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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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#2947 of 3625 Re: Leasing 09 Accord V6 with Navigation [leeinla] by bvdj84 Dec 17, 2008 (7:12 am)
Replying to: leeinla (Dec 16, 2008 7:07 pm) Remember, sale price, $0 down, If then at that point you have done the following and feel you want a lower payment then put money down. Dealers often blur the overall deal with the down payment, you take away the down payment, Which is about $60 subtracted off the payment, take that reduction away, it would be $390. 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? Replies to this message: HondaHonda765 (Dec 17, 2008 8:05 am) infinitimn (Dec 17, 2008 8:10 pm)
#2948 of 3625 Re: Leasing 09 Accord V6 with Navigation [bvdj84] by HondaHonda765 Dec 17, 2008 (8:05 am)
Replying to: bvdj84 (Dec 17, 2008 7:12 am) What are the current 'numbers' for tier 1 leases? Money factor? 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? Replies to this message: infinitimn (Dec 17, 2008 8:10 pm)
#2949 of 3625 Re: Leasing 09 Accord V6 with Navigation [HondaHonda765] by infinitimn Dec 17, 2008 (8:10 pm)
Replying to: HondaHonda765 (Dec 17, 2008 8:05 am) .00184
#2950 of 3625 San Francisco Bay area - Accord sedan, EX-L w/nav, 4-cylinder? by mrbofus Dec 17, 2008 (10:16 pm)
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! Replies to this message: bvdj84 (Dec 18, 2008 3:45 am) mrbofus (Dec 18, 2008 9:15 am)
#2951 of 3625 Re: San Francisco Bay area - Accord sedan, EX-L w/nav, 4-cylinder? [mrbofus] by bvdj84 Dec 18, 2008 (3:45 am)
Replying to: mrbofus (Dec 17, 2008 10:16 pm) loaded accord right? V6/ Navi? Read the previous posts for more insight on similar deals. Replies to this message: mrbofus (Dec 18, 2008 9:15 am)
#2952 of 3625 Re: San Francisco Bay area - Accord sedan, EX-L w/nav, 4-cylinder? [bvdj84] by mrbofus Dec 18, 2008 (9:15 am)
Replying to: bvdj84 (Dec 18, 2008 3:45 am) No, it's the 4-cylinder engine, not the V6.   And I did look at the previous posts, and I couldn't find one that was recent, for the 4-cylinder with navigation, with $0 down, and in CA [particularly the San Francisco Bay area].
#2953 of 3625 Re: Number for my 09 Accord EX-L Lease [infinitimn] by 10sfan Dec 18, 2008 (9:51 am)
Replying to: infinitimn (Dec 14, 2008 6:10 pm) Looks great. Was the $595 a Cap Cost reduction payment? Replies to this message: infinitimn (Dec 18, 2008 4:11 pm)
#2954 of 3625 Accord EX-L V4 with NAV by acuralease Dec 18, 2008 (11:51 am)
Hey guys,   I got an internet quote   $341 a month 36 months 10k miles per yr First Payment and Bank Fee upfront   Is this reasonable or a gimmick to lure me into the place?
#2955 of 3625 Re: Number for my 09 Accord EX-L Lease [10sfan] by infinitimn Dec 18, 2008 (4:11 pm)
Replying to: 10sfan (Dec 18, 2008 9:51 am) The $595 was the "bank fee". You can't negotiate it.
#2956 of 3625 Re: Need Quick Help Please. [ndfan1996] by Car_man HOST Dec 19, 2008 (4:13 am)
Replying to: ndfan1996 (Dec 04, 2008 10:54 am) I'd be happy to help you out, ndfan1996. Fortunately for you, Honda has introduced $750 dealer cash on the 2009 Accord since then. I will take this cash into account during my calculations.   According to my calculations, if you were to lease a 2009 Honda Accord Sedan EX-L 4-cylinder with an automatic transmission without navigation that has an MSRP of $26,925 and a selling price of $23,820 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $280. The payment for an otherwise identical lease with only 12,000 miles per year would be $294.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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