Midsize Sedan

Honda Accord

The Honda Accord is a midsize sedan with a starting purchase price of $29,500 and an EPA combined rating of 32 MPG. Below is our 0–200,000 mile lifecycle TCO analysis displaying marginal depreciation, maintenance trajectories, and the optimal buy/sell ownership window.

Optimal Buy/Sell Analysis

Marginal cost of each additional 10k miles: shrinking depreciation plus rising maintenance traces the U-curve. The shaded Optimal Ownership Window marks the statistically optimal buy/sell mileage window, net of transaction friction.

If you buy at 0k mi and sell at 150k mi, your true cost is $6,219.62 per 10k mi, transaction friction included.

Results

Details: Honda Accord

Sticker Price: $29,500

Total Net Cost per 10k mi

$6,219.62

Asset Costs

$2,902.77

Depreciation: $1,479.00
Maintenance: $1,400.93
Exit friction: $22.84

Running Costs

$3,316.85

Financing: $253.58
Opportunity Cost: $188.27
Fuel: $1,375.00
Insurance: $1,500.00

Monthly payment$652.16

Total interest paid$3,803.74

Amount financed$27,500