How much should you pay for a Honda Passport?
When considering the purchase of a Honda Passport, it's essential to understand the factors that influence its price. The Honda Passport is a popular midsize SUV known for its reliability, spacious interior, and off-road capabilities. In this article, we will explore the various aspects that determine the cost of a Honda Passport, helping you make an informed decision.
Factors Influencing the Price of a Honda Passport
The price of a Honda Passport can vary significantly based on several key factors:
- Model Year: Newer models typically come with advanced features and technology, which can increase their price.
- Trim Level: The Honda Passport is available in different trims, each offering varying levels of features and luxury. Higher trims will naturally cost more.
- Condition: Whether you are buying new or used, the condition of the vehicle plays a crucial role in its price. A well-maintained used Passport will command a higher price than one with visible wear and tear.
- Mileage: For used vehicles, mileage is a significant factor. Lower mileage often translates to a higher price due to the perceived longevity of the vehicle.
- Location: Prices can vary by region due to demand and availability. Urban areas may have higher prices compared to rural locations.
Average Price Range
As of 2025, the average price for a new Honda Passport typically ranges from $37,000 to $45,000, depending on the trim and options selected. For used models, prices can vary widely based on the factors mentioned above, generally falling between $25,000 and $35,000 for models that are a few years old.
Tips for Getting the Best Price
To ensure you get the best deal on a Honda Passport, consider the following tips:
- Research: Use online resources to compare prices from different dealerships and private sellers.
- Negotiate: Don’t hesitate to negotiate the price. Many sellers expect some back-and-forth.
- Check for Incentives: Look for manufacturer incentives or dealership promotions that could lower the price.
- Get a Vehicle History Report: If buying used, a vehicle history report can provide insights into the car's past, helping you avoid potential issues.
Conclusion
Purchasing a Honda Passport can be a rewarding investment, especially if you take the time to understand the pricing factors and conduct thorough research. By considering the model year, trim level, condition, mileage, and location, you can make a well-informed decision that fits your budget and needs.
Frequently Asked Questions
What holds more value, Toyota or Honda?
Both Honda and Toyota vehicles hold their value well, but Toyotas generally retain slightly more value after 5 years compared to Hondas, making them a good choice for those concerned about depreciation.
Does the Honda Passport hold its value?
A 2023 Honda Passport has depreciated $11,837 or 27% in the last 2 years and has a current resale value of $30,638 and trade-in value of $27,633. The 2023 Honda Passport is in the 25-75% percentile for depreciation among all 2023 SUVs.
How much are people paying for a Honda Passport?
The base model of the 2025 Honda Passport has an MSRP of $43,850, but the average price paid is $42,129 based on 275 transactions from the past 4 weeks. Shoppers are paying 3.9% less than MSRP.
Are Honda Passports expensive to insure?
2021 Honda Passport Car Insurance
When it comes to insuring a Passport, on average, it costs around $45 a month to insure a 2021 Honda Passport for liability only and $157 monthly for full coverage.
What is the most common problem with a Honda Passport?
One of the most common problems reported is transmission slipping and rough shifting, which can affect the overall driving experience. Some Honda drivers have noted delayed or erratic shifting, which may cause sudden accelerations or decelerations, posing serious safety risks on the road.
Why is the Honda Passport not popular?
But the Passport remains a truck-based SUV of the old school. Sharp bumps elicit hard slams, and even smooth roads bring a busy ride. Handling is clumsy though predictable; part-time four-wheel drive is all that's available. The brakes are mediocre.
What is the life expectancy of a Honda Passport?
200,000-250,000 miles
This information will reveal if the depreciation rate is ideal and how long you can expect to have a Honda Passport as your mode of transportation. If you care for your vehicle, it should last 200,000-250,000 miles.
Are Honda passports expensive to insure?
2021 Honda Passport Car Insurance
When it comes to insuring a Passport, on average, it costs around $45 a month to insure a 2021 Honda Passport for liability only and $157 monthly for full coverage.
Is a Honda Passport bigger than a Pilot?
Is the Honda Pilot Bigger than the Passport? Yes, the 2024 Honda Pilot is larger than the new Passport model. The new Pilot SUV is available in both 7- and 8-passenger configurations, while the Passport seats five. Accordingly, the Honda Pilot also offers overall greater passenger and cargo space.
Is Honda Passport being discontinued?
We won't see the new Passport until 2025 at least; Honda says the updated SUV will be a 2026 model-year vehicle. So expect the current version to carry over into 2025 with little to no changes.
