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Honda Accord Crosstour Lease Questions

162 messages,  Last post on Apr 12, 2013 at 7:48 PM

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What is this discussion about? Honda Accord Crosstour, Car Buying, Car Leasing, Hatchback, Sedan, Wagon

Messages Page 14 of 17

#125 of 162 Lease input neeed Crosstour EXL w/ lease trade in by gwynners

Jul 02, 2011 (9:47 pm)

I have a 2009 Accord EX and wish to trade it in on another. 2011 Crosstour EXL. I was quoted 1,000 down and 425/mos x36 mos. With the current 0 down, $320/mos deal I see on Honda....I am looking for input. Understanding that this is for EX and I want an EXL still think that $100/mos more adds up to more that the difference in price between the two vehicles. Plus, with the 1,000 down, it would appear that my trade in is less than what KBB shows as trade in value.
 
My current lease trade in value is 17, 500 and current Accord has 24, 103 miles. It is in very good condition and based on KBB trade in value in "good" condition is well over 18K. Is the above information quoted by the dealer not on the up and up?
 
Also, be interested in hearing from others on best way to approach. Thanks

#126 of 162 Re: 2011 Crosstour EX-L AWD v/ Navi [gatorinmn] by Car_man HOST

Jul 05, 2011 (5:43 pm)

Replying to: gatorinmn (Jun 28, 2011 1:54 pm)
Hello gatorinmn. Through July 5th (today) Honda Finance's buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Crosstour EX-L AWD with 15,000 miles per year are .00077 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
The residual value for a lease with only 12,000 miles per year would be 2% higher.
 
As I mentioned, Honda is scheduled to introduce a new incentive program some time tomorrow. Please feel free to check back with me for an update on what the new program is like.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#127 of 162 Re: 2011 Crosstour EX-L AWD v/ Navi [Car_man] by j_smith1

Jul 11, 2011 (7:39 pm)

Replying to: Car_man (Jul 05, 2011 5:43 pm)
Car_man,
 
Could you post the July residual and money factor for ex-l awd 36mo 12k? Any lease incentives?
 
Thanks!

#128 of 162 Re: 2011 Crosstour EX-L AWD v/ Navi [j_smith1] by Car_man HOST

Jul 13, 2011 (4:40 pm)

Replying to: j_smith1 (Jul 11, 2011 7:39 pm)
I sure can, j_smith1. Honda's July buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Crosstour EX-L AWD with 12,000 miles per year are .00049 and 56%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Honda is currently providing a $1,500 dealer cash incentive on this vehicle that is compatible with the aforementioned lease program.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#129 of 162 Re: 2011 Crosstour EX-L AWD v/ Navi [Car_man] by j_smith1

Jul 14, 2011 (11:01 am)

Replying to: Car_man (Jul 13, 2011 4:40 pm)
Car_man,
 
Could you confirm that those numbers are correct for NY state? Dealer is giving me 54% and .00039 and telling me there are no incentives...
 
Thanks again!

#130 of 162 Re: 2011 Crosstour EX-L AWD v/ Navi [j_smith1] by Car_man HOST

Jul 20, 2011 (3:54 pm)

Replying to: j_smith1 (Jul 14, 2011 11:01 am)
Hi j_smith1. This is a national program. Does the unit that you are interested in have navigation? If so, that would explain the difference. The residual values for Accord Crosstours that have Navigation are 2% lower than those without.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#131 of 162 2011 Crosstour EX-L w/ Nav Lease prices *PLEASE HELP* by littlemamamia

Sep 07, 2011 (3:23 pm)

So i went to the honda dealership in edison, nj today and got pricing for a 36 month/ 12k 2011 Crosstour EX-L AWD w/ nav and these were the numbers i got which seem incredibly high. Id like to know what consumers who leased the same car paid or what numbers i should be pushing for ( i.e what points i should be bringing up on why the cost should be lower). They actually told me they would be losing $950 with these numbers.
 
* $0 down
*$1,561 in fees (including acquisition) upfront
*$488/month
 
I am in the NJ/NYC area, but im not sure if that makes a difference. Please help!

#132 of 162 Re: 2011 Crosstour EX-L w/ Nav Lease prices *PLEASE HELP* [littlemamamia] by crosstourwv

Nov 07, 2011 (6:48 pm)

Replying to: littlemamamia (Sep 07, 2011 3:23 pm)
In WV, I leased a 2011 Accord Crosstour EX-L AWD (without NAVI) when we had almost leased a CR-V EX (with a sunroof), for $300 per month, 36 months and 12000 miles. We went from the CR-V to the cross tour for all the extra that the Crosstour EX-L gave us; it looked too good a deal to miss. This is what our terms for the crosstour are
$354 per month
$354 down (including plate, etc.)
36 months, 12000 miles.
 
I know now in november 2011, this is probably too late to help you, littlemamamia. But it might still help.
At the end of the lease, we can purchase it for about 19,800$ or some price similar. Now, Car-man, we got a good, probably an excellent deal, have we not? Please comment. Thanks.
K.

#133 of 162 Need help with Honda Crosstour 2wd with Navi lease by delrayjay

Nov 19, 2011 (5:48 pm)

Car Man,
 
I am no car leasing expert. I am looking to lease a 2-wheel drive 2012 Crosstour with Navi. I live in the West Palm Beach Florida area. My thoughts are to lease it for 36 months with 12,000 miles per year included. I am planning to put down $3000. There is a high likelihood that I will want to buy the car at the end of the lease. Should I go for just 10,000 miles per year? Can you help me with the details I will need to know to help me know whether I am getting a very good deal. I have a pretty good credit score of around 705.

#134 of 162 Re: Need help with Honda Crosstour 2wd with Navi lease [delrayjay] by Car_man HOST

Nov 21, 2011 (5:09 pm)

Replying to: delrayjay (Nov 19, 2011 5:48 pm)
Hi delrayjay. Let me begin by saying that it really isn't a good idea to put so much money down when leasing. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they paid at signing if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it's much safer to go with a zero down lease.
 
Going with a lower mileage allowance than you expect to actually drive really won't save you any money in the long run. This is because while the monthly payments for vehicles with low mileage are lower, their end-of-term purchase option prices are higher. If I was in your position, I would go with the mileage allowance that I really thought that I would use. This would give me the option of keeping the car or returning it at lease-end if you don't want to buy it for some reason, such as it give you trouble, is in an accident, etc...
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

Messages Page 14 of 17

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