Honda Odyssey Depreciation

A Honda Odyssey will depreciate 50% after 5 years and have a 5 year resale value of $18,989.

The Honda Odyssey is a well-built car, 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 it's what you need-but don't buy it if you want it to be a good vehicle investment-use it and lose it.

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 $38,231 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 Odyssey Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,553 88.09% $33,678 13,500 2021
2 $7,103 81.42% $31,128 27,000 2022
3 $11,106 70.95% $27,125 40,500 2023
4 $15,797 58.68% $22,434 54,000 2024
5 $19,242 49.67% $18,989 67,500 2025
6 $21,685 43.28% $16,546 81,000 2026
7 $24,617 35.61% $13,614 94,500 2027
8 $26,628 30.35% $11,603 108,000 2028
9 $27,859 27.13% $10,372 121,500 2029
10 $30,080 21.32% $8,151 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $4,553 88.09% $33,678
2 $7,103 81.42% $31,128
3 $11,106 70.95% $27,125
4 $15,797 58.68% $22,434
5 $19,242 49.67% $18,989
6 $21,685 43.28% $16,546
7 $24,617 35.61% $13,614
8 $26,628 30.35% $11,603
9 $27,859 27.13% $10,372
10 $30,080 21.32% $8,151

Honda Odyssey Depreciation Calculator

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If you purchase a used Honda Odyssey that is 2 years old, then you could save $7,103 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 $12,139. 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.

The Best Model Years to Buy a Honda Odyssey

The 2015 Honda Odyssey is our top pick for the best model year value for the Odyssey. With the 2015, you would only pay, on average, 50% of the price as new, with 58% of the vehicle's useful life remaining. The 2016 and 2014 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
2020 $38,231 $38,231 $198 $0 0% 100%
2019 $37,432 $33,210 $238 $5,021 13.13% 88.09%
2018 $36,731 $30,221 $313 $2,989 9% 81.42%
2017 $35,792 $25,821 $426 $4,400 14.56% 70.95% Good
2016 $35,687 $21,441 $501 $4,380 16.96% 58.68% Better
2015 $35,209 $18,140 $653 $3,301 15.4% 49.67% Best
2014 $35,065 $16,105 $929 $2,035 11.22% 43.28% Better
2013 $34,790 $13,447 $1,060 $2,658 16.5% 35.61% Good
2012 $34,551 $11,632 $1,146 $1,815 13.5% 30.35%
2011 $34,113 $10,575 $1,319 $1,057 9.09% 27.13%
2010 $32,190 $8,221 $1,357 $2,354 22.26% 21.32%
2009 $32,143 $6,939 $1,565 $1,282 15.59% 16.72%
2008 $31,672 $6,382 $1,859 $557 8.03% 14.28%
Year Price % Paid Value Rank
2020 $38,231 100%
2019 $33,210 88.09%
2018 $30,221 81.42%
2017 $25,821 70.95% Good
2016 $21,441 58.68% Better
2015 $18,140 49.67% Best
2014 $16,105 43.28% Better
2013 $13,447 35.61% Good
2012 $11,632 30.35%
2011 $10,575 27.13%
2010 $8,221 21.32%
2009 $6,939 16.72%
2008 $6,382 14.28%
Our Favorite Honda Odyssey 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.