Honda Announces October New Car Incentives

October 1, 2009

honda-deals-october As usual, Honda is offering some good new car deals for October, including a few excellent lease deals on selected models and styles.

In typical Honda fashion, there are no direct customer rebates. However there are hidden factory-to-dealer rebates on most models and styles — and low-interest loans. These rebates can, and usually are, passed along to buying and leasing customers in the form of price discounts. However the rebates cannot be combined with low-interest loan deals.

Following are some examples of current Honda deals. These are for 2009 models and the deals end on November 2, 2009.

Honda Accord – $1500 dealer rebate or 1.9% APR loan for 24/36 months, or 2.9% for 60 months. For the Accord LX sedan model, a special lease deal is available – $209 a month, 36 months, 12K mileage allowance, and $2799 due at signing. The $2799 includes first month’s payment, a down payment (cap cost reduction), and a bank fee, all of which are common for any car lease. The lease price includes the $1500 dealer rebate.

Honda CRV – $500 dealer rebate. No low-interest loans. A special lease rate is available for the CRV LX model – $239 a month, $2499 due at signing.

Honda Civic – $750 factory-to-dealer rebate. Low interest loans: 1.9% APR for 24/36 months and 2.9% for 60 months. A special lease deal is available for the LX sedan model – $199 a month, $1999 due at signing, and includes the $750 factory-to-dealer rebate.

Honda Element and Fit – Low-APR loans for recent college graduates.

Honda Odyssey – $1250 factory-to-dealer rebate or 2.9% APR loan for 24/60 months

2010 Honda Odyssey LX - Special lease deal: $299 a month, $2999 due at signing.

2010 Honda Insight LX - Special lease deal: $199 a month, $2799 due at signing.

Honda Pilot – $1250 dealer rebate or 2.9% APR for 24/60 months.

Honda Ridgeline – $1500 dealer rebate or 2.9% APR for 24/60 months.

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