Honda Incentives for November – December

honda_dealsHonda currently has several good deals with its new November-December incentive program.

In addition to its now-traditional excellent special leases on certain models and styles (see Honda Lease Deals), three are also some good low-interest loans (unfortunately no 0% loans however) and a number of healthy factory-to-dealer cash deals. As you might know if you read this website often, factory-to-dealer cash is a “secret” rebate that dealers can use to discount prices. In most cases, the discounts can be combined with low-interest loans, whereas a direct factory-to-customer rebate would not. Furthermore, a price discount is better than a rebate in that sales tax is not due on discounts, but not so for rebates.

Currently, the 2010 Accord and 2010 Civic get special loan rates of 1.9% APR for 24/36 months and 2.9% for 48 months. The 2010 S2000 gets 3.9% APR for 24/36 months and 4.9% for 60 months.

Dealers get factory-to-dealer cash rebates for several 2009 models. As we mentioned, these rebates can, and usually do, end up as customer price discounts. The best deal is for the 2009 Ridgeline with a $3000 factory-to-dealer rebate. The 2009 Accord gets $1500. The Odyssey and Pilot get $1250. The Civic gets $750 and the CRV gets $500.

You can get free dealer price quotes on any of the above vehicles from Edmunds.com. The quotes will automatically include any cash-back rebates or discounts that are currently available.

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