It's Official: Here Are The Prices Of The 2023 Honda BR-V

After
revealing its November 21 launch date
, Honda Cars Philippines has continued to announce more information surrounding its much-awaited 2023 BR-V. Now, in a lead up to the launch, they’ve finally confirmed the prices.
Previewed at the 8th Philippine International Motor Show
and
launched globally way back in 2021
, the all-new BR-V comes in four variants:
BR-V 1.5 S MT
BR-V 1.5 S CVT
BR-V 1.5 V CVT
BR-V 1.5 VX CVT
And in five colors:
Premium Opal White Silver (new color; VX CVT and V CVT)
Meteoroid Grey Metallic (new color; all variants)
Crystal Black Pearl (V CVT and S CVT)
Lunar Silver Metallic (all variants)
Tafetta White (S CVT and S MT)
Undoubtedly pressured by the impending launch of a chief rival, the Hyundai Stargazer, Honda Cars Philippines has now released the official prices of its 7-seater sub-compact SUV a month before its official launch which are:
BR-V 1.5 S MT – P 1,100,000
BR-V 1.5 S CVT – P 1,190,000
BR-V 1.5 V CVT – P 1,130,000
BR-V 1.5 VX CVT – P 1,390,000
At this point, the only thing left to reveal would be what differentiates each variant.
Based on what the Japanese carmaker displayed at PIMS, the top-of-the-line VX stands to get the monocular-camera-based Honda SENSING driver assist system, leather seats, automatic climate control, 6 SRS airbags, and rear parking sensors/camera as standard. The V is expected to drop Honda SENSING, while retaining everything else.
Meanwhile, for the entry-level S variants, LED headlights are said to be standard, but the S CVT and its P 90,000 price gap will gain buyers large wheels, a push-start system, and LED fog lights. LED headlights and an 8-inch infotainment system with Apple CarPlay and Android Auto are reportedly standard even on the base S MT trim.
Powering all variants of the Honda BR-V is a 1.5-liter DOHC L15 engine with 121 horsepower and 145 Nm of torque. This is the same powerplant found in the all-new City and entry-level HR-V.
Do you think the prices are competitive, or is Honda Cars Philippines biting off more than what they can chew with their second-generation BR-V?