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

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

Prices have softened 8.30% compared to this time last year, making it a favourable time to shop this model year.

With 340 listings available, you have a reasonable amount of inventory to compare before you buy.

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

Yes — you’re looking at a model with 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. That lines up well with the CR-V Hybrid’s use-case as a practical, comfort-focused compact SUV for everyday driving.

The main trade-offs are the touchy brakes at low speeds and the small moonroof. Some owners also wanted ventilated seats and a larger touchscreen, so the cabin can feel a little short on premium extras for its position in the lineup.

With 30.3% of listings marked as good or great deals, there are still worthwhile opportunities in the market.

Is the 2023 Honda CR-V Hybrid reliable?

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

The owner feedback points to a vehicle that feels dependable, with a smooth ride and comfort that make it easy to count on day to day. The expert assessment also supports that impression by describing it as a practical, comfort-focused hybrid with strong everyday usability.

Honda’s positioning of the hybrid as the top choice also suggests a well-developed package, and the standard advanced safety equipment adds confidence for long-term ownership. For used buyers, the main risk is less about outright reliability and more about whether the higher-spec content and ownership costs match your expectations.

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 hybrid trim, and it brings the top-of-line cabin treatment, 19-inch wheels, and a more premium feel than lower CR-V variants.
• Powertrain: You get a 2.0-litre four-cylinder hybrid system with two electric motors, 204 horsepower, 247 lb-ft of torque, and a CVT. It also adds a Snow drive mode and regenerative braking via 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. Some trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor due to parts shortages.
• Infotainment: The Hybrid Touring gets 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.
• Fuel efficiency: The hybrid is estimated at 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 one to buy because it is the only hybrid trim and therefore the full expression of the model’s equipment. It suits you best if you want the standard safety tech, the premium cabin features, and the strongest overall value proposition within this limited hybrid lineup.

Close attention should go to the safety-package details, especially because some trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor due to parts shortages.

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

This is a moderate market for selective buyers, so you should shop carefully and compare listings.

• Deal availability: 30.3% of listings are priced as good or great deals.
• Inventory: There are 340 listings available.
• Price trend: Prices have softened 8.30% compared with last year.

If you find a listing below $38,201 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 $38,777 CAD sits slightly below last year's $42,284 CAD.

That softer pricing suggests the market has moved in buyers’ favour, which can make it harder for a future seller to command a premium unless the vehicle is especially well equipped or exceptionally clean. The current year-round range also shows that values have already settled into a narrower band, so upside from here may be limited unless demand strengthens.

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 IIHS and five-star ratings from NHTSA.

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

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

There are no major safety caveats called out in the source beyond the trim-specific parts-shortage note affecting some B-marked vehicles.

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:

• 30.3% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.30% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• It is the first Canadian CR-V Hybrid and brings the model’s debut hybrid powertrain.

Consider the 2024 if:

• At $39,861 CAD, the 2024 costs more than the current year's $38,777 CAD average.
• It adds a lower-priced EX-L Hybrid trim.

The bottom line: You should lean toward the 2023 if you want the first Canadian CR-V Hybrid and a softer used-market price. If you’re price-sensitive and want a newer path into the hybrid lineup, the 2024’s added lower-priced trim is the better alternative.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.