Honda Prologue EV Undercuts Civic as Honda’s Least expensive Automotive To Lease
The Honda Civic has at all times been a dependable kind. You may depend on it to be a snug day by day, a track-ready scorching hatch, a cheap commuter, and an affordable purchase. No, wait. Scratch that final one. A Civic remains to be inexpensive, but it surely’s now not the most cost effective Honda to lease. That crown now belongs to the electrical Prologue.
With a vacation weekend come vacation offers, and CarsDirect has dug up some candy lease provides courtesy of Honda. For instance, with $1,999 due at signing, an all-electric 2024 Prologue EX with all-wheel drive (AWD) might be had for $269 a month for 36 months, or an efficient price of $325 earlier than taxes.
Different lease phrases embrace a ten,000-mile annual cap, and lease signings are for residents of California and different California Air Assets Board (CARB) emissions states. Dwell elsewhere, and the worth will go up a smidge. For a similar automobile and down cost, the month-to-month lease price is $329, or $385 with different charges factored in. Nevertheless, the worth can go even additional with a Honda loyalty bonus, which is a thousand bucks for the Prologue. That’ll drop the month-to-month cost by $30, or $85 in efficient price.
How does this evaluate to a automotive half the dimensions and half the MSRP? Effectively, a base Civic LX will set you again $239 a month … however that’s after paying $3,399 at signing. That makes the efficient price $333. After some Widespread Core mathing, which means the Prologue, which has an MSRP of $48,795, is eight bucks cheaper to lease than a $24,250 Civic. OK, so it’s not such as you’re saving a ton of cash, however that’s a free massive boba drink (with further toppings!) each month. No coping with the at all times erratic value of fuel both.
So, how does an EV SUV lease value come all the way down to earth and compete with a small fuel automotive? Coupon stacking, after all! On the Prologue, a number of incentive provides add as much as $13,500 in financial savings. This features a $7,500 EV tax credit score, $5,000 in Captive Lease Money (primarily a lease rebate), and a $1,000 loyalty/conquest purchaser low cost. The conquest bonus applies to lessees who additionally personal a 2014 or newer automobile from an inventory of choose rivals. This isn’t a trade-in supply; only a “Hey, thanks for getting a brand new automotive from us and never them.”
Extra lease financial savings could lie in a Labor Day Seller Money of $750 for 2024 Prologue fashions. The superb print is that it’s an unadvertised manufacturer-to-dealer bonus. Like a coupon printed in invisible ink, sellers don’t need to honor and even acknowledge its existence. Ask, anyway. The reply is at all times no to a query that’s by no means requested, so go forward and ask.
