Comparison: New Honda Amaze vs Used Honda Amaze

Here is a comprehensive comparison of a new Honda Amaze and a used Honda Amaze to understand which one is better for your needs.
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As far as sedans are concerned, the Honda Amaze has had a long and successful run in India. Like most Japanese cars, the compact sedan has earned its share of fame with its reliability and affordable maintenance costs. In December last year, Honda launched the third generation of the Honda Amaze, which got the addition of a few features and a comprehensive design overhaul. All the same, the new Amaze is not too different from the previous model, and those considering the older Amaze over the new one can potentially have a great deal in their hands. If you plan to buy a Honda Amaze and are confused between the new and the old one, this article is for you. Here we compare the new Honda Amaze and the used Honda Amaze and find out which one you should buy.

New Honda Amaze: Quick Overview

New Honda Amaze
New Honda Amaze

The Japanese carmaker launched the third-generation Honda Amaze in December 2024. The new Honda Amaze design is heavily inspired by the Honda Elevate and Honda City.  The new Amaze comes equipped with the same 1.2-litre i-VTEC petrol engine, which was available with the pre-facelift model as well. This engine comes mated to either a 5-speed manual gearbox or a CVT automatic. However, the new Amaze is wider than the previous model, which makes it more spacious. Moreover, it comes with many interior updates and some notable feature additions, including an ADAS safety suite, which makes it the most affordable car with ADAS features.

Key Updates of the New Honda Amaze

  • New design and interior layout
  • Front end inspired by the Honda Elevate and rear inspired by the Honda City
  • 38 mm wider than the previous model
  • Improved AC performance
  • Addition of rear AC vents
  • New features, including an air purifier, digital instrument cluster, and an 8-inch touchscreen
  • Most affordable ADAS safety suite
  • Improved safety with six airbags as standard

New Honda Amaze Ex-Showroom Price

Car VariantTransmissionEx-Showroom Price
V5-speed manual & CVT automaticRs. 8.10 – 9.35 lakh
VX5-speed manual & CVT automaticRs. 9.20 – 10 lakh
ZX5-speed manual & CVT automaticRs. 10 – 11.20 lakh

Note: Prices may vary slightly by location, and dealer discounts are not included.

Used Honda Amaze: Quick Overview

Honda Amaze

Honda launched the second-generation Honda Amaze in 2018, and it was facelifted in 2021. These Amaze models were powered by the same 1.2-litre petrol engine, which is still on sale, and a 1.5-litre turbo diesel engine, which was discontinued in early 2023. As far as performance is concerned, the old Honda Amaze is pretty much the same as the new Honda Amaze.

The overall silhouette of the latest Honda Amaze is the same as that of its second-generation model, and apart from the 38 mm extra width and rear AC vents, Honda has not made any significant improvement to the compact sedan, as far as creature comfort is concerned.

Used Honda Amaze Price Overview

Production YearTransmissionApprox. Price
20245-speed manual gearbox / CVT automaticRs. 8 – 10 lakh
20235-speed manual gearbox / CVT automaticRs. 7 – 9 lakh
20235-speed manual gearbox / CVT automaticRs. 6 – 8 lakh
20225-speed manual gearbox / CVT automaticRs. 5 – 7 lakh
20215-speed manual gearbox / CVT automaticRs. 4 – 6 lakh

The final price depends on the condition, location, and variant.

New Honda Amaze vs Used Honda Amaze: Financing Comparison

 New Honda Amaze VX CVTUsed Honda Amaze VX CVT (2023)
On-Road PriceRs. 11,17,000 lakhRs. 8,40,000 lakh
Down Payment (20%)Rs. 2,23,400 lakhRs. 1,68,000 lakh
Loan AmountRs. 8,93,600Rs. 6,72,000 lakh
Loan Tenure5 years4 years
Interest Rate9%11%
Total Interest~ Rs. 2,19,380~ Rs. 1,61,673
Total PaidRs. 8,93,600 + Rs. 2,19,380  + Rs. 2,23,400 = Rs. 13,36,380Rs. 6,72,000 + Rs. 1,61,673 + Rs. 1,68,000 = Rs. 10,01,673
Difference Saves: Rs. 3,34,707

So yes, the used Honda Amaze is significantly more affordable than the new Honda Amaze.

New Honda Amaze vs Used Honda Amaze: Insurance Comparison

Your car insurance plays a crucial role in deciding the expenditure on your car. Here is a comparison between the insurance costs of a new Honda Amaze and a used Honda Amaze.

New Honda Amaze VX CVT (2024)

  • Initial Insured Declared Value (IDV): Rs. 8,38,400 Lakh
  • First-Year Premium: Rs. 7,707 (approx.)
  • Total 5-Year Premium (with depreciation): ₹35,000 (approx.)

Used Honda Amaze VX CVT (2023)

  • Initial IDV: Rs. 7,89,083 Lakh
  • First-Year Premium: Rs. 6,800 (approx.)
  • Total 5-Year Premium: ₹29,000 (approx.)

So, in terms of insurance cost, a used Honda Amaze will save nearly Rs. 6,000 if you choose it over a new one.

New Honda Amaze vs Used Honda Amaze: Which to Choose?

As mentioned, since the launch of the second-generation Honda Amaze in 2018, the Japanese compact sedan has not changed much. The only significant update that the latest Amaze brings is the ADAS safety suite, which has made it safer than the previous model. Moreover, as is the case with Japanese cars, the Honda Amaze is known for its durability and dependability. Mechanically, a 1- to 5-year-old Honda Amaze is nearly the same as the new model.

Today, a 1 to 5-year-old Honda Amaze will offer you almost all modern-day essentials expected of a car of its segment. For example, climate control, music system, touchscreen infotainment, and more. With that being said, you always have the option to have a specific feature installed after-market, if needed. If we go by the comparisons we did above, the used Honda Amaze will save you a lot of money and prove to be a more value-for-money proposition if you buy it over a new Honda Amaze.

At the same time, if you want a brand new car and plan to use it for a long time or you want a Honda Amaze with its latest features, especially the ADAS safety suite, you should go for the new Honda Amaze.

FAQs

  1. Q. What does a brand-new Honda Amaze offer more than a used Honda Amaze?

    The brand-new Honda Amaze will offer you a new design of interior and exterior, and a few more features, such as rear AC vents, wireless charger, air purifier, and ADAS safety suite. As far as engines are concerned, the used (1 to 5 years old) Honda Amaze offers the same engine offerings as the new Honda Amaze.

  2. Q. Is the new Honda Amaze more fuel-efficient than the old Honda Amaze?

    Honda launched the BS6-compliant Honda Amaze in January 2020. As a result, the models that came after January 2020 are slightly more fuel-efficient than the older ones.

  3. Q. If I buy a 2-year-old Honda Amaze instead of a new one, how much will I save?

    If you buy a 2023 Honda Amaze instead of a new one, you can save over Rs. 3.3 lakh.

  4. Q. Which modern features will I get in a used Honda Amaze?

    After the 2021 facelift, the Honda Amaze began offering LED automatic headlights, keyless entry and go, cruise control, a 7-inch touchscreen infotainment system, Android Auto and Apple CarPlay, Automatic climate control, paddle shifters, and some other modern features. These are the features you can avail if you buy a Honda Amaze produced after its 2021 facelift.

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