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Prices Paid: Buying & Leasing Experiences 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
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This is in Florida and I don't have all the specifics with me now. I did want to share with everyone the deal I got in case it helps you. 2010 Accord LX. $1,966,92 out of pocket, I don't have the breakdown with me of where they appropriated this money to. I remember seeing something like $1,200 or so for cap cost. I also remember seeing on my paper they used a residual of something like 58 or more likely 61 to 62%. This $1,966.92 included 1st month, tags, title everything. Total monthly payment for 36 months tax included is $222.98 Hope this helps someone. (no idea how much is cap reduction etc..). Total monthly payment for 36 months tax included is $222.98 |
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Hi hope you can assist me with the lease. Im looking to lease a 2010 Accord EXL for 36 months, 1000.00 out of pocket, 15000 miles per year. Currently have 4 months left on BMW lease so will roll the 2340.00. I was quoted 466.00 including tax. I figured to be about 432 including tax. I think the money factor and residual I used was 61% and money factor of .00133. MFG is 29540 with a selling price of invoice 26837.00. Thank you for all your help.
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Replying to: isellhondas (Nov 05, 2009 8:06 pm) Initial down 1999, 299 doc fee, 595 acq. fee, 125 tax+registration Here's the breakdown of that deal... $1999/36 (months) = $55.52 a month more if no money was put down. Thus making the payment $200.52 before tax. I know that he said that he leased it in MA. Honda Village in Newton MA is advertising a 2010 LX for $179+tax with $599 down plus fees due at signing. All the fees are the same as compared to the above quoted lease with the one exception being that Honda Village makes you pay the "destination charge" at signing (which is BS and possibly not even legal, but is besides the point for the sake of this comparison). Dest. is $710. $710/36months = $19.72 more per month (if rolled in to payment as opposed to being paid upfront). $599/36months = $16.64 more per month (again, if rolled in to payment as opposed to being paid upfront). Therefore, if the "destination fee" was rolled into the payment, and $0 was put down as opposed to the $599, you would be looking at a monthly payment before tax of $215.36. The extra $15.36 a month over the 36 month lease totals about $553. I would assume Honda Village is not advertising their Accord lease (which they specifically say they have 10 available at that price) at dealer invoice, though i may be wrong. Thus, it would make sense that they might be advertising at about $500 over invoice, in which case, the quoted lease above, which everyone seems to think is impossible, actually seems quite possible. Let me know if you think I am wrong. My fiance and I will actually be going there tomorrow to lease her a new Accord LX, and i will let you all know if this happens to be the case or not.
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Hi Car Man. Looking to lease a 2010 Accord EX Sedan at 10,000 miles per year for 36 months. Can you please let me know what the current residual value and money factor is? If there is a difference in numbers with and without nav I'd appreciate it if you could let me know both. Many thanks. |
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Replying to: crani (Nov 11, 2009 8:23 am) |
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Car man, Can you please give me the Residual and Money Factors on the following 2 cars? I am trying to figure out a lease for 36 months/15,000 miles. 2010 Honda Accord LX-S Automatic Coupe 2010 Honda Accord EX Automatic Coupe Thanks!! |
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| i have a few questions.. im in the Bronx, NY looking to get into a Honda Accord Coupe before the end of the year.. Really looking into the EX-L (4 cylinders).. How much should i expect to be paying on a lease?.. My budget is around $350-400 for a monthly payment.. and when should i go? end or beginning of the month? does that effect the price? any advice before i go to the dealer and sign on a lease since its my first experience with buying a car. | |
| Hi I was wondering if this is good deal 2dr LXS with out of pocket 700.00 and 36 month $294.99 12K miles plz let me know your input on this deal thanks | |
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Replying to: solepole (Nov 11, 2009 1:54 pm) |
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i have a few questions.. im in the Bronx, NY looking to get into a Honda Accord Coupe before the end of the year.. Really looking into the EX-L (4 cylinders).. How much should i expect to be paying on a lease?.. My budget is around $350-400 for a monthly payment.. and when should i go? end or beginning of the month? does that effect the price? any advice before i go to the dealer and sign on a lease since its my first experience with buying a car.
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