2023 Honda CRV EXL Price In Canada: What To Expect

Hey guys! Are you eyeing the 2023 Honda CRV EXL and wondering about its price tag in Canada? You're in the right spot! This article will dive deep into what you can expect to pay, breaking down the costs, features, and overall value you're getting. So, buckle up and let's get started!

Breaking Down the 2023 Honda CRV EXL Price

The 2023 Honda CRV EXL is a popular choice for many Canadians, offering a blend of comfort, technology, and reliability. However, the price can vary depending on several factors. Let's dissect the key elements that influence the final cost:

Base MSRP

The Manufacturer's Suggested Retail Price (MSRP) is the starting point. For the 2023 Honda CRV EXL in Canada, the base MSRP typically hovers around the $43,000 to $45,000 mark. Keep in mind that this is just the starting price, and it doesn't include additional fees and taxes.

Additional Fees and Taxes

Once you've got the base MSRP in mind, remember to factor in those extra costs that can significantly impact the final price. These include:

Freight and PDI (Pre-Delivery Inspection): This covers the cost of transporting the vehicle to the dealership and preparing it for sale. Expect this to add around $2,000 to $2,500.
Air Conditioning Excise Tax: This is a standard federal tax on vehicles with air conditioning, usually a nominal fee of about $100.
Tire Tax/Levy: Some provinces charge a tire tax or levy to cover recycling costs. This is usually a small amount per tire.
Provincial Sales Tax (PST) or Harmonized Sales Tax (HST): Depending on your province, you'll need to pay either PST or HST. These taxes can significantly increase the final price, so be sure to calculate them based on your province's tax rate.

Optional Features and Packages

The 2023 Honda CRV EXL comes with a solid set of standard features, but you might want to add some optional features or packages to enhance your driving experience. These can include:

Upgraded Wheels: If you're looking to boost the aesthetic appeal, consider upgrading to larger or more stylish wheels. This can add a few hundred to a couple of thousand dollars to the price.
Accessories: Items like all-weather floor mats, cargo organizers, and roof racks can be added to customize your CRV to your specific needs. These accessories can range from a few dollars to several hundred dollars each.
Protection Packages: These packages often include things like paint protection film, rust protection, and interior protection to help keep your CRV in top condition. Prices can vary depending on the level of protection offered.

Dealer Markups and Incentives

Dealer markups can also affect the price. In high-demand situations, some dealers might add a markup above the MSRP. However, it's also possible to find incentives and rebates that can lower the price. Keep an eye out for:

Manufacturer Incentives: Honda Canada often offers incentives such as cash rebates, low-interest financing, or lease deals. Check their website or ask your dealer about current promotions.
Dealer Discounts: Dealers might offer discounts to move inventory, especially at the end of the month or during special sales events. Don't be afraid to negotiate!

Key Features of the 2023 Honda CRV EXL

Before we get too caught up in the pricing details, let's quickly highlight what makes the 2023 Honda CRV EXL such a great choice. It's packed with features designed for comfort, convenience, and safety.

Interior Comfort and Technology

The EXL trim is known for its luxurious interior. You can expect leather upholstery, heated front seats, and a power-adjustable driver's seat. The infotainment system includes a touchscreen display with Apple CarPlay and Android Auto integration, making it easy to stay connected on the go. The sound system is also upgraded for a more immersive audio experience. A power moonroof adds a touch of openness to the cabin, enhancing the overall driving experience.

Safety Features

Honda is renowned for its commitment to safety, and the 2023 CRV EXL is no exception. It comes standard with Honda Sensing, a suite of advanced safety technologies that includes:

Adaptive Cruise Control (ACC): Maintains a set following interval behind detected vehicles for highway driving.
Lane Keeping Assist System (LKAS): Provides subtle steering adjustments to help keep the vehicle centered in its lane.
Collision Mitigation Braking System (CMBS): Can automatically apply the brakes to help avoid or mitigate a frontal collision.
Road Departure Mitigation System (RDM): Alerts and can provide steering assistance if the vehicle is detected as leaving the roadway.
Blind Spot Information System (BSI): Alerts you when vehicles are detected in your blind spot, improving safety when changing lanes.

