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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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#2936 of 3625
09 honda accord lx pzev 4 door automatic by reechz
Dec 10, 2008 (10:31 am)
Reply
For a Honda 4 door Accord LX PZEV w/ Automatic transmission I was offered:
36 months $226.10 with $1264 down (for $595 assignment fee and $660 down payment).
Residual value is $13,335 and annual miles is 12,000
 
This is on Long Island, NY
 
is this a good deal?
thanks!
 
#2937 of 3625
09 accord LX Lease deal/question by HondaHonda765
Dec 13, 2008 (11:03 am)
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I'm thinking of ending my ridgeline lease a few months early and picking up an 09 LX.
 
This is what I'm shooting for, is it too high? Can I do better?
 
I'm going to have the dealer roll my remaining Ridgeline payments into this lease ($1500). I'm shooting for 36 months (35 payments) $0 up front, $300 dollars a month with a residual of 13779.
#2938 of 3625
09 Accord EX-L NAV lease/deal question by jerseyboy92
Dec 13, 2008 (12:16 pm)
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So i was just at a local dealership in NJ last night and after a lot of talk we came to a conclusion of $8,700 for 24 months. No payments after that, just pay that amount up front and i have an EX-L with navigation for 24 months.
 
How does this sound? Can i do any better because it sounds good to me. They origonaly offered me a lease of around $440 for 24 months with no down payment and 2,200 in taxes and fees.
#2939 of 3625
Re: 09 Accord EX-L NAV lease/deal question [jerseyboy92] by HondaHonda765
Dec 13, 2008 (12:49 pm)
Reply

Replying to: jerseyboy92 (Dec 13, 2008 12:16 pm)

no expert here either, but $360 a month for 24 months and no other fees sounds really good to me too.
#2940 of 3625
Re: 09 accord LX Lease deal/question [HondaHonda765] by jhinsc
Dec 13, 2008 (6:36 pm)
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Replying to: HondaHonda765 (Dec 13, 2008 11:03 am)

I don't think it's as simple as "rolling" the remaining payments into the next lease. When you sell or trade your Ridgeline before the lease end date, it has to be bought out for the payoff amount at the time you do it. The dealer will give you a trade-in amount, subtract the payoff amount, and then the likely negative difference will be rolled into the lease, if it can be done. Not knowing the numbers, my guess is it most likely will be more than $1,500. Find our what your payoff amount is, and what the trade-in value is, then you'll know where you stand. Also find out what your lease payments would be without a trade-in with $0 upfront - my guess it will be close to $300/mo. If you add $1500 to a 36 month lease, the payment will increase about $42/mo, not including interest charges. So unless you have positive equity in your Ridgeline, you are probably better off waiting until lease end.
#2941 of 3625
Got my Lease by asheh
Dec 13, 2008 (11:42 pm)
Reply
Honda EX with Road Hazard and 3 years of Oil Changes
$1000 down to cover fees and first month.
$280 a month for the remaining 35 months.
 
No hassle easy transaction. The only thing is that Nissan introduced their holiday program I could have gotten an Altima 2.5 SL loaded for about the same with the same down (including first month and fees) but for 39. But I think that the Accord is a better car.
#2942 of 3625
Re: Got my Lease [asheh] by bvdj84
Dec 14, 2008 (6:45 am)
Reply

Replying to: asheh (Dec 13, 2008 11:42 pm)

Just FYI,
 
 Got a quote for $355 a month for a base model Acura TSX.
36 months
10k miles a year
sale price is around $27,----
First payment due.
 
This is for a base model. Not bad at all. I am sure if you wanted the TECH package which is about $2k more, it would be closer to $400, still not bad!! This is crazy, They never offer a god deal within its first year. This will give you a better idea as for the best bang for the buck. For those who don't know, the TSX is basically an Accord, just take your pick.
#2943 of 3625
Leasing Accord V6 with Navigation by leeinla
Dec 14, 2008 (4:57 pm)
Reply
Hi,
 
I am in the Los Angeles area. I wonder if I could lease a top of the line 2009 accord V6 with navigation and leather seats for $240- $280 a month? I am interested in a 36 months lease with 12000 miles per year? How much should I put down? I would like the payments to be less than $300 a month.
Did someone get a good deal recently, please post?
 
Thanks,
 
leeina
#2944 of 3625
Number for my 09 Accord EX-L Lease by infinitimn
Dec 14, 2008 (6:10 pm)
Reply
Leased this yesterday and took it home same day:
09 EX-L Automatic 36 months 15,000 miles
$295 month including NY City tax of about $26/month.
Down of $595 plus about $450 for Doc and NY registration, plus first payment.
Dealer is DCH Paramus Honda. I requested quotes through Edmunds and DCH response was the most straightforward, although we were able to do better than the initial quote in order to be convinced to close the deal same day . Cap cost is about $1500 under invoice listed on Edmunds.
#2945 of 3625
Re: Leasing Accord V6 with Navigation [leeinla] by bvdj84
Dec 15, 2008 (7:12 am)
Reply

Replying to: leeinla (Dec 14, 2008 4:57 pm)

Hello!
 
 Well, Since you want the V6, than stick with the Accord, but the TSX leases are attractive now. If you read earlier posts I think they posted quotes for this model.
You are not going to get less than $300 a month on that model, but I have seen $350 to $380 for the same lease specs. That is $0 down at signing, with first payment due. Although, I have had dealers have a sign and drive special, but the only thing they are doing special is roll the first payment into the lease deal, which is okay. Remember it is a lease, less complications, walk in, walk out. Dealers often try to throw you off. Read the earlier posts.
 
For every $1k down you subtract about $20-30 off your payment, and it DOES NOT go to the principal amount owed on the car. It is advised not to put money down.
When working a deal, leave the deal $0, then when you can get a good sale price, lease terms, and at that point you still want a lower payment, then put some down, but my advice is do not put too much down, as little as you can, keep your money for savings.
 
You need to go to Honda.com and request a quote, and you can get quotes from a list of dealers in your area, then work from there. They will contact you, always ask for $0 down, sale price, lease terns. Some will reply, some won't, but the ones you get, you can negotiate from there. It makes it easier. Print the offer and take it to the dealer, with contact name in hand.
 
Good Luck.

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