It's not only Toyota PH that had to make price adjustments at the start of 2021. Honda Cars Philippines Inc (HCPI) has also increased the prices on almost all of its models.
Let's start with the newest model in the range. The 2021 City's special introductory prices are no longer available. With it, every variant of the City gets a PhP 10,000 mark up. The 1.5 S M/T now retails for PhP 848,000, while the 1.5 S CVT is available for PhP 888,000. Meanwhile, the 1.5 V CVT and top-spec 1.5 RS CVT can be yours for PhP 978,000 and 1,058,000, accordingly.
What about the Civic? Honda's compact sedan also received a slight price increase. The 1.8 E CVT is now available for PhP 1,188,000 (+PhP 3,000), while the 1.5 RS CVT's new suggested retail price (SRP) is at PhP 1,615,000 (+PhP 7,000). Only the entry-level 1.8 S retains its original PhP 1,115,000 price from before.
Moving to Honda's most affordable hatchback, the Brio gets a small price hike of PhP 3,000. With it, the 1.2 S M/T is now selling for PhP 601,000. Meanwhile, the 1.2 V CVT gets an SRP of PhP 661,000. Prices remain unchanged, however, for the 1.2 RS CVT, and 1.2 RS Black Top CVT.
Next up on the list is the Jazz that gets a marginal PhP 2,000 price increase. Those looking to get a 1.5 VX Navi CVT will now have to shell out PhP 1,000,000. As for the 1.5 RS Navi CVT, the sporty hatchback retails at PhP 1,090,000.
Now for the BR-V. Just like the Brio, it too received a PhP 3,000 increase in price. The 1.5 S CVT retails for PhP 1,038,000 while, the top-of-the-line 1.5 V CVT can be yours for PhP 1,158,000.
As for the Odyssey, the minivan gets a PhP 10,000 increase across every variant. That means the base model EX is now selling for PhP 2,298,000, while the range-topping EX-V Navi now has a PhP 2,698,000 sticker price.
Perhaps receiving the smallest of price hikes is the HR-V 1.8 E CVT. From its original PhP 1,295,000 SRP, Honda only increased to PhP 1,296,000 for 2021. The same cannot be said, however, for the 1.8 RS Navi CVT that now retails for PhP 1,515,000. That's an increase of PhP 7,000.
For those that plan to get an all-new Accord, be prepared to shell out PhP 2,308,000. That makes the D-segment sedan have the priciest of increases due to the PhP 20,000 mark up.
Only three models were not affected by HCPI's price adjustments; the 2021 CR-V, that was launched alongside the City late last year, the Civic Type R, and the Mobilio.
Despite the increase in prices, HCPI continues offering special discounts and promos until January 31, 2021, on certain models. Depending on the model chosen, Honda can slash up to PhP 250,000 off the sticker price. There are even special low downpayment promos for the Brio, CR-V, Jazz, and HR-V.
HCPI may have greeted 2021 with an array of price hikes, but at least customers can take advantage of the promos until the end of January.