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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
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!
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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
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Replying to: malloyd22 (Dec 28, 2008 10:44 pm) 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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Replying to: Car_man (Dec 19, 2008 4:27 am) Anyway payment totaled $379.25 month plus sales tax. I negotiated the deal up to today over the internet and went in with my notes from this forum and a competitive deal from another dealer. They were not going to let me leave. They beat that deal and threw in the first month and tags-title. Thank you guys so much for the wealth of information I found here over the last month. You saved me hundreds if not a thousand or so dollars on the Cap cost.
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Replying to: dkleier (Dec 29, 2008 1:10 pm) |
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For 309/mo I am leasing a 2009 Accord EX with leather seats, 12k miles, sign and drive, 35 payments paid by me.
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Replying to: jfaul4820 (Dec 29, 2008 3:15 pm)
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Replying to: malloyd22 (Dec 29, 2008 8:59 pm) oops, if its to good to be true it probably is, i just realized i said EX in my original, its actually an LX..nice car anyway.. 
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I am getting this deal, and the numbers do not add up: I have one month left on a lease for an 06 Accord ($368) and I was able to roll it into the price of the 09, plus some of the startup costs for new lease Selling price is $25,683 MSRP is $29,225 Residual is .61 Money Factor is .00184 With $250 down and 9% PA sales tax added to payment, price from the dealer is $356 If I enter these numbers into any online lease calculator I get a monthly price of $317! What the  is going on  Is there something I am missing? |
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Is the residual value for the V6 really 5% lower than the 4-cylinder for a 36 month, 12k mile per year lease? From the posts above, it seems that the V6 has a 57% residual value, while the 4-cylinder's is 62%. That's a big difference for a 36 month lease. Why has the V6's residual value tanked so much in the last few years? When I leased my 2007 Accord EX-L V6 sedan two years ago, it had a 62% residual. Things aren't looking good for my next lease. It seems I'll have to lose 2 cylinders in order to keep my payments anywhere close to what they are now. Then again, maybe that's not such a bad thing considering that I only use all of my V6's power when I'm doing something stupid...
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