You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience

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

Messages Page 242 of 2457 1 ... 239 240 241 242 243 244 245 ... 2457 Prev Next Last

Go To Msg # Search This Discussion

#2411 of 24568 valli2 by cusafr Aug 02, 2003 (5:46 am)
Answers to those questions are too long for this place. Layman's answer is same as my last post. From everything I read, MY OPINION, is you would be most happy with the Honda. Drive them both and you will know. The details you are asking about now are really insignificant for an every day family car. GO-BUY-BE HAPPY!   CUSAFR
#2412 of 24568 Just got a 2003 Accord EX-L by spyin78 Aug 02, 2003 (1:48 pm)
Hey Everyone, I'm new to the board and just wanted to get some feedback. I think I got a decent deal for Long Island, but the dealer scammed me. I got the car for $22,187 but the salesman said that the Honda Clearance entitled leases as well as financing to a 2.9% rate. When in fact it was over 5.1%. Also there was a RENTAL FEE of nearly $3,700 that the dealership refused to explain. Can anyone explain the rental fee for leases? How it is derived? I feel like I got a good deal on the actual price of the car but got taken on the RENTAL FEE... Can anyone help me out there?
#2413 of 24568 i thought by winbro Aug 02, 2003 (3:11 pm)
honda is no longer leasing in NY ? hope you did not make the deal yet.   "there was a Also RENTAL FEE of nearly $3,700 that the dealership refused to explain. Can anyone explain the rental fee for leases? How it is derived?"   if they refused to answer such a question WALK AWAY QUICKLY
#2414 of 24568 Wanted to walk.. by spyin78 Aug 02, 2003 (6:59 pm)
Honda extended leasing until 7/31. I have seen the rental fee before on other leases that I have had, but here they didn't know how to explain the fee. I signed paying $320 for 48 months. Paid $351 to get the car out the door. I think I got scammed.. but I dunno! HEEEELP!
#2415 of 24568 spyin78 by winbro Aug 03, 2003 (2:08 am)
is there a baloon payment at the end of the lease? could that be this so called rental fee?   I guess only you can decide if you got scammed by doing some comparisons. your payments add up to $15,711 over 48 months which includes the $351 OTD payment. You probably have to pay the $3700 at the end of the lease to own the car then. That brings the total up to $19,411.   If that's all the $3700 is and you still have the option to turn it back in and walk away, you probably did OK.
#2416 of 24568 winbro by spyin78 Aug 03, 2003 (11:20 am)
It appears the the $3700 was divided up over the 48 months. The buyout at the end of the lease is something like $12,000. Yes, I can walk away at the end of the lease and owe nothing but excess miles, if I so choose. I really just want to know what the RENTAL FEE is.. and how it is made up.. it's like the unknown that you just want to know. hahah
#2417 of 24568 discount off the invoice price for 2003 accord by toad500 Aug 03, 2003 (8:07 pm)
I would appreciate if someone could help me: i am perplexed. I visited a dealership and they appeared to be unwilling to go below the "base price + $300" mark. This is my thoght on purchasing a 2003 Accord: If the dealer will not discount off the base price, by at least $2000, which would be the current depreciation on a Honda Accord, then would it not be worth my while to simply wait until October and get a 2004 Accord(for vvery little more than a 2003 Accord) for the base price plus $300? Any thoughts on this and anyone out there able to get a discount to this extent? Thanks for any comments.
#2418 of 24568 $2000 off invoice? by ral2167 Aug 04, 2003 (2:55 am)
kinda wondering why you expect to get $2000 off invoice?? what does depreciation have to do with it??   i dont know of any rebates by honda. maybe low financing, but no rebates.   i could be wrong.   best ploy i would suggest is "act" like you're just as happy to go buy a camry-- toyota's sellling those for $1000 below invoice or more with rebates.   seems to me your expectations are too high-- $2000 off invoice on an accord?? am i nuts?
#2419 of 24568 could be anything then by winbro Aug 04, 2003 (3:50 am)
the RENTAL FEE sounds more & more like a profit making expense. a way for the dealer to get his holdback fee from honda, advertising etc. and depreciation over the 4 years. They probably should not have mentioned it (unless it is specifically mentioned in the contract). Just given you the bottom line lease figure.
#2420 of 24568 discount off the invoice price for 2003 Honda Accord by toad500 Aug 04, 2003 (4:26 am)
Response to ral2167:   Thanks for your response to my inquiry. My point is this: The 2004 Accords are due to arrive at the dealership in less than 60 days. If you have the choice of paying the base price plus $300 for a 2003 Accord versus a 2004 Accord, which one would you buy? You would obviously buy the 2004 because it has not depreciated, and anyone who has been in an auto accident and received an offer from their insurance company for a total loss to their vehicle shortly after buying their new car will know what I am talking about.   To me, depreciation has everything to do with this: avoiding depreciation is a MAJOR reason that people buy Hondas to begin with. Since this is the case and since the brand new 2003 Accord will be one year old in the timespan of 60 days, why isn't Honda giving any consideration for this? I guess there are people out there that do not understand how depreciation works and Honda dealerships are able to take advantage of this.   Thanks for you help. I "depreciate" it. Any other responses out there?

Messages Page 242 of 2457 1 ... 239 240 241 242 243 244 245 ... 2457 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Accord Prices Paid and Buying Experience