Depreciation
The depreciation graph and accompanying table on our page detail how the 2011 HONDA RIDGELINE'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) 2011 HONDA RIDGELINE in 2011 was $41,120.
The average price for used 2011 HONDA RIDGELINE nowadays in 2024 is $13,995 which is 34% from the original price.
Estimated mileage driven per year is 11,254 miles.
The graph below is a depreciation curve for 2011 HONDA RIDGELINE. 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 2011 HONDA RIDGELINE 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 | ||
|---|---|---|---|---|---|---|
| 2011 MSRP | 0 mi | $41,120 | — | — | 100% | 0% |
| 2011 | 11,254 mi | $42,000 | −$880 | −2.14% | 102.14% | -2.14% |
| 2012 | 22,508 mi | $37,795 | +$4,205 | +10.01% | 91.91% | 8.09% |
| 2013 | 33,762 mi | $35,553 | +$2,242 | +5.93% | 86.46% | 13.54% |
| 2014 | 45,016 mi | $31,995 | +$3,558 | +10.01% | 77.81% | 22.19% |
| 2015 | 56,270 mi | $29,998 | +$1,997 | +6.24% | 72.95% | 27.05% |
| 2016 | 67,524 mi | $27,500 | +$2,498 | +8.33% | 66.88% | 33.12% |
| 2017 | 78,778 mi | $25,850 | +$1,650 | +6% | 62.86% | 37.14% |
| 2018 | 90,032 mi | $23,611 | +$2,239 | +8.66% | 57.42% | 42.58% |
| 2021 | 123,794 mi | $17,997 | +$0 | +0% | 43.77% | 56.23% |
| 2022 | 135,048 mi | $17,450 | +$547 | +3.04% | 42.44% | 57.56% |
| 2023 | 146,302 mi | $15,900 | +$1,550 | +8.88% | 38.67% | 61.33% |
| 2024 | 157,556 mi | $13,995 | +$1,905 | +11.98% | 34.03% | 65.97% |
| 2025 | 168,810 mi | $13,695 | +$300 | +2.14% | 33.3% | 66.7% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the HONDA RIDGELINE’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 2011 HONDA RIDGELINE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2011 HONDA RIDGELINE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 20,000 mi | $23,990 | 27 sales |
| 30,000 mi | $21,998 | 27 sales |
| 35,000 mi | $20,994 | 10 sales |
| 40,000 mi | $21,491 | 47 sales |
| 45,000 mi | $22,500 | 85 sales |
| 50,000 mi | $20,000 | 41 sales |
| 55,000 mi | $19,999 | 97 sales |
| 60,000 mi | $18,991 | 98 sales |
| 65,000 mi | $20,199 | 150 sales |
| 70,000 mi | $20,998 | 198 sales |
| 75,000 mi | $18,990 | 231 sales |
| 80,000 mi | $18,989 | 240 sales |
| 85,000 mi | $20,500 | 283 sales |
| 90,000 mi | $18,882 | 463 sales |
| 95,000 mi | $18,124 | 390 sales |
| 100,000 mi | $17,293 | 214 sales |
| 105,000 mi | $16,991 | 226 sales |
| 110,000 mi | $16,369 | 218 sales |
| 115,000 mi | $15,995 | 215 sales |
| 120,000 mi | $15,600 | 207 sales |
| 125,000 mi | $14,999 | 207 sales |
| 130,000 mi | $14,997 | 162 sales |
| 135,000 mi | $15,285 | 181 sales |
| 140,000 mi | $14,341 | 151 sales |
| 145,000 mi | $13,995 | 146 sales |
| 150,000 mi | $13,995 | 136 sales |
| 155,000 mi | $13,616 | 126 sales |
| 160,000 mi | $12,989 | 86 sales |
| 165,000 mi | $13,834 | 120 sales |
| 170,000 mi | $12,717 | 103 sales |
| 175,000 mi | $12,244 | 87 sales |
| 180,000 mi | $11,273 | 45 sales |
| 185,000 mi | $11,945 | 53 sales |
| 190,000 mi | $10,995 | 43 sales |
| 195,000 mi | $10,675 | 46 sales |
| 200,000 mi | $11,134 | 30 sales |
| 205,000 mi | $10,500 | 35 sales |
| 210,000 mi | $10,785 | 23 sales |
| 215,000 mi | $8,995 | 29 sales |
| 220,000 mi | $9,995 | 11 sales |
| 225,000 mi | $10,437 | 21 sales |
| 230,000 mi | $8,823 | 10 sales |
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Advanced safety features can influence the resale value and slow the depreciation of vehicles by making them more attractive to safety-conscious buyers.
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.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Understanding depreciation is important for car owners to manage financial expectations and make informed decisions about selling or trading in their vehicles at the right time.
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.
Some models may depreciate faster due to factors like lower demand, higher maintenance costs, or outdated technology compared to newer versions.
Depreciation directly affects the resale value of a 2011 HONDA RIDGELINE, with faster depreciating vehicles typically having lower resale values over time.
Proper maintenance and good condition can slow the depreciation of a 2011 HONDA RIDGELINE by making it more attractive to potential buyers, thereby preserving more of its value.
Other years of HONDA RIDGELINE
2007 HONDA RIDGELINE
$9,825 average used price
8,100+ sales records
2010 HONDA RIDGELINE
$13,695 average used price
4,400+ sales records
2017 HONDA RIDGELINE
$23,611 average used price
32,800+ sales records
2019 HONDA RIDGELINE
$27,500 average used price
48,900+ sales records
2023 HONDA RIDGELINE
$37,795 average used price
1,400+ sales records
2024 HONDA RIDGELINE
$42,000 average used price
1,600+ sales records
Similar Models
2011 HONDA CIVIC
$25,988 MSRP
$8,995 average used price
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2012 HONDA INSIGHT
$26,620 MSRP
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2,300+ sales records
2013 HONDA ODYSSEY
$33,403 MSRP
$12,499 average used price
36,500+ sales records
2013 HONDA FIT
$16,990 MSRP
$10,895 average used price
30,900+ sales records
2014 HONDA ODYSSEY
$33,403 MSRP
$14,289 average used price
62,100+ sales records
2014 HONDA ACCORD
$27,995 MSRP
$14,300 average used price
130,600+ sales records
