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2019 Honda Clarity Lease Deals and Prices

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    WUBBALUBBAWUBBALUBBA Member Posts: 3
    Right, the dealer discounts the 7500 because the title remains in their name, as a lease.

    So, hypothetically (correct me if wrong):
    Discount off msrp should be 7500 + 6000?
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    kyfdxkyfdx Moderator Posts: 237,422

    Right, the dealer discounts the 7500 because the title remains in their name, as a lease.

    So, hypothetically (correct me if wrong):
    Discount off msrp should be 7500 + 6000?

    The bank owns the car. They buy it from the dealer.

    The dealer gets $6000 from Honda.. They have no part of the $7500 tax credit.

    Your discount is whatever you can negotiate, knowing the dealer is getting the $6000.

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    WUBBALUBBAWUBBALUBBA Member Posts: 3
    That’s actually not true, the dealer will discount 7500 because the credit applies to the title owner of the car. I have had 3 dealers try to say they cant discount the tax credit, but when pressed, on the basis of title holding, they revert their stance.
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    kyfdxkyfdx Moderator Posts: 237,422

    That’s actually not true, the dealer will discount 7500 because the credit applies to the title owner of the car. I have had 3 dealers try to say they cant discount the tax credit, but when pressed, on the basis of title holding, they revert their stance.

    The dealer does not own the car on a lease, and they never get a tax credit. Once you lease the car, they no longer have an interest in it.

    On a lease, Honda Finance buys the car from the dealer, and receives the tax credit.

    No matter how your dealers have framed the situation, that is the way it works.

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    TimCharlotteTimCharlotte Member Posts: 79
    2019 Clarity Touring Please. 36/12 28031
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    kyfdxkyfdx Moderator Posts: 237,422

    2019 Clarity Touring Please. 36/12 28031

    There is no lease support for the Clarity, outside of CA/OR.

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    ilchilch Member Posts: 1
    Just bought a Clarity Touring. Couldn't get the $7500 applied to the lease. MSRP $37,152 minus $6K incentive $31,152 + tax and license = ~$34K with Fed tax credit = $27K. With $1500 CA credit $25,500. I'm surprised that Honda allows the $6K credit for a buy. This car for $25K is a steal.
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    MichaellMichaell Moderator Posts: 241,401
    ilch said:

    Just bought a Clarity Touring. Couldn't get the $7500 applied to the lease. MSRP $37,152 minus $6K incentive $31,152 + tax and license = ~$34K with Fed tax credit = $27K. With $1500 CA credit $25,500. I'm surprised that Honda allows the $6K credit for a buy. This car for $25K is a steal.

    Congrats!

    Thanks for reporting in.

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    sirmovesalotsirmovesalot Member Posts: 42
    edited July 2019
    Just picked up a new Clarity plugin Touring 2019 --in CA

    MSRP 37,520
    Purchase price $29,990
    Dealer discount : 1530
    Honda discount : 6000
    Freebie: wheel locks $185 msrp
    Federal tax incentive not factored in: 7500

    +Taxes and $85 CA doc fee
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    MichaellMichaell Moderator Posts: 241,401

    Just picked up a new Clarity plugin Touring 2019 --in CA

    MSRP 37,520
    Purchase price $29,990
    Dealer discount : 1530
    Honda discount : 6000
    Freebie: wheel locks $185 msrp
    Federal tax incentive not factored in: 7500

    +Taxes and $85 CA doc fee

    Congrats!

    Thanks for sharing your deal.

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    CyrilCyril Member Posts: 7
    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?
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    MichaellMichaell Moderator Posts: 241,401
    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    What trim?
    What term and mileage?

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    kyfdxkyfdx Moderator Posts: 237,422
    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    Correct... only CA and OR have lease incentives for the Clarity.

    I wouldn't bother attempting to lease the Clarity, in any other state.

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    CyrilCyril Member Posts: 7
    kyfdx said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    Correct... only CA and OR have lease incentives for the Clarity.

    I wouldn't bother attempting to lease the Clarity, in any other state.
    I see, even the Federal and State incentives for leasing the Clarity isn't it given back to the consumer as lease cash?
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    kyfdxkyfdx Moderator Posts: 237,422
    Cyril said:

    kyfdx said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    Correct... only CA and OR have lease incentives for the Clarity.

