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Honda Accord Lease Questions

3601 messages,  Last post on Nov 10, 2009 at 10:27 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#2955 of 3601
Re: Number for my 09 Accord EX-L Lease [10sfan] by infinitimn
Dec 18, 2008 (4:11 pm)
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Replying to: 10sfan (Dec 18, 2008 9:51 am)

The $595 was the "bank fee". You can't negotiate it.
#2956 of 3601
Re: Need Quick Help Please. [ndfan1996] by Car_man HOST
Dec 19, 2008 (4:13 am)
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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
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Prices Paid: Buying & Leasing Experiences Forum
#2957 of 3601
Re: [toyoman8] by Car_man HOST
Dec 19, 2008 (4:17 am)
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Replying to: toyoman8 (Dec 04, 2008 12:36 pm)

Hi toyoman8. This particular discussion is for community members to talk about leasing a Honda Accord. You will likely have much better luck getting an answer to your question about the flickering lights over in one of the following areas:
 
- "2009 Honda Accord"
 
- "Honda Accord (2008-) Maintenance and Repair"
 
- "Honda Accord Climate Control Questions"
 
- "Honda Accord Quality Control Issues"
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2958 of 3601
Re: additional $750 lease incentive cash is possibly now available [tenstep by Car_man HOST
Dec 19, 2008 (4:20 am)
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Replying to: tenstepn (Dec 06, 2008 4:57 pm)

Thanks for sharing this with everyone, tenstepn. What you were told is correct. Honda just introduced a $750 dealer cash incentive on the 2009 Accord nationally. The best part about this incentive is that it is compatible with Honda's special lease program. This is a great time to lease a new Accord.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2959 of 3601
Re: lease buyout [nikinnicky] by Car_man HOST
Dec 19, 2008 (4:25 am)
Reply

Replying to: nikinnicky (Dec 09, 2008 7:27 am)

Welcome back, nikinnicky. Make sure to do extensive research before purchasing your Accord at lease-end. The values of used vehicles have absolutely fallen off of a cliff over the past several months. Most lessees, even those who are well under their mileage allowances, will find that it does not pay to purchase their vehicle at lease-end.
 
The used vehicle price guides on the Internet are even having a tough time keeping up with the implosion in the used vehicle market. Look around at what dealers in your area are charing for similar used vehicles right now...of course keeping in mind that most prices leave room to negotiate. There is a very good chance that it will be in your best interest to pass on purchasing your car.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2960 of 3601
Re: 09 Accord LX-P Lease Deal [darknightx13] by Car_man HOST
Dec 19, 2008 (4:27 am)
Reply

Replying to: darknightx13 (Dec 09, 2008 9:43 am)

I sure do, darknightx13. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Accord Coupe EX-L V6 without navigation with 15,000 miles per year are .00184 and 55%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
When negotiating your lease on this car, keep in mind that Honda just introduced $750 dealer cash on it. After taking this cash into account, you should be able to negotiate a selling price that's below dealer invoice.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2961 of 3601
Help with residuals by joseatt
Dec 22, 2008 (8:35 pm)
Reply

Replying to: Car_man (Dec 19, 2008 4:27 am)

Could anyone (Car Man) help me with 2009 Accord 4 cylinder Lease info I have some of the info gathered from above posts
 
$750 Factory Cash
$595 AQ Fee
.00184 MF
Residual LX-P I-4 Auto (12K per year)
Residual EX I-4 Auto (12K per year)
Residual EX-L I-4 Auto (12K per year)
 
Anyone that can help it would be much appriciated
#2962 of 3601
2009 Honda Accord Coupe EX-L.....Did I get a good deal?? by luvtolaf
Dec 28, 2008 (2:43 am)
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Hi all, I just leased a 2009 4 cyl Coupe EX-L with $0 down and $307/mo. I have tier 1 credit. Did I get a good deal? The first dealer gave me a price of $398. The second started at $338 and came down to $307. All I paid was the sales tax and first payment up front. Did I do OK? Thanks very much for any replies!
#2963 of 3601
2009 accord ex-l by malloyd22
Dec 28, 2008 (10:44 pm)
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i just leased a 2009 accord ex-l sedan. i payed 1700. upfront. this included first payment, title and registration and all other fees that were associated with this car(destination ect.) my monthly payments are 267.71. for a 12000 mile 36 month lease. was this a good deal? this was through boch honda in norwood, ma
#2964 of 3601
Re: 2009 accord ex-l [malloyd22] by bvdj84
Dec 29, 2008 (7:34 am)
Reply

Replying to: malloyd22 (Dec 28, 2008 10:44 pm)

Wow! these are some really good prices on leases, but I have a question about it though. When the market gets better, do you see them getting more strict with their leases. I could see that happening, especially my luck would be that when I am ready, the pricing will be more expensive. I am looking to lease an Accord or an Acura next Spring. Though I have an 08 GM car, at that point I will have had it for 1year. I know, I know all about trading...lol I will try to do it anyway, I always trade early any and it works out fairly good. I just wish I could trade right now since pricing is so good. If I had still had my 06 Accord lease, it would have been up in Jan09, that would have been perfect for me to get a Honda product, perfect timing. The GM car was not anything I wanted by choice, so as soon as I can get out of it to get my Accord back, I'll be happy.
 
I'll just look at my payoff versus trade value, and go from there. It certainly won't be like my 06 accord though.

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