Honda Accord

Mid-Size Sedan

 

2011 Honda Accord

For the sixth time in the last seven years, the Honda Accord has been honored with Vincentric’s Best Value in America award, outpacing the 2nd place Toyota Camry and 3rd place Buick Regal in 2011.  The Accord provided ownership costs of 6.2% lower than expected, and was able to show that it provides unsurpassed value in this highly competitive mid-size sedan segment.
 

2011 Honda Accord LX 4D Sedan at
Cost Item Year 1 Year 2 Year 3 Year 4 Year 5 Total
Depreciation: $5,424 $1,806 $1,806 $1,629 $1,358 $12,023
Fees & Taxes: 1,203 81 87 74 80 $1,525
Finance: 904 725 535 334 121 $2,619
Fuel: 1,701 1,762 1,825 1,890 1,957 $9,135
Insurance: 1,066 1,055 1,044 1,035 1,025 $5,225
Maintenance: 137 193 1,037 285 226 $1,878
Opportunity Cost: 43 69 98 132 161 $503
Repairs: 0 0 325 541 541 $1,407
Total: $10,478 $5,691 $6,757 $5,920 $5,469 $34,315
Vincentric's Best Value in America awards are based on the model level average of all trim levels within the model.  Ownership costs for each trim level are measured at annual mileages of 10,000, 15,000, and 20,000.  Results shown above assume 15,000 miles per year for the trim level described.

 

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