    I wouldn't bother attempting to lease the Clarity, in any other state.
    I see, even the Federal and State incentives for leasing the Clarity isn't it given back to the consumer as lease cash?
    I don't know about your state incentives...

    But, if you lease, you don't get the Federal incentive, and it doesn't look like Honda is rebating any of it, either.

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    CyrilCyril Member Posts: 7
    Michaell said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    What trim?
    What term and mileage?
    Trim - Base Model Plugin Hybrid
    Term - 36 months and 12k miles
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    MichaellMichaell Moderator Posts: 241,401
    Cyril said:

    Michaell said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    What trim?
    What term and mileage?
    Trim - Base Model Plugin Hybrid
    Term - 36 months and 12k miles
    .00096 and 45%
    No lease incentives

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    YaboySJYaboySJ Member Posts: 6
    kyfdx said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    Correct... only CA and OR have lease incentives for the Clarity.

    I wouldn't bother attempting to lease the Clarity, in any other state.
    What are the lease incentives in CA? I'm in 91504.
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    MichaellMichaell Moderator Posts: 241,401
    YaboySJ said:

    kyfdx said:

    Cyril said:

    Hi, I'm in NY and looking into the Clarity for leasing. Just curious how does the rebates work for this car? Is NY a bad state to lease it since Honda doesn't have any discounts like CA?

    Correct... only CA and OR have lease incentives for the Clarity.

    I wouldn't bother attempting to lease the Clarity, in any other state.
    What are the lease incentives in CA? I'm in 91504.
    Total Cash of $5000 includes:
    $5000 Honda Clarity PHEV Dealer/Lease/Finance Offer - CA and OR exp. 09/03/2019

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    sbt007sbt007 Member Posts: 17
    edited July 2019
    Hi, Can I get the residual, money factor for a 2019 Clarity plugin Touring 36/15 in 95014 ? I'm assuming incentive in CA is same as above i.e. 5K. Thanks!
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    MichaellMichaell Moderator Posts: 241,401
    sbt007 said:

    Hi, Can I get the residual, money factor for a 2019 Clarity plugin Touring 36/15 in 95014 ? I'm assuming incentive in CA is same as above i.e. 5K. Thanks!

    .00096 and 42%
    $5000 incentive

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    sbt007sbt007 Member Posts: 17
    So is Honda not passing the 7500 credit for leases in CA? It is only the 5k in lieu of this?
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    MichaellMichaell Moderator Posts: 241,401
    sbt007 said:

    So is Honda not passing the 7500 credit for leases in CA? It is only the 5k in lieu of this?

    That is correct. You do not qualify for the federal tax credit, as you aren't the owner - the bank is.

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    StoneColdStoneCold Member Posts: 3
    edited July 2019
    Hi I am looking for lease deals on clarity for 12K/36mo with $0 down in Bay Area 95148. What would be the RV, MF and incentives
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    MichaellMichaell Moderator Posts: 241,401
    StoneCold said:

    Hi I am looking for lease deals on clarity for 12K/36mo with $0 down in Bay Area 95148. What would be the RV, MF and incentives

    Base?
    .00096 and 45%
    $5000 incentive

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    StoneColdStoneCold Member Posts: 3
    Hi Michaell,

    Thanks for the info. Yes for the base PHEV model.

    Do you know of any dealers that are giving this deal?

    So far I talked to 2 dealers none of them said anything about incentives.
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    StoneColdStoneCold Member Posts: 3
    This is what I am getting as of now.....this includes $5000 lease incentive.

    $34,320.00 MSRP
    $29,320.00 Transaction price
    36 months
    12k miles per year
    .00096 money factor
    45% residual value
    $1,000.00 due at signing.
    $485.61 monthly payment including tax.

    Do you think this is a good deal? I don't think so

    Another question - dealership told me I will still get federal tax credit of $7500 but I need to talk to my tax advisor. I don't know what that means....I always thought that the $5000 incentive is part of federal tax credit that dealer is offering to lessee.

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    MichaellMichaell Moderator Posts: 241,401
    StoneCold said:

    This is what I am getting as of now.....this includes $5000 lease incentive.

