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Honda Civic Depreciation

A Honda Civic will depreciate 16% after 5 years and have a 5 year resale value of $24,353.

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 $28,992 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.

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Honda Civic Depreciation Calculator

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Honda Civic Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $2,351 91.89% $26,641 12,000 2022
2 $2,899 90.00% $26,093 24,000 2023
3 $3,479 88.00% $25,513 36,000 2024
4 $4,059 86.00% $24,933 48,000 2025
5 $4,639 84.00% $24,353 60,000 2026
6 $5,169 82.17% $23,823 72,000 2027
7 $6,967 75.97% $22,025 84,000 2028
8 $8,741 69.85% $20,251 96,000 2029
9 $10,437 64.00% $18,555 108,000 2030
10 $12,951 55.33% $16,041 120,000 2031

Honda Civic Depreciation

Years Old Depreciation Residual Value Resale Value
1 $2,351 91.89% $26,641
2 $2,899 90.00% $26,093
3 $3,479 88.00% $25,513
4 $4,059 86.00% $24,933
5 $4,639 84.00% $24,353
6 $5,169 82.17% $23,823
7 $6,967 75.97% $22,025
8 $8,741 69.85% $20,251
9 $10,437 64.00% $18,555
10 $12,951 55.33% $16,041

Buying a Honda Civic New vs Used

If you purchase a used Honda Civic that is 2 years old, then you could save $2,899 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 $1,740. 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 $1,754 per year. This adds up to around $8,770 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 2022 Honda Civic is our top pick for the best model year value for the Civic. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2020 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
2022 $28,992 $28,992 $193 $0 0% 100% Best
2021 $28,976 $26,851 $224 $2,141 7.38% 91.89% Better
2020 $23,726 $21,353 $272 $5,498 20.48% 90% Better
2019 $23,273 $20,480 $349 $873 4.09% 88% Good
2018 $22,902 $19,696 $413 $784 3.83% 86% Good
2017 $22,867 $19,208 $514 $488 2.48% 84%
2016 $22,771 $19,428 $718 +$220 -1.15% 82.17%
2015 $21,139 $16,860 $800 $2,568 13.22% 75.97%
2014 $21,042 $15,572 $875 $1,288 7.64% 69.85%
2013 $21,289 $14,613 $988 $959 6.16% 64%
2012 $21,147 $12,703 $1,002 $1,910 13.07% 55.33%
2011 $19,877 $10,570 $1,122 $2,133 16.79% 47.53%
2010 $19,733 $9,451 $1,296 $1,119 10.59% 41.33%
Year Price % Paid Value Rank
2022 $28,992 100% Best
2021 $26,851 91.89% Better
2020 $21,353 90% Better
2019 $20,480 88% Good
2018 $19,696 86% Good
2017 $19,208 84%
2016 $19,428 82.17%
2015 $16,860 75.97%
2014 $15,572 69.85%
2013 $14,613 64%
2012 $12,703 55.33%
2011 $10,570 47.53%
2010 $9,451 41.33%

Honda Civic Depreciation Rankings

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.

Depreciation Rankings

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: