How much is a brand new Honda Accord 2020?
The Honda Accord has long been a favorite among car enthusiasts and everyday drivers alike, thanks to its reliability, performance, and sleek design. If you're considering purchasing a 2020 Honda Accord, understanding its price range is essential to making an informed decision. In this article, we’ll break down the cost of a brand-new 2020 Honda Accord and what factors might influence its price.
Base Price of the 2020 Honda Accord
The starting price for a brand-new 2020 Honda Accord typically ranged from $24,000 to $36,000 when it was first released. The exact cost depends on the trim level and additional features you choose. Here’s a quick breakdown of the trims and their approximate starting prices:
- Honda Accord LX: Starting at around $24,000
- Honda Accord Sport: Starting at around $27,000
- Honda Accord EX: Starting at around $28,000
- Honda Accord EX-L: Starting at around $31,000
- Honda Accord Touring: Starting at around $36,000
These prices reflect the Manufacturer’s Suggested Retail Price (MSRP) and may vary depending on the dealership, location, and any ongoing promotions or discounts.
Factors That Influence the Price
Several factors can affect the final price of a 2020 Honda Accord, including:
- Trim Level: Higher trims like the Touring come with more advanced features, such as a premium sound system, leather seats, and advanced driver-assistance technologies, which increase the price.
- Optional Features: Adding extras like a navigation system, upgraded wheels, or a sunroof can raise the cost.
- Dealer Fees: Additional costs such as destination charges, documentation fees, and taxes can add to the final price.
- Location: Prices may vary depending on the region and the dealership’s pricing policies.
Is It Still Possible to Buy a New 2020 Honda Accord?
As of 2025, finding a brand-new 2020 Honda Accord might be challenging since newer models have been released, and dealerships typically focus on selling the latest inventory. However, you may still find unused 2020 models at certain dealerships or through certified pre-owned programs. These vehicles often come with warranties and are in excellent condition, making them a great alternative to buying brand-new.
Conclusion
The 2020 Honda Accord remains a fantastic choice for those seeking a reliable and stylish sedan. While the base price ranged from $24,000 to $36,000 when it was first released, the final cost depends on the trim level, optional features, and other factors. If you’re interested in purchasing one, consider exploring certified pre-owned options or contacting local dealerships to see if any new models are still available.
Frequently Asked Questions
Why is Honda Accord so expensive?
Well, it turns out that there are several reasons for this. Firstly, Honda has a reputation for producing high-quality cars that are built to last. As a result, the company has invested heavily in developing advanced technology and manufacturing techniques, which inevitably drives up the production costs.
What should I pay for a 2020 Honda Accord?
2020 Honda Accord Value - $16,042-$28,630 | Edmunds.
What is the best year of Honda Accord to buy?
Honda Accord models from the years 2008 to 2012 are among the best to buy used. Their pricing on the used market is affordable. The Honda Accord tends to hold its value better than most other cars. It's a dependable performer since its U.S. launch in 1976.
Is there a recall on 2020 Honda Accord?
Honda (American Honda Motor Co.) is recalling certain 2018-2020 Accord Sedan, Accord Hybrid, and 2019-2020 Insight vehicles. A software error may cause intermittent or continuous disruptions in communication between the Body Control Module (BCM) and other components.
Is 2020 a good year for Honda Accord?
The 2020 Accord is not only the best-driving family sedan, it's also one of the best-equipped choices in its class, making it an easy recommendation for today's car shoppers.
How much should I pay for a new Accord?
2024 Honda Accord MSRP and Invoice Price
| Trims | MSRP | Edmunds Suggested |
|---|---|---|
| EX Most Popular | $31,005 | $29,587 |
| Sport Hybrid | $33,990 | $32,160 |
| EX-L Hybrid | $35,635 | $33,509 |
| Sport-L Hybrid | $35,970 | $33,822 |
Which is better 2019 or 2020 Honda Accord?
When it comes to the differences between the 2020 Honda Accord and 2019 Honda Accord, there really aren't many. A small increase in price for the 2020 model is really the only noticeable change for drivers meaning that purchasing decisions should be made based on dealership availability and finding a good deal.
What year Honda Accord is best to buy used?
We are big fans of the eighth-generation (2008-2012) models. Moreover, their pricing on the used market is affordable. Otherwise, with only a few exceptions already mentioned, the Accord has been a dependable performer since its U.S. launch in 1976.
What's a better car, Toyota or Honda?
According to Consumer Reports' annual Auto Reliability Survey, Toyota holds the crown as the most reliable car brand, and Honda resides in the top ten with it.
What is my 2020 Honda Accord worth?
A 2020 Honda Accord Sport Sedan 4D has depreciated $10,974 or 35% in the last 3 years and has a current resale value of $19,957 and trade-in value of $17,644.
