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Honda

Honda - CRV (2008)

Ever wondered how the 2008 Honda CRV holds its value in today’s market? Whether you’re searching for a used Honda CRV price or simply curious about what a 2008 Honda CRV is worth, this guide offers a detailed snapshot of the vehicle’s specifications, depreciation trend, and its standing relative to similar midsize SUVs.

Introduction

The 2008 Honda CRV, a stalwart in the compact‑SUV segment, combines reliable engineering with a practical interior. As a vehicle that has survived multiple model refreshes, its Honda CRV price varies widely—depending on mileage, condition, and regional demand. Below we break down the core specs that define the 2008 model, examine how it depreciates over time, and compare it to its peers such as the Toyota RAV4 and Subaru Forester.

Key Specifications – 2008 Honda CRV
  • Engine: 2.4‑L L4 DOHC 16‑valve i-VTEC inline‑four, 178 hp @ 5800 rpm, 177 lb‑ft torque @ 4400 rpm.
  • Transmission: 5‑speed automatic (style A4) or 6‑speed manual (style A6).
  • Fuel Type: Regular gasoline (87 octane).
  • Fuel Economy: EPA estimated 16 mpg city / 21 mpg highway (automatic) — 18 mpg city / 23 mpg highway (manual).
  • Dimensions: Length 174.7 in / width 71.8 in / height 65.3 in; wheelbase 107.5 in.
  • Cargo Capacity: 23.7 cu ft (rear seats up); 52 cu ft (rears folded).
  • Safety: Dual front airbags, front and side curtain airbags, ABS with EBD, stability control (optional).
  • Interior: Cloth upholstery, 60/40 split-folding rear seats, rear‑view camera (optional), 6‑speaker audio system.
  • Trim Levels: LX, EX, EX‑L, EX‑Sport.
  • Drive Configuration: Front‑wheel drive (FWD) standard; optional all‑wheel drive (AWD) available in most trims.
Depreciation Insight

Understanding Honda CRV depreciation is key for buyers and sellers alike. The 2008 model follows a typical pattern seen across non‑luxury SUVs:

  • First year: The vehicle normally loses about 15 %–20 % of its launch price, driven mainly by the “new car” upgrade stroke.
  • Second to third year: Depreciation slows to roughly 10 % per year, as the model steps into the “established vehicle” phase.
  • After four years: The annual loss further tapers to around 7 %–8 % per year, largely influenced by mileage, mechanical condition, and market trends.

These figures are averages; the actual used Honda CRV price can vary based on region, mileage, and condition. In most U.S. markets, a 2008 CRV with 60,000 mi in good shape might trade at 55–60 % of its original MSRP.

What Is a 2008 Honda CRV Worth?

Prospective buyers often ask, “what is a 2008 Honda CRV worth?” While a definitive price cannot be provided without factoring in local market nuances, the consensus is that the vehicle fetches roughly 50‑60 % of its 2008 MSRP after 10 years. For example, a 2008 CRV with 80,000


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