Performance and Fuel Efficiency

Under the hood, the 2023 CRV EXL typically features a turbocharged 1.5-liter four-cylinder engine that delivers a good balance of power and fuel efficiency. It's paired with a continuously variable transmission (CVT) for smooth and efficient performance. All-wheel drive is available, providing enhanced traction and stability in various driving conditions. Expect fuel economy figures to be competitive within its class, making it an economical choice for daily driving and longer trips.

Factors Influencing the Final Price

Okay, let's circle back to the price. Here are the main factors that will ultimately determine what you pay for your 2023 Honda CRV EXL in Canada:

Location

Prices can vary from province to province due to differences in taxes, fees, and dealer pricing strategies. Major metropolitan areas might have higher prices due to increased demand, while rural areas might offer more competitive deals.

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Timing

The time of year can also play a role. Dealers often offer better deals at the end of the month, quarter, or year to meet sales targets. New model releases can also impact prices, as dealers might be more willing to discount older models to clear inventory.

Negotiation Skills

Don't underestimate the power of negotiation! Research the market value of the CRV EXL in your area and be prepared to negotiate with the dealer. Having a clear understanding of the vehicle's value and being willing to walk away can often result in a better deal.

Tips for Getting the Best Deal

Alright, guys, here are some actionable tips to help you snag the best possible price on your 2023 Honda CRV EXL:

Do Your Homework: Research the MSRP, available incentives, and market value in your area.
Shop Around: Get quotes from multiple dealers to compare prices and negotiate effectively.
Be Flexible: Consider different trim levels or optional features to find a better deal.
Negotiate: Don't be afraid to haggle with the dealer to lower the price. Be polite but firm.
Time It Right: Shop at the end of the month, quarter, or year for potential discounts.
Consider Financing: Explore different financing options and negotiate the interest rate.
Read the Fine Print: Carefully review all documents before signing to ensure you understand the terms and conditions.

Comparing the 2023 Honda CRV EXL to Competitors

To truly understand the value of the 2023 Honda CRV EXL, it's helpful to compare it to its competitors. Some popular alternatives include the Toyota RAV4, Mazda CX-5, and Nissan Rogue. Each of these vehicles has its strengths and weaknesses, so it's important to consider your priorities.

Toyota RAV4

The Toyota RAV4 is known for its reliability and fuel efficiency. It offers a similar range of features to the CRV EXL, but some reviewers find its interior design to be less refined. The RAV4 also has a reputation for strong resale value.

Mazda CX-5

The Mazda CX-5 is often praised for its sporty handling and upscale interior. It offers a more engaging driving experience than some of its competitors, but its rear seat space is slightly smaller than the CRV. The CX-5 also has a stylish exterior design that appeals to many buyers.

Nissan Rogue

The Nissan Rogue has been redesigned in recent years and offers a comfortable ride and a spacious interior. It comes with a range of advanced technology features and has a competitive price point. However, some reviewers have noted that its engine performance is not as strong as some of its rivals.

Making the Final Decision

Choosing the right vehicle is a personal decision, and it's important to consider your individual needs and preferences. Take the time to test drive different models and compare their features, performance, and pricing. Don't rush into a decision – the more research you do, the more confident you'll be in your choice.

Test Drive

Before making a final decision, schedule a test drive at your local Honda dealership. This will give you a chance to experience the CRV EXL firsthand and see if it meets your needs. Pay attention to the vehicle's handling, comfort, and features, and ask the dealer any questions you may have.

Consider Your Needs

Think about how you plan to use the vehicle. Do you need a spacious interior for passengers and cargo? Are you looking for advanced safety features? Do you prioritize fuel efficiency or performance? Answering these questions will help you narrow down your options and choose the right vehicle for your lifestyle.

Review and Finalize

Once you've gathered all the information, take some time to review your options and make a decision. Be sure to carefully consider the price, features, and overall value of each vehicle before making a final choice. And remember, don't be afraid to walk away if you're not comfortable with the deal – there are plenty of other options out there.

Conclusion

So, there you have it! Figuring out the price of a 2023 Honda CRV EXL in Canada involves considering several factors, from the base MSRP to those pesky additional fees and taxes. By doing your research, shopping around, and negotiating effectively, you can drive away with a great deal on a fantastic vehicle. Happy car hunting, eh!