Honda Hopes Better Lease Deals Will Help It Sell The Accord CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Honda Hopes Better Lease Deals Will Help It Sell The Accord

Honda Hopes Better Lease Deals Will Help It Sell The Accord

Apr. 13, 2018 11:00 AM ET by Jared Rosenholtz Pricing / 2 Comments Something needs to be done to overcome declining sedan sales. Executives from various automakers are starting to realize a very scary truth: consumers don't love midsize sedans anymore. The entire segment has been called a bloodbath and even established brands like Honda are starting to struggle. Dealerships require help to sell the Accord in the form of heavy incentives from the factory. The issue was so bad, Honda had to temporarily stop production on the Accord. Its seems like Honda now has a strategy to overcome the slow sales in the form of better lease deals. Honda Cars Direct reports national lease price cuts for the Accord by up to $1,100. Before these new lease deals, offers on the Accord have been nearly nonexistent, and the car was more expensive to lease than cars costing up to $9,000 more in MSRP. With these new price cuts in place, a 2018 Accord 1.5T LX can now be leased at $249 per month for 36 months with $2,399 due at signing, a $800 discount, and the effective cost per month has dropped by $22. The higher trim 1.5T EX model get an even bigger price cut of $1,100, and now costs $289 per month for 36 months with $2,699 due at signing. Even the 2.0T Sport is cheaper by $10 per month and the signing amount is $900 cheaper than it was, now $3,099. We recently tested a 2018 1.5T Touring, and enjoyed the driving experience more than similarly priced crossovers. Hopefully these new deals will bring buyers away from crossovers and back to the nice handling sedan. Honda Honda Honda Honda

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Honda Accord Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top