What is the Reslae Value of Honda City Hatchback?

The resale value of the Honda City Hatchback is influenced by multiple factors, including the vehicle's age, condition, mileage, market demand, and configuration version. Generally speaking, Honda models have an above - average resale rate in the local market. Take the City Hatchback launched in 2021 as an example. The new car price of the entry - level 1.5 S is about RM75,000. After three years of use, the second - hand price is approximately between RM55,000 and RM60,000 (depending on the vehicle's condition), which means it retains about 70% - 75% of its original value. If you choose the higher - spec V or RS versions, the residual value may be slightly higher, but it is also affected by mileage and maintenance records. The Honda brand is quite popular in the Malaysian second - hand car market, especially the City series with a vehicle age of less than five years. Due to its fuel economy and reliability, there is a consistent demand for them. It is recommended that before selling your car, you ensure regular maintenance, keep a complete maintenance record, and refer to the recent transaction prices of the same model to get a more reasonable second - hand valuation. However, the actual price still depends on market fluctuations and the buyer's bargaining situation.