2020 Honda Accord Deals and Prices (Purchase Discussion)

kyfdx

This is the Purchase discussion for the 2020 Honda Accord.

All 2020 Accord gas or hybrid models.

Lease questions? Please post here:
https://forums.edmunds.com/discussion/58876/honda/accord/2020-honda-accord-lease-deals-and-prices#latest

Galileo1610

This new thread came just in time. Purchased my car just this afternoon. Here's my pricing data contribution.

• Model Year: 2020
  
• Date Purchased: November 2019
  
• Engine: 1.5T
  
• Trim: EX-L
  
• Transmission: CVT
  
• Price Before Tax Title License (TTL): $27,299
  
• Price Out The Door (OTD): $29,941
  
• Add-ons: Wheel locks included free of charge
  
• Location: Los Angeles, CA
  

kyfdx

Galileo1610 said:

This new thread came just in time. Purchased my car just this afternoon. Here's my pricing data contribution.

• Model Year: 2020
  
• Date Purchased: November 2019
  
• Engine: 1.5T
  
• Trim: EX-L
  
• Transmission: CVT
  
• Price Before Tax Title License (TTL): $27,299
  
• Price Out The Door (OTD): $29,941
  
• Add-ons: Wheel locks included free of charge
  
• Location: Los Angeles, CA
  

What is the MSRP?

Congrats!

Galileo1610

kyfdx said:

Galileo1610 said:

This new thread came just in time. Purchased my car just this afternoon. Here's my pricing data contribution.

• Model Year: 2020
  
• Date Purchased: November 2019
  
• Engine: 1.5T
  
• Trim: EX-L
  
• Transmission: CVT
  
• Price Before Tax Title License (TTL): $27,299
  
• Price Out The Door (OTD): $29,941
  
• Add-ons: Wheel locks included free of charge
  
• Location: Los Angeles, CA
  

What is the MSRP?

Congrats!

Thanks! The MSRP for the 2020 Accord EX-L 1.5T is $31,200, including manufacturer destination fee.

kyfdx

Galileo1610 said:

kyfdx said:

Galileo1610 said:

This new thread came just in time. Purchased my car just this afternoon. Here's my pricing data contribution.

• Model Year: 2020
  
• Date Purchased: November 2019
  
• Engine: 1.5T
  
• Trim: EX-L
  
• Transmission: CVT
  
• Price Before Tax Title License (TTL): $27,299
  
• Price Out The Door (OTD): $29,941
  
• Add-ons: Wheel locks included free of charge
  
• Location: Los Angeles, CA
  

What is the MSRP?

Congrats!

Thanks! The MSRP for the 2020 Accord EX-L 1.5T is $31,200, including manufacturer destination fee.

Looks like a great deal

ybmch111

Hi,

Thanks to the others for posting their deals and info for the 2019 and 2020 Accords. Originally wanted a 2019 EX, but the colors I wanted were hard to find so ended up going for a 2020 EX. After many emails, this is the deal we got:

Model Year: 2020
Date Purchased: December 8, 2019
Engine: 1.5T
Trim: EX
Transmission: CVT
Price Before Tax Title License (TTL): 24,693.31
Doc processing fee: $85
Sales Tax (Los Angeles, CA): $2353.94
Electronic Vehicle Registration MVSC: $30
Total Cash Price: $27162.25
Vehicle license fee: $161.00
Registration, Transfer, Title fee: $148
California Tire Fee: $8.75
Smog Abatement Fee: $20
Total Price Paid Out The Door (OTD): 27,500
Add-ons: none
Location: S. California

ybmch111

MSRP on the 2020 EX was $28,700. We also realized that we probably could have gotten a better deal if we waited until the end of December but were getting tired and thought this wasn't a bad deal for a 2020 EX. Thanks again for everyone's help.

