Honda HR-V Depreciation

A Honda HR-V will depreciate 49% after 5 years and have a 5 year resale value of $13,642.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $26,602 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,711 78.53% $20,891 13,500 2021
2 $7,470 71.92% $19,132 27,000 2022
3 $8,920 66.47% $17,682 40,500 2023
4 $11,088 58.32% $15,514 54,000 2024
5 $12,960 51.28% $13,642 67,500 2025
6 $14,647 44.94% $11,955 81,000 2026
7 $16,057 39.64% $10,545 94,500 2027
8 $17,257 35.13% $9,345 108,000 2028
9 $18,105 31.94% $8,497 121,500 2029
10 $18,898 28.96% $7,704 135,000 2030

Honda HR-V Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,711 78.53% $20,891
2 $7,470 71.92% $19,132
3 $8,920 66.47% $17,682
4 $11,088 58.32% $15,514
5 $12,960 51.28% $13,642
6 $14,647 44.94% $11,955
7 $16,057 39.64% $10,545
8 $17,257 35.13% $9,345
9 $18,105 31.94% $8,497
10 $18,898 28.96% $7,704

Honda HR-V Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Honda HR-V that is 2 years old, then you could save $7,470 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 $5,490. 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.

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: