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Carsales Staff14 Jan 2021
NEWS

Honda CR-V prices keep rising

Honda’s top-selling model up by as much as $1010, not long after hefty MY21 price hikes

Just a few months after Honda CR-V prices rose considerably with the MY21 update that hit showrooms in September, the Japanese brand’s top-selling model has pushed higher again across the range – this time by as much as $1010.

Taking effect from January 1, 2021, the latest round of price hikes for the Honda CR-V sees the entry-level Vi 2.0 i-VTEC now start from $31,300 plus on-road costs – a rise of $810.

Meantime, the range-topping 2021 Honda CR-V VTi LX AWD 1.5 turbo, now set at $48,500 plus ORCs, is one of two key variants to receive the $1010 increase.

The other is the mid-range VTi X 1.5 turbo, which was a new variant introduced with the MY21 overhaul. It now starts from $37,000 plus ORCs.

All other variants have had either $710 or $610 added to their respective manufacturer’s list price. See our pricing table below for full details.

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Whereas the Model Year 2021 series brought equipment upgrades to justify the price increases of up to $4500, this ‘New Year 2021’ increase appears to come without a corresponding spec change. Honda Australia has been asked for clarification.

The latest CR-V price hike follows increases on other key Honda models in recent months, including the Civic which similarly received a significant price increase of up to $1000 across the small sedan and hatch line-up.

Honda is struggling to maintain sales momentum at the moment as it prepares to radically alter the way it does business in Australia.

This includes killing off some models – among them, the Honda Jazz – while cutting dealer numbers and shifting to a fixed-price method of selling in which the factory controls pricing and dealers simply act as agents for the car-maker.

The new business modus operandi takes full effect from July 1, 2021, and will see Honda focus its efforts on its best-selling models: CR-V, HR-V and Civic.

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Honda sold 29,040 new vehicles in Australia last year, which was 33.8 per cent fewer than it achieved in 2019. Mercedes-Benz Cars overtook Honda to take 10th position on the table of top-selling brands.

Sales of the Honda CR-V were down 31.0 per cent last year, to 9523 units, while the HR-V was next in line on 8181 (-30.3%), followed by Civic on 7194 (-31.7%).

How much does the 2021 Honda CR-V cost?
Vi 2.0 i-VTEC – $31,300 (+$810)
VTi 1.5 turbo – $34,200 (+$710)
VTi 7 1.5 turbo – $36,100 (+$610)
VTi X 1.5 turbo – $37,000 (+$1010)
VTi L AWD 1.5 turbo – $41,100 (+$610)
VTi L7 1.5 turbo – $44,200 (+$710)
VTi LX AWD 1.5 turbo – $48,500 (+$1010)
* Prices exclude on-road costs

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Written byCarsales Staff
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