Michaell

ybmch111 said:

Hi,

Thanks to the others for posting their deals and info for the 2019 and 2020 Accords. Originally wanted a 2019 EX, but the colors I wanted were hard to find so ended up going for a 2020 EX. After many emails, this is the deal we got:

Model Year: 2020
Date Purchased: December 8, 2019
Engine: 1.5T
Trim: EX
Transmission: CVT
Price Before Tax Title License (TTL): 24,693.31
Doc processing fee: $85
Sales Tax (Los Angeles, CA): $2353.94
Electronic Vehicle Registration MVSC: $30
Total Cash Price: $27162.25
Vehicle license fee: $161.00
Registration, Transfer, Title fee: $148
California Tire Fee: $8.75
Smog Abatement Fee: $20
Total Price Paid Out The Door (OTD): 27,500
Add-ons: none
Location: S. California

Congrats!

Thanks for the report.

blarf

ybmch111 said:

Hi,

Thanks to the others for posting their deals and info for the 2019 and 2020 Accords. Originally wanted a 2019 EX, but the colors I wanted were hard to find so ended up going for a 2020 EX. After many emails, this is the deal we got:

Model Year: 2020
Date Purchased: December 8, 2019
Engine: 1.5T
Trim: EX
Transmission: CVT
Price Before Tax Title License (TTL): 24,693.31
Doc processing fee: $85
Sales Tax (Los Angeles, CA): $2353.94
Electronic Vehicle Registration MVSC: $30
Total Cash Price: $27162.25
Vehicle license fee: $161.00
Registration, Transfer, Title fee: $148
California Tire Fee: $8.75
Smog Abatement Fee: $20
Total Price Paid Out The Door (OTD): 27,500
Add-ons: none
Location: S. California

If it is OK to ask publicly, What dealership was it?
If not, could you PM me the dealership name?

kyfdx

blarf said:

ybmch111 said:

Hi,

Thanks to the others for posting their deals and info for the 2019 and 2020 Accords. Originally wanted a 2019 EX, but the colors I wanted were hard to find so ended up going for a 2020 EX. After many emails, this is the deal we got:

Model Year: 2020
Date Purchased: December 8, 2019
Engine: 1.5T
Trim: EX
Transmission: CVT
Price Before Tax Title License (TTL): 24,693.31
Doc processing fee: $85
Sales Tax (Los Angeles, CA): $2353.94
Electronic Vehicle Registration MVSC: $30
Total Cash Price: $27162.25
Vehicle license fee: $161.00
Registration, Transfer, Title fee: $148
California Tire Fee: $8.75
Smog Abatement Fee: $20
Total Price Paid Out The Door (OTD): 27,500
Add-ons: none
Location: S. California

If it is OK to ask publicly, What dealership was it?
If not, could you PM me the dealership name?

Dealerships can be named.. No contact info, though, please

hockeyes

Hi all,

Thanks for taking the time to evaluate this deal.

Model Year: 2020

Date Purchased: Hopefully before january

Engine: 2.0

Trim: HYBRID Touring

Transmission: CVT (

Price Before Tax Title License (TTL): $36070

Price Out The Door (OTD): $36928

To me, this seems quite high, but its the lowest OTD price i have recieved from nearby dealers. I suppose i could expand my search.

Quick question: I live in TN. If i buy the car in KY, will the dealer collect all the taxes or do i withhold until i go to register the car and pay then? i'm afraid a dealer will scam me by giving a lower OTD price and then when i get to my county clerk, i'll still owe more taxes.

Any thoughts would be appreciated.

kyfdx

hockeyes said:

Hi all,

Thanks for taking the time to evaluate this deal.

Model Year: 2020

Date Purchased: Hopefully before january

Engine: 2.0

Trim: HYBRID Touring

Transmission: CVT (

Price Before Tax Title License (TTL): $36070

Price Out The Door (OTD): $36928

To me, this seems quite high, but its the lowest OTD price i have recieved from nearby dealers. I suppose i could expand my search.

Quick question: I live in TN. If i buy the car in KY, will the dealer collect all the taxes or do i withhold until i go to register the car and pay then? i'm afraid a dealer will scam me by giving a lower OTD price and then when i get to my county clerk, i'll still owe more taxes.

Any thoughts would be appreciated.

What is the MSRP?

Are you paying cash of financing?

You have to get the details on any offer. You can't assume an OTD price includes tax, without asking.

hockeyes

MSRP was 36,235

Yes, 36928 included tax tags and fees.

Thanks for your thoughts

kyfdx

hockeyes said:

MSRP was 36,235

Yes, 36928 included tax tags and fees.

Thanks for your thoughts

$165 discount from MSRP doesn't seem very good.

Maybe you have a typo?
Hard to see how the OTD price you gave above includes tax, given it is less than $1000 over the sale price.

Rao_Dallas

What is OTD price is considered a Good Deal for Accord EX-L during this time of the year (Dec 2019).

Rao_Dallas

What OTD price is considered a Good Deal for Accord EX-L during this time of the year (Dec 2019) in Texas region Zip 75081.
Please let me know as I have an offer of 28,600 OTD

shoefly12

Rao_Dallas said:

What OTD price is considered a Good Deal for Accord EX-L during this time of the year (Dec 2019).
Please let me know as I have an offer of 28,600 OTD

That seems like a great deal to me, considering Edmunds suggested price is $28,007 with out taxes and fees.

hockeyes

Okay, after reaching out to even more dealers I have an offer for Honda Accord hybrid touring for 33800, out the door, including all fees and taxes. How does this sound? Should I jump on it?

hockeyes

Any thoughts gang?

jellydoboy

Interested in a 2020 accord hybrid ex-l. Any suggestions on what a good price under msrp would be in NJ area?

brian125

jellydoboy said:

Interested in a 2020 accord hybrid ex-l. Any suggestions on what a good price under msrp would be in NJ area?

@jellydoboy

Eliminate the pricing guesswork in NJ . Do your own research .. Here is how. Dealers that wont negotiate online, by phone remove off your list move onto the next dealer.

I would email / call 15 closet NJ dealers Internet mangers / dept , ask each dealers mgr. IF you buy/ lease vehicle by end of this month or day of call... would dealership sell @500 below models invoice price for a immediate sale. Its a... Yes or No answer.... Or at worst a counter offer to your buying price.

Try these NJ dealerships in addition to yours

DCH Academy / Kay,Paramus , Garden state, Auto-sport, Clinton , Route23, Mahwah for starters

Good luck

mentalcase

So my previous vehicle was totaled and I'm in the market for an Accord. I got my first quote today.

I plan on calling around to the plethora of dealers in my area, but how does this look for a start.

Model Year: 2020
Date Quoted: 2/6/2020
Engine:2.0T
Trim: Sport
Transmission: 10AT
MSRP: $32,315 after $955 Destination
Discount: $5,182
Price Before Tax Title License (TTL): $27,133
Doc processing fee: $699
Sales Tax : $1,844
DMV Fee: $401
Total Price Paid Out The Door (OTD): $30,090
Location: Central, NJ

manutd

Just closed on a
- 2020 Accord Hybrid
- Touring
- MSRP was $36,245 + 955 delivery so total of $37,205
- Dealer had advertised price of $33,218, which appears to be invoice disregarding delivery
- Price before TTL was $31,978, so $5,227 off MSRP and $1,240 below "invoice"
- New Orleans area but dealer was about 100 miles away.

A few 2019 Hybrid Touring were around but could not get a price that reflected the extra year.

Note: also received trade-in very close to my request for 2017 Accord Hybrid EX-L so happy overall with the deal.

Dealer drove down and swapped new car for trade-in. Very nice transaction.

Michaell

manutd said:

Just closed on a
- 2020 Accord Hybrid
- Touring
- MSRP was $36,245 + 955 delivery so total of $37,205
- Dealer had advertised price of $33,218, which appears to be invoice disregarding delivery
- Price before TTL was $31,978, so $5,227 off MSRP and $1,240 below "invoice"
- New Orleans area but dealer was about 100 miles away.

A few 2019 Hybrid Touring were around but could not get a price that reflected the extra year.

Note: also received trade-in very close to my request for 2017 Accord Hybrid EX-L so happy overall with the deal.

Dealer drove down and swapped new car for trade-in. Very nice transaction.

Congrats!

Thanks for the report.

manutd

Note: also received trade-in very close to my request for 2017 Accord Hybrid EX-L so happy overall with the deal.

