Latest news with #CarsDirect
The Drive
3 days ago
- Automotive
- The Drive
$16,500 Off Honda Prologue Makes It Even Cheaper to Lease Than HR-V
The latest car news, reviews, and features. A CarsDirect report calling out over $16,000 in discounts on the 2025 Honda Prologue EV caught our eye this morning. Under the right conditions, a Prologue can now be leased for even less money than an HR-V. Looks like you really can grab a great price on one of these; let's run through the details to see how realistic these deals are. The biggest deal-stack combo you can theoretically create on this vehicle would add up to $16,500 off, combining: A $7,500 federal EV tax credit Another $2,500 credit if you're in a ZEV-incentive state (we'll list those in a second) A $1,000 conquest or loyalty bonus (if you've got an '09 or newer Honda or are switching out of certain rival vehicles, which we'll also circle back to) A $3,500 bonus from Honda (nationwide) And finally, another $2,000 discount that Honda reportedly just authorized its dealers to make to move these units If you're buying, and have great credit and a big down payment, 2025 Honda Prologues are financing at 0.99% APR through Honda. The automaker's consumer site lists an example deal of a 10% down payment, with 60 months financing, at $17.09 per month per $1,000 financed. As of this writing, if you can find a 2024 model that's still on the lot, you can get 0% APR with a big enough down payment. The 2024 model looks the same, but the new 2025 Prologue claims slightly improved specs: 'For 2025, Prologue's top-class EPA range rating increases by 12 miles on a single charge to 308 miles, and the output ratings of single-motor two-wheel drive models increase to 220 horsepower (+8) and 243 lb.-ft. of torque (+7). Similarly, the EPA range ratings of Prologues equipped with AWD increase to 294 miles for the EX and Touring (+13), and 283 miles for the Elite (+10). Power and torque ratings in AWD models rise to 300 horsepower (+12) and 355 lb.-ft. of torque (+25),' Honda announced this year. To me, the lease deals seem more attractive. You can drive a 2025 Prologue EX for $259 per month for 36 months after $3,999 due at signing with a decent 10,000-mile yearly allowance. CarsDirect notes that the compact Honda HR-V SUV can only be had for $289 at best, with $3,299 due at signing. It's worth noting that leased EVs are still eligible for the $7,500 credit, but it goes to the finance company itself. In most cases, the savings are passed on to the customer through a reduction in monthly payments. Still, that lease deal is dependent on getting out of a new-ish Honda or rival vehicle. Honda's official list of what qualifies for a loyalty or conquest bonus or deal is a 2009 or newer 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. As for the geographic limitations on Honda's best bargains, the company is only offering its advertised Prologue deals in 19 states and Washington, DC. Specifically, that's 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, with their own EV rebates, are simply states that have adopted California's Clean Air Act standards. Right now, that's Colorado, Connecticut, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Rhode Island, Vermont, and Washington. The nation's capital, Washington, DC, is also on that list, as well as, of course, CA itself. New-car buying or leasing math is annoyingly opaque, and ultimately, your own out-the-door price is going to depend on many factors, including what kind of mood the salesperson you encounter is in when you meet them. And don't forget that car MSRPs never list tax, title, and registration costs, or baloney like documentation fees and nitrogen tire-filling fees dealers are often inclined to stick you with. However, if you live in one of the states mentioned, you should have a lot of leverage at a Honda store to get a deal on a Prologue right now. And if you're aggressively price-shopping, don't forget to take your best Prologue deal to a Chevy place to compare it to the price of a Blazer EV, which shares the same platform and should provide a very similar ownership experience. Got any EV leasing tips? Drop us a line at tips@
Miami Herald
6 days ago
- Automotive
- Miami Herald
Huge Rebates Mean 30% Off MSRP For This EV
Affordability has always been a strong point of the Nissan Leaf, but Nissan is bringing prices to a more attractive place than ever before. With decent in-car technology like Apple CarPlay and a surprisingly spacious interior, there's a lot to love about the Nissan Leaf - even if it isn't the latest and greatest EV on sale today. As originally reported by CarsDirect, Nissan is heavily incentivizing the 2025 Nissan Leaf EV. The rebates are extremely compelling, whether you're in it short-term or long-term, but financing will see the most substantial savings. Customers in any US market can shave 30% off the car's original MSRP thanks to $7,500 in Customer Cash. Alternatively, those who choose to finance can also opt for 0.0% APR, even with a term of 72 months. West Coast shoppers will also be eligible for