What is the book value of a 1998 Honda Accord?

There isn’t a single fixed book value for a 1998 Honda Accord; in the U.S. market as of 2025, most private‑party transactions typically fall in the rough range of $700 to $3,000, with well-kept, low‑mile examples sometimes higher and rough or non‑running cars often under $1,000. Dealer retail asking prices can be higher—commonly around $1,500 to $4,000—while trade‑in values tend to be lower than private‑party prices. Actual value depends heavily on trim, mileage, condition, maintenance history, and local market demand.

Why there’s no single “book value”

Price guides like Kelley Blue Book (KBB), J.D. Power/NADA, and Edmunds each use different data sources and algorithms, and they split values into private‑party, trade‑in, and dealer retail categories. For a 27‑year‑old vehicle, condition, rust, maintenance, and local supply play an outsized role, so real‑world selling prices can diverge from guide estimates. Pandemic-era volatility elevated older-car prices through 2022; values generally softened through 2024–2025, but regional pockets of high demand for reliable budget transportation remain.

Typical ranges you can expect in 2025

The following ranges summarize what buyers and sellers commonly encounter for a 1998 Accord today. These are broad, market-informed estimates meant to frame expectations; verify with live pricing tools and local comps.

• Non-running or parts cars: often $0–$800, depending on scrap value and completeness.
• Fair condition, high miles, cosmetic/mechanical needs: roughly $800–$1,500 private‑party.
• Good condition, average miles for age, no major issues: roughly $1,500–$2,800 private‑party.
• Very good/excellent, low miles, strong records: roughly $2,800–$3,800+ private‑party.
• Dealer retail asking prices: commonly $1,500–$4,000 (sometimes higher for exceptional cars).
• Trade‑in values: typically lower than private‑party—often around half to two‑thirds of retail asking, adjusted for condition.

These ranges vary by region, season, and trim (DX, LX, EX; 4‑cyl vs. V6; coupe vs. sedan; manual vs. automatic). A rust‑free, one‑owner EX with service records can command a premium, while a high‑mile car with deferred maintenance can sell quickly only at the lower end.

What affects value most

Several factors move the price more than model year alone. Understanding these will help you refine an estimate.

• Condition and maintenance: documented timing belt/water pump services (4‑cyl), transmission health (especially V6 automatics), suspension/brakes, and functioning A/C.
• Mileage: lower, verifiable mileage usually adds value; unusually high mileage lowers it unless maintenance is impeccable.
• Rust and structural integrity: underbody, rear quarters, and suspension mounting points; rust can be a deal‑breaker.
• Trim and drivetrain: EX trims, V6 power, and rare manual transmissions can draw more interest; coupes can be niche.
• Title status and history: clean title with no accidents is worth more; salvage/rebuilt titles significantly reduce value.
• Region and timing: urban areas with strong demand for budget commuters can support higher prices; winter can reduce buyer activity in cold climates.
• Modifications: tasteful, reversible maintenance upgrades are fine; heavy or poorly executed mods often reduce value.

In practice, a clean, stock car with comprehensive records nearly always sells faster and at a stronger price than a cosmetically refreshed but mechanically neglected example.

How to look up the current book value

Use multiple guides and real‑world listings to triangulate a value that matches your specific car and location.

1. Gather details: VIN, exact trim (DX/LX/EX), engine (I4 or V6), transmission, body style (sedan/coupe), options, color, mileage, ZIP code, and condition notes.
2. Check price guides: input the details into Kelley Blue Book (KBB), J.D. Power/NADA, and Edmunds; record private‑party, trade‑in, and dealer retail figures.
3. Compare local comps: search recent listings and completed sales in your area (age, miles, condition, trim) to see what actually sells.
4. Adjust for reconditioning: estimate immediate needs (tires, brakes, timing belt, windshield, A/C, emissions) and subtract from guide values.
5. Document value‑add items: add modest premiums for new major components, fresh timing belt (4‑cyl), recent transmission service, and full service records.
6. Get an inspection: a pre‑purchase inspection or smog/emissions pass can confirm condition and support price.

