Honda Pilot Depreciation

A Honda Pilot will depreciate 42% after 5 years and have a 5 year resale value of $26,867.

Pilots have been a great overall vehicle. Their owners drive them hard, however, as parents transport soccer teams, scout troops and everyone else under the sun from practice, to the beach and to everywhere else. Pilots will last forever, but they tend to see some significant usage along the way. If you can find a clean one, at a reasonable price, snatch it up.

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 $46,498 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 Pilot.

Honda Pilot Depreciation Calculator

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Honda Pilot Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $11,336 75.62% $35,162 12,000 2022
2 $12,089 74.00% $34,409 24,000 2023
3 $13,019 72.00% $33,479 36,000 2024
4 $16,200 65.16% $30,298 48,000 2025
5 $19,631 57.78% $26,867 60,000 2026
6 $23,212 50.08% $23,286 72,000 2027
7 $24,997 46.24% $21,501 84,000 2028
8 $28,178 39.40% $18,320 96,000 2029
9 $31,939 31.31% $14,559 108,000 2030
10 $32,432 30.25% $14,066 120,000 2031

Honda Pilot Depreciation

Years Old Depreciation Residual Value Resale Value
1 $11,336 75.62% $35,162
2 $12,089 74.00% $34,409
3 $13,019 72.00% $33,479
4 $16,200 65.16% $30,298
5 $19,631 57.78% $26,867
6 $23,212 50.08% $23,286
7 $24,997 46.24% $21,501
8 $28,178 39.40% $18,320
9 $31,939 31.31% $14,559
10 $32,432 30.25% $14,066

Buying a Honda Pilot New vs Used

If you purchase a used Honda Pilot that is 2 years old, then you could save $12,089 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 $7,542. 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 Pilot models become available.

What About Honda Pilot Insurance Costs?

The average cost to insure a Honda Pilot is about $1,469 per year. This adds up to around $7,345 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 Pilot. 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

The Best Model Years to Buy a Honda Pilot

The 2020 Honda Pilot is our top pick for the best model year value for the Pilot. With the 2020, you would only pay, on average, 76% of the price as new, with 92% of the vehicle's useful life remaining. The 2019 and 2017 model years are also attractive years for the Pilot, and provide a relatively good value. Our rankings consider multiple factors, including the Pilot'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 Pilot models.

Honda Pilot Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2021 $46,498 $46,498 $276 $0 0% 100%
2020 $44,494 $33,965 $317 $12,533 26.95% 75.62% Best
2019 $40,486 $29,960 $382 $4,005 11.79% 74% Better
2018 $37,201 $26,785 $486 $3,175 10.6% 72%
2017 $39,964 $26,614 $573 $171 0.64% 65.16% Better
2016 $36,901 $22,031 $709 $4,583 17.22% 57.78% Good
2015 $33,912 $17,969 $986 $4,062 18.44% 50.08% Good
2014 $32,721 $16,226 $1,096 $1,743 9.7% 46.24%
2013 $33,877 $14,546 $1,198 $1,680 10.35% 39.4%
2012 $33,304 $11,776 $1,350 $2,770 19.04% 31.31%
2011 $32,871 $11,313 $1,369 $463 3.93% 30.25%
2010 $32,466 $8,870 $1,532 $2,443 21.59% 22.6%
2009 $32,300 $8,766 $1,768 $104 1.17% 21.67%
Year Price % Paid Value Rank
2021 $46,498 100%
2020 $33,965 75.62% Best
2019 $29,960 74% Better
2018 $26,785 72%
2017 $26,614 65.16% Better
2016 $22,031 57.78% Good
2015 $17,969 50.08% Good
2014 $16,226 46.24%
2013 $14,546 39.4%
2012 $11,776 31.31%
2011 $11,313 30.25%
2010 $8,870 22.6%
2009 $8,766 21.67%

Honda Pilot Depreciation Rankings

Depreciation Rankings

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

Depreciation Rankings

Other Honda Pilot 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 Pilot 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: