Honda Odyssey Depreciation

A Honda Odyssey will depreciate 50% after 5 years and have a 5 year resale value of $19,288.

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 13,500 miles per year. It also assumes a selling price of $38,231 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $5,306 86.12% $32,925 13,500 2021
2 $7,570 80.20% $30,661 27,000 2022
3 $11,894 68.89% $26,337 40,500 2023
4 $15,610 59.17% $22,621 54,000 2024
5 $18,943 50.45% $19,288 67,500 2025
6 $21,715 43.20% $16,516 81,000 2026
7 $24,560 35.76% $13,671 94,500 2027
8 $26,177 31.53% $12,054 108,000 2028
9 $27,706 27.53% $10,525 121,500 2029
10 $30,057 21.38% $8,174 135,000 2030

Honda Odyssey Depreciation

Years Old Depreciation Residual Value Resale Value
1 $5,306 86.12% $32,925
2 $7,570 80.20% $30,661
3 $11,894 68.89% $26,337
4 $15,610 59.17% $22,621
5 $18,943 50.45% $19,288
6 $21,715 43.20% $16,516
7 $24,560 35.76% $13,671
8 $26,177 31.53% $12,054
9 $27,706 27.53% $10,525
10 $30,057 21.38% $8,174

Honda Odyssey Depreciation Calculator

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If you purchase a used Honda Odyssey that is 2 years old, then you could save $7,570 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 $11,373. 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 $275 $0 0% 100%
2019 $37,432 $32,553 $315 $5,678 14.85% 86.12%
2018 $36,731 $29,847 $389 $2,706 8.31% 80.2%
2017 $35,792 $25,161 $503 $4,686 15.7% 68.89% Good
2016 $35,687 $21,693 $578 $3,468 13.78% 59.17% Better
2015 $35,209 $18,493 $729 $3,200 14.75% 50.45% Best
2014 $35,065 $16,154 $1,005 $2,339 12.65% 43.2% Better
2013 $34,790 $13,577 $1,136 $2,577 15.95% 35.76% Good
2012 $34,551 $12,116 $1,223 $1,461 10.76% 31.53%
2011 $34,113 $10,787 $1,396 $1,329 10.97% 27.53%
2010 $32,190 $8,317 $1,434 $2,470 22.9% 21.38%
2009 $32,143 $7,315 $1,641 $1,002 12.05% 17.65%
2008 $31,672 $6,507 $1,936 $808 11.05% 14.43%
Year Price % Paid Value Rank
2020 $38,231 100%
2019 $32,553 86.12%
2018 $29,847 80.2%
2017 $25,161 68.89% Good
2016 $21,693 59.17% Better
2015 $18,493 50.45% Best
2014 $16,154 43.2% Better
2013 $13,577 35.76% Good
2012 $12,116 31.53%
2011 $10,787 27.53%
2010 $8,317 21.38%
2009 $7,315 17.65%
2008 $6,507 14.43%

Considering financing? Try our Honda Odyssey Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down.

Honda Odyssey Review

Honda Odyssey Photos

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 September 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.