Honda Car Discounts January 2026: Save Up to Rs 1.76 Lakh on Elevate, Amaze & City!
The New Year has arrived, and for car buyers in India, it brings a mixed bag of news. While most manufacturers, including Honda Cars India, have announced price hikes effective from January 2026 due to rising input costs, there is a silver lining. To clear out the inventory from the previous manufacturing year (MY2025), Honda is offering some of the most aggressive discounts we have seen in recent times. Tata Punch Facelift Teased: Launching Jan 13 | New Design & Features Revealed
If you have been eyeing a reliable Japanese machine, now might be the perfect window to strike a deal. For January 2026, discounts on Honda cars have reached a staggering Rs 1.76 Lakh, with the popular Honda Elevate SUV leading the charge. Car Offers 2026: Massive Discounts on Maruti, Tata, Mahindra & Hyundai (January Edition)
At MotorCarVerse, we have broken down every rupee of these savings to help you calculate exactly how much you can save on your new Honda. whether you are looking for the rugged Elevate, the sophisticated City, or the practical Amaze.
Why Are the Discounts So High in January 2026?
Before we dive into the model-wise breakdown, it is essential to understand the “Why.” January is traditionally a month of stock clearance in the Indian automotive industry. Dealers are sitting on inventory manufactured in 2025 (MY25), which legally becomes a “one-year-old” car on paper, even if it is brand new.
To make these MY25 cars attractive against the fresh MY26 stock (which is pricier due to the January price hike), Honda is offering massive benefits. These benefits usually come in the form of:
- Cash Discounts: Direct reduction in the ex-showroom price.
- Exchange Bonuses: Extra value for your old car.
- Corporate Discounts: Special rates for select employees.
- Loyalty Bonuses: For existing Honda customers.
- Warranty Savings: Discounts on extended warranty packages (a smart way to save long-term).
Honda Elevate Discounts January 2026: The Big Jackpot
The star of the show this month is undoubtedly the Honda Elevate. Since its launch, the Elevate has been a steady seller, appreciated for its “no-nonsense” SUV character, robust build, and the legendary 1.5L i-VTEC engine.
For January 2026, you can save up to Rs 1.76 Lakh on the Elevate. This makes it one of the most value-for-money mid-size SUVs currently available, undercutting rivals like the Hyundai Creta and Kia Seltos significantly.
Breakdown of Honda Elevate Offers
The maximum benefit is applicable primarily on the top-spec ZX variant (MY2025 stock). Here is how the math works:
| Offer Component | Discount Amount (Approx.) |
| Cash Discount | ₹ 25,000 |
| Exchange Bonus | ₹ 45,000 |
| Additional Exchange Bonus | ₹ 6,000 (Select dealers) |
| Corporate/Self-Employed Bonus | ₹ 5,000 – ₹ 10,000 |
| Loyalty Bonus | ₹ 4,000 |
| Extended Warranty Savings | ₹ 19,000 (On 7-Year Package) |
| Accessory Benefits | ₹ 28,000 (360° Cam + Ambient Light) |
| Total Potential Savings | Up to ₹ 1,76,000 |
Note for MY2026 Buyers: If you insist on a car manufactured in January 2026, the discounts drop. You can still expect benefits up to Rs 1.37 Lakh, but you lose out on the massive clearance cash discounts.
Why Buy the Honda Elevate Now?
The Elevate is perfect for those who prioritize driving dynamics and comfort over gimmicky features. It offers best-in-class ground clearance (220mm), a spacious cabin, and the safety assurance of ADAS (Advanced Driver Assistance Systems) on higher trims. With a nearly ₹1.76 Lakh price cut, the effective on-road price drops drastically, making the top-end ZX variant incredibly accessible.
Honda City Discounts January 2026: The Sedan King
The Honda City remains the gold standard for C-segment sedans in India. Despite the onslaught of SUVs, the City continues to find buyers who value rear-seat comfort and driving pleasure.
For January 2026, Honda is offering benefits up to Rs 1.37 Lakh (and even up to Rs 1.57 Lakh at select locations) on the City.
