- Pricing and residual values for new Japanese hatchback
- On sale from late March, entry-level model costs £18,235
- Residual values higher than outgoing model
Prices for the tenth-generation Honda Civic hatchback have been announced, with initial deliveries expected to arrive by late March 2017.
Petrol engines only
A more powerful 182hp 1.5-litre four-cylinder engine is also available, however you will need a little more patience to wait for the 121hp 1.6-litre diesel to arrive later in 2017. There has been no confirmation of a hybrid or electric version on the horizon.
Standard specification is yet to be confirmed, but a CVT automatic gearbox will cost £1,400 extra on each engine and metallic paint will be a £525 cost option on all models.
The 1.0-litre engine produces 110g/km of CO2 when fitted with the manual gearbox, meaning it will sit in the 21% BIK tax band for 2017/18 tax year. This means a 20% tax payer will pay just under £64 per month for the entry-level ‘S’ model. SE models will cost £1 a month more, but higher-spec SR and EX models rise to 117g/km - equating to a 22% BIK tax band.
The CVT automatic gearbox produces marginally less CO2 but not by a discernible amount to sit in a lower BIK tax bracket.
The higher-powered 1.5-litre petrol engine - available in its own Sport, Sport Plus and Prestige models – will complete the 0-62mph sprint in 8.2 seconds and claims an average of 47.1mpg. Producing 133g/km, this will equate to a BIK tax band of 25% - so if you would prefer to have your Civic with brisk performance, this will cost you just below £94 per month for a Sport model.
Fitting a CVT gearbox to the 1.5-litre engine will also increase the BIK tax by 1%, with CO2 emissions rising to 139g/km.
Improved residual values
While the styling for this generation Honda Civic is a large departure over the outgoing model, it doesn’t appear to have a negative effect on the residual values. With an increased value of 9% on some models, not only can this reduce the cost of ownership for private buyers, but could also contribute into a lower monthly rate to benefit business buyers.