Car Buying Strategies

2020 Honda Passport Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/ Holdback

Price terms Used:
MSRP What is MSRP? Invoice Price What is Dealer Invoice Price? Destination Fee Whatis the Destination Fee? Holdback What is Holdback? Dealer Cost What is Dealer Cost?
2020 Passport Trim: Sport - Powered by a V-6, 3.5L Engine with Front Wheel Drive
MSRP
$31,990
Invoice Price
$29,253
Destination Fee
$1,095
Holdback
$640
Dealer Cost
$29,708
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2020 Passport Trim: Sport - Powered by a V-6, 3.5L Engine with All Wheel Drive
MSRP
$33,990
Invoice Price
$31,077
Destination Fee
$1,095
Holdback
$680
Dealer Cost
$31,492
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2020 Passport Trim: EX-L - Powered by a V-6, 3.5L Engine with Front Wheel Drive
MSRP
$36,410
Invoice Price
$33,284
Destination Fee
$1,095
Holdback
$728
Dealer Cost
$33,651
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2020 Passport Trim: EX-L - Powered by a V-6, 3.5L Engine with All Wheel Drive
MSRP
$38,410
Invoice Price
$35,108
Destination Fee
$1,095
Holdback
$768
Dealer Cost
$35,435
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2020 Passport Trim: Touring - Powered by a V-6, 3.5L Engine with Front Wheel Drive
MSRP
$39,280
Invoice Price
$35,902
Destination Fee
$1,095
Holdback
$786
Dealer Cost
$36,211
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2020 Passport Trim: Touring - Powered by a V-6, 3.5L Engine with All Wheel Drive
MSRP
$41,280
Invoice Price
$37,726
Destination Fee
$1,095
Holdback
$826
Dealer Cost
$37,995
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2020 Passport Trim: Elite - Powered by a V-6, 3.5L Engine with All Wheel Drive
MSRP
$43,780
Invoice Price
$40,006
Destination Fee
$1,095
Holdback
$876
Dealer Cost
$40,225
Find the Best Price
Price Tip:
To avoid overpaying 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;
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.
Honda Passport Overview:

Honda resurrected the Passport nameplate just last year, and although automakers often bring back a well-known model name as an advertising gimmick as much as for any other reason, the newly designed Passport is truly a well-built mid-size crossover. It's loaded with the latest in high-tech and safety features, and it boasts a really comfortable, roomy interior.

There's plenty of horsepower as well. The 2020 Honda Passport is easy to operate and cruises effortlessly at freeway speeds. It's also near the top of its segment in the cargo and utility category. A family hauler that works equally well as an everyday commuter, the 2020 Passport should be near the top of the shopping list of anyone seeking an affordable yet near-luxurious mid-size SUV.

Powertrain And Performance

The 2020 Honda Passport is powered by a V6 engine with a displacement of 3.5L and a total output of 280 horsepower. The engine is direct injection, has a total of 24 valves, has variable valve timing, and is of the single overhead cam type. It's paired to a nine-speed automatic transmission, and front-wheel drive is standard on all but the Elite trim. This trim gets all-wheel drive as standard, and all-wheel drive is optional on the lower trims.

Acceleration is punchy. The Passport goes from a full stop to 60 mph in just under seven seconds, a good rating for a vehicle in this class. The steering is nicely weighted, and the driver gets an excellent feel for turning of the vehicle around sharp corners. The turning radius is 39 feet, smaller than what is experienced on most competing models.

Interior Design

The cabin is large and airy, and the mostly horizontal roofline means plenty of headroom in both the front and rear seating areas. Three adults can fit comfortably in the rear, and the driver and passengers enjoy excellent outward visibility.

The Passport's forward control layout is littered with buttons and knobs rather than touch-sensitive surfaces. The shifter is also push-button, and this saves a good amount of space. Everything about the control layout is straightforward and functional, and all of the climate controls and stereo knobs are within easy reach of the driver's right hand.

The 2020 Honda Passport base model, known as the Sport, comes with keyless entry and ignition, tri-zone air conditioning and heating control, and a 60/40-split rear bench. The EX-L trim adds on a sunroof, power-adjustable front seats that are heated, and full leather upholstery. The Touring trim gets heated rear seats, and the range-topping Elite trim has these features plus ventilated seats and a heated steering wheel. Comfort is the name of the game when it comes to the seat material and soft-touch surfaces. The overall feel is one of near-luxury.

Cargo And Utility

The wide-opening doors make for easy entry and exit even though the cabin sits a bit higher than those of competing models in this segment. There are huge door pockets, a storage bin in the front center area, and cubbies for small items throughout the cabin. With the rear seats upright, there's a total of 41.2 cubic feet of cargo space, and with the seats folded down, the volume increases to an impressive 77.9 cubic feet.

All but the base trim come with a power liftgate. The 2020 Honda Passport holds its own in the towing department. With the towing package included and with all-wheel drive, the Passport can tow up to 5,000 pounds, a respectable figure in this vehicle class.

High-Tech Features

Even if one settles for the base Sport trim, there's a lot to like in the high-tech department. The 5-inch central display screen offers crisp graphic and is easy to navigate. The seven-speaker audio system is of high quality. The EX-L trim gets an 8-inch screen display and smartphone app integration. The Touring trim comes with a 10-speaker stereo and integrated navigation, and the Elite trim has all these features plus a wireless smartphone charging pad.

The upgraded audio systems on the uplevel trims provide a rich, powerful sound that fills the cabin. The aforementioned navigation system is cleverly designed and responds well to quick swipe gestures. This really comes in handy if the driver or front passenger needs to rapidly zoom in or rotate an on-screen map. Other niceties found on all but the base trim include a Wi-Fi hotspot and a total of four USB ports.

Safety And Security

Honda has upgraded the safety systems and driver aids on all of its models. The Honda Sensing suite, for example is now standard on most model trims and comes with more features than in recent years. The 2020 Honda Passport base trim has adaptive cruise control and lane keeping assist, and the forward collision mitigation system with emergency braking is also standard. Blind-spot monitoring is included on all but the base trim, and parking sensors are standard on the uplevel trims.

Other standard features one gets regardless of trim level include a rearview camera, stability and traction control, an engine immobilizer, a remote anti-theft alarm system, and a post-collision safety system. The child seat anchors and tethers are easy to use, and even the largest of rear-facing child safety seats fit with ease in the rear seating area. The Passport comes with emergency brake assist, and all trims have a full set of front and rear airbags.

This is a well-rounded, feature-rich model, and it's priced mid-range for this vehicle segment. Shoppers are encouraged to give the 2020 Honda Passport a close inspection and to take it for an enjoyable test drive.

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)

Note: All Honda Passport 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.

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