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%

Other Honda Ridgeline 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 Ridgeline 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: