Blog Entry
SanTan Honda Report: 2012 Honda CR-V Named 10 Best Cars Money Can Buy
November 28, 2011 by HondaExperience, under Honda CR-V.
Photo: 2012 Honda CR-V
The 2012 Honda CR-V isn’t even on sale yet, and already it’s being hailed as one of the 10 best cars money can buy.
The 2012 CR-Z just landed on Kelley Blue Book’s annual Best Resale Value Awards Top 10 list, which recognizes the current and forthcoming vehicles that are projected to retain the best value throughout the initial five-year ownership period. Since depreciation (or loss of value) is typically a car buyer’s primary expense during ownership, these awards are designed to help consumers make more informed car-buying decisions.
While most car buyers today consider sticker price one of the most significant numbers when choosing a new vehicle, the editors at Kelley Blue Book’s kbb.com recommend that shoppers consider a number they won’t find on any window sticker: the resale value.
“Depreciation often is the greatest expense incurred by drivers during the first five years of vehicle ownership,” write the editors at kbb.com. “Vehicle shoppers should take several factors into consideration when buying a new car to ensure as much future value as possible. Just because a car is expensive or from a luxury brand does not necessarily mean it will hold its value better than an inexpensive car down the road.”
According to kbb.com, the 2012 CR-V will hold 58% of its resale value at 36 months, and 44% at 60 months – well above its competitors competitors.
You can check out the current 2011 CR-V – winner of last year’s Best Resale Value Award – at SanTan Honda in Chandler. We’ll let you know as soon as the 2012 CR-V hits our Chandler Honda dealership.
