Used 2023 Honda CR-V Hybrid for Sale nearPeterborough, 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 318 listings available, which suggests you should have a reasonable amount of inventory to compare.

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

Yes — it 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. That lines up well with the CR-V Hybrid’s use case as a practical, family-friendly compact SUV that puts everyday comfort and efficiency first.

The main trade-offs are a touchy brake feel at low speeds and a small moonroof. Some shoppers may also wish for ventilated seats and a larger touchscreen.

With 38.7% of listings marked as good or great deals, there is still meaningful market opportunity if you shop carefully.

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 dependable, trouble-free ownership experience, with many drivers describing the vehicle as something they can count on over time. The expert assessment also supports that impression by highlighting the CR-V Hybrid’s strong everyday usability and well-rounded design.

Honda’s hybrid setup is positioned as a practical, efficiency-focused choice, and the model’s standard equipment suggests a mature, confidence-inspiring package. For used buyers, the main long-term ownership risk is less about core reliability and more about whether the higher trim content and hybrid-specific hardware have been maintained properly.

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 top trim, so you should expect a more premium cabin, 19-inch wheels, and a fuller equipment list than lower trims in the broader CR-V lineup.
• Powertrain: The hybrid pairs a 2.0-litre four-cylinder engine with two electric motors for 204 horsepower and 247 lb-ft of torque, plus a CVT and selectable drive modes including Snow.
• 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.
• 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.
• 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 only hybrid trim, so your decision is mostly about whether you want the most fully equipped CR-V Hybrid available in Canada. It brings the strongest mix of comfort, technology, and safety equipment, including the larger touchscreen, wireless smartphone integration, premium audio, and the full Honda Sensing suite. If you want the best-value path into this model year’s hybrid powertrain, this is also the only choice.

The safety package is standard on this trim, and there are no lower hybrid trims to compare against in Canada.

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

This looks like a moderate, selective buyer’s market, so you can shop with some leverage if you are patient.

• Deal availability: 38.7% of listings are priced as good or great deals.
• Inventory: There are 318 listings available.
• Price trend: Prices have softened 9.08% compared with last year.

If you find a listing below $38,189 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 $38,403 CAD sits slightly below last year's $42,236 CAD.

That softer pricing trend suggests future sellers may face a more competitive market than owners did a year ago. If you buy now, you may benefit from better upfront value, but resale gains could be more modest if prices continue to ease.

Strong owner satisfaction can help support demand, especially for a practical hybrid SUV with broad appeal. Well-equipped, fuel-efficient models like this one often stay attractive to used buyers even when the market cools.

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 stars 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. You also get 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.

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

• 38.7% 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.
• The first Canadian CR-V Hybrid brings standard advanced safety features and a single, well-equipped Touring trim.

Consider the 2024 if:

• At $39,677 CAD, the 2024 costs more than the current year's $38,403 CAD average.
• It adds a lower-priced EX-L Hybrid trim with standard all-wheel drive.

The bottom line: If you want the best current value on the first Canadian CR-V Hybrid, the 2023 is the smarter buy. If you prefer a newer model year with a lower entry point to the hybrid powertrain, the 2024 is worth a look, especially if you are price-sensitive and want more trim choice.

These recommendations are based on CarGurus' proprietary market data from September 29, 2026, CarGurus experts' opinions, and generative AI.