Sign In Join 



Honda Accord Lease Questions

3630 messages,  Last post on Dec 06, 2009 at 9:12 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


Messages Page 331 of 364
1
...
328
329
330
331
332
333
334
...
364
Prev
Next
Last
Go To Msg #
Search This Discussion

#3296 of 3630
Re: Monthly Payments for Leasing Accord EX [kingpcgeek] by jaycee27
May 23, 2009 (9:45 am)
Reply

Replying to: kingpcgeek (May 23, 2009 8:11 am)

The selling price is $22,845 for EX-L 4-cyl auto trans.
#3297 of 3630
Re: Please rate my quote, EXL w/o nav [erikadeee] by bvdj84
May 23, 2009 (12:03 pm)
Reply

Replying to: erikadeee (May 23, 2009 7:54 am)

Quoted $0 down for an EX-L V6 $369, first payment due.
#3298 of 3630
Re: Monthly Payments for Leasing Accord EX [jaycee27] by rogue8
May 23, 2009 (5:50 pm)
Reply

Replying to: jaycee27 (May 23, 2009 9:45 am)

hello jaycee27...did you get 22,845 price from dealer..sounds really good..i am interested in leaseing..is there a dealer incentive..thanks
#3299 of 3630
Lease Accord Coupe 4cyl Auto EX-L (no navi) by jgreenberg
May 26, 2009 (10:10 am)
Reply
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?
#3301 of 3630
June's RV and MF by tarp_kitko
Jun 02, 2009 (6:42 pm)
Reply
Can somebody post June's RV and MF for accord coupe v6 w/manual? Thanks.
#3302 of 3630
Re: Honda Accord: Lease Questions [bvdj84] by Car_man HOST
Jun 03, 2009 (1:56 am)
Reply

Replying to: bvdj84 (May 19, 2009 5:14 am)

Hi bvdj84. I'd be happy to work up a payment on the car that you're interested in for you. According to my calculations, if you were to lease a 2009 Honda Accord Sedan EX-L V6 with Navigation that has an MSRP of $31,575 and a selling price of $28,722 through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $411 assuming that you qualify for its top aka "Super Preferred" credit tier.
 
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
#3303 of 3630
Re: Lease Termination Fees [navicivic] by Car_man HOST
Jun 03, 2009 (2:00 am)
Reply

Replying to: navicivic (May 19, 2009 9:40 am)

Hi navicivic. I am sorry to say that it is usually fairly expensive to get out of leases well before their scheduled end dates. In order to do so, your brother would need to purchase the vehicle that he is currently leasing from the bank that he is leasing it through. It often turns out that it costs more to do so than one's vehicle is worth on the open market. Furthermore, many banks expect consumers who end their leases early to still make all, or at least the depreciation portion of their remaining lease payments. As you can see, this can get very expensive.
  
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
#3304 of 3630
Re: Lease info on 2009 Honda Accord 3.5 EX-L w/Navigation 4/dr [g2so] by Car_man HOST
Jun 03, 2009 (2:12 am)
Reply

Replying to: g2so (May 19, 2009 10:13 pm)

Hi g2so. If I was in the market for a Honda Accord right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $1,500 dealer cash that is currently available on this model. You can look up the invoice price of the exact car that you are interested in by visiting the New Vehicle Pricing section of Edmunds.com.
 
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
#3305 of 3630
Re: Lease Accord Coupe 4cyl Auto EX-L (no navi) [jgreenberg] by Car_man HOST
Jun 03, 2009 (2:33 am)
Reply

Replying to: jgreenberg (May 26, 2009 10:10 am)

Hello jgreenberg. The dealer invoice price of the car that you described is $24,605. The selling price that you were quoted is $1,500 under dealer invoice (or right around invoice once the available dealer cash is taken into account). That is an excellent selling price. Just make sure that the dealer that you are working with uses Honda Finance's current buy rate lease money factor of .00207 (top credit tier) to calculate your monthly payment and you're in business.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 331 of 364
1
...
328
329
330
331
332
333
334
...
364
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement