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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

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

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#2995 of 3624 09 EX-L by marys236 Jan 11, 2009 (6:59 am)
CarMan (or anyone), can I get the MF and RV on an 09 EX-L, no nav 4cyl, and also 6cyl, 36mo, 15k/year, in Oklahoma? TIA. Replies to this message: Car_man (Jan 15, 2009 3:47 am)
#2996 of 3624 Re: Don't go to Honda of Tysons Corner [jhuang214] by bvdj84 Jan 11, 2009 (7:45 am)
Replying to: jhuang214 (Jan 10, 2009 5:34 pm) See, that is bad, I hate it when the Salesmen has to keep going back and forth to the general manager. The salesmen should know all on his own what he can do and not do, or the general manager needs to own up and meet his customers, introduce himself, make the customers feel more comfortable. That is the general managers job,   Some dealers have no clue on customer service, and impressions can last a lifetime. If they had stated a deal, then if it was someones miscalculation, then they need to absorb that somehow and honor it. Or if it was truly a mistake, take all the paper work, break it down to the customer, so that they understand why and how it was mistake then at least we know its not on purpose to change the deal. I would certainly understand if they did that to me. Mistakes happen, but that is when the general manager comes out with friendly attitude, takes the high road, and say, listen, we made a mistake, and this is the issue, then show it, but I might not believe that either. It really is plug and play.   If a dealer causes all this back and forth, wheeling and dealing, chances are they don't have all their crap together, and cannot do the job. I would walk out. If they cannot help me get a car at a decent price, and treat me with respect, then its not worth it.   Remember, keep your deal $0 down at first, when the sale price and terms are negotiated, then you may put your money down to lower your payment. Throwing the money down at the beginning gives the dealer an opportunity for them to take you on a wild ride.   Sorry that happened to you, but realize there are good dealers out there that will treat you right, never settle for less.
#2997 of 3624 Re: [Car_man] by mogpod Jan 11, 2009 (8:17 pm)
Replying to: Car_man (Jan 08, 2009 2:45 am) Dear car_man, I'm trying to find out the money factor and residual value for Accord Ex V6 (36 months, 12K miles). Are they different from what you've mentioned in your previous reply (.00280 and 55%)? Since I'm a novice in this, is it usually customary to negotiate the dealer's sticker price (besides the mentioned $1000 incentive from Honda) in order to reduce the cap cost? What are the additional (hidden) fees should one be aware of while negotiating the lease term? thanks in advance and sorry if my questions are confusing. Replies to this message: Car_man (Jan 15, 2009 4:10 am) mogpod (Jan 15, 2009 9:34 am) Car_man (Jan 16, 2009 2:52 am) and 2 more...
#2998 of 3624 Re: Lease Deal - '09 Accord EX-L V4 [bvdj84] by kris113 Jan 12, 2009 (10:06 am)
Replying to: bvdj84 (Jan 10, 2009 5:07 pm) I called back today to find out about the Admin Fee and turns out that it is actually the Bank Fee.....I probably just had the terms wrong. Replies to this message: bvdj84 (Jan 13, 2009 7:02 am) kyfdx (Jan 13, 2009 7:06 am) kris113 (Jan 13, 2009 8:41 am)
#2999 of 3624 Re: Chicago Lease - '09 Accord EX-L I4 no Nav [ral2167] by brandenb Jan 12, 2009 (4:55 pm)
Replying to: ral2167 (Jan 10, 2009 7:41 pm) Money Down: First Payment & TTL Months in Lease: 39 Payment: $349 (remember IL requires all taxes be paid up-front on full value, so that added $1700+ into the amount leased)
#3000 of 3624 Re: Lease Deal - '09 Accord EX-L V4 [kris113] by bvdj84 Jan 13, 2009 (7:02 am)
Replying to: kris113 (Jan 12, 2009 10:06 am) Did you go through a dealer, I never had a bank fee at the dealer, the only fee required is the destination. They are already getting money from the deal, the cars are to be priced so the dealer can move all the paper work successfully. Any extra fees are just bogus. I have seen $400 doc fee, I really would love to hear their version of what that fee is used for.   I have had 3 leases and never had a bank fee. I just paid my first payment and out the door I go. Replies to this message: kyfdx (Jan 13, 2009 7:06 am) kris113 (Jan 13, 2009 8:41 am)
#3001 of 3624 Re: Lease Deal - '09 Accord EX-L V4 [bvdj84] by kyfdx HOST Jan 13, 2009 (7:06 am)
Replying to: bvdj84 (Jan 13, 2009 7:02 am) Virtually every lease has an acquisition fee... Your dealer just rolled yours into the CAP cost of the lease..
#3002 of 3624 Re: Lease Deal - '09 Accord EX-L V4 [bvdj84] by kris113 Jan 13, 2009 (8:41 am)
Replying to: bvdj84 (Jan 13, 2009 7:02 am) We've been to three dealerships and all three had the same exact fees, that I was told is always the same. They are as follows: Bank Fee $595, DMV Fees: $137, Document Fee $199, First Month Payment: $274 and Taxes which depends on the selling price of the car.   They did also give us the option of rolling all of these fees into our monthly payment, but then we would have been looking at $350 a month.   Has anyone else been able to come close to these prices I've been quoted because other dealerships I've been calling say they can't even come close and I'm starting to wonder if they were just pulling a "bait & switch" on me.   Here are the figures again:   Honda Accord EX-L V4 MSRP: $27,075 Selling Price: $23,723 Months: 39 Miles: 12,000 per year Taxes and Fees: $2,035 approx   Monthly Payment (1) : $350 per month (includes all taxes and fees rolled into payment with $0 due at signing) Monthly Payment (2) : $299 per month (pay $2,035 in taxes and fees at signing) Monthly Payment (3) : $274 per month (pay $2,035 in taxes and fees plus $1,000 down payment at signing, for a total of $3,035)
#3003 of 3624 Re: Leased a 2009 Accord EX-L 4 cyl. on 12/28/08 [banker2] by Car_man HOST Jan 15, 2009 (3:43 am)
Replying to: banker2 (Jan 08, 2009 8:04 am) I'm glad that you found this forum so helpful, banker2. Thanks for taking the time to share the details of your deal with everyone. If you'd like, you can hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience there as well. Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3004 of 3624 Re: 09 EX-L [marys236] by Car_man HOST Jan 15, 2009 (3:47 am)
Replying to: marys236 (Jan 11, 2009 6:59 am) Hi marys236. 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 EX-L 4-cylinder Sedan without navigation with 15,000 miles per year are .00250 and 57%, respectively. The numbers for an otherwise identical lease of an '09 Accord V6 Sedan without nav are .00280 and 57%.   When negotiating your lease, make sure to take advantage of the $750 dealer cash that is available on '09 Accord 4-cylinders and the $1,000 on the '09 Accord V6 right now.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

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