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Honda Accord | Depreciation Rate & Curve
Honda Accord 5 Year Depreciation Rate
A 2020 Honda Accord has a forecasted 5 year depreciation rate of 45%.
In 5 years its value is expected to decrease approximately $13,890 from its new price of around $30,867 down to $16,977.
| Make & Model | Honda Accord |
|---|---|
| Initial MSRP | $30,867 |
| Forecasted Depreciation Rate | 45% |
| Forecasted Value Change In 5 Years | $13,890 |
| Residual Value In 5 Years | $16,977 |
Honda Accord Depreciation Curve
Current Retained Value Percentage VS. Model Year
Gaps in data could indicate no model released for that year.Check Out Our Car Depreciation Calculator!
Get a custom depreciation graph of a Honda Accord based on model year and mileage driven!
The American average is 12,000 miles driven per year.
Honda Accord Historical Depreciation Table
Below is a historical table for the Honda Accord that displays year by year depreciation data.
| Model Year | Price When New | (%) Current Depreciation | ($) Current Depreciation | Current Residual Value |
|---|---|---|---|---|
| 2020 | $30,867 | 18% | $5,485 | $25,382 |
| 2019 | $30,915 | 28% | $8,653 | $22,262 |
| 2018 | $31,664 | 44% | $14,001 | $17,663 |
| 2017 | $28,584 | 30% | $8,543 | $20,041 |
| 2016 | $27,429 | 35% | $9,711 | $17,718 |
| 2015 | $28,874 | 45% | $12,999 | $15,875 |
| 2014 | $28,724 | 50% | $14,421 | $14,303 |
| 2013 | $28,276 | 54% | $15,302 | $12,974 |
| 2012 | $25,865 | 65% | $16,813 | $9,052 |
| 2011 | $26,371 | 68% | $18,059 | $8,312 |
| 2010 | $26,420 | 72% | $18,989 | $7,431 |
| 2009 | $26,341 | 74% | $19,577 | $6,764 |
| 2008 | $25,598 | 76% | $19,417 | $6,181 |
| 2007 | $25,496 | 79% | $20,240 | $5,256 |
| 2006 | $25,441 | 81% | $20,573 | $4,868 |
| 2005 | $23,731 | 81% | $19,203 | $4,528 |
| 2004 | $22,957 | 83% | $18,975 | $3,982 |
| 2003 | $22,800 | 84% | $19,060 | $3,740 |
| 2002 | $20,504 | 83% | $17,104 | $3,400 |
| 2001 | $19,962 | 85% | $16,974 | $2,988 |
| 2000 | $20,989 | 75% | $15,760 | $5,229 |
| 1999 | $20,888 | 76% | $15,800 | $5,088 |
| 1998 | $20,780 | 76% | $15,792 | $4,988 |
| 1997 | $20,134 | 79% | $15,812 | $4,322 |
| 1996 | $19,859 | 80% | $15,802 | $4,057 |
| 1995 | $20,308 | 82% | $16,716 | $3,592 |
| 1994 | $18,420 | 78% | $14,297 | $4,123 |
| 1993 | $18,291 | 78% | $14,205 | $4,086 |
| 1992 | $17,068 | 76% | $12,934 | $4,134 |
| 1991 | $16,410 | 76% | $12,414 | $3,996 |
| 1990 | $15,170 | 79% | $11,920 | $3,250 |
| 1989 | $14,936 | 79% | $11,743 | $3,193 |
Forecasted "5 Year Depreciation" Of A 2020 Honda Accord Vs. Comparables
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