2023 Honda CR-V Hybrid: Is It Priced Too High?

2023 Honda CR-V Hybrid – Review

What’s New

For 2023, the CR-V has increased in size to offer owners and their passengers more comfort and leg space.  The overall size has increased by 2.7” in length and 1.6” in wheelbase width.

FWD and AWD trims are still available, with the inclusion of Hybrid power being an option on the top Sport Touring trim in the US and exclusive Touring trim in Canada.

The price has increased along side the inclusion of elevated Honda Sensing Driver Assisted Technology, which now sees the CR-V being equipped with standard automatic emergency braking, blindspot monitoring, lane keep assist and an updated version of Honda’s adaptive cruise control system.

Is It Worth The High Price?

Discover the 2023 Honda CR-V Hybrid’s superior performance and fuel efficiency, but is it worth the price? Compared to competitors like the Toyota RAV4 Hybrid and Kia Sportage Hybrid, the CR-V comes with a higher price tag. When looking at the top trims side-by-side, is the 2023 Honda CR-V priced too high? Explore the features and benefits of the 2023 Honda CR-V Hybrid and decide for yourself.

2023 Honda CR-V Touring Hybrid Price:

MSRP CA $50,971 or US $39,100 +tax 2023
Toyota Rav4 EXL Limited AWD Hybrid Price: MSRP CA $40,053.20 or US $38,530 +tax
2023 Kia Sportage SX Prestige Hybrid AWD Price: MSRP CA $43,195(HEV SX) or US $36,390 +tax

Cargo Comparisons
2023 Honda CR-V Hybrid Max Cargo Capacity = 2,030L or 71.69 cu. ft.
2023 Toyota Rav4 Hybrid Max Cargo Capacity = 1,976.5L 69.8 cu. ft. 2023
Kia Sportage Hybrid Max Cargo Capacity = 2,087L 73.7 cu. ft.

Honda CR-V Hybrid Motor Specs 2L, 4-cylinder, eCVT transmission producing 204hp with 247 lb.ft. torque

Real-World Fuel Economy Test ECO Mode (lots of traffic) 6.8L combined average
Normal Mode (high) 9.2L combined average

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