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Sedans Honda Accord Honda Accord: Lease Questions
3846 messages, Last post on Mar 18, 2010 at 7:44 PM
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Good morning Car Man. I have narrowed down the list of cars I would like to lease and the Accord is one of them. Can you tell me the MF and residual on a 2010 Accord EX-L Sedan for both the 4 cyl and V6 models? No NAV for either one. Lease I would like is 36 months & 36,000 miles. Can you (and other readers) tell me what a reasonable price should be for this vehicle as well - again looking at No NAV but the cars will have automatic transmission? Thanks for your help.
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2010 Accord LX 216 a month 36 months/12K per year 2199 down? Is this a good deal? |
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Replying to: th83 (Oct 05, 2009 10:01 pm)
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Replying to: gpsac (Oct 15, 2009 11:28 am)
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Replying to: cmhonda (Oct 15, 2009 12:27 pm) |
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We've been going round and round about leasing an Accord. Well we decided not to because it was a bit more then what we wanted to pay and we fixed the spare car. So today we get a call from the dealer offering 160 a month for 36 months and 750 down. I am so tempted by this offer! Any advice
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Replying to: cmhonda (Oct 17, 2009 6:40 pm)  36 is like 45 a month below invoice (according to Edmunds invoice) which is like 1600 below invoice or just under 19k. My gut says they're BSing you to get you in. Honda has very little competition in the lease area and don't have to give their cars away. On the other hand, if they are passing 1500 to the dealer like the 09's, then I paid way to much!  Spent several hours myself yesterday getting an 10 LX auto sedan for roughly 600 over invoice. Came to 232 + tax 36 12k. 1000 out of pocket (450 cap red and the rest 1st, lic, FL tax and fees)
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Replying to: gpsac (Oct 18, 2009 5:52 am) For a 2010 we had them at 218 (including tax) a month with 1000 down
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Replying to: cmhonda (Oct 18, 2009 7:50 am) With 1000 down (assuming you mean "down" and not first, lic, etc) 36mo invoice would be 199 + tax. 10's have been out only a few weeks and you passed on an invoice deal? No offense, but what else is out there to pick from that you would actually want to drive for $218 a month? I find it amazing. The dealer I was at yesterday said they do very little leasing! The fact that someone would actually "buy" an accord with the lease support Honda provides is incomprehensible. I guess unless they have poor credit. I mean compare 218 to what one would pay to finance this deal at the 2.9% Honda is offering on the 09 &10 Accords. At invoice with 1000 down (and not including sales tax) the pymt would be over 350 a month for 60 mo! "Yea but after 5 years I own it!" Own what? A five year old car with 70 -80k miles on it? And how much would you put into that car to keep it going 5 yrs? How many trips to the tire store? The brake store? And then the hoses, belts, filters and flushes. Let someone else do it I say! To be honest I thought about it myself. I thought, "If I financed it I could pass it on to one of the kids." Then I woke up! They can get their own damn car! 
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Replying to: gpsac (Oct 18, 2009 10:09 am) And when I say "Down" I meant out of pocket, meaning walk in with a check for 750 dollars and leave with the car and a payment of 160 a month+ tax for 36 months/12000 miles per year, 2009 Accord LX. And that is WITHOUT our trade, they said they would give us 800 dollars for hubby car (I think his car is worth about 3 dollars to be honest! haha so 800 is a good deal) so it would 100% cover our out of pocket, and we'd have 50 left over. I bet the only color they have left is one we refuse to drive, like gold or burgundy. 
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