When it comes to value, perception is reality. And consumers perceive that Honda and Mercedes-Benz deliver the highest quality vehicles according to ALG, the analytics division of TrueCar and the industry benchmark for forecasting future automotive values, which today announced the results of its Brand Perception of Quality (BPQ) study. Honda received the highest ratings among Mainstream brands, followed by Toyota and Volkswagen. Mercedes-Benz received the highest ratings among Premium brands, followed by Lexus and BMW. European automakers netted six of the top seven Premium brand spots. The mix was a bit more varied among Mainstream brands. While three of the top four spots were held by Japanese automakers (Honda, Toyota, Subaru), domestic brands GMC, Ford and Buick were all among the next tier. “When consumers buy a car, brand perception directly impacts how quickly the vehicle will depreciate,” said Larry Dominique, President of ALG and Executive Vice President at TrueCar. … [Read more...]