2023 Honda Passport Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback

2023 Honda Passport Invoice Price Guide - Holdback - Dealer Cost - MSRP

The Honda Passport Price Guide Below Includes:

The Honda Passport pricing below shows the MSRP, invoice price and true dealer cost. The true dealer cost is calculated by the following formula - Invoice Price + Destination Fee – Holdback = Dealer Cost.
Holdback is a hidden manufacturer markup on most vehicles. It is calculated as a percentage of MSRP or Invoice. You can view how dealer holdback is calculated here.

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost

Honda Passport Pricing for the EX-L, TrailSport and Elite Trims

2023 Passport - Trim: EX-L 5-Door SUV. Powertrain: AWD, 3.5L, 6 CYL, Gas Powered, Automatic

MSRP

$41,100

Invoice Price

$38,319

Destination Fee

$1,345

Holdback

$822

Dealer Cost

$38,842

2023 Passport - Trim: TrailSport 5-Door SUV. Powertrain: AWD, 3.5L, 6 CYL, Gas Powered, Automatic

MSRP

$43,600

Invoice Price

$40,646

Destination Fee

$1,345

Holdback

$872

Dealer Cost

$41,119

2023 Passport - Trim: Elite 5-Door SUV. Powertrain: AWD, 3.5L, 6 CYL, Gas Powered, Automatic

MSRP

$46,560

Invoice Price

$42,682

Destination Fee

$1,345

Holdback

$931

Dealer Cost

$43,096

Price Tip:
To find the best possible price on a new Honda Passport, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services; Rydeshopper, Edmunds, NADAguides, Motortrend & CarsDirect

These services will offer you the lowest prices and supply you with multiple competing price quotes. You will know the best price before you visit the dealer.

Limited Production Options
HPD Black
EX-L	$2,900
Elite	$2,900
TrailSport	$2,900
HPD Bronze
EX-L	$2,900
Elite	$2,900
TrailSport	$2,900
Utility Package
EX-L	$1,085
Elite	$745
TrailSport	$630
Function Package
EX-L	$290
Elite	$290
TrailSport	$290

Exterior Paint Options
Sonic Gray Pearl
EX-L	$395
Elite	$395
TrailSport	$395
Radiant Red Metallic
EX-L	$395
Elite	$395
TrailSport	$395
Platinum White Pearl
EX-L	$395
Elite	$395
TrailSport	$395

Specifications
Base Price
EX-L	$41,100
Elite	$46,560
TrailSport	$43,600
Drive
EX-L	AWD
Elite	AWD
TrailSport	AWD
Bodystyle
EX-L	SUV
Elite	SUV
TrailSport	SUV
Doors
EX-L	5
Elite	5
TrailSport	5
Height
EX-L	72.2
Elite	72.2
TrailSport	72.2
Length
EX-L	189.1
Elite	189.1
TrailSport	189.1
Wheelbase
EX-L	110.9
Elite	110.9
TrailSport	110.9
Width
EX-L	78.6
Elite	78.6
TrailSport	78.6
Cargo Volume
EX-L	41.2
Elite	41.2
TrailSport	41.2
Seating Capacity
EX-L	5
Elite	5
TrailSport	5
Front Head Room
EX-L	39.5
Elite	39.5
TrailSport	39.5
Center Head Room
EX-L	NA
Elite	NA
TrailSport	NA
Front Leg Room
EX-L	40.9
Elite	40.9
TrailSport	40.9
Center Leg Room
EX-L	NA
Elite	NA
TrailSport	NA
Front Shoulder Room
EX-L	62
Elite	62
TrailSport	62
Center Shoulder Room
EX-L	NA
Elite	NA
TrailSport	NA
Interior Volume
EX-L	114.9
Elite	114.9
TrailSport	114.9
Fuel Tank Capacity
EX-L	19.5
Elite	19.5
TrailSport	19.5
Engine Size
EX-L	3.5
Elite	3.5
TrailSport	3.5
Engine Type
EX-L	Gas
Elite	Gas
TrailSport	Gas
Cylinders
EX-L	6
Elite	6
TrailSport	6
Camshaft
EX-L	SOHC
Elite	SOHC
TrailSport	SOHC
Compression Ratio
EX-L	11.5:1
Elite	11.5:1
TrailSport	11.5:1
Horsepower
EX-L	280
Elite	280
TrailSport	280
Torque
EX-L	262
Elite	262
TrailSport	262
Fuel Type
EX-L	Unleaded
Elite	Unleaded
TrailSport	Unleaded
MPG City
EX-L	19
Elite	19
TrailSport	19
MPG Highway
EX-L	24
Elite	24
TrailSport	24
Towing
EX-L	5000
Elite	5000
TrailSport	5000
GVWR (Gross Vehicle Weight Rating)
EX-L	NA
Elite	NA
TrailSport	NA
Payload
EX-L	NA
Elite	NA
TrailSport	NA
Curb Weight
EX-L	4236
Elite	4262
TrailSport	4229
Transmission
EX-L	Automatic
Elite	Automatic
TrailSport	Automatic

How to Calculate The Dealer Cost of a Honda Passport

Formula for Calculating Dealer Cost:

Example: Base Honda Passport 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)

Honda Price Reports:

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Note: All Honda Passport MSRP, invoice and dealer cost dollar figures above 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.