2023 Honda ZR-V Australian prices revealed

The trusted Japanese brand has been in a slump but is looking to turn things around with a slick new rival in the most hotly contested segment of the new-car market.

2023 Honda ZR-V.

Honda has confirmed prices for its new ZR-V SUV.

The ZR-V will slot between the current HR-V compact SUV and the mid-sized CR-V SUV in the Japanese brand’s local line-up. The current CR-V is due to be overhauled soon and is likely to return as a bigger full-size seven-seat SUV.

Honda’s new ZR-V will land in showrooms this month.

Prices for the four-tier ZR-V line-up start at $40,200 drive-away for the base VTi X grade and rise to $54,900 for the hybrid powered e: HEV LX variant.

That is about $3500 more than the entry-point into the slightly smaller HR-V range. The hybrid variant commands a whopping $7900 premium.

It is also almost $5000 more expensive than the cheapest current CR-V.

The ZR-V will have a premium price.

All Honda prices are fixed since the brand switched to an “agency model” in 2021, which means the head office owns all the stock and sets a standard non-negotiable price for its vehicles.

Buyers and dealers can no longer haggle on prices and instead the franchised dealers simply deliver and service the vehicles.

The new ZR-V is due to land in showrooms later this month and the company is already taking deposits.

The Honda ZR-V will have a well appointed interior.

Honda has been very tight-lipped with information for the new ZR-V.

We do know that the three petrol-powered variants will use a 1.5-litre turbocharged four-cylinder engine and the hybrid model will be powered by a 2.0-litre non-turbocharged petrol engine and an electric motor.

These same setups are found in the Honda Civic.

The petrol-powered Honda Civic makes 131kW and 240Nm and the hybrid makes 135kW and 315Nm. Both are front-wheel drive.

The ZR-V will have a comprehensive array of safety tech, flashy alloy-wheels and a nine-inch infotainment display with plug-in Android Auto and wireless Apple CarPlay.

It is slightly smaller than the Toyota RAV4 and Mazda CX-5 but larger than the Corolla Cross and CX-30.

Originally published as 2023 Honda ZR-V Australian prices revealed