Honda Accord Depreciation

Honda Accord Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid % Left Years Left Net Used Value
2020 $31,515 $31,515 $140 $0 0% 100% 100% 12 0
2019 $29,865 $23,859 $168 $7,656 24.29% 79.33% 91.67% 11 12.34
2018 $28,418 $21,584 $220 $2,275 9.54% 75.18% 83.33% 10 8.15
2017 $27,374 $17,889 $300 $3,695 17.12% 64.25% 75% 9 10.75
2016 $27,231 $16,207 $353 $1,682 9.4% 58.22% 66.67% 8 8.45
2015 $26,681 $14,224 $459 $1,983 12.24% 51.59% 58.33% 7 6.74
2014 $26,537 $12,790 $654 $1,434 10.08% 45.73% 50% 6 4.27
2013 $26,382 $11,877 $746 $913 7.14% 42.19% 41.67% 5 -0.52
2012 $25,617 $9,432 $807 $2,445 20.59% 33.67% 33.33% 4 -0.34
2011 $25,409 $8,631 $929 $801 8.49% 30.31% 25% 3 -5.31
2010 $24,956 $7,785 $955 $846 9.8% 27.37% 16.67% 2 -10.7
2009 $24,814 $7,253 $1,102 $532 6.83% 24.79% 8.33% 1 -16.46
2008 $24,247 $6,528 $1,309 $725 10% 21.52% 0% 0 -21.52
Year Price % Paid % Left NUV
2020 $31,515 100% 100% 0
2019 $23,859 79.33% 91.67% 12.34
2018 $21,584 75.18% 83.33% 8.15
2017 $17,889 64.25% 75% 10.75
2016 $16,207 58.22% 66.67% 8.45
2015 $14,224 51.59% 58.33% 6.74
2014 $12,790 45.73% 50% 4.27
2013 $11,877 42.19% 41.67% -0.52
2012 $9,432 33.67% 33.33% -0.34
2011 $8,631 30.31% 25% -5.31
2010 $7,785 27.37% 16.67% -10.7
2009 $7,253 24.79% 8.33% -16.46
2008 $6,528 21.52% 0% -21.52
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About The Numbers

Our depreciation figures are calculated by aggregating then analyzing pricing, sales and other related automotive data sets.

Here are some brief descriptions of the columns:
  • Year - The vehicle model year.
  • New Price - The geometric mean new price paid of that model year grouped by most the popular trim levels.
  • Current Price - The geometric mean listing price of a used model of that year grouped by the same trim levels.
  • Maintenance - Estimated maintenance and repair costs during that year of ownership.
  • $ Decline - Year over Year price decline.
  • % Decline - Year over Year percentage of decline.
  • % Paid - Percentage paid of the original price.
  • % Left - Percentage left of reliable years of the vehicle.
  • Years Left - Current industry average of years remaining with predictable maintenance and repair costs.
  • Net Used Value - Our ranking & sorting index to help you find the model years with the most value.
2,344,925 total data points last analyzed on 04/16/2020.
More questions? Check out our Q&A section here.

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Our Honda Accord Depreciation Analysis and Recommendations

The Honda Accord has been a bellwether car for decades, and is a model known for holding its value. New Accord prices have risen significantly over the years, so it depreciates faster than it used to. However, if you are looking for a great used car that won't give you problems down the road, the Accord is a great pick.

The 2019, 2017 & 2016 Honda Accord model years are currently the best values.

On average, expect to pay only 79% of the original cost with 92% of the vehicle's lifetime remaining for a 2019 Accord. That gives it a Net Used Value score of 12.34 which factors in annual maintenance costs, price decline, reliable years left and available inventory.

Also consider the 2017 & 2016 Accord model years. Those currently have a generally low risk of any significant depreciation over the next several years.

Own a 2019 Honda Accord?

While we would advise holding onto this vehicle for a few years, that's not always the plan. Dealers have access to similar figures so they know that your vehicle has a low risk of depreciation.