Honda CR-V Depreciation

A Honda CR-V will depreciate 41% after 5 years and have a 5 year resale value of $20,470.

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 you needed a ride in this segment, 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 year, 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 $6,901 80.13% $27,829 13,500 2021
2 $7,783 77.59% $26,947 27,000 2022
3 $9,933 71.40% $24,797 40,500 2023
4 $12,784 63.19% $21,946 54,000 2024
5 $14,260 58.94% $20,470 67,500 2025
6 $17,233 50.38% $17,497 81,000 2026
7 $18,410 46.99% $16,320 94,500 2027
8 $19,567 43.66% $15,163 108,000 2028
9 $21,925 36.87% $12,805 121,500 2029
10 $23,116 33.44% $11,614 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $6,901 80.13% $27,829
2 $7,783 77.59% $26,947
3 $9,933 71.40% $24,797
4 $12,784 63.19% $21,946
5 $14,260 58.94% $20,470
6 $17,233 50.38% $17,497
7 $18,410 46.99% $16,320
8 $19,567 43.66% $15,163
9 $21,925 36.87% $12,805
10 $23,116 33.44% $11,614

Honda CR-V Depreciation Calculator

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If you purchase a used Honda CR-V that is 2 years old, then you could save $7,783 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 $6,477. 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 2017 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 $260 $0 0% 100%
2019 $32,877 $26,641 $298 $8,089 23.29% 80.13% Best
2018 $31,208 $24,585 $370 $2,056 7.72% 77.59% Better
2017 $31,111 $22,692 $479 $1,893 7.7% 71.4% Better
2016 $28,192 $18,366 $551 $4,326 19.06% 63.19% Good
2015 $27,308 $16,791 $696 $1,575 8.58% 58.94%
2014 $27,049 $14,587 $961 $2,204 13.13% 50.38% Good
2013 $25,735 $13,179 $1,087 $1,408 9.65% 46.99%
2012 $25,444 $12,278 $1,170 $901 6.84% 43.66%
2011 $24,089 $10,217 $1,336 $2,061 16.79% 36.87%
2010 $24,752 $9,648 $1,372 $569 5.57% 33.44%
2009 $24,222 $8,687 $1,572 $961 9.96% 29.37%
2008 $23,697 $8,014 $1,854 $673 7.75% 25.99%
Year Price % Paid Value Rank
2020 $34,730 100%
2019 $26,641 80.13% Best
2018 $24,585 77.59% Better
2017 $22,692 71.4% Better
2016 $18,366 63.19% Good
2015 $16,791 58.94%
2014 $14,587 50.38% Good
2013 $13,179 46.99%
2012 $12,278 43.66%
2011 $10,217 36.87%
2010 $9,648 33.44%
2009 $8,687 29.37%
2008 $8,014 25.99%

Considering financing? Try our Honda CR-V Loan Calculator, which will steer you away from unattractive loan structures that put you in a bad financial position relative to the value of your vehicle. Customize a loan structure that is right for you, or try some basic options, No Money Down, 10% Down and 20% Down. Important Note: CarEdge.com does NOT offer auto financing, or are we affiliated with any financing sources. We provide this information in the hope that you can make a more informed purchasing decision.

Honda CR-V Review

Honda CR-V Photos

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 September 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.