    $34,320.00 MSRP
    $29,320.00 Transaction price
    36 months
    12k miles per year
    .00096 money factor
    45% residual value
    $1,000.00 due at signing.
    $485.61 monthly payment including tax.

    Do you think this is a good deal? I don't think so

    Another question - dealership told me I will still get federal tax credit of $7500 but I need to talk to my tax advisor. I don't know what that means....I always thought that the $5000 incentive is part of federal tax credit that dealer is offering to lessee.

    No discount from sticker, beyond the incentive?

    Use this link to determine if that's a good target price, or not:
    https://www.edmunds.com/tmv.html

    When you lease, you don't qualify for the tax credit, as you aren't the owner.

    You are correct about the $5000.

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    sirmovesalotsirmovesalot Member Posts: 42
    edited July 2019
    Michaell said:

    StoneCold said:

    This is what I am getting as of now.....this includes $5000 lease incentive.

    $34,320.00 MSRP
    $29,320.00 Transaction price
    36 months
    12k miles per year
    .00096 money factor
    45% residual value
    $1,000.00 due at signing.
    $485.61 monthly payment including tax.

    Do you think this is a good deal? I don't think so

    Another question - dealership told me I will still get federal tax credit of $7500 but I need to talk to my tax advisor. I don't know what that means....I always thought that the $5000 incentive is part of federal tax credit that dealer is offering to lessee.

    No discount from sticker, beyond the incentive?

    Use this link to determine if that's a good target price, or not:
    https://www.edmunds.com/tmv.html

    When you lease, you don't qualify for the tax credit, as you aren't the owner.

    You are correct about the $5000.
    They are hosing you. If you lease you don't get $7500. See my price you can do much much much better
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    9sparkfuls9sparkfuls Member Posts: 3
    I have two quotes so fat for a touring at $32.5k in CA. This is basically sticker minus the $5k incentive? Do folks think I can do better? I was hoping to get it ~$31k.
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    MichaellMichaell Moderator Posts: 241,401

    I have two quotes so fat for a touring at $32.5k in CA. This is basically sticker minus the $5k incentive? Do folks think I can do better? I was hoping to get it ~$31k.

    Use this link to help with price research:
    https://www.edmunds.com/tmv.html

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    9sparkfuls9sparkfuls Member Posts: 3
    Michaell said:

    I have two quotes so fat for a touring at $32.5k in CA. This is basically sticker minus the $5k incentive? Do folks think I can do better? I was hoping to get it ~$31k.

    Use this link to help with price research:
    https://www.edmunds.com/tmv.html
    Thanks, TMV ia why I am asking. Over many years it has been accurate for me. In this case TMV is $30.3k vs the two quotes of $32.5k so I am looking for more data.
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    MichaellMichaell Moderator Posts: 241,401

    Michaell said:

    I have two quotes so fat for a touring at $32.5k in CA. This is basically sticker minus the $5k incentive? Do folks think I can do better? I was hoping to get it ~$31k.

    Use this link to help with price research:
    https://www.edmunds.com/tmv.html
    Thanks, TMV ia why I am asking. Over many years it has been accurate for me. In this case TMV is $30.3k vs the two quotes of $32.5k so I am looking for more data.
    I'm not in the market, so I'm not going to be of much help. You can read back through this thread to see if any prices are posted, but not sure how much that will help.

    Just not a car that is bought / leased all that much, so I don't think there will be a lot of data.

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    sirmovesalotsirmovesalot Member Posts: 42

    Michaell said:

    I have two quotes so fat for a touring at $32.5k in CA. This is basically sticker minus the $5k incentive? Do folks think I can do better? I was hoping to get it ~$31k.

    Use this link to help with price research:
    https://www.edmunds.com/tmv.html
    Thanks, TMV ia why I am asking. Over many years it has been accurate for me. In this case TMV is $30.3k vs the two quotes of $32.5k so I am looking for more data.
    You should aim for 29.5-30k
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    voyagerdreamvoyagerdream Member Posts: 3
    Hi,
    Can you provide the MF, RV and incentives on 2019 Base model 12k/36mths for zip code 91801 in CA?

    And what's the purchase (Cap cost) I should aim for?

