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How Much Should I Pay: 2008 Honda CR-V

 

Question From Mary Ann:  Looking to purchase a 2008 Honda CR-V EX-L 4WD, and am leaning towards used to save some cash! Most of the CPO prices, however, are actually higher than new MSRP!! Wondering what wholesale prices are for this car, and could you maybe look at a couple of different mileages? highest was around 20,000; 15,000; 10,000; 5,000; 3,000; and 8 miles.

Thanks so much for all of your help!!!

Queen of the Road: Hi Mary Ann! Here goes…

For a 2008 Honda CR-V 4WD EX-L with 20,000 miles, wholesale prices range from $25,000 (being in above average condition) to $24,100 (being in average condition) and $23,300 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $25,600 to $27,500.

For a 2008 Honda CR-V 4WD EX-L with 15,000 miles, wholesale prices range from $25,300 (being in above average condition) to $24,400 (being in average condition) and $23,500 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $25,900 to $27,800.

For a 2008 Honda CR-V 4WD EX-L with 10,000 miles, wholesale prices range from $25,500 (being in above average condition) to $24,700 (being in average condition) and $23,800 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $26,200 to $28,100.

For a 2008 Honda CR-V 4WD EX-L with 5,000 miles, wholesale prices range from $25,800 (being in above average condition) to $24,900 (being in average condition) and $24,100 (being in below average condition). Keep in mind that the numbers above are the wholesale prices. A dealership will usually aim to sell it for +12%-14% more than wholesale, so their estimated retail prices could range from $26,500 to $28,300.

Goodluck and keep us posted!



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