A Closer Look at Hondas Price, Depreciation, and Value

Cheryl B
Feb 28, 2021

Honda Models Lineup

Honda vehicles are a favorite of many. For 2017 through 2020, J.D. Power named Honda as its Performance Award Winner. This award is given to manufacturers with the highest owner ratings for performance and design after the first 90 days of ownership.

Do Honda vehicles hold their value?

For the most part, Honda does a fair job of holding values for each model. The average depreciation across Honda’s lineup is about 30 percent.

If you don’t know what type of vehicle you want and are open to a sedan, crossover, SUV, pickup, or even a hybrid, you can locate the model of your choice with the lowest depreciation and highest value.

Honda Models

Honda has several vehicles in its lineup, and the 11 main models all depreciate better than most. They are also affordable.

Honda CR-V Crossover

  • Starting MSRP: $25,350
  • 10-Year Retail: $8,545
  • Depreciation: 33.71%

Engine: The base model LX features a 1.5L turbocharged engine that makes 190 horsepower and 179 lb-ft. The engine is backed by a front-wheel-drive continuously variable transmission (CVT).

Comfort: The base model has several comfort features, including automatic climate control and six-way manually adjustable front seats.

Safety: Safety features in the base LX model include adaptive cruise control, forward collision warning, road departure mitigation, automatic emergency braking, lane departure warning, lane keep assist, a rearview camera, and automatic high beam headlights. Optional equipment includes front and rear parking sensors, rain-sensing wipers, blind-spot monitoring, and rear cross-traffic alert.

Entertainment: The LX base model’s entertainment features include a 5-inch audio display, a USB port, and a four-speaker stereo system.

Honda Fit Hatchback

  • Starting MSRP: $16,190
  • 10-Year Retail: $5,265
  • Depreciation: 32.5%

Engine: All models come with the 1.5L four-cylinder engine. If the model you choose has a manual six-speed transmission, the engine makes 130 horsepower and 114 lb-ft. If the model you choose has the CVT, the engine puts out 128 horsepower and 113 lb-ft.

Comfort: The Fit features many soft-touch materials but has some hard plastic material in the cabin.

The cloth seats are comfortable, and the base model features a rear Magic Seat.

Safety: The base LX model features a rearview camera.

Entertainment: You’ll find Bluetooth, a USB port, and a four-speaker stereo system in the base LX model.

Honda Civic

  • Starting MSRP: $21,050
  • 10-Year Retail: $6,740
  • Depreciation: 32.02%

Engine: The base LX model features a 2.0L engine that makes 158 horsepower. The EX, EX-L, and Touring trims feature a 1.5L turbocharged engine that makes 174 horsepower. Both engines are backed by a CVT, but you can opt for a six-speed manual transmission.

Comfort: Features in the base LX model include cloth upholstery and automatic climate control.

Safety: The safety features in the LX base model include automatic emergency braking, collision mitigation braking, forward collision warning, lane departure warning, lane keeping assist, road departure mitigation, automatic high-beam headlights, and adaptive cruise control.

Entertainment: You’ll find a 5-inch display, a USB port, a four-speaker stereo system, and Bluetooth in the base LX model.

Honda Accord

  • Starting MSRP: $27,850
  • 10-Year Retail: $8,227
  • Depreciation: 29.54%

Engine: The standard engine in all trim levels except the Touring is the 1.5-liter turbocharged four-cylinder engine. Backed by a CVT, the engine makes 192 horsepower and 192 pound-feet of torque.

The Touring trim level features the 2.0L turbocharged four-cylinder that makes 252 horsepower and 273 lb-ft. The Touring also features a 10-speed automatic transmission.

You can opt for the 2.0-liter engine in the EX-L and Sport trims.

Comfort: The base LX features cloth upholstery and dual-zone automatic climate control.

Safety: You’ll find plenty of safety features in the Honda Sensing Suite included in the LX base model.

The suite includes lane keep assist, a rearview camera, adaptive cruise control, lane departure warning, collision mitigation, and more.

Entertainment: The entertainment features in the base LX include Bluetooth, a USB port, a 7-inch display, and a four-speaker stereo.

Honda Passport SUV

  • Starting MSRP: $32,590
  • 10-Year Retail: $9,523
  • Depreciation: 29.22%

Engine: Every trim level features a 3.5L V6 engine that makes 280 horsepower and 262 lb-ft. The engine is backed by a nine-speed automatic transmission.

Comfort: You’ll find several comfort features in the Passport, including tri-zone automatic climate control and remote start.

Safety: Your family will stay safe in the Honda Passport. The Sport base model includes the Honda Sensing Suite of safety features, including lane departure warning, a rearview camera, forward collision warning, and more.

Entertainment: The entertainment features in the Sport base model include a USB port, a seven-speaker stereo system, Bluetooth, Android Auto, Apple CarPlay, and an 8-inch touchscreen.

