Tuesday, February 10, 2009

Honda Insight

If you are a car fan then I'm sure you are aware that Honda has announced their newest hybrid called the 2010 Insight. Several years ago Honda dropped the Insight name and car saying that it was better to design and offer smaller cars with hybrid technology, such as the Civic hybrid. I guess they changed their mind.

Of course this Insight is targeted specifically against the Toyota Prius. Honda has a ways to go if they want to catch or pass the Toyota hybrid. The Prius is rated the most fuel efficient car in the United States, and the 2010 model is rated at 50 mpg.The Insight is currently rated at 40 city, 43 highway and 41 combined. So they can't claim to be more fuel efficient. I have not seen the final dollar amount for the car, but it is supposed to be around $20,000, which would be less than the Prius.

The list of specifications is impressive, and if you would like to see them go here:
http://automobiles.honda.com/insight-hybrid/specifications.aspx

Of course a couple of keys to its success is the price of gasoline. There seems to be a direct ratio between the pump price and the popularity of a hybrid. They go up and down together. The second key is the global economy. If you can't afford a new car, it really doesn't make a lot of difference what the price is of a new model.

I have friends who love their Prius, and it seems like a less expensive model like the Insight should be a good addition for Honda. However, a friend of mine's wife has been looking for a used Insight for the past 6 months. She did not want a Prius, but found the old Insights were just too expensive. Last week I heard that she has decided to buy a Prius, after looking at the information about the Insight. I'm going to have to find out why.

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