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Honda Accord Lease Questions

3600 messages,  Last post on Nov 10, 2009 at 3:46 AM

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

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#2885 of 3600 Re: lease offer [bulion33] by bvdj84 Dec 01, 2008 (10:06 am)
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! Replies to this message: jhinsc (Dec 01, 2008 7:37 pm) bulion33 (Dec 01, 2008 8:00 pm)
#2886 of 3600 End of Lease inspection by tenstepn Dec 01, 2008 (7:16 pm)
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! Replies to this message: jhinsc (Dec 01, 2008 7:52 pm) tenstepn (Dec 01, 2008 8:16 pm) goody59 (Dec 03, 2008 11:30 am) tenstepn (Dec 03, 2008 6:07 pm) kyfdx (Dec 03, 2008 6:58 pm)
#2887 of 3600 Re: lease offer [bvdj84] by jhinsc Dec 01, 2008 (7:37 pm)
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. Replies to this message: bulion33 (Dec 01, 2008 8:00 pm)
#2888 of 3600 Re: End of Lease inspection [tenstepn] by jhinsc Dec 01, 2008 (7:52 pm)
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. Replies to this message: tenstepn (Dec 01, 2008 8:16 pm)
#2889 of 3600 Re: lease offer [jhinsc] by bulion33 Dec 01, 2008 (8:00 pm)
Replying to: jhinsc (Dec 01, 2008 7:37 pm) Yes, you are correct. It's actually first month (with tax included), misc fee, etc. I am NOT putting anything down. It's funny though because the dealer said that he would honor this quote and that it's a legit deal but yet would not give me the selling price of the car. He gave me some "internet special" price as I guess the selling price when he initially sent me his quote but when I did the math with the numbers didn't come out to what was quoted. I am supposed to go into the dealership some time this week so I will keep you all posted.
#2890 of 3600 Accord Lease Buyout Questions by teach42 Dec 01, 2008 (8:01 pm)
The lease on my 2007 Accord V6 SE 4dr goes up in January and I'm debating what to do. Residual is 16,894. Car has 18,500 miles, on a 12K per year lease, so I'm well under.   What I don't understand is how to determine what the car is actually worth. Do I have any positive equity in the car that I could use as a trade in towards a new car/lease? Or should I just buy it out since I know the miles are relatively low and I know I've driven it easy...   This is my first lease, so I'd appreciate any assistance people can give me.
#2891 of 3600 Re: End of Lease inspection [jhinsc] by tenstepn Dec 01, 2008 (8:16 pm)
Replying to: jhinsc (Dec 01, 2008 7:52 pm) Yes, the damage was repaired and looks just like new! - Thanks for your reply!
#2892 of 3600 Re: Residual value on 36 months Lease ??? [bvdj84] by Car_man HOST Dec 02, 2008 (2:51 am)
Replying to: bvdj84 (Nov 14, 2008 6:43 am) Hey bvdj84. The lease programs for the 2009 Accord and 2009 TSX are actually fairly similar right now. The TSX's residual values are slightly better, but its money factor is slightly worse.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2893 of 3600 Re: [gab2409] by Car_man HOST Dec 02, 2008 (2:57 am)
Replying to: gab2409 (Nov 15, 2008 3:30 pm) Hi gab2409. The lease programs for the 2009 Accord and 2009 TSX are actually fairly similar right now. The TSX's residual values are slightly better, but its money factor is slightly worse. Given its higher MSRP, I don't see how the TSX would be cheaper to lease right now. What quotes are you getting on both of these cars?   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2894 of 3600 Re: EX-L w/Nav coupe [gold233790] by Car_man HOST Dec 02, 2008 (3:03 am)
Replying to: gold233790 (Nov 17, 2008 7:56 am) Here's the information that you're looking for, gold233790. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Accord Coupe EX-L 4-cylinder with navigation and 15,000 miles per year are .00184 and 55%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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