Honda CR-V Depreciation

A Honda CR-V will depreciate 42% after 5 years and have a 5 year resale value of $20,293.

The Honda CR-V has proven to be a great vehicle, and holds its value well. In the small SUV segment, it Is right at the top (although the Toyota models are there too) in terms of low depreciation. If I needed a ride in this segment, I'd take a hard look at the CR-V, whether new or used.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per, and assumes a purchase price of $34,730 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Honda CR-V Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $7,102 79.55% $27,628 13,500 2021
2 $7,766 77.64% $26,964 27,000 2022
3 $10,079 70.98% $24,651 40,500 2023
4 $13,145 62.15% $21,585 54,000 2024
5 $14,437 58.43% $20,293 67,500 2025
6 $17,250 50.33% $17,480 81,000 2026
7 $18,435 46.92% $16,295 94,500 2027
8 $19,720 43.22% $15,010 108,000 2028
9 $22,300 35.79% $12,430 121,500 2029
10 $23,738 31.65% $10,992 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $7,102 79.55% $27,628
2 $7,766 77.64% $26,964
3 $10,079 70.98% $24,651
4 $13,145 62.15% $21,585
5 $14,437 58.43% $20,293
6 $17,250 50.33% $17,480
7 $18,435 46.92% $16,295
8 $19,720 43.22% $15,010
9 $22,300 35.79% $12,430
10 $23,738 31.65% $10,992

Honda CR-V Depreciation Calculator

Current Vehicle Age
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If you purchase a used Honda CR-V that is 2 years old, then you could save $7,766 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $6,671. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used CR-V models become available.

The Best Model Years to Buy a Honda CR-V

The 2019 Honda CR-V is our top pick for the best model year value for the CR-V. With the 2019, you would only pay, on average, 80% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2016 model years are also attractive years for the CR-V, and provide a relatively good value. Our rankings consider multiple factors, including the CR-V's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Honda CR-V models.

Honda CR-V Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $34,730 $34,730 $190 $0 0% 100%
2019 $32,877 $26,384 $229 $8,346 24.03% 79.55% Best
2018 $31,208 $24,529 $300 $1,855 7.03% 77.64% Better
2017 $31,111 $22,492 $409 $2,037 8.3% 70.98% Good
2016 $28,192 $18,003 $481 $4,489 19.96% 62.15% Better
2015 $27,308 $16,581 $626 $1,422 7.9% 58.43% Good
2014 $27,049 $14,505 $891 $2,076 12.52% 50.33%
2013 $25,735 $13,091 $1,017 $1,414 9.75% 46.92%
2012 $25,444 $12,098 $1,101 $993 7.59% 43.22%
2011 $24,089 $9,889 $1,267 $2,209 18.26% 35.79%
2010 $24,752 $9,137 $1,303 $752 7.6% 31.65%
2009 $24,222 $8,320 $1,502 $817 8.94% 28.15%
2008 $23,697 $7,467 $1,785 $853 10.25% 23.98%
Year Price % Paid Value Rank
2020 $34,730 100%
2019 $26,384 79.55% Best
2018 $24,529 77.64% Better
2017 $22,492 70.98% Good
2016 $18,003 62.15% Better
2015 $16,581 58.43% Good
2014 $14,505 50.33%
2013 $13,091 46.92%
2012 $12,098 43.22%
2011 $9,889 35.79%
2010 $9,137 31.65%
2009 $8,320 28.15%
2008 $7,467 23.98%
Our Favorite Honda CR-V Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in April 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.