Mazda CX-5 vs Honda CR-V vs Proton X70 Depreciation in Malaysia
Quick answer
In this selected sample from Intercontinental Motors' in-house records, the 2024 Mazda CX-5 2.0 High recorded the lowest observed raw depreciation at 37.8%, retaining 62.2% of its reference Malaysian new-car price. Its observed in-house wholesale price was RM100,400 against a reference new price of RM161,469.
It was not the lowest-mileage vehicle in the comparison; that was the 2024 Proton X70 Premium 1.5. Condition and history were not available, so the result remains descriptive rather than conclusive.
Why this comparison matters
Mid-size SUVs compete on family space, comfort, safety and long-distance usability. Their higher new prices create meaningful ringgit depreciation, while condition, tyres, accident history and technology can materially influence buyer confidence.
The figures below use observed in-house wholesale prices rather than retail asking prices. Wholesale values usually allow for inspection uncertainty, preparation cost, warranty exposure, financing support, stock-holding time and dealer margin. They should not be presented as guaranteed retail market values.
Depreciation comparison
| Vehicle | Mileage (approx. per year) | In-house wholesale price | Reference new price | Value retained | Actual depreciation | Simple loss per year |
|---|---|---|---|---|---|---|
| 2024 Mazda CX-5 2.0 High | 24,619 km (12,310/yr) | RM100,400 | RM161,469 | 62.2% | RM61,069 (37.8%) | RM30,534 |
| 2024 Honda CR-V S 1.5 | 31,075 km (15,538/yr) | RM98,500 | RM159,900 | 61.6% | RM61,400 (38.4%) | RM30,700 |
| 2024 Proton X70 Premium 1.5 | 10,051 km (5,026/yr) | RM69,000 | RM117,900 | 58.5% | RM48,900 (41.5%) | RM24,450 |
What the sample shows
From lowest to highest raw depreciation, the selected observations rank as: Mazda CX-5 2.0 High (37.8% loss), Honda CR-V S 1.5 (38.4% loss), Proton X70 Premium 1.5 (41.5% loss).
The gap between the lowest and highest raw depreciation was 3.7 percentage points. The lowest simple annual ringgit loss was Proton X70 Premium 1.5 at RM24,450 per model year. Percentage loss, actual ringgit loss and annualised loss measure different things, so they should be read together.
How mileage changes the interpretation
The selected vehicles range from 10,051 km to 31,075 km. The lowest-mileage observation was the 2024 Proton X70 Premium 1.5, while the highest-mileage observation was the 2024 Honda CR-V S 1.5.
Mileage is displayed and converted into an approximate kilometres-per-model-year figure, but no arbitrary RM-per-kilometre adjustment is applied. A proper mileage-adjusted valuation would also need exact registration dates, condition grades, service history, accident and flood history, ownership type, location and multiple comparable transactions.
What usually affects value in this segment
Family-SUV buyers pay attention to rear-seat space, boot usability, safety equipment, fuel use and maintenance history. A clean inspection and accurate condition description can be especially valuable because body repairs and ADAS calibration are expensive.
Advice for used-car buyers
- Inspect tyres, suspension, steering and underbody condition.
- Check ADAS cameras and sensors after any windscreen or body repair.
- Test the air-conditioning, powered tailgate and all rear-seat functions.
- Review turbo, transmission and scheduled-maintenance records.
Before booking, compare like with like: same year, exact variant, local or recon status, mileage band, ownership history and realistic condition. An unsold online advertisement is not proof of the final transaction value.
Advice for owners planning to sell
- Provide clear family-use and service history.
- Repair broken cameras, sensors or powered features before listing where economical.
- Photograph the boot, rear seats, tyres and service records.
- Consider consignment when the SUV is clean and the owner wants professional retail presentation.
Owners who need a faster exit may prefer a direct sale or trade-in. Owners with a presentable car, complete documents and more time may consider managed car consignment, where Intercontinental Motors can assist with presentation, enquiries, viewings, financing coordination, PUSPAKOM, ownership transfer and handover steps.
Buy, sell or consign with Intercontinental Motors
Browse available used cars, explore more used-car buying guides, or submit your car for a selling assessment.
Intercontinental Motors is located at Lot 27668, Jalan Nuri 7, Off Persiaran Surian, Kota Damansara, Petaling Jaya. View the location and Klang Valley service areas.
Frequently asked questions
Which mid-size SUV retained more value in this sample?
The selected 2024 Mazda CX-5 2.0 High recorded the lowest raw depreciation percentage, narrowly ahead of the Honda CR-V S.
How close were the CX-5 and CR-V results?
Their raw depreciation percentages were separated by less than one percentage point in this selected sample. Condition and mileage could easily change the order.
Why did the X70 have the lowest annual ringgit loss?
Its reference new price was lower, so the total ringgit loss was smaller even though its percentage depreciation was higher.
What helps a used SUV sell faster?
Realistic pricing, complete service records, clean tyres and interior, transparent accident history and high-quality photographs all help produce more qualified enquiries.
Methodology and price sources
This article uses 3 selected vehicle observations from an internal dataset containing 850 raw in-house records and 820 unique observations after exact deduplication. Depreciation is calculated as reference new price minus observed in-house wholesale price. Simple loss per year divides that amount by model-year age using 2026 as the analysis year.
- 2024 Proton X70 Premium 1.5: reference price RM117,900. 2022 Proton X70 MC launched in Malaysia. Price basis: Premium 1.5 list price.
- 2024 Honda CR-V S 1.5: reference price RM159,900. 2024 Honda CR-V launched in Malaysia. Price basis: S launch price.
- 2024 Mazda CX-5 2.0 High: reference price RM161,469. 2024 Mazda CX-5 facelift launched in Malaysia. Price basis: 2.0 High launch/list price.