Honda Cr-V for sale in Rafah (Palestinian Territory)

Are you currently looking to buy (or sell) a Honda Cr-V in Rafah? Vehiclus studied the used auto market of all cities in Palestinian Territory to determine a pricing profile of various Honda models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your Cr-V (or to be sure to not be overcharged when purchasing a Honda Cr-V) it is very recommended to understand all value-determining variables.

Supply and Demand of Honda Cr-V on the local auto market

Rafah is a metropolitan area with a population of 126305 inhabitants. However, it is hard to find more than five Honda Cr-V on the used car market . Therefore, the supply is small and the demand depends on a multitude of factors e.g. car model reputation, brand popularity, and used car pricing.

Price Devaluation Curve of the Cr-V in Rafah

As shown below, cars of the make Honda and specially of their model Cr-V loose their value in a very conventional fashion. The mean price of the Cr-V will be lowered by 14% ($25,737) after only 1 year. After 3 years, the car usually is valued at 60% of its original asking price ($18,741) while it will only be worth 31% of the MSRP after 7 years ($7,913). The Cr-V's value after 12 years is only 10% of its initial price depending on its condition of course.

Depreciation according to mileage

One more way to describe car depreciation is to look at the loss of value over kilometers driven. The Honda Cr-V depreciation curve below shows this phenomenon for the city of Rafah. The Cr-V looses most of its value (approximately 45%) within the first 30,000km driven. The mean price for a Cr-V at that usage level is ca $16,605. After that the depreciation plateaus: at 90k kilometers the Honda Cr-V is priced for $9,905 in Rafah and for $4,379 at 180,000km of mileage.

Honda Cr-V price depending on condition (fair, good, excellent)

The last parameter that significantly influences the price of a used car is the technical and optical condition of the vehicle. The table below describes the devaluation of a Honda Cr-V according to its year and its condition.

Vehicle Year	Honda Cr-V Condition
	fair	good	excellent
2017	$25,931	$27,577	$29,223
2016	$22,804	$24,251	$25,699
2015	$19,898	$21,161	$22,424
2014	$17,214	$18,307	$19,400
2013	$14,752	$15,689	$16,625
2012	$12,512	$13,307	$14,101
2011	$10,494	$11,160	$11,826
2010	$8,698	$9,250	$9,802
2009	$7,123	$7,575	$8,027
2008	$5,770	$6,136	$6,502
2007	$4,639	$4,933	$5,228
2006	$3,729	$3,966	$4,203
2005	$3,042	$3,235	$3,428
2004	$2,576	$2,740	$2,903
2003	$2,332	$2,480	$2,628
2002	$2,310	$2,457	$2,603