Honda Insight Depreciation

A Honda Insight will depreciate 51% after 5 years and have a 5 year resale value of $12,997.

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, and assumes a purchase price of $26,726 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Honda Insight Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,626 78.95% $21,100 13,500 2021
2 $8,288 68.99% $18,438 27,000 2022
3 $9,977 62.67% $16,749 40,500 2023
4 $11,904 55.46% $14,822 54,000 2024
5 $13,729 48.63% $12,997 67,500 2025
6 $15,645 41.46% $11,081 81,000 2026
7 $16,541 38.11% $10,185 94,500 2027
8 $17,733 33.65% $8,993 108,000 2028
9 $18,631 30.29% $8,095 121,500 2029
10 $19,662 26.43% $7,064 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $5,626 78.95% $21,100
2 $8,288 68.99% $18,438
3 $9,977 62.67% $16,749
4 $11,904 55.46% $14,822
5 $13,729 48.63% $12,997
6 $15,645 41.46% $11,081
7 $16,541 38.11% $10,185
8 $17,733 33.65% $8,993
9 $18,631 30.29% $8,095
10 $19,662 26.43% $7,064

Honda Insight Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Honda Insight that is 2 years old, then you could save $8,288 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 $5,441. 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.

Our Favorite Honda Insight Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.