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Honda Fit EV lease drops to $199 a month, but there's a catch

The Honda Fit EV just became a much better deal. When it first launched, Honda offered the car (in California and Oregon only) in 2012, the monthly price was $399. In 2013, the official lease price dropped to $259. Today, Honda announced that the fun little runabout will cost you just $199. The catch? For new customers, this price is only good on used Fit EVs. You can also take advantage of this deal If you're a current Fit EV lessee by extending your time with your car by two years for the new, lower $199-a-month price. The other limitations of the Fit EV lease – the fact that there's no purchase option at the end of the lease and that the car itself is still only available in "designated market regions" – remain, which means that getting this particular electric car is a better deal than it used to be, but it's still not a good Fit for everyone. Related Video: Honda Introduces New Lease Options for Existing and Prospective Fit EV Lessees Mar 23, 2015 - TORRANCE, Calif. Two-year Fit EV lease extension offered to existing lessees New, two-year used Fit EV lease offered to prospective customers Price reduced to $199 a month; no down payment and unlimited mileage, routine maintenance and collision coverage included Honda is extending the reach of its efficient and fun-to-drive all-electric Fit EV (http://automobiles.honda.com/fit-ev/) through new lease programs for both existing and prospective Fit EV customers. For current, eligible Fit EV customers, Honda is offering a two-year lease extension that includes a lower $199 monthly payment1 (previously $259) and extends the unlimited mileage, routine maintenance and collision coverage1 that were included in the original lease. The reduced lease price and matching two-year terms1 will also be available to new customers interested in driving a used Honda Fit EV. Honda shared the news to a group of Fit EV drivers at an event hosted at the Honda Smart Home US (http://www.hondasmarthome.com/) in Davis, CA on Saturday, March 21. "Most Fit EV drivers tell us they love their vehicles, and many have requested lease extensions and this extended lease program is intended to meet their needs," said Steve Center, vice president of the Environmental Business Development Office, American Honda Motor Co., Inc.

Pair of perfect Honda NSX Type Rs go up for auction in Tokyo

While the original Acura NSX is a brilliant supercar in any of its iterations, we never got the best version of it here in America: the Type R. Those came with Honda badges and are right-hand drive only. Unless you're in Japan or are lucky enough to come see an imported example elsewhere, you're not going to come across one of these. To see two practically perfect examples go up for auction at the same time is an even rarer sight. Some first-generation NSX Type R models (1992-1995 model years) can be imported to the U.S. now that they have surpassed the 25-year mark. However, this 1995 model is still a hair too new. Should that stop you from buying it and waiting a few months to take U.S. delivery? Certainly not. This car being offered at Tokyo's BH Auction with a grand total of 534 miles on its odometer. The seller claims it's 100% original and in pristine condition. Honda did a lot to transform the NSX into the first Type R of many to come. To start, engineers cut 308 pounds out of the car by using aluminum in even more places than before, deleting sound deadening, eliminating the A/C and stereo and using carbon-kevlar Recaro bucket seats. The 3.0-liter V6 was balanced and blueprinted. Then the suspension was given a full makeover with stiffer dampers, springs, bushings and a larger front sway bar. There were plenty of other little things throughout, but we'll spare you the long list. The number you need to know most is the estimated auction price. BH Auction thinks this NSX Type R will go for $227,000 - $272,000. 2005 Honda NSX-R View 21 Photos Next up is the ultra-rare 2005 Honda NSX-R. This R was based-off the NA2 NSX, so it has a 3.2-liter V6 and six-speed manual transmission with the new bodystyle that ditches the pop-up headlights. The 2005 model year was the last for the first-gen NSX, meaning this R is just about as new as they come. Many of the modifications that Honda did for the first Type R were repeated here. This model used carbon fiber more judiciously, though, replacing the hood, deck lid and spoiler with the lightweight material. The auction house claims just 140 NA2 NSX-Rs were made, so this is an incredibly rare car. Sadly, nobody here will be able to import it and drive it on American roads for quite some time yet. The price is estimated to come in at $345,000 - $436,000. That's pricey but this NSX has an even lower odometer reading than the other at just 348 miles.

Honda goes big for bikes: Concept CB, Super Cub [w/video]

Unlike similar many major automobile shows around the world, the Tokyo includes a significant number of motorcycles in addition to the new, four-wheeled vehicles on display. Showing its standing as a major player in the two-wheeled world, Honda has quite of slate of intriguing concept bikes at the show this year. With its futuristic, razor-sharp styling, the Neowing concept wouldn't look too out of place in a sci-fi anime. However, the bike's layout lets it lean into turns, while still offering riders three-wheeled stability. Power comes from a flat-four engine with hybrid assistance. Honda also takes its little Grom 50 motorcycle and adds some dirt bike aesthetics. The Scrambler Concept-One does that with vintage-inspired details like the pads on the tank and holes in the muffler guard. Meanwhile, the Scrambler Concept-Two goes for a more modern look and some military-inspired green paint. For another retro look, the company also imagines two new versions of the classic Cub. The EV-Cub Concept replaces the engine with an electric motor for short-distance commuting. Alternatively, the blue Super Cub Concept sticks with gasoline for fuel but tries to get the best economy possible for longer rides. Finally, the CB Concept updates the already classically inspired CB1100. Up front, the headlight now uses an LED, and the air-cooled inline-four gets a new, two-chamber exhaust to replace the current three-chamber design. As the photos above show, the chrome trim really makes the bike pop on stage. Check out the videos below for a closer look at the Grom 50 and Cub concepts. Honda Announces Overview of Exhibit for the 44th Tokyo Motor Show 2015 - Exhibiting Original Honda Mobility Products Under the Concept of "The Power of Dreams" - TOKYO, Japan, September 30, 2015 - Honda Motor Co., Ltd. today announced its lineup of production and concept-model automobiles and motorcycles as well as other highlights for its exhibit at the 44th Tokyo Motor Show 2015, which will take place at Tokyo Big Sight. (Press days: October 28-29, 2015, Public days: October 30 - November 8, 2015). Using its global brand slogan - The Power of Dreams - as the booth concept, Honda will exhibit a broad range of items including innovative mobility products that are useful in people's daily lives as well as a lineup of mobility products topped by racing machines that pursue excellence in driving performance.