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Honda Accord Lease Questions

3629 messages,  Last post on Dec 04, 2009 at 9:38 PM

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

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#31 of 3629 Re: Can I lease a 2005 Honda Accord for less than a 2006 at this time? [Car_man] by jagm96 Oct 18, 2005 (9:26 am)
Replying to: Car_man (Oct 17, 2005 3:27 am) Dear Car_Man   I wanted to thank you for the information you suggested I read. I deeply appreciate it. I am going to go read the information you suggested. I will check out the local Honda sites and see what they currently have in stock. I was looking at the lease sales on the 2006 Honda Accord SE for 239.00. But I see I need to read more and find out more information for you. I know I just want something simple, but it must include AM/FM/CD audio system and intermittent windshield wipers. I would like the exterior to be blue and the interior to be gray cloth interior.
#32 of 3629 Re: Lease 2006 Accord LX SE 4cyl auto [dglozman] by dglozman Oct 18, 2005 (10:24 am)
Replying to: dglozman (Oct 18, 2005 6:23 am) Car_man,   One more thing. MSRP for the car I want (according to Carsdirect) is $22,075 and the selling price is $20,038. I'm not sure to how obtain a residual value and money risk factor. But what should be the numbers I have to negotiate for?   Thanks,   Dmitry Replies to this message: nvnick (Oct 20, 2005 5:42 am)
#33 of 3629 Re: Lease 2006 Accord LX SE 4cyl auto [dglozman] by nvnick Oct 20, 2005 (5:42 am)
Replying to: dglozman (Oct 18, 2005 10:24 am) Dmitry,   The 36mo/12k miles yr residual is 59%, and MF = 0.00192, so using your CarsDirect numbers above, the pmt is $258/mo + tax. I think the standard Honda acquisition fee is $595, and security deposit $250, so adding the 1st month payment, you should be able to drive away in your LX/SE with just $1,103.
#34 of 3629 how to calculate lease payments for an Accord SE or EX by nolafilm Oct 24, 2005 (8:07 am)
Car_man,   It's great to see you running this forum and providing so much help to everyone. You were a lifesaver to me when I leased my Pilot in December, and now my wife and I are looking for a 2006 Accord (her 2003 Accord was totaled in Hurricane Katrina). I'm just trying to figure out how to calculate our monthly lease payments based on final selling price and as little down as possible. Because of short supply and high demand in our area, the best we can do on a 2006 Accord SE is $21,000 and we can get an EX for $23,000. We're looking at 36 mo/12k miles yr. I've tried using info you've provided for others here along with Edmunds Lease Calculator to determine payments, but don't seem to be doing it right. Can you please advise? Thanks so much!
#35 of 3629 Upside Down and Leasing by accordlease Oct 26, 2005 (4:22 pm)
I am wanting to get some input on leasing a Honda Accord before Oct. 31. My problem is, I am $3,000 upside down in the vehicle I currently own. I see that the Accord EX is being offered on lease for $269 a month with $2,138 due at signing. My question is: Is there any way for me to get my payment at $325/month on a 42 month lease with 15,000 miles, $325 with tax included? Any input or suggestions would be greatly appreciated. Replies to this message: kirstie_h (Oct 27, 2005 6:23 am) accordlease (Oct 27, 2005 4:13 pm)
#36 of 3629 Re: Upside Down and Leasing [accordlease] by kirstie_h HOST Oct 27, 2005 (6:23 am)
Replying to: accordlease (Oct 26, 2005 4:22 pm) Hi accordlease, One thing we'll need to know before anyone is able to assist you is the tax rate in your area. It can vary widely, and it's important in being able to calculate payments.   Also, we'll need the full details of the offer. What is the MSRP on the vehicle advertised? What is the assumed selling price? Any additional info you can provide on this offer will assist those who can help calculate a payment for you.   kirstie_h Roving Host Host, Future Vehicles & Smart Shopper discussions Replies to this message: accordlease (Oct 27, 2005 4:13 pm)
#37 of 3629 Re: Upside Down and Leasing [kirstie_h] by accordlease Oct 27, 2005 (4:13 pm)
Replying to: kirstie_h (Oct 27, 2005 6:23 am) Hi Kirstie!   I am looking at the EX model Accord. I believe the list price is $23,300 and I am not sure what the actual selling price would be(?). You know Honda does not have a hard time selling vehicles and the dealers around here don't seem to want to deal much on the price of the car. The tax rate is 9.75%. I don't know how to calculate a lease payment to know if I am getting a fair deal. I am not sure what the residual is either. Thanks for all of your help.
#38 of 3629 Are there always Lease offers like those that end Oct 31, 2005 by jagm96 Oct 28, 2005 (8:49 am)
Hi there:   I was wondering if when the current lease offers end if they continue to make special offers on Honda Accords? I do not quite of the amount I need to partake of the current honda leases. Also, it is my understanding the current leases go to 44 months when the warranty on the car goes to 36 months. I thought it is not wise to lease beyond the warranty on the car. Do I understand this correctly?   Thanks, John
#39 of 3629 Get out of 2004 Accord Lease by emma4 Oct 29, 2005 (12:59 pm)
To make a long story short, I leased a 2002 Honda Civic. When the lease was up I decided to buy the car rather than trade it in. I paid in full thinking my daughter would drive the Civic (she's a college student) and would pay me back (yes, I know, I know!). In the meantime I began a new lease on a 2004 Accord EX 4dr. Well you can see where this is going... dear daughter was unable to afford the Civic leaving me with two cars. It's been about 15 months and I still can't sell the Civic although it's in perfect condition, 51,000 miles, and a reasonable selling price (which goes down, down, down by the day). I've tried ebay, 5 local and state newspapers, autotrader, etc. and still only wholesalers contact me offering pathetic amounts.   Recently with the high gas prices, I thought it might be a good idea to trade the Accord lease and put the Civic back on the road. Well it seems that Honda doesn't allow the trading of leases. Am I right on this? Then I thought I would just park the Accord in the garage til the lease was up (21 months) but can you actually take a leased car off the road? Stop insurance? I know I'll still have to make the lease payments. In another scenario I thought about taking both cars to a dealership and "trading" them in for a new car (which I'd buy, not lease) but again I'm not sure this is the wisest financial move to make. I've already lost thousands in this mess and was hoping you might be able to offer some advise about how I can get back to one car in the least expensive way possible? I could really use some help and would appreciate any advise on how to salvage this mess. Thanks! Confused in RI. Replies to this message: jagm96 (Oct 30, 2005 7:46 am) haefr (Oct 30, 2005 8:30 am) emma4 (Oct 30, 2005 12:57 pm)
#40 of 3629 Manufacturer Lease Specials Good Deal? by akire Oct 30, 2005 (5:10 am)
Are the manufacturer lease specials such as those advertised on the Honda website a good deal or are they simply a starting point for negotiations? Replies to this message: ebetty (Oct 27, 2008 2:28 am) bvdj84 (Oct 27, 2008 7:17 am)

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