Resale Value of Honda City
The Honda City generally holds a good resale value due to its reputation for reliability, premium quality interiors, and driving dynamics. Additionally, the availability of spares and a 3-year/unlimited warranty pack for newer models contribute to its resale value.
In the Indian market, the Honda City has always set the benchmark when it comes to refinement and premium quality interiors. With the latest generational update, features too have become a mainstay of this sedan. The Honda City has also always been known for its driving dynamics, and this continues to be the case today as well.
The starting price of a second-hand Honda City varies across different cities, with prices ranging from Rs. 1 Lakh to Rs. 3.61 Lakh in different locations such as Coimbatore and Bangalore. Some used Honda City cars come with a 7-day money back guarantee, 167 points certification check, and a 15000km comprehensive warranty, which can further enhance their resale value ,, ,.
It’s worth noting that the prices for used fifth-gen Honda Citys are still quite high due to their relatively new status, slow depreciation, and the car’s reputation for reliability.
In conclusion, the Honda City generally has a good resale value, especially for newer models, due to its reliability, premium quality interiors, and driving dynamics. However, the specific resale value can vary based on factors such as the model year, condition, and location.
Contents
- Which Honda depreciates the least?
- Does Honda have a good resale value?
- What car brand doesn’t lose value?
- What is the life of Honda City car?
- What is high mileage Honda City?
- Do Hondas last longer than Toyotas?
- Which car brand has the best resale value?
- What is the #1 most depreciating car?
- What is the best car brand for resale?
- Which has better resale Honda or Toyota?
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.
Does Honda have a good resale value?
Though almost all cars experience depreciation to some extent, the Honda resale value is strong. In the future, when you trade in your Honda model for a different vehicle, you’ll save money on your new car due to the high value of your old Honda model.
What car brand doesn’t lose value?
Porsche is Still (Almost) Perfect After Five Years
Rank | Model | Average 5-Yr Depreciation |
---|---|---|
1 | Porsche 911 (Coupe) | 9% |
2 | Porsche 718 Cayman | 18% |
3 | Toyota Tacoma | 20% |
4 | Jeep Wrangler | 21% |
What is the life of Honda City car?
These maintenance practices are essential for keeping the engine in good condition, preventing unnecessary wear and tear, and ensuring the vehicle’s longevity. When properly maintained, Honda City variants can typically reach or exceed 200,000 kilometers (2 lakh km) of use.
What is high mileage Honda City?
City Mileage (Variants)
Variant | Mileage |
---|---|
City Elegant Edition CVT1498 cc, Automatic, Petrol, ₹ 13.94 Lakh* | 18.4 kmpl |
City ZX1498 cc, Manual, Petrol, ₹ 14.94 Lakh* | 17.8 kmpl |
City VX CVT1498 cc, Automatic, Petrol, ₹ 14.96 Lakh* | 18.4 kmpl |
City ZX CVT(Top Model)1498 cc, Automatic, Petrol, ₹ 16.19 Lakh* | 18.4 kmpl |
Do Hondas last longer than Toyotas?
Toyota Is The Most Reliable Car Brand
According to the 2023 Consumer Reports highest reliable brands, Toyota is the number one most reliable brand, while Honda is a few step below at number five. According to the same report, the most reliable vehicle was the Toyota Corolla Hybrid.
Which car brand has the best resale value?
Top 10 car makes for holding their value [1]
- Honda.
- BMW.
- Volvo.
- Mercedes.
- Audi.
- Dacia.
- Lexus. Lexus comes in next, known for crafting high-quality vehicles with advanced technology and reliability.
- Jaguar. Taking the 10th spot is Jaguar, renowned for their luxurious design and powerful performance.
What is the #1 most depreciating car?
Maserati Quattroporte
Leading the pack is the Maserati Quattroporte, which astonishingly loses nearly two-thirds of its value after five years. Introduced in 1963, the Quattroporte is Maserati’s flagship, boasting a high-performance Ferrari-made V6 or V8 engine.
What is the best car brand for resale?
Best Brands for Resale Value After 5 Years
- Subaru. Subaru ranks first (#1) in retained value after 3, 5 and 7 years of ownership.
- Mazda. Mazda’s resale values have improved, relative to their peers, and their rankings have climbed to the Top 5 range at all three time intervals.
- Ram.
- Volkswagen.
- Honda.
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.