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Honda

Honda - HR-V (2016)

Looking for a reliable compact crossover that blends style, practicality, and an affordable price tag? The Honda HR‑V remains one of the most popular options in its category, and whether you’re interested in a brand‑new model or a well‑maintained used ride, the Honda HR‑V price range varies across markets, mileage, and condition. This overview will help you get a clear picture of what to expect from the 2016 edition – a choice that many buyers still favor for its balance of features and value.

  • Model year: 2016
  • Engine: 1.5 L SOHC i-VTEC, 158 hp / 148 lb‑ft
  • Transmission: 6‑speed automatic (available with CVT in newer trims)
  • Fuel type: Regular unleaded gasoline
  • Drivetrain: Front‑wheel drive (FWD); all‑wheel drive optional on higher trims
  • Exterior dimensions: Length = 4,350 mm; Width = 1,770 mm; Height = 1,615 mm; Wheelbase = 2,590 mm
  • Interior capacity: 5 occupants, up to 83 ft³ of cargo when rear seats folded (11 ft³ base, 58 ft³ rear)
  • Safety features: Dual‑zone airbags, ABS with EBD, electronic stability control, rear‑view camera
  • Infotainment: 5.0‑inch touchscreen (or optional 6.5‑inch), Bluetooth, Apple CarPlay/Android Auto (in recent trims)
  • Warranty: 3‑year/36‑kmi basic warranty; 5‑year/60‑kmi power‑train coverage → Honda HR‑V depreciation is often mitigated by extended coverage options
  • Key selling points: Spacious interior for its size, versatile seating, fuel‑efficient 1.5‑L engine
  • Popular trims in 2016: BASE, EX, EX‑L

Depreciation Insights

When planning a purchase, it’s essential to grasp how the Honda HR‑V depreciation curve behaves after the first few years. Generally, a new vehicle will typically lose 15–20 % of its value in the first year due to the initial depreciation shock.

  • **First year:** 15–20 %
  • **Second year:** 10–12 % (cumulative ~25–30 %)
  • **Third year:** 7–9 %
  • **Beyond four years:** 5–7 % annually

For a 2016 Honda HR‑V, these numbers translate into a used Honda HR‑V price that reflects a vehicle roughly 5–6 years old today. While mileage and maintenance records play a major role, a model with 80,000 mi in good condition is typically worth about 35–40 % of a new model’s MSRP in many markets. Keep in mind that regional variations, supply‑demand dynamics, and local incentives can shift this figure slightly.

Comparison Context

How does a Honda HR‑V 2016 price stack up against its competitors? In the compact crossover segment, the HR‑V often competes with the Honda CR‑V, Toyota RAV4, and Nissan Rogue. While the CR‑V and RAV4 offer slightly more power and a larger cargo area, the HR‑V’s dimensions make it more maneuverable in tight city streets.