Best Honda Deals & Lease Offers: May 2017

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - May 11, 2017

It's a good time to buy a Honda. Most models now feature 0.9% financing for 60 months, a fairly rare thing for the brand. Even better, the popular Civic is also eligible.

However, Civic deals can vary by region. Although San Francisco gets the above deal, shoppers here in Los Angeles get a slightly higher rate of 1.9%. As before, the national lease on the 2017 Civic LX starts at just $179/month.

On the other hand, the 2017 Accord LX is a great value at just $189/month. Shoppers benefit from a $10 cut in payment compared to last month, making this the cheapest lease to date. Alternatively, well-qualified buyers can finance as low as 1.9% for 72 months.

Sadly, now that last year's model has sold out, there are no specials to speak of on the redesigned 2017 CR-V. The same goes for the Pilot crossover and Ridgeline truck. We almost never see deals on these, so don't hold your breath for one even for Memorial Day.

Current offers expire July 5, 2017. However, Honda is known for releasing updated offers before its expiration dates. Check back for updates as they become available.

This Month's Best Honda Deals

Model Best Lease Deal Best Finance Offer Best Cash Offer Details
Honda Fit
Honda Fit
From $139/mo From 0.9%/60 mos $500 College Grad/ Military Learn More »
Honda Civic
Honda Civic
From $179/mo From 0.9%/60 mos $500 College Grad/ Military Learn More »
Honda HR-V
Honda HR-V
From $179/mo New! From 0.9%/60 mos $500 College Grad/ Military Learn More »
Honda Accord
Honda Accord
From $189/mo New! From 0.9%/60 mos $500 College Grad/ Military Learn More »
Honda Odyssey
Honda Odyssey
From $279/mo New! From 0.9%/60 mos $500 College Grad/ Military Learn More »

See the full Honda lineup »

Inside Tips for Honda Shoppers

Unlike its competitors, Honda almost never offers factory rebates. Instead, the Japanese automaker uses unadvertised dealer cash incentives help discount certain models.

Expect most deals to center on finance and lease incentives. That being said, tactics like 0% financing are almost never seen from Honda. This is a stark contrast to automakers like Ford and Toyota that have been delving deeper into offers like 0% APR for 72 months.

In terms of pricing, Honda discourages its dealers from publicly advertising below invoice price. Because of this, it pays to contact your local dealer for a formal quote. Expect to see the best deals on models like the Accord and CR-V, whereas smaller cars like the Civic and Fit tend to rarely get deep discounts.

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website