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Honda Accord: Lease Questions

3642 messages, Last post on Dec 09, 2009 at 3:31 AM
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Replying to: cmhonda (Oct 18, 2009 9:25 am) Dealer cash on Accords just came out on the 2009 models only. If you lease a 4 cylinder 2009 Accord right now, the dealership gets $2250 from Honda. So they can give it to you without the $ down, because they are getting that $ back. The dealer cash to BUY one right now is $1500 (4 cylinder) or $750 (6 cylinder), and to lease a 6 cylinder is $1500. Just an FYI in case that were to help you (or anyone else) negotiate a deal. Basically, you *could* get a 2009 Accord for up to $2250 off of invoice right now and the dealership wouldn't lose $. That's how I pay so little for cars.
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Replying to: cmhonda (Oct 18, 2009 9:26 am) and Honda has up'd the marketing cash to 2250 (on the few remaining 09 LX automatic sedans available). And let's assume the rate on the 09 is the same as a 10 at .00133. That the residual is 55%. And finally that you can get one for invoice (20,398). That they will give you all the 2250. And all you have to give them is 750 cash or trade allowance. And that your first payment is included in the 750 and there are no other fees at all. Leaving you with even a 590 cap red (down payment). That still comes to 194 (incl 7.5 tax). To get to 160 (inc 7.5 tax), they would have to further reduce the price over 1200! Damn woman! I don't care if it were pink or purple! I'd be drivin it! Ok. Maybe not.
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Replying to: gpsac (Oct 18, 2009 10:34 am) I know we have been price haggling back and forth for a few weeks now, gone in several times, to talk numbers, but never commit to buy. At first they were pushing us into a 10, and now they seem to want to push us into an 09, so I think there must be something going on. Hubs said if he calls on Monday and that is the TRUE price, no extra hidden fee's he will have a new Accord on Monday! This is the email from the dealer. I have a new price for you on the 2009 Accord, just found out about it. $160 a month for 36 months plus tax with $750 out of pocket. Give me a call. |
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Replying to: cmhonda (Oct 18, 2009 10:54 am) I agree with Hubs! If you can get anywhere near that deal, get two!
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Replying to: gpsac (Oct 18, 2009 11:00 am)
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Replying to: gpsac (Oct 18, 2009 9:09 am) Yes, after five years you do own it since you didn't "rent" it. " Own what" ? Well a 70- 80,000 miles Accord is just getting started in it's life. " Who much would I have had to put into it?" Not much really. " How many trips to the tire store?" Oh, probably ONE at 50-60,000 miles. Hey, I lease mine and I'll probably lease my next one two months early because of this deal but there are advantages both ways.
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Replying to: cmhonda (Oct 18, 2009 11:20 am) Don't them get away with trashing your car!
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Replying to: isellhondas (Oct 18, 2009 2:46 pm) |
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Replying to: isellhondas (Oct 18, 2009 2:45 pm) But then again we don't want everyone leasing. Do we? If everyone did then the deals would not be as good. This is not rocket science, isellhondas. And if you do sell honda's without showing your customers the advantages of leasing (like most dealers), you have no business working at a honda store. If I financed the accord I just got I'd be paying over 400 a mo for 60 mo at 2.9%. Instead I'm paying less than 250 for 36. Anyone who sees any advantage to buying this car instead of leasing it is either stupid or they just don't understand. Now you do understand don't you? |
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Replying to: cmhonda (Oct 18, 2009 10:54 am) could you please share some more information once you get some, regarding the 170 a month 09 honda. That is an amazing price, and i'm trying to help family get a car, they are struggling and might even help them buy it. They live in tallahasse, fl area. Honestly even at that price, id buy one for myself. None of my numbers are coming out. I'm not in anyway doubting you, i really want to take advantage of this deal, if you can find out what the numbers they are giving on the deal. Please help!
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