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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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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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Replying to: banker2 (Jan 08, 2009 8:04 am) Good deal. |
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I just left the Honda dealership and they are willing to give me the following deal on a 2009 Accord EX-L, I would appreciate it if I could get some feedback as to if this is a good deal or not. Model: EX-L V4 MSRP: $27,075 Selling: $23,723 Miles: 12,000 Months: 39 Fees: $2035 (including - tax, title, license, first month payment and admin fee) Down Payment: $1,000 Total Due at Signing: $3,035 Total Monthly Payments: $274 If I rolled all of the fees into my monthly payment, my payments would have been $365/mo but I really needed to keep them as low as possible even though I know it isn't recommended to put money down on a lease. I appreciate any feedback - Thanks
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Replying to: kris113 (Jan 10, 2009 1:40 pm) I think you did decent, but some how I think your payment with $0 could be a bit lower. |
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Internet Manager initially quoted me on a 2009 EX-L Accord Coupe lease at 235/month with 3700 due at signing. Went into the dealership this morning: after little discussion, was able to roll everything into the monthly payment for 315/month with only first month's payment due at signing. AFTER we had signed all the papers and gotten the credit check, they decided to pull out of the deal at the 11th hour and made up some BS excuse about miscalculating the residual, when the salesman had gone back and forth between us and the GM multiple times. They then said that the "actual" number was 390 dollars a month. I will never be going back to this dealership ever again and I recommend you do the same. No dealership should be able to waste 4 hours of your life: if a dealership wants to pull the bait and switch, they might have wanted to shoot for a number close to the one that was agreed upon.
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