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How much is Honda Civic Si depreciation?
I have a Honda Civic Si that I bought recently, but due to unforeseen circumstances, I’m thinking about selling it. That’s not set in stone, but I just want to know if I’ll be eating a ton of depreciation if I do. What’s the average amount of depreciation on the Honda Civic Si?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Sorry to hear about your situation, but you’ll be glad to know that your car isn’t going to depreciate all that much. The Honda Civic Si depreciation around 17% over five years, which is remarkably low compared to other vehicles in its segment.
The unusually low depreciation is due to the low supply and high demand of the vehicle. Long story short, the Civic Si is a great collector’s car. So if you really need to sell it, you shouldn’t get a ton of loss on depreciation alone.
Alternatively, you can always look to lower your
Honda Civic Si insurance costs
through the Jerry
app. With the ability to compare quotes from reputable insurers, you may be able to find the savings you need.Jerry is a
licensed broker
and insurance comparison tool that collects quotes from over 55 top-rated insurers in just 45 seconds. After you find a great rate, Jerry can help you buy new insurance and cancel your old policy. Users save an average of $800+ per year.View full answer
- Gregory R.
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