Honda Accord Depreciation
| Years Old |
Depreciation |
Residual Value |
| 1 |
$2,413 |
93.54% |
| 2 |
$2,988 |
92.00% |
| 3 |
$3,735 |
90.00% |
| 4 |
$4,482 |
88.00% |
How much does a Honda Accord depreciate in 3 years?
Honda Accord Depreciation
| Years Old |
Depreciation |
Residual Value |
| 2 |
$3,266 |
91.43% |
| 3 |
$4,083 |
89.29% |
| 4 |
$4,899 |
87.15% |
| 5 |
$8,697 |
77.20% |
Does Honda Accord hold value?
But the Accord serves its owners well over the long run, too. KBB expects that a 2017 Accord will be worth 43.5% of its original value after the first three years of ownership, and after five years, the Accord will be worth 31.8% of its original value.
Does Accord have good resale value?
Before buying your new sedan, check the KBB.com Fair Purchase Price to see what others in your area are paying. The Honda Accord’s resale value is excellent.
How much does a Honda Accord depreciate every year? – Related Questions
Is Accord as reliable as civic?
Overall Reliability Rating
The severity and frequency of repairs are both much lower than other vehicles, so the Civic is one of the more reliable vehicles on the road. The Honda Accord Reliability Rating is 4.5 out of 5.0, which ranks it 1st out of 24 for midsize cars.
Which Hondas hold their value the best?
2022 Honda Civic Value
In addition to a 2022 Kelley Blue Book Best Resale Value Award, the 2022 Honda Civic also received a 2022 U.S. ALG Residual Value Award in the passenger car category.
Why is Honda resale value so high?
Reliability and low ownership costs—such as less maintenance needed over the course of owning the vehicle—are just a few ways owning a Honda does more than just get your money when you’re ready to sell or trade-in.
What is Honda’s most sold car?
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- Civic is all-time best-selling Honda automobile with global sales approaching 30 million.
- With more than 12.3 million in U.S. sales since its debut in 1973, Civic is America’s best-selling small car over the last five decades.
- Honda has produced more than 11 million Civics in North America since 1986.
What brand is better than Honda?
The Toyota vehicles also consistently last longer than any Honda. According to statistics based on consumer reports, Toyota is the second most reliable automaker after Mazda, and Corolla is the most reliable model.
Does Nissan have good resale value?
Though Nissans tend to hold their value well, even in-demand models can depreciate by up to 40% after three years of ownership. Mileage: Maintain a limit of 12,000 to 15,000 miles per year of ownership, and try to sell your car before it reaches 100,000 miles to net the best resale price.
Is Honda Accord a reliable car?
Honda Reliability Rankings from Experts
RepairPal: “The Honda Accord Reliability Rating is 4.5 out of 5.0, which ranks it 1st out of 24 for midsize cars. The average annual repair cost is $400 which means it has excellent ownership costs.
Does Honda have resale value?
Because the resale value is determined on several factors like maintenance, servicing, years of operation, etc.
You can also refer to the table to know resale value of the cars.
| Brand |
Purchase Price |
Resale Value (After 3 yrs) |
| Honda City |
6.99-8.20 lakhs |
2-3.5 lakhs |
Which brand cars have good resale value?
Top 10 Best Resale Value Cars in India
- Maruti Suzuki Swift Dzire. The fact that Maruti is topping the list of best resale value cars in the country shouldn’t come as a surprise.
- Hyundai i20.
- Maruti Suzuki Swift.
- Maruti Suzuki Alto.
- Volkswagen Polo.
- Toyota Innova.
- Toyota Fortuner.
- Maruti Wagon R.
Which car loses least value?
Top 10 Vehicles With the Lowest Depreciation
| Model |
Average 5-year depreciation |
$ difference |
| 1. Jeep Wrangler Unlimited
|
30.9% |
$12,168 |
| 2. Toyota Tacoma |
32.4% |
$10,496 |
| 3. Jeep Wrangler |
32.8% |
$10,824 |
| 4. Porsche 911 |
36.0% |
$56,133 |
What car brand loses the most value?
Vehicles that Depreciate the Most
| Top 10 Vehicles With the Highest Depreciation – iSeeCars Study |
|
|
| Rank |
Vehicle |
Average 5-Year Depreciation |
| 1 |
Nissan LEAF |
65.1% |
| 2 |
BMW i3 |
63.1% |
| 3 |
BMW 7 Series |
61.5% |
What car holds its value longest?
Cars that hold their value the most
| Rank |
Car Model |
Average 3 Year Depreciation Rate |
| 1 |
Toyota Tacoma |
21.93% |
| 2 |
Ford F-Series |
24.48% |
| 3 |
Ford Ranger |
24.48% |
| 4 |
Tesla Model 3 |
24.79% |
What cars dont depreciate fast?
Three of the models that increased in value over MSRP are the same as the top three models with the lowest five-year depreciation : the Porsche 911, Jeep Wrangler , and Jeep Wrangler Unlimited. The other models include another Porsche model, the Porsche 718 Cayman, as well as the Toyota RAV4 Hybrid trim .
What car brand lasts forever?
Toyota earns the top spot as the best automaker for dependability. Toyota vehicles are known for their longevity, and they are proven to last longer than any other brand. Toyotas are built so well they have below-average maintenance and repair costs, which helps contribute to why they remain on the road for so long.
What car has the best lifespan?
The top two vehicles listed by iSeeCars are Toyota models, which both lasted nearly 300,000 miles over the past 20 years. The Toyota Sequoia reached 296,509 miles, and the Toyota Land Cruiser hit 280,236.
What cars can last over 300000 miles?
11 Cars That Will Last Longer Than 300,000 Miles
- 11/11 Volvo P1800.
- 10/11 Porsche 356.
- 9/11 Toyota Corolla.
- 8/11 Honda Accord.
- 7/11 GMC Yukon XL.
- 6/11 Toyota Camry.
- 5/11 Toyota Land Cruiser.
- 4/11 Ford F-150.