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Honda India just sold 361 units of the Jazz last month. The sales are totally appalling for a hatchback and now Honda has taken due measure to increase the sales drastically. The company has slashed prices of all variants of the Honda Jazz by upto Rs. 1.75 lakhs in a bid to attract customers. Post the price cut of the City sedan, we had pondered over a price cut of the Jazz too. But little did we know that Honda would go ahead and slash prices to the tune of 20-25% on the Jazz. But wait, there is a catch.

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No, the price cut is for real, but could Honda just be clearing stocks till the new Jazz comes along soon. The facelifted Jazz has already been spotted in India and features a slight change to the exteriors as well as interiors. Honda might be clearing its stock so that they can make way for the new model. Furthermore, if they do plan to stick to these prices, then its a blessing in disguise for Honda fans. Because at these new price levels, we can expect the Brio to start at Rs. 3.99 lakhs, with the top model coming at around Rs. 5 lakhs (all prices ex-showroom, Delhi). The Brio goes in sale in October, 2011 across all Honda showrooms in India. It will utilize the powertrain from the Jazz.

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The discount of Rs. 1.75 lakhs is actually a Rs. 99,000/- discount. Honda dealers have been offering Rs. 55,000/- discount on the Jazz since quite some time now along with Rs. 1 insurance. Now this certainly makes the Jazz a very tempting alternative for B-segment buyers who want a competent hatchback, who can put sedans to shame with its high level of space and practicality. The price cut will certainly hit the resale value of people who already own a Jazz before this price cut. Plonk in a diesel engine in the Jazz and Honda has a full proof formula for success. Now will they take two years in developing an oil burner or should they just ask their friends down at Ranjangaon to lend them some Multijet magic!

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Honda Jazz New Prices (ex-showroom, Delhi) –

Honda Jazz Base Price – Rs 7,12,500/- (old price), Rs 5,87,500/- (new price)
Honda Jazz Select Price – Rs 7,35,500/- (old price), Rs 5,99,000/- (new price)
Honda Jazz X Price – Rs 7,56,500/- (old price), Rs 6,31,000/- (new price)

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