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Honda Accord Lease Questions

3633 messages,  Last post on Dec 08, 2009 at 8:01 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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#3125 of 3633
EX-L 4 CYL COUPE by needanewride
Mar 12, 2009 (3:01 pm)
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Replying to: AXM23 (Mar 12, 2009 9:33 am)

Hey everyone. I've been reading all the posts here and have found them very helpful. Here is a quote I am working with. Please let me know if you think this is a good deal. I want it as low as possible without ripping the dealer off:
 
$23,550 cap
 
.002250
 
56% resale
monthly calculated tax $26.56
 
$356.44 per month total
 
This is with $2500 down. Thanks!
#3126 of 3633
Re: EX-L 4 CYL COUPE [needanewride] by ral2167
Mar 12, 2009 (6:00 pm)
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Replying to: needanewride (Mar 12, 2009 3:01 pm)

seems WAY too high to me.
#3127 of 3633
Re: EX-L 4 CYL COUPE [needanewride] by jhinsc
Mar 13, 2009 (5:57 am)
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Replying to: needanewride (Mar 12, 2009 3:01 pm)

Term of lease and yearly mileage? I agree it's seems high, especially with the down pymt. Do you qualify for lowest rates? If it was me, I would be looking at no more than $300/mo max, no $ down, 36/mo, 15k miles/yr,
#3128 of 3633
Re: EX-L 4 CYL COUPE [needanewride] by AXM23
Mar 13, 2009 (6:30 am)
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Replying to: needanewride (Mar 12, 2009 3:01 pm)

Too high. I was quoted $350 a month with a total of $1500 out of pocket for the EXL V6.
#3129 of 3633
Re: EX-L 4 CYL COUPE [needanewride] by bvdj84
Mar 13, 2009 (6:41 am)
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Replying to: needanewride (Mar 12, 2009 3:01 pm)

Way tooooo high!!! Yikes!
#3130 of 3633
EX-L 4 Cylinder sedan by stevecar
Mar 13, 2009 (9:06 am)
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I am ready to lease a 4 cylinder EX-L sedan automatic. We are in central NJ.
I always ask to roll everything in to the payment so I have an even playing field.
 
I would like other people recent experiences. I got a price from a large dealer of anywhere from 350 all in with 1500 down to the same dealer different day 400 all in in.
I don't trust them at all. I figure it should be about 350 including everything, nothing down, includes tax. 12000 miles a year.
I am a returning customer with AHFC.
 
I have a few weeks. just don't want games. any thoughts.?
#3131 of 3633
2009 Honda Accord EX-L Manual by renz
Mar 13, 2009 (5:15 pm)
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Hi, I live in MA, near Boston, and was offered this lease deal today.
 
36 months
15k miles year
$1000 down
$359/month
Sale price - $23,375
This seems kind of high to me. But their initial offer was $371. Are there any cash incentives out there that can lower the sale price.
 
What is a good bargaining tool to help bring these monthly #'s down. I was hoping for a sub $300 payment without too much down. Any thoughts? Thanks,
#3132 of 3633
Re: 2009 Honda Accord EX-L Manual [renz] by jhinsc
Mar 13, 2009 (6:03 pm)
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Replying to: renz (Mar 13, 2009 5:15 pm)

Renz and Stevecar,
Your payment quotes are too high, especially with $ down. I have an 08 EXL V6 no-nav at $359/mo, nothing out of pocket (SC) and 15k miles/yr. Prices have not gone up that much and my lease rate is 3.9% equivalent. The net lease amount ended up base invoice so I know I left some profit on table for the dealer. Unless you're ready to sign and drive off, don't expect the dealer to give you their very best quote/deal. Good luck!
#3133 of 3633
Re: 2009 Honda Accord EX-L Manual [jhinsc] by stevecar
Mar 14, 2009 (4:24 am)
Reply

Replying to: jhinsc (Mar 13, 2009 6:03 pm)

thank you. That's what I thought. I'll wait until I'm ready to walk out with a car. At least I know where I should be.
#3134 of 3633
Re: EX-L 4 Cylinder sedan [stevecar] by bvdj84
Mar 14, 2009 (7:52 am)
Reply

Replying to: stevecar (Mar 13, 2009 9:06 am)

Your payment seems to high, you should be able to get the payment without any money down. When the economy was stronger, when the deals were more strict they quote me $380 with $0 down. So your quote is a bit off. $1500 is a lot to put down for look like to be nothing.
 
So you are right, they are off, and they SHOULD not be playing games now. Dealers should be moving any and every car now. Not to just use that as an excuse for us to get a good deal, but for the dealer itself to stay afloat. You see dealers all the time that are so strict with their deals, they would rather have the car sit there for several more weeks only to have someone else buy it at "their" price. My motto if I was a manager, if its a reasonable deal for both of us, then move it. Now, not giving it away for free, but keep them moving. That is what will make them successful, the dealers who move them in and out quickly seem to be the most successful. They focus on the number of cars released in a month, not my cost of each car. That is the way to do it.
 
My dealer is the same way, strict! Too prideful to move anything.
 
Anyway good luck!

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