Honda Odyssey Depreciation

A Honda Odyssey will depreciate 27% after 5 years and have a 5 year resale value of $33,185.

The Honda Odyssey is a well-built vehicle, but it doesn't hold its value like some of the other Honda models. Overall, it ranks in the middle of the pack with respect to depreciation in the short-term, but its value continues to fall throughout its useful life. Odysseys are generally used by families with lots of kids and plenty of animals, so by the time its 6 or 7 years old, it has seen a lot of wear and tear. Buy it because you like it and/or need it, and plan to drive it until it stops.

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 $45,684 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 Odyssey.

Honda Odyssey Depreciation Calculator

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Annual Miles

Honda Odyssey Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $3,084 93.25% $42,600 12,000 2022
2 $4,112 91.00% $41,572 24,000 2023
3 $5,025 89.00% $40,659 36,000 2024
4 $7,483 83.62% $38,201 48,000 2025
5 $12,499 72.64% $33,185 60,000 2026
6 $16,204 64.53% $29,480 72,000 2027
7 $19,758 56.75% $25,926 84,000 2028
8 $23,016 49.62% $22,668 96,000 2029
9 $26,323 42.38% $19,361 108,000 2030
10 $28,699 37.18% $16,985 120,000 2031

Honda Odyssey Depreciation

Years Old Depreciation Residual Value Resale Value
1 $3,084 93.25% $42,600
2 $4,112 91.00% $41,572
3 $5,025 89.00% $40,659
4 $7,483 83.62% $38,201
5 $12,499 72.64% $33,185
6 $16,204 64.53% $29,480
7 $19,758 56.75% $25,926
8 $23,016 49.62% $22,668
9 $26,323 42.38% $19,361
10 $28,699 37.18% $16,985

Buying a Honda Odyssey New vs Used

If you purchase a used Honda Odyssey that is 2 years old, then you could save $4,112 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 $8,387. 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 Odyssey models become available.

What About Honda Odyssey Insurance Costs?

The average cost to insure a Honda Odyssey is about $1,635 per year. This adds up to around $8,175 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 Odyssey. 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

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The Best Model Years to Buy a Honda Odyssey

The 2021 Honda Odyssey is our top pick for the best model year value for the Odyssey. With the 2021, you would only pay, on average, 93% of the price as new, with 92% of the vehicle's useful life remaining. The 2017 and 2016 model years are also attractive years for the Odyssey, and provide a relatively good value. Our rankings consider multiple factors, including the Odyssey'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 Odyssey models.

Honda Odyssey Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2022 $45,684 $45,684 $279 $0 0% 100%
2021 $45,579 $42,825 $321 $2,859 6.26% 93.25% Best
2020 $38,231 $34,790 $388 $8,035 18.76% 91% Good
2019 $37,432 $33,314 $495 $1,476 4.24% 89%
2018 $36,731 $31,299 $583 $2,015 6.05% 83.62%
2017 $35,792 $26,722 $723 $4,577 14.62% 72.64% Better
2016 $35,687 $24,037 $1,007 $2,685 10.05% 64.53% Better
2015 $35,209 $21,100 $1,119 $2,937 12.22% 56.75% Good
2014 $35,065 $18,624 $1,224 $2,476 11.73% 49.62%
2013 $34,790 $16,124 $1,380 $2,500 13.42% 42.38%
2012 $34,551 $14,246 $1,400 $1,878 11.65% 37.18%
2011 $34,113 $12,598 $1,567 $1,648 11.57% 32.34%
2010 $32,190 $9,807 $1,808 $2,791 22.15% 24.85%
Year Price % Paid Value Rank
2022 $45,684 100%
2021 $42,825 93.25% Best
2020 $34,790 91% Good
2019 $33,314 89%
2018 $31,299 83.62%
2017 $26,722 72.64% Better
2016 $24,037 64.53% Better
2015 $21,100 56.75% Good
2014 $18,624 49.62%
2013 $16,124 42.38%
2012 $14,246 37.18%
2011 $12,598 32.34%
2010 $9,807 24.85%

Honda Odyssey Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Honda Odyssey 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 Odyssey 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: