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Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
3620 messages, Last post on Nov 20, 2009 at 8:08 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi everyone. Please use the following discussion to post any questions that you have about leasing a Honda Accord. Thanks. Car_man Host Smart Shopper / Prices Paid Forums
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Can you give me the residual values and MFs for a 36 mo 36k lease on a 06 Accord Value Package?
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Replying to: danny14 (Sep 15, 2005 6:20 am)
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I know this is off-topic, but only slightly off-topic.  Could you give me the residual values and MFs for a 36 mo 45k lease on a 06 Civic LX Coupe? Thanks! |
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A: If you were to lease a 2005 Honda Accord sedan VP through Honda Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00255 and 50%, respectively. this assumes that you pay a security deposit and qualify for Honda's stop credit tier.  . Car_man Host Smart Shopper / Prices Paid Forums |
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Hi jnuzzi. Please post any questions that you have about leasing a Honda Civic in the following discussion: "Honda Civic: Lease Questions". Thanks. Car_man Host Smart Shopper / Prices Paid Forums |
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Honda states on its website that special lease rates are available on all new 2006 Accord models through 10/31/05. Have the residual values and/or MFs gotten better in the last few days? Last week I I believe the residual and MF on a 06 EX V6 for 3 year, 36K miles was 59%, .00250 respectively.
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| Car man, can you give me the current MF & res for 36 month, both 12k & 15k miles? I believe the August numbers were .00113 and 54/52%. Message #5 above on the VP scares me -- did Honda increase the MF to more than the 2006 number, and decrease residuals? | |
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Hi maltbie. While Honda was not providing any sort of lease support on the 2006 Accord early on this month, on September 20th it introduced a special lease program on this car. The residual value that I quoted you for this car earlier would be the same, but Honda Finance's new buy rate lease money factor for a 36 month lease of a 2006 Accord Sedan EX V6 is now .00192. Car_man Host Smart Shopper / Prices Paid Forums |
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Hello nvnick. Unfortunately, Honda terminated its special lease program on 2005 Accords. Its residual values are lower and you have to use Honda's standard lease money factors to lease one this month. If you were to lease a 2005 Accord EX V6 sedan through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00255 and 51%, respectively. At least, the dealer cash that Honda is providing on this car, $1,200 on '05 Accord V6 Sedans, is no compatible with leases through Honda Finance. Make sure to take it into account when negotiating your car's capitalized cost. Car_man Host Smart Shopper / Prices Paid Forums
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