FOLLOWUP:
Just noticed that the car we traded in showed up on dealer website
Trade in was 20,500 (2017 Accord Hybrid EX-L with 10,000 miles)
Price is 23,800
Interesting...

californiatony

Hi.

looking to close on a 2020 Accord 1.5 Sport

MSRP: 27785
Discount: 4238
Price Before Tax Title License (TTL): 23547
Trade In value: 15950
Pay-off amount for trade in: 16625
Doc processing fee: 85
Sales Tax : 1715
DMV Fee: 297
Total Price Paid Out The Door (OTD): 26434
Location: 95825

I will be leasing - 36/mo 12k miles.
Zero down, zero drive off. First month, tag/registration paid for by dealer.

$315/mo

Thoughts?

kyfdx

californiatony said:

Hi.

looking to close on a 2020 Accord 1.5 Sport

MSRP: 27785
Discount: 4238
Price Before Tax Title License (TTL): 23547
Trade In value: 15950
Pay-off amount for trade in: 16625
Doc processing fee: 85
Sales Tax : 1715
DMV Fee: 297
Total Price Paid Out The Door (OTD): 26434
Location: 95825

I will be leasing - 36/mo 12k miles.
Zero down, zero drive off. First month, tag/registration paid for by dealer.

$315/mo

Thoughts?

$295/mo without the negative equity.

Looks pretty good.

Michaell

californiatony said:

Hi.

looking to close on a 2020 Accord 1.5 Sport

MSRP: 27785
Discount: 4238
Price Before Tax Title License (TTL): 23547
Trade In value: 15950
Pay-off amount for trade in: 16625
Doc processing fee: 85
Sales Tax : 1715
DMV Fee: 297
Total Price Paid Out The Door (OTD): 26434
Location: 95825

I will be leasing - 36/mo 12k miles.
Zero down, zero drive off. First month, tag/registration paid for by dealer.

$315/mo

Thoughts?

$675 negative equity and $0 out of pocket?

This looks good.

californiatony

Michaell said:

californiatony said:

Hi.

looking to close on a 2020 Accord 1.5 Sport

MSRP: 27785
Discount: 4238
Price Before Tax Title License (TTL): 23547
Trade In value: 15950
Pay-off amount for trade in: 16625
Doc processing fee: 85
Sales Tax : 1715
DMV Fee: 297
Total Price Paid Out The Door (OTD): 26434
Location: 95825

I will be leasing - 36/mo 12k miles.
Zero down, zero drive off. First month, tag/registration paid for by dealer.

$315/mo

Thoughts?

$675 negative equity and $0 out of pocket?

This looks good.

Awesome! thanks guys

californiatony

kyfdx said:

californiatony said:

Hi.

looking to close on a 2020 Accord 1.5 Sport

MSRP: 27785
Discount: 4238
Price Before Tax Title License (TTL): 23547
Trade In value: 15950
Pay-off amount for trade in: 16625
Doc processing fee: 85
Sales Tax : 1715
DMV Fee: 297
Total Price Paid Out The Door (OTD): 26434
Location: 95825

I will be leasing - 36/mo 12k miles.
Zero down, zero drive off. First month, tag/registration paid for by dealer.

$315/mo

Thoughts?

$295/mo without the negative equity.

Looks pretty good.

Sweet. Thanks for the reassurance.

Cdubs

Hi everyone, I'm in TN looking to purchase a new 2020 Accord Hybrid EX. The MSRP listed on several local dealer websites is $30,475. What would be an ideal OTD target price be to shoot for? Cash pay, or finance about half of it. Thank you!

kyfdx

Cdubs said:

Hi everyone, I'm in TN looking to purchase a new 2020 Accord Hybrid EX. The MSRP listed on several local dealer websites is $30,475. What would be an ideal OTD target price be to shoot for? Cash pay, or finance about half of it. Thank you!

While waiting for an answer, check out Edmunds price research tools:
https://www.edmunds.com/new-cars/

picktownoh

Looking to buy 2020 Honda Accord Hybrid EX-L. In process of getting quotes. Best quote so far is MSRP $32,975 Price $27,248 after Loyalty reward of $750 OTD $29,387 including tax $1,856, doc $249, title $34 Central Ohio
Thoughts?

