Honda Accord depreciation: when to buy & cost to own

Estimates as of July 2026.

The Honda Accord (Sedan, ~$33,500 new) loses about 33.4% of its value in five years — it holds value better than the 41.8% market average. Its cheapest age to buy is 2 years old: held five years that's about $1,651/yr in depreciation and upkeep versus $2,550/yr buying new — keeping 35.2% more of your money.

Add taxes & registration: at ~$33,500 new, sales tax alone is about $2,345 (at 7%), but at 2 years old it's about $1,787 — roughly $558 saved in sales tax alone. Value-based registration is charged each year too. Set the rates for your state in the calculator below.

Depreciation chart: value by age

$0$20k$40kNew3y5y10y

Honda Accord depreciation chart — the graph and table show estimated resale value by age and model year, from real current used-listing prices.

AgeModel yearEst. resale valueTotal lost
New 2026 (new) $33,500 0%
1 yr 2025 $27,604 17.6%
2 yr 2024 $25,527 23.8%
3 yr 2023 $24,556 26.7%
4 yr 2022 $23,785 29%
5 yr 2021 $22,311 33.4%
7 yr 2019 $19,631 41.4%
10 yr 2016 $16,203 51.6%

What will it cost you to own?

Buy price (est.)
$25,527
Depreciation (hold)
$5,896
Maintenance (hold)
$2,360
Sales tax (one-time)
$1,787
Registration (hold)
$1,171
Total cost to own
$11,214
Per year (all-in)
$2,243
vs. buying new
$3,289/yr

All-in cost = depreciation + maintenance + sales tax + registration. The calculator opens at this car's computed best buy age; drag "Buy at (age)" to compare. Sales tax and registration vary by state — the defaults (7% tax, value-based registration) are U.S. ballparks; set 0 where they don't apply. Figures are modeled estimates. How we estimate this →

Frequently asked questions

How much does a Honda Accord depreciate?

About 33.4% over the first 5 years (market average ~41.8%): a $33,500 Honda Accord is worth roughly $22,311 at year five.

When is the best time to buy a used Honda Accord?

At about 2 years old — after the front-loaded drop, before rising upkeep. The calculator above shows the total and per-year cost for any buy-age and holding period.

When should I sell a Honda Accord?

Depreciation is steepest in year 1 — about 17.6% of the new price in that year alone. If you're selling, the biggest value hits come early: sell before the steep years to capture more, or hold past year five, where the curve flattens and each extra year costs less in lost resale value. Current estimated resale values by model year are in the table above.