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Honda undercuts Tesla Model Y after slashing Prologue EV lease prices to $399mo
Honda has slashed lease prices for its Prologue EV to just $399 per month, making it cheaper than Tesla’s Model Y.
This new pricing strategy aims to position the Prologue as a competitive option in the electric SUV market.
The 2024 Honda Prologue boasts up to 296 miles of range, powered by General Motors’ Ultium platform.
It features multi-link front and rear suspensions for a sporty drive,
and includes Honda Sensing safety tech, Google built-in, Apple CarPlay, and Android Auto compatibility.
Tesla’s Model Y starts at $44,990, dropping to $37,490 with the federal tax credit.
It offers up to 320 miles of range.
However, Honda’s new lease pricing makes the Prologue more affordable on a monthly basis, enhancing its appeal.
Honda introduced a $2,000 lease incentive across 15 states, reducing the effective lease rate to $510 per month.
With a $1,000 loyalty bonus, lease prices can drop to $369 per month,
making it an attractive option for budget-conscious consumers.
With competitive pricing and robust features, the Honda Prologue EV is a strong contender in the electric SUV market.
If you’re considering a new EV, now might be the perfect time to explore the Prologue.
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