Honda Insight Depreciation

A Honda Insight will depreciate 39% after 5 years and have a 5 year resale value of $16,333.

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 $26,873 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 Insight.

Honda Insight Depreciation Calculator

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Honda Insight Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,383 83.69% $22,490 12,000 2022
2 $5,608 79.13% $21,265 24,000 2023
3 $7,097 73.59% $19,776 36,000 2024
4 $8,734 67.50% $18,139 48,000 2025
5 $10,540 60.78% $16,333 60,000 2026
6 $12,345 54.06% $14,528 72,000 2027
7 $13,703 49.01% $13,170 84,000 2028
8 $14,837 44.79% $12,036 96,000 2029
9 $16,992 36.77% $9,881 108,000 2030
10 $17,935 33.26% $8,938 120,000 2031

Honda Insight Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,383 83.69% $22,490
2 $5,608 79.13% $21,265
3 $7,097 73.59% $19,776
4 $8,734 67.50% $18,139
5 $10,540 60.78% $16,333
6 $12,345 54.06% $14,528
7 $13,703 49.01% $13,170
8 $14,837 44.79% $12,036
9 $16,992 36.77% $9,881
10 $17,935 33.26% $8,938

Buying a Honda Insight New vs Used

If you purchase a used Honda Insight that is 2 years old, then you could save $5,608 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 $4,932. 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 Insight models become available.

Honda Insight Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Honda Insight 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 Insight 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: