Honda HR-V value and depreciation
Known for comfortable easy-to-own compact suv.
Projected value of a new Honda HR-V
We class the Honda HR-V as a mainstream in our 12-tier model, which puts its retention at roughly 67% after three years and 53% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
Retention table
| After | Retained | Retail value | Trade-in |
|---|---|---|---|
| 1 year | 82% | R 443 748 | R 390 498 |
| 3 years | 67% | R 360 283 | R 317 049 |
| 5 years | 53% | R 286 129 | R 251 794 |
| 7 years | 42% | R 224 714 | R 197 748 |
| 10 years | 28% | R 153 801 | R 135 345 |
Estimates for a new purchase at R 539 900; retail basis, trade-in ≈ 12% under retail.
On sale here since 2015, the HR-V is Honda SA's core compact SUV, now in its second generation with a coupe-like roofline and a 1.5 petrol. It trades on comfort and dependability rather than pace. Resale is respectable although the segment is crowded with cheaper Chinese rivals.
What used HR-V years are worth today
Tap a year for the full breakdown: value range, remaining depreciation, and what to pay.
| Year | Est. retail today | Trade-in | |
|---|---|---|---|
| 2026 HR-V | R 539 900 | R 475 112 | Details → |
| 2025 HR-V | R 420 615 | R 370 141 | Details → |
| 2024 HR-V | R 359 240 | R 316 131 | Details → |
| 2023 HR-V | R 306 822 | R 270 003 | Details → |
| 2022 HR-V | R 259 175 | R 228 074 | Details → |
| 2021 HR-V | R 218 927 | R 192 656 | Details → |
| 2020 HR-V | R 184 929 | R 162 738 | Details → |
| 2019 HR-V | R 154 476 | R 135 939 | Details → |
| 2018 HR-V | R 129 039 | R 113 554 | Details → |
| 2017 HR-V | R 107 790 | R 94 855 | Details → |
| 2016 HR-V | R 90 040 | R 79 235 | Details → |
| 2015 HR-V | R 75 213 | R 66 187 | Details → |
HR-V against its rivals
Honda HR-V: common questions
What is a Honda HR-V worth after 3 years?
A Honda HR-V bought new today for R 539 900 is projected to be worth about R 360 283 after three years, which is 67% of its price. A dealer trade-in offer would sit closer to R 317 049.
Does the Honda HR-V hold its value?
We class the Honda HR-V as a mainstream in our 12-tier model, which puts its retention at roughly 67% after three years and 53% after five. Solid volume sellers from established brands. Around two thirds of the price left after three years.
What does a used Honda HR-V cost?
As a guide: a 2024 model is worth about R 359 240 retail today, while a 2015 model sits around R 75 213. Condition, mileage and spec move real prices by 10% or more either way.
What would a Honda HR-V cost per month?
Financing a new Honda HR-V at R 539 900 over 72 months at 11.75% with a 10% deposit comes to roughly R 9 437 per month before bank fees and insurance.
Keep going
All figures are modelled estimates for planning, not offers or valuations. Data reviewed 2026.