Best Honda Deals & Lease Offers: May 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.

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, Senior Pricing Analyst - May 3, 2018

May specials from Honda continue mostly unchanged. Those looking for affordability may appreciate a $10 price cut on the Fit hatchback to just $149/month. However, there's an upgrade worth knowing about.

Because it's eligible for better discounts, the Fit Sport actually has the same lease cost as the entry-level LX. That's pretty impressive considering there's normally a $1,310 difference in MSRP.

Last month, Honda cut lease prices on the redesigned Accord by up to $1,100. Offers start at $249/month for the LX with 1.5-liter turbo. That's not cheap, but it's a nice improvement.

CR-V buyers should be aware of a rare $259/month lease, the first advertised promo we've seen to date. Alternatively, Honda is offering 1.9% APR for up to 36 months. But there's a catch.

Both deals are only available on the entry-level LX. If you're considering an EX or higher trim, you're pretty much out of luck when it comes to specials.

Offers listed here are available nationally and expire July 5, 2018. We'll update this page in the event offers change prior to the Memorial Day holiday.

Honda Incentives & Lease Deals This Month

Model Best Lease Deal Best Finance Offer Best Cashback Incentive Details
Honda Fit
Honda Fit
Lease from $149/month Finance from 0.9%/60 months $500 College Grad/ $500 Military Learn More »
Honda Civic
Honda Civic
Lease from $189/month Finance from 0.9%/36 months $500 College Grad/ Military Learn More »
Honda HR-V
Honda HR-V
Lease from $189/month Finance from 0.9%/36 months $500 College Grad/ Military Learn More »
Honda Accord
Lease from $249/month Finance from 1.9%/36 months $500 College Grad/ Military Learn More »
Honda Pilot
Honda Pilot
Lease from $289/month Finance from 0.9%/60 months + $500 Bonus $500 College Grad/ Military Learn More »

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