Honda HR-V Crossover

  • Starting MSRP: $21,020
  • 10-Year Retail: $4,142
  • Depreciation: 29.22%

Engine: The only engine available for the HR-V is the 1.8-liter four-cylinder engine that makes 141 horses and 127 pound-feet of torque. A CVT backs the engine.

Comfort: The base model LX features a rear Magic Seat and cloth upholstery. Leather is available for all models.

Safety: The Honda HR-V is a little light on standard safety features. It has a rearview camera. Additional features, such as road departure mitigation, lane departure warning, front and rear parking sensors, and more, are optional.

Entertainment: You’ll find plenty of entertainment features in the base model LX, including a 5-inch infotainment display, a USB port, a four-speaker stereo system, and Bluetooth.

Honda Insight Hybrid

  • Starting MSRP: $22,930
  • 10-Year Retail: $6,365
  • Depreciation: 27.76%

Engine: The Honda Insight hybrid features a 1.5L four-cylinder engine that backs up an electric motor. Both make 151 horsepower combined. The engine and motor are backed by a one-speed front-wheel drive transmission.

Comfort: The base model Insight is light on comfort features. In fact, most people opt for the next trim level. Comfort features include cup holders, electric power steering, and illuminated vanity mirrors.

Safety: Safety features on the Insight include road departure mitigation, driver drowsiness monitoring, automatic emergency braking, forward collision warning, adaptive cruise control, and more.

Entertainment: You’ll find plenty of entertainment features in the base model LX, including six speakers, Bluetooth, a 5-inch LCD screen, and a USB port.

Honda Clarity

  • Starting MSRP: $33,400
  • 10-Year Retail: $9,272
  • Depreciation: 27.76%

Engine: The Honda Clarity features a four-cylinder gas engine, a lithium-ion battery pack, and two electric motors. Combined, the powertrain puts out 212 horsepower. The powertrain is backed by a one-speed automatic transmission.

Comfort: The base model Clarity’s comfort features include heated front seats, dual-zone automatic climate control, and proximity keyless entry.

Safety: The base Clarity features Honda Sensing, including collision mitigation braking and forward-collision warning. Add rear parking sensors for $538.

Entertainment: Enjoy Apple CarPlay, Android Auto, HD radio, Bluetooth, an eight-speaker stereo system, two USB ports, and an 8-inch touchscreen.

Honda Pilot SUV

  • Starting MSRP: $32,250
  • 10-Year Retail: $8,814
  • Depreciation: 27.33%

Engine: The Honda Pilot features a 3.5-liter V-6 engine backed by a nine-speed automatic transmission.

Comfort: The interior features cloth upholstery, push-button start, and tri-zone automatic climate control in the base LX trim level.

Safety: Standard safety features include forward collision warning, road departure mitigation, a rearview camera, forward collision warning, and mitigation braking, adaptive cruise control, lane keeping assist, and automatic high-beam headlights.

Entertainment: You’ll find plenty of entertainment features in the Pilot, including a 5-inch display, Bluetooth, a seven-speaker stereo system, and two USB ports.

Honda Ridgeline Truck

  • Starting MSRP: $33,900
  • 10-Year Retail: $7,600
  • Depreciation: 22.42%

Engine: The Ridgeline comes with a 3.5L V6 engine backed by a nine-speed automatic transmission. This combination puts out 280 horsepower and 262 lb-ft.

Comfort: The base Ridgeline Sport’s comfort features include push-button start and tri-zone automatic climate control.

Safety: The base model Sport includes several safety features, including forward collision warning, lane keeping assist, a rearview camera, automatic emergency braking, road departure mitigation, lane departure warning, and adaptive cruise control.

Entertainment: The Sport’s entertainment features include an 8-inch touchscreen, Apple CarPlay, Android Auto, two USB ports, and Bluetooth.

Honda Odyssey Minivan

  • Starting MSRP: $31,790
  • 10-Year Retail: $6,873
  • Depreciation: 21.62%

Engine: The Honda Odyssey features a V6 engine that makes 280 horsepower. A 10-speed automatic transmission transfers power to the front wheels.

Comfort: The base trim level LX features an eight-way power-adjustable driver’s seat and a four-way power-adjustable front passenger seat, plus cloth upholstery.

Safety: Safety features in the base LX model Odyssey minivan include automatic emergency braking, lane departure warning, traffic sign recognition, lane keeping assist, a rear-seat reminder, forward collision warning, a rearview camera and more.

Entertainment: The Odyssey LX’s entertainment system includes a 5-inch audio display screen, Bluetooth, a seven-speaker stereo system, and two USB ports.

Buying a Used Car? Visit Vehicle History First

Before you make a costly mistake by buying something that significantly depreciates, visit Vehicle History to research your next purchase, whether you are buying new or used. We partner with trusted names such as KBB, the NHTSA, and J.D. Power to provide you with a no-cost tool you can use anywhere.

avatar Cheryl B
Cheryl and her husband owned a repair shop from 1994 until he retired in 2007. She also worked as a paralegal and writer since 2004. She uses her management skills, automotive experience, and paralegal experience to write for several publications.
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