View Single Post
  #2 (permalink)  
Old 07-17-2006, 10:17 PM
GreenAndBlue GreenAndBlue is offline
Rarely post anything
 
Location: Northern IL
Hybrids: 2006 Civic Hybrid
Posts: 275
Default Re: Residual value for 2006 Accord Hybrid?

I don't know what the 3-yr rate is on an Accord Hybrid, but the Accord line comes out to 51-53%, depending on trim line (EXs go for 53%, LXs for 51%, according to ALG). The Hybrid is closest to the EX, so I'd say that rate is pretty close, IMO.

The Accord is blessed (or cursed, in your application) with a very high residual - until recently, it was the car with the highest residual value you could buy (the Mini Cooper now holds that distinction).

I got about that rate when I traded my '01 EXV6 (purchased) for the '05 HAH (also purchased). The '01 had 86K on the clock, so I got a pretty good deal on my trade (should have been in the low / mid-40's, given the year / mileage).

As for the Civic - the 58% rate seems high. But it's probably risen due to the fuel economy of the vehicle relative to its brethren in the same carline (ie; LX / EX Civics would have about the same 50-ish rate as the Accord or a tiny bit lower, so the HCH residual must get a boost given gas price forecasts for the forseeable future). Or, the person who provided that figure was off, for whatever reason.

.

Mark

Sometimes we could all use a little less


My hybrid automobiles:

Current:
2006 Honda Civic Hybrid (CVT, w/o Nav)
Magnetic Pearl / Blue - 008661, born 12/28/05
Mods: Neck pillows, Garmin C330 Nav, Draw-tite 1.25" hitch (for bikes, not towing!), Pioneer Inno XM receiver via Aux jack, OEM mud flaps, more to come!


Hypermiler status on 3/12/06 @ 3077mi.

Previous:
2005 Honda Accord Hybrid (5AT/Navi)
Desert Mist / Ivory - 001254
Retired 1/21/06 - LMPG 34.1

New to the site ? Have a question ?
'Search' is your friend - there's a good chance someone has asked / answered your question already, so give it a try!

Reply With Quote