Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
Prices Paid: Buying & Leasing Experiences 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
|
|
|---|---|
|
Replying to: Car_man (Jul 16, 2009 2:03 am)  Thanks!
|
|
| 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? | |
|
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!
|
|
|
|
|
Replying to: avalon2000 (Jul 16, 2009 2:08 pm)
|
|
|
|
|
A NYC Honda dealer just gave me the following quote today: 2009 Honda Accord 4-dr sdn 2.4 EX-L w/Nav & auto tran -- $29,315 sticker Options: back-up sensors -- $510 retail installed fog lights - $280 retail installed all weather mats - $142 retail splash guards - $101 retail installed color: optional, prefer white Adjusted Sticker: $30,348 according to www.truecar.com, without above options, vehicle could be had for $24,500 in the NYC metro area. Add in a reasonable 50% cost of options retail cost, $517 + $24,500 = $25,017 true base cap, but, as seen below, dealer wants a calculated $26,785. Sign & Drive Lease w/Honda Finance 36 mo./ 15k miles  yr. Tier 1 Credit NYC sales tax 8.375% Residual 51% Money Factor .00195 $436 mo. Based upon my Lease Calculator computations for dealer quoted prices, working backwards: MSRP: 30348 Base Cap Cost: 26785 [dealer asked] Costs Added to Lease: 195 [doc. fee] Cap Cost Reductions 0.00 Adjusted Cap Cost: 26785 Residual Value: 15477 [51%] Money factor: .00195 Term (months) 36 Sales Tax %: 8.375 Monthly Payment: $402.32 + $33.69 tax = $436.01 Depreciation: 11503 Finance (Rent) Charge: 2980 Total Sales Tax: 1213 Total of All Payments: 15696 Total Lease Cost: 15696 If Base Cap Cost is $25,017, as per my above calculation, then monthly lease payment becomes $379.05, tax incl. And this ASSUMES that the Residual value is correctly a low 51%, as this is the same as for the V-6. ANY COMMENTS??? |
|
|
|
|
Replying to: Car_man (Jul 16, 2009 2:07 am)
|
|
|
|
|
Replying to: kingpcgeek (Jul 17, 2009 9:23 am) If only someone would figure out how to get the portable units off the windshields and into some universal slip-in space in the dashboard wherein it would also hook into a built-in roof top GPS antenna, then I'd consider it. Also, had OnStar in my 2003 TL-S, w/Nav as a separate factory built in. Have to say that OnStar is fabulous, worth every penny! Why Acura dropped it I'll never know. I now have it in my 2007 Saab 9-7X 5.3 SUV, and it is still wonderful, it now has turn-by-turn navigation, though I also have the factory built in nav anyway. 
|
|
|
Replying to: avalon2000 (Jul 18, 2009 1:58 pm) i also wish they had some kind of universal space that we can put a portable navi into without putting it on the windshield...it's so annoying!!! but, if i could afford it, i would have most definitely gotten the accord with navi...i just love honda/acura's navigation systems! for the amount i use navigation and for the convenience of it, it's totally worth my money. too bad i'm poor these days!!! 
|
|
|
Hello, Does anyone know the July MF and residual for an EX-L, 12k/yr 36 mo lease? Thanks,
|
|
|
Replying to: ja54 (Jul 19, 2009 6:22 am) |
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Honda Accord
Browse by Board
Browse by Topic
Today's Chats
