The resale value of 2023 Honda models in Malaysia hinges on factors like the specific variant, mileage, maintenance history, and market demand-supply dynamics. Popular models such as the City or CR-V typically see a first-year depreciation of around 15-20%, followed by roughly 10% each subsequent year. However, hybrid models might depreciate slightly more due to concerns over battery lifespan. Malaysian consumers can check local used car platforms like Carlist or Mudah for listing prices. It's also crucial to note whether the original factory warranty is transferable and how a complete service record can positively impact residual value. Notably, Honda's i-MMD hybrid system's fuel efficiency advantages could bode well for residual values after long-term use. For sellers, it's advisable to get a professional inspection report through PUSPAKOM before any transaction and keep an eye on whether there are promotional offers for the same new models, as new car discounts directly influence the used car market.
