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Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
3624 messages, Last post on Nov 24, 2009 at 7:59 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gab2409 (Nov 15, 2008 3:30 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gold233790 (Nov 17, 2008 7:56 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: ac21 (Nov 17, 2008 11:39 am) Here are the answers to your specific questions. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2008 Accord Sedan EX 4-cylinder without leather or navigation with 15,000 miles per year are .00184 and 60%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The residual value for a lease with only 12,000 miles per year is 2% higher. The destination charge is considered to be part of vehicles' prices. All consumers have to pay this fee. I don't know why most price guides don't automatically include it in them. Bank on including it in the price that you will have to pay. Invoice including destination is still a very good price for an '09 Accord. Putting money down on a lease is actually a bad idea. It has no impact upon vehicles' money factors or residual values. In fact, I always advise consumers not to make any sort of capitalized cost reduction when leasing. Those who make one risk losing part or all of it if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it is much safer to go with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: dg915 (Nov 18, 2008 7:24 am) The numbers for an otherwise identical lease of an '09 Accord EX-L 4-cylinder Sedan without navigation are .00184 and 59%. You need to have a credit score of 710 or higher to qualify for Honda Finance's top credit tier. If your score is lower than this, your money factor will be higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: goody59 (Nov 21, 2008 7:17 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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hello. I live in Houston, TX and interested in leasing Accord EX-L 6cyl. 36mos x 12k My first question for people who know: 1. Is it doable to get an 08 accord for an invoice or bellow? 2. Money Factor 3. Residual Value 4. Aquis. Fees
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Hi: I am at the end of my Honda lease and only have a 10 day extension. This time I want to lease an Accord sedan XL 4 cyl. Unfortunately I cannot take the time to research pricing, or do hard negotiations. Could anyone tell me what would be a fair monthly payment in Long Island, NY, with no out of pocket (except tags) for 36-39 months? I need to have the lowest monthly payment as possible and would put everything else into the back end. Thanks so much for your help. I don't like doing business like this, but it was not intentional neglect. My mom passed away recently after a long illness and my mind has been trying to deal with that. Again thanks! Best, Kim
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Car_man, Please tell me what you think of this. The selling price for the 09 Accord EXL 4cyl. sedan auto is $24,120 incl. D+H. The money factor is .00184 and the residual is $16,424.25. There is no security deposit due. lease quote for the 09 Accord EXL 4cyl. sedan auto. Honda lease: 36/12 K with $2000 out of pocket your monthly payment will be $269 + tax for 36 mos. |
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Replying to: asheh (Dec 02, 2008 6:53 pm)
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Replying to: bvdj84 (Dec 03, 2008 7:02 am) If you are worried about higher payments take the money that you would have put down to cut the payment in a higher interest savings account. If and when you need to make a lower car payment take some of the money out of savings to help with the payment.
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