Honda CR-V - Fuel Efficiency and Cost Analysis

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【Summary】The Honda CR-V e:HEV hybrid has lower fuel efficiency and higher emissions compared to rivals with two-wheel-drive alternatives. The e:PHEV plug-in hybrid offers better efficiency and lower emissions, making it a better choice for company car drivers. The CR-V has higher insurance group ratings compared to competitors. In terms of depreciation, the CR-V maintains around 54-55% of its value after three years, but lags behind the Renault Austral Techno and Toyota RAV4 in maintaining value.

FutureCar Staff Oct 13, 2023 4:21 PM PT

Honda CR-V - Fuel Efficiency and Cost Analysis

The Honda CR-V e:HEV hybrid's four-wheel drive system hampers its efficiency due to the extra weight. It offers an official economy figure of 42.8mpg, slightly better than the Hyundai Santa Fe and Kia Sorento but falls behind competitors like the Ford Kuga, Renault Austral, and Toyota RAV4, which offer two-wheel-drive alternatives. As a result, the CR-V has higher emissions and sits in a higher company car tax band, leading to increased running costs.

For company car drivers, the e:PHEV plug-in hybrid is a more favorable option. It emits only 18g/km of CO2 in WLTP testing and can travel up to 51 miles on a single charge. This places the CR-V comfortably within the eight per cent company car tax band, surpassing the Santa Fe and Sorento plug-in hybrids. Those seeking greater savings should consider electric cars like the Tesla Model Y, which falls into an even lower tax bracket.

If you have a 6.8kW wallbox charger, you can fully recharge the e:PHEV CR-V in just two and a half hours.

Despite its advanced safety features, insuring the CR-V is likely to be more expensive compared to its rivals. The e:HEV hybrid falls into insurance group 34, while the e:PHEV plug-in hybrid is in group 37. This is considerably higher than the RAV4, which starts at group 26, or the Kuga hybrid, which is in group 20.

According to our data, the CR-V holds its value similarly to the Santa Fe, Sorento, and Nissan X-Trail, maintaining 54-55 per cent of its resale value after three years/36,000 miles. However, it falls behind the Renault Austral Techno and Toyota RAV4 2.5 PHEV GR Sport, as they retain nearly 60% of their value. For an accurate valuation of a specific CR-V model, you can use our valuation tool.