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Honda - Insight (2021)
Discover the value of the 2020 Honda Insight – a hybrid that’s earned a reputation for efficiency, quiet performance, and a surprisingly sleek design. With competitors in the compact hybrid segment flooding the market, it’s important to know what is a 2021 Honda Insight worth in today’s selling environment, and how that price compares to the latest listings and used marketplaces.
When people ask about the Honda Insight price, they’re typically looking for three perspectives: the original MSRP, the current roughly-available price for brand‑new models, and the resale range that sellers and buyers encounter on the second‑hand market. Below, we break down each of those angles, giving you a realistic benchmark for decisions that range from budgeting for a new purchase to negotiating a used car trade‑in.
Key Specs (2021 model year)
- Engine: 1.5‑liter, 4‑stroke gasoline engine paired with a 2‑motor all‑electric hybrid system.
- Transmission: Continuously Variable Transmission (CVT), optimized for maximum energy recovery.
- Power output: Combined 116 horsepower and 122 foot‑pounds of torque.
- Fuel type: Hybrid – gasoline + electric. The 2021 model offers an “Eco” mode for extra mileage.
- Capacity: 5 seats, with a rear bench mounting.
- Top speed: 133 mph (regulator‑limited).
- Acceleration: 0‑60 mph in 9.8 seconds.
- Dimensions: Overall length 172.4 inches; wheelbase 105.9 inches; width 70.0 inches; height 56.9 inches.
- Fuel economy: EPA rating 52 mpg city / 48 mpg hwy / 50 mpg combined.
- Warranty: 3‑year/36‑000‑mi powertrain, 5‑year/60‑000‑mi standard; 6‑year/60‑000‑mi battery protection.
- Weight: Approx. 3,240 lbs.
- Infotainment: 7‑inch touchscreen, Apple CarPlay, Android Auto, 8‑speaker system, and a driver‑assist suite including adaptive cruise, lane‑keep assist, and a pre‑collision braked‑system.
- Tires: 215/55R18 all‑season performance tires.
These figures illustrate why the Honda Insight price sits comfortably in the compact hybrid segment: lower than a traditional gasoline sedan yet above many plug‑in hybrids with fewer luxury features.
Depreciation and Value: How Quickly the Insight Trims Its Value?
Like all cars, a Honda Insight depreciation curve exists, but hybrids normally hold their value a bit better than pure gasoline engines do, thanks to declining fuel costs and growing environmental consciousness. Below is a realistic guide and typical numbers for 2021 models:
- First Year: The Honda Insight typically loses about 15‑20% of its purchase price in the first calendar year. For example, a 2021 Honda Insight that bought for $22,500 would see its value fall to around $18,000–19,000 by the end of 2022.
- Second Year: Depreciation slows to around 10‑12%, so an early‑2005 Insight would likely be valued near $15,500–$17,000.
- Third Year: Expect 5‑8% yearly. A 2021 model OEM price of $21,000 would be around $17,500–$19,000 by 2024.
- Long-Term: After five years, the hybrid typically retains roughly 50‑55% of its original purchase price, which is higher than many non‑hybrid compact cars that often dip below 45% at that point.
What is a 2021 Honda Insight worth? To answer that, consult the intersection of MSRP, market timing, condition, mileage, and local demand. Due to variable market factors – from changes in federal electric‑vehicle incentives to local supply constraints – buying or selling a used Insight at a specific price is best approached with real‑time data from your local dealership or reputable auction listings.
Comparison Context: How Does the Insight Stack Up?
- Toyota Prius: Prius generally trades at 10‑15% lower price points for similar mileage, partly due to a more established plug‑in hybrid sub‑segment. Insight offers a slightly sportier drive and an updated interior.
- Kia Niro: The Niro: hybrid or plug‑in offers a lower starting MSRP compared to the Insight, but the Niro’s interior is more SUV‑like. In terms of fuel economy, Insight’s combined 50 mpg remains among the highest in the compact segment.
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Last 20 car trackeds
Last tracked date Status Price Price rank Link 2 years ago used US$21,223.00 Unlock all links 2 years ago used US$18,000.00 Unlock all links 2 years ago used US$13,995.00 Unlock all links 2 years ago used US$13,995.00 Unlock all links Note that old links may not work