The battle for supremacy in the budget 7-seater segment is a hotly contested one, fought primarily between three key players. The established and successful Toyota Avanza, the recently refreshed Suzuki Ertiga and for the last three years, the Honda BR-V.
All of these models come in at a little over the R200 000 mark and will top out a smidge over the R300 000 mark. Buyers considering one of these vehicles have a rather specific set of requirements and value for money rates very high on this list.
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Before committing to a specific make or model, you'll want to know which one is going to retain the most value, even after years of faithful service. We're looking at the Honda BR-V and their various trims and how far they've depreciated over the last 3 years.
We're working with an average value on a 2017 model Honda BR-V and are not taking into account the condition or mileage of the sampled vehicles. This only serves to show the market value of the vehicles and how much depreciation has affected it over the years.
Honda BR-V 1.5 Trend Manual
2017 Price - R238 900
New Price - R258 800
Current Value - R200 000
Percentage Loss - -16.28%
Honda BR-V 1.5 Comfort Manual
2017 Price - R252 900
New Price - R285 000
Current Value - R183 250
Percentage Loss - -27.54%
Honda BR-V 1.5 Comfort CVT
2017 Price - R268 300
New Price - R302 300
Current Value - R198 000
Percentage Loss - -26.20%
Honda BR-V 1.5 Elegance Manual
2017 Price - R272 900
New Price - R307 600
Current Value - R205 000
Percentage Loss - -24.88%
Honda BR-V 1.5 Elegance CVT
2017 Price - R288 300
New Price - R324 800
Current Value - R222 500
Percentage Loss - -22.82%
Verdict
The biggest loser in this study is the Honda BR-V Comfort with a manual gearbox, losing over 27% of its original value in the span of three years. The model with the least depreciation is the somewhat unpopular 1.5 Trend which is only available with a manual gearbox. This one has lost less than 20% of its original value over the last three years. We say it's unpopular as there were fewer Trend models to sample in this study than any of the other trims.
The Trend model is the entry-level BR-V offering but still manages to offer features such as air-conditioning, front and rear electric windows and remote keyless entry. The Trend model is also equipped with a Bluetooth and USB, 4-speaker audio system.
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