What is the book value on a 2002 Honda Accord?
The book value of a 2002 Honda Accord refers to the estimated value of the vehicle based on its age, mileage, and condition. This value is important for various purposes, such as determining the trade-in or resale value of the car, as well as for insurance and tax purposes. To calculate the book value of a 2002 Honda Accord, several factors need to be considered.
Factors Affecting Book Value
The book value of a 2002 Honda Accord is influenced by several key factors:
- Age: The older the vehicle, the lower its book value. A 2002 Honda Accord is now 23 years old, which significantly impacts its value.
- Mileage: The higher the mileage, the lower the book value. A 2002 Honda Accord with higher mileage will have a lower book value than one with lower mileage.
- Condition: The overall condition of the vehicle, including any damage, wear and tear, and maintenance history, will affect its book value. A well-maintained 2002 Honda Accord will have a higher book value than one in poor condition.
- Market Demand: The current demand for 2002 Honda Accords in the used car market can also impact the book value. If there is high demand, the book value may be higher.
By considering these factors, you can estimate the book value of a 2002 Honda Accord.
Calculating the Book Value
To calculate the book value of a 2002 Honda Accord, you can use online tools or consult with a professional appraiser. These resources will take into account the vehicle's age, mileage, and condition to provide an estimated book value. The book value can range from a few thousand dollars for a high-mileage, poorly maintained vehicle to several thousand dollars for a well-maintained, low-mileage 2002 Honda Accord.
It's important to note that the book value is just an estimate and may not reflect the actual market value of the vehicle. Factors such as the local market conditions and the specific needs of the buyer or seller can also influence the final sale price.
What is the average of Honda Accord 2002?
The Accord 2001-2003 mileage is 11.1 to 11.9 kmpl.
How many miles will a 2002 Honda 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.
What years did Honda have bad transmissions?
The issues persisted from 1999-2004 or so, but some 2005 and 2006 cars still had failures, it just wasn't as widespread. Anything after that, and once they moved to 6 speed or more ATs, you're fine. If you MUST have an auto Honda from that generation, the 4 cylinder is the one to get.
What is the book value of a used car?
A car's book value is what the vehicle would be worth if you were to sell it today. Book values are typically used only with used cars, and they can vary depending on a variety of factors, including: Make and model. Year.
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.
What is a 2002 Honda Accord worth today?
2002 Honda Accord Pricing
| Original MSRP | KBB Fair Purchase Price (national avg.) | |
|---|---|---|
| LX Sedan 4D | $20,130 | $3,610 |
| LX Coupe 2D | $20,130 | $3,616 |
| SE Coupe 2D | $21,290 | $3,284 |
| SE Sedan 4D | $21,290 | $4,096 |
How much should I pay for a Honda Accord?
2024 Honda Accord MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| EX Most Popular | $31,005 | $29,570 |
| Sport Hybrid | $33,990 | $32,375 |
| EX-L Hybrid | $35,635 | $33,708 |
| Sport-L Hybrid | $35,970 | $34,073 |
How much can I sell my 2002 Honda Accord for?
2002 Honda Accord Value - $444-$2,531 | Edmunds.
What year was a bad year for Honda Accord?
Years of Honda Accord to Avoid
1998-2002: Models from these years have reported various problems, including transmission issues and airbag concerns. 2008-2010: These years have seen complaints related to premature brake wear and airbag deployments.
What is the best year Honda Accord to get?
Honda Accord models from the years 2008 to 2012 are among the best to buy used. Their pricing on the used market is affordable. The Honda Accord tends to hold its value better than most other cars. It's a dependable performer since its U.S. launch in 1976.
