Used 2023 Honda HR-V for Sale nearPeterborough, ON

How much does the 2023 Honda HR-V cost?

Prices have softened 8.54% compared to this time last year, making it a favourable time to shop this model year.

There are 279 listings available, which suggests you should have a reasonable amount of inventory to compare.

Is the 2023 Honda HR-V a good car?

Generally — the 2023 Honda HR-V earns a 4.4/5 user rating and an 8.17/10 expert rating, which points to broad appeal for shoppers who want a well-equipped small SUV. The model scores 9/10 across Look and feel and Cost effectiveness.

Owners commonly praise its smooth ride, strong value for the price, and the way it feels packed with features. The expert notes also support that value story, with the top trim feeling more expensive than its price suggests and the vehicle being fun to drive.

The trade-offs are that performance is fairly pedestrian and there’s no hybrid option. In practical terms, that means the HR-V makes the most sense if you want a compact SUV for everyday use, safety, and equipment rather than quick acceleration or maximum efficiency.

With 29.7% of listings marked as good or great deals, the market still offers some room to find a worthwhile example.

Is the 2023 Honda HR-V reliable?

Owners rate it 4.4/5, a solid signal of long-term satisfaction.

The user feedback points to a vehicle that feels dependable in daily use, with owners highlighting its smooth ride, strong value, and feature-rich character. That kind of feedback usually matters most when you’re trying to judge whether a used SUV will be easy to live with over time.

The expert notes also reinforce the HR-V’s everyday usability and well-rounded nature, which supports the impression of a vehicle you can count on for routine commuting and family duty. For used buyers, the main long-term ownership risk is that the HR-V’s modest performance and fuel economy may be less satisfying if you regularly drive with a full load or spend lots of time on faster roads.

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

Key things to evaluate:

• Trim level: The LX is the most basic version, while Sport adds a leather-wrapped steering wheel and shift knob, dual-zone climate control, a power moonroof, side mirrors with integrated turn signals, and a six-speaker audio system. EX-L is the most upscale trim, with perforated leather seats, a 9-inch infotainment display, wireless phone integration, Wi-Fi capability, SiriusXM, HD Radio, and an eight-speaker audio system. If you want the best value, the Sport trim adds a meaningful equipment step up without going all the way to the top price.
• Powertrain: Every 2023 HR-V uses a 2.0-litre inline four-cylinder engine with 158 horsepower and 138 pound-feet of torque, paired with a CVT. In Canada, the LX-B is available with either front-wheel drive or AWD, while AWD is standard on the top two trims. The HR-V is described as fun to drive, but it is not especially quick.
• Safety package: Honda Sensing is standard on every trim and includes adaptive cruise control, collision-mitigation braking, automatic emergency braking, lane-keeping assist, road-departure mitigation, lane-departure warning, forward-collision warning, traffic-sign recognition, traffic jam assist, automatic high-beam headlights, blind-spot information, and rear cross-traffic alert. EX-L also adds front and rear parking sensors.
• Infotainment: Every trim gets a 7-inch digital gauge cluster and a 7-inch colour touchscreen, plus Apple CarPlay and Android Auto. LX and Sport use wired versions, while EX-L gets wireless Apple CarPlay and Android Auto, a 9-inch display, and a Qi-compatible wireless charging pad.
• Fuel efficiency: The HR-V is rated at 9.1 L/100 km city, 7.4 highway, and 8.3 combined in FWD form, or 9.4 city, 7.8 highway, and 8.7 combined with AWD.

Which 2023 Honda HR-V trim should I buy?

The 2023 Honda HR-V is offered in 3 trim levels: LX, Sport, and EX-L.

Here's the short version:

• LX: This is the entry point, and it already includes Honda Sensing, heated front seats, heated side mirrors, Apple CarPlay, Android Auto, a 7-inch touchscreen, and a 7-inch digital gauge cluster. It makes sense if you want the lowest price and are comfortable with the most basic equipment.
• Sport: This is the best-value trim for many shoppers because it adds a leather-wrapped steering wheel and shift knob, dual-zone climate control, a power moonroof, side mirrors with integrated turn signals, a six-speaker audio system, and a more distinctive exterior look.
• EX-L: This is the most premium version, with perforated leather seats, wireless Apple CarPlay and Android Auto, a 9-inch infotainment display, wireless charging, Wi-Fi capability, SiriusXM, HD Radio, an eight-speaker audio system, and front and rear parking sensors. It’s the right pick if you want the most polished cabin and the most convenience features.

Honda Sensing is standard across the lineup, so you do not need to move up a trim just to get the core safety suite.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 29.7% of listings are priced as good or great deals.
• Inventory: There are 279 listings available.
• Price trend: Prices have softened 8.54% compared with last year.

If you find a listing below $27,991 CAD, that's toward the low end of the year-round range and worth acting on quickly.

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

The current average of $28,169 CAD sits slightly below last year's $30,800 CAD.

That softer pricing suggests the model has become more accessible for used buyers, which can help keep demand steady if you decide to sell later. A lower entry price can also broaden the pool of shoppers who see the HR-V as attainable, especially in a crowded subcompact SUV segment.

At the same time, the year-over-year decline means future sellers may need to be realistic about pricing if the market stays competitive. Well-equipped examples should hold up better than bare-bones ones, especially if they present cleanly and are priced near the lower end of the range.

Vehicles with solid owner satisfaction ratings, like this model year's 4.4/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Honda HR-V safe?

The 2023 Honda HR-V receives a Top Safety Pick+ designation from the Insurance Institute for Highway Safety (IIHS).

It earns an 8/10 safety score from our experts.

Honda Sensing is standard on every trim and includes adaptive cruise control, collision-mitigation braking, automatic emergency braking, lane-keeping assist, road-departure mitigation, lane-departure warning, forward-collision warning, traffic-sign recognition, traffic jam assist, automatic high-beam headlights, blind-spot information, and rear cross-traffic alert. EX-L also adds front and rear parking sensors.

That standard safety coverage is a major strength, especially because even the least expensive trim gets the full suite. The main caveat is that the EX-L is the only trim to add parking sensors, so shoppers who want the most complete low-speed assistance will need to move up.

Should I buy a 2023 Honda HR-V 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:

• 29.7% of listings are priced as good or great deals.
• Price trend: Prices have softened 8.54% compared with last year.
• Owners rate it 4.4/5 — a solid satisfaction signal.
• Honda’s full redesign, standard Honda Sensing suite, and the move to a more modern platform make this year especially appealing.

The bottom line: If you want the most modern HR-V in this range, the 2023 model is the one to target because it brings the redesign, standard safety tech, and a more polished cabin. If you’re more price-sensitive, you may want to compare nearby years and focus on whichever one gives you the best combination of equipment, condition, and asking price.

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