Honda Pilot Depreciation
A Honda Pilot will depreciate 27% after 5 years and have a 5 year resale value of $32,882.
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 $45,001 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.
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Honda Pilot Depreciation
| Years Old | Depreciation | Residual Value | Resale Value | Mileage | Resale Year |
|---|---|---|---|---|---|
| 1 | $3,033 | 93.26% | $41,968 | 12,000 | 2022 |
| 2 | $5,832 | 87.04% | $39,169 | 24,000 | 2023 |
| 3 | $5,904 | 86.88% | $39,097 | 36,000 | 2024 |
| 4 | $6,323 | 85.95% | $38,678 | 48,000 | 2025 |
| 5 | $12,119 | 73.07% | $32,882 | 60,000 | 2026 |
| 6 | $14,625 | 67.50% | $30,376 | 72,000 | 2027 |
| 7 | $19,067 | 57.63% | $25,934 | 84,000 | 2028 |
| 8 | $21,758 | 51.65% | $23,243 | 96,000 | 2029 |
| 9 | $24,332 | 45.93% | $20,669 | 108,000 | 2030 |
| 10 | $26,830 | 40.38% | $18,171 | 120,000 | 2031 |
Honda Pilot Depreciation
| Years Old | Depreciation | Residual Value | Resale Value |
|---|---|---|---|
| 1 | $3,033 | 93.26% | $41,968 |
| 2 | $5,832 | 87.04% | $39,169 |
| 3 | $5,904 | 86.88% | $39,097 |
| 4 | $6,323 | 85.95% | $38,678 |
| 5 | $12,119 | 73.07% | $32,882 |
| 6 | $14,625 | 67.50% | $30,376 |
| 7 | $19,067 | 57.63% | $25,934 |
| 8 | $21,758 | 51.65% | $23,243 |
| 9 | $24,332 | 45.93% | $20,669 |
| 10 | $26,830 | 40.38% | $18,171 |
Buying a Honda Pilot New vs Used
If you purchase a used Honda Pilot that is 2 years old, then you could save $5,832 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 $6,287. 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 $1,566 per year. This adds up to around $7,830 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 2022 Honda Pilot is our top pick for the best model year value for the Pilot. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2020 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.
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Honda Pilot Historical Depreciation
| Year | New Price | Current Price | Maintenance | $ Decline | % Decline | % Paid | Value Rating |
|---|---|---|---|---|---|---|---|
| 2022 | $45,001 | $45,001 | $273 | $0 | 0% | 100% | Best |
| 2021 | $44,897 | $42,184 | $314 | $2,817 | 6.26% | 93.26% | Better |
| 2020 | $44,494 | $39,106 | $379 | $3,078 | 7.3% | 87.04% | Better |
| 2019 | $40,486 | $35,658 | $483 | $3,448 | 8.82% | 86.88% | Good |
| 2018 | $37,201 | $32,546 | $570 | $3,112 | 8.73% | 85.95% | |
| 2017 | $39,964 | $29,909 | $706 | $2,637 | 8.1% | 73.07% | Good |
| 2016 | $36,901 | $25,892 | $983 | $4,017 | 13.43% | 67.5% | |
| 2015 | $33,912 | $20,635 | $1,093 | $5,257 | 20.3% | 57.63% | |
| 2014 | $32,721 | $18,097 | $1,195 | $2,538 | 12.3% | 51.65% | |
| 2013 | $33,877 | $16,906 | $1,347 | $1,191 | 6.58% | 45.93% | |
| 2012 | $33,304 | $14,813 | $1,366 | $2,093 | 12.38% | 40.38% | |
| 2011 | $32,871 | $13,045 | $1,529 | $1,768 | 11.94% | 35.03% | |
| 2010 | $32,466 | $11,793 | $1,765 | $1,252 | 9.6% | 30.89% |
| Year | Price | % Paid | Value Rank |
|---|---|---|---|
| 2022 | $45,001 | 100% | Best |
| 2021 | $42,184 | 93.26% | Better |
| 2020 | $39,106 | 87.04% | Better |
| 2019 | $35,658 | 86.88% | Good |
| 2018 | $32,546 | 85.95% | |
| 2017 | $29,909 | 73.07% | Good |
| 2016 | $25,892 | 67.5% | |
| 2015 | $20,635 | 57.63% | |
| 2014 | $18,097 | 51.65% | |
| 2013 | $16,906 | 45.93% | |
| 2012 | $14,813 | 40.38% | |
| 2011 | $13,045 | 35.03% | |
| 2010 | $11,793 | 30.89% |
Honda Pilot 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.
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: