How much can you sell a 2002 Honda Accord for?
As the owner of Kevin's Autos, I often get asked about the resale value of various vehicles, and the 2002 Honda Accord is a popular topic. This model has a reputation for reliability and longevity, making it a sought-after option in the used car market. In this article, we will explore the factors that influence the selling price of a 2002 Honda Accord and provide a general price range based on current market trends.
Factors Influencing the Selling Price
The resale value of a 2002 Honda Accord can vary significantly based on several key factors:
- Condition: The overall condition of the vehicle, including the exterior, interior, and mechanical components, plays a crucial role in determining its value.
- Mileage: Lower mileage typically increases a car's value. A well-maintained Accord with fewer miles will fetch a higher price.
- Location: The demand for used cars can vary by region. Urban areas may have higher prices due to increased demand.
- Service History: A documented service history showing regular maintenance can enhance the car's value.
- Market Trends: Current market conditions and trends can affect pricing. For example, if there is a high demand for reliable sedans, prices may rise.
Estimated Price Range
Based on current market analysis, the selling price for a 2002 Honda Accord typically ranges from:
- $2,000 to $4,500 for models in fair condition with higher mileage.
- $4,500 to $6,500 for well-maintained models with lower mileage and good service history.
It's important to note that these prices can fluctuate based on the factors mentioned above. For the most accurate valuation, consider getting a professional appraisal or checking online marketplaces for similar listings.
Conclusion
In summary, selling a 2002 Honda Accord can yield a decent return, especially if the vehicle is in good condition and has been well maintained. By understanding the factors that influence its value, you can set a competitive price that reflects the car's worth in today's market.
Frequently Asked Questions
How much should I pay for a Honda Accord?
2024 Honda Accord MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| LX | $28,990 | $27,808 |
| EX Most Popular | $31,005 | $29,632 |
| Sport Hybrid | $33,990 | $32,223 |
| EX-L Hybrid | $35,635 | $33,705 |
How much is a 2002 Honda Accord worth today?
2002 Honda Accord Pricing
The range-topping 2002 Accord EX Sedan 4D starts at $3,875 today, originally priced from $22,740. KBB Fair Purchase Price (national avg.)
Is 2002 a good year for a Honda Accord?
1998--2002 Accords are VERY good cars, particularly the 4-cylinder models. The V-6 models are good, but we're prone to premature automatic transmission failures. You might want to check if the TSB services or recall services were performed if you consider purchasing one, as these aren't cheap transmissions to replace.
How many miles will a 2002 Accord last?
A Honda Accord should be able to last an average of about 250,000 miles, but this number can change dramatically depending on how well it is maintained over the course of many years.
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.
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 average of Honda Accord 2002?
The Accord 2001-2003 mileage is 11.1 to 11.9 kmpl. The Manual Petrol variant has a mileage of 11.9 kmpl. The Automatic Petrol variant has a mileage of 11.1 kmpl.
How much can I sell a Honda Accord for?
6Edmunds Appraisal Report
driven per year, with no color or options selected. 2022 Honda Accord trade-in prices range from $18,176 - $29,767. Get a more accurate value for your car with the Edmunds appraisal tool.
How much can I sell my 2002 Honda Accord for?
2002 Honda Accord Value - $465-$1,765 | Edmunds.
How many miles will a 2002 accord last?
A Honda Accord should be able to last an average of about 250,000 miles, but this number can change dramatically depending on how well it is maintained over the course of many years.