By combining guide estimates with local market evidence and objective inspection results, you’ll arrive at a credible, defensible number for your specific vehicle.

Red flags that depress value

Older Accords can be durable, but certain issues materially reduce price and buyer interest.

• Automatic transmission slip or harsh shifts (notably on some V6 models).
• Rust perforation, structural corrosion, or airbag/SRS warning lights.
• Overheating, head gasket symptoms, unresolved check‑engine lights or failed emissions.
• Salvage/rebuilt/flood titles, missing catalytic converter, or odometer discrepancies.
• Significant oil leaks, worn engine mounts, or severe suspension clunks.

If any of these apply, expect to price at the lower end of the range or budget for repairs before listing.

When a 1998 Accord can be worth more

Exceptional examples still command attention and stronger prices.

• One‑owner, low‑mile cars with full maintenance documentation.
• EX trim, especially rare manual transmission configurations.
• Rust‑free cars from dry climates, original paint in good condition.
• Recent major maintenance: timing belt/water pump (I4), brake/suspension refresh, quality tires, and cold A/C.

While these cars are not “collector” vehicles in the traditional sense, scarcity of clean, unmodified examples can create meaningful premiums.

Private‑party vs. trade‑in vs. dealer retail

Expect private‑party prices to sit between trade‑in and dealer retail. Dealers add reconditioning costs, inventory carrying costs, and warranty/return policies, which is why their asking prices are higher. Conversely, trade‑in offers price in auction risk and reconditioning, so they’re typically the lowest figure you’ll see for the same car.

Bottom line

For a 1998 Honda Accord in 2025, a realistic private‑party value usually lands between about $700 and $3,000, with dealer retail commonly higher and trade‑in lower. To get an accurate number for your specific car, run it through multiple pricing guides, validate with local comps, and adjust for condition, maintenance, and any immediate repair needs.

Summary

A 1998 Honda Accord doesn’t have a single book value; current U.S. private‑party prices commonly range from roughly $700 to $3,000, depending on condition, mileage, trim, and location. Use KBB, J.D. Power/NADA, and Edmunds alongside local comparable sales, then adjust for maintenance, rust, title status, and repairs to pinpoint a credible figure for your specific car.

How much is my 1998 Honda Accord worth?

A 1998 Honda Accord is generally worth between $400 and $2,500, depending on its specific condition, mileage, and features. For a more precise value, you should use online appraisal tools like Edmunds or Kelley Blue Book (KBB), as they consider factors like your location and the vehicle’s trim level.
 
Factors influencing value

• Condition: A car in excellent condition with no mechanical issues or major cosmetic flaws will command a higher price. 
• Mileage: Lower mileage typically increases the vehicle’s value. 
• Trim level: Higher trim levels, such as the EX or EX-L, often have more features and are worth more. 
• Location: Prices can vary by region, so checking local listings on sites like Autotrader or Cars.com is helpful. 

How to get a precise valuation

1. 1. Use Appraisal Tools: Go to websites like Edmunds or Kelley Blue Book and enter your car’s specific details to get a free valuation. 
2. 2. Check Local Listings: Browse Autotrader and TrueCar to see what similar 1998 Honda Accords are currently listed for in your area. 

How much is a 1988 Honda Accord worth?

A 1988 Honda Accord’s worth varies significantly by condition, with low-mileage, original examples selling for thousands of dollars, as seen in recent auction sales, while typical examples in fair condition may be valued at only a few hundred dollars, according to J.D. Power. Factors like the specific trim level (e.g., EX, LX, LXi), mileage, transmission type (manual or automatic), and the car’s overall originality and condition, including the presence of repairs and maintenance, all greatly influence its price. 
Factors influencing the value:

• Condition: Cars in original, well-preserved condition, especially those with low mileage and a history of careful maintenance, command higher prices. 
• Trim Level: Higher-end trims like the LXi and Si are often more valuable than the base DX model. 
• Mileage: Lower mileage is a strong indicator of higher value, with some low-mileage examples selling for thousands at auction. 
• Transmission: Manual transmissions can sometimes add value to these classic cars, particularly in sporty models like the Si. 
• Originality: Original paint, interior, and components are desirable. 
• Service History: A complete and well-documented maintenance history shows the car has been cared for and increases its value. 

