The motorcycle market in late 2025 is witnessing contrasting trends as the “scooter king” Honda SH not only maintains its heat but also sees a rise in both list and dealership prices. With a record price gap of over 10 million VND for the most sought-after version, the dream of owning a luxury scooter for Tet celebrations has become more expensive than ever for Vietnamese consumers. This shift is attributed to Honda Vietnam’s recent introduction of the SH160i/125i 2026 models, featuring notable upgrades in design, equipment, and technology.
In November 2025, Honda Vietnam adjusted the list prices for its flagship models, the SH125i and SH160i. Specifically, the suggested retail prices increased slightly by 1.6 million to over 2.5 million VND, depending on the version. However, the real story lies in the dealership prices, which have captured the most attention from consumers. Surveys reveal that the actual on-road prices are significantly higher than the listed ones, especially as year-end travel demands begin to surge.
The price gap, or the “price hike” phenomenon, remains a hallmark of this scooter line. Most notably, the SH125i Sport and SH160i versions have seen the dealership-to-list price difference widen from 1.7 million to a peak of 10.3 million VND. This means that to own a SH125i Sport in cement gray or black, customers will have to pay nearly 96 million VND, a figure approaching the mid-range motorcycle segment.
Latest Honda SH Price List as of November 2025 (Reference)
| Version | List Price (VND) | Estimated Dealership Price (VND) | Price Difference (VND) |
| SH125i Standard | 76,473,818 | 83,700,000 | 7,225,182 |
| SH125i Premium | 83,837,455 | 90,800,000 | 6,962,545 |
| SH125i Special | 85,015,637 | 92,900,000 | 7,884,363 |
| SH125i Sport | 85,506,545 | 95,800,000 | 10,293,455 |
| SH160i Standard | 95,090,000 | 103,200,000 | 8,110,000 |
| SH160i Premium | 102,590,000 | 111,300,000 | 8,710,000 |
| SH160i Special | 103,790,000 | 112,300,000 | 8,510,000 |
| SH160i Sport | 104,290,000 | 113,500,000 | 8,010,000 |
| SH350i Premium | 151,190,000 | 152,900,000 | 1,710,000 |
| SH350i Sport | 152,690,000 | 156,500,000 | 3,810,000 |
Note: The motorcycle price list is for reference only and includes VAT, motorcycle insurance, registration fees, and license plate fees. Prices may vary depending on the time and location of the Honda dealership.
In detail, the SH125i segment is fluctuating between 83.7 million and 95.8 million VND at dealerships. Standard versions have lower price gaps, but the Sport versions with attractive color schemes are the focal point of this price surge. Meanwhile, the SH160i is not far behind, with dealership prices exceeding 100 million VND for all versions. Specifically, consumers need to pay between 103.2 million and 113.5 million VND to own this powerful model. The average price gap for the 160i line is around 8 million VND, demonstrating the enduring appeal of the 160cc engine despite the price barrier.
In contrast to the volatility of its younger siblings, the SH350i remains surprisingly stable. With dealership prices ranging from 152.9 million to 156.5 million VND, the price gap for this model is only about 4 million VND. This can be considered a “bargain” in terms of value for engine displacement, but the A2 license requirement and bulky size make the SH350i a more exclusive choice.
Despite the relatively high prices compared to the market average, the intrinsic appeal of the Honda SH line cannot be denied. Its design exudes European luxury, the upright riding posture enhances the rider’s stature, and its strong resale value are reasons why Vietnamese consumers are willing to pay the price difference.
In terms of performance, the new-generation eSP+ engine continues to prove its efficiency with impressive fuel economy and smooth urban commuting. Safety features such as dual-channel ABS, HSTC traction control (on 160i/350i models), and Smart Key smart locking system help maintain its dominance in the premium scooter segment. For those planning to purchase a scooter, November 2025 is a critical time; balancing the desire for early Tet celebrations with waiting for market stabilization requires careful consideration.
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