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Honda Accord Lease Questions

3628 messages,  Last post on Dec 04, 2009 at 2:36 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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#3327 of 3628
LX AT Lease Advice Needed by jc5748
Jun 20, 2009 (11:41 am)
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Hi everyone, new to the forum, but have been watching and researching for months.
I have a lease offer in the Chicago Suburbs on an LX w/ AT.
MSRP: $22,375
Selling Price: $18,470
Taxes and all Fees: $1,792
36 months, 12k, $253 (1st month) down only
$253/mo
 
Is this a good deal?
Does this offer add up and seem legit?
Anyone with experience here feel free to give your input. I would really appreciate it.
#3328 of 3628
Re: LX AT Lease Advice Needed [jc5748] by pegasus17
Jun 20, 2009 (12:26 pm)
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Replying to: jc5748 (Jun 20, 2009 11:41 am)

REF: 3327
Here in OH a dealer has a ZERO o-t-d offer of 247 + tax for the LX sedan a/t
  
http://honda.vossauto.com/Specials-New.aspx#04
 
Don't know your tax/fee structure in IL but it does seem high to me...
#3329 of 3628
Re: LX AT Lease Advice Needed [pegasus17] by jc5748
Jun 20, 2009 (11:07 pm)
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Replying to: pegasus17 (Jun 20, 2009 12:26 pm)

The taxes here are charged on the full purchase price. We are one of the few states that still do this nonsense. That being said, my payments would be $253 with zero down (just 1st month payment) , or $199 with taxes and fees due up front (1750ish)
#3330 of 3628
Please evaluate this deal by syano
Jun 22, 2009 (10:08 pm)
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2009 EX-l 4cyl with Navi
MSRP: 29,275
Selling Price: 24,138.83 (agreed upon value)
Gross Cap Cost: 24,733.83
Cap Cost Reduction 2022.93
Adjusted Cap Cost: 22,710.90
Residual: 53% of MSRP - 15,515
Money Factor: .00207
Term: 36 month
Total Due at signing: 3,125
Payment: 279 + Tax
Payment with Tax: 298.53 (7% tax here in Forsyth Georgia)
 
Please note: I choose to put more money down to reduce the payment. The reason why, I would like to save for another discussion. This dealership would have allowed me to divide my down payment by 36 and roll that into the monthly payment.
 
Thank you,
#3331 of 3628
Re: Please evaluate this deal [syano] by robertw477
Jun 23, 2009 (4:10 am)
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Replying to: syano (Jun 22, 2009 10:08 pm)

Putting more money down to lower the payment. I always wonder about this. With no benefit to you. If the car is stolen or totaled you lose the 3125. The idea of a lease is not t put any money down. I cant understand how people bought houses with no money down but want to put money down on a lease to lower their payments. Put the 3125 into a checking account and use it to pay the first 7-8 months of you lease.
 
Rob
#3332 of 3628
Re: Please evaluate this deal [syano] by bvdj84
Jun 24, 2009 (7:16 am)
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Replying to: syano (Jun 22, 2009 10:08 pm)

Without all the money down, your payment would be about $380-390approx.
So, your down payment seems bad then...
 
Keep the sale price, $0 Down!
#3333 of 3628
EX V6 info by houdini33
Jun 24, 2009 (7:18 am)
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Does anyone know what the RV and money factors are for the base EX V6 AT sedan? I can only seem to find the RV and money factors for the V6 in the EX-L trim. Thanks in advance for any help!
#3334 of 3628
Re: EX V6 info [houdini33] by houdini33
Jun 24, 2009 (7:21 am)
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Replying to: houdini33 (Jun 24, 2009 7:18 am)

Forgot to mention I am looking for 36mo. 15k/yr. Thanks!
#3335 of 3628
Lease deals on Long Island for Accord LX and LX-P by joeygtp
Jun 28, 2009 (9:38 am)
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Got an email quote for both an Accord LX and LX-P. Sign and drive, 36 months, 15,000 miles per year. The prices seem almost too good. What does everyone think:
 
A lease for a 2009 Honda Accord LX Sedan :
Months 36
Miles 15k a year
Upfront 1st month and DMV
Monthly $276.75
Residual Value 57%
Money Factor 0.002070
  
A lease for a 2009 Honda Accord LX-P Sedan:
Months 36
Miles 15k a year
Upfront 1st months and DMV
Monthly $295.00
Residual Value 57%
Money Factor 0.002070
 
Sale prices not mentioned in this email, but here is what I received before this quote:
 
Vehicle: 2009 Honda Accord LX Sedan
MSRP: $22,375
Special Internet Price: $18,138
Destination: $670
Your Price: $18,808
 
Vehicle: 2009 Honda Accord LX-P Sedan
MSRP: $23,375
Special Internet Price: $19,042
Destination: $670
Your Price: $19,712
#3336 of 3628
2009 lease.. by midway54
Jun 28, 2009 (7:11 pm)
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What would be a fair price to pay for a 2009 Accord LX auto sedan with just 1st mos down and a 3 yr 12k lease..I was looking to get one by Tuesday and if anyone has a quote on same car please let me know..I hear there is a 1500 dealer incentive running now til June 30...Thanks for any help..

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