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Honda CR-V
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| Crossover, Mid Level
Honda CR-V
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| This CR-V from Honda ran away with the Vincentric’s Best Value in America™ award in this popular crossover segment. Although the Toyota Rav4 did well as a second place finisher, the CR-V was able to show ownership costs that were a stunning 14% lower than expected. Key to the CR-V’s lower than expected costs were its strengths in fuel, depreciation, and insurance costs. |
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| 2008 Honda CR-V LX 4D Utility 2WD |
| Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
| Depreciation: |
$2768 |
$1886 |
$1676 |
$1467 |
$1257 |
$9054 |
| Fees & Taxes: |
1204 |
85 |
91 |
78 |
86 |
$1544 |
| Finance: |
1202 |
969 |
719 |
451 |
164 |
$3505 |
| Fuel: |
2017 |
2089 |
2163 |
2240 |
2320 |
$10829 |
| Insurance: |
1412 |
1397 |
1383 |
1371 |
1358 |
$6921 |
| Maintenance: |
64 |
251 |
134 |
1455 |
64 |
$1968 |
| Opportunity Cost: |
346 |
570 |
788 |
1080 |
1344 |
$4128 |
| Repairs: |
0 |
0 |
158 |
264 |
264 |
$686 |
| Total |
$9013 |
$7248 |
$7114 |
$8406 |
$6857 |
$38635 |
| *The data displayed here is for the specific model and trim identified. The award is based on an average of all trims combined as of January 2008. |
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