Honda is rolling over its low auto loan rate incentives in August and is also continuing its no money due at signing lease incentives for another month.
Honda’s August auto loan incentives include 0.9 or 1.9 percent financing. You’ll generally need a credit score of 720 or higher to get these rates. The 2010 Honda CR-V, Element, Odyssey and Pilot are available for 1.9 percent for 36 months in August.
At 0.9 percent, Honda shoppers can receive an auto loan on the Accord Coupe, Accord Crosstour, Accord Sedan, Civic Coupe, Civic GX, Civic Hybrid, Civic Sedan, Civic Si Coupe, Fit, Insight and Ridgeline. This is a good deal because the length of the auto loan is stretched out to 60 months, which gives you almost-free financing with lower monthly payments.
Honda is continuing its no money due at lease signing incentives in August. This offer is good for 36-month leases on the Accord Crosstour, Accord Sedan, Civic Sedan or Fit. You still have to pay tax, title and fees. Monthly lease payments range from $210 to $410.
The Acura TSX has 0.9 or 1.9 percent financing this month for qualified shoppers and college graduates.
If those lease payments are a little out of your monthly budget’s price range, by putting a few thousand dollars down, your monthly lease payments will be lower. For example, the Honda Accord Sedan with $0 at lease signing is $270 per month. With a down payment of $1,999, you can lease the same car for only $199 per month.
In August, there are also lease incentives on the Honda Accord Crosstour, Accord Sedan, Civic Hybrid, Civic Sedan, CR-V, Fit, Insight, Odyssey and Pilot. You’ll need $1,399 to $3,099 at lease signing. Monthly lease payments range from $149 to $329 for 36 months.
Honda’s luxury brand, Acura, is still offering leases with $0 due at signing in August. The Acura RL, ZDX and MDX can be leased for 36 months with no down payment, no security deposit, no first month’s payment and nothing due at lease signing. You still have to pay tax, title and fees.
No money due at lease signing offers means you’ll have higher monthly payments. For lower lease payments, several thousand dollars down will bring them lower. The Acura RL, ZDX and MDX all have leases incentives like this in August.
College graduates and consumers who qualify can receive 0.9 or 1.9 percent auto loan rates in August, depending on the length of the loan. The Acura RL, TSX, ZDX, MDX and RDX are all included in this offer.
Incentives listed are for the southeast region. They may differ depending on where you live. Check Honda and Acura’s site to find the incentives in your area.