Depreciation
The depreciation graph and accompanying table on our page detail how the 1991 HONDA ACCORD's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 1991 HONDA ACCORD in 1991 was $27,995.
The average price for used 1991 HONDA ACCORD nowadays in 2024 is $9,950 which is 36% from the original price.
Estimated mileage driven per year is 9,436 miles.
The graph below is a depreciation curve for 1991 HONDA ACCORD. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 1991 HONDA ACCORD in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 1991 MSRP | 0 mi | $27,995 | — | — | 100% | 0% |
| 1991 | 9,436 mi | $28,199 | −$204 | −0.73% | 100.73% | -0.73% |
| 1992 | 18,872 mi | $27,989 | +$210 | +0.74% | 99.98% | 0.02% |
| 1993 | 28,308 mi | $27,563 | +$426 | +1.52% | 98.46% | 1.54% |
| 1994 | 37,744 mi | $25,500 | +$2,063 | +7.48% | 91.09% | 8.91% |
| 1995 | 47,180 mi | $23,599 | +$1,901 | +7.45% | 84.3% | 15.7% |
| 1996 | 56,616 mi | $22,393 | +$1,206 | +5.11% | 79.99% | 20.01% |
| 1997 | 66,052 mi | $20,997 | +$1,396 | +6.23% | 75% | 25% |
| 1998 | 75,488 mi | $17,995 | +$3,002 | +14.3% | 64.28% | 35.72% |
| 1999 | 84,924 mi | $16,995 | +$1,000 | +5.56% | 60.71% | 39.29% |
| 2000 | 94,360 mi | $15,395 | +$1,600 | +9.41% | 54.99% | 45.01% |
| 2001 | 103,796 mi | $14,300 | +$1,095 | +7.11% | 51.08% | 48.92% |
| 2002 | 113,232 mi | $13,457 | +$843 | +5.9% | 48.07% | 51.93% |
| 2003 | 122,668 mi | $10,995 | +$2,462 | +18.3% | 39.27% | 60.73% |
| 2004 | 132,104 mi | $9,995 | +$1,000 | +9.1% | 35.7% | 64.3% |
| 2005 | 141,540 mi | $9,569 | +$426 | +4.26% | 34.18% | 65.82% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the HONDA ACCORD’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 1991 HONDA ACCORD. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 1991 HONDA ACCORD by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 165,000 mi | $2,995 | 13 sales |
Frequently asked questions
To minimize depreciation costs, consider purchasing a model known for retaining its value or opting for a slightly used vehicle that has already undergone initial depreciation.
The market value of a vehicle is calculated based on its historical depreciation trends, current condition, mileage, and market trends.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Depreciation directly affects the resale value of a 1991 HONDA ACCORD, with faster depreciating vehicles typically having lower resale values over time.
Keeping your vehicle for about three to five years can optimize its resale value, balancing depreciation with usage and maintenance costs.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
A CPO vehicle offers the reliability of a new car at a lower price, backed by a comprehensive warranty, making it a great option for those seeking value and peace of mind.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Other years of HONDA ACCORD
2006 HONDA ACCORD
$6,588 average used price
22,800+ sales records
2007 HONDA ACCORD
$6,995 average used price
33,400+ sales records
2008 HONDA ACCORD
$7,997 average used price
43,100+ sales records
2009 HONDA ACCORD
$8,995 average used price
51,800+ sales records
2021 HONDA ACCORD
$25,500 average used price
146,500+ sales records
2022 HONDA ACCORD
$27,563 average used price
77,000+ sales records
Similar Models
1989 HONDA CIVIC
$25,988 MSRP
120+ sales records
1989 HONDA PRELUDE
$10,900 MSRP
110+ sales records
1991 HONDA PRELUDE
$10,900 MSRP
120+ sales records
1992 HONDA PRELUDE
$10,900 MSRP
$10,950 average used price
150+ sales records
1993 HONDA CIVIC
$25,988 MSRP
$6,900 average used price
440+ sales records
1994 HONDA CIVIC
$25,988 MSRP
$6,500 average used price
400+ sales records
