Honda Civic Depreciation
A Honda Civic will depreciate 42% after 5 years and have a 5 year resale value of $16,142.
The Honda Civic has been one of the best values on the road for ages. It holds its value well, its maintenance record is stellar, and it's pretty much a problem-free vehicle. Whether buying new or used, you really can't go wrong, provided that you don't pay more than you need to. Buy one, and put 300,000 miles on it - just remember to change the oil every now and then.
The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $27,603 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Honda Civic.
Honda Civic Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $1,123 | 95.93% | $26,480 | 12,000 | 2025 |
| 2 | $4,637 | 83.20% | $22,966 | 24,000 | 2026 |
| 3 | $6,884 | 75.06% | $20,719 | 36,000 | 2027 |
| 4 | $10,889 | 60.55% | $16,714 | 48,000 | 2028 |
| 5 | $11,461 | 58.48% | $16,142 | 60,000 | 2029 |
| 6 | $11,875 | 56.98% | $15,728 | 72,000 | 2030 |
| 7 | $12,758 | 53.78% | $14,845 | 84,000 | 2031 |
| 8 | $13,871 | 49.75% | $13,732 | 96,000 | 2032 |
| 9 | $14,119 | 48.85% | $13,484 | 108,000 | 2033 |
| 10 | $15,124 | 45.21% | $12,479 | 120,000 | 2034 |
Honda Civic Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $1,123 | 95.93% | $26,480 |
| 2 | $4,637 | 83.20% | $22,966 |
| 3 | $6,884 | 75.06% | $20,719 |
| 4 | $10,889 | 60.55% | $16,714 |
| 5 | $11,461 | 58.48% | $16,142 |
| 6 | $11,875 | 56.98% | $15,728 |
| 7 | $12,758 | 53.78% | $14,845 |
| 8 | $13,871 | 49.75% | $13,732 |
| 9 | $14,119 | 48.85% | $13,484 |
| 10 | $15,124 | 45.21% | $12,479 |
Buying a Honda Civic New vs Used
If you purchase a used Honda Civic that is 2 years old, then you could save $4,637 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $6,824. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Civic models become available.
What About Honda Civic Insurance Costs?
The average cost to insure a Honda Civic is about $2,319 per year. This adds up to around $11,595 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Honda Civic. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure
The Best Model Years to Buy a Honda Civic
The 2020 Honda Civic is our top pick for the best model year value for the Civic. With the 2020, you would only pay, on average, 61% of the price as new, with 67% of the vehicle's useful life remaining. The 2022 and 2024 model years are also attractive years for the Civic, and provide a relatively good value. Our rankings consider multiple factors, including the Civic's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Honda Civic models.
Honda Civic Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2024 | $27,603 | $27,603 | $236 | $0 | 0% | 100% | Better |
| 2023 | $26,915 | $25,819 | $275 | $1,784 | 6.46% | 95.93% | |
| 2022 | $28,992 | $24,121 | $336 | $1,698 | 6.58% | 83.2% | Better |
| 2021 | $28,976 | $21,749 | $435 | $2,372 | 9.83% | 75.06% | Good |
| 2020 | $34,258 | $20,744 | $516 | $1,005 | 4.62% | 60.55% | Best |
| 2019 | $33,613 | $19,657 | $645 | $1,087 | 5.24% | 58.48% | Good |
| 2018 | $32,137 | $18,311 | $744 | $1,346 | 6.85% | 56.98% | |
| 2017 | $31,402 | $16,888 | $782 | $1,423 | 7.77% | 53.78% | |
| 2016 | $27,964 | $15,572 | $808 | $1,316 | 7.79% | 55.69% | |
| 2015 | $27,276 | $13,325 | $843 | $2,247 | 14.43% | 48.85% | |
| 2014 | $27,182 | $12,289 | $893 | $1,036 | 7.77% | 45.21% | |
| 2013 | $25,967 | $11,015 | $971 | $1,274 | 10.37% | 42.42% | |
| 2012 | $25,766 | $9,643 | $1,049 | $1,372 | 12.46% | 37.43% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2024 | $27,603 | 100% | Better |
| 2023 | $25,819 | 95.93% | |
| 2022 | $24,121 | 83.2% | Better |
| 2021 | $21,749 | 75.06% | Good |
| 2020 | $20,744 | 60.55% | Best |
| 2019 | $19,657 | 58.48% | Good |
| 2018 | $18,311 | 56.98% | |
| 2017 | $16,888 | 53.78% | |
| 2016 | $15,572 | 55.69% | |
| 2015 | $13,325 | 48.85% | |
| 2014 | $12,289 | 45.21% | |
| 2013 | $11,015 | 42.42% | |
| 2012 | $9,643 | 37.43% |
Honda Civic Depreciation Rankings
We've ranked over 200 models from best to worst for Depreciation. See where the Honda Civic ranks for Depreciation compared to other vehicles. Also check out how the Civic stacks up in our rankings for Maintenance, Insurance and Overall Costs.
Other Honda Civic Costs of Ownership
Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Honda Civic costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:
Honda Civics For Sale
2014 Honda Civic LX
$11,525
2008 Honda Civic LX
$5,615
2013 Honda Civic HYBRID
$8,249
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