How Much Value Does a 2023 Honda Civic Lose Each Year?
A 2023 Honda Civic loses about $2,000 per year in value on average. Data shows an average annual drop of $1,998 over the last 3 years. The car lost a total of $6,195, or 24% of its value. Resale value now reaches $18,650. Trade-in value hits $17,800.
Depreciation changes by year, trim, and market conditions. In 2024, the Civic lost $3,516. In 2025, it dropped $1,150. Recent months show a loss of $1,529. Different trims lose value at different rates. Check this table for examples:
| Trim | Total Loss (3 Years) | % Loss | Current Resale |
|---|---|---|---|
| EX Sedan 4D | $5,545 | 19% | $22,300 |
| LX Hatchback 4D | $6,845 | 26% | $19,000 |
Honda Civics hold value better than most cars. They rank in the top 10-25% for least depreciation among 2023 sedans. Over 5 years, a new Civic loses 29% of its value. Resale value then hits $19,528. This beats the 35.2% average loss for compact cars after 5 years.
Your location affects value. In zip code 01760, local trends, weather, and mileage shift prices. Low-mileage cars sell for more. CarMax offers $19,000 to $22,000 for 2023 Civics based on miles. Driver habits and market changes impact the exact loss.
Expect a $1,500 to $2,500 yearly loss going forward based on trends. Honda Civics beat most cars in value retention. Sell or trade at value peaks to save money.
Tips to Slow Depreciation
- Keep mileage low: Drive under 12,000 miles per year to hold value steady.
- Service on schedule: Keep records to boost resale price.
- Fix dents fast: Clean cars with no damage sell for more.
- Park in a garage: Protect from harsh winters and weather damage.
Track your Civic's value with Sidekick. Enter your VIN for custom forecasts by zip code.