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Honda Accord Lease Questions

3630 messages,  Last post on Dec 06, 2009 at 9:12 PM

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

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


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#11 of 3630
EX-V6 Sedan w/MT by typesdriver
Sep 26, 2005 (10:08 am)
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Sorry if the answers above actually take care of this question, but could you give me the numbers for the following:
 
2006 Honda Accord EX-V6 Sedan Manual Trans & Navigation
36, 39 & 42 Month lease residuals and money factors
12k miles per year
 
Thanks in advance!
#12 of 3630
2006 Accord LX Automatic by gen1
Sep 26, 2005 (5:36 pm)
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Car man, can you give me the current:
42 Month lease residuals and money factors
12k & 15k miles per year
for 2006 Accord LX Automatic Sedan (Model CM5646EW)
Thank you!
#13 of 3630
Duplicate VIN# - happened to me! by jjbimmer
Sep 30, 2005 (12:13 pm)
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Replying to: alexanderf (Sep 18, 2005 1:19 pm)

I bought out my leased Honda Accord last week. It's a 2002 Accord LX Coupe and I had been the only-ever owner (picked it up with 31 km's on it). Since the car has low mileage and is in excellent shape, buying out the lease and then reselling it made perfect sense to me.
  
In acquiring the used-car-sale package (required in Ontario to sell a used car), I found that somebody who I had never heard of had a lien against by VIN#. Further investigation with the help of Honda Canada revealed that somehow, somebody else had leased a car with exactly the same VIN# (hence the lien). This other party was contacted and asked to verify their VIN aginst their ownership (to rule out a data entry error) - they have verified that the VIN on the vehicle itself matches the VIN on my vehicle.
  
My guess at this point is that the other car was illegally resold (possibly stolen or previously written off).
  
I'm wondering if Honda Canada had sold me my vehicle without first doing a lien check to ensure that the car was actually sellable. At the very least, I did not get full disclosure. I cannot resell the vehicle until they figure out this mess - so how could Honda have sold me that vehicle under the same conditions?
  
Any advice on how to proceed? Do I have any legal case against Honda? This is in Toronto, Ontario.
  
Thx,
-jj
#14 of 3630
October MF & Residuals for EX-L & EX V6 by nvnick
Oct 04, 2005 (11:31 am)
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Replying to: Car_man (Sep 26, 2005 2:31 am)

Car_man,
 
Thanks for the reply on the 2005 Accord, looks like the 2006 deals are better. Are the residuals for October still 59% (36mo/36k) and 57% (36mo/45k)? MF still 0.00192? Thanks for the great service you provide here at Edmunds!!!
 
I'll check the Passat forum for 2006 2.0t numbers, may the best car also be cheaper!
#15 of 3630
Re: EX-V6 Sedan w/MT by Car_man HOST
Oct 05, 2005 (2:02 am)
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Hi typesdriver. The above posts wouldn't exactly answer your question because Honda just introduced a new lease program yesterday. If you were to lease a 2006 Honda Accord EX-V6 Sedan with Navigation 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 .00192 and 57%, respectively. The numbers for otherwise identical 39 and 42 month leases should be .00192 and 53%.
 
Car_man
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Smart Shopper / Prices Paid Forums
#16 of 3630
Re: 2006 Accord LX Automatic by Car_man HOST
Oct 05, 2005 (2:04 am)
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Here's the information that you are looking for, gen1. If you were to lease a 2006 Honda Accord LX 4-cylinder Sedan through Honda Finance right now for 42 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00184 and 53%, respectively. Its 12,000 miles per year residual value would be 2% higher.
 
Car_man
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#17 of 3630
Re: Duplicate VIN# - happened to me! by Car_man HOST
Oct 05, 2005 (2:08 am)
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I am very sorry to hear about this messy situation jjbimmer. I am not all that familiar with the Canadian market and do not know exactly how you should proceed in your country. A number of knowledgeable community members frequent the following discussion, perhaps they will have some suggestions for you: "Any Questions for a Car Dealer?".
 
Car_man
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#18 of 3630
Re: October MF & Residuals for EX-L & EX V6 by Car_man HOST
Oct 05, 2005 (2:11 am)
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You're very welcome nvnick. Honda Finance's 36 month, 15,000 miles per year lease program for the cars that you are interested in are exactly the same in October as they were late last month (.00192 / 57%).
 
Car_man
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#19 of 3630
2006 Accord EXV6 Coupe by wayde
Oct 06, 2005 (12:24 pm)
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Hi Carman -
Can you tell me what I should expect to pay for a lease with just 1st payment and plates down?
2006 Accord EX V6 Coupe 6 Speed / Auto (haven't decided yet)
MSRP 27950
Sell Price 26000 (shooting for)
36/36k or 42/42k
Thanks!
#20 of 3630
Re: 2006 Accord EXV6 Coupe by Car_man HOST
Oct 09, 2005 (5:18 am)
Reply
Hey wayde. Let's estimate a lease payment for this car and see what we come up with. According to my calculations, if you were to lease a 2006 Honda Accord EX V6 Coupe with an MSRP of $27,950 and a selling price of $26,000 through Honda Finance right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment should be around $346. The payment for an otherwise identical 42 month lease should be around $339. For the money, the Accord makes a great lease vehicle.
 
Car_man
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