Deal-check: 2025 Honda Prologue AWD EX – $159/mo Lease Deal (CA) – Too Good to Be True?

[swami]

Hi Hackrs,

Location: Fremont, CA (94538, 10.25% tax)

I came across this advertised lease deal and wanted to sanity-check with the community:

2025 Honda Prologue AWD EX

• $159/mo for 24 months

• $2,599 DAS (excludes tax, title, license, dealer fees)

• 10k miles/yr

• MSRP: $51,850

• Residual: $26,443.50

• Net cap cost: $28,505.53

• Includes $7,500 EV Lease Credit + $3,500 Honda Loyalty/Conquest

• Expiration: 9/2/2025

• Closed-end lease, available in select states

My questions:

1. On paper, this looks insanely cheap for a $52k AWD EV. What’s the catch?

2. Are the MF and residual realistic or is this heavily dealer-dependent?

3. With $2,599 DAS, what’s the true effective monthly after adding CA tax and typical DMV/doc fees?

4. Anything I should watch for in the fine print (e.g., dealer add-ons, loyalty restrictions, missing rebates)?

For context, I do qualify for Honda loyalty (current Odyssey owner). I’m aiming to finalize a car before Monday if this checks out.

Appreciate any insight before I head to the dealer!

[sids911]

Best way to find out is to reach out to a dealer and work this deal. Use the LH cal to really find out if you are getting a deal though!

Do you have a flyer or something ?

[mllcb42]

@swami

With $2,599 DAS

This isnt $2599 due at signing unfortunately. It’s more like $6000 due at signing by the time youre done with the asterisk

[swami]

[paranoidgarliclover]

@sids911

Best way to find out is to reach out to a dealer

I think the most efficient way is to read the * and see the thousands that have been left out of the bold-faced print, TBH.

@swami

residual realistic

The residual is never negotiable.

@swami

before I head to the dealer

If you’ve already test driven the car, there is no need to go to the dealership unless you’re picking up the car.

[swami]

https://automobiles.honda.com/tools/current-offers?#modelseries=prologue

[mllcb42]

@sids911

Best way to find out is to reach out to a dealer and work this deal

One should never talk numbers with a dealer without knowing what they should be first

[boofat]

Looks like one can get close to this with no discount from MSRP.