The True Cost of Owning a Honda Passport

Cost example updated November 4, 2026

Start with the price you will actually pay

For a representative example, use a 2026 Honda Passport RTL at $46,445 including the $1,495 destination charge ($44,950 MSRP plus $1,495 destination, per Honda dealer pricing pages; Kelley Blue Book lists the same $46,445 starting sticker). The RTL is the base trim, higher trims cost more, and the TrailSport trims carry their own prices and their own fuel math, so none of their numbers are in this example. Replace this starting point with a written quote for the exact trim you are considering.

The down payment does not make the Passport cheaper; it changes how much you finance. With 10% down ($4,645), 8% APR (the yearly interest rate on the loan) and 60 months, and with the 7% sales tax ($3,251) and $900 in title and dealer fees rolled into the loan rather than paid up front, this example finances $45,951 at $932 a month, and the loan costs about $9,952 in interest over five years.

Fuel: a V6 SUV's gas bill

The RTL is rated 21 mpg combined (19 city, 25 highway, per EPA figures for the RTL). At 12,000 miles a year that is about 571 gallons annually, roughly $2,373 a year, $11,866 over five years at $4.153 a gallon, the EIA national average, week ending November 2, 2026. Real-world results move with driving style and weather. The method is simple: miles divided by mpg, times price, times years.

Depreciation is still the biggest bucket

Depreciation is the value a car loses over time, the gap between what you paid and what it is worth later. iSeeCars' study of more than 15 million vehicles puts the Passport's five-year retention at 57.9 percent, leaving roughly $26,892 after five years on a $46,445 purchase, about $19,553 of depreciation, roughly $326 a month. For context, iSeeCars puts the midsize SUV category at 46.4 percent lost over five years, so the Passport keeps more of its value than its category average.

That resale figure is a planning assumption, not a forecast. Run a second scenario with resale 10% lower so the decision does not depend on an optimistic used market.

Insurance runs midsize-SUV money

Full-coverage averages for a Passport run from about $2,169 a year (Insurify, full-coverage average, updated November 2, 2026) to $2,489 a year (CarEdge, national average for a 40-year-old driver with full coverage, a good driving record and good credit). This example uses $2,330 a year, or $11,650 over five years, the middle of that range rounded to the nearest $5. Premiums depend heavily on the driver, ZIP code, coverage and insurer, so get a quote on the exact trim with matching deductibles and limits before treating any average as yours.

Passport maintenance costs: low, with a caveat

RepairPal's average annual repair cost for the Passport is $391, which over five years is $1,955. That average covers repairs and maintenance across model years, and the shape matters: some years are oil and filters, and other years are brakes, a battery, or a tire set, and a single big repair lands on top of the average in real life.

The full five-year example

Every figure below comes from the site's own calculator math. The stated inputs are: 2026 Honda Passport RTL, $46,445 price including destination, 10% down ($4,645), 8% APR, 60 months, 7% sales tax, $900 in title and dealer fees, 12,000 miles per year, 21 mpg, $4.153 per gallon, $2,330 per year insurance, $391 per year maintenance and repairs, $26,892 resale value after five years.

• Depreciation: $19,553 ($46,445 minus $26,892 resale)
• Insurance: $11,650 ($2,330 x 5 years)
• Fuel: $11,866 (12,000 / 21 x $4.153 x 5 years)
• Maintenance and repairs: $1,955 ($391 x 5 years, RepairPal average annual repair cost)
• Tax, fees and interest: $14,103 ($3,251 sales tax, $900 fees, $9,952 loan interest)

That totals roughly $59,127, or about $985 a month. Notice what that says about the $932 payment: on this car the payment is not the whole story, it is about 95% of the average month's true cost, and during the loan years the cash actually going out is about $1,357 a month, the payment plus insurance, fuel and upkeep.

Formula

The five-year total is the sum of five buckets: depreciation, insurance, fuel, maintenance, and tax, fees and interest. Depreciation is the $46,445 price minus the $26,892 resale value after five years, which is $19,553. Insurance is $2,330 a year times 5 years, which is $11,650. Fuel is 12,000 miles a year divided by 21 miles per gallon, times $4.153 a gallon, times 5 years, which is about $11,866. Maintenance is $391 a year times 5 years, which is $1,955. Tax, fees and interest is 7% sales tax on $46,445, which is $3,251, plus $900 in title and dealer fees, plus about $9,952 of loan interest, which is $14,103.

Added together, $19,553 plus $11,650 plus $11,866 plus $1,955 plus $14,103 equals $59,127, or about $985 a month. The amount financed is the $46,445 price plus $3,251 sales tax plus $900 in fees, minus the $4,645 down payment, which is $45,951. The tax and fees are rolled into the loan. At 8% APR over 60 months, the payment on $45,951 is $932 a month, and the loan costs about $9,952 in interest over five years.

The TrailSport is a separate trim

The TrailSport trims rate 20 mpg combined (18 city, 23 highway, per EPA figures) and start higher, at $48,650 MSRP before destination, so none of their numbers are in this example. The Passport's published towing rating runs up to 5,000 pounds when properly equipped, and no dollar figure is attached to that rating here. This page prices the RTL only.

What these numbers do not settle

Honest gaps, stated here rather than settled quietly. First, price: some pages still show the earlier launch figure of $46,200 ($44,750 plus $1,450 destination); this example uses the current $46,445 ($44,950 plus $1,495 destination). Second, resale: CarEdge puts Passport five-year retention at 54.95 percent, which on this price would be $25,522 resale and $20,923 depreciation, $1,370 more lost than the iSeeCars-based example; the two studies disagree, and neither is a promise. Third, gas price: $4.153 a gallon is the EIA national average, week ending November 2, 2026, a dated snapshot, not a five-year promise, and pump prices where you live will differ. Fourth, fees: the $900 covers title and dealer fees at purchase only; yearly registration and renewal fees are not in this example and vary by state. Fifth, maintenance: RepairPal's $391 is an average across model years, one published guide cites $671 a year, and RepairPal's own current page withholds a reliability rating for the Passport for insufficient data, so treat the $391 as a published average, not a rating. Sixth, insurance: published averages span $2,169 a year to $2,489 a year, so the $2,330 example sits inside the range, not at its edge, and your quotes will move with driver, ZIP code, and coverage. Seventh, trims: the RTL is the base; TrailSport trims carry their own prices and their own totals. Dealer add-ons, options, and anything above the sticker price are not included.

Sources: Kelley Blue Book 2026 Honda Passport pricing, accessed November 4, 2026; Honda dealer pricing pages (RTL $44,950 MSRP plus $1,495 destination); EPA fuel economy figures via Edmunds and Honda dealer pages; EIA national average regular gas, week ending November 2, 2026; iSeeCars Passport resale value and depreciation study (more than 15 million vehicles analyzed); CarEdge Honda Passport costs, depreciation, and insurance pages; Insurify average car insurance rates by vehicle model, updated November 2, 2026; RepairPal Honda Passport average annual repair cost, as cited by CarMax and Edmunds. Figures checked November 4, 2026.

Calculation transparency

Jurisdiction. United States. Sales tax, titling, registration and insurance rules are set by your state, so your exact numbers depend on where you buy and register the car. The 7% sales tax and $900 in fees in this example are planning figures, not any one state's actual rates.

Rules and time period. Five years, 12,000 miles a year, gas at $4.153 a gallon (EIA national average, week ending November 2, 2026), 8% APR, 60 months, 10% down. The resale value is a planning assumption, not a forecast.

Scope and limitations. Educational estimate only. Insurance and maintenance are planning figures, not quotes. Get a real quote for the same trim, coverage and loan before you decide.

Sources disagree on the Passport's five-year value loss: iSeeCars puts five-year retention at 57.9% while CarEdge puts it at 54.95%, so the 57.9% figure used here is kept as a planning assumption, not as a current reading.

Source links checked November 6, 2026. Figures: Kelley Blue Book 2026 Passport RTL price, $46,445; EPA combined fuel economy, 21 mpg; CarEdge Passport insurance, about $2,489 a year, and five-year maintenance and repair, $2,519; RepairPal Passport average annual repair cost, $391 a year; EIA weekly gas prices (week ending November 2, 2026).

Primary sources: Kelley Blue Book, 2026 Honda Passport specs; fueleconomy.gov, EPA fuel economy ratings; CarEdge, Honda Passport insurance; CarEdge, Honda Passport cost of ownership; EIA, Gasoline and Diesel Fuel Update. How the numbers are calculated is written down on the methodology page, and every source is listed on the sources page.

Definitions

Depreciation. The value a car loses over time, the gap between what you paid and what it is worth later. On this page, the $46,445 price minus the $26,892 resale value after five years, which is $19,553.

Resale value. What the car is worth after five years in this example, $26,892. A planning assumption, not a forecast.

APR. Annual percentage rate, the yearly interest rate on the loan. This example uses 8%.

Down payment. The cash paid up front. Here it is 10%, or $4,645.

Destination charge. The delivery fee added to the sticker price. It is $1,495 on the Passport, included in the $46,445 price, which is $44,950 before destination.

Combined mpg. The EPA city and highway ratings blended into one figure. It is 21 for the RTL, 19 in the city and 25 on the highway. The TrailSport trims are rated 20 mpg combined.

Full coverage. Insurance that covers damage to your own car as well as damage to others. Published averages run from about $2,169 a year to $2,489 a year; this example uses $2,330 a year.

TrailSport. The off-road trim line. The TrailSport trims rate 20 mpg combined and start higher, at $48,650 MSRP before destination, so none of their numbers are in this example.

Questions people actually ask

How much does a Honda Passport cost per month?

About $985 a month over five years in this example: a $932 monthly loan payment plus insurance, gas, and upkeep, with the car's loss in value spread across the same five years. During the loan years the cash going out each month is about $1,357, because the payment, insurance, gas, and upkeep are all paid at the same time.

How much does a Honda Passport cost in gas?

About $2,373 a year, or $11,866 over five years, at 12,000 miles a year, 21 miles per gallon, and $4.153 a gallon. Drive more miles, or pay more at the pump, and that line rises in direct proportion.

Does a Honda Passport hold its value?

Better than its category average, by the published data. iSeeCars puts the Passport's five-year retention at 57.9 percent, against 53.6 percent for the midsize SUV category, leaving $26,892 after five years on a $46,445 purchase, which is a planning assumption, not a promise.

Is the TrailSport part of this example?

No. The TrailSport trims are rated 20 miles per gallon combined and carry higher prices, so none of their numbers are in this example. This page prices the RTL only.

What does the five-year Passport example assume?

A 2026 Honda Passport RTL at $46,445 including destination, 10 percent down, 8 percent APR over 60 months, 7 percent sales tax, $900 in title and dealer fees, 12,000 miles a year, 21 miles per gallon, $4.153 a gallon, $2,330 a year for insurance, $391 a year for maintenance and repairs, and a $26,892 resale value after five years. Change any input and the total moves with it.

Related: See the Nissan Pathfinder, a midsize SUV shoppers often compare with the Passport

Related: See the Kia Sorento and its five year cost

Related: See every model with a true cost page

Shopping the Passport against another midsize SUV? The Car Showdown runs any two vehicles through the same five buckets side by side. Cross-shopping a Pilot too? See what a Honda Pilot really costs over 5 years. Cross-shopping a CR-V too? See what a Honda CR-V really costs over 5 years. Shopping used in general? See the true cost of a used car.