Honda HR-V Depreciation

A Honda HR-V will depreciate 43% after 5 years and have a 5 year resale value of $15,499.

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 $26,974 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 HR-V.

Honda HR-V Depreciation Calculator

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Honda HR-V Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,917 81.77% $22,057 12,000 2022
2 $7,666 71.58% $19,308 24,000 2023
3 $9,125 66.17% $17,849 36,000 2024
4 $9,244 65.73% $17,730 48,000 2025
5 $11,475 57.46% $15,499 60,000 2026
6 $12,974 51.90% $14,000 72,000 2027
7 $14,682 45.57% $12,292 84,000 2028
8 $15,715 41.74% $11,259 96,000 2029
9 $17,628 34.65% $9,346 108,000 2030
10 $18,226 32.43% $8,748 120,000 2031

Honda HR-V Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,917 81.77% $22,057
2 $7,666 71.58% $19,308
3 $9,125 66.17% $17,849
4 $9,244 65.73% $17,730
5 $11,475 57.46% $15,499
6 $12,974 51.90% $14,000
7 $14,682 45.57% $12,292
8 $15,715 41.74% $11,259
9 $17,628 34.65% $9,346
10 $18,226 32.43% $8,748

Buying a Honda HR-V New vs Used

If you purchase a used Honda HR-V that is 2 years old, then you could save $7,666 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 $3,809. 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 HR-V models become available.

What About Honda HR-V Insurance Costs?

The average cost to insure a Honda HR-V is about $1,421 per year. This adds up to around $7,105 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 HR-V. 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 HR-V

The 2019 Honda HR-V is our top pick for the best model year value for the HR-V. With the 2019, you would only pay, on average, 72% of the price as new, with 83% of the vehicle's useful life remaining. The 2020 and 2018 model years are also attractive years for the HR-V, and provide a relatively good value. Our rankings consider multiple factors, including the HR-V'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 HR-V models.

Honda HR-V Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $26,974 $26,974 $237 $0 0% 100%
2020 $26,602 $22,031 $278 $4,943 18.33% 81.77% Better
2019 $26,810 $19,533 $343 $2,498 11.34% 71.58% Best
2018 $24,785 $16,848 $447 $2,685 13.75% 66.17% Better
2017 $24,772 $16,816 $534 $32 0.19% 65.73% Good
2016 $24,130 $14,536 $670 $2,280 13.56% 57.46% Good
Year Price % Paid Value Rank
2021 $26,974 100%
2020 $22,031 81.77% Better
2019 $19,533 71.58% Best
2018 $16,848 66.17% Better
2017 $16,816 65.73% Good
2016 $14,536 57.46% Good

Honda HR-V Depreciation Rankings

Depreciation Rankings

We've ranked over 200 models from best to worst for Depreciation. See where the Honda HR-V ranks for Depreciation compared to other vehicles. Also check out how the HR-V stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Depreciation Rankings

Other Honda HR-V 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 HR-V 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: