2008 Honda Accord Coupe and Sedan

5530 messages,  Last post on Mar 31, 2011 at 10:21 AM

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What is this discussion about? Honda Accord, Sedan

#5529 of 5530 2008 Honda Accourd Coupe by peqchamps

Mar 31, 2011 (9:51 am)

Hey all,
 
I am probably going to by a 2008 Honda Accord Coupe that I have been leasing for 3 years (lease is up in July). I put $2 grand down and have been paying about $330 a month. Most sites I search say the value should be about $16 grand and that's what the dealership is offering me as well. Anyone have any differing opinions?
 
Thanks for the help.

#5530 of 5530 Re: 2008 Honda Accourd Coupe [peqchamps] by blueiedgod

Mar 31, 2011 (10:21 am)

Replying to: peqchamps (Mar 31, 2011 9:51 am)
Hey all,
  
I am probably going to by a 2008 Honda Accord Coupe that I have been leasing for 3 years (lease is up in July). I put $2 grand down and have been paying about $330 a month. Most sites I search say the value should be about $16 grand and that's what the dealership is offering me as well. Anyone have any differing opinions?
  
Thanks for the help.

 
$330/month x 36 months = $11,880 +$2000 down = $13,880 that you have paid so far.
 
What is the residual value written into the lease? Compare that with what you are interested in paying.
 
And do the math. $13,880 + $16,000 = $29,880. It better be some loaded Accord at that price.
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