Crossover, Compact, Mid Level
2011 Honda CR-V
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What’s not to like? In addition to winning Vincentric’s Best Value in America Award for the 6th year, the Honda CR-V has the lowest maintenance and repair costs, uses the least amount of fuel and is among the best with its low depreciation - all leading to a total cost of ownership that left the second-place Hyundai Santa Fe a distant second.
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2011 Honda CR-V LX 4D Utility 2WD |
Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
Depreciation: |
$4,680 |
$1,768 |
$1,732 |
$1,699 |
$1,523 |
$11,402 |
Fees & Taxes: |
1,255 |
82 |
88 |
75 |
81 |
$1,581 |
Finance: |
947 |
759 |
561 |
350 |
126 |
$2,743 |
Fuel: |
1,936 |
2,004 |
2,076 |
2,150 |
2,226 |
$10,392 |
Insurance: |
952 |
944 |
937 |
931 |
925 |
$4,689 |
Maintenance: |
64 |
201 |
134 |
1,282 |
64 |
$1,745 |
Opportunity Cost: |
44 |
72 |
101 |
136 |
168 |
$521 |
Repairs: |
0 |
0 |
328 |
547 |
547 |
$1,422 |
Total: |
$9,878 |
$5,830 |
$5,957 |
$7,170 |
$5,660 |
$34,495 |
Vincentric's Best Value in America awards are based on the model level average of all trim levels within the model. Ownership costs for each trim level are measured at annual mileages of 10,000, 15,000, and 20,000. Results shown above assume 15,000 miles per year for the trim level described. |
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