What is the current value of a 2008 Honda Accord?
The current value for a 2008 Honda Accord in today’s used-car market typically falls in the range of approximately $3,500 to $7,500, depending on mileage, trim level, overall condition, and regional demand. Exact pricing can vary by location and sale method.
To understand this better, it helps to know that the Honda Accord from 2008 came in multiple trims (such as LX, EX, and EX-L) and with different engines (including a 2.4-liter four-cylinder and, in some markets, a V6). Age, maintenance history, cosmetic condition, and whether the car is being sold privately or to a dealer all influence the final price. The following sections break down typical values and how to verify a precise number for your situation.
Value drivers: mileage, trim and condition
The following ranges reflect typical U.S. private-party pricing for common trims and mileage bands. These figures are ballpark estimates intended to guide expectations and negotiation.
- Mileage and age-based ranges:
- Under 100,000 miles: roughly $5,500–$7,500
- 100,000 to 150,000 miles: roughly $4,000–$6,000
- 150,000 to 200,000 miles: roughly $3,000–$5,000
- Over 200,000 miles: roughly $2,000–$4,000
- Trim and engine variations:
- LX with 2.4L four-cylinder: typically around $3,500–$5,500
- EX (4-cylinder): typically around $5,000–$7,000
- EX-L (with leather, 4-cylinder): typically around $6,000–$8,000
- V6 variants (where available): often $0.5k–$1.5k more than equivalent four-cylinder models, depending on mileage and condition
- Condition and maintenance history:
- Well-documented maintenance, clean interior and exterior, and no frame or major mechanical issues raise value toward the upper end of the ranges
- Lower-maintenance-cost vehicles with served timing belts/chain issues, rust, or cosmetic flaws tend to sit at the lower end
- Regional demand and sale type:
- Private-party sales often fetch higher prices than dealer trade-ins, but buyers may expect to negotiate
- Regional demand for reliable older Hondas can push value up in some markets and down in others
In summary, mileage is perhaps the most influential factor, with trim and condition shaping the exact point within those ranges. Regional differences can also tilt pricing by a few hundred dollars on either side.
How to verify the exact current value now
To pin down a precise value for a specific 2008 Honda Accord, use trusted online valuation tools and compare local listings. The following steps guide you through a practical check.
- Gather essential details: year (2008), trim (LX/EX/EX-L), engine (2.4L or V6 if applicable), transmission, approximate mileage, overall condition, and your ZIP code.
- Check consumer valuation sites:
- Kelley Blue Book (KBB) True Market Value (TMV)
- Edmunds TMV
- NADA Guides
- Review local listings for similar 2008 Accord examples (same trim and mileage) to gauge current asking prices in your area.
- Consider dealer trade-in offers as a baseline, then compare private-party expectations to see where your car fits.
- Factor any recent maintenance needs or upcoming repairs that could affect asking price or sale speed.
- Set a realistic asking or bid range based on the gathered data and plan for negotiation accordingly.
Following these steps will give you a precise, up-to-date value tailored to your car’s exact condition and location. Keep in mind that market conditions can shift, especially for aging vehicles that may require more maintenance or replacement parts.
Summary
For a 2008 Honda Accord, current value hinges on mileage, trim, and overall condition, with typical private-sale ranges generally spanning about $3,500 to $7,500. Use reputable online valuation tools (KBB TMV, Edmunds TMV, NADA) and compare local listings to establish a precise, up-to-date figure for your specific car. Always account for regional demand and any upcoming maintenance or repair costs when setting a price.
Is 2008 a good year for the Honda Accord?
Reliability: The 2008 Accord has a long track record for durable engines and transmissions when properly maintained. Many exceed 200k miles with routine service. Parts and service availability: Wide parts availability and many independent shops familiar with the model keep repair costs moderate.
What is the resale value of a Honda Accord?
A 2022 Honda Accord has depreciated $6,457 or 24% in the last 3 years and has a current resale value of $19,937 and trade-in value of $17,542. A 2022 Honda Accord has depreciated $6,457 or 24% in the last 3 years and has a current resale value of $19,937 and trade-in value of $17,542.
What is the most common problem with a 2008 Honda Accord?
The owner comments describe problems respondents experienced with this vehicle.
- Transmission Minor.
- Fuel System/Emissions.
- Paint/Trim.
- In-car Electronics.
- Engine Electrical.
- Engine Cooling.
- Electrical Accessories.
- Transmission Major. Transmission rebuild or replacement, torque converter, premature clutch replacement.
What is my 2008 Honda Accord worth?
A 2008 Honda Accord LX Sedan 4D has depreciated $1,529 or 26% in the last 3 years and has a current resale value of $4,253 and trade-in value of $2,148.
