Could you please elaborate on whether a Honda CR-V typically maintains a high resale value? I'm considering purchasing one as a secondhand vehicle and am interested in understanding its depreciation rate compared to other models. Are there any specific factors that contribute to its resale value, such as reliability, brand reputation, or popularity among buyers? Also, is there any data or market trends that indicate how well Honda CR-Vs retain their value over time? Any insights you could provide would be greatly appreciated.
7 answers
RobertJohnson
Fri Jun 28 2024
Honda's reputation for retaining resale value extends beyond its sedans.
Claudio
Fri Jun 28 2024
SUVs such as the CR-V and the mid-size Pilot are leaders in this domain.
IncheonBeautyBloom
Fri Jun 28 2024
The CR-V, specifically, stands out in the Compact SUV/Crossover segment.
Leonardo
Fri Jun 28 2024
Its ability to maintain a substantial resale value is unmatched.
Pietro
Thu Jun 27 2024
Over a five-year ownership period, the CR-V costs approximately $47,255.