Honda's 2021 Accord enters its sixth year on the market with a proven track record of reliability and award recognition. The midsize sedan segment's reigning benchmark vehicle has demonstrated how well it holds value compared to competitors.
The 2021 Accord started at roughly $34,000 for the base LX trim with a 1.5-liter turbocharged engine producing 192 horsepower. EX and Touring trims pushed pricing higher, with the fully loaded Touring sedan commanding over $38,000 before options. Five years later, used examples show real-world depreciation patterns that matter to buyers considering long-term ownership.
Depreciation data reveals the Accord loses approximately 35 to 40 percent of its original MSRP over five years, depending on trim level and mileage. A well-maintained 2021 Accord LX with average mileage trades hands in the $20,500 to $21,500 range today. Higher trims like the Touring depreciate more steeply in dollar terms but maintain stronger percentages of their original value due to stronger initial demand.
This depreciation trajectory reflects the Accord's reputation for longevity and low maintenance costs. Buyers value Honda's 3.5-liter V6 reliability record, even as the turbocharged engine option proves equally durable. The sedan's proven powertrain, spacious interior, and accessible infotainment system keep resale demand steady across model years.
Market conditions over the past five years shaped these numbers significantly. Post-pandemic used car inflation artificially boosted 2021 model values in 2022 and 2023, making current depreciation steeper than historical averages. Still, the Accord outpaces competitors like the Toyota Camry and Nissan Maxima in value retention