Do Honda Civic hold their value?

Do Honda Civics hold their value?
Honda Civics are known for holding their value well over time. They have a reputation for being reliable, having a strong maintenance record, and being problem-free vehicles. According to a depreciation calculator, a Honda Civic is expected to depreciate around 16% after 5 years, with a 5-year resale value of $24,353. Honda vehicles, in general, tend to retain their value over time, making them popular choices as used cars. Honda has also received recognition for its vehicles’ long-term value, with the Honda Accord and Honda Civic receiving Kelley Blue Book Best Resale Value Awards. Additionally, Honda has consistently held over 50% of its value over time, making its vehicles a great investment. Overall, Honda Civics are known for holding their value well, making them a reliable choice for buyers.

Do Honda cars retain their value?

Though some other brands might offer cheaper models, Hondas typically retain a lot of their value. So, when you go to resell the car in the future, you won’t lose out on the money you spent buying the vehicle, as you should get a decent trade-in price.

Which Honda depreciates the least?

The Honda Civic and CR-V lead Honda’s vehicle lineup in holding their resale value. For value-conscience shoppers looking for a tried and true vehicle line that won’t disappoint, you can’t go wrong with any Honda model, new or used. The 2021 is our top pick for the best model year value for the Honda vehicles.

What is the most bought Honda?

Honda CR-V
1. Honda CR-V. The Honda CR-V has been dominant this year by becoming the most successful and best-selling Honda of 2023. Honda packed the popular SUV featuring a spacious and luxurious interior, comfortable ride, and impressive cargo capacity.

Which has better resale Honda or Toyota?

Toyota has a Higher Resale Value than Honda
According to Kelley Blue Book, the average Toyota vehicles, including its hybrid models and the rugged Tundra pickup, are expected to retain over 46 percent of their original value after its first five years of service.

How long will a Civic last?

Considering that a properly maintained Civic can potentially last 150,000 to 200,000 miles, anything below 80,000 miles is considered good mileage.

Which Honda holds its value the best?

What is the with the best resale value? The Honda Fit has the best resale value among Honda models, which retains 81.2% of its value after the first 5 years. Following the Fit is the Honda Civic with 78.1% resale value. The Honda Civic (hatchback) ranks #3 with a resale value of 77.7%.

Which car brand has best resale value?

KBB also ranks Toyota as number one for best resale value by brand. Subaru is known for producing safe, reliable vehicles and ranks very high in retained value after three, five, and even seven years of ownership.

Why is Honda Civic so popular?

Its attractive design, commitment to safety, affordability, and high resale value have solidified the Civic’s position as a favourite among car enthusiasts. If you want to experience the allure of Honda Civics, visit Fairway Honda to explore our inventory for the best deals on these remarkable vehicles.

Is it worth it to buy a Honda Civic?

Value 8.7/10
The 2024 Honda Civic has an excellent value rating for the compact car class. We determine value based on the vehicle’s estimated total cost of ownership, along with the vehicle’s MSRP for its base and top trims.

What is the best Civic year to buy used?

2020-2021 Honda Civic
The 2020 Honda Civic, for instance, is a sturdy masterpiece, combining the qualities of a family car and SUV. In addition, the car is cost-effective since it doesn’t require hefty maintenance. So, if you’re looking for a used Civic, the 2020 or 2021 versions would be your best bet.