Honda Passport Depreciation

A Honda Passport will depreciate 22% after 5 years and have a 5 year resale value of $34,340.

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 $44,133 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 Passport.

Honda Passport Depreciation Calculator

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Current Price
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Annual Miles

Honda Passport Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $4,709 89.33% $39,424 12,000 2022
2 $6,174 86.01% $37,959 24,000 2023
3 $6,783 84.63% $37,350 36,000 2024
4 $7,511 82.98% $36,622 48,000 2025
5 $9,793 77.81% $34,340 60,000 2026
6 $11,501 73.94% $32,632 72,000 2027
7 $15,936 63.89% $28,197 84,000 2028
8 $19,246 56.39% $24,887 96,000 2029
9 $21,056 52.29% $23,077 108,000 2030
10 $22,962 47.97% $21,171 120,000 2031

Honda Passport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $4,709 89.33% $39,424
2 $6,174 86.01% $37,959
3 $6,783 84.63% $37,350
4 $7,511 82.98% $36,622
5 $9,793 77.81% $34,340
6 $11,501 73.94% $32,632
7 $15,936 63.89% $28,197
8 $19,246 56.39% $24,887
9 $21,056 52.29% $23,077
10 $22,962 47.97% $21,171

Buying a Honda Passport New vs Used

If you purchase a used Honda Passport that is 2 years old, then you could save $6,174 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 $3,619. 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 Passport models become available.

What About Honda Passport Insurance Costs?

The average cost to insure a Honda Passport is about $1,816 per year. This adds up to around $9,080 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 Passport. 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

Honda Passport Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Honda Passport 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 Passport 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: