Valuation & Pricing 4 min read

Honda CR-V Resale Value in Australia: How Well Does It Hold Up?

The Honda CR-V is a perennial top seller in Australia. How does it hold its value compared to the Toyota RAV4 and Mazda CX-5?

CR-V residual performance by generation

The Honda CR-V has been sold in Australia since 1997 and is one of the most recognised mid-size SUVs in the country:

4th generation (RM series, 2012–2017): Values $10,000–$17,000 for good examples. The 2.4L petrol engine is proven and well-understood by mechanics.

**5th generation (RW series, 2017–2022):** The most commonly sold used CR-V, with the 1.5T turbocharged petrol engine:

  • 2020–2022 CR-V VTi-LX: $32,000–$38,000
  • 2018–2020 CR-V VTi-S: $24,000–$30,000

vs Toyota RAV4: The CR-V typically trades at a 5–10% discount to an equivalent RAV4.

What affects CR-V value most

Engine type: The hybrid CR-V (2019+) holds significantly better values than non-hybrid equivalents — $4,000–$8,000 premium. Petrol-electric demand has surged as fuel prices remain elevated.

Variant: VTi-LX and VTi-X premium variants command $3,000–$6,000 premiums over base VTi models.

Service history: Honda dealers maintain detailed digital records. A full Honda dealer stamp history is a strong selling point.

Frequently asked questions

Is the Honda CR-V 1.5T engine reliable?

Post-2018 updates addressed early concerns with oil dilution. Cars with updated software and regular servicing (oil changes every 5,000 km) have generally been reliable.

CR-V hybrid or petrol — which is worth more used?

Hybrid CR-Vs command a $4,000–$8,000 premium over comparable petrol models due to fuel efficiency appeal and reduced supply of hybrid examples.

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