    Thanks!
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    MichaellMichaell Moderator Posts: 241,401

    Hi,
    Can you provide the MF, RV and incentives on 2019 Base model 12k/36mths for zip code 91801 in CA?

    And what's the purchase (Cap cost) I should aim for?

    Thanks!

    .00096 and 45%
    $5000 incentives

    Use this link for pricing:
    https://www.edmunds.com/tmv.html

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    jtse106jtse106 Member Posts: 19
    Hello can I get the lease numbers on a 2019 clarity base and touring for 12/36 in zip 90015? Any idea how long the $5000 incentive will last for past labor day?
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    kyfdxkyfdx Moderator Posts: 237,422
    jtse106 said:

    Hello can I get the lease numbers on a 2019 clarity base and touring for 12/36 in zip 90015? Any idea how long the $5000 incentive will last for past labor day?

    .00096 MF
    45%/44% residual for Base/Touring
    $5000 incentive

    Today is the last day for the current program.

    No guesses on whether the $5000 will be renewed

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    jtse106jtse106 Member Posts: 19
    kyfdx said:

    jtse106 said:

    Hello can I get the lease numbers on a 2019 clarity base and touring for 12/36 in zip 90015? Any idea how long the $5000 incentive will last for past labor day?

    .00096 MF
    45%/44% residual for Base/Touring
    $5000 incentive

    Today is the last day for the current program.

    No guesses on whether the $5000 will be renewed
    Thanks for the reply. Any updates on whether the $5000 is still valid? Several dealers are still advertising it although the fine print says expires 9/3.
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    MichaellMichaell Moderator Posts: 241,401
    jtse106 said:

    kyfdx said:

    jtse106 said:

    Hello can I get the lease numbers on a 2019 clarity base and touring for 12/36 in zip 90015? Any idea how long the $5000 incentive will last for past labor day?

    .00096 MF
    45%/44% residual for Base/Touring
    $5000 incentive

    Today is the last day for the current program.

    No guesses on whether the $5000 will be renewed
    Thanks for the reply. Any updates on whether the $5000 is still valid? Several dealers are still advertising it although the fine print says expires 9/3.
    .00075 and 44% / 43% for Base / Touring
    $4000 incentive

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    bcvc71_libcvc71_li Member Posts: 51
    Hi Michaell, are the above MF, rates, and incentives the same in NY (zip code 11790)? Does the $4k incentive also apply toward a purchase? Thanks in advance!
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    rjpbrooklynrjpbrooklyn Member Posts: 12
    @bcvc71_li
    I don't think we have any incentives from Honda in NY we definitely do have a $1700 rebate from NYS though.
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    MichaellMichaell Moderator Posts: 241,401
    bcvc71_li said:

    Hi Michaell, are the above MF, rates, and incentives the same in NY (zip code 11790)? Does the $4k incentive also apply toward a purchase? Thanks in advance!

    Clarity Touring
    36/15
    .00075 and 41%
    $4000 incentives

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    bcvc71_libcvc71_li Member Posts: 51
    Thanks so much! Do you also have the MF, residual, and incentives for a Clarity base model 36/15?
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    kyfdxkyfdx Moderator Posts: 237,422
    bcvc71_li said:

    Thanks so much! Do you also have the MF, residual, and incentives for a Clarity base model 36/15?

    42% residual for Base

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    bcvc71_libcvc71_li Member Posts: 51
    Thank you! This is very helpful.
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    rjpbrooklynrjpbrooklyn Member Posts: 12
    Looks like I bought a month too early, thank you for incentive updates.
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    bcvc71_libcvc71_li Member Posts: 51
    Have lease and/or purchase incentives for a Clarity Touring in NY been changed/updated since mid-month? Or do they remain the same? I ask because I’m seeing some dealer movement, but that may simply be a month-end phenomenon. Thanks in advance!
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    kyfdxkyfdx Moderator Posts: 237,422
    bcvc71_li said:

    Have lease and/or purchase incentives for a Clarity Touring in NY been changed/updated since mid-month? Or do they remain the same? I ask because I’m seeing some dealer movement, but that may simply be a month-end phenomenon. Thanks in advance!

    I see no changes

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    sbt007sbt007 Member Posts: 17
    Looking for October incentives on Clarity Base and Touring for 95014. Thanks.
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