If you have been eyeing a Honda as the first or latest addition to your garage, you might want to take a second look at your budget. This is because Honda Cars Philippines Inc. (HCPI) has announced significant price increases for almost its entire model range.
All variants of the 2023 Honda BR-V are spared from the price adjustments
On its website, the automaker lists the updated prices for all but three of its offerings, with the price adjustments ranging from Php 10,000 to Php 139,000 more.
As of this writing, only a handful of HCPI models have managed to retain their respective sticker prices. These include all variants of the new BR-V 7-seat subcompact crossover priced from Php 1,090,000 to Php 1,390,000, the entry-level Civic S Turbo CVT compact sedan with Honda Sensing at Php 1,368,000, and the top-spec HR-V RS Turbo CVT 5-seat subcompact crossover at Php 1,739,000.
HCPI previously adjusted its prices in September 2022, prior to the arrival of the second-generation BR-V. The price increases covered select models such as the Brio small hatchback, the sedan and hatchback versions of the City subcompact model, the Civic compact sedan, and the CR-V compact crossover. In November, HCPI hinted at updated pricing for the 2023 HR-V, excluding the flagship trim.
The Honda HR-V S gets the biggest price increase
The company has yet to issue a statement on the reason for the price adjustments, although possible factors include continuing inflation and the struggles of the Philippine peso against international currencies. Here are the updated prices that HCPI has released for its model lineup:
| Model | Old price | New price |
|---|---|---|
| Brio 1.2 S | Php 650,000 | Php 680,000 |
| Brio 1.2 V | Php 742,000 | Php 772,000 |
| Brio 1.2 RS | Php 798,000 | Php 828,000 |
| Brio 1.2 RS Black Top | Php 808,000 | Php 838,000 |
| City 1.5 S | Php 938,000 | Php 953,000 |
| City 1.5 V | Php 1,018,000 | Php 1,033,000 |
| City 1.5 RS | Php 1,078,000 | Php 1,093,000 |
| City 1.5 RS Hatchback | Php 1,138,000 | Php 1,153,000 |
| Civic V Turbo Honda Sensing | Php 1,568,000 | Php 1,583,000 |
| Civic RS Turbo Honda Sensing | Php 1,760,000 | Php 1,775,000 |
| CR-V 2.0 S | Php 1,753,000 | Php 1,763,000 |
| CR-V S Diesel Honda Sensing | Php 1,993,000 | Php 2,030,000 |
| CR-V SX Diesel AWD Honda Sensing | Php 2,253,000 | Php 2,290,000 |
| HR-V S Honda Sensing | Php 1,250,000 | Php 1,389,000 |
| HR-V V Turbo Honda Sensing | Php 1,598,000 | Php 1,649,000 |
Keep track of more automotive price movements at Philkotse.com.
Know more about Honda
Honda Cars Philippines, Inc. (HCPI) has a total of 10 passenger cars with no commercial vehicle offerings for the local market.
Starting at Php 658,000 the most affordable Honda model in the Philippines is the Honda Brio, while the CR-V is the most expensive model at Php 2,290,000. The current lineup consists of four body types including crossover/SUV, sedan, hatchback, and MPV. Crossover/SUV includes Honda CR-V and Honda HR-V. As for the sedan models, HCPI offers the Honda City and Honda Civic. Moving to hatchbacks, there's the Honda Brio and Honda City Hatchback. Last but not the least is the Honda BR-V is classed as an MPV.
At Philkotse.com, we provide you with the most up-to-date Honda Cars Philippines price list, along with promotions from all dealers, the best monthly installment program, prepaid, and cash discount on the Philippine market.
For more information about the Honda Cars Philippines price list 2023, we listed down the details below.
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