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Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
3625 messages, Last post on Dec 01, 2009 at 6:00 AM
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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.
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Replying to: asheh (Dec 13, 2008 11:42 pm) 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. |
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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
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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.
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Replying to: leeinla (Dec 14, 2008 4:57 pm) 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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I got a quote from a dealer to lease 2009 Accord EXL V6 4 door automatic with Nav for $330 a month, $2000 down for 36 months/12,000 miles annually. $330 out the door. I think it is a really good deal. This is in the Southern CA area. I have tier 1 credit. First the dealer quote was $3700 down and $365 out the door. Is this what people are paying for a lease in the southern ca area for this type of vehicle? Let me know. leeinla
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Replying to: leeinla (Dec 16, 2008 7:07 pm) I think you did pretty well, but this gives you an idea of how it affects the payment. I have gotten better quotes, but not too much lower. Be sure to look at your sale price, all fees, lease details. You would be surprised a little fee here and there adds to a bit more on your payment. Example, accessories, protection plan, extra warranties. Sounds like you did very well, and impressive since earlier on, this could not be done. However, I would keep your $2k in your pocket, and just take the $60 or so a month more. If it really affects your budget that much (makes or breaks the deal), then a different car or lease might be a better option for you financially. This money down does not actually go to your principal. I think you'll feel better knowing you could use that $2k for something else, or invest it. I think you did great, very exciting!  What color did you choose?
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Replying to: bvdj84 (Dec 17, 2008 7:12 am) I have the residuals for LX and LX-P: The residual on the LX is $13,557 The residual on the LX-P is $14,167 Anyone know the money factor?
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Replying to: HondaHonda765 (Dec 17, 2008 8:05 am) |
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I have an offer from a dealer for a 2009 Honda Accord EX-L sedan with navigation for $379/month or $407/month [depending on whether I get preferred status or not with Honda Financial] with $0 down and a sign and drive deal. Net cap: $25,998 [MSRP: $29,125] Lease term: 36 months/36,000 miles Residual percentage: 59% Money factor: .00244 or .00305 [depending on preferred status or not] Sales tax: 8.25% What do you guys think? This would be my first time leasing, so I'm not sure how good [or not good] a deal this is. Thank in advance for all your advice!
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