Honda HR-V Depreciation

A Honda HR-V will depreciate 39% after 5 years and have a 5 year resale value of $16,427.

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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,723 82.49% $22,251 12,000 2022
2 $7,011 74.01% $19,963 24,000 2023
3 $7,679 71.53% $19,295 36,000 2024
4 $8,572 68.22% $18,402 48,000 2025
5 $10,547 60.90% $16,427 60,000 2026
6 $12,395 54.05% $14,579 72,000 2027
7 $13,924 48.38% $13,050 84,000 2028
8 $15,181 43.72% $11,793 96,000 2029
9 $16,430 39.09% $10,544 108,000 2030
10 $17,876 33.73% $9,098 120,000 2031

Honda HR-V Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,723 82.49% $22,251
2 $7,011 74.01% $19,963
3 $7,679 71.53% $19,295
4 $8,572 68.22% $18,402
5 $10,547 60.90% $16,427
6 $12,395 54.05% $14,579
7 $13,924 48.38% $13,050
8 $15,181 43.72% $11,793
9 $16,430 39.09% $10,544
10 $17,876 33.73% $9,098

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 $7,011 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 $3,536. 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.

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, 74% 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 $244 $0 0% 100%
2020 $26,602 $22,228 $283 $4,746 17.59% 82.49% Better
2019 $26,810 $20,196 $354 $2,032 9.14% 74.01% Best
2018 $24,785 $18,192 $463 $2,004 9.92% 71.53% Better
2017 $24,772 $17,434 $535 $758 4.17% 68.22% Good
2016 $24,130 $15,376 $680 $2,058 11.8% 60.9% Good
Year Price % Paid Value Rank
2021 $26,974 100%
2020 $22,228 82.49% Better
2019 $20,196 74.01% Best
2018 $18,192 71.53% Better
2017 $17,434 68.22% Good
2016 $15,376 60.9% Good

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: