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Honda puts a price tag on the Insight hybrid

Honda sets a price for the 2010 Insight Hybrid.

2010 Honda Insight EX
Corinne Schulze/CNET

Honda has finally buckled down and set an MSRP and a release date for its new Insight Hybrid. Since its unveiling and during our testing, we've been merely speculating on the MSRP of Honda's dedicated-hybrid model, but on March 24 buyers will be able to purchase an Insight LX Hybrid starting at $19,800.

At that price, the Insight undercuts the current Prius' base price by $2,200, but that gap could grow or shrink with the release of the 2010 model.

Those with a bit more change in their purses can step up to the Insight EX for $21,300. This trim-level bump adds, most notably, Vehicle Stability Assist, alloy wheels, cruise control, paddle shifters, a six-speaker audio system with USB interface, and heated side mirrors with integrated turn signals.

Be sure to check out our full review of the Editors' Choice winning 2010 Insight EX with Navigation, which can be had for $23,100.

All three Insight models are EPA rated at 40 mpg city and 43 mpg highway (41 mpg combined).