The Honda CR-V has been one of the most consistent compact SUV performers over the past decade, and the 2021 model represents a refined version of the fifth generation. For Indiana buyers, the CR-V offers competitive fuel economy, strong reliability, and a practical interior at a price point that competes directly with the RAV4.
Purchase Price Range
Used 2021 CR-Vs in Indiana are currently selling in the $26,000 to $31,000 range for EX and EX-L trims with 25,000 to 45,000 miles. The CR-V Hybrid commands approximately $3,000 to $5,000 more than the comparable non-hybrid. The EX is the most common configuration offering a good balance of features and price.
Fuel Cost
At 12,000 annual miles, a 2021 CR-V EX costs approximately $1,400 to $1,600 per year in fuel based on real-world economy of around 29 mpg combined. The CR-V Hybrid reduces this to approximately $1,000 to $1,200 annually. Premium fuel is not required for any CR-V configuration.
Insurance Cost
CR-V insurance costs are comparable to the RAV4, typically running $1,150 to $1,550 per year for full coverage in Indiana. The CR-V's strong safety scores and high repair cost predictability keep insurance rates competitive within the compact SUV segment.
Maintenance
Honda's Maintenance Minder system extends oil change intervals beyond the traditional 5,000-mile schedule when driving conditions allow. Routine maintenance through 60,000 miles typically costs $700 to $1,100 for CR-V owners. The 1.5-liter turbocharged engine requires regular attention to coolant condition and air filter replacement.
Depreciation and Resale
The CR-V depreciates at a rate similar to the RAV4, retaining approximately 53 to 58 percent of value after three years of typical ownership. This places it among the stronger value-retention vehicles in the compact SUV segment and makes it a reasonable choice for buyers who prioritize total cost of ownership.
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