Yes. Honda’s College Grad Program provides an incentive that can be used with both lease and purchase options for a new Honda, depending on dealer participation and current terms.
The program targets current students and recent graduates, offering a monetary incentive that reduces the cost of a new Honda. Terms can vary by dealer and region, so it’s essential to check with your local Honda dealer for the latest eligibility requirements and how the incentive will be applied to a lease.
Eligibility and how it works
Before applying the incentive to a lease, you should know who qualifies and what responsibilities you have as a borrower.
- Be a current student or a recent graduate (typically within the last two years) from an accredited college or university.
- Provide documentation verifying your status and graduation date (or anticipated graduation date if still enrolled).
- Finance or lease a qualifying new Honda through a participating dealer, often via Honda Financial Services.
- Not all models or trims may be eligible, and the offer may not be combinable with every other incentive or promotion.
- Credit approval and standard lease terms apply; the incentive is typically applied as a reduction of the negotiated price or as a down payment/lease cap cost reduction.
Dealer terms can vary, so contact a local Honda dealer to confirm current eligibility, stacking rules, and how the incentive will be applied to a lease contract.
How to claim the discount on a lease
If you’re eligible and decide to lease, follow these steps to maximize the benefit.
- Confirm you’re leasing a new Honda vehicle that qualifies under the College Grad Program and that the dealer participates in the program.
- Bring proof of student status or recent graduation (e.g., a graduation certificate, diploma, or student ID) and valid government-issued ID.
- Check whether the incentive will be applied at signing as a cap-cost reduction or as a dealer credit, and whether it requires financing through Honda Financial Services.
- Review the lease terms, including mileage limits, residual value, and any restrictions on the use of the incentive with other offers.
- Sign the lease if everything meets your needs; the incentive should be reflected in the negotiated price or down payment.
Bottom line: the Honda College Grad Program can apply to leases at participating dealers, but exact terms, eligible models, and the amount vary by location. Always verify with the dealer before committing to a lease.
Documentation and tips
What you’ll need
Be prepared with documentation to prove your student status or graduation and to satisfy dealership and lender requirements.
- Graduation certificate or diploma, or official transcript showing graduation date
- Student status verification (if still enrolled) and expected graduation date
- Government-issued photo ID
- Proof of address and, if financing, Honda Financial Services approval
Tip: If you aren’t sure whether your school or program qualifies, ask the dealership for a reference to Honda’s official College Grad Program terms so you can verify eligibility.
Summary: Honda’s College Grad Program offers an incentive aimed at students and recent grads that can be applied to leases as well as purchases at participating dealers. Terms vary by region and dealership, so confirm current details before signing a lease. The program remains a potential savings path for eligible buyers who meet the criteria.