This $229 monthly lease deal is offered in California, New York, New Jersey, Vermont, Virginia, West Virginia, Colorado, Connecticut, Washington, Massachusetts, Maryland, Oregon, Rhode Island, Delaware, Pennsylvania and Washington D.C.
The promotion ends on Jan. 2, 2025.
I don’t like each electrical automobile. In truth, I’m fairly certain the remainder of the InsideEVs crew can be hard-pressed to place their finger on an electrical that I’d explicitly like. Nevertheless, I’m a really value-oriented particular person, and I do know an excellent deal after I see one. I’m not the Honda Prologue’s finest buddy, however at $229 a month, I perceive why so many individuals are signing on the road. That’s a extremely whole lot.
And just lately, Honda has expanded this actually low-cost EV lease deal as soon as solely present in California to extra states.
Based on a report from CarsDirect, Honda’s least expensive lease deal is $229 for 36 months with $1,299 due at signing. This worth assumes the Prologue is $48,795, together with a $1,000 bonus for present Honda (or competing model) lessees. Miles are restricted to 10,000 per 12 months. It is a fairly loopy deal for a nearly-$50,000 automotive.
For those who’re not eligible for the $1,000 money for competing lessees, the value jumps to $259 monthly. Nonetheless, that’s a reasonably robust deal. For a very long time, this particular lease was solely in California, however now it’s making its approach throughout the U.S. and will be present in 17 totally different states, together with, surprisingly, West Virginia.
By comparability, solely a handful of different EVs can match the Prologue’s worth. The similarly-sized VinFast VF8 might beat the Prologue’s worth, however that crossover’s 264-mile vary can’t contact the 291 miles of the Prologue. (And I’ll go forward and enterprise a guess that the VinFast will not provide the similar stage of dependability.) The Toyota BZ4X will be grime low-cost in some areas, however it’s real-world vary and effectivity numbers are downright awful.
On paper, the Prologue is likely one of the finest offers within the enterprise. It’s not arduous to see why it’s been such a comparatively scorching vendor for each Honda and EVs usually. Honda moved 12,644 throughout Q3, with solely the Ford Mustang Mach-E and Tesla Mannequin Y outselling the Prologue.
Nevertheless, even should you’re not in a state that’s aware about the EV lease deal, like myself writing from Ohio, the Prologue’s lease continues to be low-cost. In different the Prologue is being marketed for as little as $259 monthly, with $2,999 due at signing, with the identical mileage allotment because the $229 per-month lease present in different states.
We’ve solely obtained a few month left within the 12 months. Will Honda export its $229-per-month lease to different states? Right here’s hoping it’ll occur earlier than the EV tax credit score is probably phased out below a brand new Trump administration.
Contact the writer: kevin.williams@insideevs.com
