Honda $99 Prologue EV lease provide is faux, however it’s nonetheless a loopy deal

An almost $50,000 electrical SUV for simply $99 a month? If that sounds too good to be true, it’s as a result of it sort of is. One Honda vendor is selling a Prologue lease provide for simply $99 for twenty-four months, however you’ll have a tough time getting your arms on one.

Honda Prologue EV listed for lease at simply $99 per thirty days

Honda’s electrical SUV is already some of the widespread EVs within the US. In December, it was the third top-selling electrical automobile trailing solely the Tesla Mannequin Y and Mannequin 3.

For the reason that first fashions hit the streets final March, the Prologue climbed to turn into the seventh best-selling EV in 2024, beating out Chevy’s new Equinox EV and even the Rivian R1S.

Though Honda, like most, is providing beneficiant reductions to clear stock, one vendor is taking it to the acute.

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Buena Park Honda in California is selling a Honda Prologue lease deal for simply $99 for twenty-four months (plus taxes) with a $3,977 down fee. The loopy low provide is for the 2024 Prologue EX FWD with 10,000 miles a 12 months, however there’s a catch.

For one, there’s just one mannequin listed in its stock, and it’s the Elite trim, listed at $51,850 (MSRP of $59,350 minus the $7,500 federal EV tax credit score). Additionally, you will want a trade-in automobile, together with a 2014 or newer Honda or competitor model.

A salesman from the dealership informed on-line auto analysis agency CarsDirect that the EX fashions are out of inventory as a result of they’re “actually exhausting to get your arms on.”

Additionally, if you happen to issue within the down fee and $595 acquisition price, the efficient value is $295 per thirty days. That’s solely barely higher than the official $239 for a 24-month lease provide Honda is selling. With simply $1,499 due at signing, the efficient charge is $301 per thirty days, or simply $6 extra.

Though that is supplied in California and different CARB emissions states, the Prologue is on sale in several areas for simply $209 for twenty-four months. With $2,699 due at signing, the efficient charge continues to be simply $321 per thirty days.

Honda says the Prologue “delivers the identical stage of high quality, reliability, and efficiency” you count on from the model.

Based mostly on GM’s Ultium platform, the electrical SUV has an EPA-estimated vary of as much as 296 miles. Though it shares GM’s tech, Honda fine-tuned the Prologue with an added multi-link entrance and rear suspension to offer it a extra “sporty” drive.

The Prologue has extra inside house, with 111.7 cu ft of passenger quantity, than the Honda CR-V (106 cu ft). It additionally options an 11.3″ touch-screen infotainment system with built-in Google, Apple CarPlay, and Android Auto help, one thing GM has moved away from.

Prepared to seek out offers in your space? Though it will not be $99, these provides are exhausting to go up for an almost $50,000 electrical SUV. Take a look at our hyperlink to seek out offers on the Honda Prologue close to you right now.