Honda Fit Hybrid Japanese Pricing + Date Announced

Honda Japan has finally released the price and sales date for the new "Hybrid Honda Fit". I was holding off on buying one of these when they were announced last year - I'm glad I did.

Prices will start at around 1.59 million yen (approx. $18,500 US). With the government rebates applied I assume... this is only 300,000 yen ($4650 US) more than the gasoline model.

From what they posted on JapanToday, the new model will get approx 30Km/L (up from the current 24Km/L). Japan sales date should be October 2010, US sales later in 2011.

Toyota has also announced a compact hybrid for the Japan market in 2011, price also around 1.5 million yen.

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Honda to Halve Cost of Hybrid System for 2009 Model

Honda Motor Co Ltd announced that the development of its hybrid-only model slated for release in early 2009 is progressing smoothly and the cost for its hybrid-related system is likely to be about 50% lower than that of the Civic Hybrid. The hybrid-only model will be a five-passenger car with five doors suited for family use, with the size somewhere between Honda's "Fit" and "Civic" The market price is expected to be less than ¥2 million (≠ US$18,580).
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