Honda Incentives and Lease Deals for August 2020
Honda sales have been steady, but Honda has been stubborn with incentives, especially the slow-selling Honda Accord. In response to the economic shutdowns, Honda has introduced loyalty rebates of up to $1,000 for current owners of Honda vehicles.
For August, Honda continues to shun cash-back incentives (which has been the case for almost all of last year as well). With leasing, most models don't have as good a deals as in past months, with the 2020 Honda Pilot having the best bang for the buck.
While their advertised lease deals on many of their models aren't that good on paper, they're still what I would consider "okay" deals - just be sure to negotiate them lower and you should be good to go. I will give Honda credit though for keeping incentives and pricing on their vehicles straightforward compared to other manufacturers.
Here are the best deals available nationwide. (Note: incentives can vary greatly by region; these figures may not be accurate in your local area. Always verify with your local dealers) Tip: Be sure to use TrueCar and RydeShopper (They both have good pre-negotiated prices)
Honda Dealers With the Lowest Prices
Best Honda Lease Deals for August 2020
| Vehicle | Monthly Payment / $0 Down | ||
|---|---|---|---|
| MSRP | Payment | Value | |
| 2020 Honda Pilot | $39,080 | $366 | Excellent |
| 2020 Honda Ridgeline | $43,140 | $421 | Excellent |
| 2020 Honda Passport | $39,530 | $406 | Good |
| 2020 Honda CR-V | $27,770 | $296 | Good |
| 2020 Honda HR-V | $22,040 | $243 | Good |
| 2020 Honda Civic | $21,755 | $243 | Good |
| 2020 Honda Odyssey | $35,910 | $405 | Okay |
| 2020 Honda Fit | $17,945 | $214 | Okay |
| 2020 Honda Accord | $25,225 | $305 | Okay |
| 2020 Honda Insight Hybrid | $25,265 | $320 | Poor |
| 2020 Honda Clarity Plug-in Hybrid | $34,355 | $462 | Poor |
Honda Rebates for August 2020
Honda Dealers With the Lowest Prices
Other Car Incentives for August 2020
- Best Acura Deals
- Best Audi Deals
- Best BMW Deals
- Best Chrysler Deals
- Best Ford Deals
- Best GM Deals
- Best Honda Deals
- Best Hyundai Deals
- Best Infiniti Deals
- Best Jeep Deals
- Best Kia Deals
- Best Lexus Deals
- Best Mazda Deals
- Best Mercedes Benz Deals
- Best Nissan Deals
- Best Toyota Deals
- Best Volkswagen Deals
- Best Volvo Deals
My Recommendation for Car Shoppers
TrueCar and RydeShopper are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.- Gregg Fidan
- Best Rebates, Incentives, and Lease Deals
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About: Gregg Fidan
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
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