Japan today becomes the first market to get Honda’s redesigned, second generation Fit.

The model those outside of America will know as the Jazz and meet and greet in 2008, kicks off locally in 1.3- and 1.5-liter form, with stickers spanning the equivalent of $10,183 - $15,186.

That’s at exchange rate of ¥117.5 to the greenback but certainly for all its re-engineering, bigger size, improved performance, emissions etc, the new Japanese Fit looks a great deal in its homeland.

Honda’s been careful to go with a base 1.3-liter engine with basically unchanged price, while at the top end, the Fit’s now some $1787 more costly. But worth it, surely, and a new and deadly rival for the Yaris, Versa, and friends.