You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions

Honda Accord Lease Questions

3624 messages,  Last post on Nov 24, 2009 at 7:59 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

Messages Page 345 of 363 1 ... 342 343 344 345 346 347 348 ... 363 Prev Next Last

Go To Msg # Search This Discussion

#3439 of 3624 Re: Accord..want to get out of a lease with just 8 payments left!! [mickeymouse1]Un [kingpcgeek] by mickeymouse1 Aug 17, 2009 (4:53 pm)
Replying to: kingpcgeek (Aug 17, 2009 9:48 am) I actually spoke to a representative. Normally, they do help you facilitate a lease transfer. Since Honda doesn't support the lease transfer, they have another option which is called the NEW LOAN PROGRAM. Here is a excerpt from the email I received from them:   Our New Loan Program (NLP) helps people that have leases with leasing companies that do not allow lease transfers (or would not want to remain obligated to a lease once transferred). The NLP can also be used in situations with high payments which need to be reduced or refinanced, over-mileage or any other applicable reason.   Benefits of the New Loan Program:   Your liability with the vehicle will be completely removed. No penalties or additional fees. No negative effect on your credit history (will reflect as paid as agreed and balance transferred).       Here is how the program works:        1. You will call your leasing or finance company for the dealer payoff (payoff without taxes)   · Swapalease.com will set up a new loan offer (based on payoff)   · Competitive Rates   · Zero Down   · No mileage limit   · Ownership at the end   2. Swapalease.com will list your vehicle until it sells   · Your buyer will apply for credit with our lenders   · Once approved, the new buyer will sign new loan documents with the lender   3. You will drive your vehicle as normal, but once the buyer’s credit is approved a third party finance firm will buy your vehicle for finance to a new party!   · The lender will call your financial institution to insure we have the correct payoff   · The lender will send a payoff check on your behalf to pay off the vehicle
#3440 of 3624 Re: Accord..want to get out of a lease with just 8 payments left!! [toyoman8] by mickeymouse1 Aug 17, 2009 (5:00 pm)
Replying to: toyoman8 (Aug 17, 2009 12:24 pm) That is exactly what I am afraid of....I think the piece of mind is worth the $$ it will cost....I appreciate your input!
#3441 of 3624 Re: Accord..want to get out of a lease with just 8 payments left!! [toyoman8] by kyfdx HOST Aug 17, 2009 (6:23 pm)
Replying to: toyoman8 (Aug 17, 2009 12:24 pm) Your issue had more to do with Volvo Finance than Swapalease. Some banks don't absolve you of responsibility when someone takes over your lease. If that is the case (and it was with Volvo Finance), then I'd never enter into that sort of arrangement.   However, there are plenty of banks that once the lease is assumed, will let you completely off the hook. (BMWFS is one of them). In that case, your liability is zero, once the lease transfer is completed.   regards, kyfdx Replies to this message: toyoman8 (Aug 18, 2009 5:27 am) toyoman8 (Aug 19, 2009 6:02 am)
#3442 of 3624 Re: End of Lease Question for Honda Vehicles [smarty666] by d_cisiv_1 Aug 17, 2009 (7:21 pm)
Replying to: smarty666 (Aug 17, 2009 10:19 am) just an F.Y.I. , VW Credit,i'm sure the same goes for Audi, has a $450 disposition, really not looking forward to paying it in a couple of months,1st of 5 leases i have ever dropped off at least end Replies to this message: smarty666 (Aug 18, 2009 4:52 am)
#3443 of 3624 Re: End of Lease Question for Honda Vehicles [d_cisiv_1] by smarty666 Aug 18, 2009 (4:52 am)
Replying to: d_cisiv_1 (Aug 17, 2009 7:21 pm) wow, yeah I think; they all are starting to charge this disposition fee; I was just surprised because I just returned a 2005 FX35 lease where there was no disposition fee and have leased 2 Acura's where there was no disposition fee; I think right now Honda and Acura Financing are the only ones who still don't charge one
#3444 of 3624 Re: Accord..want to get out of a lease with just 8 payments left!! [kyfdx] by toyoman8 Aug 18, 2009 (5:27 am)
Replying to: kyfdx (Aug 17, 2009 6:23 pm) yes you are correct, swaplease did everything they could, to make it work as pleasant as possible. Now I like the NEW LOAN idea that they have, I would defiantly consider it, since they completely remove liability of the previous owner. Replies to this message: toyoman8 (Aug 19, 2009 6:02 am)
#3445 of 3624 Re: Accord..want to get out of a lease with just 8 payments left!! [toyoman8] by toyoman8 Aug 19, 2009 (6:02 am)
Replying to: toyoman8 (Aug 18, 2009 5:27 am) the company I went thru was Leasetrader.com so it may not have same rules as swaplease
#3446 of 3624 Just got an accord EX by burzhui Aug 19, 2009 (9:20 pm)
August   All standard Equipment The Money factor is .00171 residual value 57% Initial payment = destination charge + DMV + first month payment + NYCtire tax = $1200.00 12000K miles 36 months lease Monthly payment $303 includes taxes   got it in queens, NY   Good Deal? Replies to this message: ipacorp (Aug 27, 2009 6:06 pm)
#3447 of 3624 Re: Was this deal a good one? [koftheworld] by Car_man HOST Aug 20, 2009 (3:21 am)
Replying to: koftheworld (Jul 18, 2009 1:34 pm) You're welcome, koftheworld. The dealer invoice price of a 2009 Honda Accord LX with an automatic transmission is $20,398. If one subtracts the available $1,500 dealer cash from that it drops to around $18,900. The selling price that you were quoted for this car, $18,867.90, is right around dealer invoice minus the available incentives. That is a very good deal.   Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#3448 of 3624 Re: July MF [ja54] by Car_man HOST Aug 20, 2009 (3:30 am)
Replying to: ja54 (Jul 19, 2009 6:22 am) Here you go, ja54. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Accord EX-L 4-cylinder Sedan with 12,000 miles per year are .00171 and 55%, respectively. When negotiating your lease on this car, make sure to take advantage of the $1,500 dealer cash that is currently available on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum

Messages Page 345 of 363 1 ... 342 343 344 345 346 347 348 ... 363 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Accord Lease Questions