2023 Honda CR-V
Value analysis and depreciation guide
Total Depreciation
This vehicle holds its value well compared to average.
Projected Future Values
2023 Honda CR-V Value Summary
Your 2023 Honda CR-V holds about $24,100 today. It started at $31,100 new. Owners see a 22% drop over three years. That breaks down to $2,300 per year. Compact SUVs lose value faster. This slow pace keeps more cash in your pocket at sale time.
Sidekick bases these numbers on average mileage and clean history. Trims, options, condition, and your area change exact prices.
Depreciation Curve
Check this year-by-year curve from new to six years old. Sidekick rounds values to the nearest $100. We assume average miles and good shape.
| Age | Calendar Year | Estimated Value | Change From New | Total Depreciation |
|---|---|---|---|---|
| New | 2023 | $31,100 | $0 | 0% |
| Year 1 | 2024 | $27,400 | -$3,700 | 12% |
| Year 2 | 2025 | $25,500 | -$5,600 | 18% |
| Year 3 | 2026 | $24,100 | -$7,000 | 22% |
| Year 4 | 2027 | $22,000 | -$9,100 | 29% |
| Year 5 | 2028 | $20,300 | -$10,800 | 35% |
| Year 6 | 2029 | $18,500 | -$12,600 | 41% |
Sidekick matches year three and later to market data. We smooth early years to hit the 22% mark at three years.
What Drives CR-V Value
Mileage
Low miles boost prices. Stick to average annual miles to hold value. High-mile CR-Vs sell cheap and drop quick.
Condition and History
Fresh paint and no dents shine. Clean interiors draw buyers. Share accident-free records to build trust and get top offers.
Trim and Features
EX and EX-L trims sell fast used. All-wheel drive wins in snow country. Safety tech and gadgets make your ad pop.
Hybrid vs Gas
Hybrids pull strong bids for fuel savings. Gas versions hold even in cheap-gas spots. Your local market tips the scale.
Region and Season
Buyer-heavy areas lift prices. Spring and early summer spike SUV sales. Sell before road trips heat up.
Presentation
Sharp photos sell. Wash and detail the car. List service history to prove your care.
Future Projections
Sidekick scans market data and trends for these outlooks. We use average miles and good condition.
- 1-year outlook: $22,000
- 3-year outlook: $18,500
- 5-year outlook: $15,000
Drops stay steady past year three. Plan sales in one to three years for solid demand and prices you can count on.
How the CR-V Stacks Up
The 2023 CR-V beats most compact SUVs on value hold. Buyers love it. Reliability keeps resale strong.
Versus the Segment
Compact SUVs shed value fast in years one to five. CR-V stays above average. You get more back at trade or sale.
Key Competitors
- Toyota RAV4: Matches CR-V close. They swap top resale spots by market.
- Mazda CX-5: Holds well. CR-V edges ahead on wide demand.
- Ford Escape: Drops quicker. CR-V pays more at sale.
- Chevrolet Equinox: Starts cheap but falls fast. CR-V keeps owners ahead long term.
Bottom Line
2023 Honda CR-V sits at $24,100 now. It dropped 22% from $31,100. Expect $22,000 in one year and $18,500 in three. Five years lands near $15,000. This even path lets you plan easy.
Own a CR-V? Years three to five mix great use with resale value. Hit spring or summer markets. Fix dings, keep records, and stage well for max cash.
Shop used? Pay a premium over some rivals. It pays off later. Hunt average miles, clean past, and your must-have features. CR-V delivers steady demand and no surprises.
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Get Your Free AnalysisLast updated: 2/6/2026