Quick Answer

HIGH CONFIDENCE

Do Honda cars have good resale value in Malaysia?

Yes, Honda cars have excellent resale value in Malaysia, retaining approximately 66% of original value after 5 years. Honda Civic maintains 70% value, while Honda City holds 61-74% after 5 years, outperforming most competitors.

Honda Civic 2017 model retains RM92,000-RM107,000 from original RM131,833 (70% retention)

Honda City 2017 maintains RM56,000-RM68,000 from original RM92,000 (61-74% retention)

Honda Accord keeps 55-65% value after 3 years, showing consistent performance

Honda ranks 2nd in Malaysia resale value study, just behind Perodua at 67%

Strong brand reputation and reliability contribute to superior value retention

Honda Resale Value in Malaysia: Why It Matters

Why should I consider resale value when buying a Honda in Malaysia?

Considering resale value protects your investment and ensures better financial returns. Honda's 66% value retention after 5 years means you lose less money compared to brands with poor resale performance.

Strong resale value reduces total ownership cost over time

Better trade-in values when upgrading to newer Honda models

Honda's consistent demand in used car market ensures easier selling process

Superior resale performance compared to many competitors in Malaysia

Related Questions:

  • Which Honda models have the best resale value in Malaysia?
  • How does Honda resale value compare to Toyota in Malaysia?

When buying a car in Malaysia, resale value is one of the most important factors to consider. A vehicle with strong resale value protects your investment and provides better returns when you decide to upgrade or sell.

Honda has established itself as one of the top brands for value retention in Malaysia. According to recent market analysis by Carsome and Carlist.my, Honda vehicles maintain approximately 66% of their original value after five years, ranking second only to Perodua in the Malaysian automotive market.

This comprehensive guide examines Honda's resale performance across popular models including the City, Civic, HR-V, CR-V, and Accord. We'll analyze depreciation rates, compare with competitors, and provide expert tips for maximizing your Honda's resale value.

Honda Model-by-Model Resale Value Analysis

Which Honda model has the best resale value in Malaysia?

Honda Civic has the best resale value, retaining approximately 70% of its original value after 5 years. The 2017 Civic 1.5 TC-P maintains RM92,000-RM107,000 from its original RM131,833 price.

Honda Civic: 70% value retention (best performing Honda model)

Honda City: 61-74% value retention (excellent for compact sedan)

Honda Accord: 55-65% value retention after 3 years (premium sedan)

Honda HR-V and CR-V: Strong SUV resale performance in growing market

Related Questions:

  • How much is a 5-year-old Honda Civic worth in Malaysia?
  • Does Honda City have better resale value than Toyota Vios?

Let's examine the specific resale performance of popular Honda models in Malaysia, based on actual market data and industry analysis.

Our analysis covers five-year depreciation rates, current market values, and factors contributing to each model's value retention.

Honda ModelOriginal Price (2017)Current Resale ValueValue RetentionDepreciation Rate
Civic 1.5 TC-PRM131,833RM92,000 - RM107,00070%19-30%
City 1.5 VRM92,000RM56,000 - RM68,00061-74%26-39%
Accord (3 years)RM200,000+RM110,000 - RM130,00055-65%35-45%
HR-V (Estimated)RM118,000RM75,000 - RM85,00064-72%28-36%
CR-V (Estimated)RM170,000RM105,000 - RM120,00062-71%29-38%

Honda vs Competitors: Resale Value Comparison

How does Honda resale value compare to Toyota in Malaysia?

Honda and Toyota have similar resale values in Malaysia, both maintaining around 66% of original value after 5 years. Honda Civic (70%) outperforms most Toyota models, while both brands rank among top 3 for value retention.

Perodua leads with 67% average value retention across models

Honda ranks 2nd with 66% average value retention

Toyota also maintains approximately 66% value retention

Both Honda and Toyota significantly outperform local brands like Proton

Related Questions:

  • Which brand has better resale value - Honda or Toyota?
  • Why do Japanese cars have better resale value in Malaysia?

To understand Honda's position in the Malaysian market, let's compare its resale performance with major competitors including Toyota, Perodua, and Proton.

According to Carlist.my's comprehensive iCarData study, the resale value rankings in Malaysia show interesting patterns that potential buyers should understand.

Brand5-Year Value RetentionMarket PositionKey Strengths
Perodua67%1st PlaceLocal brand, affordable parts, high demand
Honda66%2nd PlaceReliability, performance, brand prestige
Toyota66%3rd PlaceProven reliability, strong dealer network
Mazda60-65%4th PlacePremium features, lower volume
Proton45-55%Lower tierLocal brand, improving quality

Key Factors Affecting Honda Resale Value in Malaysia

What factors make Honda cars hold their value well in Malaysia?

Honda cars hold value well due to strong brand reputation, proven reliability, extensive dealer network, high market demand, and excellent build quality that ensures longevity and lower maintenance costs.

Brand reputation: Honda's 40+ year presence in Malaysia builds trust

Reliability: Honda engines known for durability and longevity

Market demand: Consistent buyer interest in used Honda models

Dealer network: Comprehensive after-sales support nationwide

Parts availability: Easy maintenance with readily available components

Related Questions:

  • Why are Honda cars so popular in Malaysia's used car market?
  • What makes Honda more reliable than other brands?

Several factors contribute to Honda's strong resale performance in Malaysia. Understanding these factors can help you make informed decisions and maintain your vehicle's value.

