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Honda Accord Lease Questions

3629 messages, Last post on Dec 04, 2009 at 9:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jaycee27 (May 22, 2009 10:42 pm)
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Replying to: kingpcgeek (May 23, 2009 8:11 am)
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Replying to: erikadeee (May 23, 2009 7:54 am) |
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Replying to: jaycee27 (May 23, 2009 9:45 am) |
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CarMan, Accord Coupe 4 cyl Auto EX-L without Navi. Best deal in my area so far (N.J.) is $358 (includes tax) with first month only down. Selling price of 23,096 (incl dest), allother cost/fees in cap and includes: MV $187.50 Doc $199 Tire Fee $7.5 Bank Fee $595 How does this deal look?
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| Can somebody post June's RV and MF for accord coupe v6 w/manual? Thanks. | |
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Replying to: bvdj84 (May 19, 2009 5:14 am) Even with tax, the payment that you were quoted looks slightly high. Not only that, but the selling price that the dealer gave you isn't great. The last time that I checked, Honda was providing $1,500 dealer cash on this car. This means that the selling price of slightly over dealer invoice that you were quoted is really equivalent to around $1,500 over. If I was in the market for this car, I personally would try to get this dealer to shave $1,000 off of this car's price or shop around to see if another dealer would. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: navicivic (May 19, 2009 9:40 am) Your brother can determine approximately how much it will cost him to get out of his current lease by comparing its purchase price to its value on the open market at this time. He should place a call to the bank that he is leasing his vehicle through to find out its exact price. Once he knows exactly how much money it is going to cost him to buy his leased vehicle he needs to compare it to its current value on the open market. He can find out approximately what his vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. He also may want to stop by the following discussion: "Real-World Trade-In Values". Remind him to check to see if he is still on the hook for his remaining lease payments. The difference between his leased vehicle's current value and how much it will cost him to buy it plus any remaining lease payments that he is obligated to pay will equal the cost of getting out of his lease right now. He may find that he is better off waiting until you are closer to the scheduled end of his lease to get another new vehicle. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: g2so (May 19, 2009 10:13 pm) According to the latest information that I have seen, Honda Finance's current buy rate lease money factor for a 36 month lease of any 2009 Accord is .00207 for consumers who qualify for its top aka "Super Preferred" credit tier. Honda Finance's current 36 month, 15,000 mile per year residual value for an '09 Accord Sedan EX-L V6 with navigation is 53%. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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