What a way to end the week. If you've been saving up for a Honda Jazz, City or CR-V, then we have some bad news for you. Don't shoot the messenger (us), Honda Malaysia has just increased the prices of the cars mentioned above. At the very least, the jump in price isn't much, and it depends on the variant and colour.
The Honda Jazz's price has increased between 6.05% and 7.20%. So, the Jazz is now priced from RM75,300 to RM88,820.
As for the Honda City, prices have gone up between 5.30% and 6.32%. Now, you can buy the base spec City at RM78,500 right up to the feature-loaded City at RM91,720.
The Honda CR-V has it worse, making the highest leap in price, between 7.77% and 9.25%. This makes the CR-V fall between the price range of RM151,100 and RM176,300.
Honda Malaysia states that the increase in price "follows the review to the Completely Knock-Down (CKD) customised incentive. This customised incentive is different from the earlier-announced excise valuation regulation, which was expected to not affect vehicle prices."
There's a silver lining to the announcement. The prices for the Jazz Hybrid and the City Hybrid remains unchanged. Perhaps it is better to 'go green' after all.