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Honda Accord, Car Leasing, Coupe, Sedan
#4330 of 5554 Lease on 2011 Honda Accord EX-L
Feb 13, 2011 (4:03 pm)
Leased a 2011 Honda Accord EX-L for $238 a month, we traded in a 1999 Toyota Corolla for $2900 that was put towards the $1800 in drive off fees etc and to bring lease payments down. Residual we received based on a credit score above 700 was .57 for 36 months 12,000 miles. The dealer matched the sale price on truecar.com for $24,318 when msrp was $28,105. He also threw in wheel locks for free and included a sunroof visor for free as well, overall I was very happy with this deal. Anyone else think this was a good deal? Also, I live in the bay area.
#4331 of 5554 SE Lease with 15k miles
Feb 15, 2011 (11:41 am)
I finally got the Accord 2011 SE with 15k miles for 1515 down. Now I have a payment of 232 including tax for the next 35 months.
Residual is around 14k 57%. The sale price of the car was 20350.
What you guys say?
#4332 of 5554 Re: Diminished value on a leased car? [leasewizard]
Feb 22, 2011 (4:50 pm)
LeaseWizard is right. This is actually one of the major advantages to leasing. Any vehicle that has been in an accident will experience diminished value, however as long as it has been repaired properly the bank that it is being leased through has to eat the eventual loss not the lessee.
Prices Paid: Buying & Leasing Experiences Forum
#4333 of 5554 Re: Bay Area dealers [carbuyer786]
Feb 22, 2011 (4:55 pm)
Hi carbuyer786. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan SE with 15,000 miles per year are .00123 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
If I was in the market for this car right now, I personally would shoot for a selling price of a couple hundred dollars over dealer invoice minus the available cash incentive ($1,250 on leases).
Prices Paid: Buying & Leasing Experiences Forum
#4334 of 5554 Accord Coupe EX-L
Feb 26, 2011 (5:14 pm)
Hi Car_man & all!
Looking for the current money factor and residual value for a 36 month lease of a 2011 Accord Coupe EX-L with 15,000 miles per year. I plan on closing the deal no later than Monday.
I want to personally thank you again Car_man for all your help three years ago when I leased my civic ex coupe and say i couldn't have done it without you and the gang!
Please give me your opinion on the following quote from a local Houston TX dealer on the above mentioned accord:
2011 Accord Coupe EX-L = 22,776.00
Destination Fee = 750.00
Protection Package = 339.00
Window tint = 150.00
SUB TOTAL = 24,015.00
Trade in Allowance -
Trade Difference = 24,015.00
Sales Tax - 6.25% 1,500.94
Trade Pay Off = 0.00
Inventory Tax - .2103 + 50.50
Documentary Fee + 125.00
Title, Inspection, License Fee + 134.05
Extended Warranty (Honda Care) +
Cash/Finance Total Drive Out = 25,825.49
This is the final cost of the 2011 Accord Coupe EX-L.
I am not quite sure as to what the "protection package" is, and was wondering if I should try and get that taken off before closing the deal.
Thanks again for all of your help!!! I TRULY appreciate it!!!
#4335 of 5554 Accord Sedan SE 2011 Lease
Feb 28, 2011 (7:53 am)
For an Accord Sedan SE 2011 Lease in Northern NJ, I was quoted $250/mo with $0 down and taxes and fees included.
Car_Man, is that a good deal?
Thank you so much for your help and time.
#4336 of 5554 Accord 2011 LX-P lease
Mar 03, 2011 (2:03 pm)
I'm looking to lease a 2011 Accord LX-P for 36 months with 12k miles per yr. Can you please provide me with the money factor and residual?
#4337 of 5554 March Accord Lease Specials
Mar 04, 2011 (9:18 am)
I saw the March 2011 Accord lease specials and contacted my local dealer in Ottawa, Illinois. The "special" for a 2011 Accord SE was $209 per month for for 36 months, 12k miles per year. But had to put $1999 down, plus tax, title and license due at signing (about another $2000), for a total of $4k up front. Also offered a price for a 2011 Accord SE of $290/month for 36 months, 12k miles per year. Only first payment due at signing. All taxes, title, license, fees included. Is this $290/month cost a good deal? If not, what is the "right" way to negotiate this lease? Sorry for asking such a broad question, but I have never leased before.
#4338 of 5554 Honda Accord LX-P
Mar 05, 2011 (3:15 pm)
Offered a deal on Accord LX-P. No money down. First month paid. 35 months remaining on a 12,000 mile a year lease. Out the door for $270.00 including tax per month. Is this a good deal?
#4339 of 5554 Re: Honda Accord LX-P [mitchbee]
Mar 06, 2011 (7:30 am)
NO! Youare paying too much. You should be closer to $200,
LX $159 month with $1500 down (includes tax, tags , title and bank fee)
for 24 months Verified deal
that is $223 a month for 24 months $0 down
Your payment should be lower over 36 months