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Honda Accord Lease Questions

3631 messages,  Last post on Dec 07, 2009 at 8:58 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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#2824 of 3631
Re: Best trim for under $400 lease. [jb_turner] by bvdj84
Oct 26, 2008 (6:04 pm)
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Replying to: jb_turner (Oct 26, 2008 5:40 pm)

Yes, I have tried doing this several times. It is a real chore. Dealers don't always like to do work like this. Its sometimes better to seek other customers that have had similar deals/experiences.
#2825 of 3631
Re: Manufacturer Lease Specials Good Deal? [akire] by ebetty
Oct 27, 2008 (2:28 am)
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Replying to: akire (Oct 30, 2005 5:10 am)

Hi guys! I appreciate all the info on the site!
 
Do you have any ideas on how to improve this deal?
 
EX-L AT w/NAV v6 AT
MSRP 31425
Invoice 28636
Tax 1061
DMV Misc Fee 250
Acquisition Fee 1175
Gross Cap cost 31122.34
Residual 58 %/ $18226
Sell rate .00250
1000 due at signing (incl first payment)
sales tax rate 6.75%, Ohio
36 mo 15 k mi/yr = $468.79/mo
#2826 of 3631
Re: Best trim for under $400 lease. [bvdj84] by jhinsc
Oct 27, 2008 (4:49 am)
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Replying to: bvdj84 (Oct 26, 2008 1:44 pm)

What highest trim on the Accord do you think I can get for under $400 on a lease?
 
It will depend on the lease rate you can get. I got my 08 EX-L V6 on the leadership purchase plan at 3.9%, $0 down and 0 drive-off, 36/mo, 15k miles per yr, $359/mo. Granted this was an 08, net price was right at invoice, and end value was 56% of msrp or $16,100. The LPP plan is similar to lease (same rates and terms), the only major difference is it's titled in your name vs the lease co. It's works better for me since I can deduct the majority of car expenses for business. Look into it and see if it works for you, either way, lease or LPP should be almost dollar for dollar the same as pymts go. I'm assuming if the rate is the same, the only difference would be the higher cost of the 09 vs 08. So you should be able to get for under $400/mo easily. Good luck!
#2828 of 3631
Re: Manufacturer Lease Specials Good Deal? [ebetty] by bvdj84
Oct 27, 2008 (7:17 am)
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Is this the coupe, they try to up the price on the coupe sometimes.
 
You can certainly do better. I would reply, that I really want that car, but not at that price. State that you will go elsewhere to get a better price, because you seen better.
 
Watch out for any extra fees, accessories.
 
You can do better, your going into Acura territory with that price. The TSX starts around this price range.
#2829 of 3631
by ebetty
Oct 27, 2008 (8:14 am)
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no it's a sedan. a second dealer quoted $479! they're going the wrong way!
#2831 of 3631
Re: [ebetty] by bvdj84
Oct 27, 2008 (1:42 pm)
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Replying to: ebetty (Oct 27, 2008 8:14 am)

Yeah, a dealer is telling me $370 EX-L 4cyl no navi, $412 EX-L 4cyl navi, and then another dealer told me $537 on a loaded Accord, EX-L V6 Navi.? With $0 down!
 
Can they be right?
 
$537 ventures into Acura territory doesn't it? I think I could get a TSX for the price.
 
This one dealer actually went off on me, I just asked questions on why it seemed so high, and its like as if I offended the man, its not personal, its a car, strictly business... He kept talking over me, he would not let me get a word in. Man, I don't expect you to go broke because I want a deal, but don't be a price gouger either. sheesh! I hung up on him, what a moron. None of us have time to play little games, I want straight up information, cut to the chase. I couldn't believe it. What nerve. And to think some are out there paying those ridiculous prices, and buying their games. Poor people. Not all dealers are like this though, some are really nice and understanding. My VW is amazing!! They truly offer great service.
 
 So if I saw correctly someone got an EX-L V6 with Navi for $359 or this range?? Was this $0 down?
#2832 of 3631
Re: [bvdj84] by jhinsc
Oct 28, 2008 (3:31 am)
Reply

Replying to: bvdj84 (Oct 27, 2008 1:42 pm)

So if I saw correctly someone got an EX-L V6 with Navi for $359 or this range?? Was this $0 down?
 
If you're referring to my post, mine is without NAV, and it's 0 down as I stated previously on the LPP plan. NAV equipped Accords will have a lower % of MSRP residual value than non-NAV, which is why pymts can be up to $60/mo more over 36 mo's. People will also get different quotes from dealer based on their credit scores. I think Honda and other lenders now require mid-700's scores to get the best rate. Know your score before shopping to get the best rate.

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