What is the resale value of the Accord?

[KingstonLynn]

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.

[DelJack]

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.

[McJude]

From an economic perspective, the Accord generally retains over 65% of its value after three years, dropping to around 55% after five years. Key factors include Honda's reputation for durability, fuel efficiency, and strong market demand, with base and mid-trim models holding value better. I frequently monitor the used car market and find Accords sell quickly without depreciating as rapidly as German cars. I recommend avoiding top-trim versions and uncommon colors when purchasing. Well-documented maintenance records can boost residual value by 10%, minimizing losses when trading in. The low repair costs resulting from reliability are a major plus, making it a practical and budget-friendly first car for young buyers.

[RyanFitz]

Having dealt with many second-hand transactions, I can say the Accord holds its value remarkably well. A three-year-old model still retains over 60% of its original price, and even after five years, it's worth slightly more than half. The Honda brand enjoys high trust due to fewer minor issues and lower fuel consumption, making it sell fast with steady profits. Compared to the Volkswagen Magotan, the Accord has greater demand and is more sought after in the market. Opting for simple configurations when buying new helps maintain value, and driving gently with regular maintenance ensures a good resale price. Remember, models with lower mileage and common colors are more popular, keeping the resale value stable.