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.”

Topics: honda, honda cr-v, suv

If you liked the article, share on:

Pin It

Comments

Recommended

Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Since 1993, Lexus has produced 4 generations of the Lexus GS, with the GS F amongst its newest member of the family. Unfortunately, rumors are also heating up that the...
by - March 24, 2017
In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
McLaren is said to be designing the next generation of Sports Series, which could include a V6 hybrid among its powertrain options. It was earlier reported that the British automaker...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries