Honda Pilot Depreciation

A Honda Pilot will depreciate 48% after 5 years and have a 5 year resale value of $23,204.

Pilots have been a great overall vehicle. Their owners drive them hard, however, as parents transport soccer teams, scout troops and everyone else under the sun from practice, to the beach and to everywhere else. Pilots will last forever, but they tend to see some significant usage along the way. If you can find a clean one, at a reasonable price, snatch it up.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year. It also assumes a selling price of $44,494 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Honda Pilot.

If you purchase a used Honda Pilot that is 2 years old, then you could save $8,992 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $12,298. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Pilot models become available.