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Honda Accord Lease Questions

3625 messages,  Last post on Dec 01, 2009 at 6:00 AM

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

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#3023 of 3625 Re: 09 accord cpe v6 exl w/navi [corndawg] by bvdj84 Jan 27, 2009 (8:16 am)
Replying to: corndawg (Jan 26, 2009 12:21 pm) That doesn't look too hot, I was quote around $430, give or take a bit. On average. With $0 down, first payment due. This was for a loaded Accord. Nav/V6.   Even at that, I am sure it could be a bit lower, but it sounds good to me for a loaded accord. Sale price around $27+.   It would not be waste of money at all! But, certainly look at all your options, there are so many cars that are really cool. Heck, look at the new TSX or the TL, they have a decent lease out now. I would stick with Honda a bit longer though, get more quotes.   Remember start with $0 down, get your sale price, payment, then thrown in your down if you absolutely need it lower.   Good Luck! Take your time, no need to rush, there are deals to be had!   Though it looks like your original down payment only brought you down from what the payment I got on a quote? All the money doesn't really bring it down much. $1,000=$20-35 off your payment. Replies to this message: corndawg (Jan 28, 2009 10:45 am) corndawg (Jan 28, 2009 3:16 pm)
#3024 of 3625 Re: 09 accord cpe v6 exl w/navi [bvdj84] by corndawg Jan 28, 2009 (10:45 am)
Replying to: bvdj84 (Jan 27, 2009 8:16 am) I made some calculations with MF .0028, 60% residual and $1000 down. 36 months, 1800 TDO, 12k miles   accord v6 exl w/ navi ($27,500) $343.86 / month + tax   accord v6 exl w/o navi ($25,900) $327.45 / month + tax   I dont understand why I was quoted so high. Are the MF and residual values incorrect?? Replies to this message: corndawg (Jan 28, 2009 3:16 pm)
#3025 of 3625 2009 Accord EXL V6 Sedan (No Nav) by apaone Jan 28, 2009 (12:17 pm)
Completed the following deal last night:   2009 Accord EXL V6 Sedan (No Nav) 36 mo / 12k mi   MSRP: $29,375 (Includes destination fee of $670) Cap Cost: $25,480 Only first month payment at signing: $363/mo (includes 5% MA sales tax) Replies to this message: jhinsc (Jan 28, 2009 1:59 pm) apaone (Jan 28, 2009 6:08 pm) dolsey01 (Jan 28, 2009 3:23 pm) apaone (Jan 28, 2009 6:04 pm)
#3026 of 3625 Re: 2009 Accord EXL V6 Sedan (No Nav) [apaone] by jhinsc Jan 28, 2009 (1:59 pm)
Replying to: apaone (Jan 28, 2009 12:17 pm) You got a pretty good deal. My deal for an identical 08 was $0 out of pocket, 36 mo, 15k miles at $359. No tax included as $300 sales tax included in total price. Replies to this message: apaone (Jan 28, 2009 6:08 pm)
#3027 of 3625 Re: 09 accord cpe v6 exl w/navi [corndawg] by corndawg Jan 28, 2009 (3:16 pm)
Replying to: corndawg (Jan 28, 2009 10:45 am) Ok.   So the dealer tells me the values: 54% residual .0028 MF for cpe v6 w/navi 55% residual .0028 MF for cpe v6 w/o navi   Are residual values different in different states? Those are pretty crappy residuals for an Accord.
#3028 of 3625 Re: 2009 Accord EXL V6 Sedan (No Nav) [apaone] by dolsey01 Jan 28, 2009 (3:23 pm)
Replying to: apaone (Jan 28, 2009 12:17 pm) Which MA dealer? I'm looking close to Boston. Replies to this message: apaone (Jan 28, 2009 6:04 pm)
#3029 of 3625 2009 Accord V6 Sedan with Navi Lease price by rzurawik Jan 28, 2009 (3:29 pm)
Anybody lease a 2009 Sedan loaded V6 with Navi lately? How much am I looking at with 15,000 miles?   Any reply would be great!!!   Thanks, Robert
#3030 of 3625 Re: 2009 Accord EXL V6 Sedan (No Nav) [dolsey01] by apaone Jan 28, 2009 (6:04 pm)
Replying to: dolsey01 (Jan 28, 2009 3:23 pm) Boch. Herb Chambers (Burlington) was also right around there in terms of price. Dealt with both via the Internet. Went back and forth a little bit over a few days. Finally told them each that I was looking to get the deal done that day and put out my offer. Didn't get exactly what I was looking for, but got a fair price (and they made a little bit too, which is fine). I didn't step foot into the dealership until I had the deal done. This allowed me to get in and out of the dealership in 1h 30m (I hate being in those places longer than absolutely necessary).   FYI, both were pushing a 39 mo lease hard. I avoided because it goes beyond the bumper to bumper warranty and 3 years from now my car needs/wants will change so I don't want to extend it any more. Also, no 10k/yr leases available, which was more in line with my driving needs.
#3031 of 3625 Re: 2009 Accord EXL V6 Sedan (No Nav) [jhinsc] by apaone Jan 28, 2009 (6:08 pm)
Replying to: jhinsc (Jan 28, 2009 1:59 pm) It is sickening to run some of these lease numbers with decent money factors (current money factors equate to a 6.72% rate). Granted the $1000 cash support shaves off about $30 per month, but the money factor rates are really driving up monthly prices.
#3032 of 3625 2009 Accord EXL V6 no NAV by tenstepn Jan 29, 2009 (5:57 pm)
Hey All!   Finally after a month and some change I finally have a minute to post my deal! I want to thank EVERYONE for their help here with the post lease inspection expectations to the information on pricing etc. CarMan, hats off to you! You are a wealth of information! And now...to the meat and taters...12/22/08 purchase date...   2009 EXL V6 no NAV - $0 down   Agreed Upon Value=$24448.06   Gross Cap Cost=$25,281.56 Cap Cost Reduction=$0 Adjusted Cap Cost=$25,281.56 Residual=$15,756.25 Depreciation=$9,525.31 Rent Charge=2718.36 Total of Base Payments=$12243.67 Lease Payments=36 Base Monthly Payments=$340.10 Monthly Sales/Use Tax=$19.90 Total Monthly Single Payment=$360.00   18,000 Miles per year Purchase Option at End of Lease Term=$15756.25   And there it is...seemed good to me, all I had to pay for out of my own pocket was the first month $360.   Nothing else.   Thanks again everyone! See you in 35 months or sooner! Here's to another fine Honda Accord Experience!

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