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What is a 2024 Honda HR-V worth?

Our estimate for a 2-year-old Honda HR-V in average condition with typical mileage, on 2026 market pricing.

Retail value today
R 359 240
R 326 908 to R 391 572
Trade-in offer
R 316 131
what a dealer would pay
Cost new (est.)
R 485 074
2024 launch pricing
Value kept
74%
R 125 834 depreciated

The 2024 HR-V on its value curve

R0R125kR250kR375kR500kNow1y2y3y4y5y6y7y8yYears from now

The marker shows where a 2024 model sits today: 2 years in, 26% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 10% a year.

If you buy it now

Fair buy price (retail)R 359 240
Worth in 1 yearR 323 697
Worth in 3 yearsR 257 072
3-year cost of ownership (depreciation)R 102 168
±Monthly financedR 6 279/m

Depreciation only; fuel, insurance and maintenance excluded.

Is one year newer worth it?

Model yearEst. retailStep up costs
2025R 420 615See value →
2024 (this page)R 359 240+R 61 375 to newest
2023R 306 822+R 113 793 to newestSee value →

2024 Honda HR-V: common questions

What is a 2024 Honda HR-V worth in South Africa?

Around R 359 240 as a retail asking price, with clean low-mileage examples reaching R 391 572 and higher-mileage cars closer to R 326 908. A dealer trade-in offer would sit near R 316 131.

Is a 2024 Honda HR-V a good buy now?

It has already absorbed 26% of its new-car depreciation. If you buy at R 359 240 and keep it three years, expect it to shed roughly R 102 168 more. As a mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.

What did a 2024 Honda HR-V cost new?

About R 485 074 at launch pricing in 2024 (our estimate, deflated from today's list price). It has kept 74% of that.

What would financing a 2024 Honda HR-V cost monthly?

At R 359 240 over 72 months at 11.75% with 10% down, roughly R 6 279 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.

Keep going

Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.