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
#5363 of 5565 Re: 2013 Honda Accord EX Lease Quote [huskerfan5]
Jul 22, 2013 (11:26 am)
here is the info
36 months 24K miles/year
Sale Price: $23,524
Residual Value $12,231 (47%)
Bank Fee: $595
Doc fee: $75
Monthly Payment of $375 (only 35 payments coming out of my pocket. sign and drive. first payment and everything else rolled into the payment).
if i am reading it right...Weymouth Honda's website quote is $397 (including 8% tax and zero due at signing.
what do you think?
#5364 of 5565 Re: 2013 Honda Accord EX Lease Quote [mnz1999]
Jul 22, 2013 (12:16 pm)
I'm sure huskerfan will chime in but in my opinion, to be able to drive an EX for 3 years and 72000 miles for around 18 cents a mile sounds like a sound decision on your part - especially given the perks Honda allows on lease turn in.
#5365 of 5565 Re: 2013 ACCORD EXL [camokatu]
Jul 22, 2013 (10:50 pm)
I'm in southern Cali
Kendra was my dealer
#5366 of 5565 Re: 2013 Honda Accord EX Lease Quote [mnz1999]
Jul 23, 2013 (6:53 am)
Assume you have also looked through the Prices Paid forum but if you are comfortable that the sales price is competitive for dealers in your area, go for it.
#5367 of 5565 Current Honda Incentives
Jul 24, 2013 (9:52 am)
CarMan (or those who are in the know)... I notice that Honda's current incentives are dated thru 9/3/13.. do you think then they are all in with their 2013 model clearance closeout incentives OR could their be something in August.... looking to time an end of month deal...
#5368 of 5565 Feedback on Lease Quote
Jul 24, 2013 (11:21 am)
I've been reading this forum for awhile, but have finally reached the need to post. I'm shopping for my first car and want some feedback and where I might further negotiate as well as other questions to ask (or things to try and get included) about the best deal I've been quoted so far on a 12K, 36 month lease for a 2013 Accord LX. Details are as follows:
1) Capitalized Cost: $21,033.30
2) Cap-cost reduction: $0
3) Money Factor: 0.00075
4) Residual Value: $13,729.30
5) Total due at signing $0
6) Monthly lease payment including Local County tax: $228
#5369 of 5565 Re: Feedback on Lease Quote [runnerrat]
Jul 26, 2013 (7:13 am)
was bankfee ,doc fee everything included in lease. one of our local dealer has ad for 169 for LX
ALL New 2013 Accord LX 4 Door
Automatic * Bluetooth * Rearview Back-Up Camera * Front Side Curtain Airbags Air Conditioning * Power Windows/Locks * ABS Brakes * AM/FM/CD * Cruise Control Keyless Entry With Immobilizer Theft Deterrent System * Alloy Wheels
2013 Accord LX.jpgFree Oil Changes & Unlimited Car Washes
Lease For Only $169 per month/36 months** NO MONEY DOWN
Subject to Tier 1 Credit Approval.**Based on 36 mo lease, 10K mi/yr .15 additional. Total payments $6,084. Residual $15,719. No Money Down! Just taxes (NJ $519.96, PA $668.52), Doc Fee, DMV Fee & Bank Acquisition Fee $595. MSRP $23,270. Prices include delivery & prep fees, up to $1500. In wear termination included. Full Gap insurance protection. Expires 7/29/13. No two offers combined.
#5370 of 5565 Re: Feedback on Lease Quote [robbinedin]
Jul 26, 2013 (7:27 am)
That looks like a great deal, but 10K miles/year is too low for me. I need closer to 1,000/month. I've gotten a few responses from other dealers when I discussed my current offer, and it seems it is about the best anyone is willing to offer. Ideally, I'd like to bring it down a bit more, but no one seems to be willing to budge further.
#5371 of 5565 Re: Feedback on Lease Quote [runnerrat]
Jul 26, 2013 (9:18 am)
Runnerrat - looks like a good deal - when you factor out Honda's lease initiation fee of 595, your selling price is more than 1000 below invoice. There's been some talk of deals reaching 1500 below but I don't think that is common. If you were able to get another 500 off it would bring the payment to around 215.
#5372 of 5565 Re: Feedback on Lease Quote [robbinedin]
Jul 26, 2013 (11:23 am)
Taxes (519), doc fee (est 300), DMV (est 300) and Bank Fee (595) is a total of $1,714. Putting that into the lease would add about $50 bringing it up to $219. Add about $12 a month to go to 12K per year brings you to $231. Runnerrat is at $228 but probably with a lower sales tax but he has zero due at signing so it's actual 35 payments $228 vs 36 $231. Since runnrerat would be paying more if he was in NJ, I'd say these deals are very close.