2022 Honda HR-V Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

Compact SUVs like the 2022 Honda HR-V have become quite popular in the last few years. Though the HR-V is the smallest SUV in Honda's lineup, it actually has a great amount of interior space thanks to a clever design. This model is affordably priced, so this should help it catch some attention in the market. It does its job fine, is relatively efficient for a non-hybrid, and can come with high-tech systems. In other words, the HR-V is very practical, and this is exactly what some buyers are looking for.

Trim Levels

Since Honda hasn't made any changes to the HR-V for the 2022 model year, the four available trims continue to be the LX, Sport, EX, and EX-L.

The EX has the basics, such as cloth seats and a manually adjustable driver's seat. It does have cruise control, remote entry, and LED brake lights. However, it does not have driver-assist technology or a touchscreen.

A seven-inch touchscreen is found at the Sport level, and so are Apple CarPlay and Android Auto. Some of the other upgrades associated with moving to the Sport include sport pedals, roof rails, and fog lights.

The top two trims, the EX and EX-L, both benefit from having driver-assist systems. They also get to have SiriusXM and HD Radio, which can keep people entertained. Their smart entry and push button start systems are convenient, and so are their heated front seats and heated side mirrors. At this level, the climate control system becomes automatic and is controlled with a touchscreen. While both of these trims have moonroofs, only the EX-L features leather upholstery.

Engine and Performance

Each of these trims runs on a 1.8-liter, four-cylinder engine. This engine isn't particularly large, nor does it have a turbocharger. As a result, it doesn't provide a tremendous amount of power. The HR-V has 141 horsepower and 127 pound-feet of torque, and it can come with all-wheel drive to enhance its traction. It also has hill start assist to prevent it from rolling backwards after being stopped on a hill.

Fuel efficiency is important to many potential buyers. They'll likely be pleased with the HR-V's combined fuel economy of 30 miles per gallon. If the SUV is equipped with all-wheel drive, that fuel economy only drops by one mile per gallon.

All trims have continuously variable transmissions. Sport mode is an option if someone really wants to push the limits. The top three trims have paddle shifters to provide some manual control over shifting.

Interior Space

The HR-V doesn't have a huge footprint, but Honda has done an excellent job of giving it a cabin that feels spacious. Second-row leg room is an impressive 39.3 inches. Some larger competitors don't even offer that much space.

Cargo volume is generous as well. When the rear seats are upright, cargo capacity is about 24 cubic feet. When those seatbacks have been folded down, cargo capacity expands to about 58 cubic feet.

There is another option for storing large pieces of cargo. The second row on the HR-V is called a Magic Seat. Its special trick is that its seat cushions can be flipped up so that they're pushed against the upright seatbacks. As a result, there's a relatively tall area in which some larger items can be stowed.

Interior Features

The LX is set up with a five-inch LCD display and Bluetooth. The other trims, as mentioned above, all have seven-inch touchscreens and smartphone connectivity. Plus, they have 180-watt sound systems instead of the standard 160-watt audio system, and they have two USB ports.

The top three trims all have HondaLink technology. With HondaLink, a mobile app can be used to connect with the vehicle. This gives people a way to remotely check their fuel range and oil life, pinpoint their vehicle's location, and be given reminders about maintenance tasks.

Safety

Only the EX and EX-L have the Honda Sensing suite of driver-assist safety components. Considering that the EX is less than $2,000 more expensive than the Sport, it's likely that many consumers could decide that this extra cost is worth it to get the additional safety programs.

The suite comes with adaptive cruise control as well as a number of mitigation and warning systems. Some of the included programs are forward collision warning, lane departure warning, and road departure mitigation. If the SUV starts to veer out of a lane or is approaching another vehicle too quickly, then it has the ability to correct its steering and apply pressure to the brakes.

The HR-V's top two trims have two other components, too. One is an automatic function on the high beams. They can turn themselves on and off, depending on whether other lights are detected. The other is a blind-spot monitoring system called Honda LaneWatch.

The Honda HR-V isn't fancy, but it might not need to be to attract a lot of attention. It's available with all-wheel drive and can have advanced safety systems and a comprehensive infotainment system, and perhaps most importantly, it has a comfortable cabin. Those who want don't need a lot and want to keep their expenses to a minimum will be pleased with the lower trims, and anyone who wants a bit more can treat themselves to the higher trims.

Note: All Honda HR-V MSRP, invoice and dealer cost dollar figures above are subject to change without notice.

A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.