2024 Honda CR-V, ZR-V and HR-V prices slashed, Civic Type R up

Prices for the 2024 Honda CR-V, 2024 Honda ZR-V and 2024 Honda HR-V have been reduced in Australia – while the 2024 Honda Civic Type R hot hatch is dearer than before.

Honda Australia has cut $600 from the drive-away price of the entry-level CR-V Vi X midsize SUV, which now starts from $43,900 drive-away – down from $44,900 when the current-generation CR-V launched in September 2023.

All other CR-V variants remain unchanged, including the $59,900 drive-away E:HEV RS hybrid flagship.

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A $700 price reduction has been applied to the base VTi X variant of the smaller ZR-V midsize SUV, which now starts below $40,000 drive-away.

In addition, the mid-spec ZR-V VTi L has fallen $1000 to $42,500 drive-away, while prices for the ZR-V VTi LX and E:HEV LX are unchanged.

The HR-V small SUV is currently in run-out ahead of the arrival of a facelifted model, unveiled in Japan last month and confirmed for Australia – though local timing is unclear.

Prices are down between $1800 and $3100 across the HR-V line-up, with the base Vi X petrol model retaining its $34,900 drive-away offer available since January, while the E:HEV L hybrid has fallen to $43,900 drive-away – a significant reduction from its usual $47,000 price.

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Meanwhile, the Honda Civic Type R hot hatch is now listed at $73,600 drive-away – a $1000 increase compared to when it arrived in Australia around 12 months ago.

Honda Australia temporarily offered a seven-year/unlimited-kilometre warranty and seven years of complimentary roadside assistance for all HR-V, ZR-V and CR-V vehicles sold between January 16 and March 31, 2024, but this has now reverted to the brand’s standard five-year coverage.

The Accord sedan is currently in ‘run-out’ with a seven-year/unlimited-kilometre warranty and seven years of roadside assistance – but no cost reductions – ahead of the all-new model due in Australia next month.

A sole E:HEV RS hybrid variant has been confirmed for the latest Accord, which could be priced higher than the current $61,900 drive-away Accord VTi-LX Hybrid – compared to between $37,917 and $51,417 before on-road costs for hybrid versions of the soon-to-be-updated Toyota Camry.

While other manufacturers have experimented with temporary warranty extensions before shifting to a permanent arrangement, Honda says it has no plans to switch to a seven-year/unlimited-kilometre warranty across its range.

"Honda Australia does not have any plans to extend this offer past the cut-off date of 31st March, and our standard 5-year warranty, 5-year [roadside assist] and 5 low-price services will continue as a great value add as part of our standard offer," said a spokesperson in January.

The latest promotions offered by Honda Australia follow the brand’s sharp sales decline since 2018. It posted its lowest sales on record in 2023 after a shift to a controversial fixed-price ‘agency’ sales model in July 2021.

In 2023, Honda sold 13,734 vehicles in Australia, down from 14,215 in 2022, 17,562 in 2021, 29,040 in 2020, 43,176 in 2019 and 51,525 in 2018.

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However, local executives have defended the agency model switch – and reaffirmed Honda’s commitment to Australia “for the next 50 years”.

“That was a strategic move, for us to be here for the next 50 years… And I hope it demonstrates to you that we’re not going anywhere. We’re here to stay,” said Honda Australia director Carolyn McMahon in May 2023.

McMahon added that Honda is “happy” with how the agency sales model has been rolled out and blamed poor supply – not a lack of demand for Honda vehicles – as the key reason behind the low sales figures.

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2024 Honda CR-V pricing (MY24)

2024 Honda ZR-V pricing (MY23)

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2024 Honda HR-V run-out pricing (MY22)

2024 Honda Civic pricing (MY23)

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2023 Honda Accord run-out pricing (MY22)

2024 Honda Accord pricing (MY24)