What is a 2023 Honda HR-V worth?
Our estimate for a 3-year-old Honda HR-V in average condition with typical mileage, on 2026 market pricing.
The 2023 HR-V on its value curve
The marker shows where a 2023 model sits today: 3 years in, 33% of the new price already gone. The steep part of the curve is behind it; from here it sheds value at roughly 11% a year.
If you buy it now
| Fair buy price (retail) | R 306 822 |
| Worth in 1 year | R 273 429 |
| Worth in 3 years | R 217 151 |
| 3-year cost of ownership (depreciation) | R 89 671 |
| ±Monthly financed | R 5 363/m |
Depreciation only; fuel, insurance and maintenance excluded.
Is one year newer worth it?
| Model year | Est. retail | Step up costs | |
|---|---|---|---|
| 2024 | R 359 240 | — | See value → |
| 2023 (this page) | R 306 822 | +R 52 418 to newest | |
| 2022 | R 259 175 | +R 100 065 to newest | See value → |
2023 Honda HR-V: common questions
What is a 2023 Honda HR-V worth in South Africa?
Around R 306 822 as a retail asking price, with clean low-mileage examples reaching R 334 436 and higher-mileage cars closer to R 279 208. A dealer trade-in offer would sit near R 270 003.
Is a 2023 Honda HR-V a good buy now?
It has already absorbed 33% of its new-car depreciation. If you buy at R 306 822 and keep it three years, expect it to shed roughly R 89 671 more. As a mainstream model, it holds value well for its age, so you are paying for retention you will largely get back.
What did a 2023 Honda HR-V cost new?
About R 459 786 at launch pricing in 2023 (our estimate, deflated from today's list price). It has kept 67% of that.
What would financing a 2023 Honda HR-V cost monthly?
At R 306 822 over 72 months at 11.75% with 10% down, roughly R 5 363 per month before fees and insurance. Shorter terms suit used cars better; run your own numbers in the value calculator.
Keep going
Estimates modelled from list pricing and our SA depreciation tiers; condition, mileage, spec and region move real prices. Not a valuation or an offer.