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Prices Paid: Buying & Leasing Experiences
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
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Replying to: Car_man (Jan 30, 2009 4:05 am) 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% Money Factor .00280 Base Payment 412.25 + 28.86 IN Sales Tax 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.
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| With $0 down, is it realistic to get a total monthly lease for $300? Thanks. | |
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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!
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Replying to: au1994 (Feb 02, 2009 5:33 am)
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Replying to: tedspread (Feb 02, 2009 10:11 am) |
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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?
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Replying to: Car_man (Feb 01, 2009 5:56 am) |
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Replying to: infinitimn (Dec 14, 2008 6:10 pm) 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! |
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Replying to: luvtolaf (Dec 28, 2008 2:43 am) |
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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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