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Honda Accord Lease Questions

3601 messages,  Last post on Nov 10, 2009 at 10:27 AM

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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#3104 of 3601
Urgent Question: While purchasing lease-end car, can we offer a trade? by nm_socal
Feb 23, 2009 (3:22 pm)
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Greetings. Excellent discussions here. Thanks for keeping it very interactive.
  
Question: Let's say I have two cars:
* A (leased)
* B (purchased. Making payments. Not yet paid-off)
(They are different makes. Brand shouldn't matter, but just in case ... they are Mercedes and Toyota. I was looking for an Odyssey ... )
  
When the lease of A ends, and I wish to purchase it, can I ask them to take "B" off of my hands? Will it work? Will they offer the trade-in amount?
  
I have a situation where if I purchase "A," the other car becomes redundant in my household. I'd hate to have to sell it in the open market - not enough time in a day!
  
Please advise. Thanks.
#3105 of 3601
Re: Urgent Question: While purchasing lease-end car, can we offer a trade? [nm_socal] by XxHaimBonxX
Feb 23, 2009 (4:51 pm)
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Replying to: nm_socal (Feb 23, 2009 3:22 pm)

Sure you can, however, if Toyota is worth less than the payments remaining on it, prepare to pay the difference.
#3106 of 3601
Re: EX-L 2 door automatic 4 cyl. No navi [JimmyVegas11] by Car_man HOST
Feb 24, 2009 (3:28 am)
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Replying to: JimmyVegas11 (Feb 16, 2009 9:19 pm)

Hi JimmyVegas11. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Accord EX-L 4-cylinder Coupe without navigation with 12,000 miles per year are .00250 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier and pay a security deposit at lease signing.
 
Honda is currently providing $750 dealer cash on 2009 Accord 4-cylinder models. Taking this cash into account, you should easily be able to negotiate a selling price that's several hundred dollars below dealer invoice.
 
At lease signing, Honda Finance charges vehicles' first month's payment, a security deposit equivalent to that payment rounded up to the nearest $25 increment, and a $595 acquisition fee. I believe that it is waiving its security deposit requirement on the '09 Accord right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3107 of 3601
Re: 2009 Accord EXL V6 (no NAV) [cargirl1710] by Car_man HOST
Feb 24, 2009 (3:44 am)
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Replying to: cargirl1710 (Feb 22, 2009 11:45 am)

Hi cargirl1710. Honda's current incentives are scheduled to run through March 2nd, however I would not be surprised if they were extended through the end of March relatively unchanged.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3108 of 3601
Re: Great Deal! [XxHaimBonxX] by XxHaimBonxX
Feb 27, 2009 (3:22 pm)
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Replying to: XxHaimBonxX (Feb 20, 2009 4:45 pm)

Picked up my TSX today paying same as agreed. $1100 on credit card and $326 per month. 12K miles, for 39 mos. All paperwork and plates were ready for me to sign, so I did and drove away.
 
Let me know if you are around NY and need help. My e-mail is xxhaimbondxxaim.com
#3109 of 3601
2009 EX 4dr Auto Lease Deal by srq5363
Feb 28, 2009 (9:26 am)
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Edmunds was a huge help to me and I wanted to "give back" by sharing my lease deal through Honda Cars of Bradenton in Florida. Final deal was 36 month/12K miles/yr, purchase $21421.99, Gross Cap (and net since no Cap Redux) = $22016.99 (purchase price plus acquisition fee), MF=.00250, Residual=$15295.75 (61%), amount due at signing $902.48 (but dealer paid $329.10 of it so I paid only $573.38 which included all other taxes, 1st month, dealer fee, tag, etc. Monthly payment is $279.98 plus our 6.5% tax = $298.18. They agreed to get me the car I wanted (black with ivory interior) and not charge me for any added dealer stuff. I ended up getting the pinstripe and the door edge guards at no charge and it has the wood trim which I thought only came with EX-L so I am very pleased. Thanks to all who participate here!
#3110 of 3601
Go figure, Acura turned out to be cheaper than Honda. by alexg456
Feb 28, 2009 (6:03 pm)
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After looking over a month for a Honda EX-L deal, I got an Acura TSX deal that was pretty much better than any Honda deal I got from about a dozen dealers in NY Metro Area.
 
The deal I got is from DCH Heart Acura, just south of Poughkeepsie, NY. Same dealership where "xxhaimbondxx" got his deal. In fact, he tipped me. Thanks again! It was totally worth the 1.5 hour Metro North ride from Grand Central.
 
Acura TSX. 39 month lease. 10K/year. 0 down (only first payment upfront and DMV). All taxes and fees rolled into monthly payments. $349 a month. I don't drive to work, so 10K is fine by me, but 12K/year would have been just marginally more expensive.
 
The whole experience was a breeze. Everything was agreed upon on the phone/email. I just took Metro North this morning and the process (minus cofee chat, weather, business and life) took about 15 minutes. I'm very happy with my choice. The salesguy is just a pleasure to work with, compared to everyone else I had spoken to from about a dozen Honda dealeships I visited in February, who kept telling me how amazing their deals were -- such BS.
#3111 of 3601
Re: Go figure, Acura turned out to be cheaper than Honda. [alexg456] by XxHaimBonxX
Feb 28, 2009 (6:33 pm)
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Replying to: alexg456 (Feb 28, 2009 6:03 pm)

Congrats! I picked it up Friday, the car is awesome. So many little convenient things, I keep pleasantly surprised.
 
Does your steering feels very stiff? I enjoyed it being stiff and steady while regular driving, however, once I tried parking or making a u-turn, it required some force. It feels like it does not have much power assist.
 
Enjoy your ride!
#3112 of 3601
Accord sedan rates/res by gpsac
Mar 03, 2009 (12:38 pm)
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Hello carman,
 
Do you have the current mf and res for the Accord sedans for 12 and 15k miles 24mo?
thank you!
#3113 of 3601
Re: Accord sedan rates/res [gpsac] by lyakir
Mar 03, 2009 (5:23 pm)
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Replying to: gpsac (Mar 03, 2009 12:38 pm)

Car_man,
 
Please also provide those numerst for 36 month lease for LX and EX
 
Thnkas a lot

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