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