What is the typical annual depreciation rate for a Honda Civic Si?
A 2023 Honda Civic Si depreciates 6-9% per year on average during the first 5 years. This equals about $2,000 to $3,000 in value loss annually, starting from a new price around $29,000 to $31,000. According to CarEdge's 2026 analysis, it loses 33% total over 5 years, or roughly $6,600 total depreciation (Source: CarEdge Honda Civic Si Depreciation, 2026).
Here's what you need to know about 2023 Honda Civic Si depreciation:
| Year | Annual Depreciation | Resale Value | % Value Retained |
|---|---|---|---|
| 1 | $2,010 | $27,885 | 91% |
| 2 | $1,054 | $26,831 | 87% |
| 3 | $2,731 | $24,100 | 81% |
| 4 | ~$2,000 | ~$22,100 | 72% |
| 5 | ~$900 | ~$21,275 | 67% |
Data from Kelley Blue Book shows a 2023 Civic Si lost 19% ($5,695) over 3 years as of 2026, averaging 6.3% per year (Source: KBB 2023 Honda Civic Si Depreciation, 2026). CarEdge projects steady drops: Year 1 at 6.4%, slowing to 2.7% by Year 5 (N=1,800 similar compacts, Sidekick owner data).
"The Honda Civic Si holds value better than most sport compacts, losing just 33% after 5 years," says the CarEdge Research Team, based on analysis of 1.2M Honda transactions (Source: CarEdge Annual Depreciation Report, 2026).
Factors That Affect Your Civic Si's Depreciation
Drive fewer miles to slow value loss. Average data assumes 13,500 miles per year. In ZIP 40007 (Prospect, KY area), clean condition and garage storage add 5-10% more retained value due to milder weather.
KBB ranks the 2023 Civic Si in the top 10% for slowest depreciation among sedans. Edmunds 5-year forecast shows $7,386 total depreciation, or $1,477 yearly average for base Civics, slightly higher for Si models (Source: Edmunds True Cost to Own, 2023 Civic).
Tips to Minimize Depreciation
- Keep mileage under 12,000/year: Saves $500+ yearly value.
- Maintain service records: Boosts resale by 8-12%.
- Sell at year 3: Best value point at 81% retained ($24,100).
- Avoid mods: Stock Si models sell 15% faster.
Track your exact rate with Sidekick. Enter your 2023 Civic Si details for a personalized forecast based on real-time market data from 47 local owners. Sidekick updates monthly to show your true ownership costs.
In ZIP 40007, expect slightly lower rates than national averages due to strong Honda demand in Kentucky markets. As of February 2026, used 2023 Si models trade at $24,100 resale (KBB).