Honda Accord Lease Questions

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5289 messages, Last post on Jun 12, 2013 at 9:13 PM

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

Your Hosts are car_man & kyfdx@Edmunds

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

#4891 of 5289 Re: 2012 Honda LXP in PA [i_love_hondas] by gpsac

Dec 06, 2012 (5:07 am)

Replying to: i_love_hondas (Nov 25, 2012 8:55 pm)

If you purchase the vehicle at lease end, ther are no fees for damage or mileage. These only come into play if you are returning the car to the lessor after your obligation is complete.

#4892 of 5289 Re: MF / Residual for 2013 Accord Coupe EX-L V6 [landonfreeman] by gpsac

Dec 06, 2012 (5:15 am)

Replying to: landonfreeman (Nov 27, 2012 1:10 pm)

Not sure I understand the question or whether it has an answer. The residual has nothing to do with "fair". It is what it is. Based on the historical resale value of a particular vehicle. Now the manufacturer may at times pay the lessor (lender: Honda Finance) to bump it up. No different than they will buy the interest rate down.

History and competition drive what these numbers are.

#4893 of 5289 Accord LX lease question(s) by psanders

Dec 06, 2012 (6:51 am)

Hi Car man,

I'm interested in leasing a 2013 Accord sedan--the LX with auto transmission and no Sport Mode. Can you please tell me the December 2012 money factor and residual value for a 36-month lease (12,000 miles per year)?

Also, do you think I might get a better deal now (Dec. 2012) or next month (Jan. 2013)?

Thanks.
psanders

Replies to this message:

pegasus17 (Dec 08, 2012 11:04 am)
- psanders (Dec 08, 2012 6:16 pm)
Car_man (Dec 10, 2012 5:17 pm)
- psanders (Dec 11, 2012 4:52 am)
  - Car_man (Dec 28, 2012 7:36 am)

#4894 of 5289 Re: Accord LX lease question(s) [psanders] by pegasus17

Dec 08, 2012 (11:04 am)

Replying to: psanders (Dec 06, 2012 6:51 am)

For any info on Honda leases, this dealer posts all the numbers as part of their lease calculator. It is amazing and simple to use. Too bad they are the only one in the nation to do this. I don't live in Mass. nor am i affiliated with them...

http://www.weymouthhonda.com/lease

Replies to this message:

psanders (Dec 08, 2012 6:16 pm)

#4895 of 5289 Re: Accord LX lease question(s) [pegasus17] by psanders

Dec 08, 2012 (6:16 pm)

Replying to: pegasus17 (Dec 08, 2012 11:04 am)

Thanks for the link! You're right--more dealers should do this.

#4896 of 5289 Re: 2013 Accord Coupe EX 4 cylinder [dcf1955] by Car_man HOST

Dec 09, 2012 (8:40 am)

Replying to: dcf1955 (Nov 26, 2012 7:54 am)

Hi dcf1955. Honda Finance's current buy rate lease money factor and residual value for a 24-month lease of a 2013 Accord Coupe EX 4-cylinder with 12,000 miles per year are .00155 and 68% for consumers who qualify for its top credit tier.

The numbers for an otherwise identical 36-month lease are .00155 and 61%.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4897 of 5289 Re: Lease numbers for 2013 Accord LX Sport [sean_cornil] by Car_man HOST

Dec 09, 2012 (8:41 am)

Replying to: sean_cornil (Nov 26, 2012 9:31 am)

You're very welcome sean_cornil. While the transmission that a vehicle is equipped with does sometimes affect its lease program, that's not the case on Hondas. Its residual values are the same for manual and automatic vehicles right now.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4898 of 5289 Re: MF / Residual for 2013 Accord Coupe EX-L V6 [landonfreeman] by Car_man HOST

Dec 09, 2012 (8:43 am)

Replying to: landonfreeman (Nov 27, 2012 1:10 pm)

Hi Landon. If your credit is in good shape and you qualify for Honda Finance's "Super Preferred" credit tier, you should look for a factor of around .00155.

Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#4899 of 5289 Lease . by bojaker95

Dec 09, 2012 (4:44 pm)

If I am thinking about keeping a lease

maturity for a 2013 accorde would it be helpful to get a lower residual by taking a 15k/yr mi. Option vs. 12k?

Replies to this message:

kyfdx@Edmunds (Dec 09, 2012 8:19 pm)

#4900 of 5289 Other lease vs buy questions by bojaker95

Dec 09, 2012 (4:52 pm)

Our 2010 civic lease matures 2/27 & we think we will step up to the Accor ex. We also have an '08 Camry (no loans) & thinking of getting a 2-3 yr lease to replace the civic until we retire in 2-3 yrs & plan to only own 1 car at that time. Would it be gd to put 3-4k down on 2-3 yr accord lease, keep a low paymt of $200'sh & decide which car to keep or sell in 2-3 yrs? Any ideas?

Joe

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