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Honda Accord Lease Questions

5259 messages,  Last post on May 22, 2013 at 3:47 PM

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

Messages Page 492 of 527

#4907 of 5259 Lease Question 2013 Honda Accord by mtan1

Dec 12, 2012 (3:17 pm)

I am new at this negotiation thing. However I did do a good job in 2010 when I leased my Honda Accord EX-L. I am kind of stumped as to what to do next. I went on Edmunds and put out the email to the dealers in my area (Arizona). I would like a 2013 Honda Accord EX-L ideally. I also wanted to get the pricing for the other models as well. So I asked to respond with the lease rates for 15,000 miles, 36 month lease, tier 1 (800 credit score) credit. I also asked for $0 down pricing. The response I got from one dealer was amazingly high, based on what I have been reading on this blog and the lease calculator that was posted I think yesterday (link below)....
 
http://www.weymouthhonda.com/lease
 
Anyway, here is what I got from one dealer.
2013 Accord EX-L = $469 / Month + Tax
2013 Accord LX = $375 / Month + Tax
2013 Accord Sport + $406 / Month + Tax
 
The other dealer gave me:
2013 Honda Accord EX-L
MSRP - $28,785.00
Your Selling Price - $26,000.00
  
Monthly payment - $408.07.
  
This price has a savings of $2,785.00
 
Both are too high based on my research of the blog etc. So what do I do from here? What should my target price be for a $0 down lease 15,000 miles, 36 months, tier 1 credit (800 score), Honda Accord EX-L.
 
Thank you for your help.

#4908 of 5259 Re: Lease Question 2013 Honda Accord [mtan1] by pegasus17

Dec 12, 2012 (3:33 pm)

Replying to: mtan1 (Dec 12, 2012 3:17 pm)
REF: 4907
Make an offer in writing close to the Weymouth lease numbers for the car you want. Remember that the doc fee is completely negotiable (i.e., optional) in AZ so don't let them BS you with that. Be prepared to WALK OUT if they won't deal. Nothing has changed in the lease GAME since 2010...Good Luck!

#4909 of 5259 Re: Lease Question 2013 Honda Accord [pegasus17] by mtan1

Dec 12, 2012 (3:48 pm)

Replying to: pegasus17 (Dec 12, 2012 3:33 pm)
Thank you so much for your help! I really appreciate it! You say close... what would you do $25 under the Weymouth lease numbers more? less? What is reasonable for negotiations?
 
Thanks again!

#4910 of 5259 Re: Lease Question 2013 Honda Accord [mtan1] by pegasus17

Dec 12, 2012 (7:09 pm)

Replying to: mtan1 (Dec 12, 2012 3:48 pm)
REF: 4909
The Weymouth numbers are very competitive. Remember, that their doc fee is required up front whereas the AZ fee is totally negotiable. I would shoot for no more than $10/month over the weymouth numbers. Be prepared to make a deal on-the-spot or walk. The end-of-the-month is a better negotiating position than now...

#4911 of 5259 2013 HONDA ACCORD LEASE QUOTE by jcarlos

Dec 12, 2012 (8:49 pm)

Hi Car_Man
 
I got this quote for a 2013 Sport Honda Accord Sedan:
 
$290 a month for a 3-year lease
$700 only payment due at signing which includes first payment and all DMV fees in NYC.
 
No other fee. Again, only $700 down and $290 thereafter for 35 months.
 
Is this a good deal?
 
Thanks in advance.
 
JC

#4912 of 5259 Leasing 2012 Accord LX 4 DR by hit

Dec 13, 2012 (9:11 pm)

Hey,
 
So I am assisting a relative who has been having trouble with dealers with his 2013 Accord LX lease. I've looked around and I didn't see the answers, so please advise on the following:
 
How much over/under invoice should I ask for the selling price of the car to be?
Any incentives currently in place on the Accord LX? (I didn't see anything online, but maybe there's something I'm missing)
He has an expiring Honda lease, any loyalty credits or related incentives?
The posted rates I've found are: LX - 63% AND .00155 FOR 12,000 MILES/36 months .. are these accurate? Are there rates available for a 10,000 mile lease since he drives under 10k miles annually...?
The Honda Finance fee I've seen posted is $595, any other costs to expect when leasing?
 
And is there anything else one should be aware of when proceeding with this vehicle??
 
Thanks very much!

#4913 of 5259 Re: Leasing 2012 Accord LX 4 DR [hit] by pegasus17

Dec 13, 2012 (10:04 pm)

Replying to: hit (Dec 13, 2012 9:11 pm)
REF: 4912 (2013)
The best tool and info for Honda leases is available at the Weymouth Honda web site. They are the only dealer in the nation whose lease data is transparent and current. Start there and build your case (quote) based on your particular state fees and tax rates.

#4914 of 5259 Re: Leasing 2012 Accord LX 4 DR [hit] by hit

Dec 15, 2012 (12:00 pm)

Replying to: hit (Dec 13, 2012 9:11 pm)
Thanks for the response pegasus17... Their tool is useful, but I can calculate the values properly on any lease calculator.. I just need to know what I can get away with as far as over/under invoice for the Accord LX, along with:
 
With an expiring Honda lease, any loyalty credits or related incentives?
Are there rates available for a 10,000 mile lease since he drives under 10k miles annually...?
Any other charges/fees or credits one should be aware of when calculating cost?
 
Please advise!! Have to make a decision on the vehicle soon.
 
Thank you!

#4915 of 5259 LEASE 2013 ACCORD LX by hit

Dec 16, 2012 (3:46 pm)

Hey, I just realized I had a typo in my last post. I was looking for numbers and info for the 2013 Accord LX, not the 2012.
 
  
How much over/under invoice should I ask for the selling price of the car to be?
Any incentives currently in place on the Accord LX? (I didn't see anything online, but maybe there's something I'm missing)
He has an expiring Honda lease, any loyalty credits or related incentives?
The posted rates I've found are: LX - 63% AND .00155 FOR 12,000 MILES/36 months .. are these accurate? Are there rates available for a 10,000 mile lease since he drives under 10k miles annually...?
The Honda Finance fee I've seen posted is $595, any other costs to expect when leasing?
  
And is there anything else one should be aware of when proceeding with this vehicle??
  
Thanks very much!

#4916 of 5259 Info on a 2012 Crosstour by iontrap

Dec 18, 2012 (3:56 am)

There is not much traffic over in the Crosstour lease thread so, hopefully someone can help me over here.
What is the residual value and money factor on a 2012 Crosstour EX-L, 36 months with 12000 miles per year? I have seen 0.53% residual and 0.0002 MF (this info is not from Edmunds so I am hesitant to believe it), is this correct?

Messages Page 492 of 527

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