staff@slashgear.com (John Davis)
2024-06-08 12:15:30
www.slashgear.com
We mentioned that the price range for 10 to 20-year-old Honda Accords is pretty wide — prices can fall anywhere between $2,500 and $16,000, with outliers on each end coming in a little bit below or above those numbers. While the upper end of that range isn’t exactly what we’d refer to as “cheap,” models closer to the 20-year-old-mark with around 100,000 miles are substantially more affordable. In fact, the Accord is one of the most reliable and cheapest Honda’s you can buy used. But why is that?
Well, despite their intense reliability and robust power, Honda’s are fairly affordable cars in general. That’s due primarily to Honda’s manufacturing process. The iconic automaker uses quality yet affordable parts, resulting in lower up-front purchase costs, as well as reduced repair costs. It also helps that Honda produce unfathomable amounts of these vehicles. There’s a huge number of Honda Accords on the road, translating to the mass-production of parts and a large used market.
However, while all of those factors contribute to lower prices on new Accords, they also help inflate the prices of used models. That’s mainly because Honda’s are such reliable vehicles. They hold their value extremely well and are capable of providing service for hundreds of thousands of miles when cared for properly. It’s possible to find incredible deals on used Honda Accords, but you probably won’t find used Accords with prices as low as those of less desirable models and brands.
[Featured image by OSX via Wikimedia Commons | Cropped and scaled | CC BY-SA 3.0]