a further $1,500 in savings if they're loyal Nissan customers already. That all adds up to $9,000 in savings, over 30% of the car's $28,140 start price. Nissan isn't leaving lease customers out to dry, either. Those who lease will enjoy up to $3,475 in rebates, which represents a still impressive 12% of the car's MSRP. What does that mean for you, a prospective Nissan Leaf lessee? It means a very attractive monthly payment on traditional 36-month/10,000-mile leases. Shoppers in the southern Florida, Midwest, and greater Los Angeles regions can take home a 2025 Nissan Leaf for $289/month with $2,239 due at signing and the full $3,475 manufacturer rebate. Manhattan - arguably where the Leaf makes the most sense - and greater NYC area shoppers enjoy even more savings. With $2,249 due at signing your monthly payment will be an eye-popping $269. Remember, none of these figures account for local tax, title, or license fees. Check your local pricing here: Related: I Test Drove the 2025 Nissan Murano: It Redefines Expectations While the Nissan Leaf is perfectly acceptable transportation, there are some reasons for Nissan's aggressive rebates. For one, the current model is being phased out. A new model is on the way, and although we don't have a specific time frame, it's likely to arrive sometime next year. The Leaf's range is far from class-leading at just 212 miles. All of that is arguably easy to overlook for some shoppers. What's less forgivable is the archaic charging technology the Leaf relies on. That's right: the Leaf is one of just two cars on sale today that still rely on CHAdeMo charging. The other is the Mitsubishi Outlander PHEV. Similar to the Leaf itself, CHAdeMo charge stations have been phased out in lieu of the more popular CCS ports. That means charging your Leaf may not always be the easiest endeavor if you can't charge at home. We won't sugarcoat it - even with the tremendous savings available to shoppers, the Nissan Leaf won't work for every customer. But if you don't need a ton of range and have access to a CHAdeMo charger, there are no better options on the market. Especially when there's this much savings on the line. There aren't any cars like the Leaf on sale today. And that's part of the reason you won't find any other car with these kinds of rebates. Related: The Race for US Trade: Nissan's Anxiety Grows as South Korea Gains Edge *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
19-05-2025
- Automotive
- Yahoo
Hyundai Drops Ioniq 5 N Lease Price By $200 Per Month
If you've been waiting for a good reason to finally put one of the coolest new cars on sale today in your driveway? Then gird your loins, because thanks to its inflating resale value, Hyundai dropped the lease price of the 2025 Ioniq 5 N by $200 per month. According to a Cars Direct analysis, this inflated resale value of the fastest vehicle ever produced by the brand, Hyundai distributed a dealer incentive bulletin that announced the significant price decrease. Now, leasing an Ioniq 5 N costs $699 per month for 36 months with $3,999 due at signing, which when you spread that down payment across the entire 36-month period equates to an effective cost of $810 per month. While that price is not necessarily what many people would consider cheap, it ends up being a $7,200 savings over the course of the whole lease period. After 36 months, you'll end up paying a total of $29,163 before taxes and fees instead of the $36,363 you would've paid with the old deal. Unfortunately there are no new deals if you're looking to purchase a 2025 Ioniq 5 N outright, so you're likely to pay the manufacturer suggested retail price of $67,475 including $1,375 destination. Read more: Every 2025 Formula 1 Livery, Ranked From Worst To Best When we drove the 2025 Hyundai Ioniq 5 N, we said it was so fun to drive that you won't even care that its 641 horsepower aren't created by the titillating sensation that's created when dinosaur juice explodes, aka internal combustion. Normally, die hard drivers aren't particularly excited by electric vehicles and their historically less dramatic driving experience, but the Ioniq 5 N is not quite like any other EVs in history. Its designers put significant effort not only into creating a very powerful EV that's exciting in a straight line, but one that's truly enjoyable and engaging to drive around turns, too. It has nifty touches like an array of simulated engine noises and simulated shifts like an internal combustion-powered car, and lives up to Hyundai's claim of being a "corner rascal". Should you decide to buy an Ioniq 5 N rather than lease it, you won't benefit from any new discounts. Financing rates remain at 4.99% for up to 60 months and 5.99% for up to 72 months, and it's not offered with any rebates as of now. If you're looking for a good deal on a badass EV that looks cool and drives hot, you might want to take advantage of the lease discount on the Hyundai Ioniq 5 N. Want more like this? Join the Jalopnik newsletter to get the latest auto news sent straight to your inbox... Read the original article on Jalopnik.
