Last post on Dec 09, 2013 at 5:17 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda Accord, Car Leasing, Coupe, Sedan
#5165 of 5565 Re: I am having post lease signing remorse - was this a good deal? [gmanusmc]
Apr 19, 2013 (2:39 pm)
I have learned my lesson...albeit the hard way...I do LOVE the car...thank you again and look forward to learning more from you guru's here!!!
#5166 of 5565 Re: I am having post lease signing remorse - was this a good deal? [tweety6583]
Apr 19, 2013 (2:41 pm)
It was paid off for about the last 6 years...It was a 2001...and started having major mechanical issues...just clicked past 124,000 miles...it had more sentimental value than financial
#5167 of 5565 Re: I am having post lease signing remorse - was this a good deal? [vspeed]
Apr 20, 2013 (10:07 pm)
vspeed wrote: "Thanks but I just found this site and I'm getting used to the forum"
Yeah, I know what you mean: compared to typical forums I've come across on the web, this one is rather an odd one in trying to follow threads.
Personally, I'm truly sorry we weren't able to help you help you out beforehand! You're so congenial and you're GREAT with replying to each response with an acknowledgement and thank you. You're making it a really, REALLY friendly forum
It's nice to see this where, and especially relative to HOST Car_man's assistance, there is nary the follow-up for any help provided.
I personally hope we'll see your contributions for others in the future!
#5168 of 5565 Re: I am having post lease signing remorse - was this a good deal? [vspeed]
Apr 21, 2013 (1:48 pm)
Its all water under the bridge now.
Next time......you will be well prepared!
You can always, ALWAYS negotiate the "selling price" of the car. Regardless or purchase or lease. Start at the INVOICE and work up.......never down off MSRP.
A great deal is $300 over invoice (then minus any dealer cash or rebates)
Watch "add ons" dealers love those......all pure profit. They saw you coming, and took you for a little ride. Just choose a different dealer next time if you do another Honda.
#5169 of 5565 Re: Money Factor & Residual on Accord EX-L V6 w/Nav [pilot_bugs]
Apr 22, 2013 (3:08 pm)
Hi Kean. The residual value for a 36-month lease of a 2013 Accord Sedan EX-L 4-cylinder with 12,000 miles per year is 57%.
You can pay the acquisition fee at signing or roll it into your vehicle's capitalized cost to bake it into the payment. It's up to you, though the less that you pay at signing the better.
Honda is not specifically providing any cash incentives on leases of the 2013 Accord right now, but it does have some $500 FlexCash certificates floating around out there that can be used on leases. Try to get the dealer to use one on your deal.
Prices Paid: Buying & Leasing Experiences Forum
#5170 of 5565 Re: Money Factor & Residual on Accord EX-L V6 w/Nav [badger1994]
Apr 22, 2013 (3:10 pm)
You're very welcome badger1994. The money factors for Accords with or without Navigation are the same, but the Nav units have 2% lower residual values.
Prices Paid: Buying & Leasing Experiences Forum
#5171 of 5565 Re: Money Factor & Residual on Accord EX-L V6 w/Nav [Car_man]
Apr 22, 2013 (5:06 pm)
Thanks Car_man.Right now I had quoted for EXL with no options for 24,413+dest. Would you think its a good price? And if I'm going to lease. It is the price I will get or not.
One thing I had a '10 leased Rdx base with 24k m 1 mo. remaining on lease.Any ideas if I could get some equity from it and apply that equity to a new lease.Because one Honda dealer I visited that said I have nothing from it but Kbb, edmunds trade in value is almost $22k. And need your opinion if it is favorable to buyout the Rdx after the lease for $18664+tax or get a new lease honda accord exl.Thank you again.
Apr 23, 2013 (6:25 am)
This forum has been extremely helpful. Thanks everyone for thier input.
I am in the market for an Accord EX Sedan with the manual transmission (really disappointed the Sport doesnt have a sunroof!). Anyways, when will the May money factor and specials be known? Trying to figure out if I should try for something at the end of this month or wait till May.
Also, can anyone know the residual value for an EX Sedan w/ manual transmission for a 3 years lease at 12,000 miles per year? I am in the Midwest (Nebraska), if that matters.
#5173 of 5565 Re: May [dman100]
Apr 23, 2013 (7:55 am)
Usually the new program details are not revealed until the old program expires and sometimes there is a little lag time involved. The danger in waiting is that as the model year gets into the later stages, the residual values might decrease.
#5174 of 5565 Re: I am having post lease signing remorse - was this a good deal? [iwannagr8lease]
Apr 23, 2013 (3:14 pm)
Why Thank you !
Glad to have found this group and its helpful membership.
I will be in the market in another year and plan on keeping up this time and posting my experience.
This place (and people) has definitely softened the blow of my hasty decision making and really has armed me with a lot of great knowledge and experience to proceed positively from here and really look at this as a great learning experience I can pass on.
Thank you again!!!