Honda Ridgeline Depreciation

A Honda Ridgeline will depreciate 57% after 5 years and have a 5 year resale value of $18,272.

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 $42,178 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 Ridgeline.

Honda Ridgeline Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,001 81.03% $34,177 13,500 2021
2 $10,937 74.07% $31,241 27,000 2022
3 $13,370 68.30% $28,808 40,500 2023
4 $20,709 50.90% $21,469 54,000 2024
5 $23,906 43.32% $18,272 67,500 2025
6 $25,977 38.41% $16,201 81,000 2026
7 $27,382 35.08% $14,796 94,500 2027
8 $28,749 31.84% $13,429 108,000 2028
9 $30,267 28.24% $11,911 121,500 2029
10 $32,827 22.17% $9,351 135,000 2030

Honda Ridgeline Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,001 81.03% $34,177
2 $10,937 74.07% $31,241
3 $13,370 68.30% $28,808
4 $20,709 50.90% $21,469
5 $23,906 43.32% $18,272
6 $25,977 38.41% $16,201
7 $27,382 35.08% $14,796
8 $28,749 31.84% $13,429
9 $30,267 28.24% $11,911
10 $32,827 22.17% $9,351

Honda Ridgeline Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Honda Ridgeline that is 2 years old, then you could save $10,937 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 $12,969. 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 Ridgeline models become available.

The Best Model Years to Buy a Honda Ridgeline

The 2019 Honda Ridgeline is our top pick for the best model year value for the Ridgeline. With the 2019, you would only pay, on average, 81% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 model years are also attractive years for the Ridgeline, and provide a relatively good value. Our rankings consider multiple factors, including the Ridgeline'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 Ridgeline models.

Honda Ridgeline Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $42,178 $42,178 $307 $0 0% 100% Good
2019 $41,934 $34,330 $351 $7,848 18.61% 81.03% Best
2018 $41,714 $31,333 $435 $2,997 8.73% 74.07% Better
2017 $41,463 $28,883 $562 $2,450 7.82% 68.3% Better
2014 $38,856 $20,901 $1,124 $7,982 27.64% 50.9% Good
2013 $38,731 $18,049 $1,271 $2,852 13.65% 43.32%
2012 $38,631 $16,205 $1,368 $1,844 10.22% 38.41%
2011 $37,431 $14,693 $1,562 $1,512 9.33% 35.08%
2010 $35,998 $13,067 $1,604 $1,626 11.07% 31.84%
2009 $35,748 $11,932 $1,837 $1,135 8.69% 28.24%
2008 $33,722 $9,642 $2,167 $2,290 19.19% 22.17%
Year Price % Paid Value Rank
2020 $42,178 100% Good
2019 $34,330 81.03% Best
2018 $31,333 74.07% Better
2017 $28,883 68.3% Better
2014 $20,901 50.9% Good
2013 $18,049 43.32%
2012 $16,205 38.41%
2011 $14,693 35.08%
2010 $13,067 31.84%
2009 $11,932 28.24%
2008 $9,642 22.17%

Considering financing? Try our Honda Ridgeline 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 Ridgeline Review

Honda Ridgeline Photos

Our Favorite Honda Ridgeline 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.