Honda’s Prologue EV has quickly established itself as a standout in the electric vehicle (EV) market. Leveraging strong customer loyalty, Honda has successfully transitioned many buyers from hybrid vehicles to fully electric options. A significant factor contributing to the Prologue’s popularity is its competitive leasing offers, which have been some of the most affordable in Honda’s lineup. However, as we approach the 2025 model year, these attractive lease terms may soon be a thing of the past.
For the 2025 model year, the Prologue is set to receive enhancements that include improved power and increased range, aligning it with other models built on Honda’s Ultimum platform. While the Prologue may not boast the exhilarating acceleration of competitors like the Tesla Model Y Performance or the rapid charging capabilities of the Hyundai Ioniq 5, it excels in providing a reliable and familiar driving experience. Its ability to appeal to Honda loyalists has made it one of the best-selling EVs, even surpassing its General Motors counterparts last year.
When comparing the lease options for the 2024 and 2025 Prologue models, potential customers will notice a significant increase in monthly payments. The following table illustrates the differences:
| Model Year | Monthly Payment | Due at Signing | Total Lease Cost (36 Months) |
|---|---|---|---|
| 2024 Prologue EX AWD | $269 | $3,199 | $12,883 |
| 2025 Prologue EX AWD | $599 | $4,299 | $25,863 |
Despite no changes in the sticker price for the 2025 model, the lease costs have effectively doubled compared to the previous year, raising concerns about the sustainability of Honda’s previously low lease offerings.
Currently, there are approximately 2,850 units of the 2024 Prologue available, contrasted with about 4,880 units of the 2025 model. This increase in inventory might suggest that the attractive lease deals for the 2025 Prologue could be coming to an end. Other manufacturers, such as Hyundai, Kia, GM, and Volkswagen, are still offering competitive leasing options for their 2025 models, but these deals may not last indefinitely.
With EV tax credits in a state of uncertainty and potential tariffs looming, consumers interested in leasing an EV should consider acting swiftly. It’s also advisable to compare leasing programs across different brands to find the best deal.
