By Colin Ryan
Updated January 30, 2025
The Honda CR-V has been totally redesigned for 2023, and Honda reckons that half its buyers are going to opt for this hybrid variant. Sounds good to us. Who wouldn’t want the most muscle and the best fuel economy in a single vehicle? It’s a win-win.
It’s a joy to drive, especially when going past gas stations. It’s easy to live with — offering practicality, comfort, and safety. And it’s a safe bet that the new CR-V Hybrid will hold its value just as well as the previous generation, keeping a lid on overall ownership costs.
Details, details, details. It’s clear that Honda has spent a lot of time and effort studying every aspect that goes into making the ideal compact SUV with the broadest appeal possible. And that’s why the redesigned CR-V is our Compact SUV Best Buy for 2023.
The non-hybrid Honda CR-V is reviewed separately.
2023 Honda CR-V Hybrid pricing starts at $29,936 for the CR-V Hybrid Sport SUV 4D, which had a starting MSRP of $34,245 when new. The range-topping 2023 CR-V Hybrid Sport Touring Sport Utility 4D starts at $35,273 today, originally priced from $40,395.
Original MSRP | KBB Fair Purchase Price (national avg.) | |||
---|---|---|---|---|
$34,245 | $29,936 | |||
$40,395 | $35,273 |
The Kelley Blue Book Fair Purchase Price for any individual used vehicle can vary greatly according to mileage, condition, location, and other factors. The prices here reflect what buyers are currently paying for used 2023 Honda CR-V Hybrid models in typical condition when purchasing from a dealership. These prices are updated weekly.
Easy, effort-free driving has been something of a CR-V trait. It’s still evident in the new 2023 CR-V Hybrid, with the extra attraction of a quiet cabin. But there’s now an added dimension of enjoyment to this king of the suburban road, which is a bit of a surprise.
A pleasant one, though. There’s poise, pep, and agility to how the CR-V Hybrid drives, a perfect complement to its energetic drivetrain. Yet not at the expense of comfort. If there was a 2023 CR-V Hybrid in our driveway, we’d look forward to every trip — even that one to the dentist.
A few years ago, we wouldn’t have bothered to mention the presence of a shift lever for the automatic transmission. But with the rise of push-button gear selectors in many other vehicles, the conventional shifter in the 2023 CR-V Hybrid caught our attention. It’s great, it works, and it feels intuitive.
Hybrids have brake energy regeneration systems that sometimes result in an odd feel to the pedal. Not this one. Stopping power is precise and strong, with enough feedback so drivers can tell how much pressure to apply.
Driving enjoyment doesn’t come just from accelerating or zipping around corners. It’s also in things like that confident braking feel, along with great outward vision (helped by the wide windshield), assistance from things like standard blind-spot monitoring, and how all the various systems work together. The 2023 CR-V Hybrid excels at this stuff.
We’ve spent hundreds of hours driving and researching the current collection of compact SUVs, including this new Honda CR-V Hybrid.
Body-stabilizing seats. That’s what Honda calls the front seats in the new CR-V Hybrid compact SUV. And there was us thinking that all car seats — with their cushions and side bolsters — were designed to stabilize the body sitting in them. Fancy terms notwithstanding, they’re supportive and comfortable enough for long trips. And naturally, there’s the raised driving position that makes SUVs so popular.
The most affordable new CR-V Hybrid is the Sport trim, equipped to a decent level. But it also has a 7-inch infotainment touchscreen, which seems a bit small these days. Even the Sport Touring’s 9-inch touchscreen is relatively modest. Honda is kind enough to supply an actual volume knob, though.
The sharp graphics and clean looks of the driver information display are a visual delight. And we think the black metal mesh strip running across the dashboard looks good. But we can also imagine an owner buying a small paint brush and keeping it in the glove compartment, just so they can clean out that mesh from time to time. Thank goodness the sticky-fingered kids will be sitting in the back.
Adults (with sticky hands or otherwise) will find plenty of space in that second row. The extra length of the new CR-V’s body is mostly between the front and rear wheels, which has increased rear legroom to an expansive 41 inches. That’s exceptional for the class, and enough for 6-footers and beyond to feel comfortable. Rear seat belt reminders are fitted to every 2023 CR-V.
Cargo space goes from “massive” with the rear seats up, to “almost twice as massive” when they’re folded down. Seriously. The figures are 39.3 and 76.5 cubic feet — more than the previous generation and yet another way that the CR-V beats the competition.
The cargo floor is mercifully low. And there’s no difference in interior volumes between this hybrid variant and the combustion-only CR-V.
With a new generation comes a new body. It’s a couple of inches longer than the model it replaces and a fraction wider. Honda has also improved body rigidity, which has advantages in safety and allowed engineers to optimize the suspension’s setup.
After 25 years of being a best-selling crossover, the styling of the CR-V has (to our eyes) finally gained a presence and maturity with this latest incarnation. And even though the hybrid variant is a more recent addition, it benefits from these same attributes.
Hybrid drivetrain
No-brainer, best of both worlds…however you want to phrase it, the 2023 CR-V Hybrid doesn’t have to sacrifice power for fuel economy or the other way around. It doesn’t even have to compromise on cargo space.
Apple CarPlay/Android Auto
Whoever invented the way to integrate a smartphone and its apps into a car’s infotainment system, we salute you. This is standard in both trims, but the top Sport Touring has wireless Apple CarPlay.
Wireless charging
It’s great to go the whole wireless hog. The charging pad is in the center console of the Sport Touring trim.
All-wheel drive
Optional in the Sport trim and standard in the Sport Touring, all-wheel drive earns its keep in bad weather. Every CR-V Hybrid also has a Snow driving mode, where throttle and transmission settings help combat wheelspin.
Hill descent control
A standard system with both front-wheel-drive and all-wheel-drive versions of the 2023 CR-V Hybrid, hill descent control is also a newcomer to the CR-V world. It works between 2 mph and 12 mph, allowing the driver to concentrate on steering down a slippery slope while the vehicle takes care of the throttle, brakes, and transmission.
Traffic Jam Assist
Alleviating some of the grind of city driving, Traffic Jam Assist works below 45 mph and operates in conjunction with the lane-keeping system, making small steering corrections to keep the CR-V Hybrid on the right line.
Torque is the important thing here. It’s perceived as thrust, how quickly the vehicle gets moving when pressing the accelerator to overtake or zip away from traffic lights.
The updated drivetrain in this new CR-V Hybrid makes more torque than its predecessor from both its gasoline engine (a 2.0-liter 4-cylinder unit) and electric motor. The result is a lively and responsive driving experience.
Yet with a possible 43 mpg in the city in the front-wheel-drive (FWD) configuration, that old saying about having cake and eating it springs to mind. With all-wheel drive (AWD), fuel economy is still competitive for the class.
2.0-liter 4-cylinder engine/electric motor
204 total system horsepower
EPA city/highway fuel economy: 43/36 mpg (FWD), 40/34 mpg (AWD)
More CR-V Hybrid fuel economy information is available on the EPA’s website.
The 2023 CR-V Hybrid has a basic new-vehicle warranty of 3 years or 36,000 miles, whichever happens first. This is typical for mainstream brands like Honda. The powertrain is covered for 5 years or 60,000 miles, while the hybrid battery has a warranty of 8 years or 100,000 miles. Again, all quite par for the course. Complimentary maintenance for the first 2 years or 24,000 miles is also included.
Get 2.49% APR 24-36 MOS. or 3.49% APR 37-60 MOS. or 4.49% APR 61-72 for well-qualified buyers on a new 2025 CR-V Hybrid.
Closed end lease for a new 2025 CR-V HYBRID 2WD SPORT Continuously Variable Transmission for $369 a month for 36 months with $3799 due at signing for well-qualified lessees.
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Year | Vehicle Depreciation* | Resale Value | Trade-In Value | ||
---|---|---|---|---|---|
2023 | - | $34,245 | $34,245 | ||
2024 | $5,532 | $28,713 | $25,486 | ||
Now | $280 | $28,433 | $25,553 |
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2-Year Forecasted Depreciation
*Depreciation for the last 12 months of the private party resale value.
Annual Depreciation is an estimation of what your vehicle's value might be over time based on an average of similar vehicles. Estimations are calculated by comparing Kelley Blue Book Private Party Values of vehicles similar to yours over time, as well as forecasts from Manheim Auction data comparing current and projected auction values against current Kelley Blue Book Private Party and Trade-In Values. This is not a guarantee of actual depreciation. Local weather conditions, market factors and driver performance will also impact your vehicle's actual depreciation.
