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Honda HR-V depreciation: value by age

Value kept after 3 years

81%

  • Loses 19% in 3 years.
  • 2023 LX 2WD. New: $25,125. Now: $20,300.
  • Median SUV at 3 years: 63% kept.
  • Value now: KBB fair price.

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0%20%40%60%80%100%2 yr5 yr8 yr11 yr14 yr17 yrHR-VSUV median
Share of original MSRP kept, by age. Blue: median of 82 to 183 SUVs per age.
Honda HR-V value by model year
Model yearAgeTrimOriginal MSRPValue nowSourceKeptLostLost per year
20242LX 2WD$26,295$22,200KBB fair price84%$4,095$2,048
20233LX 2WD$25,125$20,300KBB fair price81%$4,825$1,608
20224LX 2WD$23,115$17,650KBB fair price76%$5,465$1,366
20215LX 2WD$22,445$17,000KBB fair price76%$5,445$1,089
20206LX 2WD$22,040$16,550KBB fair price75%$5,490$915
20197LX 2WD$21,740$15,900KBB fair price73%$5,840$834
20188LX 2WD$21,465$14,400KBB fair price67%$7,065$883
20179LX 2WD$21,240$14,600KBB fair price69%$6,640$738
2016102WD 4dr Man LX$20,795$13,500KBB fair price65%$7,295$730
Biggest drop
New to age 2: $2,048 a year.
Values as of
October 2026

KBB resale value by year

Honda HR-V: KBB resale value by calendar year
Model year20232024202520262027 KBB forecast2028 KBB forecast
2024N/A$22,209$20,993$20,700$18,280$16,463
2023$23,817$21,205$19,755$18,900$16,421$14,398
2022$20,466$18,167$16,360$16,150$14,009$12,209
2021$18,267$16,543$15,608$15,150$13,230$11,591
2020$17,148$14,396$13,169$15,050$12,734$10,704
2019$16,459$14,145$11,834$14,600$12,886$11,345
2018$14,923$12,016$10,210$13,100N/AN/A
2017$12,221$10,716$9,255$13,250N/AN/A
2016$10,620$9,358$8,601$12,250N/AN/A

KBB resale values. 2027 and 2028 are KBB forecasts.

What this cannot tell you

Values as of October 2026. KBB and CarGurus national figures.

Mileage and condition change the value.

How values are checked