Here’s How Much a 2021 Honda Accord Has Lost in Value So Far

Honda’s reputation for strong resale value holds true with the 2021 Accord, which has proven remarkably resilient against depreciation. According to Kelley Blue Book (KBB), the base LX trim retains 76% of its original value after five years, far outpacing the average new car’s 55% depreciation over the same period.

With an original MSRP of $25,985, the 2021 Accord LX now commands a resale value of $19,750, per KBB’s data. The top-tier Touring trim, packing 252 horsepower and paired with a 10-speed automatic, has depreciated the most at 37.5%, leaving its resale value around $23,700.

Other trims show varying levels of depreciation: Sport at 30.6%, Sport SE at 33.3%, and EX-L at 36.2%. The LX’s 192-horsepower 1.5-liter turbocharged inline-4 with a CVT is the depreciation king, while higher trims use a 2.0-liter turbocharged inline-4 with a 10-speed automatic. iSeeCars estimates the Accord’s overall depreciation at just over 30%, while CarEdge pegs it at 36.3%, though these figures account for all trims.

Compared to rivals, the 2021 Accord crushes the competition. KBB’s data shows the base Toyota Camry LE trim depreciated 32.4%, while the Hyundai Sonata SE’s base trim lost a staggering 44% of its value.

The Accord’s value retention earned it accolades, including KBB’s 2021 Best Buy Award, U.S. News & World Report’s top spot in Affordable Midsize Cars, and a place on Car and Driver’s 10Best list.

The praise underscores why the 2021 Accord, like many Hondas, remains a standout in holding its value.