Honda Passport Depreciation

A Honda Passport will depreciate 49% after 5 years and have a 5 year resale value of $21,192.

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 $41,326 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

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,873 78.53% $32,453 13,500 2021
2 $11,604 71.92% $29,722 27,000 2022
3 $13,857 66.47% $27,469 40,500 2023
4 $17,225 58.32% $24,101 54,000 2024
5 $20,134 51.28% $21,192 67,500 2025
6 $22,754 44.94% $18,572 81,000 2026
7 $24,944 39.64% $16,382 94,500 2027
8 $26,808 35.13% $14,518 108,000 2028
9 $28,126 31.94% $13,200 121,500 2029
10 $29,358 28.96% $11,968 135,000 2030

Honda Passport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,873 78.53% $32,453
2 $11,604 71.92% $29,722
3 $13,857 66.47% $27,469
4 $17,225 58.32% $24,101
5 $20,134 51.28% $21,192
6 $22,754 44.94% $18,572
7 $24,944 39.64% $16,382
8 $26,808 35.13% $14,518
9 $28,126 31.94% $13,200
10 $29,358 28.96% $11,968

Honda Passport Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Honda Passport that is 2 years old, then you could save $11,604 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 $8,530. 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.

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: