The 2020 Honda Accord & the Kelley Blue Book® “Cost to Own” Award

2020 Honda Accord

If you’re currently in the midst of choosing a sedan to take on the streets of Santa Ana, Mission Viejo, and Tustin, you’ll want one that’s well-reviewed and right for your lifestyle.

The new Honda Accord can certainly accommodate due to its sleek appearance, notable performance and efficiency, sophisticated features, and its award-winning status!

The 2020 Honda Accord has earned the Kelley Blue Book® 2020 “5-Year Cost to Own” Award for being the lowest cost-to-own for the midsize sedan category.1 Our team at Norm Reeves Honda Superstore Irvine is here to help you learn more about this award and why the Accord won!

The KBB “5-Year Cost to Own” Award

Kelley Blue Book® is a valuable resource for drivers seeking out their next car by providing insight into the top models out on the market. It also rates vehicles and offers awards based on a variety of factors.

The “5-Year Cost to Own” award carefully measures a few factors with vehicles to determine the overall cost over the course of five years.

These factors include the MSRP, insurance, financing rates, and automotive service. It then calculates the depreciation value and comes up with a price of what it will cost over the next few years. The 2020 Honda Accord came in at the lowest in the midsize sedan category.

2020 Honda Accord Specs & Features

Honda Accord Engine SpecsThe Honda Accord comes equipped with a 1.5L 4-cylinder turbocharged engine that’s mated to a Continuously Variable Transmission (CVT) and is able to boast 192 horsepower and 192 lb-ft of torque. The CVT is known for executing smooth acceleration and direct-gear transitions that result in a more efficient performance.

The cabin offers plenty of amazing features to its driver and passengers. It includes the 7-inch touchscreen display that you can use to select your media options. Opting for the next trim level will add features like Apple CarPlay® and Android Auto™, which will integrate your phone into the touchscreen, so you can stay connected at all times from the road.

One of the major components that appeals to most drivers is the inclusion of Honda Sensing® as a standard feature. This system uses exterior-mounted sensors that will measure the distance from objects ahead and the Accord’s rate of approach to determine the likelihood of a collision or lane departure.

These features include the Collision Mitigation Braking System™, Adaptive Cruise Control with Low-Speed Follow, Lane Keeping Assist, and more!

Should I Get the Award-Winning 2020 Honda Accord?

If you’re considering your options, and you’re leaning towards a midsize sedan, you now know that the Honda Accord has the lowest cost to own over the course of five years, according to Kelley Blue Book®.

However, if you’d like to learn more, you can check out our 2020 Honda Accord review, browse our inventory, or simply schedule a test drive with us at Norm Reeves Honda Superstore Irvine!

We’re here to help drivers throughout Santa Ana, Mission Viejo, and Tustin when it comes to finding the right vehicle for your lifestyle!


1 2020 model-year vehicle’s projected cost to own for the initial five-year ownership period is based on the average Kelley Blue Book 5-Year Cost to Own data which considers depreciation and costs such as fuel and insurance. For more information, visit


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