**1. Brand Reputation and Trust**

Honda's four-decade presence in Malaysia has built exceptional brand trust. Malaysian consumers associate Honda with quality, reliability, and innovation. This reputation translates directly into higher demand in the used car market.

**2. Proven Reliability and Durability**

Honda's reputation for building long-lasting vehicles is well-deserved. Honda engines are known to run smoothly even after high mileage, with many Honda vehicles exceeding 200,000 kilometers with proper maintenance.

**3. Strong Market Demand**

Consistent demand for popular models like the City and Civic ensures competitive resale prices. High demand creates a seller's market, supporting better value retention.

**4. Comprehensive Dealer Network**

Honda Malaysia's extensive dealer and service network provides confidence to used car buyers. Easy access to authorized service centers and genuine parts supports long-term ownership.

**5. Fuel Efficiency**

Honda's focus on fuel-efficient engines appeals to Malaysian buyers concerned about rising fuel costs. Models with better fuel economy command premium prices in the used market.

Expert Tips to Maximize Your Honda's Resale Value

How can I maximize my Honda's resale value in Malaysia?

Maximize Honda resale value by maintaining complete service records, using genuine parts, keeping low mileage, maintaining excellent condition, choosing popular colors, and timing your sale strategically during high-demand periods.

Service at authorized Honda dealers with complete documentation

Use only genuine Honda parts for repairs and maintenance

Keep mileage reasonable (under 20,000km per year)

Maintain both interior and exterior in excellent condition

Choose popular colors like white, silver, or black when buying

Related Questions:

  • When is the best time to sell my Honda for maximum value?
  • Does servicing at Honda dealers affect resale value?

As a Honda sales consultant, I've seen how proper care and strategic decisions can significantly impact resale values. Here are proven strategies to protect and maximize your Honda's worth.

**1. Maintain Complete Service Records**

Keep detailed maintenance records from authorized Honda dealers. Complete service history can increase resale value by 10-15%. Buyers pay premium for well-documented maintenance.

**2. Use Genuine Honda Parts**

Always use genuine Honda parts for repairs. While aftermarket parts may be cheaper initially, genuine parts maintain warranty coverage and buyer confidence.

**3. Control Mileage**

Keep annual mileage under 20,000 kilometers. Lower mileage vehicles command significantly higher prices in the used market.

**4. Maintain Excellent Condition**

Regular washing, interior cleaning, and prompt repair of minor damages preserve your Honda's appeal. First impressions matter greatly in resale value.

**5. Choose Popular Specifications**

When buying, select popular colors (white, silver, black) and well-equipped variants. These specifications have broader market appeal.

**6. Strategic Timing**

Sell before major model updates or during high-demand periods (Chinese New Year, year-end bonuses). Market timing can impact value by 5-10%.

Future Outlook: Honda Resale Value Trends in Malaysia

Will Honda cars maintain good resale value in the future?

Yes, Honda cars are expected to maintain strong resale value due to hybrid technology adoption, established brand trust, and growing SUV demand. Honda's e:HEV models may show even better value retention.

Hybrid Honda models (e:HEV) expected to have superior resale value

Growing SUV demand benefits Honda HR-V and CR-V resale prospects

Honda's reputation for reliability continues to build market confidence

Government incentives for hybrid vehicles support future value retention

Related Questions:

  • Do hybrid Honda cars have better resale value?
  • Which Honda models will have best resale value in 5 years?

Looking ahead, several trends will influence Honda's resale value performance in Malaysia. Understanding these trends helps in making informed purchasing decisions.

**Hybrid Technology Impact**

Honda's e:HEV hybrid models are expected to show superior resale value as fuel efficiency becomes increasingly important. Early adopters of Honda City e:HEV and Civic e:HEV may benefit from premium resale values.

**SUV Market Growth**

The growing preference for SUVs in Malaysia benefits Honda HR-V and CR-V resale prospects. SUV demand continues to outpace sedan growth.

**Brand Strength Continuation**

Honda's commitment to quality and innovation suggests continued strong resale performance. The brand's reputation remains solid among Malaysian consumers.

**Market Predictions**

Industry experts predict Honda will maintain its top-3 position in resale value rankings. The introduction of more hybrid models should strengthen this position further.

Final Verdict: Honda as a Smart Investment Choice

Based on comprehensive market analysis, Honda represents one of the smartest automotive investments in Malaysia. With 66% average value retention and models like the Civic achieving 70% retention, Honda offers superior protection for your investment.

The combination of proven reliability, strong brand reputation, and consistent market demand creates a compelling case for Honda ownership from a financial perspective.

Whether you're considering a Honda City for daily commuting or a CR-V for family adventures, you can be confident in Honda's ability to preserve value over time.

For the best resale value, consider Honda Civic or City with complete service records, low mileage, and popular specifications. Time your purchase and sale strategically to maximize returns.

Ready to invest in a Honda with excellent resale value? Contact me for personalized advice on selecting the right Honda model for your needs and budget.

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Safwan Din - Honda Sales Consultant

Safwan Din

Honda Sales Consultant

Kuala Lumpur, Malaysia

About Safwan Din

As a dedicated Honda sales consultant, I'm passionate about helping customers find their perfect Honda vehicle. While I'm relatively new to the automotive industry, I bring fresh enthusiasm and a commitment to understanding every customer's unique needs. I believe in honest, transparent communication and building lasting relationships through exceptional service.

My Strengths

Fresh perspective on Honda vehicles
Dedicated to continuous learning
Completed Honda product training
Passionate about customer satisfaction
Fluent in English and Malay

Track Record

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How I Can Help

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