Acura MDX wins (another) J.D. Power Residual Value Award | Maple Acura (2024)

Acura MDX wins (another) J.D. Power Residual Value Award

Posted onMarch 28, 2024

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Acura MDX wins (another) J.D. Power Residual Value Award | Maple Acura (1)

The Acura MDX has achieved a remarkable feat by winning the J.D. Power 2024 Canada ALG Residual Value Award for the second consecutive year. This prestigious accolade is a testament to the MDX's exceptional value retention, making it the benchmark in the midsize premium SUV category. In this article, we will delve into the details of this remarkable accomplishment and explore why the Acura MDX remains the top choice for discerning buyers.

Setting the Standard in Residual Value

J.D. Power's Canada ALG Residual Value Awards hold immense significance in the automotive industry, recognizing vehicles projected to retain the highest percentage of their manufacturer's suggested retail price (MSRP) after three years. In the highly competitive midsize premium SUV segment, the Acura MDX has emerged triumphant.

J.D. Power acknowledges the Acura MDX's unrivalled residual value, placing it at the pinnacle of midsize premium SUVs with third-row seating. The MDX offers the highest value retention and is predicted to maintain its value better than any other vehicle in its class. Remarkably, Acura consistently ranks among the top luxury brands in Canada for residual value, emphasizing the brand's commitment to quality and customer satisfaction.

James Marchand, Assistant Vice President of Acura Canada, is enthusiastic about receiving the J.D. Power Residual Value Award for the second year. He states, "The Acura MDX and MDX Type S are the benchmark for performance luxury SUVs in Canada. Acura is dedicated to delivering precision-crafted performance, and our vehicles, including the MDX, RDX, TLX, and Integra, are renowned for their quality, reliability, and performance." This award exemplifies the value that the MDX offers to the Canadian market.

The Importance of Residual Value

Considering the long-term value of a vehicle is paramount when making a significant investment. The J.D. Power Residual Value Award empowers potential buyers to evaluate a vehicle's total cost of ownership and future resale value, whether they finance, lease, or purchase outright.

Residual value is integral in determining the overall cost-effectiveness of owning a vehicle. Higher residual values ensure that owners receive greater value for their investment and reflect positively on the vehicle's quality, reliability, and desirability in the used car market. With the Acura MDX consistently winning accolades for its exceptional residual value, owners can have confidence that their investment will hold its value over time.

Reserve Your Acura MDX Today

The Acura MDX's successive J.D. Power Residual Value Award showcases its outstanding quality, performance, and value. As a savvy consumer, it is crucial to consider a vehicle's long-term value and reliability when purchasing. The Acura MDX has repeatedly proven that it excels in these areas, making it the unrivalled choice for those seeking a midsize premium SUV with exceptional value retention. Experience the excellence of the Acura MDX and reserve yours today at Maple Acura in Vaughan.

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    Acura MDX wins (another) J.D. Power Residual Value Award | Maple Acura (2024)

    FAQs

    Does the Acura MDX have good resale value? ›

    A 2022 Acura MDX has depreciated $13,002 in the last 2 years and has a current resale value of $31,908 and trade-in value of $29,088.

    What is the value of an Acura MDX? ›

    The price of the 2025 Acura MDX starts at $52,550 and goes up to $76,300 depending on the trim and options.

    Is an Acura MDX a reliable car? ›

    Acura MDX. The Acura MDX follows suit with four out of five stars from RepairPal for reliability, putting it second among 14 luxury midsize SUVs. This Acura SUV costs $571 annually to maintain. Average repair shop visits total 0.4 times yearly, with an 11% chance of severe repair.

    Why Acura MDX is the best? ›

    The MDX's steering and handling are its best dynamic attributes. Acura's latest version of Super Handling All-Wheel Drive impressively enhances the MDX's nimbleness and helps with wet-weather traction. The MDX has a comfortable ride but can still rail through turns like an SUV half its size.

    What is the residual value of a 2024 Acura MDX? ›

    A 2024 Acura MDX will depreciate $32,213 after 5 years and have a 5-year residual value of $26,187. With out of pocket expenses at $40,744, the total Cost to Own of the 2024 Acura MDX is $72,957. Personalize your 5-Year Cost to Own data by logging in.

    Which year is MDX best? ›

    All of the Acura MDX's generations have solid repair records and a reputation for quality, but the earlier second-generation models built from 2007 to 2009, 2015 models, and MDXs built from 2018 to the present, stand out as the most trouble-free years, according to sources like Dashboard Light and Consumer Reports.

    How many miles will an Acura MDX last? ›

    MotorAsk.com – “Acuras can last anywhere from 250,000 to 300,000 miles with proper maintenance. According to Acura owners, some of the brand's vehicles can even last 400,000 miles or more in ideal conditions and with a responsible owner… one Acura MDX was reported with 946,252 miles,” MotorBuscuit.com – “…

    What are people paying for Acura MDX? ›

    2025 Acura MDX Pricing
    MSRPKBB Fair Purchase Price (nat'l average)
    MDX$52,250$51,309
    SH-AWD$54,450$53,252
    Base w/Technology Pkg$57,650$56,497
    SH-AWD w/Technology Pkg$59,850$58,653
    4 more rows

    Is the Acura MDX considered a luxury car? ›

    Acura is a luxury brand that offers the highest of quality in terms of interior amenities and drive quality.

    What is the most common problem with the Acura MDX? ›

    One of the most common issues with Acura MDX vehicles, especially those built between 2003 and 2007, is transmission problems. Owners have reported issues such as harsh shifting, slipping gears, and even complete transmission failure.

    Are Acura MDX high maintenance? ›

    The average annual repair cost for a Acura is $501, which means it has above average ownership costs.

    What does MDX stand for in Acura? ›

    The Acura MDX is a mid-size luxury crossover SUV with three-row seating produced by the Japanese automaker Honda under its luxury Acura division since 2000. The alphanumeric moniker stands for "Multi-Dimensional" luxury.

    Which Acura MDX is top of the line? ›

    The top-of-the-line 2024 Acura MDX Type-S Advance, simply put, is the best MDX you can experience. By combining the performance of the Type-S and the high-tech features found on the Advance, you get not only a powerful and capable SUV, but a high-tech luxury experience, too.

    Which Acura model is the most reliable? ›

    According to iSeeCars, a research platform that collects data from millions of used car listings, the most reliable Acura models are the MDX, RDX, and TLX1. These models have high-reliability ratings and rank among the top in their respective vehicle categories.

    What is Acura's best selling model? ›

    Boasting sleek styling, impressive performance, and state-of-the-art technology, the 2023 MDX is Acura's best-selling model. In fact, sales of the MDX alone make up 40% of the total sales volume for Acura in the U.S. According to GoodCarBadCar , 20,981 of these exceptional SUVs have sold in the U.S.

    Do acuras have a high resale value? ›

    Typically, an Acura will sell for around 47% after the first five years of ownership. For instance, a car like the Acura RLX will depreciate down to a selling price of about $31,000 after five years. It's critical to act quicker when it comes to reselling your Acura to maximize its value.

    Is a Acura MDX expensive to maintain? ›

    The average annual repair cost for a Acura is $501, which means it has above average ownership costs. The other factors that contribute to Acura reliability include an average of 0.4 visits to a repair shop per year and a 8% probability of a repair being severe.

    What is the average life of an MDX? ›

    Based on current data and owner accounts, the Acura MDX can easily last between 200,000 and 250,000 miles. Many users from many different forums and discussion boards seem to confirm the MDX's lifespan. Users from the Acura MDX SUV Forum have shared their varied experiences.

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