If you want to lease a Honda Accord Sport, you can expect to pay between $425 and $625 per month. Your exact monthly payment depends on which trim level you choose, the price you negotiate, how much money you put down, and your credit score.
The Honda Accord Sport offers a comfortable balance between a powerful engine that delivers a speedy and sleek ride, and enough safety features to still be called a family car. If you don’t want to commit to a car loan
but can’t stop picturing yourself behind the wheel of a new 2022 Accord Sport, leasing might be the right choice for you. Leasing does have more restrictions than a traditional auto loan, but it also has some great perks: you get to drive your vehicle during its peak-performing years, and you’ll have lower average monthly payments.
Want to learn more about leasing a Honda Accord Sport? Here with all the information you need before you sign a lease is Jerry
, the car insurance
shopping app. In this article, we’ll talk about how leases work, how much you’ll need to pay, and what to expect at the end of your lease. (Later, we can tell you how to save on your Honda Accord Sport insurance costs
.) How to lease a Honda Accord Sport
Just like the Accord Sport’s 1.5-liter turbo inline engine, the process of signing a lease is usually speedy and streamlined. To get yourself in position for a great lease deal, follow this checklist:
Start by checking your credit score. A credit score of 650 or higher is sure to get you a great lease deal. A score under 630 is usually considered poor, and while you may still qualify for a lease, you will have higher monthly payments. If your score is 520 or lower, you probably won’t qualify for leasing.
Figure out your budget. Aim for a monthly payment that’s around 15% of your monthly income. If you make $3,500 a month, a lease payment of up to $525 should be affordable—but a payment of $350, or 10% of your income, is even better.
Estimate how much you can pay upfront. The more money you put down when you sign, the lower your monthly costs will be. If you have the option, save up for a higher down payment before you sign.
Calculate your annual mileage. When you lease a Honda Accord Sport, you’ll have the option to choose an annual mileage limit of 10,000, 12,000, or 15,000 miles. That’s more than enough for most people, but if you take a lot of long road trips or have a long commute to work, make sure that mileage can accommodate you.
Once you have your finances figured out, you’re ready to make a budget and head to your local Honda dealer and compare lease offers. If you know exactly what you can afford, you’re in the best position to negotiate.
The final step: shop for insurance
Whether you decide to buy or lease your new Honda Accord Sport, you’ll need affordable car insurance. Your dealer will probably require you to get what's called "full-coverage car insurance
," which includes coverages beyond what your state requires. RECOMMENDEDNo spam or unwanted phone calls · No long forms
How much does a Honda Accord Sport lease cost?
You’ll pay between $425 and $625 per month when you lease a Honda Accord Sport.
The exact payment amount you end up with can vary depending on what trim level and options you pick, your credit score, lease term, and down payment. Other factors like your location, the time of year, and special promotions can also have an effect on your monthly payment amount.
The biggest factor is the trim level you choose. Sticking to the CVT, the Accord Sport’s trim with the lowest starting price, will give you a lower monthly payment. But if you’re interested in the improved features of the Sport Special Edition CVT, Hybrid Sport E-CVT, or the Sport 2.0T 10-Speed Automatic, your monthly payment will go up.
Any additional options or packages that you add on to any trim will also increase your monthly payment.
Let’s take a look at how each trim level can change both your monthly payment and the amount due at signing for your new 2022 Honda Accord Sport. We want to keep things simple, so let’s assume you have good credit (700-719) and that you’re going to put down $1,500 on a 36-month lease with 12,000 annual mileage.
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Sport Special Edition CVT | | |
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Sport 2.0T 10-Speed Automatic | | |
Your credit score is another important factor in determining how much you’ll pay for a 2022 Honda Accord Sport lease. If we continue to assume a $1,500 down payment, 36-month lease, and 12,000 annual mileage, here’s what happens to your costs for the popular Sport Special Edition CVT based on your credit score:
Services included in a Honda Accord Sport lease
Honda leases come standard with a $500 damage waiver. Honda also offers a Loyalty Benefits
program, which states that if you purchase or lease another Honda at the end of your lease, you can qualify for additional coverage or have your turn-in fee waived. What to do when your Honda Accord Sport lease is up
When you’ve reached the end of your Honda lease term, you have three options. You can:
Return the car and lease a new Honda
Turn your vehicle in and walk away
How to return a leased Honda Accord Sport
Before you return your car to your Honda dealer, schedule an inspection to determine whether your vehicle is in acceptable condition. Your Honda lease comes with a $500 damage waiver, but you’ll be responsible for any charges exceeding that $500.
You can call Honda’s Lease Maturity Center at 1-800-708-6555 to find an inspection provider near you.
Once any necessary repairs have been completed and your vehicle passes inspection, call your local Honda dealership to arrange a return appointment. On the day you bring your leased Honda Accord Sport back to the dealership, bring the following items with you:
Owner’s manual and maintenance records
Receipts for completed repairs
How to purchase a leased Honda Accord Sport
If you fell in love with your Honda Accord Sport and want to keep driving it after your lease is up, you have the option to purchase the vehicle. You can request a payoff quote by contacting your dealership or by calling Honda Financial Services at 1-800-708-6555.
MORE: How to find the best cheap car insurance
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