Industry experts at CAP Monitor have disclosed strong residual value predictions for the fourth generation Honda CR-V model, attributed to the vehicle’s appealing style, innovation and striking levels of equipment. Based on a three-year/20,000 mile per annum profile, CAP Monitor has predicted that the 2.2litre range-topping EX manual model -- expected to be the most popular Honda CR-V -- will achieve a 40 percent residual value of its original P11D cost, equivalent to £12,325.
CAP’s estimate is above-the-average in the sports utility vehicle (SUV) segment. With the arrival of the new British-built CR-V in Honda showrooms in the United Kingdom, dealers are reporting huge interest in the SUV. The Honda CR-V is available in four equipped trim levels -- S, SE, SR and EX.
Prices for the range starts at £21,395 over-the-counter for the entry level 2.0 i-VTEC manual transmission in S grade. This variant features 2WD transmission, the first time it is installed on a CR-V. The range’s flagship variant is the 2.2 i-DTEC EX manual with all-wheel drive, at a starting price of £30,995 over the counter. Both the 2.0 i-VTEC petrol and 2.2 i-DTEC diesel engines emit significantly less carbon dioxide than their outgoing equivalents. The new Honda CR-V also offers greater quality, practicality and refinement than its predecessor.
Jeff Knight, Editor of CAP Monitor, commented: “It’s an all new vehicle with a good standard specification, more modern styling, improved dynamics and excellent real-world fuel economy. There’s also a noticeable reduction in cabin noise, increased usable interior space and a more ordered structure to the range.”