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Does Honda cars have good resale value?

Does Honda cars have good resale value?

These qualities are sought after in the used car market, making Honda cars one of the most in-demand cars in India. This gives used Honda cars great resale value, which is better than most of its competitors. If properly maintained and timely serviced, Honda’s can even return 60-70\% of their value.

How well do Hondas hold value?

After the first five years of ownership, a new vehicle typically retains about 35 percent of its original manufacturer suggested retail price (MSRP). Meanwhile, Honda holds over 50 percent of its value over the same period of time, making their vehicles a great investment.

What vehicle keeps its value the best?

Here, according to iSeeCars.com, are the 10 cars that hold their value the best.

  • Jeep Wrangler. Jeep.
  • Jeep Wrangler Unlimited. Jeep.
  • Porsche 911. Porsche.
  • Toyota Tacoma. Toyota.
  • Toyota Tundra. Toyota.
  • Ford Mustang. Ford.
  • Chevrolet Corvette. Average 5-Year Depreciation: 22.7\%
  • Chevrolet Camaro. Chevrolet.
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Why is Honda resale value so low?

2 Answers: The Honda cars do not enter the resale market much as compared to the other brands but still hand to hand the price does not plumet much down. The car is treated like an organism, not like just metal, which definitely increses its age and ultimately gets a nice price off it.

Which Honda has the best resale value?

Honda was proudly awarded five Kelley Blue Book Best Resale Value Awards in 2019 for every category for every vehicle type that the brand produces including:

  • Best Resale Value: Hybrid Car, Honda Insight.
  • Best Resale Value: Compact Car, Honda Civic.
  • Best Resale Value: Subcompact SUV/Crossover, Honda HR-V.

Do Honda Civic hold their value?

A Honda Civic will depreciate 39\% after 5 years and have a 5 year resale value of $14,642. The Honda Civic has been one of the best values on the road for ages. It holds its value well, its maintenance record is stellar, and it’s pretty much a problem-free vehicle.