Honda · Motorbike · made in India

Honda Navi

Petrol1 versions since 2017

SRI valuation from$2,250NAVI

Units 20261,618Jan–Sep 2026+35.1% vs Jan–Sep 2025

Annual tax from$11.25on the lowest valuation

Total since 20177,800last registered Sep 2026

Current versions1with sales in 6 months

SRI valuation: the value SRI assigns to each version to charge the vehicle tax. It is not the dealer’s price, which may include accessories, discounts or different VAT.

01Versions and valuations

Current versions (with sales in the last 6 months) first. The valuation is the most common one among local purchases; direct imports have their own valuation and are counted apart.

Version (as SRI writes it)		A year ago		Annual tax
NAVI PetrolModel year 2027 · Sep 2026	$2,250	$2,250 Sep 2025	1,618	$11.25

02Annual tax

The national vehicle ownership tax on a new vehicle, by month of purchase. How it is worked out.

Version Month of purchase For hire (taxi, transport)

Due at registration

$3.75

A reference, not an assessment: the amount due is the one SRI shows at registration. Table from art. 5 of the Ley de Reforma Tributaria; the share by months follows Decree 352 (2010).

03Valuation history

SRI valuation of each current version

month by month · dollars

Each version’s most common value; it moves in steps with each model year or SRI update.

Show the values

Month	NAVI
Sep 2026	$2,250
Aug 2026	$2,250
Jul 2026	$2,250
Jun 2026	$2,250
May 2026	$2,250
Apr 2026	$2,250
Mar 2026	$2,250
Feb 2026	$2,250
Jan 2026	$2,250
Dec 2025	$2,250
Nov 2025	$2,250
Oct 2025	$2,250
Sep 2025	$2,250
Aug 2025	$2,250
Jul 2025	$2,250
Jun 2025	$2,250
May 2025	$2,250
Apr 2025	$2,250
Mar 2025	$2,250
Feb 2025	$2,250
Jan 2025	$2,250
Dec 2024	$2,250
Nov 2024	$2,250
Oct 2024	$2,250
Sep 2024	$2,250
Aug 2024	$2,250
Jul 2024	$2,250
Jun 2024	$2,250
May 2024	$2,250
Apr 2024	$2,250
Mar 2024	$2,250
Feb 2024	$2,250
Jan 2024	$2,250
Dec 2023	$2,250
Nov 2023	$2,250
Oct 2023	$2,250
Sep 2023	$2,250
Aug 2023	$2,250
Jul 2023	$2,250
Jun 2023	$2,250
May 2023	$2,250
Apr 2023	$2,250
Mar 2023	$2,250
Feb 2023	$2,046
Jan 2023	$2,046
Dec 2022	$2,558
Nov 2022	$2,558
Oct 2022	$2,558
Sep 2022	$2,558
Aug 2022	$2,558
Jul 2022	$2,558
Jun 2022	$2,558
May 2022	$2,558
Apr 2022	$2,558
Mar 2022	$2,558
Feb 2022	$2,558
Jan 2022	$1,760
Dec 2021	$2,200
Nov 2021	$2,200
Oct 2021	$2,200

04Sales

Units by month

36 months to Sep 2026

Show the values

Month	Units
Sep 2026	189
Aug 2026	170
Jul 2026	181
Jun 2026	196
May 2026	198
Apr 2026	131
Mar 2026	219
Feb 2026	121
Jan 2026	213
Dec 2025	80
Nov 2025	207
Oct 2025	179
Sep 2025	237
Aug 2025	145
Jul 2025	150
Jun 2025	146
May 2025	114
Apr 2025	123
Mar 2025	85
Feb 2025	97
Jan 2025	101
Dec 2024	87
Nov 2024	109
Oct 2024	25
Sep 2024	73
Aug 2024	39
Jul 2024	107
Jun 2024	170
May 2024	38
Apr 2024	132
Mar 2024	77
Feb 2024	71
Jan 2024	92
Dec 2023	52
Nov 2023	100
Oct 2023	97

By year

2026: Jan–Sep 2026

Show the values

Year	Units
2017	99
2018	276
2019	585
2020	563
2021	371
2022	637
2023	967
2024	1,020
2025	1,664
2026	1,618

05Where and who

Province of registration

2026

Where it was registered, not where the buyer lives.

El Oro521 32%
Guayas219 14%
Los Ríos217 13%
Santo Domingo de los Tsáchilas106 7%
Azuay101 6%
Pichincha91 6%
Manabí65 4%
Loja53 3%

Who buys

2026

Individuals1,592 98%
Companies26 2%

SRI’s file has no names: only whether the buyer is an individual or a company.

06Rivals by valuation

Motorbike models whose best-selling version is valued within 15% of $2,250 (NAVI), best sellers over 12 months first.

XC115BYamaha · 3,051 in 12 months$2,100 XC115B CT 125Bajaj · 2,785 in 12 months$1,990 CT 125 PulsarBajaj · 2,500 in 12 months$2,549 PULSAR N 125 YB125Yamaha · 2,085 in 12 months$2,160 YB125 ChiefSHM · 2,051 in 12 months$2,422 CHIEF 3.0 DIOHonda · 1,833 in 12 months$2,380 DIO

Compare with the XC115B →