Cdubs

Best quote I've gotten in TN for Accord 2020 Hybrid EX is:
27,500 - market value selling price
699 - Doc fee
~2100 - Taxes
125.50- non tax fees (lol)
30,431.69 OTD

MSRP of 30,475

heartgod

Looking at negotiating on a 2020 Honda Accord Hybrid EX for my F-I-L.
MSRP $30475, Invoice is $27995. No trade in, and no added options needed. Will either finance (his credit score is above 800) or pay cash.
We live in Florida- so dealer fees are steep- anywhere from $700-900. Tax is 6.5%, license and registration about $350.
How much below invoice is a reasonable offer, especially with the Coronavirus pandemic (I would try to negotiate everything on line, including delivery if a local dealership will play the game)?

Cdubs

@Heartgod ,

I'm right in the exact boat as you, 2020 Hybrid Accord EX (except in TN)--so curious to see what you can get. I've received 3-4 quotes and the "best" offer they give me is around $31,000. I feel like the target price based on my actual best out the door offer of $30,431, would be $29,000-$29,500 based on what's going on and how likely their traffic has slowed.

Please update after you pull the trigger with sale details!

Surfhcobum89

I’m in the market for 2020 Honda Accord hybrid touring . I’m in the Dallas-Fort Worth texas area . What are some realistic numbers I should be aiming for ? Thank you in advance

AsianME

I'm in a market for 2020 Honda Accord EX in Chicago Suburb Illinois. What are some numbers do you guys think I should aim for? KBB says 24800 and true car says 26000. Seeing how much other people paid for their ex, I am hoping to pay 26500 Out the Door for 2020 Honda Accord Ex. Does this number seem realistic.

kyfdx

AsianME said:

I'm in a market for 2020 Honda Accord EX in Chicago Suburb Illinois. What are some numbers do you guys think I should aim for? KBB says 24800 and true car says 26000. Seeing how much other people paid for their ex, I am hoping to pay 26500 Out the Door for 2020 Honda Accord Ex. Does this number seem realistic.

We don't track pricing.

Edmunds price tools are here:
https://www.edmunds.com/new-cars/

And, of course, read previous posts in this discussion.

AsianME

kyfdx said:

AsianME said:

I'm in a market for 2020 Honda Accord EX in Chicago Suburb Illinois. What are some numbers do you guys think I should aim for? KBB says 24800 and true car says 26000. Seeing how much other people paid for their ex, I am hoping to pay 26500 Out the Door for 2020 Honda Accord Ex. Does this number seem realistic.

We don't track pricing.

Edmunds price tools are here:
https://www.edmunds.com/new-cars/

And, of course, read previous posts in this discussion.

I was asking for what other people have paid because EX models were from back in November or December or 2019. So I was wondering if anyone have bought it recently.
And I am still shopping around.
The quote I got, excluding tax, fees, and licensing was 24,438.
The MSRP is 28875. I think I can go down more on price since this is the second dealer I contacted.
I have not even try to contact dealership saying if they can offer better deal then what I got.

heartgod

Although I didn't purchase, I did get a True Car certificate price from Gwinnett Place Honda for a 2020 EX 1.5 T- MSRP $28875, sales price $23875 (no this is NOT a typo), Dealer fee $749. They had a whole bunch of useless add ons that I would have refused. OTD price (if registered in my home state of Florida) was right around $26500.

hithereitstim

Could I get some advice on this quote for a 2020 2.0T Sport? I'm located in the DFW area. Should I be looking for something better? Thanks for any help!

Model Year: 2020

Date Purchased: Hopefully before May

Engine: 2.0

Trim: Sport

Transmission: 10AT

MSRP: $32,315 including destination

Sale Price: $27,777

Fees: $180

Price Out The Door (OTD): $29,979.49

hithereitstim

hithereitstim said:

Could I get some advice on this quote for a 2020 2.0T Sport? I'm located in the DFW area. Should I be looking for something better? Thanks for any help!

Model Year: 2020

Date Purchased: Hopefully before May

Engine: 2.0

Trim: Sport

Transmission: 10AT

MSRP: $32,315 including destination

Sale Price: $27,777

Fees: $180

Price Out The Door (OTD): $29,979.49

Just got another offer from a different dealership to beat the OTD by $200.

Thoughts?

