Honda Ridgeline Depreciation

A Honda Ridgeline will depreciate 59% after 5 years and have a 5 year resale value of $17,314.

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, and assumes a purchase price of $42,178 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Honda Ridgeline Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,507 77.46% $32,671 13,500 2021
2 $13,003 69.17% $29,175 27,000 2022
3 $15,395 63.50% $26,783 40,500 2023
4 $21,279 49.55% $20,899 54,000 2024
5 $24,864 41.05% $17,314 67,500 2025
6 $26,522 37.12% $15,656 81,000 2026
7 $28,398 32.67% $13,780 94,500 2027
8 $29,221 30.72% $12,957 108,000 2028
9 $30,744 27.11% $11,434 121,500 2029
10 $33,375 20.87% $8,803 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $9,507 77.46% $32,671
2 $13,003 69.17% $29,175
3 $15,395 63.50% $26,783
4 $21,279 49.55% $20,899
5 $24,864 41.05% $17,314
6 $26,522 37.12% $15,656
7 $28,398 32.67% $13,780
8 $29,221 30.72% $12,957
9 $30,744 27.11% $11,434
10 $33,375 20.87% $8,803

Honda Ridgeline Depreciation Calculator

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If you purchase a used Honda Ridgeline that is 2 years old, then you could save $13,003 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 $11,861. 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, 77% 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 $222 $0 0% 100%
2019 $41,934 $32,747 $267 $9,431 22.36% 77.46% Best
2018 $41,714 $29,203 $351 $3,544 10.82% 69.17% Better
2017 $41,463 $26,805 $478 $2,398 8.21% 63.5% Better
2014 $38,856 $20,294 $1,040 $6,511 24.29% 49.55% Good
2013 $38,731 $17,087 $1,187 $3,207 15.8% 41.05% Good
2012 $38,631 $15,623 $1,284 $1,464 8.57% 37.12%
2011 $37,431 $13,706 $1,478 $1,917 12.27% 32.67%
2010 $35,998 $12,578 $1,520 $1,128 8.23% 30.72%
2009 $35,748 $11,446 $1,753 $1,132 9% 27.11%
2008 $33,722 $9,121 $2,082 $2,325 20.31% 20.87%
Year Price % Paid Value Rank
2020 $42,178 100%
2019 $32,747 77.46% Best
2018 $29,203 69.17% Better
2017 $26,805 63.5% Better
2014 $20,294 49.55% Good
2013 $17,087 41.05% Good
2012 $15,623 37.12%
2011 $13,706 32.67%
2010 $12,578 30.72%
2009 $11,446 27.11%
2008 $9,121 20.87%
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 April 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.