Used 2023 Honda CR-V Hybrid for Sale nearLondon, ON

How much does the 2023 Honda CR-V Hybrid cost?

Prices have softened 9.08% compared to this time last year, making it a favourable time to shop this model year.

There are 333 listings available, which suggests you have a reasonable amount of inventory to compare.

Is the 2023 Honda CR-V Hybrid a good car?

Yes — the 2023 Honda CR-V Hybrid earns a 5/5 user rating and an 8.5/10 expert rating. The standout strength is Safety at 10/10.

Owners consistently praise the smooth ride, comfort, spacious interior, and advanced safety features. The model also fits buyers who want a fuel-efficient, stylish compact SUV with a practical, family-friendly layout.

The main trade-offs are touchy brakes at low speeds and a small moonroof. The single-trim setup also means you are shopping a top-spec version rather than choosing a simpler, lower-priced one.

With its focus on efficiency, comfort, and safety, it suits you best if you want a well-equipped hybrid SUV rather than a stripped-down value play. There are 34.8% good or great deals in the market, which gives you some room to find a competitive listing.

Is the 2023 Honda CR-V Hybrid reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

User feedback points to a dependable, trouble-free ownership experience, with owners especially appreciating the smooth ride, comfort, and the sense that the vehicle is easy to count on day to day. The hybrid setup also supports that impression by pairing efficiency with a calm driving character.

On the expert side, the powertrain is described as responsive and suitable for tasks like merging onto a highway, which reinforces the impression of a well-sorted, confidence-inspiring vehicle. Honda also positions the hybrid as the top choice in the lineup, which adds to its appeal for buyers who want a more complete package.

For used buyers, the main long-term risk is less about outright durability and more about whether the higher purchase price and feature expectations still make sense for your budget.

What should I look for when buying a used 2023 Honda CR-V Hybrid?

Key things to evaluate:

• Trim level: The Hybrid Touring is the only Canadian trim, so you should make sure the equipment level matches your expectations. It brings a more premium cabin feel, 19-inch wheels, black exterior accents, and a high-spec interior, but there is no lower hybrid trim to compare against.
• Powertrain: The hybrid combines a 2.0-litre four-cylinder engine with two electric motors for 204 horsepower and 247 lb-ft of torque. It uses a CVT, has Snow, Sport, Normal, and Econ drive modes, and includes regenerative braking with the “B” shifter position.
• Safety package: Honda Sensing is standard, along with front and rear parking sensors, rain-sensing windshield wipers, traffic jam assist, traffic sign recognition, low-speed braking control, blind-spot monitoring, cross-traffic monitor, rear-seat reminder, and rear seatbelt reminder. Note that trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor due to parts shortages.
• Infotainment: You get a 9-inch touchscreen, wireless Apple CarPlay and Android Auto, Wi-Fi capability, a wireless charging pad, and a 12-speaker Bose Premium audio system. Honda’s smart navigation system is also included.
• Fuel efficiency: The CR-V Hybrid is estimated to consume 6.0 L/100 km in city driving, 6.9 L/100 km on the highway, and 6.4 L/100 km combined.

Which 2023 Honda CR-V Hybrid trim should I buy?

The 2023 Honda CR-V Hybrid is offered in 1 trim level: Hybrid Touring.

Here's the short version:

The Hybrid Touring is the only choice, so your decision is really whether the fully loaded hybrid package fits your budget and priorities. It brings the 9-inch touchscreen, wireless smartphone integration, Bose audio, heated rear seats, a heated steering wheel, memory seating, and Honda’s smart navigation system. It is the best-value trim by default because there are no lower hybrid trims to step down to, but it is also the most expensive way into the hybrid powertrain.

Safety equipment is comprehensive, with Honda Sensing, parking sensors, rain-sensing wipers, traffic jam assist, traffic sign recognition, low-speed braking control, blind-spot monitoring, and cross-traffic monitor all standard. Be aware that some trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor because of parts shortages.

Is now a good time to buy a used 2023 Honda CR-V Hybrid?

This is a moderate, selective buyer’s market, so you should shop carefully and compare listings.

• Deal availability: 34.8% of listings are priced as good or great deals.
• Inventory: There are 333 listings available.
• Price trend: Prices have softened 9.08% compared with last year.

If you find a listing below $38,181 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Honda CR-V Hybrid's resale value?

The current average of $38,582 CAD sits slightly below last year's $42,437 CAD.

That price movement suggests the market has cooled, which can make the vehicle more attractive to used buyers today but less favourable for sellers trying to maximise return. If you own one, you may need to price competitively to stand out against the current inventory.

The good news for future resale is that the model has strong owner satisfaction and a clear value proposition built around efficiency, comfort, and safety. Those traits tend to support demand even when pricing softens.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Honda CR-V Hybrid safe?

The 2023 Honda CR-V Hybrid earns a Top Safety Pick+ award from the IIHS and five-star ratings from the NHTSA.

It earns a 10/10 safety score from our experts.

Honda Sensing is standard and includes collision mitigation, road-departure mitigation, lane-keeping assist, and adaptive cruise control. For 2023, the CR-V Hybrid also adds traffic jam assist, traffic sign recognition, low-speed braking control in Canada, blind-spot monitoring, cross-traffic monitor, front and rear parking sensors, rain-sensing windshield wipers, rear-seat reminder, and rear seatbelt reminder.

One caveat is that trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor because of ongoing parts shortages. Even so, the overall safety package is a major strength for this model year.

Should I buy a 2023 Honda CR-V Hybrid or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 34.8% of listings are priced as good or great deals.
• Price trend: Prices have softened 9.08% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• It is the first Canadian CR-V Hybrid and brings a single, well-equipped Touring trim.

Consider the 2024 if:

• At $39,864 CAD, the 2024 costs more than the current year's $38,582 CAD average.
• A lower-priced EX-L Hybrid trim arrives in Canada.

The bottom line: You should lean toward the 2023 if you want the current market price advantage and a fully equipped hybrid SUV with strong owner satisfaction. If you are more price-sensitive and want a lower entry point into the CR-V Hybrid lineup, the 2024 is the better path to watch.

These recommendations are based on CarGurus' proprietary market data from September 15, 2026, CarGurus experts' opinions, and generative AI.