Mid-RangeModel Hub

Honda Ridgeline Black Edition

280 hp V6. Compare true ownership costs across 50 countries — purchase price, import duties, insurance, fuel, and annual running costs.

2024

Base Price

$45K

USD MSRP

Cheapest Country

🇻🇪 Venezuela

$10K/yr

Most Expensive

🇸🇬 Singapore

$27K/yr

5-Year TCO (US)

$123K

Total cost of ownership

Countries Tracked

Full cost breakdown

Years Available

Model years tracked

⛽

Fuel Efficiency

~8L / 100km

At 15,000 km/yr, approx. 1200 litres annually

📉

3-Year Depreciation

42% loss

Loses ~$18,900 from $45,000 base in 3 years

🔧

Annual Maintenance

$1,400

Typical for Mid-Range segment in developed markets

🏷️

Segment

Mid-Range

Competes in the Mid-Range segment globally

About This Model

Mid-Range Segment: The Sweet Spot of Ownership Economics

Mid-range models represent the optimal balance between purchase price, running costs, and resale value. They attract the widest buyer base in the used-car market, which supports residual values and reduces the effective depreciation cost. Modern mid-range vehicles include safety and technology features that were exclusive to luxury models just five years ago, further improving the value proposition. In most markets, mid-range models qualify for the most competitive finance rates, reducing the total cost of acquisition for buyers who do not purchase outright.

The Honda Ridgeline Black Edition is a Mid-Range-segment vehicle with a base price of $45,000 USD. 280 hp V6. Across 50 countries, annual ownership costs range from $10K in Venezuela to $27K in Singapore — a 167% difference driven by import duties, fuel prices, insurance markets, and local taxation.

Annual Cost Snapshot (US)

Depreciation

$9,900

Insurance

$1,900

Fuel

$1,140

Maintenance

$1,900

Registration

$450

Total Annual$15,290

Full US Breakdown

Interactive Chart

Honda Ridgeline Black Edition — Annual Cost by Country

Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

Depreciation Curve

How Fast Does the Ridgeline Black Edition Lose Value?

Starting at $45,000, the Honda Ridgeline Black Edition retains 46% of its value after 5 years — losing $24,300 in total.

Year 1

$35,100 (78%)

Year 2

$30,150 (67%)

Year 3

$26,100 (58%)

Year 4

$22,950 (51%)

Year 5

$20,700 (46%)

Market Value Over 5 Years

Cost Composition

What Makes Up the Annual Cost?

Annual ownership cost in the United States: $15,290. Depreciation is the largest single cost at 65% of total annual spend.

Depreciation

$9,90065%

Insurance

$1,90012%

Fuel

$1,1407%

Maintenance

$1,90012%

Registration

$4503%

Country Rankings

Where Is the Ridgeline Black Edition Cheapest & Most Expensive?

🏆5 Cheapest Countries to Own

#1🇻🇪

Venezuela

Purchase: $63K

$10K/yr

#2🇮🇷

Iran

Purchase: $93K

$10K/yr

#3🇧🇩

Bangladesh

Purchase: $129K

$12K/yr

#4🇪🇬

Egypt

Purchase: $72K

$12K/yr

#5🇳🇬

Nigeria

Purchase: $65K

$12K/yr

💸5 Most Expensive Countries to Own

#1🇸🇬

Singapore

Purchase: $69K

$27K/yr

#2🇭🇰

Hong Kong

Purchase: $97K

$23K/yr

#3🇩🇰

Denmark

Purchase: $141K

$18K/yr

#4🇬🇧

United Kingdom

Purchase: $58K

$18K/yr

#5🇮🇱

Israel

Purchase: $96K

$18K/yr

50 Countries

Honda Ridgeline Black Edition — Annual Cost by Country

Based on 2024 model. Includes insurance, fuel (15,000 km/yr), maintenance, depreciation, and taxes.

