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Honda Accord: Lease Questions

3629 messages,  Last post on Dec 04, 2009 at 9:38 PM

You are in the Honda Accord Forum. Your Hosts are pat & karens

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


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#3538 of 3629
Re: 2009 Accord Lx [vchad] by cmhonda
Oct 18, 2009 (7:59 pm)
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Replying to: vchad (Oct 18, 2009 7:29 pm)

I will definitely share tomorrow when hubby talks to the dealer.
 
I'm worried though because the dealer is in Alabama and we are in Florida, if that is going to cause any problems. I know we will have to get our tags ourselves, but are we going to have to pay tax to Alabama and Florida?
#3539 of 3629
Re: 2009 Accord Lx [cmhonda] by vchad
Oct 18, 2009 (9:19 pm)
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Replying to: cmhonda (Oct 18, 2009 7:59 pm)

cmhonda,
 
thank you so much, ive helped others as much as i could, so i'm hoping others can help me this time around!!
 
As for taxes, you only pay ONCE, that is the state where your registering it(florida) so dont let that bother you at all. Im just curious as to what numbers they are using for monthly payment, year, terms, down payment etc.
#3540 of 3629
Re: 2009 Accord Lx [cmhonda] by cmhonda
Oct 19, 2009 (6:42 am)
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Replying to: cmhonda (Oct 18, 2009 7:59 pm)

Is this a good deal? 2009 honda accord LX. It is a brand new car, Polished Metal Metallic with gray interior.
The sale price of the accord is $17,650 with a 55% residual.
Your out of pocket expense is the $750 plus your Trade. My trade is worth about $700. Your payment is $169.60 and this includes your Florida taxes.
#3541 of 3629
2009 honda Accord LX for $17,650 by cmhonda
Oct 19, 2009 (6:44 am)
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Is this a good deal? 2009 honda accord LX. It is a brand new car, Polished Metal Metallic with gray interior. The sale price of the accord is $17,650 with a 55% residual. Your out of pocket expense is the $750 plus your Trade. My trade is worth about $700. Your payment is $169.60 and this includes your Florida taxes.
#3542 of 3629
09 Accord LX-P Lease Offer by curious37
Oct 19, 2009 (8:21 am)
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Dealer is advertising an '09 Accord LX-P Automatic for $267 per month. Zero down, no security deposit, no first payment and no acquisition fee. 12,000 miles.
 
Your thoughts?
#3543 of 3629
We got it! 160 a month 750 out of pocket! by cmhonda
Oct 19, 2009 (12:55 pm)
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160 a month 36 months 12K miles per year
 
It was only 750 out of pocket but at first they wanted to take his car AND have him pay 750 out of pocket, so we said, thanks but no thanks, that is not what your phone call said, got up to leave and they said wait and he went to his finance manager and then came back and said ok.
 
So the price was 17400, 12328 RV.
 
I'm happy!
#3544 of 3629
Re: 09 Accord LX-P Lease Offer [curious37] by vermin3
Oct 19, 2009 (2:59 pm)
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Replying to: curious37 (Oct 19, 2009 8:21 am)

Just got a quote on a 09 EX-L (4 cyl) for $2500 under invoice and lease of $270 month plus TTL (with only 1st month due at signing) so $267 for a LX-P is way too high!! In Chicago! $249 for a EX only.
#3545 of 3629
Re: We got it! 160 a month 750 out of pocket! [cmhonda] by vchad
Oct 19, 2009 (3:02 pm)
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Replying to: cmhonda (Oct 19, 2009 12:55 pm)

Cmhonda,
 
Can you please explain a little more. Your numbers aren't adding up, when im using my lease calculator.
 
IF your sale price is..
 
MSRP 22415
sale price 17400
residual 55%
MF .00133
 
and putting 750 down(i'm assuming to cover aque. fee and first month).
I'm getting a payment of $180.42 plus tax.
 
I'm not sure how your getting 160, can u please provide the exact numbers. From my understanding, you DID NOT trade in your car?
#3546 of 3629
Re: We got it! 160 a month 750 out of pocket! [vchad] by cmhonda
Oct 19, 2009 (4:57 pm)
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Replying to: vchad (Oct 19, 2009 3:02 pm)

Ok I'm confused by all the numbers myself so let me tell you what I can.
 
Agreed upon value of vehicle 17400
Acquisition Fee 595
Gross capital cost 17995
 
and we paid out of pocket 100 dollars, even
 
Trade in value 1600 (this is where it got fun, the car is worth about 3 dollars in the real world, haha no AC, windows will not roll down, every single status light is on)
 
Residual Value is 12709.29
 
The monthly payments (35 total) of 159.31 and after tax it is 168.87
#3547 of 3629
Re: 09 Accord LX-P Lease Offer [vermin3] by vchad
Oct 20, 2009 (12:53 pm)
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Replying to: vermin3 (Oct 19, 2009 2:59 pm)

hey Vermin3,
 
would you mind sharing where your getting these numbers, I live outside of chicago, and i'm getting some horrible numbers. I'm looking to purchase by this weekend. Please help!

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