Best Honda Deals & Lease Offers In January

By

Automotive Analyst

Kelly Campbell is a SoCal native with a background in marketing, communications, and technical writing. Having spent her entire career in the automotive industry, Kelly brings a wealth of knowledge and enthusiasm for cars to her role as an Automotive Analyst at CarsDirect.

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, Automotive Analyst - January 7, 2020

Incentives remain fairly steady from last month into the new year. Although Honda announced minor price increases for 2020, leases remain affordable. They continue to start at just $179/month for the 2019 Fit LX with CVT. However, for just $10 more a month, the 2019 Civic LX Sedan is also a great value for the price.

Unadvertised incentives remain aggressive. With no signs of 2020 Ridgelines hitting dealer lots yet, buyers still have time to take advantage of the additional dealer cash on select trims, which can translate to $4,000 in potential savings. Meanwhile, the 2020 Pilot is now eligible for up to $1,200 in dealer cash on all trims, which can be combined with promotional finance rates.

Offers listed here are scheduled to end March 2, 2020 and are available nationally unless noted otherwise.

Top Honda Lease Deals & Incentives

Model Best Lease Deal Best Finance Deal Best Cash Incentive
Honda Fit
Honda Fit
Lease from $179/month (2019 Fit) 1.9% APR for 36 months (2019 Fit) Up to $500 Dealer Cash (2019 Fit)
Honda Civic
Honda Civic
Lease from $189/month (2019 Civic) 1.9% APR for 36 months (2019 Civic) Up to $750 Dealer Cash (2019 Civic)
Honda Accord
Lease from $249/month (2020 Accord) 1.9% APR for 36 months (2019 Accord) Up to $750 Dealer Cash (2019 Accord)
Honda CR-V
Honda CR-V
Lease from $249/month (2019 CR-V) 1.9% APR for 36 months + Up to $1,250 Dealer Cash (2019 CR-V) Up to $1,250 Dealer Cash (2019 CR-V)
Honda Pilot
Lease from $299/month (2020 Pilot) 1.9% APR for 36 months + Up to $1,200 Dealer Cash (2020 Pilot) Up to $1,200 Dealer Cash (2020 Pilot)

Explore the full Honda lineup »

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Insider Tips For Honda Shoppers

Honda is one of the few major brands to not offer rebates on most of its vehicles. That said, the automaker does use unadvertised dealer cash incentives to help discount certain models. For example, SUVs like the Honda Pilot tend to offer some great chances to save, especially when it comes to leasing.

Declining sales have also resulted in good deals on sedans. For example, Honda Accord lease prices have been very aggressive in terms of low-interest financing. That said, 0% APR offers are practically unheard-of for Honda, with the best rates bottoming-out at around 0.9% APR.

Thinking of lowering your monthly payment? 72-month loan options are increasingly common, although shoppers may experience a higher overall cost because of differences in interest rates. In contrast, brands like Ford and Hyundai tend to offer 0% financing for up to 72 months plus cash incentives.

Shoppers should be aware that Honda has strict rules for advertising prices below invoice. As a result, you may not see the lowest price without contacting a dealer first. That said, smaller cars and crossovers like the Fit and HR-V are often stocked in fewer numbers and rarely see deep discounts.

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

Looking to buy used vs. new? The Honda Certified Pre-Owned Program offers the added value of a warranty plus special rates as low as 1.99% APR for buying. Offers vary month to month, so check our coverage of the latest CPO deals for the latest info.

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, Automotive Analyst

Kelly Campbell is a SoCal native with a background in marketing, communications, and technical writing. Having spent her entire career in the automotive industry, Kelly brings a wealth of knowledge and enthusiasm for cars to her role as an Automotive Analyst at CarsDirect.

Follow On: Twitter

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