#	Country	Purchase Price	Import Duty	Insurance/yr	Fuel/yr	Annual Total	Details
1	🇻🇪Venezuela	$63K	20%	$100	$12	$10K	View
2	🇮🇷Iran	$93K	90%	$150	$60	$10K	View
3	🇧🇩Bangladesh	$129K	150%	$200	$960	$12K	View
4	🇪🇬Egypt	$72K	40%	$450	$456	$12K	View
5	🇳🇬Nigeria	$65K	35%	$550	$660	$12K	View
6	🇷🇺Russia	$62K	15%	$700	$744	$12K	View
7	🇺🇦Ukraine	$59K	10%	$500	$1K	$12K	View
8	🇵🇪Peru	$58K	9%	$600	$1K	$13K	View
9	🇶🇦Qatar	$47K	5%	$1K	$228	$13K	View
10	🇮🇳India	$115K	100%	$350	$1K	$13K	View
11	🇵🇰Pakistan	$79K	50%	$450	$2K	$13K	View
12	🇸🇦Saudi Arabia	$54K	5%	$1K	$288	$13K	View
13	🇮🇩Indonesia	$70K	40%	$650	$900	$13K	View
14	🇬🇭Ghana	$62K	20%	$650	$1K	$13K	View
15	🇲🇾Malaysia	$62K	30%	$950	$624	$13K	View
16	🇻🇳Vietnam	$84K	70%	$450	$1K	$13K	View
17	🇵🇭Philippines	$66K	30%	$750	$1K	$13K	View
18	🇹🇭Thailand	$87K	80%	$850	$1K	$13K	View
19	🇦🇪UAE	$50K	5%	$1K	$504	$13K	View
20	🇰🇪Kenya	$65K	25%	$750	$2K	$13K	View
21	🇲🇽Mexico	$63K	20%	$1K	$960	$13K	View
22	🇨🇴Colombia	$72K	35%	$1K	$1K	$13K	View
23	🇦🇷Argentina	$74K	35%	$1K	$780	$13K	View
24	🇷🇴Romania	$59K	10%	$950	$2K	$14K	View
25	🇨🇱Chile	$57K	6%	$1K	$1K	$14K	View
26	🇭🇺Hungary	$63K	10%	$1K	$2K	$14K	View
27	🇨🇿Czech Republic	$60K	10%	$1K	$2K	$14K	View
28	🇨🇳China	$58K	15%	$1K	$1K	$14K	View
29	🇵🇱Poland	$61K	10%	$1K	$2K	$14K	View
30	🇿🇦South Africa	$65K	25%	$2K	$1K	$15K	View
31	🇰🇷South Korea	$53K	8%	$1K	$2K	$15K	View
32	🇺🇸United States	$46K	2.5%	$2K	$1K	$15K	View
33	🇵🇹Portugal	$61K	10%	$1K	$2K	$15K	View
34	🇬🇷Greece	$61K	10%	$1K	$2K	$16K	View
35	🇪🇸Spain	$60K	10%	$2K	$2K	$16K	View
36	🇳🇿New Zealand	$54K	5%	$2K	$2K	$16K	View
37	🇯🇵Japan	$50K	0%	$1K	$2K	$16K	View
38	🇹🇷Turkey	$97K	80%	$950	$3K	$16K	View
39	🇫🇮Finland	$61K	10%	$2K	$2K	$16K	View
40	🇫🇷France	$59K	10%	$2K	$2K	$16K	View
41	🇦🇹Austria	$59K	10%	$2K	$2K	$16K	View
42	🇸🇪Sweden	$62K	10%	$2K	$2K	$16K	View
43	🇨🇦Canada	$50K	6.1%	$2K	$1K	$16K	View
44	🇩🇪Germany	$59K	10%	$2K	$2K	$17K	View
45	🇦🇺Australia	$52K	5%	$2K	$2K	$17K	View
46	🇨🇭Switzerland	$52K	6.5%	$2K	$2K	$17K	View
47	🇧🇪Belgium	$60K	10%	$2K	$2K	$17K	View
48	🇳🇱Netherlands	$60K	10%	$2K	$2K	$17K	View
49	🇳🇴Norway	$70K	25%	$2K	$3K	$18K	View
50	🇧🇷Brazil	$68K	35%	$3K	$1K	$18K	View
51	🇮🇹Italy	$60K	10%	$2K	$2K	$18K	View
52	🇮🇱Israel	$96K	83%	$2K	$2K	$18K	View
53	🇬🇧United Kingdom	$58K	6.5%	$3K	$2K	$18K	View
54	🇩🇰Denmark	$141K	150%	$2K	$2K	$18K	View
55	🇭🇰Hong Kong	$97K	115%	$2K	$3K	$23K	View
56	🇸🇬Singapore	$69K	41%	$3K	$2K	$27K	View