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2024 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

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

Passport EX-L 5-Door SUV with AWD. Powered by a 3.5-Leter 6-Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$41,900
Invoice Price
$39,064
Destination Fee
$1,375
Holdback
$838
Dealer Cost
$39,601
Find the Best Price
Passport TrailSport 5-Door SUV with AWD. Powered by a 3.5-Leter 6-Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$44,500
Invoice Price
$41,484
Destination Fee
$1,375
Holdback
$890
Dealer Cost
$41,969
Find the Best Price
Passport Black Edition 5-Door SUV with AWD. Powered by a 3.5-Leter 6-Cylinder, Gas Engine w/ Automatic Transmission.
MSRP
$47,970
Invoice Price
$43,725
Destination Fee
$1,375
Holdback
$959
Dealer Cost
$44,141
Find the Best Price
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; Edmunds,   Rydeshopper,   CarsDirect,   Motortrend  &   J.D Power
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.

Trim Level Overview and Pricing

(MSRP includes the Destination fee of $1,375)

Here's an overview of the key equipment on the 2024 Honda Passport trim levels:

EX-L:

  • MSRP staring at $43,275
  • 3.5L V6 engine
  • 9-speed automatic transmission
  • Hands-free power tailgate
  • Tri-zone automatic climate control
  • Heated front seats
  • Leather upholstery
  • 8-inch touchscreen display
  • 18-inch alloy wheels

TrailSport:

  • MSRP staring at $45,875
  • Adds on EX-L features
  • Underbody skid plates
  • Raised ground clearance
  • All-terrain tires
  • Water-resistant seat materials
  • Unique exterior styling
  • Orange TrailSport badging

Black Edition:

  • MSRP staring at $49,345
  • Based on TrailSport model
  • Blacked-out exterior trim
  • Black wheels, mirrors, badging
  • Red ambient lighting
  • Black leather/suede seats
  • Orange contrast stitching

In summary:

  • EX-L is well equipped with comfort and tech
  • TrailSport adds off-road oriented upgrades
  • Black Edition provides unique blacked-out styling

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 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.