2020 Honda Accord Hybrid Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback
MSRP Invoice Price Destination Fee Holdback Dealer Cost
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If you love the fuel efficiency you get on the gas-powered 2020 Honda Accord, you will be truly impressed by its hybrid variant, the 2020 Honda Accord Hybrid. This hybrid variant is one of the most talked-about in the small sedan segment this year, and for good reason.
The Honda Accord Hybrid has an incredibly spacious cargo area just like the regular Accord since it does not have a big battery pack taking up space there. Also, the cabin is quite roomy and cozy. Adults can extend their legs even if they are sitting in the back seat. And, of course, there is the excellent fuel economy that you get from this hybrid sedan.
But there are a few downsides to driving the 2020 Honda Accord Hybrid. First, the brakes seem a bit too soft and delayed when trying to make a panic stop. They take a bit longer to make the stop that other vehicles in this segment. Also, the engine gets a bit noisy regardless of speed, and throttle gets intrusive at higher speeds.
Other than that, the Accord Hybrid is a practical and comfortable vehicle. But is it the right one for you? Let's go more in-depth with what each trim level has to offer, how it drives, and what to expect as far as fuel efficiency goes.
What's New For 2020?
There are not too many changes that were made to the 2020 Honda Accord Hybrid. The only one really worth mentioning are the chimes that sound on the exterior when the vehicle is operating in EV mode. Other than that, everything carries over from 2019's line-up.
The 2020 Honda Accord Hybrid is only available as a hybrid mid-sized sedan.
The 2020 Honda Accord Hybrid comes in several different trim levels: the base Hybrid, the EX, EX-L, and Touring. All are powered by a 2.0-L 4-cylinder engine and hybrid system. This gets the vehicle 232 hp and 212 lb-ft of torque. A CVT is also part of the standard mechanical set-up.
All of the trim levels are well-equipped when it comes to standard safety features. Even the base trim gets daytime running lights, an engine immobilizer, lane departure warning, a rearview camera, and a pre-collision accident avoidance system. The EX adds fog lights,a post-collision system, and blind spot monitoring while the EX-L gets integrated turn indicators on the side mirrors. The Touring has these features as well.
When it comes to infotainment, the base trim gets a standard set-up of a 4-speaker audio system, an AM/FM stereo, Bluetooth connectivity, and a couple of USB ports. The EX upgrades to an 8-speaker sound system with SiriusXM, and the EX-L gets a 10-speaker sound system with a subwoofer included.
All four trims have a lot of creature comforts packed into them. The base Hybrid comes with keyless ignition, adaptive cruise control, an interior air filtration system and climate control, and a tilt and telescoping steering column. The steering wheel itself is multifunctional with numerous controls mounted to it for easy access. The EX-L upgrades to a leather-wrapped steering wheel and gear shift knob, and the HomeLink universal remote also comes equipped. The Touring adds audio, cruise, and transmission controls to the steering wheel for even easier access for the driver.
The base trim does have a few handy power features, which include heated side mirrors, hands-free entry to the vehicle, and two one-touch power windows up front. The Touring gets a reverse tilt function on the side mirrors that gives the driver a view of the curb while the vehicle is in reverse.
Oh, and as far as the seats themselves go? The base trim has cloth seats that are comfy, and the driver's seat is 6-way manually-adjustable. The EX bumps this up to being 8-way power-adjustable and makes the front seats heated. The EX-L makes the front passenger seat 4-way power-adjustable and trims all the seats in fine leather. The Touring outdoes that by adding ventilation to both of the front seats, lending an extra level of comfort and luxury to the Accord Hybrid.
While driving in the city, the 2020 Honda Accord Hybrid is quite zippy. The highway is another story. Getting it up to speed is troublesome since the powertrain seems slow to muster up power. Trying to merge and pass will not prove easy. However, the engine will supply more power as you ask for it. Additionally, there is no body roll that can be noticed, and the steering is incredibly precise. You will get enough feedback from the steering wheel to feel confident as to how the wheels are tracking. The biggest downside is that making a panic stop takes longer than average for a vehicle in this class.
The EPA estimates that you can get 48 mpg combined on the 2020 Honda Accord Hybrid sedan. However, real-world tests show that this number falls short. Some drivers have recorded getting more like 40 mpg combined, but that also does depend on your driving style and how much you push it. Still, the vehicle pulls decent enough numbers.
Overall, the 2020 Honda Accord Hybrid is a smart choice for a hybrid sedan. It might not have the most responsive brakes, but it does save on fuel and has tons of room. It is definitely one of those vehicles that utility-minded drivers will enjoy.
How to Calculate The Dealer Cost of a Honda Accord Hybrid
Formula for Calculating Dealer Cost:
- Example: Base Honda Accord Hybrid invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
Note: All Honda Accord Hybrid MSRP, invoice and dealer cost dollar figures above are approximate amounts. Prices are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.