Which Honda Ballade trim depreciates the fastest?
The Ballade badge has served Honda well from a local context, securing solid sales figures spanning several generations. An all-new model was released at the end of 2020 so in today’s piece, we’ll be looking at which Ballade variants from the previous generation depreciate the fastest.
Which Honda Ballade trim depreciates the fastest?
The first-ever Honda Ballade was introduced to the local market way back in 1982, meaning that the history of this compact sedan dates back nearly four decades. Interestingly, the recipe for the Ballade has not changed much, with naturally aspirated petrol engines, bulletproof reliability, a familiar sedan body style and an emphasis on providing as much space as possible all qualities as present in the current lineup as they were nearly 40-years ago.
For today’s comparison, we are using the updated seventh-generation Ballade models registered between 2017 and 2018 with less than 100 000km on the odometer to determine which model depreciates the fastest. The models used for the comparison was available in five variants, with our criteria requiring at least five examples of each derivative to qualify for the depreciation calculation. There were nearly 40 examples that qualified for our comparison with all of our parameters in place, however, there were only two Executive CVT models listed, meaning that we had to remove that derivative from the equation. Let us look at the results.
2017/2018 Honda Ballade Trend manual
New Price: R238 800
Average Current Price: R187 413.33
Value Retained: 78.48%
The entry-level model within the Ballade range was the second mode common derivative found during our search and surprisingly, it appears to be the
2017/2018 Honda Ballade Trend auto
New Price: R254 200
Average Current Price: 195 311.27
Value Retained: 76.83%
The Trend auto derivative within the Ballade range was the most common model found during our search, with eleven examples listed, leading to a solid second place for this derivative.
2017/2018 Honda Ballade Elegance manual
New Price: R267 800
Average Current Price: R181 125
Value Retained: 67.63%
The mid-spec Elegance manual models appear to be the ballade derivatives that hold their value the least versus other models in the lineup, losing out by nearly 10% to the winner.
2017/2018 Honda Ballade Elegance auto
New Price: R283 200
Average Current Price: R203 930
Value Retained: 72%
The Elegance auto derivative was the third-best in terms of value retention in this test, coming close to the two Trend models, but ultimately losing out by between 4-6%.
Which one depreciates the fastest?
Having looked at the figures, it is the two entry-level Trend models that were both the most numerous and the models that held their respective values best, with the Trend manual derivative coming out on top and the Trend auto a close second.