Michaell

hithereitstim said:

hithereitstim said:

Could I get some advice on this quote for a 2020 2.0T Sport? I'm located in the DFW area. Should I be looking for something better? Thanks for any help!

Model Year: 2020

Date Purchased: Hopefully before May

Engine: 2.0

Trim: Sport

Transmission: 10AT

MSRP: $32,315 including destination

Sale Price: $27,777

Fees: $180

Price Out The Door (OTD): $29,979.49

Just got another offer from a different dealership to beat the OTD by $200.

Thoughts?

@jipster - can you share your recent quote in this thread?

wancheny

Hi.

looking to close on a 2020 Accord 1.5 Sport

Location 98109

MSRP: 27785

OTD: 27800 with Lifetime Powertrain Warranty

Is this a reasonable price? (I tried 3 dealers, 1 doesn't match this price, the other 2 will only lower the price by 100 at one time, any thoughts? )

Thanks!

Michaell

wancheny said:

Hi.

looking to close on a 2020 Accord 1.5 Sport

Location 98109

MSRP: 27785

OTD: 27800 with Lifetime Powertrain Warranty

Is this a reasonable price? (I tried 3 dealers, 1 doesn't match this price, the other 2 will only lower the price by 100 at one time, any thoughts? )

Thanks!

While waiting for responses, you can check here:
https://www.edmunds.com/new-cars/

hondaowner14

Looking for a 2020 accord touring hybrid or reg. Any dealer incentives? Customer cash or Honda $500 cents out there?

Saw one post of $31978? Any others?

Thanks for your help!

kyfdx

hondaowner14 said:

Looking for a 2020 accord touring hybrid or reg. Any dealer incentives? Customer cash or Honda $500 cents out there?

Saw one post of $31978? Any others?

Thanks for your help!

3.9% APR financing up to 60 months

$500 Honda-to-dealer incentive on Gas model, only

jipster

Michaell said:

hithereitstim said:

hithereitstim said:

Could I get some advice on this quote for a 2020 2.0T Sport? I'm located in the DFW area. Should I be looking for something better? Thanks for any help!

Model Year: 2020

Date Purchased: Hopefully before May

Engine: 2.0

Trim: Sport

Transmission: 10AT

MSRP: $32,315 including destination

Sale Price: $27,777

Fees: $180

Price Out The Door (OTD): $29,979.49

Just got another offer from a different dealership to beat the OTD by $200.

Thoughts?

@jipster - can you share your recent quote in this thread?

Yes..It's been a couple of weeks, but my offer of $29,000 out the door for a 2020 Accord EX Hybrid was not accepted. The dealership (Honda World) stood firm at $29,850.OTD.

I did test drive the 2020 1.5 EX, the 1.5 LX, the 2.0 EX and the 1.5 EX-L

I did make an offer, that was accepted, on a lunar silver 2020 Accord EX-L. Now this was a certified preowned car. It was titled in January of 2020. Listed as a "Courtesy Car". The car only had 1,239 miles.

Dealer sticker price with add ons: $31,995
Dealer internet price. .... ... $28,650
Dealer discounted to .. . ..: ... $26, 650

I negotiated a $28,300 out the door price.
The dealership broke that down as follows:
Selling price of car: $26,090
Dealer fee: $599
Sales tax: $1,565.43
Incidentals: xxx

Put $4,000 down. Financed thru Honda. 2.99% at 5 years.

I did buy a 9 year/150,000 miles bumper to bumper extended warranty thru Honda Care. Finance manager offered at $1,900. I negotiated to $1,600. I have 60 days to cancel, but that money would be put towards the balance of loan. So, it would be paid off earlier. Any opinions on my extended warranty or it's price? Any other questions, feel free to ask/tag me.

denden530

Please advise or recommend Honda Dealerships in the Sacramento, CA region including the Bay Area.I am ready to purchase a 2020 Accord Sport 2.0T, how much should be the the acceptable price quote range. Thanks in advanced.

kyfdx

denden530 said:

Please advise or recommend Honda Dealerships in the Sacramento, CA region including the Bay Area.I am ready to purchase a 2020 Accord Sport 2.0T, how much should be the the acceptable price quote range. Thanks in advanced.

Edmunds price tools are here:
https://www.edmunds.com/new-cars/