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Honda Accord Lease Questions

3629 messages, Last post on Dec 04, 2009 at 9:38 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: Car_man (Oct 30, 2005 8:56 am) Thanks for your advice!
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Replying to: haefr (Oct 30, 2005 8:30 am) Thanks again. |
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I am not sure where you are located but check and see if there is a Carmax near you. They will give you an offer to buy your car which is usually a fair deal. www.carmax.com.
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Replying to: anonymousposts (Oct 30, 2005 1:14 pm) |
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Replying to: Car_man (Oct 30, 2005 8:46 am) The car I wish to purchase lists for 22,500. What do you think I could get them down to? Also, I would like to add a spoiler to that. Please let me know what you think my payments would, or should be at (ballpark figure). Thank you for all your help on this board.
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I am a currently leasing a 2003 accord and the lease expires this month. I am looking to lease a 20064 dr Accord LX Automatic in Maryland to replace my current lease. With an MSRP in the neighborhood of 21,000 and up front payment of only the first month's lease fee and title, registration fess, etc. (total of about $500 out of pocket at pick up) what should I expect as a reasonable monthly paynment including tax?? Also since I am a repeat leasee does honda ever waive aquisition fees, security deposits, etc.??
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Replying to: mdaccord (Nov 02, 2005 6:41 am)
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I am wanting to lease a new Accord EX-V6....about 27300 + destination charges. I want a 3/36 with no money down. What should I expect to my monthly payments to be. I am currently leasing a 2003 EX 4 banger, but leased that when I lived in NYC, Any help is appreciated.
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does the dealer have the ability to alter the money factor or residual or are these values set by american honda finance. along those lines, the dealer is telling me that the money factor is .00184 and the residual is 55%. are these accurate/reasonable?
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I believe I have a handle on calculating lease payments but there is one thing I still do not understand--how to calculate the sales tax into the monthly payment. When using the Edmund's Lease Calculator, the sales tax does not show up in "total amount to be financed" line at the bottom of the calculation page and the "total to be financed" is only the selling price plus the aquisition fees. tax is figured in but I can't tell how--it does not appear to involve the entire amount of sales tax. when my dealer calculates the payment his "total to be financed" includes all the sales tax based on the selling price (5% in Maryland)and obviously results in a higher monthly payment. can anyone clarify how to figure in sales tax? Am I responsible for paying the entire amount of sales tax despite the fact that I am only leasing the car for 3 years?
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