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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: Car_man (Jan 15, 2009 4:10 am) I have a couple of more clarifications to ask if you please: Some of the dealers' lease specials include a 39 months term on specific trims. What would be the residual for a 39 months term (EX V6, LX..., standard)? You've mentioned the "$1000 dealer cash" incentive. Does this come from Honda? In which case it would be nice to have a print out when one walks into a dealership. Or is it something that is negotiated verbally and in which case the buyer won't nececerily get it.
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Replying to: mogpod (Jan 15, 2009 9:34 am) Honda Finance's buy rate lease money factor for a 39 lease of a 2009 Accord EX V6 is still .00280, but its 15k residual value for this term is 58%. The $1,000 dealer cash is a payment provided by Honda to dealers to help them sell vehicles. Dealers are free to use the money on deals or to pocket it if they can. Savvy consumers who know about dealer cash incentives are usually able to get dealers to reduce their vehicles' selling prices by that amount. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: JoePharms (Jan 07, 2009 8:45 pm) I went to my local Honda dealer (Lawrence, MA) for a 09 Coupe EX-L Manual, I'm interested in a 39 month lease and got them down to $23,087 for cap. According to the lease special on Honda's website my payment should be $355 w/o tax based on Tier 1 i assume. However I've seen a couple people here get a much lower monthly payment for the same car, can someone explain what else I'm missing? I havent purchased the vehicle yet or submitted a credit app.... I did last summer and was placed in Tier 2.
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Replying to: alansufi (Jan 17, 2009 11:32 am)
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Replying to: malloyd22 (Jan 18, 2009 3:43 pm) I've been dealing with Commonwealth motors for the past week, they have the car i want but aren't willing to give me a trade in value for my car.  I'd like to see your exact number because you got a good deal 
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Hi Car_man or any others who can provide guidance, This is my first post to this excellent resource! I would appreciate any help or guidance you could provide for the subject vehicle. This is a loaded 4 cylinder coupe. I have seen many posts w/o navi but few with. I believe you have said the dealer incentive on 4 cylinders is $750. Like everyone I want a good deal but am confused as the MF, Residual % and other values seems to change with specifics. I also would appreciate your thoughts on mileage allowance and impact to monthly payments. I am a current AHFC lessee and expect a good rating. MSRP per Edmunds is $29255 I hope to get near invoice with destination less dealer incentive or $25798 I am in the Indianapolis area. Your help is appreciated Thank you, Chumshonda
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Replying to: alansufi (Jan 18, 2009 5:45 pm) You might want to go online and email these dealers and get a deal going, it seems to work really well for me. Then bring the email in, sign the papers. |
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Replying to: alansufi (Jan 18, 2009 5:45 pm) doc fee 298.00, registration 36.00, title 50.00, sales tax on cash paid 49.92. gross capitalized cost 25040. cap cost reduction 2048.37 adjusted cap cost 22991.63 residual value 16424.25 depreciation 6567.38 rent charge 2611.96 total of base payments 9178.56 lease payments 36 base monthly single payment 254.96 sales tax 12.75 monthly payment 267.71 the total payment on my lease is 12119.85. ask for jocemi. he was a sales manager and after dealing with some nit wit for 2 hours, jocemi came over and the deal was done in 5 minutes. nice guy and seemed to have more pull, or heart.
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I am looking for information on the following models: EX (4L) 12K miles - Money Factor? Residual? Term? EX-L (4L) 12K miles - Money Factor? Residual? Term? Thanks in advance!!
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Replying to: malloyd22 (Jan 19, 2009 2:23 pm) also, whats the "rent charge" ?
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