Mazda CX-5 vs Honda CR-V vs Proton X70 Depreciation in Malaysia
Published / last reviewed: 18 July 2026
Prepared by the Intercontinental Motors Market Insights Team. Vehicle-specific figures should be reviewed by the Intercontinental Motors valuation team before publication.
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
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.