Understanding a vehicle payment chart is an important part of shopping for a new vehicle. While many buyers focus on the advertised monthly payment, that figure reflects several pricing components working together. The manufacturer’s suggested retail price (MSRP), freight charges, regional fees, financing rates, lease rates, rebates, and payment terms all contribute to the final amount.

The Honda Canada Competitor Comparison brochure includes a payment example for the new Honda Accord Hybrid Touring CVT, giving Canadian shoppers a better understanding of how Honda presents financing and leasing information. Rather than showing only a monthly payment, the chart explains the different elements that make up the overall payment calculation.

This guide explains each major section of the Accord payment chart using information from the official Honda Canada dealer brochure. The payment examples apply to the Canadian market and are based on Ontario programs, including applicable taxes, while excluding dealer administration fees and in-market loyalty or conquest offers.

What is the MSRP?

The payment chart begins with the MSRP (Manufacturer’s Suggested Retail Price). The manufacturer sets the MSRP as the recommended selling price before adding mandatory delivery charges and regional fees. Although many shoppers focus on the MSRP first, lenders and leasing companies do not use it alone to calculate financing or lease payments.

Freight & PDI

The next item is Freight & PDI, which stands for Freight and Pre-Delivery Inspection.

These mandatory charges generally include:

• Transportation from the manufacturing facility
• Vehicle preparation
• Mechanical inspection
• Cleaning before delivery
• Dealer pre-delivery services

Mandatory charges become part of the total vehicle price used to calculate both financing and lease payments.

Regional Fees

Regional fees also affect the overall pricing calculation. Although these fees are typically lower than the MSRP or freight charges, they still contribute to the total vehicle price used to calculate financing and leasing examples.

Total Vehicle Price

The payment chart combines the MSRP, Freight & PDI, and Regional Fees to calculate the Total Vehicle Price. This total serves as the starting point for both financing and leasing calculations.

Finance Rebates

The payment chart also shows whether Honda offers a finance rebate. A finance rebate reduces the amount financed before the lender calculates the monthly payments. In the Accord payment example from the brochure, Honda does not apply a finance rebate, so the financing calculations use the full vehicle price.

Finance APR

APR stands for Annual Percentage Rate and represents the financing interest rate used to calculate loan payments. The Honda Accord payment chart illustrates two financing programs with different repayment terms. Different promotional interest rates can accompany different financing terms, depending on the program offered.

Monthly Finance Payments

Using the total vehicle price, the applicable financing term, and the APR, Honda provides monthly financing examples. The payment illustrations also show how a longer financing term can reduce the monthly payment by spreading repayment over a greater number of months, even when the interest rate differs.

Lease Rebates

The payment chart also identifies any available lease rebates. Lease rebates reduce the amount used to calculate lease payments. For the Accord example shown in the brochure, no lease rebate is applied.

Lease APR

The payment comparison also shows a lease rate. While lease rates appear similar to financing rates, they use a different payment structure because the lease payment is based on the vehicle’s expected value at the end of the lease term rather than the full purchase price.

Monthly Lease Payment

The Honda lease illustration combines the lease rate, lease term, and total vehicle price to calculate a monthly lease payment. Including both financing and leasing examples allows shoppers to compare the different payment structures available for the same vehicle.

Compare Financing Programs

The Accord payment chart presents more than one financing option. The differences between the financing examples reflect both the repayment term and the applicable APR. In general, a longer repayment period results in a lower monthly payment because the balance is spread over more months.

Compare Financing and Leasing

The brochure also includes a leasing example that can be compared with the available financing options. Reviewing both payment structures side by side helps buyers understand how financing and leasing differ, even when they are based on the same vehicle.

Financing Terms

The financing term represents the length of time over which the vehicle purchase is repaid. The Accord payment chart includes multiple financing terms to illustrate how repayment length influences monthly payments. Longer financing terms generally reduce monthly payments because repayment is spread over additional months.

Lease Terms

The lease term represents the length of the lease agreement. The lease payment shown in the brochure is calculated using the lease term, lease rate, and total vehicle price.

Financing Versus Leasing

Although financing and leasing both involve monthly payments, they are structured differently.

With financing:

• Payments gradually repay the purchase price of the vehicle.
• Ownership transfers to the buyer once the loan has been paid in full.
• The financing term determines how long repayment continues.

With leasing:

• Payments are based on the vehicle’s use during the lease period.
• Ownership generally remains with the leasing company.
• The agreement concludes at the end of the lease term according to its conditions.

The Accord payment chart includes both financing and leasing examples to help buyers compare these two approaches using the same vehicle.

Reading the Payment Chart

The Honda payment chart contains several individual figures, each serving a different purpose.

• The MSRP establishes the vehicle’s starting price.
• Freight & PDI adds mandatory delivery and preparation costs.
• Regional Fees contribute to the calculation of the Total Vehicle Price.
• Finance APR and Lease APR determine the applicable financing or leasing rate.
• Finance and lease rebates reduce the financed or leased amount when available.
• Financing and lease terms determine the duration of the agreement.
• Finally, the monthly payment reflects all of these elements working together.

Looking at every section of the payment chart provides a more complete understanding than focusing solely on the monthly payment.

Ontario Payment Examples

Honda specifies that the payment illustrations shown in the brochure:

• Are based on Ontario programs
• Include applicable taxes
• Exclude dealer administration fees
• Exclude in-market loyalty or conquest offers

Honda uses these examples to help Canadian shoppers understand how its financing and leasing programs are structured using a consistent set of assumptions.

How Do You Want to Own Your 2026 Honda Accord

The official Honda Canada Competitor Comparison brochure provides a detailed breakdown of how financing and leasing examples are presented for the Honda Accord Hybrid Touring CVT.

Rather than focusing only on a monthly payment, the chart explains how the MSRP, mandatory freight and regional charges, financing and lease rates, rebates, repayment terms, and lease terms all contribute to the final payment calculation.

Understanding what each section of the payment chart represents helps Canadian shoppers make more informed financing decisions. By reviewing every part of the pricing structure together, buyers gain a clearer understanding of how Honda Canada’s Ontario payment examples are calculated and how financing and leasing options differ.

Disclaimer: Content contained in this post is for informational purposes only and may include features and options from US or internacional models. Please contact the dealership for more information or to confirm vehicle, feature availability.