One of the Japanese-made cars that are aggressively penetrating the US and the European markets is Honda. If you are planning to sell your car for a new one in the future, it would be a good idea to invest in a Honda because the resale value of the vehicles created by this Japanese car manufacturer is always reasonable, if not high. By the way, Honda is also a maker of motorcycles and other types of vehicles. One of the most popular models of Honda is the Accord sedan, whose 2007 model can sell for about $21,000 to $30,000. This particular car competes with Nissan Altima, Ford Taurus, and Toyota Camry. It usually receives high marks from consumer groups for its engine, brakes, transmission, and electrical systems.
Another type of Honda car that is considered as a top seller is the Honda Civic, a mid-sized sedan that is sold for about $15,600 to $30,000, depending on the engine and transmission types. The known competitors of this type of model include Volkswagen GTI, Mitsubishi Lancer Evolution, Nissan Sentra, and Mazda 3. Because of the growing number of people who are getting concerned with the environment and the scarcity of fossil fuels, the Civic Hybrid (which is a compact sedan) is also starting to make a buzz in the US and Europe. The direct competitor of Civic Hybrid, which has a suggested retail price of about $23,000, is Toyota Prius. If you have a hybrid car, there is a bigger chance that you will be able to sell your car fast in a market that is starting to grow more concerned about the environment.rom the resale value of your Civic Hybrid.
If I Sell My Honda, What Is My Honda Worth?
In order to get an idea of how much you can sell your car, you must check car websites on the Internet. Take the case of a 2006 Civic which, based on figures from car guide websites and magazines, is sold at $14,000 to $20,000 in the market while approximately $13,000 if used. This is pretty high in comparison to the resale value of, say, a 2006 Nissan Sentra (sold at $13,000 to $18,000 in the market) which can be sold for around the $11,000-range if used.