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Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
3606 messages, Last post on Nov 11, 2009 at 4:37 AM
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I just visited a local Honda dealer (Planet Honda, Union, NJ) to get more information about the nationally advertised Honda lease: "2008 Accord Sedan LX 4-Cyl Featured Special Lease" on http://automobiles.honda.com/current-offers.aspx?ModelName=Accord%20Sedan. I specified that I was looking for a basic 2008 Honda Accord Sedan LX (4-cyl), automatic transmission, no options added (as specified in the lease ad). Basically, it is a 36 month lease with $2,599 down, 12k miles, for $219 per month. The dealer added fees totaling up to $1,735 (included bank fee, first month payment, documentation fee, registration/license/title fees, tire tax, window etching fees, etc), all of which according to him are "required" and due at the time of lease signing. My question is: what is the lowest additional fees have shoppers found for this nationally advertised lease and from which dealer? Thanks. |
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Replying to: kzia (Aug 02, 2008 3:24 pm) Foundation of America. |
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Replying to: kingpcgeek (Aug 02, 2008 1:27 pm) |
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Replying to: kzia (Aug 02, 2008 3:24 pm) Bank Fee goes into dealers pocket documentation fee goes into dealers pocket window etching - not required by law. If required by Honda it should be free or included in the price Also if you have good credit (over 700) you can get a better deal than the one offered by Honda finance. I just got in a 2008 Honda Accord V6 EX-L with Navigation for $328 month total with $1500 paid at signing. You need to go in knowing what is BS and what is true or they will take you for a ride.
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Replying to: jcastaldo (Aug 03, 2008 4:38 pm) In fact, I find it complete BS that both dealerships included the Bank Fee ($595) into the sales tax and lease calculations regardless whether I would pay it up front or not.. |
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Replying to: wchang (Aug 03, 2008 8:15 pm) |
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Replying to: kingpcgeek (Aug 03, 2008 9:07 pm) Yes the dealer documentation fee is profit. Here in Minnesota it is capped at $75.00. But, it does help to cover the cost of the office support staff. If your are really upset about having to pay a doc fee, ask the dealer to reduce the selling price = to the doc fee. The doc fee will still be on the paperwork, but you're not paying it. I've had to do that six times in my ten years of selling cars.
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Replying to: mplshondadlr (Aug 04, 2008 7:05 am) Must be nice. Here in Phoenix I have found the low end to be $349 at a Honda dealer to $689 at a Lexus dealer. |
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Replying to: kingpcgeek (Aug 03, 2008 9:07 pm)
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Replying to: jcastaldo (Aug 04, 2008 7:20 am) |
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