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Honda Accord Lease Questions

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

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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#2879 of 3625
Re: lease offer [bvdj84] by mbradford
Nov 25, 2008 (9:10 am)
Reply

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 3625
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 3625
Re: should I buy my lease car - is it a good price [phxhonda] by toyoman8
Nov 30, 2008 (6:36 pm)
Reply

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 3625
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 3625
Re: lease offer [bulion33] by zman16
Dec 01, 2008 (5:56 am)
Reply

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 3625
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?
#2885 of 3625
Re: lease offer [bulion33] by bvdj84
Dec 01, 2008 (10:06 am)
Reply

Replying to: bulion33 (Nov 30, 2008 10:20 pm)

$670 would be considered monies down wouldn't it? I would not pay that. Why are they asking that? Yes, good deal!
#2886 of 3625
End of Lease inspection by tenstepn
Dec 01, 2008 (7:16 pm)
Reply
Hey guys! I have an end of lease inspection scheduled for next week, and I was just wonder what to expect...I'm a little nervous. Someone rear ended me last March, and did about $1500 worth of damage (confined to the deck lid and rear bumper cover) is this something they are going to ding me for?
 
What about little stuff? Dings - got a couple, scratches? got one of those on my passenger side mirror...
 
What all do they look at? Exterior body, interior? I have new tires..
 
maintenance records?
 
Anyway, someone enlighten me...they are coming to my place of employment and if everything checks out I'll be picking up an 09 Accord EXL after they are done...will I know if I owe anything after the inspection?
 
Ok, that's all!! really!
 
Thanks again!
#2887 of 3625
Re: lease offer [bvdj84] by jhinsc
Dec 01, 2008 (7:37 pm)
Reply

Replying to: bvdj84 (Dec 01, 2008 10:06 am)

Not necessarily. The drive-offs are probably first mo, taxes, misc fees, etc. A down payment would actually reduce the amount financed in the lease. I agree this sounds a great deal, but I would be wary until I saw the lease contract and all the numbers to be sure it was true.
#2888 of 3625
Re: End of Lease inspection [tenstepn] by jhinsc
Dec 01, 2008 (7:52 pm)
Reply

Replying to: tenstepn (Dec 01, 2008 7:16 pm)

Did you have the damage repaired? If not, of course they're going to "ding" you for it. I assume you have an Honda now, and if you have an Honda lease, you can go to the Honda.com website and look up under financial services what the expectations are at lease-end.

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