{"id":122362,"date":"2023-12-14T18:19:34","date_gmt":"2023-12-14T18:19:34","guid":{"rendered":"https:\/\/cottontailsonline.com\/?p=122362"},"modified":"2023-12-14T18:19:34","modified_gmt":"2023-12-14T18:19:34","slug":"honda-will-lease-you-a-10-year-old-car-because-new-cars-are-too-expensive","status":"publish","type":"post","link":"https:\/\/cottontailsonline.com\/auto-news\/honda-will-lease-you-a-10-year-old-car-because-new-cars-are-too-expensive\/","title":{"rendered":"Honda Will Lease You A 10-Year-Old Car Because New Cars Are Too Expensive"},"content":{"rendered":"<p>Honda today announced changes to its Certified Pre-Owned (CPO) leasing program. Specific details weren&#8217;t provided, aside from the automaker stating more choices and flexible costs are now available and targeted at younger, first-time buyers. Honda&#8217;s upmarket Acura group announced similar changes, but the news reminds us that both brands have lease programs for cars up to 10 years old. Wait, <em>what?<\/em><\/p>\n<p>Announced last year, HondaTrue Used and AcuraPrecision Used open up leasing options for CPO vehicles up to 10 years old with no limit on mileage. That means you could lease a 2014 Accord that, according to Kelley Blue Book, currently has a value of around $13,000 in excellent condition with an average of 120,000 miles on the odometer. Depending on the finance terms, that&#8217;s a car you could <em>buy<\/em> for around $250 a month on a four-year loan with a minimal ($1,000) down payment.<\/p>\n<p>But Honda&#8217;s lease program includes a warranty, even for 10-year-old cars. The automaker states such vehicles get 100 days and 5,000 miles worth of coverage for the whole enchilada, powertrain and non-powertrain. The lease deal also includes one free oil change, roadside assistance during the warranty period, and a three-month subscription for Sirius Radio. And for the record, Acura has the same deal. Forget the Accord\u00a0\u2013 you could lease a 2014 TSX with a KBB value of $12,000.<\/p>\n<p>&#8220;HondaTrue Used is a critical new gateway to the Honda brand, especially for young and first-time buyers,&#8221; said Dan Rodriguez, Honda&#8217;s manager of auto remarketing. &#8220;Customers can now shop for a high-quality certified used Honda on our website, and buy with confidence from the most knowledgeable and experienced source \u2013 a Honda dealer.&#8221;<\/p>\n<p>For those not interested in leasing a 10-year-old Honda, the company&#8217;s updated options apply to certified pre-owned vehicle going back to 2018.<\/p>\n<p>Source: <a href=\"https:\/\/www.motor1.com\/news\/700872\/honda-lease-10-year-old-car\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Honda today announced changes to its Certified Pre-Owned (CPO) leasing program. Specific details weren&#8217;t provided, aside from the automaker stating more choices and flexible costs are now available and targeted<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Honda Will Lease You A 10-Year-Old Car Because New Cars Are Too Expensive - cottontailsonline.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cottontailsonline.com\/auto-news\/honda-will-lease-you-a-10-year-old-car-because-new-cars-are-too-expensive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Honda Will Lease You A 10-Year-Old Car Because New Cars Are Too Expensive - cottontailsonline.com\" \/>\n<meta property=\"og:description\" content=\"Honda today announced changes to its Certified Pre-Owned (CPO) leasing program. 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