Are you looking to buy (or sell) a Honda Accord in Minneapolis? Vehiclus studied the local used car market of all towns in United States to determine a pricing profile of various Honda models depending on their age, technical condition, optical condition, and mileage. In order to optimize your earnings when selling your Accord (or to be certain to not be overcharged when purchasing a Honda Accord) it is useful to know all price-determining factors.
Minneapolis is a city with currently 410939 inhabitants. Nevertheless, there are usually not many Honda Accord for sale on the market. Therefore, the supply is low and the demand depends on various of parameters for example car model reputation, mileage, and reliability.
As seen below, cars of the manufacturer Honda and especially of the model Accord depreciate in a very normal manner. The average asking price of the Accord will be lowered by up to 14% ($19,124) after only one year. After 3 years, the car usually goes for only 60% of its initial selling price ($13,844) while it will only be worth 27% of the original price after 7 years ($6,303). The Accord's value after twelve years is only 11% of its first price depending on its condition of course.
Another way to describe vehicle depreciation is to examine the loss of value vs miles driven. The Honda Accord depreciation curve below shows this phenomenon for Minneapolis. The Accord looses most of its resell price (approximately 47%) within the first 30k km of its mileage. The average price for a Accord at that usage level is approximately $12,204. After that the devaluation slows down: at 90k kilometers the Honda Accord is valued for $7,148 in Minneapolis and for $3,625 at 180k km of mileage.
The last value that heavily determines the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Honda Accord according to its year and its condition.
Vehicle Year | Honda Accord Condition | ||
---|---|---|---|
fair | good | excellent | |
2017 | $13,360 | $17,752 | $22,144 |
2016 | $11,749 | $15,611 | $19,474 |
2015 | $10,252 | $13,622 | $16,992 |
2014 | $8,869 | $11,785 | $14,701 |
2013 | $7,601 | $10,099 | $12,598 |
2012 | $6,447 | $8,566 | $10,685 |
2011 | $5,407 | $7,184 | $8,962 |
2010 | $4,481 | $5,954 | $7,427 |
2009 | $3,670 | $4,876 | $6,083 |
2008 | $2,973 | $3,950 | $4,927 |
2007 | $2,390 | $3,176 | $3,961 |
2006 | $1,921 | $2,553 | $3,185 |
2005 | $1,567 | $2,082 | $2,598 |
2004 | $1,327 | $1,764 | $2,200 |
2003 | $1,201 | $1,597 | $1,992 |
2002 | $1,190 | $1,581 | $1,973 |
Honda Accord variations: |
---|
ACCORD 2.4i Executive |
ACCORD COUPE 3.0 V6 |
ACCORD 2.2 i-DTEC Executive Innova AT |
ACCORD 5P 1.8i LS BVA |
ACCORD 5P 1.8i LS |
ACCORD 2.2 i-DTEC Elegance |
ACCORD 2.2i CTDi Executive |
ACCORD 2.4i Executive AT |
ACCORD 2.2 i-DTEC Executive / Luxury |
ACCORD TOURER 2.4i Executive AT |
ACCORD 2.4 i-VTEC Luxury Innova AT |
ACCORD TOURER 2.2 i-DTEC Luxury Innova/Innova Pack |
ACCORD TOURER 2.0 i-VTEC Elegance |
ACCORD 2.2 i-DTEC Executive |
ACCORD TOURER 2.2i CTDi Sport /Executive |
ACCORD TOURER 2.4i Executive |
ACCORD TOURER 2.2 i-DTEC Exécutive AT |
ACCORD TOURER 2.2 i-DTEC Executive / Luxury |
ACCORD TOURER 2.2 i-DTEC Elegance |
ACCORD TOURER 2.2 i-DTEC Exécutive Innova AT/Luxury AT |
ACCORD TOURER 2.0i Sport BVA |
ACCORD 2.2 i-DTEC Innova |
ACCORD TOURER 2.2 i-DTEC Luxury |
ACCORD TOURER 2.4 i-VTEC Luxury Innova AT |
ACCORD TOURER 2.0i Sport |
ACCORD 2.0i Sport |
ACCORD TOURER 2.2 i-DTEC |
ACCORD TOURER 2.4 i-VTEC Luxury AT |
ACCORD 4P 1.8i LS |
ACCORD COUPE 2.0i ES |
ACCORD 2.0i Sport Navi |
ACCORD 2.0 i-VTEC Elegance |
ACCORD 2.2i CTDi Sport Navi/Executive |
ACCORD 2.2 i-DTEC Luxury |
ACCORD 2.2 i-DTEC Luxury AT |
ACCORD TOURER 2.2i CTDi Sport Navi/Executive |
ACCORD 2.2 i-DTEC Executive AT |
ACCORD TOURER 2.2 i-DTEC Luxury / Innova AT |
ACCORD 4P 2.3i ES |
ACCORD 2.2 i-DTEC Innova AT |
ACCORD TOURER 2.2 i-DTEC Executive / Luxury AT |
ACCORD 2.2i CTDi Sport |
ACCORD TOURER 2.4i Executive BVA |
ACCORD TOURER 2.2 i-DTEC Innova |
ACCORD 2.4i Executive BVA |
ACCORD TOURER 2.0i Comfort |
ACCORD 2.0i Comfort |
ACCORD 2.0i Sport BVA |
ACCORD 2.2 i-DTEC Innova Pack/Luxury Innova |
ACCORD 2.4 i-VTEC Luxury AT |
ACCORD TOURER 2.2 i-DTEC Luxury Innova AT |
ACCORD 4P TYPE R |