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2002 Honda CR-V
Invoice: $17,371 - $19,861
Miles Per Gallon
City: 21 MPG - 23 MPG
Highway: 25 MPG - 28 MPG
Body Style: N/A
Engines: 2.4L I-4 160 HP
Honda is treading on tender parchment with its new CR-V. Is it a yet another mini-sport utility? Or is it a revisionist/retro station wagon? Actually, it's neither. Or it's both, depending on your aesthetic/measurement. As such, it bests many of its immediate competitors in both qualitative and quantitative measures, while trailing in a few minor areas. At the same time, it faces off against a major, up-scale demi-ute bearing a logo more often seen on a squared-off 4X4 loping across sand dunes or winching a lesser vehicle out of a bog. The new CR-V still isn't an off-road vehicle, but it is a major improvement over the previous model.
Purchasing an older vehicle, such as the 2002 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 2002 Honda CR-V for less money than when it was new. If the 2002 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 2002 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 2002 Honda CR-V will have a very good resale value. This assumes that the 2002 Honda CR-V is in good condition and has a reasonable number of miles.
Find a used 2002 Honda CR-V for sale at CarsDirect.