Breakdown of Honda City Offers
These offers are generally valid across the SV, V, VX, and ZX variants, though the quantum varies.
| Offer Component | Discount Amount (Approx.) |
| Cash Discount | ₹ 40,000 |
| Exchange Bonus | ₹ 30,000 |
| Scrappage Bonus | ₹ 20,000 |
| Corporate Discount | ₹ 5,000 – ₹ 10,000 |
| Loyalty Bonus | ₹ 4,000 |
| Warranty Savings | ₹ 28,700 (On 7-Year Package) |
| Total Potential Savings | Up to ₹ 1,37,700 |
Note: The elegant City e:HEV (Hybrid) is also attracting benefits, primarily in the form of an extended warranty discount worth roughly Rs 68,000 or massive cash discounts depending on dealer inventory. If your running is high, the Hybrid City—with its 26 kmpl+ mileage—is a steal with these offers.
Why Buy the Honda City Now?
The Honda City is a complete package. It is safe (5-star ASEAN NCAP), powerful (121 PS), and comfortable. The discounts essentially cover the cost of insurance and registration in many states, meaning you are getting a premium sedan for a much lower effective price.
Honda Amaze Discounts January 2026: Budget Luxury
The Honda Amaze acts as the entry point into the Honda family. It is a crucial model for the brand, and with the new generation (3rd Gen) recently making headlines, the inventory of the older generation (2nd Gen) is being cleared out with heavy incentives.
Discounts on the Amaze go up to Rs 87,000 (depending on the generation and stock).
Breakdown of Honda Amaze Offers
This is where you need to be careful. Dealers might have both the 2nd Gen (Old) and 3rd Gen (New) Amaze in stock.
For 2nd Gen Amaze (MY2025 Stock):
- Total Benefits: Up to Rs 87,000
- Includes: High cash discounts (~₹35k), exchange bonuses, and free accessories. This is the car to buy if you want maximum savings and don’t mind the older design.
For 3rd Gen Amaze (New Model):
- Total Benefits: Up to Rs 57,000 (Varies by variant)
- Includes: Mostly exchange benefits and loyalty bonuses. Since it is a newer model, direct cash discounts are lower.
| Offer Component | Discount Amount (Approx.) |
| Cash Discount | ₹ 10,000 – ₹ 35,000 |
| Exchange Bonus | ₹ 20,000 – ₹ 40,000 |
| Loyalty Bonus | ₹ 4,000 |
| Corporate Discount | ₹ 6,000 |
| Total Potential Savings | ₹ 57,000 – ₹ 87,000 |
Why Buy the Honda Amaze Now?
The Amaze is the only car in its segment to offer a CVT automatic (not the jerky AMT found in rivals like the Dzire or Aura). If you want a smooth, hassle-free city car for your family, the Amaze CVT with these discounts is unbeatable value.
Important: MY2025 vs. MY2026 – Which One Should You Pick?
This is the biggest dilemma for buyers in January. Should you take the massive discount on a 2025 manufactured car, or pay extra for a 2026 model?
Buy the MY2025 Model IF:
- You plan to keep the car for 5+ years: The difference in resale value between a 2025 and 2026 model becomes negligible after 5 years. The upfront saving of ₹1.76 Lakh today is worth more than the slight resale dip later.
- You are budget-conscious: That extra ₹1.5 Lakh saving can fund your fuel for the next 2-3 years!
Buy the MY2026 Model IF:
- You change cars frequently: If you plan to sell the car in 2-3 years, a “2026” on the RC card will fetch you a better resale price.
- You want the absolute latest: If minor updates (if any) matter to you.
Conclusion: Don’t Wait Too Long!
These offers are valid only until January 31, 2026, or until stocks last. Given the high demand for the Elevate and City, the specific variants with the highest discounts (like the ZX trims) tend to sell out in the first two weeks of the month.
If you are on the fence, visit your nearest Honda dealership today. Remember, these figures are “Up To,” meaning the final deal depends on your negotiation skills and the dealer’s inventory.
MotorCarVerse Tip: Always ask for the “Final On-Road Price” with the discounts applied and compare it with the insurance quote. You can often save an extra ₹10,000-₹20,000 by buying insurance externally!
Happy Car Shopping!
Disclaimer: The discounts mentioned above are tentative and may vary depending on the city, dealership, and stock availability. Please contact your nearest authorized Honda dealer for the exact figures.
