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How to Get the Best Deal on a Honda HR-V: Insider Tips and Market Analysis

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Are you in the market for a Honda HR-V? You're not alone! This compact SUV has been making waves in the auto industry, and I'm here to help you navigate the buying process like a pro. Let's dive into the nitty-gritty of HR-V sales, inventory, and how to score the best deal possible.

The HR-V's Booming Popularity

First things first, let's talk about how popular the HR-V has become. Check this out:

  • Honda has already exceeded previous years' sales volumes

  • By November, they sold about 140,000 HR-Vs

  • Estimates suggest they'll end up selling 155,000-160,000 units by year-end

But here's the kicker - Subaru is still leading the pack with over 160,000 units sold by November. It's a tight race between Honda and Subaru in this segment!

Current Inventory Situation

Now, let's look at what's available:

  • Honda has about 21,000 HR-Vs in stock (up from 16,000 a couple months ago)

  • All are 2025 models

  • 13,000 are AWD, and 8,300 are FWD

  • Most common trim seems to be the Sport, with plenty of base model LXs available too

Getting the Best Deal: Target Discounts

Here's where it gets exciting. I've got a hot tip for you:

Aim for at least 5% off MSRP, but don't be afraid to push for 10% if you're in a metro area.

Let's break it down using a Sport AWD model with an MSRP of $30,005:

  • 5% discount brings the price down to $28,547

  • But remember, you can potentially get an even better deal!

Financing and Incentives

Unfortunately, Honda has removed promotional APR offers on the HR-V until March 3rd. But don't let that discourage you! If you can secure a 4.9% rate from your bank, you're pretty much in the same spot as a couple months ago.

Lease vs. Buy: What's the Best Option?

Let's crunch some numbers:

Buying

  • Financing at 4.9% for 60 months

  • Monthly payment: $554

  • Total 5-year cost: $35,042

Leasing

  • 36 months, 12,000 miles per year

  • Monthly payment: $333 (not including tax)

  • Total lease cost: $13,891 (including estimated fees and 6.25% sales tax)

The Surprising Resale Value

Here's where it gets interesting. The HR-V is expected to hold its value incredibly well:

  • Predicted 5-year resale value: 73% of original MSRP

  • In December 2029, your HR-V could be worth around $21,903

  • Trade-in value estimate: $17,522

I double-checked these numbers against current used HR-V prices, and they're spot on!

So, What Would I Do?

After crunching all the numbers, here's my take: Buy it.

The math shows that buying and selling after 5 years could cost you about the same as leasing for 3 years. Plus, you have the advantage of owning the vehicle and potentially benefiting from its strong resale value.

Wrapping Up

Remember, the key to getting the best deal is to:

  1. Shop around multiple dealers

  2. Aim for at least 5% off MSRP (but push for more!)

  3. Consider buying over leasing, given the strong resale value

If you found this information helpful, why not share it with a friend who's also in the market for an HR-V? And don't forget to check out the video for even more details and insights!

Happy car shopping, and may the deals be ever in your favor!

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