Honda Extends Sign and Drive Leases, Low Car Loan Rates Through February

By Liz Opsitnik
Thursday, Feb 03 2011 11:22

Honda's February new car incentives are mostly identical to what the automaker offered in January. Honda is still offering low car loan rates and sign and drive lease deals on most of its vehicles this month.

Honda is featuring 36-month sign and drive lease deals on nine vehicles in February. The Accord Coupe, Accord Crosstour, Accord Sedan, Civic Sedan, CR-V, Fit, Insight, Odyssey and Pilot are all included in the lease incentive. The first payment is waived under the sign and drive lease incentive. You still have to pay tax, title and fees.

These same vehicles are also available with lower monthly lease payments by putting a few thousand dollars down. For example, the 2011 Honda Accord Sedan LX is $199 a month with $2,399 down. The same car is $270 a month under the sign and drive lease deal.

The 2011 Honda Civic Sedan VP is $190 a month under the sign and drive lease deal in February.

Honda is still offering 0.9 or 1.9 percent car loan rates on most models in February. The 2010 Element and Ridgeline are 1.9 percent for 36 months. The 0.9 percent auto loan rate applies to the Accord Coupe, Accord Crosstour, Accord Sedan, Civic Coupe, Civic Hybrid, Civic Sedan, Civic Si Coupe, Civic Si Sedan, CR-V, Fit, Insight and Pilot. Higher interest rates are available for longer car loan lengths on some models.

Incentives listed are for the southeast region. They may differ depending on where you live. Check Honda's site to find the incentives in your area.

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