Want a Honda hybrid, but sticking to a strict budget? You're in luck. For 2011, the Honda Insight gains a new base model trim, which will run $1600 under the least expensive 2010 model.
For those set on purchasing a new hybrid vehicle, the Honda Insight remains the least expensive option on the current market (a 2011 CR-Z is $1000 more). The $18,950 starting price of the base 2011 Insight gets frugal buyers the same powertrain as other Insights, meaning fuel efficiency of 40/43 mpg city/highway. With $1700 separating the base Insight from the Insight LX, it should come as no surprise that a few standard features are removed. On a base Insight, you won't find cruise control, a security system, center console with armrest and storage compartment, floor mats, or a USB audio interface. A two-speaker AM/FM/CD sound system replaces the LX's four-speaker unit -- the top-line EX has six speakers.
Even so, the new base Insight gets something no Insight LX or EX has: eight cupholders and unique seating fabric. The base Insight's 2717-pound curb weight is light, but only 10 pounds lighter than the LX model. Speaking of the LX, it starts at $20,650 for 2011, $100 more than the 2010 model. Like all 2011 Insights, the LX has Vehicle Stability Assist. Cruise control, a USB audio interface, a center armrest storage area, and floor mats are new to the LX for 2011.
The EX sees a $190 price jump to $22,240. Steering wheel mounted audio controls are new to the non-navigation system EX this model year. Over the LX, the EX adds alloy wheels, steering wheel mounted paddle shifters, a six-speaker sound system, and heated side mirrors with integrated turn signals.
For $1775 more, Honda will throw in a navigation system, Bluetooth, and a digital audio card reader. The price of the loaded 2011 Insight EX with navigation is $24,015. For comparison, the 2011 Toyota Prius II base price is $23,810, meaning the price difference between the base models of the two hybrids is now approaching $5000.
Now that Honda has reduced the base price of the Insight to $18,950 for a bare bones model, are you more likely to consider the hybrid?
All prices include destination charges.