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Honda Accord Lease Questions

3628 messages,  Last post on Dec 04, 2009 at 2:36 PM

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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#3040 of 3628
Re: Lease information for '09 Accord Coupe EX L V-6 A with Navi? [Car_man] by Chumshonda
Feb 01, 2009 (9:24 am)
Reply

Replying to: Car_man (Jan 30, 2009 4:05 am)

Car man, Thank you for the information. I changed my title to note that I am currently dealing on a loaded V-6 Accord Coupe.
 
Here is the offer I have on the table and I would appreciate any comments if I should pull the trigger. BTW, my other option is to buy the car with a credit union loan of 3.99% at 60 months so if anyone has a thought on which option is best I am certainly interested:
 
MSRP 31,825
Gross Cap Cost 27,448
Acquisition Fee 595
Residual 53% 39 months 16,867
Money Factor .00280
Base Payment 412.25 + 28.86 IN Sales Tax 7%
572 OTD (First + Doc Fee)
 
Bottom line, should I pull the trigger on this lease, pursue further negotiations (but not sure were since I'm well below invoice and AHFC sets the MF and Residuals, right?) or switch to purchase?
 
Hope these numbers help others in pursuit of their best deal.
#3041 of 3628
4-cyl EX-L Quoted $23,250 Including Destination by XxHaimBonxX
Feb 01, 2009 (6:42 pm)
Reply
With $0 down, is it realistic to get a total monthly lease for $300? Thanks.
#3042 of 3628
General Lease question by au1994
Feb 02, 2009 (5:33 am)
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Sorry if this is in the wrong place. Here's my question:
 
I have a truck I just purchased and owe about 12k on, I'm figuring the trade is about 18k. I'm going through a divorce and need to get some cash. My question is: can I trade the truck and, assuming the numbers above come through take 1 or 2 k out of the truck as a downpayment on a lease of an Accord or Civic and get a check for the balance?
 
thanks in advance!
#3043 of 3628
Re: General Lease question [au1994] by tedspread
Feb 02, 2009 (10:11 am)
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Replying to: au1994 (Feb 02, 2009 5:33 am)

The dealer can cut you a check for the equity you have in your trade-in. I would take the first pmnt and fees out of the equity and take a check for the rest.
#3044 of 3628
Re: General Lease question [tedspread] by au1994
Feb 02, 2009 (10:58 am)
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Replying to: tedspread (Feb 02, 2009 10:11 am)

Thank you. I suspected as much, just wanted some assurance.
#3045 of 3628
Lease negotiation question by alexg456
Feb 02, 2009 (7:54 pm)
Reply
I've been reading the board for a week now. Lots and lots of help. Thank you!
I'm interested in leasing an EX-L Coupe (pretty much the same MSRP as sedan) and in my notes I compiled a list of very detailed deals that people posted here. Then what I did is I calculated TOTAL $ spent over a 36 months lease 12K/year (including absolutely everything: monthly payments, fees, taxes, title, destination, etc.). The best deals range was about $11,300 to $12,300.
 
Perhaps I'm missing something, but would it be a fair starting point in negotiations to tell the dealer, "How much below $12,000 all inclusive can you go?" And if he can't, then ask what he can do? I mean, in my mind, haggling over selling price, then haggling of any extra costs that dealer comes up with just makes the haggling process go much longer and makes it more complicated. No?
#3046 of 3628
Re: 2009 Accord EXL V6 (no NAV) [Car_man] by FlynHwn
Feb 02, 2009 (9:10 pm)
Reply

Replying to: Car_man (Feb 01, 2009 5:56 am)

Mahalo. Any suggestion on what a fair purchase price would be and what incentives may be available? Also, do you know what the current hold back is on this model? I am interested in how greedy the dealer is being.
#3047 of 3628
Re: Number for my 09 Accord EX-L Lease [infinitimn] by alexg456
Feb 03, 2009 (11:38 am)
Reply

Replying to: infinitimn (Dec 14, 2008 6:10 pm)

Hey,
I e-mailed them, but whoever contacted me gave me much higher numbers. I wonder what initial internet quote you had -- just looking for reference to see if going there in person to haggle makes any sense.
Thanks much in advance for reply!
#3048 of 3628
Re: 2009 Honda Accord Coupe EX-L.....Did I get a good deal?? [luvtolaf] by alexg456
Feb 03, 2009 (3:34 pm)
Reply

Replying to: luvtolaf (Dec 28, 2008 2:43 am)

Can you tell me what dealership you ended up going with? This a much lower price than I'm getting quoted.
#3049 of 3628
Quote I got for 2009 EL-X coupe, 4 cyl, auto by alexg456
Feb 03, 2009 (3:57 pm)
Reply
I e-mailed half a dozen dealerships on Long Island, NY and spoke to some of them on the phone, and the best offer I got is below. When comparing to what people have posted earlier in January and December (on comparative sign&drive level $30-40 per month less), this deal kind of sucks. (Perhaps they can knock off $10 if I show up in person; don't know how much more in-person negotiation can knock down). Any COMMENTS?
 
All taxes and fees, unless stated otherwise are rolled into monthly payments.
 
2009 EL-X coupe, 4 cyl, auto
Months 39
Miles 12k a year
Upfront $447.19 (1st month payment and $67.50 for DMV Fees) plus your plates
Monthly $379.69
Residual Value is 56%
Buy Back is $15,218
Money factor is 0.002500
 
This is based on $23,910 selling price (incl. destination charge).

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