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2001 Honda CR-V
Invoice: $17,137 - $20,832
Miles Per Gallon
City: 22 MPG
Highway: 25 MPG
Body Style: N/A
Engines: 2.0L I-4 146 HP
Honda's CR-V hauls cargo and kids, battles bad weather, and is easy to drive. Honda knows most sport-utilities rarely leave the pavement, and the CR-V was not intended to tackle tough terrain. Its extra cargo room offers some of the usefulness of a minivan, but the CR-V was based on a car platform and retains car-like drivability.
Purchasing an older vehicle, such as the 2001 Honda CR-V, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2001 Honda CR-V for less money than when it was new. If the 2001 Honda CR-V was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2001 Honda CR-V is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2001 Honda CR-V will have a very good resale value. This assumes that the 2001 Honda CR-V is in good condition and has a reasonable number of miles.
Find a used 2001 Honda CR-V for sale at CarsDirect.
