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Honda Accord Lease Questions

3626 messages,  Last post on Dec 03, 2009 at 1:12 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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#2875 of 3626
Accord Sedan EX - paid $20,000 by ac21
Nov 23, 2008 (12:34 pm)
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fyi for future buyers, just signed in Chicago at Fletcher Jones Honda for a Accord Sedan EX I4 -
 
36mo/15K miles Balloon Financing (leasing is a bad option in Chicago);
 
Invoice + Dest: 20662
Cash Price: 20,000
APR: 5.3% ( AHFC standard)
Resididual 60% (AHFC standard)
Taxes: 9.25% (i love chicago)
 
good luck everyone.
#2876 of 3626
Re: lease offer [bvdj84] by pej7445
Nov 25, 2008 (5:11 am)
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Replying to: bvdj84 (Nov 23, 2008 7:09 am)

BVD84,
 
Wow - $332/mo for an EX-L w/ NAV? Where was that? I'm getting quotes of 439/mo (12k/year).
 
Any info would be much appreciated.
#2877 of 3626
Re: lease offer [pej7445] by bvdj84
Nov 25, 2008 (8:00 am)
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Replying to: pej7445 (Nov 25, 2008 5:11 am)

I know, I am very curious on why that is so low, I got the quote I believe in Indianapolis. I got a quote from $484 to all the way down to $332. I don't know why I even bother getting quotes from my local dealer, which is Bob Rohrman Honda, their quotes are always higher than the rest. I always ask for a sale price, but I would be curious on what their doing to keep the payments up. Lease rates, tweaking on the back end. Some dealers are more than happy to get you a good deal. They need to, many are holding off, saving, I would too. Don't be in a hurry. As much as I want to get an Accord or Acura TSX, I think if wait til spring, it'll be worth it.
 
Now, the low quote I got was apparently an "internet" quote.
#2878 of 3626
Re: lease offer [pej7445] by bvdj84
Nov 25, 2008 (8:06 am)
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Replying to: pej7445 (Nov 25, 2008 5:11 am)

I think your $439 isn't bad. I think its sale price is around the base model of the TSX. So the lease payments are close. I think if I put $1k down, I could get around $400. Which is good, I am seriously thinking a V6 would be worth it, considering the mileage. But, I do love the looks of the Acura, plus its paddleshifters, which the Accord is so lacking when compared to other cars now.
 
What was your sale price on the quote?
#2879 of 3626
Re: lease offer [bvdj84] by mbradford
Nov 25, 2008 (9:10 am)
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Replying to: bvdj84 (Nov 23, 2008 7:09 am)

Wow! Are they requiring you to put anything down? Even TTL/fees? Is it an 08 or an 09?
#2880 of 3626
Central NJ Lease Quote by asheh
Nov 29, 2008 (12:14 am)
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Here is your lease quote for the 09 Accord LXP sedan auto.
Honda lease: 36/12 K with $2000 out of pocket your monthly payment will be $219 + tax for 36 mos .
 
The 09 Accord EX 4cyl. sedan auto : Honda lease: 36/12 $2000 out of pocket your monthly payment will be $244 + tax for 36 mos.
 
The 09 Accord LXS coupe auto : Honda lease:36/12 K with $2000 out of pocket your monthly payment will be $244 + tax for 36 mos.
 
The 09 Accord EX 4cyl coupe auto : Honda lease: 36/12 K with $2000 out of pocket your monthly payment will be $255 + tax.
 
Not sure what the make of it.
#2881 of 3626
Re: should I buy my lease car - is it a good price [phxhonda] by toyoman8
Nov 30, 2008 (6:36 pm)
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Replying to: phxhonda (Nov 07, 2008 7:04 pm)

forget KBB, go on craigslist and see what other sell the car for. go on cars.com and see what other dealers and people sell it for if the residual value is close to what people sell, then you did good buy the car off, if not well you know the answer to your question
#2882 of 3626
Re: lease offer [bvdj84] by bulion33
Nov 30, 2008 (10:20 pm)
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Replying to: bvdj84 (Nov 23, 2008 7:09 am)

Hi bvdj84...I too was offered a similar quote to yours. Here's what a dealer in SoCal quoted me:
 
2009 Honda Accord Sedan EXL w/Navi
MSRP $ 31,425.00
Internet $28,514.92
 
Lease Terms: 36 mos./ 15,000 miles $00.00 down payment
36/15K Drive off's ($670.97)
$351.51 includes taxes
 
However, when I put in his residual (55%) and money factor (.00184) the math doesn't add up. Am I calculating this wrong or is he trying to pull my leg just to get me into the dealership? I basically said that if I can get this quote in writing I'm there to pick up the car. Do you guys think this a good deal?
#2883 of 3626
Re: lease offer [bulion33] by zman16
Dec 01, 2008 (5:56 am)
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Replying to: bulion33 (Nov 30, 2008 10:20 pm)

Hi Bulion,
 
That is a great deal if he holds up on the quote. I would be suspicious but they could be getting extra incentives from honda for meeting a sales quota or something.
 
Let us know how you make out.
#2884 of 3626
Re: Central NJ Lease Quote [asheh] by 2keylicious
Dec 01, 2008 (9:26 am)
Reply

Replying to: asheh (Nov 29, 2008 12:14 am)

i got a quote from a honda dealer on an LXP sedan - 36/12 $259 month with $1800 out of pocket (tax, DMV, first payment). can i do better?

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