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HONDA CR-V
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Compact SUV, under $23,000
Honda CR-V
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| The Compact SUV, under $23,000 segment could be called the “Family Feud”, with the Honda CR-V and the Honda Element going head-to-head after outperforming nine other models in this popular segment. Although the Element we measured the Element as an Excellent value, it wasn’t enough to unseat the CR-V, which takes Vincentric’s Best Value in America™ award for the third year in a row in this segment. |
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| 2007 Honda CR-V EX 4D Utility 2WD* |
| Cost Item |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
| Depreciation: |
$3,678 |
$1,758 |
$1,538 |
$1,318 |
$1,208 |
$9,500 |
| Fees & Taxes : |
1339 |
90 |
96 |
82 |
90 |
$1,697 |
| Finance: |
1315 |
1060 |
786 |
493 |
179 |
$3,833 |
| Fuel: |
1482 |
1535 |
1589 |
1646 |
1704 |
$7,956 |
| Insurance: |
1344 |
1351 |
1358 |
1364 |
1371 |
$6,788 |
| Maintenance: |
59 |
241 |
129 |
1473 |
59 |
$1,961 |
| Opportunity Cost: |
364 |
585 |
802 |
1104 |
1372 |
$4,227 |
| Repairs: |
0 |
0 |
158 |
264 |
264 |
$686 |
| Total |
$9,582 |
$6,618 |
$6,456 |
$7,744 |
$6,247 |
$36,648 |
| *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, 2007. |
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