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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
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Replying to: Car_man (Jul 16, 2009 2:07 am)
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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.
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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!!! |
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Hello, Does anyone know the July MF and residual for an EX-L, 12k/yr 36 mo lease? Thanks,
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Replying to: ja54 (Jul 19, 2009 6:22 am) |
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I have been trying to negotiate a lease for a 2009 Accord Coupe LX-S or EX for the past 3 weeks, and I seem to be hitting a wall. I'm working through the internet department as I have in the past for 5 other leases. I thought the economy was bad, but I can't get what I want, unless I'm being unreasonable. What do you think? So far my quotes for an LX-S 36 mo. 12,000 miles with $1000 out of pocket have been about $280 per month with tax and for the EX same numbers about $300 per month with tax. All the dealers I am talking/seeing are about the same, give or take a dollar or two. Is this high, or is this about right? I'm limiting myself to $1000 out of pocket since I have a Mazda to return on a lease with a $400 return fee, plus God only knows what excess wear and tear they will charge although car in good shape. Any ideas or thoughts appreciated! I'm about ready to just buy a bike!!!! Both auto trans |
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Replying to: sleepysoo (Jul 17, 2009 8:41 am) thanks
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Replying to: jlee8071 (Jul 21, 2009 8:04 pm) assuming all the numbers are still the same (MF, residual, etc), that sounds like a decent deal. sounds like they're splitting the difference on the $1500 marketing incentive.
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Replying to: sleepysoo (Jul 21, 2009 10:42 pm) I'm not sure if residual is the same. The sales person put LX at 57%. I guess your EX has higher residual? The money factor is 0.00171. Is 57% correct? |
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A few newbie items: First, let me start by thanking the contributors to this post. I have learned so much in the past few weeks of reading about leases (and realized how badly I have been taken advantage of in past leases!). I have three questions: 1. When you call a dealership and ask for the money factor and residual on a particular vehicle, how does one know they are providing accurate information? They could give you a residual percent a point or two lower to hide some of the profit they are trying to get knowing that you will be calculating your own payment. 2. Having said that, could someone provide the latest money factor and residual % on a 2009 Honda Accord Sedan EX-L (no nav, V4) 36 month lease, 15K miles per year? 3. Why does the lease calculator on Edmunds.com ask for the mileage per year on the lease vehicle? If you are entering the residual you received from the dealer based on your mileage per year, what else is the form doing to the calculation with that information? I've been calculating on my own spreadsheet as I look at cars but if I'm not mistaken this is a flaw with the automated form. Thanks again, Mark
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