Honda Passport depreciation: value by age
Value kept after 3 years
71%
- Loses 29% in 3 years.
- 2023 EX-L AWD. New: $42,475. Now: $30,100.
- Median SUV at 3 years: 63% kept.
- Value now: KBB fair price.
| Model year | Age | Trim | Original MSRP | Value now | Source | Kept | Lost | Lost per year |
|---|---|---|---|---|---|---|---|---|
| 2024 | 2 | EX-L AWD | $43,350 | $33,000 | KBB fair price | 76% | $10,350 | $5,175 |
| 2023 | 3 | EX-L AWD | $42,475 | $30,100 | KBB fair price | 71% | $12,375 | $4,125 |
| 2022 | 4 | EX-L FWD | $41,765 | $27,200 | KBB fair price | 65% | $14,565 | $3,641 |
| 2021 | 5 | Sport FWD | $36,015 | $23,300 | KBB fair price | 65% | $12,715 | $2,543 |
| 2020 | 6 | Sport FWD | $35,110 | $20,000 | KBB fair price | 57% | $15,110 | $2,518 |
| 2019 | 7 | Sport FWD | $35,010 | $18,850 | KBB fair price | 54% | $16,160 | $2,309 |
- Biggest drop
- New to age 2: $5,175 a year.
- Values as of
- October 2026
KBB resale value by year
| Model year | 2023 | 2024 | 2025 | 2026 | 2027 KBB forecast | 2028 KBB forecast |
|---|---|---|---|---|---|---|
| 2024 | N/A | $37,825 | $33,265 | $31,400 | $29,362 | $27,962 |
| 2023 | $34,863 | $31,843 | $29,740 | $28,100 | $25,866 | $23,641 |
| 2022 | $31,300 | $27,858 | $27,240 | $25,400 | $23,526 | $22,000 |
| 2021 | $26,342 | $23,655 | $20,963 | $21,800 | $19,595 | $17,685 |
| 2020 | $24,232 | $20,618 | $20,375 | $18,800 | $17,117 | $15,635 |
| 2019 | $21,429 | $18,869 | $17,026 | $17,800 | $15,705 | $13,822 |
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.
- 2 or more sources
- 1 source
- Model-level, rule or estimate