In Brazil, the Fit has the same two engines from the Japanese models (All Brazilian Honda cars have engines imported from Japan) and there are three trim levels available. Base model LX features the 1.3 i-DSI engine (which is marketed as 1.4 in Brazil). The second model in the range, the LXL, features the same engine from the LX, but has extra equipment. The top model is the EX, which has essentially the same equipment from the LXL, but comes with the 1.5 VTEC engine. All models are available with the 5-speed manual or the regular CVT automatic. There are neither side airbags nor side curtains available for the Brazilian version. Also, the radio antenna is positioned differently, as it is near the front of the roof. Honda started selling the 2007 model in February 2006 with new bumpers and some cosmetic changes. The reference price is R$52,910 (around US$25,200) for Fit 1.5 EX MT on April 2006.

Alcohol (Ethanol) and gasoline hybrid Fit: Honda Brazil will start the sales in mid December/2006 only for 1.3 i-DSI. 80 hp (60 kW) @ 100% gasoline and 83 hp (62 kW) @ 100% alcohol. It also works with any intermediary mix rate. There is an additional gasoline fuel tank on the right side under the triangle window for "low temperature starts". This ensures a good start on cold days if the main tank has ben filled with alcohol.

The Fit was voted by "Quatro Rodas" magazine as Best Buy in 2005 and 2006, and as the car with happiest buyers in 2004, 2005 and 2006.