How much should I pay for a Honda CRV 2024?
New 2024 Honda CR-V pricing generally runs from about $30,000 up to $40,000 before taxes and fees, depending on trim and drivetrain. This article breaks down what you should expect to pay, what factors influence the final price, and practical tips to secure a fair deal. It also covers how pricing looks for the hybrid variant and what to consider if you’re weighing a new versus a used model.
Price landscape for the 2024 Honda CR-V
To understand current market reality, here are typical new-car price ranges by gasoline trims, before destination charges, taxes, and dealer fees. Regional differences and incentives can shift these numbers, but they offer a baseline for planning your budget.
- LX (gasoline): approximately $28,000–$30,000
- EX (gasoline): approximately $31,000–$34,000
- EX-L (gasoline): approximately $34,000–$37,000
- Touring (gasoline): approximately $37,000–$40,000
Prices above reflect sticker MSRPs and typical dealer markups vary by region, inventory, and demand. Always verify the exact MSRP for your area on Honda’s official site and at local dealers, and compare offers to understand the range you should target.
Hybrid models: a premium option with efficiency
Hybrid variants generally carry a price premium versus their gasoline-only counterparts, reflecting their improved fuel economy and different drivetrain engineering. The hybrid lineup follows a similar trim structure, with pricing that commonly sits above the gasoline equivalents.
- Hybrid EX: roughly $34,000–$37,000 (roughly aligning with the gasoline EX but with hybrid pricing)
- Hybrid EX-L: roughly $38,000–$41,000
- Hybrid Touring: roughly $41,000–$45,000
Note that exact numbers depend on the specific rollout in your region, available incentives, and any dealership-added options. If fuel savings matter most, calculate the total cost of ownership over several years to gauge the true value of the hybrid model.
Other costs to consider when buying
Sticker price is only part of the story. Several additional costs can influence the total outlay for a new CR-V, or affect the affordability of a given trim.
- Destination charge: around $1,200–$1,300, depending on trim and region
- Taxes, title, and registration: vary by state and locality
- Dealer-installed options and add-ons: paint protection, extended warranties, roof racks, and accessories
- Financing terms and interest rates: can shift the monthly payment significantly
- Insurance premiums: depend on your driver profile and coverage choices
When negotiating, factor these costs into your target price to avoid sticker shock at signing. Some dealers may include or exclude certain fees, so read the contract carefully before committing.
Strategies to land the best price
Smart shoppers deploy a mix of preparation, timing, and negotiation tactics to improve their chances of a fair deal. The following steps are widely recommended by consumer car buying guides and dealerships alike.
Below is a sequence of practical steps you can follow to maximize your savings and avoid common pitfalls.
- Research the MSRPs and invoice prices for your preferred trim and drivetrain, then set a target price near the lower end of the range.
- Check for current incentives, such as manufacturer financing offers, lease deals, or region-specific promotions.
- Compare prices across multiple dealers in your area, including offers from national or online retailers.
- Be ready to negotiate on the total price rather than monthly payment alone, and avoid adding unnecessary add-ons at the dealership.
- Consider timing your purchase toward month-end or quarter-end when sales quotas may influence dealer flexibility.
- Experiment with different financing approaches (cash purchase vs. loan) to see which yields the best effective price after incentives.
Concluding price negotiations with a well-researched target and a willingness to walk away can yield meaningful savings without sacrificing the vehicle you want.
New vs used 2024 CR-V pricing
If you’re weighing new versus used, a 2024 CR-V can still present compelling value due to updated features and safety tech. Used examples will depend heavily on mileage, condition, and regional demand, and they may approach or even exceed some new-car deals if supply is tight. In general, a lightly used 2024 CR-V with modest mileage often lands somewhere in the mid-to-upper $20,000s to mid-$30,000s range, with variations by trim and options. Always review the vehicle history, obtain a multipoint inspection, and compare against current new-car incentives to decide which path offers the best total value.
Summary
The 2024 Honda CR-V presents a broad price spectrum driven by trim, drivetrain (gasoline versus hybrid), and regional incentives. Expect roughly $30,000 to $40,000 for a new, gasoline-powered CR-V, with hybrids adding a premium. Destination charges, taxes, and dealer add-ons can push the final outlay higher, so base your target price on full out-the-door costs. Do your homework with MSRP, invoice data, and current promotions, compare several dealers, and negotiate toward a price near the lower end of the advertised range. For the most precise figure, consult Honda’s official pricing in your area and request out-the-door quotes that itemize all fees.
