Honda CR-V | Depreciation Rate & Curve

Honda CR-V 5 Year Depreciation Rate

A 2020 Honda CR-V has a forecasted 5 year depreciation rate of 38%.

In 5 years its value is expected to decrease approximately $11,516 from its new price of around $30,305 down to $18,789.

Honda CR-V Depreciation
Make & Model	Honda CR-V
Initial MSRP	$30,305
Forecasted Depreciation Rate	38%
Forecasted Value Change In 5 Years	$11,516
Residual Value In 5 Years	$18,789

The Honda CR-V is a compact SUV manufactured by Honda since 1995 and it was introduced in the North American market in 1997.

It’s based on the Honda Civic platform with a SUV body. The CR-V is Honda’s mid-sized SUV, fitting in between the smaller HR-V and the larger Honda Pilot.

According to Honda, “CR-V” stands for “Comfortable Runabout Vehicle”.

The 5th gen Honda CR-V has been available since 2017 and received a facelift for the 2020 model year. In 2020 the US version comes standard with a 1.5L 4 cylinder turbocharged engine that puts out 190 horsepower. Both FWD and 4WD systems are available as well as a CR-V Hybrid with a 2.0L Atkinson-Cycle engine paired with Honda’s Integrated Motor Assist System.

Depreciation-wise, 5-year forecasted, the CR-V (45%) compares favorably with the Honda Pilot (51%) as well as the Japanese SUV average (49%).

A few comparable Japanese made SUVs that depreciate less than the CR-V are the Toyota RAV4 (44%) and the Nissan Xterra (37%) while the Subaru XV Crosstrek is equal (45%).

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Honda CR-V Depreciation Curve

Depreciation Curve For A Honda CR-V — *Depreciation Curve For The Honda CR-V.*
Current Retained Value Percentage VS. Model Year
*Gaps in data could indicate no model released for that year.*

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Honda CR-V Historical Depreciation Table

Below is a historical table for the Honda CR-V that displays year by year depreciation data.

Model Year	Price When New	(%) Current Depreciation	($) Current Depreciation	Current Residual Value
2020	$30,305	18%	$5,423	$24,882
2019	$29,300	6%	$1,738	$27,562
2018	$29,750	11%	$3,392	$26,358
2017	$29,445	21%	$6,087	$23,358
2016	$27,978	32%	$8,861	$19,117
2015	$28,403	38%	$10,824	$17,579
2014	$28,063	46%	$12,909	$15,154
2013	$27,738	49%	$13,692	$14,046
2012	$27,438	58%	$15,792	$11,646
2011	$24,695	61%	$15,090	$9,605
2010	$25,795	64%	$16,551	$9,244
2009	$25,845	68%	$17,540	$8,305
2008	$24,200	69%	$16,717	$7,483
2007	$23,900	72%	$17,142	$6,758
2006	$22,686	76%	$17,148	$5,538
2005	$22,532	77%	$17,432	$5,100
2004	$19,925	79%	$15,725	$4,200
2003	$20,180	81%	$16,260	$3,920
2002	$20,080	82%	$16,420	$3,660
2001	$20,350	84%	$17,025	$3,325
2000	$19,890	80%	$15,850	$4,040
1999	$19,790	80%	$15,825	$3,965
1998	$19,590	80%	$15,700	$3,890
1997	$19,900	81%	$16,175	$3,725

Forecasted "5 Year Depreciation" Of A 2020 Honda CR-V Vs. Comparables

Make / Models	Forecasted Depreciation	-
(Selected) 2020 Honda CR-V	38%	Image Source Minimize Source By User:Two hundred percent. - Own work, CC BY-SA 3.0
2020 Honda Pilot	47% View Depreciation Graph	Image Source Minimize Source By Alexander Migl - Own work, CC BY-SA 4.0
2020 Mazda CX-5	45% View Depreciation Graph	Image Source Minimize Source By Vauxford - Own work, CC BY-SA 4.0
2020 Mazda CX-9	58% View Depreciation Graph	Image Source Minimize Source By Thomas doerfer - Own work, CC BY 3.0
2020 Mitsubishi Outlander	55% View Depreciation Graph	Image Source Minimize Source By EurovisionNim - Own work, CC BY-SA 4.0
2020 Mitsubishi Outlander Sport	51% View Depreciation Graph	Image Source Minimize Source By Mr.choppers - Own work, CC BY-SA 3.0
2020 Nissan Armada	50% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Nissan Murano	51% View Depreciation Graph	Image Source Minimize Source By Mr.choppers - Own work, CC BY-SA 3.0
2020 Nissan Pathfinder	56% View Depreciation Graph	Image Source Minimize Source By EurovisionNim - Own work, CC BY-SA 4.0
2020 Nissan Rogue	46% View Depreciation Graph	Image Source Minimize Source By Mr.choppers - Own work, CC BY-SA 3.0
2020 Nissan Juke	48% View Depreciation Graph	Image Source Minimize Source By Vauxford - Own work, CC BY-SA 4.0
2020 Nissan Xterra	35% View Depreciation Graph	Image Source Minimize Source By RL GNZLZ from Chile - Nissan XTerra SE 2.8 TD 2004, CC BY-SA 2.0
2020 Subaru Forester	43% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Subaru XV Crosstrek	36% View Depreciation Graph	Image Source Minimize Source By Mr.choppers - Own work, CC BY-SA 3.0
2020 Toyota 4Runner	21% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Toyota Land Cruiser	44% View Depreciation Graph	Image Source Minimize Source By OSX - Own work, Public Domain
2020 Toyota RAV4	34% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0
2020 Toyota Sequoia	41% View Depreciation Graph	Image Source Minimize Source By IFCAR - Own work, Public Domain
2020 Toyota Venza	47% View Depreciation Graph	Image Source Minimize Source By U.S. National Highway Traffic Safety Administration - safercar.gov, Public Domain
2020 Toyota Highlander	38% View Depreciation Graph	Image Source Minimize Source By Kevauto - Own work, CC BY-SA 4.0