Tag: Honda Prologue

  • 2025 Honda Prologue: 0.99% APR Financing Until July 7

    2025 Honda Prologue: 0.99% APR Financing Until July 7

    Key Takeaways

    1. The 2025 Honda Prologue offers a special 0.99% APR financing rate for terms of 24 to 60 months until July 7.
    2. Buyers can benefit from a $7,500 federal tax credit and potential state incentives for purchasing the Prologue.
    3. The Prologue starts at $47,400, delivers up to 300 hp, and has an estimated driving range of 308 miles.
    4. Key features include a Bose Premium audio system, customized climate control, wireless phone charging, and 25 cu ft of cargo space.
    5. The 2024 Honda Prologue is also available with 0% APR financing for up to six years.

    The Honda special deal of 0.99% APR financing remains active for the 2025 Prologue, helping buyers save on one of the top-rated electric SUVs currently available.

    Financing Details

    This 0.99% APR rate is offered for terms ranging from 24 to 60 months for those with approved credit until July 7, so interested customers have just a limited time to decide. Honda clarifies that the required down payment can differ, as pricing is determined by participating dealers, despite financing being through Honda Financial Services.

    Tax Credits and Incentives

    The 2025 Honda Prologue qualifies for the $7,500 federal tax credit, adding to the savings. Additional incentives might be accessible for buyers residing in states with Zero Emissions Vehicle laws.

    Performance and Features

    The Prologue has a starting price of $47,400 in the US, providing up to 300 hp and an estimated driving range of 308 miles according to the EPA. Honda claims that a quick 10-minute DC charging session can extend the battery range by 65 miles.

    Available trims for the EV include EX, Touring, and Elite. It boasts impressive features such as a Bose Premium audio system, customized climate control, and wireless phone charging. The cargo space measures 25 cu ft, which also includes a power outlet for tools or devices.

    Financing Options for 2024 Model

    Additionally, the 2024 Honda Prologue continues to be an option for financing with 0% APR for as long as six years.

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  • Cybertruck and Honda Prologue Gain Popularity as EV Lease Prices Fall

    Cybertruck and Honda Prologue Gain Popularity as EV Lease Prices Fall

    Thanks to the 16,692 sales of the Cybertruck in the third quarter, Tesla now holds the top three spots in the list of the most loved electric vehicles in America.

    Competition in the EV Market

    In fourth place is the Ford Mustang Mach-E, with 13,392 units sold. Meanwhile, a surprising newcomer has entered the top five: the Honda Prologue, which has successfully sold 12,644 electric SUVs. This shift in the rankings highlights the growing diversity and competition in the EV market.

    Affordable Leasing Options

    A contributing factor to the Prologue’s success might be its attractive lease options starting at $289 per month. Currently, leasing has become the favored method for purchasing an electric vehicle in the U.S., making up 80% of the market, a notable rise from just 16% at the start of this year. Moreover, as new EV prices have dropped, the average monthly lease payment has plummeted from $950 to $582, making EVs more accessible to a wider audience.

    Changes in Used EV Pricing

    The inventory of second-hand EVs is also on the rise at dealerships, prompting sellers to reduce prices by 25%. As a result, the average price of a used EV has now dipped below that of a traditional gas-powered car.

    Despite these trends, the pricy $100,000 Cybertruck has secured its position as the third best-selling EV in the United States during the last quarter. With Tesla already launching a more affordable version that is not part of the Foundation Series, it is expected to maintain its ranking in Q4.

    Tesla’s Popular Models

    The Model Y and Model 3, which are the top-selling and second-best-selling electric cars in America, are likely to stay at the forefront as Tesla has rolled out attractive 0% APR financing and zero down payment offers for these models.

    Sources: WSJ, KBB (PDF)

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