Honda, Acura Bring Back No Money Due at Lease Signing Incentives in July

Honda has lowered its auto loan rates in July by dropping the 2.9 percent offer it had last month. July shoppers who qualify (credit score of 720 or higher) can receive car loan rates of 1.9 percent for 36 months on the CR-V, Element, Odyssey and Pilot.

An even better auto loan rate incentive of 0.9 percent is available in July on the Accord Coupe, Accord Crosstour, Accord Sedan, Civic Coupe, Civic GX, Civic Hybrid, Civic Sedan, Civic Si Coupe, Fit, Insight and Ridgeline. What makes this 0.9 percent financing offer even better is that the length of the auto loan is stretched out to 60 months. This means that not only will you save money on the financing, but your monthly payments will be much lower.

Honda brought back its no money due at lease signing incentive in July. You can lease an Accord Crosstour, Accord Sedan, Civic Sedan or Fit for 36 months with $0 due at signing. You still have to pay tax, title and fees.

Honda Accord

In July, shoppers can lease a Honda Accord sedan for $270 a month for 36 months with no money due at signing.

The 2010 Honda Clearance also features lease deals on the CR-V, Insight, Odyssey and Pilot this month. You’ll need $1,999 to $2,999 at lease signing. Monthly lease payments range from $179 to $309 for 36 months.

Shoppers who prefer Honda’s luxury brand, Acura, can take advantage of leases with $0 due at signing in July. The Acura TSX, ZDX and MDX can be leased for 36 months with no down payment, no security deposit, no first month’s payment and nothing due at lease signing. You still have to pay tax, title and fees.

Be aware though that no money due at lease signing offers equal higher monthly lease payments. If you prefer to have lower monthly lease payments, paying a few thousand dollars at lease signing will reduce your monthly payments. The Acura RL, TSX, ZDX, MDX and RDX all have leases offers like this in July.

College graduates and anyone else who qualifies can take advantage of 0.9 or 1.9 percent auto loan rates this month, depending on the length of the loan. The Acura RL, TL, TSX, ZDX, MDX and RDX are all included in this offer.

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