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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 pat & karens

What is this discussion about? Honda Accord, Car Leasing, Coupe, Sedan


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#3620 of 3629
Re: ANY HELP APPRECIATED [sirkob] by corvette
Nov 20, 2009 (8:08 pm)
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Replying to: sirkob (Nov 20, 2009 3:27 pm)

You do need to pay the first month's payment upfront. Whether you need to pay the tax upfront may depend upon your state law.
#3621 of 3629
Lease Is Up Next October by peewee19547255
Nov 23, 2009 (6:35 am)
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Hello All:
I need some input. I have a 2008 Honda Accord with just under 13,000 miles on a 36 month lease which ends next October. Now that Im retired Im seriously thinking of buying the car when the lease is up. Since it doesnt go anywhere now.
Execpt food shopping and doctor appoitments.Seeing friend, going out.
The only thing is I have some outside dammage from a tree on the hood from last winter to some paint issue plus some tree sap. On the windshield and other parts of the car. Paint issue is side door,back bumper,front bumper.
Question:
Should I buy it or turn it in and pay the dammages. Or just plain buy it. Knowing the only thing down the road will be age against it.
#3622 of 3629
2010 accord ex-l navi 4cyl by pickps
Nov 23, 2009 (9:22 am)
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Best Lease deal I have gotten so far is $380.00 for 36 months with 12,000 miles per year. This is with nothing down, just first payment of $380.00. Has anyone seen and received a better deal on this vehicle?
#3623 of 3629
2010 accord ex coupe by caseyman
Nov 23, 2009 (10:33 am)
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I got my car last month in the orlando area.
12,000/36 months
 
$256 a month
$2000 down included first month payment.
 
what do you guys think?
was it a good deal
#3624 of 3629
Re: 2010 accord ex-l navi 4cyl [pickps] by jfwild83
Nov 24, 2009 (7:59 am)
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Replying to: pickps (Nov 23, 2009 9:22 am)

The price I got on a 36/12 with just first month near Dallas, TX was $376 on an EX-L V6 the invoice price is about $300 more than the EX-L 4 cyl w/ Nav. So depending on what dealer options are on the car the $380 price seems good. I was pricing the car earlier this month and the payment was about $30 more until Honda updated their lease specials which the dealer called me back on about a week ago.
#3625 of 3629
Re: 2010 accord ex-l navi 4cyl [pickps] by snark
Dec 01, 2009 (6:00 am)
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Replying to: pickps (Nov 23, 2009 9:22 am)

Here's my lease deal that is about to expire in Feb 2010:
 
I've been leasing a Honda Accords for the past nine years and really like the car, however, like so many people today, I'm trying to get a fair deal.
  
My current lease is about to expire and I would like to know how close you can come to what I'm paying now. I'm leasing a 2007 Accord EX-L V6 w/o navi 345.38 X36. This figure includes 18K yearly mileage. Additionally, I put nothing down except for inception fees which include the following:
345.38 1st Month Payment
187.50 initial registration fees
129.00 Doc fee
7.50 NJ tire fee ( weird huh?)
  
Total out of pocket $669.38
#3626 of 3629
2010 Honda Accord LX by bsquared81
Dec 03, 2009 (1:12 pm)
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Hey Car_man,
 
I am in Houston TX, 77006. I am looking to lease either an Accord LX or Camry LE base for 36 months, 12,000 miles per year, whichever is stronger.
 
1) Do you have the December money factors and residuals for both cars?
 
2) I heard there is a 30 month 67% .00065 Accord lease special. Any truth to that?
 
3) I just finished grad school. Any perks or rebates that apply to the lease?
 
Thanks for all your help!
#3627 of 3629
Re: Lease Is Up Next October [peewee19547255] by seekingmmr09
Dec 04, 2009 (7:43 am)
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Replying to: peewee19547255 (Nov 23, 2009 6:35 am)

Hello, I have a 2007 Accord leather interior, etc., with 30,000 plus miles. My 3 yr. lease is up in Jan 2010. Is it a bad idea to buy it; I want to own a new car; don't think I want to lease anymore. Any advise would be helpful. What are the disadvanages to purchasing your lease.
#3628 of 3629
Re: Lease Is Up Next October [seekingmmr09] by bsquared81
Dec 04, 2009 (2:36 pm)
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Replying to: seekingmmr09 (Dec 04, 2009 7:43 am)

hey seekingmmr,
 
when you buy your lease, you are essentially buying a used car from your leasing company. check and see what your residual value is. that will be your "selling price". honda finance will not negotiate that price (almost without exception). from that figure, you will have to add your local sales taxes (when you leased your new car, you were only charged taxes on the portion you were leasing). you will also have to pay titling and license fees, and depending on your state, you may need to get new license plates. i believe you will need to complete this transaction at any honda dealership. they will likely charge you some type of documentation/service charge because they get no other incentive to complete this transaction.
 
the good thing with leasing honda's is that honda finance usually has great residuals. the downside of that is it usually makes buying out the lease less attractive. so, check your residual and compare that to other 07 accord ex-l with 30k. i'm sure you will pay a little premium for the piece of mind of buying your own car. but don't overpay for your own car.
#3629 of 3629
Re: Trade upside down truck for Honda lease?? [wtalbot] by wtalbot
Dec 04, 2009 (9:38 pm)
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Replying to: wtalbot (Feb 22, 2007 8:55 pm)

Wow its hard to believe that my lease is about to terminate from this writing way back when. Just to give you guys an update because its an awesome story. I did trade that truck in and was 6k upside down. Two months later my wife totaled the car and it was paid off!!! She the got a 2d ex-l for cheaper than she was paying for that one....

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