Ask the Car People.SM


Honda Accord Lease Questions

5261 messages,  Last post on May 22, 2013 at 9:24 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Honda Accord, Car Leasing, Coupe, Sedan

Messages Page 368 of 527

#3668 of 5261 Just leased a 2010 Honda Accord LX Auto 12k/yr by carleaser2

Dec 30, 2009 (4:40 pm)

- Just leased a 2010 Honda Accord LX Auto 12k/yr
- Total Paid at dealership $2000.00 (includes all fees, first payment, tax tags, etc)
- Remaining committed payments: 35 payments of $200.00 per month (includes taxes).
- My total cost for 3 years for this car is: 2000 + 35*200 = 9000 over 3 years
- I told the dealers all I want to pay them when I come in is $2k, and will send 35 pmts after that and they should tell me the $ amount of that including taxes. I told them I don't care what residual, money factor, cap cost, etc they use. All I care for is only paying $2000 on day 1, and then 35 payments of xx $ amount including all taxes and fees so I get a true out of pocket perspective. They started with $274/mo and got them down to $200.00.
- I am not looking to keep the car, only to use it for 3 years and then return it.
- Was this a good deal?
 
Thank you for everyone's help here - this is great

#3669 of 5261 Re: Just leased a 2010 Honda Accord LX Auto 12k/yr [carleaser2] by victor23

Dec 30, 2009 (8:31 pm)

Replying to: carleaser2 (Dec 30, 2009 4:40 pm)
Carleaser2:
- Many people here will criticize you for not caring about selling price and only asking for the lowest monthly payment. To me, your approach is quite legitimate, I would say, with a caveat: if only you know very well what is the right payment for your car.
- Is your payment right? The fact that you got the dealers down from $274 to 200 is impressive, but not because 200 is so good, rather, because 274 for LX is out of bounds.
- $200 for LX at 12k/yr and 2k down is about a standard (called Special Featured) Honda promotion, which is quite adequate, to my mind; still there is room to do better.
- Just an example: the poster msssny, post # 3666, will pay $400 less than you over 3 years for a much better car (LX-P).
- Doing better usually involves much haggling, though, and may be not up to everyone. The popular opinion that you send an email asking for an "internet price", and start receiving a lot of offers below MSRP, is just another urban legend.

#3670 of 5261 Accord LX '10 Lease 30 monts/12,000K miles by pianistat

Dec 31, 2009 (10:58 am)

Here is my pure price on my lease Accord LX 2010:
The Total Cost (with tax and everything included) of $7339 / 30 = 245 per month
I think pretty decent deal. What do you think? Also I was wandering if it was better to have it for 36 mounts instead? I asked if at the end of the 30 month they would consider extending the lease with 6 more and they said its possible but the lease company will have to decide...
 
Here are the details of my deal as in the contract:
Capitalized Cost Deduction (amount payed in cash) - $1573.44
Sales Tax on the Cash - 118
1st month - 178.45 (166 plus tax in FL)
Initial Title Fees - 60
Tire Fee - 3.50
Elec Fee Battey - 29
License - 201.55
TOTAL $2163.95
 
Plus 29 payments of 178.48
 
TOTAL cost (with tax) at the end of the lease: $7339

#3671 of 5261 2010 Honda accord LX-P leased in NJ by ma2010

Dec 31, 2009 (5:01 pm)

I just leased a 2010 Lx -P for 1800 plus documentation & title fee of 290 and first month payment.
 
My monthly payment is 187 including tax. for a 30 month lease and 12000 miles per year.
 
Is this a good deal...

#3672 of 5261 Re: 2010 Honda accord LX-P leased in NJ [ma2010] by carleaser2

Jan 01, 2010 (6:42 am)

Replying to: ma2010 (Dec 31, 2009 5:01 pm)
That sounds like a great deal. Which dealership/salesman was it in NJ...I need to pick another one up for my parents very soon and would greatly appreciate your help. Thanks!

#3673 of 5261 2 questions: Moving out of state/ Estimates fees and taxes by pianistat

Jan 02, 2010 (10:56 am)

Hi,
My first lease so I have two questions:
1. If I need to move in a different state will Honda Lease Trust allow me to drive/register my new Accord in the new place? If so do I just pay the new registration/title as only additional expense or there are more fees?
2. I just see that the Lease Agreement has a section called "Estimated fees and taxes during lease term" and the amount there is "estimated" to be 1051.70. Is this amount already included in my "Total amount I will have paid by the end of the lease" or this will be billed at the end of the lease additionally?
Thanks,
Chris

#3674 of 5261 michaelfn by michaelfn

Jan 03, 2010 (9:54 am)

Car Man, would you please post the newest (1/2010) Money Factor and Residual for a 2010 Accord Coupe EX-L, 4AT for 36 months, 36000 miles when they become available? Thank you.

#3675 of 5261 Re: lease deal for 2010 Crosstour [tymo] by Car_man HOST

Jan 05, 2010 (4:07 am)

Replying to: tymo (Dec 29, 2009 10:55 am)
Thanks Tymo. Sorry for the delay in my response. I took some time off for the holidays. Honda is actually scheduled to introduce its new January lease program some time later today. I can provide you with what its December lease program was like for the Crosstour, but its new program is likely to be very different. Please feel free to check back with me in a day or so and I should be able to give you an idea of what the new program is like.
 
Honda Finance's December buy rate lease money factor and residual value for a 36 month lease of a 2010 Accord Crosstour EX-L with 15,000 miles per year are .00133 and 60%, respectively for consumers who qualify for its "Super Preferred" credit tier. The addition of navigation knocks two percent off of this car's residual value.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3676 of 5261 Re: 2 questions: Moving out of state/ Estimates fees and taxes [pianistat] by Car_man HOST

Jan 05, 2010 (4:11 am)

Replying to: pianistat (Jan 02, 2010 10:56 am)
Welcome Chris. As long as you stay in the continental U.S. moving with a lease isn't a problem. Honda won't charge you anything additional.
 
Any fees or taxes that you have to pay on your lease will either be paid at signing or baked into your monthly payment. You won't get tagged with all sorts of taxes and fees at lease-end. Some banks charge a disposition fee when lessees return their vehicles, but to the best of my knowledge Honda Finance still does not charge one.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3677 of 5261 Re: michaelfn [michaelfn] by Car_man HOST

Jan 05, 2010 (4:17 am)

Replying to: michaelfn (Jan 03, 2010 9:54 am)
Hi michaelfn. Honda is actually scheduled to introduce its new January lease program some time later today. I will provide you with its December lease program for the car that you are interested in now, but keep in mind that its new January program is likely to be very different.
 
Honda Finance's December buy rate lease money factor and residual value for a 36 month lease of a 2010 Accord Coupe EX-L 4-cylinder with 12,000 miles per year were .00133 and 57%, respectively.
 
Please feel free to check back with me in a day or so and I'll gladly give you an update on what the new program is like.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 368 of 527

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement