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Honda Incentives and Lease Deals for August 2020

August 2020 Honda Incentives

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

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Best Honda Lease Deals for August 2020

Vehicle Monthly Payment / $0 Down
MSRP Payment Value
2020 Honda Pilot$39,080$366Excellent
2020 Honda Ridgeline$43,140$421Excellent
2020 Honda Passport$39,530$406Good
2020 Honda CR-V$27,770$296Good
2020 Honda HR-V$22,040$243Good
2020 Honda Civic$21,755$243Good
2020 Honda Odyssey$35,910$405Okay
2020 Honda Fit$17,945$214Okay
2020 Honda Accord$25,225$305Okay
2020 Honda Insight Hybrid$25,265$320Poor
2020 Honda Clarity Plug-in Hybrid$34,355$462Poor

Honda Rebates for August 2020

Honda does not offer rebates this month

Honda Dealers With the Lowest Prices

Use the free TrueCar service to get highly discounted prices and lease offers from local Dealers.

Other Car Incentives for August 2020

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

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Gregg Fidan

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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