Honda Accord depreciation: when to buy & cost to own
Estimates as of June 2026.
The Honda Accord (Car, ~$29,000 new) loses about 43% of its value in five years — it depreciates faster than the 41.8% market average. Buying at 3 years old and holding five costs about $1,234/yr in depreciation versus $2,494/yr buying new — you keep 50.5% more of your money.
Value by age
| Age | Est. value | Total lost |
|---|---|---|
| New | $29,000 | 0% |
| 1 yr | $23,463 | 19.1% |
| 2 yr | $21,146 | 27.1% |
| 3 yr | $19,363 | 33.2% |
| 5 yr | $16,530 | 43% |
| 7 yr | $14,223 | 51% |
| 10 yr | $11,310 | 61% |
What will it cost you to own?
Buy price (est.)
$19,363
Resale (est.)
$13,193
Total depreciation
$6,170
Cost per year
$1,234
vs. buying new
$2,494/yr
Depreciation only — older cars cost more to maintain, so the practical sweet spot is ~3–5 years old. Figures are modeled estimates that vary by trim, condition, and market. How we estimate this →