Last post on Dec 12, 2013 at 4:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Accord, Car Leasing, Coupe, Sedan
#5179 of 5567 May Lease 2013 Accord LX CVT
May 01, 2013 (10:36 am)
Could you please provide May numbers for the 2013 Accord LX CVT.
Is the money factor for a sign and drive different than a first and fees lease again?
Any cash incentives?
Thanks for your time.
#5180 of 5567 Re: Just leased 2013 Accord EX Sedan [gastromd]
May 01, 2013 (2:10 pm)
You got a good deal but the dealer is definitely making a profit on the deal.
Take a look at the lease calculator at Weymouthhonda.com. The residual is now 60% but their price is $261 including MA tax with $625 due at signing, so if this deal was done in Apr with a 61% residual and you put the difference between $625 and $261 into the lease, the payment would have been around $264, and that's without any haggling.
May 02, 2013 (3:59 pm)
If the dealer sold it for 850 below invoice, they still made 250-500 bucks on the deal lol. Its amazing, even when people have access to forums such as this dealers still make $$.
#5182 of 5567 Re: Just leased 2013 Accord EX Sedan [gastromd]
May 02, 2013 (5:49 pm)
Hi, what dealership and from whom did you get this deal. I am in FL and trying to get the same car, but cant get a price under 320$. Anyone in FL know how to get this coupe ex in red for 260-280$! Please let me know!
#5183 of 5567 Re: Oh well [zigster38]
May 02, 2013 (6:45 pm)
Why is it amazing that car dealers are in business to make money? I've never heard of a non-profit car dealership. It sounds as if you expect them to work for nothing. Most salesmen and the supporting staff work 50-60 hours a week. How many hours a week do you work for nothing?
#5184 of 5567 Re: Oh well [dano100]
May 02, 2013 (8:03 pm)
I agree Dano - there are some who believe that they should be able to buy vehicles at cost - not giving a thought to the fact that there would be no vehicle to buy if the dealer was not in business. I always try to negotiate a deal that I feel is fair to both me and the dealership I am working with - not all dealers are dishonest - with experience and knowledge, the bad ones can be weeded out. Anyway, I'm glad we have research at our fingertips now, and with a little effort, great deals can be had, especially on great cars like Hondas.
#5185 of 5567 '13 Accord Coupe Ex-L CVT NY Area
May 03, 2013 (5:19 am)
Hey guys, I've been following this forum for a while. I came across this in the paper the other day and wondered can I even get the dealer to go much lower?
Actual net capitalized cost $25,587.72.
Net capitalized cost includes $595 acquisition fee
Total monthly payments $10,764.00.
Option to purchase at lease end $16,161.60
Monthly Payment $299
Term: 36 M
Due at signing: $2,699
#5186 of 5567 Re: '13 Accord Coupe Ex-L CVT NY Area [anthony212]
May 03, 2013 (7:30 am)
With first month payment of $299 and $595 acquisition fee, your $2,699 due at signing includes a an $1,805 cap cost reduction which means the price of the car is actually $25,587 + $1,805 = $27,392. I'm also willing to bet that the ad indicates that the amount due at signing does not include fees which means they will be adding a doc fee too. You will make a lot of people happy at that dealership if you go for their advertised deal.
#5187 of 5567 Re: '13 Accord Coupe Ex-L CVT NY Area [anthony212]
May 03, 2013 (8:10 am)
I always try to compare lease payments with no drive offs. If you roll in the 2699 drive off for your quote, the payment would be around 380 - a bit high considering EXs are coming in at around 260 with no drive offs - don't think the EX-L justifies another 120.
Hope this helps
#5188 of 5567 Re: Just leased 2013 Accord EX Sedan [armyanchik]
May 03, 2013 (9:14 am)
The lease was from Honda Village in Newton, MA. I leased the sedan, though, not the coupe. Good luck!