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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
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So I 'ordered' an 09 EX-L Coupe Navi 6 speed on Friday, 1/2/09. Reputable dealer who I have leased from before. Said it would take him a couple of days to locate one. Fast forward to today Tuesday, 1/6/08 and he thinks he may have one or two within reach and will know tomorrow hopefully. I checked edmunds' incentive list and it shows that marketing support went from $750 to $1000 as of January 6, 2009 on all 09 Accords. Should this be passed on to me, or have the residuals changed such that its a wash, or worse, maybe the numbers are worse as of the 6th, so I should keep my mouth shut?? Any input would be greatly appreciated. Thanks. btw lease deal is 3 yrs/12k $469/mo everything rolled into payment, incl. tax, bank fee etc. Only thing I have to foot is for new plates and 1st payment. |
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Replying to: joseatt (Dec 22, 2008 8:35 pm) The numbers for an otherwise identical lease of an '09 Accord Sedan EX 4-cyl. are .00250 and 61%. Lastly, the numbers for an otherwise identical lease of an '09 Accord Sedan EX-L 4-cyl.are .00250 and 59%. When negotiating your lease on this car, make sure to take advantage of the $750 dealer cash that Honda is providing on it. This cash should enable you to negotiate a capitalized cost for your lease that's below dealer invoice. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: reechz (Dec 30, 2008 1:35 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: nomisny (Jan 06, 2009 9:23 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: nomisny (Jan 06, 2009 9:23 pm) I think the payment is decent. Though I have seen lower, but that was on a sedan, not a coupe. Honestly, because the Acura TSX is around this price, perhaps a bit higher, and they lease a bit better. Let us know, Its decent, but really want to know the sale price, the fees rolled into the deal. Sounds like the sale price isn't really good. |
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Thanks for the info carman and bvd. It is a v6 speed ex-l w/ navi I ordered. By fees I really just meant tax and bank fee. Besides that, I think it's just DMV. Either way, all I'll be paying upfront is first months payment and plates. Anyone know if the residuals or money factor got better, worse or stayed the same this month? Thanks again,
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MSRP: $27175 Invoice: $24710 Cap Cost: $23865 ($845 under invoice) MF: 0.00185 Residual: 0.59 ($16033) Fees (everything): Roughly $1000 give or take $10-20 * ~ 500 rolled into the lease * 500 up front Term: 36 months Mo. payments incl 7% tax = 329.34/mo Went through internet department of DCH Kay Honda in Eatontown, NJ. They honored the internet price with no haggle at all.The staff was friendly, courteous, and respectful. In and out in a couple of hours.
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Replying to: nomisny (Jan 07, 2009 12:30 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: JoePharms (Jan 07, 2009 8:45 pm)  ! Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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just completed the following deal on a 2009 Accord Sedan EX-L 4 cyl.: MSRP: 26, 925 Selling Price: 24,000 ($450 below invoice). Selling price also included splash guards, locking lugs, and trunk tray. 36 month lease 12k miles/ year Money Factor: .00184 (approx 4.4% interest rate) Residual: 61% Monthly Payment: $299 Cash upfront was $1320, which included $299 first payment, $400 cap cost reduction, $470 admin fee, and tag/license fees. I normally don't like to pay for cap cost reduction on a lease, but wife wanted to see a "2" as the first digit of monthly payment rather than a "3". Payment without the $400 cap cost reduction was $311. Feel like this was a good deal, and the car is solid all-around. This forum was very helpful in my negotiations.
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