Honda Jazz 1.5L Petrol CKD - Cheapest Honda to date at RM74,800!

 Car buff will notice that the pictures of the next generation of Honda Jazz has been leaked online. However, it has not been launched in Japan yet and it might due to launch in Malaysia next year. A shocking (but good) announcement by Honda Malaysia revealed that the current 2nd generation Jazz 1.5L petrol version is now locally assembled and is priced at RM74,888 OTR including insurance - making it the cheapest Honda to date in Malaysia!

This makes the CKD Jazz cheaper than its CKD hybrid counterpart by RM15k, and is cheaper than the previously cheapest petrol Jazz by a whooping RM25k! The price reduction has nothing to do with any government incentive or tax exemption, it's because of Honda Malaysia's effort in increasing the local content of the Jazz. Thus, monthly installment is estimated to be as low as RM755 per month with a 9-year of loan repayment period.

While the price is reduced, only the previously available auto door lock and paddle shift found in the earlier Jazz are omitted. Standard features are ULTra Seats, tilt and telescopic adjustable steering column, power retractable wing mirrors and LED taillights. Safety features are not skimpy either, ABS, EBD, solid rear discs, 3-point rear seatbelts and even Vehicle Stability Assist (VSA) is standard in the CKD Jazz. Jazz is protected with a 3-year or 100,000km warranty, would be better if Honda Malaysia offers 5-year warranty like many other car manufacturers (notably Korean) did.

Now the CKD Jazz makes a more sensible purchase than the top-of-the-range Mirage which is just cheaper by few thousands. It gives the Kia Rio and the Mirage a run for their money by offering more interior space and better resale value in the same price range. However, Rio is better in terms of standard equipment while Mirage is better in terms of fuel economy and nippiness in town. Each has its own perks.

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