$16,500 Discount on Honda Prologue Renders It More Affordable to Lease Compared to HR-V

      **Honda**

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      This morning, we noticed a CarsDirect report highlighting over $16,000 in discounts on the 2025 Honda Prologue EV. Under optimal conditions, it's now possible to lease a Prologue for even less than an HR-V. It seems you could indeed snag a fantastic deal; let’s delve into the specifics to evaluate how genuine these offers are.

      The largest possible discount you could theoretically achieve on this vehicle amounts to $16,500, which includes:

      - A $7,500 federal EV tax credit

      - An additional $2,500 credit if you're in a ZEV-incentive state (we’ll list those shortly)

      - A $1,000 conquest or loyalty bonus (if you own a Honda from 2009 or newer or are switching from certain competing vehicles, details to follow)

      - A nationwide $3,500 bonus from Honda

      - Plus, another $2,000 discount that Honda has reportedly authorized its dealers to provide to help sell these models.

      If you're purchasing and have excellent credit along with a significant down payment, 2025 Honda Prologues can be financed at a rate of 0.99% APR through Honda. The manufacturer's consumer site presents an example of a deal with 10% down payment and financing over 60 months, costing $17.09 per month for every $1,000 financed. Currently, if you're able to find a 2024 model still available, you can secure 0% APR with a sufficiently large down payment.

      The exterior of the 2024 model remains unchanged, but the new 2025 Prologue boasts slightly enhanced specifications:

      “For 2025, the Prologue's top-class EPA range rating improves by 12 miles on a single charge to 308 miles, while the output for single-motor two-wheel drive models rises to 220 horsepower (+8) and 243 lb.-ft. of torque (+7). Additionally, EPA range ratings for Prologues with AWD improve to 294 miles for the EX and Touring models (+13) and 283 miles for the Elite model (+10). Power and torque in AWD models increase to 300 horsepower (+12) and 355 lb.-ft. of torque (+25),” Honda announced this year.

      In my opinion, the lease offers appear to be particularly enticing. You can lease a 2025 Prologue EX for $259 per month for 36 months with $3,999 due at signing, including a reasonable 10,000-mile annual allowance. According to CarsDirect, the compact Honda HR-V SUV can only be leased for a minimum of $289, with $3,299 due at signing. It’s essential to note that leased EVs remain eligible for the $7,500 credit, but that amount goes to the financing company. In most instances, the savings are transferred to the customer via reduced monthly payments.

      Nevertheless, that lease offer is contingent upon trading in a recent Honda or a rival vehicle.

      Honda’s official criteria for what qualifies for a loyalty or conquest bonus includes a vehicle from 2009 or newer manufactured by Honda, Buick, Chevrolet, Chrysler, Dodge, Fiat, Fisker, Ford, GMC, Hyundai, Jeep, Kia, Mazda, Mini, Mitsubishi, Nissan, Polestar, RAM, Rivian, Scion, Subaru, Tesla, Toyota, VinFast, or Volkswagen.

      Regarding the geographic limitations for Honda’s best offers, the company currently promotes its Prologue deals in 19 states plus Washington, DC. This includes California, Colorado, Connecticut, Delaware, Florida, Massachusetts, Maryland, Maine, New Hampshire, New Jersey, New Mexico, New York, Oregon, Pennsylvania, Rhode Island, Virginia, Vermont, Washington, and West Virginia.

      The ZEV states mentioned earlier, which offer their own EV rebates, are those that have adopted California's Clean Air Act standards. Currently, these states are Colorado, Connecticut, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Rhode Island, Vermont, and Washington. The District of Columbia is also included, along with California itself.

      The calculations involved in buying or leasing a new car can be frustratingly complex, and ultimately, your final out-the-door price will rely on numerous factors, including the demeanor of the salesperson you encounter. Additionally, remember that car MSRPs do not account for taxes, title, and registration fees, or unnecessary charges like documentation fees and nitrogen tire-filling expenses that dealers often impose.

      However, if you reside in one of the aforementioned states, you should have considerable negotiating power at a Honda dealership to secure a deal on a Prologue right now. And if you're shopping around for the best price, be sure to bring your best Prologue offer to a Chevy dealer to compare it with the price of a Blazer EV, which shares a similar platform and should offer