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Honda Accord Prices Paid and Buying Experience

24568 messages,  Last post on Dec 07, 2009 at 10:44 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Accord, Coupe, Sedan


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#19960 of 24568
2008 Honda Accord LX-P by tishka72
Apr 01, 2008 (7:18 am)
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I've got an offer for 2008 Honda Accord LX-P. 39 mos/10,000 mi lease for $245/month (tax included) with $850 total out of pocket. Is it a good deal for New York?
#19961 of 24568
Re: Honda Odyssey 2000 EX for sale [kirstie_h] by tudiu
Apr 01, 2008 (7:37 am)
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Replying to: kirstie_h (Apr 01, 2008 7:14 am)

Hi Kirstie,
THanks for the info. I will try that.
#19962 of 24568
Re: 2008 Honda Accord LX-P [tishka72] by jaxs1
Apr 01, 2008 (7:37 am)
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Replying to: tishka72 (Apr 01, 2008 7:18 am)

It almost sounds good based on those numbers, but why stretch the lease out the extra 3 months so you risk being out of warranty even at that low miles?
Plus, you get to pay for another year of registration fees even though you only have the vehicle for 3 months in the final year.
 
It would be easier to understand if it's good if you know how they calculated the payment. What is the capitalized cost and the money factor?
Does the vehicle have the optional automatic transmission?
Are you sure you are only going to drive 10,000 miles per year or less the entire term of the lease?
#19963 of 24568
Re: 2008 Honda Accord LX-P [jaxs1] by tishka72
Apr 01, 2008 (8:05 am)
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Replying to: jaxs1 (Apr 01, 2008 7:37 am)

39 months is a program from the third party lessor.
I hardly make more than 8,000 a year, so 10,000 is more than enough ))
Gross capitalized cost - $21,520.68, I'm not sure about the money factor, I think it's average.
#19964 of 24568
Re: 2008 Honda Accord EX-L 4CYL/AUTO [hp6130] by taol
Apr 01, 2008 (9:42 am)
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Replying to: hp6130 (Apr 01, 2008 5:56 am)

I don't have trade-in or any dealer add-ons. The breakdown of my purchase:
 
Model: EX-L Accord Sedan, I4, auto
Sale+Destination: $22,750
Doc: $55
Tax: 8.25%
Online registration fee: $38 ( I found this a little suspicious later)
DMV fees: $200+
total out-of-door: $24,936
Perks: wheel lock, free tinting (not done yet)
 
We have 15 Honda dealers within 30 miles and the competition is fierce.
#19965 of 24568
Re: 2008 Honda Accord LX-P [tishka72] by jaxs1
Apr 01, 2008 (9:55 am)
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Replying to: tishka72 (Apr 01, 2008 8:05 am)

Since invoice is about $20,700 on an automatic, $21,500 doesn't sound like a great price unless that includes tax and the bank fee. What about the residual? It's hard to really see if it's a good deal when you don't know all the basic details like even the money factor.
They should also have a 36 month lease available. 39 months makes little sense since you will be out of the basic warranty for the last 3 months even if you only have 24,000 miles at the time and you have to pay the next years registration on it and then pay registration again on the next car 3 months later when you turn it in.
#19966 of 24568
Re: 2008 Honda Accord EX-L 4CYL/AUTO [taol] by tudiu
Apr 01, 2008 (9:57 am)
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Replying to: taol (Apr 01, 2008 9:42 am)

Hi TOAL,
Can you provide us with the name of your dealer alone with City name?
My local dealer still wont come down any lower. Still want $23762 for EXL I4, plus Tax& fee. that is $1012 higher than yours.
#19967 of 24568
Re: 2008 Honda Accord EX-L 4CYL/AUTO [tudiu] by taol
Apr 01, 2008 (10:02 am)
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Replying to: tudiu (Apr 01, 2008 9:57 am)

Autowest Honda at Fremont, CA, SF Bay area
#19968 of 24568
Re: 2008 Honda Accord EX-L 4CYL/AUTO [taol] by tudiu
Apr 01, 2008 (10:12 am)
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Replying to: taol (Apr 01, 2008 10:02 am)

Hi TOAL
OMG! I thought you are in NJ area. THat is too far away to save$1000. But thanks again for the info.
#19969 of 24568
08 Accord LX Sedan Automatic by pcjames
Apr 01, 2008 (5:41 pm)
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Got a quote for $19,912 before TTL and other fees. Drive out price for LX Sedan w/auto is quoted at $21,382. Good or bad?

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