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Why does the resale value on a Honda go down slowly???
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HackedB     Reply with quote
For example l see a 1992 Honda Prelude for sale it is worth $4,332 but it has 121,000 miles!

l see Hondas with over 135k miles and are at least 13 years old and are worth over $2,000! Why is that? do they last at least 200k miles or something?

Do not you think it is a little pricey?
Wil     Reply with quote
Hondas are reliable & get good gas mileage;-} & in demand.
The timing belt should be replaced every 200k miles.
North     Reply with quote
Hondas do have a reputation for going 300k+ with no major repairs(maybe a trans, and a little bit of oil burning)

as long as they are properly maintained and not abused, they will last quite a while

Not only that, they are the best quality import made in the late 80 is through the 90 is and even now

The timing belt should be replaced every 90k, not 200k as stated above
zofta2     Reply with quote
Honda is will easily run for over 250,000 miles with regular maintenance, they get great gas mileage and they are nice driving cars. This is why they hold their value so well.
Coach     Reply with quote
mine has 340,000 miles on the original motor..and still running strong with no oil burns or problems at all..and people still hit me up to sell it.92 vx hatchback..still getting roughly 40 mpg street and 50 mpg highway.
Kim     Reply with quote
l agree it is a little pricey! But for Honda owners this is good news. It only points out that Honda is a good buy. l had a Honda Civic EG Hatchback 1993 B16A model with 102,000 Miles which l sold last year around October for $3,850.00. l now drive a 1997 Honda Civic Sedan B16E EK Series with only 26,000 Miles. l inherited it from my brother. It runs great!!! Maybe Honda built this car for people like me to drive & have fun. Maybe that is why it is a little pricey. Hope l helped a little to clear things up. Cheers.
Lostyo     Reply with quote
Hondas r not pricey at all; in fact, used Honda prices r likely much lower than their actual values. AutoOnInfo.net is reliability/durability studies suggest that a 26-year-old typical 1999 Honda will be about as reliable as a typical 1999 General Motors vehicle was at 3 years of age. This suggests that a true value of a 1992 Honda should be (assuming that a 3-year-old GM is really worth something more than $4,000) in the 5 digits rather than the 4 digits. The fact that a 1992 Honda is not so valued suggests that prospective buyers want a very hefty discount for the possibility that there was an abusive owner at some point in the vehicle is history.
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