Honda slashes price of all-new e:Ny1 by £5,000

Honda has radically revised both its pricing and finance options for its all-new e:Ny1 electric vehicle.

From 2 April, the price for a e:Ny1 Elegance model will now start from £39,995 (OTR) or £299 per month while the Advance model will start from £42,195 (OTR) or £339 per month. The e:Ny1 is available with 1.9% APR Representative and £3,000 deposit contribution until 30 June.

At launch, Honda offered the SUV electric vehicle in Elegance grade for the same monthly payment as its HR-V Hybrid Advance for finance customers in line with its retail strategy, to give customers the choice between powertrains.

That featured a £8,000 deposit contribution towards the e:Ny1 which meant that for £346 per month (5.9% APR), customers could opt for the e:Ny1 Elegance, or the similarly specified HR-V Hybrid Advance for the exact same monthly payment. At that time the e:Ny1 was priced from £44,995 OTR.

Honda e:Ny1 is a family SUV with a range of up to 256 miles (WLTP) and can be charged 10-80% in approx. 45 mins with a 100kW charger. Honda’s five year care package is also included which includes five-year service plan, five-year warranty and five-year roadside assistance

"April marks an exciting milestone for Honda as we unveil our new approach for the e:Ny1," said Rebecca Adamson, head of automobile at Honda Motor Europe (UK). "We are incredibly excited for the future of electric mobility and are proud to offer customers an exceptional blend of convenience and affordability. This new proposition reflects our commitment to innovation and sustainability, and we are confident that it will empower customers to ‘Go Electric’ with enthusiasm."

Previous pricing for e:Ny1 and retail finance offer