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Honda Accord Lease Questions

3631 messages,  Last post on Dec 07, 2009 at 8:58 PM

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


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#3542 of 3631
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 3631
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 3631
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 3631
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 3631
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 3631
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!
#3548 of 3631
Re: 09 Accord LX-P Lease Offer [vchad] by vermin3
Oct 20, 2009 (2:39 pm)
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Replying to: vchad (Oct 20, 2009 12:53 pm)

Try Carr's Honda on the Northside.
#3549 of 3631
Re: EXL V6 2010 or 2009 36 month / 15K year [thenewlew] by Car_man HOST
Oct 22, 2009 (2:32 am)
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Replying to: thenewlew (Oct 04, 2009 8:02 am)

You're very welcome, thenewlew. Not bug me for another three years , how are we supposed to keep the doors open if you don't visit more often than that .
 
Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Accord EX-L V6 Sedan without navigation with 15,000 miles per year are .00133 and 56%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3550 of 3631
Re: 2010 Accord EXL V6 with Navi Lease? [sonnydude] by Car_man HOST
Oct 22, 2009 (2:40 am)
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Replying to: sonnydude (Oct 04, 2009 12:39 pm)

Hey sonnydude. Let's work up a sample lease payment on this car and see what we come up with. According to my calculations, if you were to lease a 2010 Honda Accord Sedan EX-L V6 with Navigation that has an MSRP of $31,815 and a selling price of $29,392 through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $402.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#3551 of 3631
Re: 2010 Accord EX-L Sedan [albert72] by Car_man HOST
Oct 22, 2009 (2:52 am)
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Replying to: albert72 (Oct 08, 2009 12:57 am)

Good morning albert72. Here's the info that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Honda Accord Sedan EX-L V6 without navigation with 12,000 miles per year are .00133 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
The numbers for an otherwise identical lease of an '10 Accord EX-L 4-cyl. Sedan without nav are .00133 and 60%.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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