Honda Fit | Depreciation Rate & Curve

Honda Fit 5 Year Depreciation Rate

A 2020 Honda Fit has a forecasted 5 year depreciation rate of 37%.

In 5 years its value is expected to decrease approximately $6,664 from its new price of around $18,012 down to $11,348.

Honda Fit Depreciation
Make & Model	Honda Fit
Initial MSRP	$18,012
Forecasted Depreciation Rate	37%
Forecasted Value Change In 5 Years	$6,664
Residual Value In 5 Years	$11,348

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Honda Fit Historical Depreciation Table

Below is a historical table for the Honda Fit that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2020	$18,012	22%	$3,999	$14,013
2019	$16,990	5%	$840	$16,150
2018	$18,543	29%	$5,468	$13,075
2017	$18,514	19%	$3,526	$14,988
2016	$18,314	26%	$4,808	$13,506
2015	$18,074	37%	$6,605	$11,469
2013	$19,790	49%	$9,765	$10,025
2012	$17,032	53%	$9,074	$7,958
2011	$17,285	59%	$10,210	$7,075
2010	$16,908	66%	$11,158	$5,750
2009	$16,758	68%	$11,420	$5,338
2008	$15,010	69%	$10,422	$4,588
2007	$14,910	72%	$10,760	$4,150

2012 Honda Fit Sport | Source

By IFCAR - Own work, Public Domain

Forecasted "5 Year Depreciation" Of A 2020 Honda Fit Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 Honda Fit	37%	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Honda Accord	45% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
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2020 Toyota Prius v	46% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain