Honda has announced a price discount for the City hybrid model in Thailand, marking the first time that the Japanese automaker is offering price discount.

The City e:HEV SV is now priced at Bt729,000 (down from Bt769,000) while the City e:HEV RS now retails at Bt799,000 (down from Bt839,000).

Honda is also offering special financing for the month of August, with interest rate starting at 0.99 per cent inclusive of first-class insurance for one year. There’s also a “Double Smile Plus” program offering low monthly installment plan of Bt7,265 (City e:HEV SV with 20 per cent down payment) as well as 10-per cent down payment option.

In addition, the battery warranty for the hybrid model has been extended to 10 years while the hybrid system carries a 5-year unlimited mileage warranty.

Honda City Turbo RS

Meanwhile, the City Turbo is priced from Bt599,000 to Bt749,000 for the four variants available (previously only three variants).