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Honda CR-V Resale Value and Depreciation

See how much the Honda CR-V depreciates and retains its value over a 3-, 5-, 7- and 10-year timeframe.

Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Honda CR-V depreciates 34.3 percent after five years, resulting in a resale value of $19,776. In comparison, the compact SUV category, which the Honda CR-V belongs to, loses 43.1 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 47 percent and for all vehicles is 43.7 percent.

If you plan to drive a new Honda CR-V for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Honda CR-V sees a depreciation of 21.9 percent with a resale value of $23,519. Its 7-year depreciation is 45.6 percent and 10-year depreciation is 58.8 percent.

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Depreciation is the single largest factor in the cost of owning a vehicle. That means knowing how much a vehicle depreciates over time and how well it will hold its value is important. iSeeCars analyzed over 15 million vehicles to determine how much each model depreciates over a 3-, 5-, 7- and 10-year period. Typically, five years is the timeframe used to evaluate and compare depreciation across vehicles.

A new Honda CR-V depreciates 34.3 percent after five years, resulting in a resale value of $19,776. In comparison, the compact SUV category, which the Honda CR-V belongs to, loses 43.1 percent of its value after five years. For further context, the five-year depreciation for all SUVs is 47 percent and for all vehicles is 43.7 percent.

If you plan to drive a new Honda CR-V for shorter or longer than five years, check the depreciation data for the other time periods. After three years, an Honda CR-V sees a depreciation of 21.9 percent with a resale value of $23,519. Its 7-year depreciation is 45.6 percent and 10-year depreciation is 58.8 percent.

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Honda CR-V Depreciation After 3, 5, 7 and 10 Years

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Honda CR-V Depreciation and Resale Value

Vehicle Age % Depreciation $ Depreciation % Residual Value $ Residual Value

3 Years

21.9%

$6,581

78.1%

$23,519

5 Years

34.3%

$10,324

65.7%

$19,776

7 Years

45.6%

$13,734

54.4%

$16,366

10 Years

58.8%

$17,704

41.2%

$12,396

Honda CR-V Depreciation Comparison

3-Year Depreciation 5-Year Depreciation 7-Year Depreciation 10-Year Depreciation

Honda CR-V

21.9%

34.3%

45.6%

58.8%

All Compact SUVs

29.2%

43.1%

53.6%

65.4%

All SUVs

32.4%

47%

58.2%

69.1%

All Cars

30.5%

43.7%

54.5%

65.7%

Methodology

iSeeCars analyzed over 15 million vehicles to calculate the depreciation and resale value for each model after 3, 5, 7, and 10 years. The depreciation for a given model is calculated from the difference between the new car price and the used car price for the model at each age. Factors such as the car's automaker and vehicle segment are taken into account in iSeeCars' mathematical model to estimate resale value and depreciation. Various segment averages are also calculated for context.