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Honda Offering Zero Down Lease Deals

December 23, 2010

Honda Lease DealsHonda is currently offering no customer cash-back incentives during its holiday sales event. So how do they call it a sale?

Hidden dealer incentives are the key!

Note that dealer incentives are for dealers only, but often you can squeeze the manufacture subsidy out of your dealer.

Most of the deals are lease deals. For December's campaign, Honda offers "$0 down payment, $0 security deposit, $0 first month's payment, $0 due at lease signing" on some models.

For instance, you can lease a higher-end 2010 Accord Crosstour for $320 a month with no down payment.

For those who want to finance, Honda is offering 0.9%-2.9 % interest-rate deals for 60 months on most of its lineup. Most of these deals end Jan. 4.

Lease Deals (includes $0 down payment, $0 first month's payment, $0 due at signing)

  • 2010 Accord Crosstour (EX V-6): $320 for 36 months
  • 2010 Fit (base with five-speed automatic): $190 a for 36 months
  • 2010 Insight (LX): $210 for 36 months
  • 2011 Odyssey (LX): $360 for 36 months
  • 2011 Pilot (LX): $380 for 36 months

    Special Lease Deals

  • 2010 Accord Crosstour (EX V-6): $249 for 36 months, $2,959 due at signing
  • 2010 Fit (base with five-speed automatic): $139 for 36 months, $1,999 due at signing
  • 2010 Insight (LX): $169 for 36 months, $1,699 due at signing
  • 2010 Odyssey (LX): $319 for 36 months, $1,999 due at signing
  • 2011 Pilot (LX): $299 for 36 months, $2,999 due at signing

    Hidden Dealer Incentives:

  • 2010 Fit: $500
  • 2010 Civic: $1,000
  • 2010 Accord Crosstour: $1,200
  • 2010 Odyssey: $750
  • 2010 CR-V: $500

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    My Recommendation for Car Shoppers

    TrueCar, RydeShopper, and CarsDirect 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

    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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