Car companies frequently offer special monthly lease deals but Honda does it a little better. They offer their deals in two different flavors — with a down payment and without — which is unique.

Special lease offers from car companies typiclly require a down payment (cap cost reduction), first month’s payment, and possibly a security deposit. It’s only a good deal if you adhere to the rules and make the down payment as required. If you choose not to make a down payment, it’s a different deal and one that is not so good anymore. Honda’s deals are different.

Honda offers special lease deals nearly every month on at least one style with each of it’s model lines. They can do this by reducing the sale price, reducing the finance rate (lease money factor), and boosting the lease-end residual value. All of these things, in combination, make for an attractively low monthly payment. In fact, these deals are much better than a customer could negotiate for himself. The “catch” is that the deals only apply to certain styles and not to all.

Therefore, customers have to decide if they want the style being promoted. To choose another model or style would require a normal, non-promotional lease at normal terms. However, Hondas are one of the most leaseable brands out there — due to high residual (resale) values — and are nearly always good deals when compared to other brands.

Honda uses the term $0-$0-$0-$0 lease for their special zero-down leases. It means customers pay no money at lease signing, no down payment, no first month’s payment, and no security deposit. It’s what other companies might call a sign-and-drive deal. Of course, if you choose to make a down payment and make the first month’s payment, you can reduce your monthly payment amount a bit.

At the time of this writing, Honda has special 36-month lease deals on the following models and styles:

Accord Coupe EX –  $310/month $0 due at signing

Accord Sedan EX –  $260/month $0 due at signing

Civic Sedan LX – $230/month $0 due at signing

Crosstour 2WD EX V6 –  $340/month $0 due at signing

CR-V 2WD LX –  $270/month $0 due at signing

Odyssey LX –  $260/month $0 due at signing

Pilot 2WD LX – $340/month $0 due at signing

All of the above car lease deals have been evaluated as either Excellent or Outstanding by LeaseGuide.com.

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