How Does the 2016 Honda CR-V’s Residual Value Hold Up over Time?

February 24th, 2016 by

Honda CR-V ExteriorFor drivers looking to lease a vehicle, residual value is a key consideration in choosing an automobile, particularly if the consumer is thinking about purchasing the car at the end of their lease term.

A motorist who is in the market for a high-quality Honda vehicle may be wondering about the 2016 Honda CR-V’s residual value and how it compares with the competition.

Let’s find out where the CR-V’s end-of-lease value lies in contrast with some of its biggest rivals.

Value Comparison

According to predictive data from ALG, the models in the Honda CR-V trim level lineup for 2016 are expected to retain the following residual value amounts:

Honda CR-V 2WD models

  • LX trim is expected to retain 64% of its value after 24 months and 41% of its value after 60 months.
  • EX trim is expected to retain 68% of its value after 24 months and 43% of its value after 60 months.
  • EX-L trim is expected to retain 65% of its value after 24 months and 42% of its value after 60 months.
  • EX-L w/Navi trim is expected to retain 65% of its value after 24 months and 41% of its value after 60 months.
  • Touring trim is expected to retain 63% of its value after 24 months and 40% of its value after 60 months.

Honda CR-V AWD models

  • LX trim is expected to retain 64% of its value after 24 months and 42% of its value after 60 months.
  • EX trim is expected to retain 68% of its value after 24 months and 45% of its value after 60 months.
  • EX-L trim is expected to retain 65% of its value after 24 months and 43% of its value after 60 months.
  • EX-L w/Navi trim is expected to retain 65% of its value after 24 months and 43% of its value after 60 months.
  • Touring trim is expected to retain 63% of its value after 24 months and 41% of its value after 60 months.

Competition Contrast

Among the 2016 Chevrolet Equinox models, for example, the highest 24-month residual value is anticipated to be only 61%, while the highest 60-month residual value is estimated to be only 36%.

The highest residual value found among the 2016 Ford Escape models is 59% after 24 months and only 36% after 60 months.

The highest residual value among 2016 Hyundai Santa Fe and Santa Fe Sport models is just 64% after 24 months and 37% after 60 months.

Among the 2016 Kia Sportage models, the highest 24-month residual value is expected to be just 63%, with the highest 60-month residual value projected to be only 40%.

The highest residual value offered among the 2016 Nissan Rogue models is 63% after 24 months and 37% after 60 months.

As you can see, in comparison to some of its top competitors, the CR-V boasts superior residual value, making it a preferable choice when you’re looking to lease.

Check Out the High-Value CR-V in Person

Drivers can explore the 2016 lineup of Honda CR-V models and get a great deal on a lease at any West Michigan Honda Dealer. Visit or contact one of our affiliated dealerships today.

West Michigan Honda Dealers includes Battle Creek Honda, Betten Honda, Crown Honda, Fox Honda, River Town Honda, and Zeigler Honda.

Posted in 2016 Vehicles, CR-V