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Honda to Lease Accord Plug-In Hybrid for $429 Per Month

Is the 2014 Honda Accord Plug-In Hybrid priced to compete with lease deals offered on other readily available plug-in vehicles in the US? The short answer is “no,” but we’ll provide details for you to decide.

On Monday, Honda announced the limited (New York and California only right now) availability of the Accord Plug-In Hybrid. Buried in the press release was Honda’s first mention of a lease deal for the Accord PHEV: $429 per month for 36 months; $2,499 total due at signing; option to purchase at lease end $20,285; must take delivery from dealer stock by March 4, 2013. So, the vital numbers there are $429 per month and $2,499 down.

Toyota is currently offering this nationwide lease special on the Prius Plug-In Hybrid for the rest of January:

“Lease a new 2012 Prius Plug-in for $259 a month for 36 months with $2,399 due at signing, which includes $2,120 down, $259 first month’s payment and $0 security deposit. Lease-end purchase option is $20,480.”


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