2024 Honda AccordTrue Cost of Ownership in United Kingdom
192 hp turbocharged inline-4, popular midsize sedan. Full cost breakdown including import duty (6.5%), VAT (20%), insurance, fuel at £1.75/L, maintenance, and depreciation.
Purchase Price
$36K
Base: $28K
Annual Total
$14K
Insurance + fuel + maintenance
Import Duty
$2K
6.5% of base price
VAT
$6K
20% applied
Annual Insurance
$3K
Avg for this country
5-Year Total
$108K
Purchase + 5yr running costs
2024 Honda Accord — Full Cost Breakdown in United Kingdom
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $28K |
| Import Duty (6.5%) | $2K |
| VAT / Sales Tax (20%) | $6K |
| Total Purchase Price | $36K |
| Annual Insurance | $3K |
| Annual Fuel Cost | $2K |
| Annual Maintenance | $3K |
| Annual Depreciation | $6K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $14K |
| 5-Year Total Cost of Ownership | $108K |
| Cost Per Kilometer | $0.964 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Honda Accord Fuel Cost Calculator — United Kingdom
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,100
USD equivalent
Monthly Fuel Cost
$175
Per month average
Annual Liters Used
1,200L
At 15,000 km/yr
Cost per 100km
$14.00
8L × £1.75
Honda Accord Depreciation Curve
The Honda Accord loses approximately $15K (54%) of its value over 5 years.
Year-by-Year Value
| New | $28K | 100% |
| Year 1 | $22K | 78% |
| Year 2 | $19K | 67% |
| Year 3 | $16K | 58% |
| Year 4 | $14K | 51% |
| Year 5 | $13K | 46% |
Depreciation based on mid-range segment averages.
Honda Accord vs. Competitors in United Kingdom
How does the Honda Accord compare to similar cars available in United Kingdom?
Honda
Accord
Base Price
$28K
Annual Cost in United Kingdom
$14K
Toyota
Camry
Base Price
$28K
Annual Cost in United Kingdom
$7K
Mazda
Mazda6
Base Price
$27K
Annual Cost in United Kingdom
$7K
Annual costs estimated for United Kingdom market. Import duty (6.5%) and VAT (20%) applied to all models.
🇬🇧 Owning a Car in United Kingdom
ULEZ zones add costs in cities.
Moderate for United Kingdom
Annual car costs = 32% of average United Kingdom income ($45K/yr)
Average Annual Income
$45K
In United Kingdom
Fuel Price
£1.75/L
Gasoline dominant
Avg Car Insurance
$3K
Per year
Import Duty
6.5%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Left-hand
Europe
Popular Car Brands in United Kingdom
Honda Accord in United Kingdom — Frequently Asked Questions
Common questions about owning a Honda Accord in United Kingdom.
The 2024 Honda Accord has a base price of $28,000 USD. In United Kingdom, after 6.5% import duty and 20% VAT, the total purchase price is approximately $35,784 USD (£35,784 GBP).