Best Honda Deals & Lease Offers: August 2018

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.

Follow On: Google+ | Website

, Senior Pricing Analyst - August 1, 2018

Special offers from Honda continue mostly unchanged in August. The most significant change is a $10 cut in lease payment and $200 lower amount due at signing on the 2018 Odyssey. You can now lease one from $359/month.

Budget-conscious shoppers should be aware that special loan rates have ended on the 2018 Fit and HR-V. That includes last month's cheap lease on the Fit Sport starting at just $149/month. Expect deals on the 2019 models to emerge soon.

As before, Accords are eligible for unadvertised dealer cash incentives worth up to $1,000, but only on the EX-L with Navigation (Both 1.5T & 2.0T), 1.5T Touring and 2.0T EX-L. All styles are also eligible for 1.9% financing for 36 months.

Offers listed here are available nationally and expire September 4, 2018. No major changes are expected for the Labor Day holiday on September 3.

Honda Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive
Honda Civic
Honda Civic
Lease from $189/month Finance from 0.9%/36 months $500 College Grad/Military
Honda HR-V
Honda HR-V
Lease from $189/month Finance from 0.9%/36 months $500 College Grad/Military
Honda Accord
Lease from $249/month Finance from 1.9%/36 months $500 College Grad/Military
Honda Pilot
Honda Pilot
Lease from $289/month Finance from 0.9%/60 months + $500 Bonus $500 College Grad/Military
Honda Odyssey
Lease from $359/month Finance from 0.9%/36 months $500 College Grad/Military

See the full Honda lineup »

Tips on Honda Financing, Lease Specials and Rebate Offers

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 said, tactics like 0% financing are almost never available. This is in contrast to brands like Ford and Toyota that have been delving deeper into 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.

If you're a recent college grad, be sure to ask about the Honda Graduate Program. It offers an extra $500 that can be combined with most other incentives. The catch is that you'll have to finance or lease through Honda Financial.

, 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