Honda Passport Depreciation

A Honda Passport will depreciate 39% after 5 years and have a 5 year resale value of $25,583.

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 $41,946 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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Honda Passport Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,490 79.76% $33,456 12,000 2022
2 $9,304 77.82% $32,642 24,000 2023
3 $10,398 75.21% $31,548 36,000 2024
4 $13,477 67.87% $28,469 48,000 2025
5 $16,363 60.99% $25,583 60,000 2026
6 $19,274 54.05% $22,672 72,000 2027
7 $21,653 48.38% $20,293 84,000 2028
8 $23,607 43.72% $18,339 96,000 2029
9 $25,549 39.09% $16,397 108,000 2030
10 $27,798 33.73% $14,148 120,000 2031

Honda Passport Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,490 79.76% $33,456
2 $9,304 77.82% $32,642
3 $10,398 75.21% $31,548
4 $13,477 67.87% $28,469
5 $16,363 60.99% $25,583
6 $19,274 54.05% $22,672
7 $21,653 48.38% $20,293
8 $23,607 43.72% $18,339
9 $25,549 39.09% $16,397
10 $27,798 33.73% $14,148

Buying a Honda Passport New vs Used

If you purchase a used Honda Passport that is 2 years old, then you could save $9,304 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 $7,059. 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.

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: