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Honda Accord Lease Questions

3625 messages,  Last post on Dec 01, 2009 at 6:00 AM

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

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#2833 of 3625 Re: [bvdj84] by jhinsc Oct 28, 2008 (3:36 am)
Replying to: bvdj84 (Oct 27, 2008 1:42 pm) 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.   It seems dealers seem to quote leases or pymts NOT based on good credit scores AND inflated prices. Why can't they do what mortgage lenders do - quote base on great credit scores and terms fully disclosed? (ie; 740 credit score and 1 point) It would make more sense to me to see it done that way, then they can quote your specific pymt based on your personal data. Bottom line is to find a dealer whom you're comfortable with and you think is honest with you. If a dealer quotes you a ridiculous pymt/price, just tell them it's seems high and you'll keep looking elsewhere. Replies to this message: bvdj84 (Oct 28, 2008 4:07 am)
#2834 of 3625 Re: [jhinsc] by bvdj84 Oct 28, 2008 (4:07 am)
Replying to: jhinsc (Oct 28, 2008 3:36 am) I know, it is unfortunate that buying a new car is so competitive, I did tell the salesmen that his quote was too high, and he too so much offense, he literally shut down on me. It was amazing how he switched gears on me so fast. I was just being straight up honest, I told him, I understand the business, and don't expect him to not make the $100 off the deal. But, I stated, I want a fair deal. The deal was too high. There are dealers that will only move cars at higher prices, rather than keep the cars moving rapidly, at low, medium, higher prices, then atleast your dealership is moving cars off the lot, and not cutting into costs, collecting dust. Cars sitting on the lot for long periods of time is not cost affective. If there is a customer wanting to get a car, and they are so close to moving it, but have to adjust a bit, (not take a huge hit) but an adjustment, then I would move it. Then the car is off and gone! My local dealer does this, keeps the cars on the lots, unless sold at their higher price. As a salesmen, I would ask the customer, how close am I to the number you want, and I try to meet them there, instead of saying "no, I cannot do that". Now if there number is way off, then of course, No. But usually if you level with a customer, then you can work something out, making both parties feel important and respected. Notice that the more personable, social sales reps are higher ranked than the others, They are usually sales of the month, because they know how to reach the customers level. Acting all fake or snobby,smothering the customer will get you no where typically. Anyway...lol Rambling   Sometimes though doing business over the phone where you cannot see the numbers in person is not really smart. I believe my credit is in the 700's, and before the always bumped me up to super preferred.
#2835 of 3625 New Honda Accord Lease Offer by dif Oct 28, 2008 (1:06 pm)
I have just received the following lease offer after a reasonable amount of research and was happy to hear these numbers. Please let me know if this offer sounds reasonable.   Honda Accord EX 36 month 15k miles/year $1,790 Total Out-of-Pocket $290/month Replies to this message: Car_man (Oct 30, 2008 3:20 am)
#2836 of 3625 by zman16 Oct 28, 2008 (6:27 pm)
My local honda dealer just notified me that Honda is offering a reduced MF on all 36 accord leases. The MF rate has been reduced to 0.00157 the rate is good until the end of this month an he said it may be extended.   This is the deal I received on a 09 V6 ex-L sedan.   12000/year 36 mos MSRP 29475 Selling price 26774 (includes destination) Residual = 60% MF = 0.00157   I'd prefer to lease a new maxima so I will probably wait to see if Nissan lowers their MF next month. They are only offering 500 cash incentive towards leases at the moment.
#2837 of 3625 Re: New Honda Accord Lease Offer [dif] by Car_man HOST Oct 30, 2008 (3:20 am)
Replying to: dif (Oct 28, 2008 1:06 pm) Hi dif. Looking at this car's selling price is a great way to tell how good a deal this is. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. I personally would never lease anything without knowing what price I was being charged for it. If you tell us what this number is, I am sure that either myself or another knowledgeable community member will be happy to give you their opinion on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2838 of 3625 Lease rates better? by bvdj84 Oct 30, 2008 (4:40 pm)
Okay, is it just me, that the loaded Accord is perhaps more than a base model TSX lease? That would make sense, because the TSX base price is around that range, but it seems to me you could get into a TSX cheaper, even perhaps with the tech package.   Whats wrong with this picture?   Would one want to get the TSX? Replies to this message: bvdj84 (Nov 06, 2008 7:11 am) 10sfan (Nov 06, 2008 8:45 am)
#2839 of 3625 buying my 06 Accord at Lease end? by drnick5 Nov 05, 2008 (11:29 am)
my lease is coming up for my 2006 accord EXl w navi   I'm WAY under the miles (I'm at about 33,000 and have a 3 year 45,000 mile lease) so I'm sort of forced to buy it.   anyway, I'm wondering the BEST way to go about this. should I finance through the dealer? go to a private credit union? is my buy out price negotiable? any other tips you can recommend for doing this?   thanks in advance! Replies to this message: kingpcgeek (Nov 05, 2008 1:07 pm)
#2840 of 3625 Re: buying my 06 Accord at Lease end? [drnick5] by kingpcgeek Nov 05, 2008 (1:07 pm)
Replying to: drnick5 (Nov 05, 2008 11:29 am) why are you forced to buy because you are under miles? that makes zero sense.
#2841 of 3625 by drnick5 Nov 05, 2008 (1:12 pm)
well, I'm technically not forced.... but in my opinion if I give the car back and lease another one, arn't I just giving the dealer equity? (given the fact I have paid for 45,000 miles of depreciation and only driven 33,000)?   what doesn't make sense about that? Replies to this message: kingpcgeek (Nov 05, 2008 1:20 pm) kyfdx (Nov 05, 2008 1:30 pm)
#2842 of 3625 Re: [drnick5] by kingpcgeek Nov 05, 2008 (1:20 pm)
Replying to: drnick5 (Nov 05, 2008 1:12 pm) You are not giving the dealer a thing, its not their car. The car is the property of Honda Finance. All the dealer does is hold the car for Honda until it is taken to auction.

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