What is the resale value of the Accord?
2 Answers
The 5-year resale value of the Accord is around 47%. Below are the specific details about the Accord: 1. The Honda Accord is a mid-size sedan under GAC Honda, available in both gasoline and hybrid versions. It has a length, width, and height of 4893mm, 1862mm, and 1449mm respectively, with a wheelbase of 2830mm. 2. The Accord prioritizes safety performance, featuring a standard VSA system and front-seat side airbags. 3. The Accord is equipped with world-leading i-VTEC and VTEC engines. The i-VTEC engine combines Honda's VTEC (Variable Valve Timing and Lift Electronic Control) technology with VTC (Variable Timing Control) technology, which continuously adjusts the valve timing across different engine speeds. This results in strong torque output and responsive acceleration. Through the ECU (Electronic Control Unit), the opening and closing of the intake and exhaust valves are precisely controlled, optimizing the engine's combustion state. This achieves an ideal balance of high power output, low fuel consumption, and clean emissions.
The Accord holds its value quite well. Having driven Honda cars for over a decade, I feel the Accord ranks among the top in Japanese cars. Generally, a new car retains about 60% to 70% of its value after three years, and around 50% after five years. When I bought the car, I was drawn to Honda's reliability. It can run 50,000 to 60,000 kilometers without major issues, has low maintenance costs, and is fuel-efficient—these factors make it highly sought after in the used car market. It holds up just as well as the Camry in the same class, especially the hybrid version, which retains even higher value. For daily driving, sticking to regular maintenance and avoiding accidents can help fetch a better price when reselling. Overall, for family users, choosing the Accord is a cost-effective option—it holds its value steadily and is worry-free.
