April deals have come out for Honda and there is very little change from last month's offers. Since the entire industry is currently suffering from both inventory and semiconductor chip shortages, this makes the consistency and lower prices worth mentioning. Honda is a fair contender for shoppers on a budget, though the industry challenges may make finding the exact model you want difficult.
Pricing for lease deals has remained the same from last month throughout the lineup, though prices did jump $10 last month for most models. One thing to note, however, is that the Pilot has two different lease payments listed, $379 for new customers and $359 for loyalty customers. This is a deal that carries over from the previous month, but it's worth mentioning. Overall, the per month cost remaining steady this month seems like a good sign to us.
Financing is another place where the previous month's offers have carried over. Honda isn't usually one to offer 0% APR, but what the brand is offering is 0.9% APR for 48 months. This deal applies to select models like the HR-V and Pilot, while the rest of the lineup gets 1.9% APR for 48 months. From there, rates go up 1% for each next loan term.
Lastly, Honda isn't offering any standard rebate deals on most models. The exception to this is the Pilot, which has a $1,000 loyalty cash bonus, this can be combined with the $500 lease-to-lease loyalty that all models but the Civic Si have. Also available is a $500 college graduate discount for recent graduates. We recommend that interested consumers speak to their local dealers for any further cash deals.
The offers listed here are scheduled to end on May 2nd and are available nationally unless noted otherwise. This page updates every month, so be sure to check back for new deals.
Model | Best Honda Lease Deal | Best Honda Financing Deal | Best Honda Rebate |
Honda Civic |
Lease from $219/month | 1.9% APR for 48 months | $500 College Grad Discount |
Honda Accord |
Lease from $299/month | 1.9% APR for 48 months | $500 College Grad Discount |
Honda HR-V |
Lease from $209/month | 0.9% APR for 48 months | $500 College Grad Discount |
Honda CR-V |
Lease from $289/month | 1.9% APR for 48 months | $500 College Grad Discount |
Honda Pilot |
Lease from $359/month (Loyalty) | 0.9% APR for 48 months | Up to $1,500 Loyalty Bonus |
Explore the full Honda lineup »
Must-Know Advice For Honda Buyers
No rebates. 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.
No 0% APR. Declining sales have also resulted in good deals on sedans. That said, 0% APR offers are practically unheard-of for Honda, with the best rates bottoming out at around 0.9% APR. However, in an unexpected turn of events, Honda rolled out a 0% APR for the first time back in January 2021, we're unsure when we will see this rate from them again.
Longer loans. Thinking of lowering your monthly payment? 72-month and even 84-month loan options are increasingly common, although shoppers may experience higher interest rates. In contrast, brands like Hyundai tend to offer 0% financing for up to 72 months plus cash incentives.
Getting the lowest price. 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, models like the HR-V are often stocked in fewer numbers and rarely see deep discounts.
Grad 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).
Savings on used cars. 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.