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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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#3314 of 3625
Re: June's RV and MF [kingpcgeek] by tarp_kitko
Jun 08, 2009 (2:21 pm)
Reply

Replying to: kingpcgeek (Jun 04, 2009 7:46 am)

Ok so here is the deal.
They gave me a selling price of $26544, which Im fine with. Then they confirmed that they have the same RV - 52% (for 15k/year), and MF - 0.00207. Now when I did my calculations i came up with $370 before taxes, and $391 after taxes. They came up with $409.60 after taxes. I very clearly explained how i got my numbers, they, on the other hand, just kept pointing at the paper and kept telling that these are their numbers. Then I offered $400, but they said no. So what do you think? Should I settle for $409.60 a month or i can get a better deal?
BTW, to everybody else - we are talking about accord coupe V6 with MT no Navi.
#3315 of 3625
Re: June's RV and MF [tarp_kitko] by kingpcgeek
Jun 08, 2009 (2:55 pm)
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Replying to: tarp_kitko (Jun 08, 2009 2:21 pm)

You didn't say how much you are paying at drive-off. Just first month's or first month's, acquisition, doc, and TTL, i.e. how much are you rolling into the lease?
#3316 of 3625
Re: June's RV and MF [kingpcgeek] by tarp_kitko
Jun 08, 2009 (4:51 pm)
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Replying to: kingpcgeek (Jun 08, 2009 2:55 pm)

$609 ( first month, taxes, title, doc fee).
 
This is what another dealer just emailed me:
Our Selling Price - $26610
Doc fee - $190
6% tax - $1608
Total OTD - $28408
  
36months/15k per year
MF - .00207
RV - 52%
Money down - $650 (covers first month, taxes, title, doc fee)
Monthly - $408.47 includes taxes
 
The odd thing about this offer is that they added taxes in the beginning.
#3317 of 3625
Re: June's RV and MF [tarp_kitko] by kingpcgeek
Jun 08, 2009 (4:57 pm)
Reply

Replying to: tarp_kitko (Jun 08, 2009 4:51 pm)

Although most states only charge sales tax on monthly payments (and down payment, if any), some states, such as Texas, New York, and Illinois, require the entire sales tax up front, based either on the sum of all lease payments or on the full sale price of the vehicle, depending on the state.
#3318 of 3625
Re: June's RV and MF [kingpcgeek] by tarp_kitko
Jun 08, 2009 (5:08 pm)
Reply

Replying to: kingpcgeek (Jun 08, 2009 4:57 pm)

I'm in Michigan.
So what do you, guys, think about these two offers?
#3319 of 3625
2009 Accord LX Automatic lease by ajmm
Jun 08, 2009 (6:43 pm)
Reply
I'm waiting for the breakdown of the numbers we have been given for an Accord LX lease, but the basics are...
 
36 months
12,000 miles/year
$271.15/month
$0 down
 
Are we on the right track for a good deal? Thanks!
#3320 of 3625
Re: June's RV and MF [tarp_kitko] by kingpcgeek
Jun 09, 2009 (8:15 am)
Reply

Replying to: tarp_kitko (Jun 08, 2009 5:08 pm)

I had to go back a few posts, but it looks like this is for a Manual EX-L V6 Coupe?
 
The invoice on this car is 26,910 and there is $1,5000 dealer cash available. You should be getting that car for around 25,410. They are only giving you $300 of the $1500 dealer cash. The other item missing from your numbers is the $595 acquisition fee you have to pay to Honda for the lease. I wonder if it is included in the selling price, even though I have never seen a dealer do that in a quote.
#3321 of 3625
Re: 2009 Accord LX Automatic lease [ajmm] by kingpcgeek
Jun 09, 2009 (8:19 am)
Reply

Replying to: ajmm (Jun 08, 2009 6:43 pm)

You cannot evaluate a lease deal without knowing the selling price and what you are rolling into the lease, how much is TTL, Doc fee, etc.
#3322 of 3625
Re: 2009 Accord LX Automatic lease [kingpcgeek] by ajmm
Jun 09, 2009 (7:07 pm)
Reply

Replying to: kingpcgeek (Jun 09, 2009 8:19 am)

Just got the rest of the information:
 
Selling price: $18,559.00
Residual: $13,201.25
Money Factor: 0.00207
Monthly payment: $271.15 (All taxes, fees, etc. included in this monthly payment)
Due at signing: $0
 
Thank you for any advice!
#3323 of 3625
2009 Accord EX L Sedan ATM by donaldoadams
Jun 15, 2009 (1:10 pm)
Reply
I was offered this deal on Saturday (Chicago Area)
  
Thoughts....?
  
2009 Accord EX L Sedan.....Green w.Black leather
Automatic
36 month lease, 15,000 miles/year
Sales price: $22,799.00= $24299-$1500 dealer cash
Down payment $2180.00 Tax, ttile, Doc 1st months payment ($1711.43 Tax +$150 plates + $319 1st months payment)
RV 55%
Residual: $14,891
Money Factor: 0.00207
Monthly payment: $319
  
I am thinking they should knock about $499 more off of the vehicle price.

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