Ask the Car People.SM


Honda Accord Lease Questions

5229 messages,  Last post on May 17, 2013 at 7:38 PM

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

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

Messages Page 489 of 523

#4881 of 5229 2013 Honda Accord Lease Deal - Is it a good deal? by tito210_nyc

Nov 23, 2012 (2:14 pm)

Planet Honda - New Jersey
 
Model #CP2E3CEW, 4 dr, 4 cyl, automatic transmission, p/s/b, MSRP $23,270. $169/mo lease. $0 down payment + $159 first month's payment + $0 sec dep + $795 bank fee = $954 due at signing + tax, tags, fees, etch and any dealer-installed options.
 
Ttl Pymt/Residual: $6,201/$14,660. 10k mi/yr/ .20¢/mi.over. 39 month lease. Closed end lease for 720+ FICO score lessees. One year Olympicare Maintenance plan includes two oil changes and one tire rotation.
 
Payments not to exceed $300/mo to be made by Planet Honda through reduction in amount due at signing. Does Not Require Loyalty or Conquest to Qualify. Not responsible for typographical errors. Cannot be combined with any other discounts or offers. Subject to availability.

#4882 of 5229 Re: 2013 Honda Accord Lease Deal - Is it a good deal? [tito210_nyc] by gee22

Nov 24, 2012 (11:28 am)

Replying to: tito210_nyc (Nov 23, 2012 2:14 pm)
That ad has been around for a while now. Standard lease add where there is no mention of the other fees you will need to pay (documentation, marketing, etc.) Don't expect to pay just $954 at signing for such a low monthly rate.
Based on the $795 bank fee, you will be dealing with a third party leasing company (Honda Finance's fee is $595). They will probably be charging you for excess wear and tear that would be considered normal wear and tear by Honda Financial. I'm willing to bet their lease end disposition fees will be higher than Honda Finance too. Third party leasing companies are in it to make money on this deal, they are not trying to win your future business too.

#4883 of 5229 Re: Accord Coupe Lease quote EX-L v-6 [hallja] by Car_man HOST

Nov 25, 2012 (7:54 am)

Replying to: hallja (Nov 10, 2012 11:32 am)
Hi hallja. Honda Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Coupe EX-L V6 with Navigation and 12,000 miles per year are .00155 and 56%, for consumers who qualify for its top credit tier.
 
I'm not sure if Honda Finance offers Accord leases with only 10,000 miles per year, but if it does the residual value for one would be 1% higher.
 
You can use the pricing data that's available in the New Vehicle Pricing section of Edmunds.com and the formula that's outlined in the following article to work up a payment on this car: Calculate Your Own Lease Payment.
 
i>Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4884 of 5229 Re: 2012 Accord Sedan EX-L V6 [refrunner] by Car_man HOST

Nov 25, 2012 (7:57 am)

Replying to: refrunner (Nov 19, 2012 10:50 am)
Here you go refrunner. Honda Finance's November buy rate lease money factor and residual value for a 24-month lease of a 2012 Accord Sedan EX-L V6 without navigation with 12,000 miles per year are .00021 and 56% for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 36-month lease are .00021 and 49%.
 
There is a total of $2,250 dealer cash on this car right now.
 
i>Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4885 of 5229 Re: 2013 Honda Accord EX-L v6 - Money Factor and residual [ejosh87] by Car_man HOST

Nov 25, 2012 (7:59 am)

Replying to: ejosh87 (Nov 19, 2012 7:48 pm)
Certainly ejosh87. Honda Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan EX-L V6 without navigaiton with 15,000 miles per year are .00155 and 58% for consumers who qualify for its top credit tier.
 
i>Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4886 of 5229 2012 Honda LXP in PA by i_love_hondas

Nov 25, 2012 (8:55 pm)

Residual: $13,480
Annual mileage: 12,000
Lease term: 36 payments
 
I will end up putting on more than that due to an unexpected job change.
 
I owned my last Honda for 12 yrs and did a lease/purchase conversion many yrs ago.
 
My contract states:
Excessive Wear and Use: I may be charged for excessive wear baed on Lessor's standards for normal use and for mileage in excess of 12,000 miles per year at the rate of .15-cents per mile.
 
Purchase Option at End of Lease Term: I have an option to purchase the Vehicle AS-IS, Where-IS at the end of the Lease Term for $13,480, PLUS any required taxes and fees.
 
If I exceed my mileage allowance of 12,000 miles and decide to wait til the end of the lease term to purchase it, will I be penalized?
 
Am I better off trying to convert this lease NOW to a purchase by taking a loan with my Credit Union? They have great rates for pre-owned cars.
 
I am the original owner and will do what I did with my last Honda, keep maintenance and records. This car may be a decent one to keep since my last one was a Civic and this one is an Accord.
 
Does anyone have any feedback? Anything else I should be aware of?

#4887 of 5229 2013 Accord Coupe EX 4 cylinder by dcf1955

Nov 26, 2012 (7:54 am)

Hi CarMan - do you have the MF rate and residual for a 2013 Accord Coupe EX 4 cylinder Manual on a 36 month 12k/yr lease. Does Honda have a 24 month lease deal on the same car? Thanks!

#4888 of 5229 Re: Lease numbers for 2013 Accord LX Sport [Car_man] by sean_cornil

Nov 26, 2012 (9:31 am)

Replying to: Car_man (Nov 06, 2012 6:13 pm)
Thank you so much for the reply Car_Man! It was very helpfull!
 
One more question if you don't mind. Can the residual value be affected if I choose manual transmission or automatic? With any car? I remember a dealer once telling me the manual will be a higher lease payment because it is usually harder to sell a manual trans car when I return it at the end of the lease.
 
If it is affected, what is the residual and MF for a 2013 accord sport manual transmission 36mo 12,000 per year.
 
Thanks again!

#4889 of 5229 MF / Residual for 2013 Accord Coupe EX-L V6 by landonfreeman

Nov 27, 2012 (1:10 pm)

What is a fair money factor and residual for leasing a 2013 Honda Accord Coupe (MSRP $31,140) with a 42 month term at 18k miles per year?
 
Is a money factor of .0017 and a residual of 48% completely out of the question? Or are those realistic figures?
 
Thanks,
Landon

#4890 of 5229 Re: 2013 Honda Accord Lease Deal - Is it a good deal? [gee22] by syr

Dec 06, 2012 (12:03 am)

Replying to: gee22 (Nov 24, 2012 11:28 am)
This is the most useful response I have read in a while
Thank you gee22.

Messages Page 489 of 523

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