2020 Honda Civic Type R Holds Its Value Over Five Years
The 2020 <a href="https://autoglobalnews.com/mitsubishi-eyes-joint-us-production-with-nissan-and-honda-amid-tariffs/" style="color:#1a73e8;text-decoration:underline;" title="Mitsubishi Eyes Joint US Production with Nissan and Honda Am">Honda Civic Type R might be pricey at $45,895 MSRP today but it's holding its value surprisingly well. It depreciates by just over a grand per year on average.Key TakeawaysThe 2020 Honda Civic Type R lost only $1,084 annually in the first five years of ownership.Average new cars lose about 20% of their value within a year; the Type R doesn't even come close to this over five years.Trading in your car nets you around $27,789 after five years, which is still pretty good considering its initial cost.The Honda Civic Type R has been a go-to choice for ...