2013 Honda CR-V to achieve 40 percent residual value, CAP Monitor says

Article by Anita Panait, on November 24, 2012

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.”

The previous-generation Honda CR-V’s dimensions are in part responsible for the vehicle’s achievements as the top selling Sport Utility Vehicle from 2007 until 2010. Developed design features also contributed to such accomplishments. The refined features include exterior detailing, long full-body taillights and multi-reflector halogen headlamps. The details on the car’s exterior express sportiness and elegance.

The 2012 model adopts a more aerodynamic stance. It has a deeper sculpting in its bodylines and more aggressive dash panels at the front. A three-bar horizontal grill and deep-seated multi-reflector headlamps emphasize the sinuous lines of the bumper at the front. The latest lower front bumper design smoothly integrates with its dashboard panels for enhanced aerodynamics. The lower bumper at the front expresses the vehicle’s Sports Utility Vehicle competence as it hugs the front face upward. The lower bumper has a liberal approach angle. The 2012 model retained the segment’s unique upright rear brake lights which are now more of a 3D design.

This is perfect for the vehicle’s styling and aerodynamics. The unique break lights were first introduced on the 1997 model. The model’s huge wheels and striking fender flares highlight the car’s dynamism and competence.

Latest model has various style components that improve the vehicle’s performance. It is designed to be a class-leading car in aerodynamic capability. The adjusted rear spoiler and a longer roofline minimize turbulence.

The vehicle has silver roof railings. These rails begin at the A-pillars and extend beside the roofline heading up to the rear end of the car. The railings serve as a link for the accessories framework. Moreover, the rails give a striking appearance to the car. The side railings and the three anchor points are very functional. This accessory is offered on both EX and CR-V LX.

Topics: honda, honda cr-v, suv

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