Consumers who purchase a new 2023 Honda will find that prices for the new model year have increased. Unlike most automakers that have raised prices across the entire range, Honda is only raising prices on a few models, and is also changing the price of destination fees and premium paint colors.
According to Honda dealer price guides, the 2023 Civic Sedan, Hatchback, Si, Type R, Honda CR-V and Honda CR-V Hybrid will get a $400 price hike in the new model year. This is one of the most understated things I’ve seen recently.
Honda charges shoppers an additional $60 to purchase one of its premium paint colors. Pricing affects Civic Sedan, Hatchback, Si and Type R. CR-V and CR-V hybrid. Passport; Pilot; Odyssey; and Ridgeline. Premium paint colors are Platinum White Pearl, Radiant Red Metallic II, Sonic Gray Pearl, and Morning Mist Metallic.
Finally, destination fees have been increased for the 2023 HR-V, CR-V, Passport, Pilot, Ridgeline and Odyssey. For HR-V and CR-V, the 2023 destination charge is $1,295. Honda will charge a destination fee of $1,345 for the 2023 Passport, Pilot, Ridgeline and Odyssey. The good news is that the current destination fee of $1,095 remains the same for Honda vehicles.
Like we said, Honda’s price hike isn’t nearly as high as we’ve seen from other automakers for model year 2023. BMW will raise the prices of most vehicles by at least $1,000, and Ford will increase the F-150 Lightning. , the price of the Chevrolet Corvette has increased by $4,000, and the 2023 model year of the Chevrolet Corvette has increased by $2,300. It’s disappointing to see Honda raise prices, but it’s a reasonable one.
The automaker has not provided information on the price increase, but it is likely due to supply chain constraints and rising material costs.
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