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Honda Accord Lease Questions

3629 messages,  Last post on Dec 04, 2009 at 9:38 PM

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

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#2659 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [wchang] by kingpcgeek Aug 03, 2008 (9:07 pm)
Replying to: wchang (Aug 03, 2008 8:15 pm) The "595 bank fee" is the Honda Finance lease acquisition fee. It does not go to the dealer, it goes to Honda finance. You are going to have to pay it if you want a lease from Honda. Good luck on getting the doc fee waived, I've never heard of a dealer that did not charge one. Replies to this message: mplshondadlr (Aug 04, 2008 7:05 am) kingpcgeek (Aug 04, 2008 7:17 am) jcastaldo (Aug 04, 2008 7:20 am) mplshondadlr (Aug 04, 2008 8:19 am)
#2660 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [kingpcgeek] by mplshondadlr Aug 04, 2008 (7:05 am)
Replying to: kingpcgeek (Aug 03, 2008 9:07 pm) KINGPCGEEK is correct. The $595.00 bank fee goes to Honda, not the dealership. The ACQ fee helps cover the GAP and $1500.00 damage waiver at the end of the lease - both of which are free to the leasee. Remember, Honda does not charge a lease disposition fee either - most non-captive (BofA, Wells Fargo ETC...) do charge you a fee when you don't buy the lease out.   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. Replies to this message: kingpcgeek (Aug 04, 2008 7:17 am)
#2661 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [mplshondadlr] by kingpcgeek Aug 04, 2008 (7:17 am)
Replying to: mplshondadlr (Aug 04, 2008 7:05 am) Yes the dealer documentation fee is profit. Here in Minnesota it is capped at $75.00   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.
#2662 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [kingpcgeek] by jcastaldo Aug 04, 2008 (7:20 am)
Replying to: kingpcgeek (Aug 03, 2008 9:07 pm) I disagree with you. I just leased a pilot two months ago. There was no bank fee. This is a BS fee. The dealer can waive these fees, I have my lease agreement to prrove it. Replies to this message: mplshondadlr (Aug 04, 2008 8:19 am)
#2663 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [jcastaldo] by mplshondadlr Aug 04, 2008 (8:19 am)
Replying to: jcastaldo (Aug 04, 2008 7:20 am) Not a Honda lease. The $595.00 ACQ fee CAN NOT be waived.
#2664 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [kzia] by kzia Aug 04, 2008 (9:15 am)
Replying to: kzia (Aug 02, 2008 3:24 pm) Thanks everyone for responding. According to the Honda lease details:   "$2,599.00 total due at lease signing (includes first month's payment, AHFC upfront acquisition fee and capitalized cost reduction; with no security deposit. Total net capitalized cost and base monthly payment does not include tax, license, title, registration, documentation fees, options, insurance and the like)."   So my understanding is that for this lease, AHFC upfront acquisition fee (which I believe is $595) is included in the $2,599 payment, but any other documentation fees charged by the dealer is not. Replies to this message: kingpcgeek (Aug 04, 2008 9:19 am)
#2665 of 3629 Re: 2008 Accord Sedan LX 4-Cyl Lease [kzia] by kingpcgeek Aug 04, 2008 (9:19 am)
Replying to: kzia (Aug 04, 2008 9:15 am) that is correct
#2666 of 3629 Accord Coupe Rates/Residuals by dodgehappy Aug 05, 2008 (4:44 am)
Helping my sister shop for a new Accord Coupe or Civic Coupe. What are the rates/residuals for an 08 Accord coupe LX-S, EX, and EX-L 12K per year? Also, if we bump up to 15K per year, how much difference will that make? Replies to this message: Car_man (Aug 07, 2008 1:21 am)
#2667 of 3629 Dealer Cash? by dodgehappy Aug 05, 2008 (8:50 am)
Is there any dealer cash out there for the 08 Accords? Our dealer is saying he will do $200 under invoice on an 08 Accord Coupe but I was wondering if Honda has any cash incentives out there he may be holding back. I know when we leased our Odyssey a couple months ago there was an extra $1000 from Honda for the van. I was hoping for the same type of etra money for the accords. Replies to this message: kingpcgeek (Aug 05, 2008 9:23 am)
#2668 of 3629 Re: Dealer Cash? [dodgehappy] by kingpcgeek Aug 05, 2008 (9:23 am)
Replying to: dodgehappy (Aug 05, 2008 8:50 am) there is no dealer cash for Accords

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