The 2020 Honda Civic SI Is A Steal Right Now

Jan. 31, 2020 1:55 PM ET by Martin Bigg Pricing / 1 Comment

But there's a catch.

The popular Honda Civic was updated for the 2019 model year with some minor styling tweaks to keep things fresh on the market. From there, the Civic Coupe and Sedan received a price hike for the 2020 model year, but Honda is already offering discounts worth over $2,000. As reported by CarsDirect, Honda dealers in California and Florida are being given unadvertised bonuses.

Right now, most versions of the 2019 and 2020 Civic are eligible for "Closing Cash Certificates" that slash the price of the sedan and hatchback by up to $500 and $2,000 off the coupes. Sadly, this discount doesn't apply to the range-topping Type R, but you can still get a good deal on the sporty Civic Si.

Honda North America

There is a catch, however. Dealers aren't obligated to offer the incentive and can decide how much discount to give. It also isn't being offered nationwide, so if you don't live in California or Florida, you're out of luck. However, dealers can also combine the offer with other incentives.

As a result, lease discounts can be worth between $600 and $1,200. The largest discounts are available for the LX trim. In theory, you could save as much as $3,200 on the 2020 Honda Civic LX Coupe, which is surprising considering it only went on sale recently.

Honda North America

Under the hood, the 2020 Honda Civic Si uses a 1.5-liter turbocharged four-cylinder engine producing 205 horsepower and 192 lb-ft of torque, which is sent to the front wheels through a six-speed manual transmission.

Speaking of which, the 2020 version has a six-percent shorter final-drive ratio for quicker acceleration. 0-62 mph in the 2019 model took 6.6 seconds, so the updated 2020 model should be slightly faster off the line. Without a discount, the 2020 Honda Civic SI Sedan and Coupe start at $25,200, while the Civic Hatchback starts at $21,450.