Honda CR-V - MPG, CO2 and running costs
Reasonable residuals, but Honda CR-V insurance is likely to be pricey, and there are more efficient hybrids out there
It doesn't help that the Honda CR-V e:HEV hybrid is four-wheel drive, because the extra weight of such a system hurts efficiency. The official economy figure is 42.8mpg, which is a little better than the Hyundai Santa Fe and Kia Sorento, but lags behind rivals offering two-wheel-drive alternatives such as the Ford Kuga, Renault Austral, and Toyota RAV4. This also means that CR-V emissions are higher, so it sits in a higher company car tax band than those rivals mentioned above, and will cost more money to run.
The e:PHEV plug-in hybrid has the best economy on paper at 353.1mpg, but you’ll need to charge it very regularly and use the petrol engine sparingly to get better economy than the regular hybrid. Even then, based on our experience with PHEVs, it's doubtful that you’ll get close to the advertised figure in the real world.
The plug-in hybrid is likely a much better choice for company car drivers because it emits just 18g/km of CO2 in WLTP testing, and can travel up to 51 miles on a single charge. That slots the CR-V comfortably within the eight per cent company car tax band, which is better than the equivalent Santa Fe and Sorento plug-in hybrids. If you really want to save some money here, you’ll need to look at an electric car like the Tesla Model Y, because that’s in an even lower tax bracket.
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If you have a 7kW wallbox charger at home, you can fully recharge the e:PHEV CR-V in two and a half hours.
Insurance groups
Despite all the advanced safety features designed to help prevent you from getting into a collision, the CR-V will likely cost you more to insure than rivals. The e:HEV hybrid is in group 34, while the e:PHEV plug-in hybrid is in 37. That’s a lot higher than a RAV4, starting in group 26, or even the Kuga hybrid in just group 20.
Still, at least it’ll cost less than the all-electric alternative. The additional performance of the Model Y means even the least potent RWD model is in group 46.
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Depreciation
Our data suggests that the CR-V is on par with the Santa Fe and Sorrento in terms of depreciation, maintaining around 52 per cent of its resale value after three years/36,000 miles.
That puts it behind the Renault Austral, though. In Techno form, the Austral is likely to be still worth 55 per cent of its original value.
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