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Curb Weight | 3752 lbs. | ||
---|---|---|---|
EPA Passenger | 103.5 cu.ft. | ||
Fuel Capacity | 14.0 gallons | ||
Front Head Room | 38.2 inches | ||
Front Leg Room | 41.3 inches | ||
Max Seating Capacity | 5 | ||
Minimum Ground Clearance | 7.8 inches | ||
Overall Length | 184.8 inches | ||
Front Shoulder Room | 57.9 inches | ||
Towing Capacity, Maximum | 1000 lbs. | ||
Trunk or Cargo Capacity | 76.5 cu.ft. | ||
Turning Diameter | 37.3 feet | ||
Wheel Base | 106.3 inches | ||
Width with mirrors | 73.5 inches |
Alloy Wheels | Available | ||
---|---|---|---|
Moon Roof/Sun Roof | Available | ||
Number of Doors | 4 doors | ||
Privacy Glass | Available | ||
Roof Rails | Available | ||
LED Headlights | Available | ||
Rear Spoiler | Available |
City | 43 mpg | ||
---|---|---|---|
Highway | 36 mpg | ||
Combined | 40 mpg |
Drivetrain | FWD | ||
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Transmission Type | Automatic | ||
Recommended Fuel | Regular | ||
Hill Descent Control | Available | ||
Hill Start Assist | Available |
Horsepower-Combined | 204 @ 6100 RPM | ||
---|---|---|---|
Torque | 138 @ 4500 rpm | ||
Engine | 4-Cyl, Hybrid, 2.0 Liter |
Basic | 3 years / 36000 miles | ||
---|---|---|---|
Powertrain | 5 years / 60000 miles | ||
Corrosion | 5 years / Unlimited miles |
Forward collision warning
An array of driver aids known collectively as Honda Sensing comes as standard in the 2023 CR-V Hybrid compact SUV. Among the features is forward collision warning with automatic emergency braking and pedestrian detection, lane-departure warning, adaptive cruise control with a low-speed follow function, and road departure mitigation.
Blind-spot monitoring with rear cross-traffic alert
Also part of the Honda Sensing standard systems, blind-spot monitoring and rear cross-traffic alert makes drivers aware of other vehicles that may be approaching, whether that’s on the freeway or parking lots.
Low Speed Braking Control
As well as parking sensors (making audible and visual warnings) at both ends, this system will activate the brakes and hold them for a short time if the CR-V Hybrid gets too close to the scenery while the driver is maneuvering it in a tight space. The operating window is between 2 mph and 4 mph, and this is a standard feature in the top Sport Touring trim.
Used 2023 Honda CR-V Hybrid | Used 2023 Kia Sportage Hybrid | Used 2023 Toyota Corolla Cross Hybrid | New 2025 Honda CR-V Hybrid | ||
---|---|---|---|---|---|
Price | $29,936 | $25,545 | $28,558 | $36,045 | |
KBB.com Rating | 4.8 | 4.6 | 4.5 | 4.8 | |
Consumer Rating | 3.8 | 3.9 | 4.3 | 3.8 | |
Fuel Economy | City 43/Hwy 36/Comb 40 MPG | City 42/Hwy 44/Comb 43 MPG | City 45/Hwy 38/Comb 42 MPG | City 43/Hwy 36/Comb 40 MPG | |
Fuel Type | Hybrid | N/A | N/A | Hybrid | |
5 Year Cost To Own 5-Year Cost to Own includes out of pocket expenses like fuel and insurance, plus the car’s loss in value over time (depreciation). | N/A | N/A | N/A | $51,007 | |
Safety Rating | N/A | N/A | N/A | 5.0 | |
Seating Capacity | 5 | 5 | 5 | 5 | |
Basic Warranty | 3 years or 36000 miles | 5 years or 60000 miles | 3 years or 36000 miles | 3 years or 36000 miles | |
Horsepower | 204 @ 6100 RPM | N/A | 196 @ 6000 RPM | 204 @ 6100 RPM | |
Engine | 4-Cyl, Hybrid, 2.0 Liter | 4-Cyl, Hybrid, Turbo, 1.6 Liter | 4-Cyl, Hybrid, 2.0 Liter | 4-Cyl, Hybrid, 2.0 Liter | |
Drivetrain | FWD | FWD | AWD | FWD |
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In the least expensive Sport trim, the 2023 CR-V Hybrid compact SUV has a manufacturer’s suggested retail price (MSRP) of $32,450. The top Sport Touring trim starts at $38,600.
Honda has perfected the CR-V formula. The 2023 CR-V Hybrid is a superb compact SUV that’s strong in every area that matters.
All-wheel drive is optional with the 2023 CR-V Hybrid Sport trim, at a reasonable price of $1,500. The Sport Touring version has all-wheel drive as standard.
Yes, the 2023 Honda CR-V Hybrid is a good car, as reflected by its above-average Kelley Blue Book rating of 4.8 out of 5.
2023 Honda CR-V Hybrid city/highway fuel economy ratings range from 40/34 mpg to 43/36 mpg, depending on trim and equipment.
Used 2023 Honda CR-V Hybrid prices currently range from $29,936 for the Sport SUV 4D to $35,273 for the Sport Touring Sport Utility 4D when purchasing from a dealership, depending on a range of factors like equipment, mileage, and condition.
The cheapest 2023 Honda CR-V Hybrid is the Sport SUV 4D, with a Kelley Blue Book Fair Purchase Price of $29,936.
The 2023 Honda CR-V Hybrid is part of the 2nd-generation CR-V Hybrid, which our owners give an above-average reliability rating of 4 out of 5.