Honda Announces New Incentives for October

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:

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.