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

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

Prices have softened 10.25% compared to this time last year, making it a favourable time to shop this model year.

There are 329 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 well-equipped compact SUV with fuel-efficient character and everyday usability.

The main trade-offs are a touchy brake feel at low speeds and a small moonroof. It is also positioned as a more premium, top-trim hybrid, so value-conscious shoppers may need to weigh equipment against price.

With 29.5% of listings marked as good or great deals, there is still some room to find a competitive example.

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 praise for the smooth ride, comfort, and features that make it easy to count on day to day. The hybrid’s strong safety equipment and spacious cabin also support the sense that it is built for long-term use.

The powertrain is described as responsive and well suited to merging and everyday driving, which reinforces confidence in how it should perform over time. For used buyers, the main long-term risk is less about outright reliability and more about whether the premium pricing still makes sense for the condition and mileage you find.

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 hybrid trim, and it brings the most premium cabin feel, 19-inch wheels, and the more upscale equipment set. You should also note that the model’s standard safety and convenience content is already extensive, so the main question is whether the top-trim pricing fits your budget.
• Powertrain: The hybrid pairs 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 selectable drive modes including Snow, and is tuned for responsive everyday driving and improved efficiency.
• Safety package: Honda Sensing is standard, along with adaptive cruise control, collision mitigation, road-departure mitigation, lane-keeping assist, traffic jam assist, traffic sign recognition, low-speed braking control, blind-spot monitoring, cross-traffic monitor, front and rear parking sensors, rain-sensing windshield wipers, and rear-seat reminders. Some trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor because of parts shortages.
• Infotainment: The Hybrid Touring gets a 9-inch touchscreen, wireless Apple CarPlay and Android Auto, Wi-Fi capability, a wireless charging pad, SiriusXM, HD radio, and a 12-speaker Bose Premium audio system. It also adds Honda’s smart navigation 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 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 already includes the full equipment set, from the 9-inch touchscreen and wireless smartphone integration to the Bose audio system, heated rear seats, and navigation. If you want the CR-V Hybrid’s efficiency without giving up comfort or technology, this is the clear choice.

The safety package is standard and comprehensive, so there is no lower hybrid trim to step down to for a cheaper but similarly equipped version.

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

This is a moderate market for selective buyers, with enough inventory to shop carefully and enough deal activity to find value if you are patient.

• Deal availability: 29.5% of listings are priced as good or great deals.
• Inventory: There are 329 listings available.
• Price trend: Prices have softened 10.25% compared with last year.

If you find a listing below $37,564 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 $37,564 CAD sits slightly below last year's $41,855 CAD.

That softer pricing suggests the market has become more favourable for buyers, but it can also mean future sellers may need to be realistic about expectations. If you buy now, the lower entry point may help cushion depreciation compared with a stronger market. The model’s strong equipment, safety reputation, and owner satisfaction should help support demand, especially for well-kept examples.

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 adaptive cruise control, collision mitigation, road-departure mitigation, lane-keeping assist, traffic jam assist, traffic sign recognition, and low-speed braking control. Blind-spot monitoring and cross-traffic monitor are also standard across the lineup, along with front and rear parking sensors and rain-sensing windshield wipers.

One caveat is that trims marked with a B shipped without blind-spot monitoring and cross-traffic monitor because of parts shortages.

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:

• 29.5% of listings are priced as good or great deals.
• Price trend: Prices have softened 10.25% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• It is the first Canadian CR-V Hybrid and comes only as the well-equipped Hybrid Touring.

Consider the 2024 if:

• At $39,568 CAD, the 2024 costs more than the current year's $37,564 CAD average.
• A lower-priced EX-L Hybrid trim adds a more affordable entry point.

The bottom line: If you want the best current value on the hybrid CR-V, the 2023 is the smarter buy because pricing has eased and the equipment list is already strong. If you are shopping for a broader trim ladder and want a lower-cost hybrid entry point, the 2024 is worth a look.

These recommendations are based on CarGurus' proprietary market data from October 13, 2026, CarGurus experts' opinions, and generative AI.