Honda CR-V Depreciation

Honda CR-V Depreciation Rate

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.

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

Top 15 Percentile For Residual Value

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.

Check the current prices of available Honda CR-V models FOR SALE on EBAY Motors!

Check Out Our Car Depreciation Calculator!

Get a custom depreciation graph of a Honda CR-V based on model year and mileage driven!

The American average is 12,000 miles driven per year.

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%
Honda CR-V
2020 Honda Pilot

47%

View Depreciation Graph

Honda Pilot
2020 Mazda CX-5

45%

View Depreciation Graph

2018 Mazda CX-5
2020 Mazda CX-9

58%

View Depreciation Graph

Mazda CX-9
2020 Mitsubishi Outlander

55%

View Depreciation Graph

Mitsubiahi Outlander
2020 Mitsubishi Outlander Sport

51%

View Depreciation Graph

Mitsubishi Outlander Sport
2020 Nissan Armada

50%

View Depreciation Graph

2004-2006 Nissan Armada
2020 Nissan Murano

51%

View Depreciation Graph

2015 Nissan Murano SV AWD
2020 Nissan Pathfinder

56%

View Depreciation Graph

Nissan Pathfinder
2020 Nissan Rogue

46%

View Depreciation Graph

Nissan Rogue
2020 Nissan Juke

48%

View Depreciation Graph

2017 Nissan Juke Visia 1.6
2020 Nissan Xterra

35%

View Depreciation Graph

Nissan Xterra
2020 Subaru Forester

43%

View Depreciation Graph

2019 Subaru Forester Sport
2020 Subaru XV Crosstrek

36%

View Depreciation Graph

2013 Subaru XV Crosstrek
2020 Toyota 4Runner

21%

View Depreciation Graph

2019 Toyota 4Runner SR5
2020 Toyota Land Cruiser

44%

View Depreciation Graph

2011 Toyota Land Cruiser Sahara wagon
2020 Toyota RAV4

34%

View Depreciation Graph

2019 Toyota RAV4
2020 Toyota Sequoia

41%

View Depreciation Graph

Toyota Sequoia
2020 Toyota Venza

47%

View Depreciation Graph

2012 Toyota Venza
2020 Toyota Highlander

38%

View Depreciation Graph

2020 Toyota Highlander XLE AWD