How much can I get for a 1994 Honda Accord?
The value of a 1994 Honda Accord can vary depending on several factors, such as the vehicle's condition, mileage, and location. On average, a 1994 Honda Accord in good condition can fetch between $2,000 and $4,000 in the used car market. However, the exact amount you can get for your vehicle will depend on a more detailed assessment.
Factors Affecting the Value of a 1994 Honda Accord
When determining the value of a 1994 Honda Accord, the following factors are typically considered:
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in its value. Vehicles in excellent condition will generally command higher prices.
- Mileage: Lower mileage vehicles are typically more valuable than those with higher mileage, as they are perceived to have more remaining useful life.
- Location: The geographic region where the vehicle is sold can also impact its value, as demand and pricing can vary across different markets.
- Maintenance and Repair History: A well-maintained vehicle with a documented repair history is generally more valuable than one with unknown or poor maintenance.
- Demand: The overall demand for a particular make, model, and year of a vehicle can also influence its value in the used car market.
It's important to note that the value of a 1994 Honda Accord can also be affected by the specific features and options the vehicle is equipped with, as well as any aftermarket modifications or customizations.
Determining the Value of Your 1994 Honda Accord
To get a more accurate estimate of the value of your 1994 Honda Accord, you can consider the following steps:
- Research the current market prices for similar vehicles in your local area, either through online classifieds or by visiting local dealerships.
- Obtain a vehicle history report to understand the maintenance and repair history of your specific vehicle.
- Have your vehicle professionally inspected to assess its overall condition and identify any potential issues that may affect its value.
- Consider getting a professional appraisal from a trusted source, such as a certified automotive appraiser or a reputable used car dealer.
By taking these steps, you can better understand the fair market value of your 1994 Honda Accord and make an informed decision when selling or trading in your vehicle.
What is high mileage for a Honda Accord?
200,000 miles
A Honda Accord that is not maintained well has a much higher chance of developing major engine and transmission problems before hitting 100,000 – 200,000 miles. With that being said a very well-maintained Honda Accord has the potential to last well past 300,000 miles and further before needing any major work.
Does Honda Accord have good resale value?
Honda Accord Resale Value
According to a report by iSeeCars, the Honda Accord has the best resale value for midsize cars in 2024. The Honda Accord is one of the best midsize cars when it comes to resale value. It retains 61% of its value after five years, which is 6.1% higher than the segment average.
What should I pay for a Honda Accord?
2024 Honda Accord MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| LX | $28,990 | $27,574 |
| EX Most Popular | $31,005 | $29,325 |
| Sport Hybrid | $33,990 | $32,148 |
| EX-L Hybrid | $35,635 | $33,475 |
What is Honda resale value?
Honda Depreciation
| Year | Depreciation | Residual Value |
|---|---|---|
| 2022 | 22.73% | 77.27% |
| 2021 | 29.25% | 70.75% |
| 2020 | 31.11% | 68.89% |
| 2019 | 34.78% | 65.22% |
What is the resale value of Honda after 5 years?
After the first five years of ownership, a new vehicle typically retains about 35 percent of its original manufacturer's suggested retail price (MSRP). Meanwhile, Honda consistently holds over 50 percent of its value over the same period of time, making its vehicles a great investment.
What is my 1996 Honda Accord worth?
How much is a 1996 Honda Accord worth? The value of a used 1996 Honda Accord ranges from $210 to $1,261, based on vehicle condition, mileage, and options.
What year Honda Accord is the most stolen?
#4: Honda Accord
- Total annual thefts: 27,089.
- Top model year stolen: 1997.
How much does a Honda Accord go for?
The price of the 2025 Honda Accord starts at $29,390 and goes up to $40,395 depending on the trim and options.
How much should I spend on a used Honda Accord?
If shopping for a model in this generation, those in decent shape with average miles as of this writing will run between $4,000 and $6,000. Low-mileage models are $7,000-$9,000. See 2003 to 2007 Honda Accords for sale in your area.
How much can you sell a Honda Accord for?
6Edmunds Appraisal Report
driven per year, with no color or options selected. 2023 Honda Accord trade-in prices range from $19,833 - $32,134. Get a more accurate value for your car with the Edmunds appraisal tool.
