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

Price terms Used in this Guide:
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
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
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.
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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• Honda Accord Invoice Prices
• Honda Civic Hatchback Invoice Prices
• Honda Civic Invoice Prices
• Honda Civic Si Invoice Prices
• Honda CR-V Invoice Prices
• Honda Hybrid CR-V Invoice Prices
• Honda HR-V Invoice Prices
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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.