Honda Depreciation

Honda continues to show strong value-retention results, usually landing a Top 5 spot in all three measurement periods. For value-conscience shoppers looking for a tried and true vehicle line that won't disappoint, you can't go wrong with any Honda model, new or used.

2023 is our top pick for the best model year value for Honda vehicles. With the 2023, you would only pay, on average, 74% of the price as new, with 83% of the vehicle's useful life remaining. The 2022 and 2021 model years are also attractive years for the Honda models, and provide a relatively good value. Our rankings consider multiple factors, including original new prices, current prices, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money with a Honda model.


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Honda Depreciation

Year Depreciation Residual Value Percent Left Value Rating
2025 0.0% 100.0% 100.0%
2024 18.8% 81.2% 91.7%
2023 26.0% 74.0% 83.3% Best
2022 30.9% 69.1% 75.0% Better
2021 35.9% 64.1% 66.7% Better
2020 39.3% 60.7% 58.3% Good
2019 42.6% 57.4% 50.0% Good
2018 46.7% 53.3% 41.7%
2017 51.9% 48.1% 33.3%
2016 55.6% 44.4% 25.0%
2015 58.9% 41.1% 16.7%
2014 62.0% 38.0% 8.3%
2013 64.8% 35.2% 0.0%
Year Depreciation Residual Value Value Rating
2025 0.0% 100.0%
2024 18.8% 81.2%
2023 26.0% 74.0% Best
2022 30.9% 69.1% Better
2021 35.9% 64.1% Better
2020 39.3% 60.7% Good
2019 42.6% 57.4% Good
2018 46.7% 53.3%
2017 51.9% 48.1%
2016 55.6% 44.4%
2015 58.9% 41.1%
2014 62.0% 38.0%
2013 64.8% 35.2%

Help me understand

CarEdge Depreciation Calculator

You entered the vehicle’s current age and how long you plan to own it. To understand your projected depreciation:
  • Start with the row matching the vehicle’s current age
  • Find the row for the vehicle’s age after your ownership period
  • The difference between those two resale values is your estimated depreciation
Example: If your vehicle is 2 years old and you plan to own it for 3 years, look at the values for 2 and 5 years old.

Honda Depreciation by Model

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