Does the Honda Passport hold its value?
Yes. The Honda Passport tends to retain value better than many competitors in the midsize SUV class, thanks to Honda’s reputation for reliability and a niche that blends practical two-row utility with rugged, off-road styling. Still, depreciation varies by year, trim, mileage, and market conditions.
As a two-row, rugged-looking SUV with broad appeal among families and outdoor enthusiasts, the Passport’s value story sits at the intersection of brand trust, niche demand, and used-car market dynamics. This article examines how well the Passport holds its value today, what factors influence resale prices, and how buyers and sellers can navigate current conditions.
How resale value is measured
Analysts and consumers gauge value retention using several metrics, from depreciation alone to brand reliability and demand. The following factors commonly influence how well a Passport holds its value over time:
- Overall depreciation relative to peers in the midsize SUV class
- Brand reputation for reliability and ownership costs
- Demand for two-row, rugged SUVs versus three-row rivals
- Availability of desirable trims and low-mileage examples
- Perceived value from features, safety tech, and infotainment updates
- Broader market conditions for used SUVs, including financing trends
In short, the Passport’s resale performance is driven by reliability, demand for its body style, and the availability of well-equipped used examples.
What drives value for the Honda Passport
The Passport’s resale prospects hinge on a mix of brand strength, model-specific appeal, and steady demand for practical, capable crossovers. Key drivers include:
- Honda’s reputation for reliability and lower ownership costs
- Two-row layout that appeals to families and outdoor enthusiasts who don’t need a third row
- TrailSport variant’s rugged styling and feature set that attract higher used-pricing potential
- Proven track record within the Honda SUV lineup, which generally holds value well
- Consistent demand for Honda SUVs in the used market compared with some peers
- Steady market interest in capable, all-weather crossovers rather than niche specialty vehicles
Taken together, these factors typically support solid resale value for the Passport relative to many peers, though pricing can vary by trim and year based on options and condition.
Trim-level demand and model-year considerations
Different trims and model-years can show noticeable variance in how Passport models hold their value. Buyers shopping used Passports should consider how the trim, equipment, and age influence resale price:
- TrailSport and EX-L trims often command higher resale prices due to additional features and rugged styling
- Base Sport trims may depreciate more quickly but can offer strong value when well kept
- Recent model-years with updated safety tech and infotainment tend to hold value better
- Early-model years (e.g., 2019–2020) may be priced aggressively in the used market but could show higher mileage and wear
When evaluating a used Passport, the specific trim mix, mileage, and maintenance history are major determinants of price trajectory.
Current market snapshot
Today’s used-SUV market is influenced by lingering supply constraints on new vehicles, elevated used-car prices, and continuous demand for reliable, practical crossovers. The Passport remains a competitive option within the midsize segment, benefiting from Honda’s overall resale performance and the model’s distinctive balance of utility and capability.
Summary
The Honda Passport generally holds its value well within the midsize SUV category, thanks to Honda’s reliability reputation, steady demand for practical and capable crossovers, and the TrailSport variant’s appeal. While individual outcomes depend on year, trim, mileage, and condition, the Passport tends to outperform many peers on resale value and remains a sensible choice for buyers prioritizing long-term value.