Price Ranges:

• For collectors or enthusiasts: Cars in excellent, original condition with low mileage can sell for thousands, with some examples reaching upwards of $9,000 to over $17,000 at auction. 
• For everyday use: A 1988 Accord in average to fair condition might be worth around $1,200 to $3,225 according to J.D. Power. 
• As a project car: If the car needs significant work, its value could be just a few hundred dollars.

To find a more accurate valuation:

• Check online resources: Classic.com and Bring a Trailer and Cars & Bids provide data on recent sales and listings for similar models, offering a good benchmark for pricing. 
• Inspect the car: Assess its mechanical condition, body work, interior, and any potential issues. 
• Consult with experts: Reach out to classic car specialists or reputable appraisers for a professional valuation. 

How many miles will a 1998 Honda Accord last?

A well-maintained 1998 Honda Accord can easily last over 200,000 miles, and many have even reached 300,000 miles or more. The longevity of any vehicle, including a Honda Accord, depends heavily on the level of maintenance and care it receives throughout its life. 
Here’s why a 1998 Honda Accord can last so long, and what factors contribute to its lifespan:

• Reliable Engine: . Opens in new tabHonda Accords are known for their durable engines, which are capable of lasting well over 200,000 miles with proper maintenance. 
• Regular Maintenance: . Opens in new tabPerforming routine maintenance tasks like oil changes, tire rotations, and timely replacements of parts like the timing belt are crucial for extending the car’s lifespan. 
• Driving Habits: . Opens in new tabModerate driving habits, avoiding aggressive acceleration and braking, and regular freeway driving can also contribute to a longer lifespan. 
• Example of Longevity: . Opens in new tabA Reddit user on r/BuyItForLife shared a story of a 1998 Honda Accord that clocked over 266,000 miles, serving their family for over 20 years. 
• Beyond 200,000 Miles: . Opens in new tabWhile 200,000 miles is often cited as a good lifespan for a Honda Accord, with proper care and maintenance, it’s not uncommon for these vehicles to exceed that milestone and reach 300,000 miles or more. 

What is the resale value of a Honda Accord?

The Honda Accord holds its value well compared to other sedans, with one source reporting it retaining 82% of its MSRP value after 5 years, which is higher than the average for its category and overall. However, new Honda Accords depreciate faster than older models due to the rising cost of new cars, but their reputation for reliability, safety, and performance ensures strong resale value compared to many competitors.
 
Key Factors Influencing Resale Value

• Reliability: The Accord’s reputation for dependability helps maintain strong resale value. 
• Safety Scores: Top safety ratings contribute to its appeal in the used car market. 
• Performance: Steady and strong performance makes the Accord a desirable vehicle for many buyers. 
• Hybrid Models: The hybrid Accord also holds its value well, retaining 18% depreciation over 2 years as of 2023, according to Kelley Blue Book. 

How to Determine Current Value

• Kelley Blue Book (KBB): Provides detailed depreciation and resale value for specific model years. 
• Edmunds: Offers an appraisal tool to get a more accurate value based on vehicle condition and mileage. 
• iSeeCars.com: Publishes data on depreciation and resale value over different timeframes. 

General Trends

• Higher Initial Depreciation: . Opens in new tabNewer models may experience a higher rate of depreciation due to the increased cost of new vehicles. 
• Strong Mid-Range Retention: . Opens in new tabEven with increased initial depreciation, the Accord’s long-term value retention is considered excellent for its class.