How much should you pay for a new small SUV in 2023?

Inflation has made virtually all products and services more expensive. It is increasingly difficult to adequately measure the true value of assets. Small SUV prices have risen across the board, with some nameplates reaching record starting prices. How much should you expect to pay for a new small SUV in 2023?

Don’t expect to spend less than $28K on a new 2023 small SUV

2023 Honda CR-V | sling

Some of the most popular small SUV nameplates on the market have starting prices over $26K. Keep prices and fees in mind, and the retail price of most new small SUVs is much closer to $28,000. This is a pretty significant price increase from the price of the average small SUV just a few years ago.

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