Here is how a lot a Honda Pilot depreciates after 5 years

The Honda Pilot has been a staple SUV in North America for a very long time, however even it falls sufferer to depreciation. A brand new 2025 Honda Pilot begins at $40,200, which is an efficient value for an SUV of this dimension. Nonetheless, it’ll value you much more than that after a couple of years of possession. Here is how a lot a Honda Pilot depreciates after 5 years, and why it’s best to contemplate shopping for a 2019 mannequin over a brand-new one.

The Honda Pilot is the larger sibling to the small, roomy and affordable CR-V crossover, nevertheless it’s nonetheless classed as a mid-size SUV. Regardless of this, it squeezes three rows of seating inside to comfortably carry as much as eight passengers, and options fashionable tech, like What cars have wireless Apple CarPlay?. On this publish, we’ll have a look at general possession prices over 5 years, how the Pilot depreciates in comparison with different SUVs, and a few widespread faults to be careful for when shopping for used.

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The Honda Pilot loses $13,736 in 5 years

When the 2019 Honda Pilot was launched 5 years in the past, it had a beautiful beginning MSRP of $31,450. Now, based on Kelley Blue Book, a good buy value for a used mannequin is $17,714. This represents a 43.6% depreciation over 5 years, nearly half the unique worth.

This will look like an enormous loss in a brief interval, nevertheless it’s not that dangerous. We have seen electric cars depreciate more in a single 12 months. What it’s best to contemplate is the potential financial savings on new; round $22,485.

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Complete possession prices over 5 years

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CarEdge reviews the total cost of owning a Honda Pilot for 5 years is $52,080. That determine appears excessive as a result of it contains the depreciation. Since we have already mentioned that, we’ll take away it from our calculation for a clearer image of operating prices. Solely counting insurance coverage, upkeep, curiosity, and gasoline, the true value to personal is $33,247. (We used KBB for depreciation, which varies from CarEdge, therefore the distinction).

Honda Pilot possession prices

After all, these values will fluctuate by particular person. For instance, your insurance coverage might fluctuate, and also you would possibly want kind of gasoline. Although, should you do numerous miles, used hybrid SUVs are perfect for hyper-milers. Additionally, should you’re good at mechanics, you might purchase a Carly OBDII scanner and do your individual repairs. Regardless, this can be a pretty low possession value, with CarEdge score it A-.

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Honda Pilot depreciation in comparison with others

In case you’re available in the market for a used mid-size SUV just like the Honda Pilot, however this depreciation has made you suppose twice, then maybe seeing a couple of different choices offers you some perspective. Throughout the identical interval, the Kia Sorento misplaced 62% of its worth, and the Subaru misplaced 53.5%. That is considerably greater than the Honda.

Elements affecting automotive depreciation

Varied elements contribute to depreciation, together with desirability and reliability. Final 12 months, over 141,000 new Honda Pilots had been registered, far more than the Sorento and Ascent (95,154 and 56,286 respectively), which reveals demand for the Japanese SUV is as excessive as ever. The truth is, one other Honda mannequin landed within the prime three best-selling SUVs in 2024.

2019 Honda Pilot Reliability

Honda

There are many reliable vehicles not made by Honda or Toyota, however Japanese automobiles are recognized for his or her nice engines and sturdy construct high quality. The 2019 Honda Pilot has a J.D. Energy reliability rating of 77/100, and three.5 out of 5 begins on RepairPal. These are common scores for the section, however decrease restore prices counsel solely minor jobs should be achieved over the primary 5 years of its life.

2019 Honda Pilot crash check

The 2019 Honda Pilot obtained a five-star security score from NHTSA, plus a High Security Choose award from IIHS, which is testomony to its strong construct high quality and occupant safety measures. Within the crash check video, you may see the aspect airbags successfully deploy to guard the inside from shards of glass, whereas the entrance airbags cushion and probably deadly bump to the pinnacle.

Frequent faults

Regardless of scoring properly on reliability, no automotive is with out its weaknesses. In response to varied proprietor reviews, warped entrance rotors appear to be a standard situation, which might be as delicate as vibrations within the brake pedal, to complete brake failure. Different repeated issues fluctuate from minor points to severe security issues.

• Warped entrance rotor
• Stabilizer hyperlink noises
• Overheated wire harness inflicting low beams to fail

Automotive depreciation is the enemy of latest automotive consumers, however is a used automotive purchaser’s finest good friend. You possibly can save over $22,486 by shopping for a 2019 Honda Pilot as a substitute of a 2025 mannequin that you will probably remorse after just some years. Like something pre-owned, there are dangers concerned in the case of upkeep, plus a couple of widespread faults to look out for, however excessive reliability scores encourage confidence in second-hand Hondas.