Yahoo
16-05-2025
- Automotive
- Yahoo
Kia offers a killer lease deal on EV6 GT with up to $20,000 in rebates
Kia's sleek EV6 comes in a few different flavors, but the performance-focused EV6 GT is arguably the most intriguing to enthusiasts. Now, with serious manufacturer backed rebates, you can save up to $20,000 on remaining 2024 model year EV6 GTs. The offer almost entirely offsets the $21,000 delta between the base model and the range-topping GT, meaning now's the time if you're looking to score an EV6 GT on the (relative) cheap. View the 2 images of this gallery on the original article As originally reported by CarsDirect,a new dealer bulletin indicates savings of up to $20,000 when leasing a 2024 Kia EV6 GT. The largest savings is only available when you select a 24-month lease, and mileage restrictions aren't mentioned, but we're thinking they're low. For what it's worth, Kia's lowest mileage lease is 10,000 miles per year. Thankfully, you still have options outside the restrictive two-year term, as those who opt to lease for 36 months will still enjoy $18,500 off. This isn't the first time we've seen substantial savings on Kia's flagship performance EV6, either. Back in February, when 2025 model year cars were first beginning to hit dealer lots, Kia offered a similar $19,050 lease cash offer. What's most surprising is that the Korean automaker is also running competitive lease cash promotions for the current model year EV6 GT. Customers can enjoy $12,500 in lease cash when they choose a 24-month lease. Those opting for more traditional 36-month terms can get $10,000 off, which is still a pretty decent chunk of change on a car that costs just a couple grand over $60,000. Notably, the 2025 model gets a few tweaks that might make it more enticing, despite the diminished savings. For one, it makes up to 641 horsepower in Launch Mode, up 65 ponies from the 2024 a refresher on the Kia EV6 GT? It's based on the same platform that underpins the enthusiast's EV of choice, the Hyundai Ioniq 5N, and the 2024 model makes 576 horsepower and 545 pound-feet of torque. All-wheel drive comes standard, contributing to the car's lightning-quick performance figures. Instrumented testing over at Road and Track revealed that zero to 60 mph takes just 3.2 seconds. The EV6 GT completed the quarter mile in 11.4 seconds at 120 mph, which isn't bad for a car that weighs over 4,800 pounds. The EPA claims the car will get 218 miles of range on a full charge. As of this writing, there are 28 2024 Kia EV6 GT examples sitting on lots in the US, according to Autotrader. We reckon there's a few more than that floating around, but we wouldn't say there's a surplus. As long as you can overcome the somewhat middling range, the 2024 Kia EV6 GT is an excellent choice for enthusiasts looking to go electric. The value is even better when you consider the $20,000 on the hood. Besides, if you don't like it, you give it back in two years. Talk about a no-brainer.
The Drive
05-05-2025
- Automotive
- The Drive
You Can Buy a New Toyota for $25,000 Off—If You Can Live With It
Toyota is evidently having a difficult time selling the hydrogen-electric Mirai. It's an innovative car, and it looks much better than the last-generation model, but hydrogen remains light-years away from merging into the mainstream. The brand is consequently offering a huge rebate on the 2025 Mirai, which received a handful of small changes, but the savings are once again aimed at a very specific set of buyers. While the rebate offered on the 2025 Mirai isn't as attractive as the ones that were available on the 2024 model, there's still a lot of money to be saved. Documents sent by Toyota to its dealers and spotted by website CarsDirect detail $25,000 in Financing Subvention Cash that buyers can claim when they finance a 2025 Mirai. And, financing the car is a no-brainer: Toyota offers 0% APR for 72 months. You can't claim the $25,000 rebate if you lease a Mirai, but Toyota unlocks $7,500 in lease cash in a bid to make such a niche car more attractive. Pricing for the 2025 Mirai starts at $52,930 including destination for the XLE model, which is the only trim level left now that the more upscale Limited variant is out of the picture. Factor in the $25,000 rebate, and you can put a new Mirai in your driveway for $27,930. That's a hell of a deal; you'll spend more on a new Forester, even if you settle for the base model. That's even cheaper than a new Nissan Leaf. Or, to put it another way, the amount of money you save if you claim the Financing Subvention Cash can buy you a brand-new Corolla hatchback. Like some great sweepstakes, terms and conditions apply. The offer is valid from May 1 to June 2, according to CarsDirect , and it's only available to buyers in California. Of course, the biggest catch is that you need to live with a Mirai. It's comfortable, it's well-built, and it's stylish, but refueling it is easier said than done. There are 53 public hydrogen refueling stations scattered across the United States, and all but one are located in California (the other is in Hawaii). That's potentially not very problematic if you live in, say, Los Angeles and want a car to commute in. It's spectacularly problematic if you live in, say, Los Angeles, and want to spend a long weekend in Moab, Utah. We also don't recommend trying to make your own hydrogen. Got tips? Send 'em to tips@
