How much can you get for a 1998 Honda Accord?
The value of a 1998 Honda Accord can vary depending on several factors, such as the vehicle's condition, mileage, and location. On average, a 1998 Honda Accord in good condition can fetch between $2,000 and $4,000 when sold privately or traded in at a dealership.
Factors That Affect the Value of a 1998 Honda Accord
The value of a 1998 Honda Accord is influenced by several key factors:
- Mileage: Vehicles with lower mileage tend to have higher resale values. A 1998 Accord with under 150,000 miles will generally be worth more than one with over 200,000 miles.
- Condition: The overall condition of the vehicle, including the interior, exterior, and mechanical components, plays a significant role in determining its value. Well-maintained Accords in good condition will command higher prices.
- Location: The geographic region where the vehicle is sold can also impact its value. Prices may vary based on local market demand and competition.
- Trim Level and Options: Higher-end trim levels and additional features, such as leather seats or a sunroof, can increase the value of a 1998 Accord.
It's important to note that the value of a 1998 Honda Accord can also be influenced by broader market conditions, such as the overall supply and demand for used vehicles, as well as any recalls or safety issues associated with the model.
Selling or Trading in a 1998 Honda Accord
When it comes to selling or trading in a 1998 Honda Accord, there are a few options to consider:
- Private Party Sale: Selling the vehicle directly to a private buyer can often result in the highest potential sale price, but it also requires more time and effort to find a buyer and negotiate the transaction.
- Trade-in at a Dealership: Trading in the vehicle to a dealership is a more convenient option, but the dealer may offer a lower price than a private party sale.
- Online Marketplaces: Platforms like Craigslist, Facebook Marketplace, or Autotrader can provide access to a wider pool of potential buyers, potentially leading to a higher sale price.
Regardless of the selling method, it's important to research the current market value of a 1998 Honda Accord in your area and negotiate accordingly to ensure you get the best possible price for your vehicle.
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.
Is a 1998 Honda Accord a reliable car?
Among the 1775 owners who provided feedback on the 1998 Honda Accord for Kelley Blue Book, consumer sentiment is overwhelmingly positive, with 93% recommending the vehicle. Consumers rated the vehicle's comfort 4.6 out of 5 stars, performance 4.6 out of 5 stars, and value 4.6 out of 5 stars.
How much is a Honda Accord worth today?
driven per year, with no color or options selected. 2023 Honda Accord trade-in prices range from $19,641 - $31,571. Get a more accurate value for your car with the Edmunds appraisal tool.
How much can I sell my Honda Accord?
2021 Honda Accord Value - $16,423-$27,914 | Edmunds.
