Having also owned a 2010 Insight hybrid that is getting about 43 MPG combined and having good reliability with it, we decided to go on and purchase a 2012 HCH III w/lthr. Its a much more comfortable car with more features than the Insight. Because the car isn't broken in yet (200 on the odometer as of its writing) and frequent cold starts in Ohio, the life time MPG is only about 45 MPG, which is slightly above the EPA estimates but that has required a "feather" pedal with little HVAC. The car does have an EV only mode, which is a first for the Honda IMA system and it rocks! I can get 70 MPG on a run with it! Hopefully once the weather warms, I can break 55+ MPG and get 700 miles on a tank!
The EV only mode; its the first Honda IMA hybrid to get it and every time it engages, it boosts my trip mileage by at least 15 MPG. Heated seats (comes with leather pkg.); that has allowed me to skip HVAC in sub 30 degree weather. The build quality of the interior; all the panels and gaps are tightly finished (the hybrid is made in Japan and it really shows). The i-MID system; gives you all the information you need in a user friendly system. The Bluetooth; easy to use and you can stream music through it. And finally, the mileage. Its only at 45 now but once the car breaks in and the temperature warms, I should be able to get 55 MPG+ with my driving techniques.
Some interior panels are a little cheap but the leather package hides some of that. The price is a little steep but thankfully we were able to get $1500 off the MSRP but since the car is made in Japan, profit margins are limited on it. Other than that, I really have no complaints. Its an awesome car and shows that Honda can make its IMA system work.