What To Know
- A standard fee added to the MSRP that covers the cost of transporting the vehicle from the factory to the dealership.
- The cost of living and market demand in your area can affect the price of a 2020 Honda Civic.
- Whether you’re seeking a reliable daily driver, a fun-to-drive sport sedan, or a fuel-efficient commuter, the Civic has something to offer.
The Honda Civic has long been a popular choice for drivers seeking a reliable, fuel-efficient, and stylish compact car. The 2020 model year brought several updates and refinements, making it even more desirable. But how much are Honda Civic 2020 models, and what factors influence their price? This comprehensive guide will delve into the pricing of the 2020 Honda Civic, exploring different trims, options, and factors that contribute to the final cost.
Understanding the 2020 Honda Civic Trim Levels
The 2020 Honda Civic is available in six different trim levels, each offering a unique blend of features and amenities:
- LX: The entry-level trim, the LX provides the essentials, including a 2.0-liter four-cylinder engine, a 5-inch color display, and a six-speaker sound system.
- Sport: This trim adds a sportier aesthetic with blacked-out accents, a sport-tuned suspension, and a 7-inch touchscreen infotainment system.
- EX: The EX trim enhances comfort and convenience with features like heated front seats, a moonroof, and Apple CarPlay/Android Auto compatibility.
- EX-L: Building upon the EX, the EX-L trim includes leather-trimmed seats, a power driver’s seat, and a navigation system.
- Si: Designed for performance enthusiasts, the Si trim features a turbocharged 1.5-liter four-cylinder engine, a sport-tuned suspension, and paddle shifters.
- Type R: The top-of-the-line Type R trim offers the ultimate in performance with a powerful 2.0-liter turbocharged four-cylinder engine, a limited-slip differential, and a sport-tuned exhaust system.
2020 Honda Civic MSRP: A Starting Point
The Manufacturer’s Suggested Retail Price (MSRP) serves as a baseline for pricing, but it’s essential to understand that it doesn’t include destination charges, taxes, or additional options. Here’s a breakdown of the 2020 Honda Civic MSRP for each trim level:
- LX: $21,250
- Sport: $22,450
- EX: $24,450
- EX-L: $26,450
- Si: $25,950
- Type R: $36,950
Factors Affecting 2020 Honda Civic Pricing
Several factors can influence the final price of a 2020 Honda Civic beyond the base MSRP:
- Destination Charge: A standard fee added to the MSRP that covers the cost of transporting the vehicle from the factory to the dealership. For the 2020 Civic, this charge is typically around $955.
- Options and Packages: Additional features and packages, such as a sunroof, navigation system, or premium audio system, will increase the price.
- Dealer Markup: Some dealerships may add a markup to the MSRP, especially for popular or in-demand vehicles.
- Location: The cost of living and market demand in your area can affect the price of a 2020 Honda Civic.
- Trade-In Value: If you’re trading in a vehicle, its value will impact the final price you pay.
- Financing: The interest rate you secure on a loan can significantly influence the overall cost of the vehicle.
Tips for Finding the Best Deal on a 2020 Honda Civic
- Shop Around: Visit multiple dealerships to compare prices and incentives.
- Negotiate: Don’t be afraid to negotiate with the dealership to get the best possible price.
- Consider Certified Pre-Owned (CPO): CPO vehicles offer a warranty and peace of mind at a potentially lower price.
- Check for Rebates and Incentives: Honda often offers rebates and incentives for eligible buyers.
- Finance Smartly: Secure a loan with a competitive interest rate to minimize your overall cost.
Why Choose a 2020 Honda Civic?
The 2020 Honda Civic offers a compelling combination of features, performance, and value. Here are some reasons why it remains a popular choice:
- Fuel Efficiency: The Civic boasts impressive fuel economy, making it an economical choice for daily commutes.
- Reliability: Honda is known for its reliable vehicles, and the Civic is no exception.
- Safety: The Civic comes standard with a suite of advanced safety features, including a collision mitigation braking system and lane departure warning.
- Interior Comfort and Space: The Civic offers a comfortable and spacious cabin, with ample room for passengers and cargo.
- Technology: The Civic is equipped with modern technology features, including a touchscreen infotainment system, Apple CarPlay/Android Auto compatibility, and a suite of driver-assistance features.
The 2020 Honda Civic: A Lasting Value
The 2020 Honda Civic is a well-rounded compact car that offers a compelling combination of features, performance, and value. Whether you’re seeking a reliable daily driver, a fun-to-drive sport sedan, or a fuel-efficient commuter, the Civic has something to offer. By understanding the different trim levels, factors influencing pricing, and tips for finding the best deal, you can confidently navigate the car-buying process and secure a 2020 Honda Civic that fits your needs and budget.
Beyond the Dealership: Owning a 2020 Honda Civic
Purchasing a 2020 Honda Civic is just the beginning of your journey. Here are some key considerations for owning this reliable and popular vehicle:
- Maintenance: Regular maintenance is crucial for ensuring the longevity and performance of your Civic. Stick to the recommended service schedule and address any issues promptly.
- Insurance: Obtain comprehensive insurance coverage to protect yourself financially in case of accidents or damage.
- Fuel Efficiency: Maximize your fuel economy by practicing efficient driving habits, such as avoiding aggressive acceleration and braking.
- Resale Value: The Honda Civic is known for its strong resale value, which can be beneficial when it’s time to sell or trade in your vehicle.
Frequently Asked Questions
Q: What is the average price of a used 2020 Honda Civic?
A: The average price of a used 2020 Honda Civic can vary depending on factors like mileage, condition, and location. However, you can typically find used models for prices ranging from the low $10,000s to the mid $20,000s.
Q: Are there any incentives or rebates for buying a 2020 Honda Civic?
A: While Honda may not offer specific incentives for the 2020 Civic anymore, it’s always a good idea to check with dealerships for any current promotions or special offers.
Q: Is there a significant price difference between the 2020 and 2021 Honda Civic?
A: The 2021 Honda Civic introduced some minor updates and refinements, but the overall price difference between the two model years is likely to be relatively small.
Q: What is the best way to finance a 2020 Honda Civic?
A: Consider securing a loan with a competitive interest rate from a reputable lender, such as a bank, credit union, or online lender. You can also explore financing options offered through Honda Financial Services.
