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Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
3642 messages, Last post on Dec 09, 2009 at 3:31 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: fmejia83 (Jul 15, 2009 9:38 am) SIGN AND DRIVE ONLY No cap cost. Compare the prices to what you see here. Of course they would love to fleece you. Happens all the time. Some will lie and say only with money down. Or e can lower your payments when you put thousands of dollars down on a lease. Robert
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Replying to: robertw477 (Jul 15, 2009 11:51 am) |
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Replying to: avalon2000 (Jul 10, 2009 12:53 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: jlee8071 (Jul 11, 2009 8:42 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: koftheworld (Jul 14, 2009 6:17 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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I am looking to trade my 2003 ford explorer on a 10000 mile/yr (possibly 12000) 2 year lease for a Honda Accord LX-S 2dr. Msrp 23,205 Invoice 21,044 Kbb puts my trade in value 6700 for "good" condition, which it is, and it is paid off. I want a just straight up trade (I know it is odd but it fits my unique situation perfectly). I have cash available that I would prefer not to use, but will If I see value. I chose this model Accord because it seemed to fit the equal trade the closest based on the lease calculators I have been using. I am a using residual of 66% and not sure how/if the money factor is relevant. I want to be aggressive in what in get in return for my trade, but even trade is almost ideal (ideally I would get cash back). How can I expect the dealer to view this? Am I in the right range as far as MSRP to meet my goal? Overall, how can I maximize the car I get in return for what I am offering? |
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Replying to: Car_man (Jul 16, 2009 2:03 am)  Thanks!
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| I'm being offered $384 a month for 36 months with $750 down to cover first month and inceptions for an 09 accord coupe 4cyl auto with nav. Selling price $24925 residual is 51% for 12k miles and money factor is .00171. Does this look like a good deal? | |
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Replying to: jlee8071 (Jul 13, 2009 11:54 pm) well, based on my calculations, you should be able to get somewhere around $237.42 on up. here are my assumptions to come to that number...remember, i don't know if these have changed for july or not... money factor: .00207 Residual: 60% 12k miles/year 3 years 8.75% tax (OC tax rate) Basically, the number i got up there is the invoice price minus the $1500 dealer incentive (they call it a marketing allowance). Without $1500 off, it's $286.11/month. I hope they're still doing the $1500 dealer marketing allowance. if they are, and all the other numbers are correct, then you should be able to get something between the two numbers i mentioned above...just depends on how much you want the dealership to make!  oh yeah...this is with 0 down. probably need to make 1st month payment and doc fees. but, that number i posted above includes the destination fee. so, don't let them make you pay that up front. if they do, then the payments should be lower!
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Replying to: avalon2000 (Jul 16, 2009 2:08 pm)
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