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Honda Announces New Incentives for October

Honda sales are suffering in 2011, down 6.2% compared to last year. September was a particularly challenging month with a drop of 8.2%.

While that is tough news for the automaker, it brings opportunity to new car buyers who have an eye toward Honda.

Honda recently announced an array of new incentives for those who plan to lease or purchase a wide assortment of the company's vehicles.

If you're looking for something small and fuel efficient, you can buy the 2011 Honda Fit with an APR (annual percentage rate) of 0.9% for 24 to 36 months, or 1.9% for up to 60 months.

Or you can get a 36-month lease on a 2012 Civic Sedan LX automatic, paying $179 per month with $2,599 due at signing.

Honda is also offering a trio of 3-year lease deals with no down payment and no payment for the first month:

Model Payment/Term Due at Signing
2012 Honda Crosstour 2WD V-6 $330/35 months $0
2012 Honda Odyssey LX $360/35 months $0
2011 Honda CR-V 2WD LX $270/35 months $0

Other low interest loans are available on the 2011 Accord Coupe, 2011 Accord Sedan, 2011 Accord Crosstour and 2011 Pilot.

These vehicles are all available with 0.9% financing for 24 to 36 months or 1.9% for 37 to 60 months.






3 Steps Every Car Buyer Needs to Take to Save Maximum Money

The key to getting the best deal is to gather price or lease bids from as many local dealers as possible. Then shop that best price around until no one can beat it. Here are the steps:

Step 1 Get Prices From My Trusted Network

Select the vehicle you're interested in to see if there are local dealers in my network who will provide you with their best upfront price. You will get direct access to an internet sales manager who you can further negotiate with online (no need to visit dealership).
Select Vehicle to Get Local Pricing

Step 2 Get Prices From TrueCar / CarsDirect

TrueCar, and CarsDirect are my top 2 online price quote recommendations. These services show you pre-negotiated prices from dealers closest to you - and the deals are usually pretty decent. But remember, you can still negotiate further.

Step 3 Complete my Checklist

Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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About The Author

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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