The Japanese automaker unveiled the new Honda CR-V e.HEV in South Africa with a starting price of R949,900, which is R91,400 lower than the previous model.
The vehicle pairs a 2.0-litre petrol engine with two electric motors; the engine alone delivers 106 kW and 189 Nm, while the motors add 135 kW and 335 Nm of torque.
Its drivetrain consists of a traction motor, a generator motor, the engine, a lock-up clutch and a power control unit, operating without a traditional multi-speed gearbox.
Drivers can select EV Drive, Hybrid Drive or Engine Drive. Standard equipment includes RS-style gloss-black bumpers, a panoramic sunroof, leather upholstery with red stitching, ambient lighting, a wireless charger, a 9-inch infotainment screen, a 10.2-inch TFT cluster and a head-up display.
The model also incorporates a suite of driver-assist technologies, such as lane departure warning, lane-keeping assist and adaptive cruise control, which aim to reduce collision risk in urban traffic.
The purchase also comes with a 5-year/200,000 km warranty, a 5-year/90,000 km service plan, three-year roadside assistance and an 8-year/200,000 km hybrid battery warranty.
Financing the SUV over 60 months results in a monthly payment of R20,630 if no down payment is made. Financial advisers suggest vehicle payments should not exceed 20% of gross earnings.
Applying that guideline implies a combined household income of roughly R103,150 per month to afford the vehicle without a deposit.
Providing a 50% deposit of R475,000 cuts the instalment to R10,361 per month, lowering the necessary earnings to about R51,805 per month, assuming the buyer can secure the upfront amount.
Potential buyers must also budget for insurance, fuel and routine maintenance, expenses that are not covered by the financing schedule or the included warranty.
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