Estimated value by year
New
$24,950
MSRP
1 yr
$20,210
-19%
2 yrs
$18,463
-26%
3 yrs
$16,966
-32%
5 yrs
$14,471
-42%
10 yrs
$9,481
-62%
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Full Depreciation Table — Honda HR-V
Based on base MSRP of $24,950. Actual values vary by trim, mileage, condition, and region.
| Year | Age | Depreciation | 🤝 Trade-In | 🧑 Private Sale | 🏢 Dealer Retail |
|---|---|---|---|---|---|
| 2026 (New) | 0 yrs | -0% | $21,706 | $24,950 | $27,944 |
| 2025 | 1 yr | -19% | $17,582 | $20,210 | $22,635 |
| 2024 | 2 yrs | -26% | $16,063 | $18,463 | $20,679 |
| 2023 | 3 yrs | -32% | $14,760 | $16,966 | $19,002 |
| 2022 | 4 yrs | -37% | $13,675 | $15,718 | $17,605 |
| 2021 | 5 yrs | -42% | $12,590 | $14,471 | $16,208 |
| 2020 | 6 yrs | -46% | $11,722 | $13,473 | $15,090 |
| 2019 | 7 yrs | -50% | $10,853 | $12,475 | $13,972 |
| 2018 | 8 yrs | -54% | $9,985 | $11,477 | $12,854 |
| 2017 | 9 yrs | -58% | $9,117 | $10,479 | $11,736 |
| 2016 | 10 yrs | -62% | $8,248 | $9,481 | $10,619 |
Cost per year
$1,846
avg annual loss
Sweet spot buy
2–3 yrs old
$16,966 saves $7,984
Value at 10 yrs
$9,481
62% of value gone
Key Specs — Honda HR-V
Category
SUV
Base MSRP
$24,950
5-Year Depreciation
37%
vs Category Avg
7% better than average
Expected Lifespan
150,000–200,000 miles
Best Used Buy Age
2–3 years old
Should you buy a used Honda HR-V?
The sweet spot for buying a used HR-V is 2 to 3 years old. At that age you can save approximately $7,984 off the new price while still getting a relatively modern vehicle. The steepest depreciation happens in the first 1-2 years, so letting someone else absorb that loss is a smart financial move.
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