RIGHT CAR, RIGHT TIME?

All-new Insight could save businesses thousands

• Savings of up to £9,770 possible, versus key competitors*
• Class-leading servicing costs
• Residual values up to 44 per cent
• Low BIK tax and lower fuel bills

Honda’s Insight has confirmed its status as the most affordable hybrid on the market with the announcement of exceptionally low running costs that could save company car fleets thousands of pounds.

As well as an on-the-road price much lower than any of its competitors (SE models start from £15,490), the Insight’s high residual values, class-leading SMRs, reduced BIK contributions (10%) and great fuel economy create a host of additional savings over the whole life of the car.

"It has always been our intention to launch a more affordable hybrid and these latest independent figures verify our claims,” said Graham Avent, Manager – Corporate Operations, Honda (UK). “Whether it’s low depreciation, class-leading servicing costs or great fuel economy that offers diesel mileage at petrol prices, the Insight delivers a win on all levels. In the current economic climate I am confident the Insight will prove to be a perfect car for its time."

Residual values for the Insight are the highest of any hybrid car:

Insight SE  43%
Insight ES   43%
Insight ES-T  44%

For the full savings table that compares Insight with its competitors, download the word version of this press release by clicking 'download text document' in the top right corner of this window.

-Ends-

Notes to Editors:

*over 3 years 60,000 miles (for drivers working in the Congestion charge zone)

Sources:

SMR costs – Maintbook, Feb 09

Residual values – Cap Monitor, Mar 09

Fuel costs – AA.com fuel price watch, Feb 09 (petrol @ 91.1p/litre and diesel @ 100.9p/litre)

Whole life cost – P11D, fuel cost, SMR, National Insurance and road tax less the residual value of the car

Congestion charge calculated at £8 x 5 days per week x 52 weeks per year

Golf SMR costs are provisional.

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For more information, please contact:

Steve Kirk
T: 01753 590232
E: Steve.Kirk@honda-eu.com

Emma Knight
T: 01753590193
E: Emma.Knight@honda-eu.com

Images and other Honda press material can be downloaded from
the Honda (UK) media website at www.hondauk-media.co.uk