How well do Honda ridgelines hold their value?

Asked by Myra Parsons

A Honda Ridgeline will depreciate 55% after 5 years and have a 5 year resale value of $19,098. The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 12,000 miles per year. It also assumes a selling price of $42,300 when new.

Paul Gardner, BA Contributor
Paul Gardner
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