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Honda Accord Lease Questions

3625 messages,  Last post on Dec 01, 2009 at 6:00 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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#3270 of 3625
Re: Residual Values [falashan] by Car_man HOST
May 18, 2009 (2:40 am)
Reply

Replying to: falashan (Apr 23, 2009 11:46 am)

You're very welcome, falashan.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3271 of 3625
Re: Honda Accord: Lease Questions [clueless16] by Car_man HOST
May 18, 2009 (2:45 am)
Reply

Replying to: clueless16 (Apr 23, 2009 11:39 pm)

Hi Myra. Let's work up a sample lease payment on the car that you're interested in and see what we come up with.
 
According to my calculations, if you were to lease a 2009 Honda Accord Coupe EX-L V6 without navigation that has an MSRP of $29,625 and a selling price of $25,331 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $360...assuming that you qualify for its top aka "Super Preferred" credit tier.
 
Good luck in your quest for a new ride and let us know if you have any other questions.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3272 of 3625
Re: My Deal [shoreshot] by Car_man HOST
May 18, 2009 (2:47 am)
Reply

Replying to: shoreshot (Apr 25, 2009 4:18 am)

Congratulations on getting your new Accord, shoreshot. Thanks for taking the time to share the details of your lease with everyone. Real world examples like this are always helpful for other community members who are in the market for similar vehicles.
 
If have the time, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others as well.
 
Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3273 of 3625
Re: Car_man dude! [gpsac] by Car_man HOST
May 18, 2009 (2:56 am)
Reply

Replying to: gpsac (Apr 26, 2009 12:49 pm)

Hey gpsac. Here's the info that you need.
 
Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Accord Sedan LX with 15,000 miles per year are .00207 and 64%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier. The numbers for an otherwise identical 36 month lease are .00207 and 57%.
 
If you were to lease with only 12,000 miles per year, this car's residual values would be 1% higher for the 24 month term and 2% higher for the 36 month term.
 
When negotiating the capitalized cost for your lease, make sure to take the $1,000 dealer cash that is currently available on this model into account.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3274 of 3625
Re: LX-P MF and Residual [bostonben] by Car_man HOST
May 18, 2009 (3:01 am)
Reply

Replying to: bostonben (Apr 29, 2009 3:52 pm)

Hi bostonben. Honda's lease program for this car varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different.
 
Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Accord LX-P Sedan with 15,000 miles per year are .00207 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
When negotiating your lease on this car, make sure to take advantage of the $1,000 cash incentive that is available on it right now.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3275 of 3625
Re: May AHFC Programs [pacinpelo] by Car_man HOST
May 18, 2009 (3:08 am)
Reply

Replying to: pacinpelo (May 04, 2009 10:32 am)

Hi pacinpelo. I would be happy to work up a sample lease payment on this car for you. According to my calculations if you were to lease a 2009 Honda Accord EX-L V6 Sedan without navigation that has an MSRP of $27,275 and a selling price of $24,286 ($500 over dealer invoice - the $1,000 cash incentive) through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $340...assuming that you qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3276 of 3625
Re: Help! Did Honda get rid of the Dealer Cash? [pacinpelo] by Car_man HOST
May 18, 2009 (3:39 am)
Reply

Replying to: pacinpelo (May 05, 2009 4:33 pm)

Hi pacinpelo. What you were told about the dealer cash on the Honda Accord is incorrect. It was extended through July 6th.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3277 of 3625
Re: Honda Accord: Lease Questions [Car_man] by superman1011
May 18, 2009 (4:51 am)
Reply

Replying to: Car_man (May 18, 2009 2:45 am)

Car Man,
Great posts. I have been reviewing the opportunites on the Accordf Coupe EX-L V6 for a while now. The best i have received is 408/month with a net cap cost of 27200. Granted, as soon as i walk in with my spreadsheet and run what they offer against my numbers, i get turned away. Do they not want to do business with someone who knows what they are doing? What do you think is a reasonable selling price to ask for off of the 29,625 base MSRP? I love this car, but would really like to get into it for 350-360/month with little to no money down.
 
Thanks for any insight!
 
Jason
#3278 of 3625
Deal or Not a deal? by pegasus17
May 18, 2009 (9:10 am)
Reply
2009 accord ex sedan (auto): MSRP 25075
36 month lease, 12k miles/yr
residual .59; MF .00207
Doc fee of $250 included
$281 per month (pre-tax)
Trying to figure out if there is any more slop in the monthly payment...
#3279 of 3625
Re: CARMAN Help! Any news on Incentives yet? [jasonscott] by Car_man HOST
May 19, 2009 (1:38 am)
Reply

Replying to: jasonscott (May 08, 2009 6:36 am)

Hey jasonscott. The dealer cash that was available on the 2009 Accord in April was extended through July 6th.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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