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. It also assumes a selling price of $34,730 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Honda CR-V.

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

Honda CR-V Depreciation

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

Current Vehicle Age
Current Price
Own it For
Annual Miles

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% Good
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%
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% Good
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%
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%

Other Honda CR-V Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Honda CR-V costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses: