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2013 and earlier-Honda Accord Lease Questions

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  • Picked up a 2013 Accord Sport in December, from Weymouth Honda, MA.
    Annual 15,000 miles
    Payment $ 303.10 x 35 months (includes CT Tax)
    Down $ 0 Sign and Drive.

    Adjusted Cap Cost. $ 23,251
    Residual $ 14,988

    Paid 175 at the DMV. I had to register and get plates. Out of state sale.

    Best Car buying experience ever from these guys. Simple, straight forward and absolutely NO-runaround. I was there less than 1.5hr.

    Hope that helps.
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,934
    How much below invoice did they go for you on a lease??

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • How did I do? 2013 Accord EX-L Sedan Navigation, 12,000 miles, sign & drive (zero down) 36 months: $399 per month.
  • Weymouth: $402.69 including 6.250% tax

    Me: $399 including 6.75% tax

    Think I did ok. Thoughts?
  • You're welcome zoomerdude.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • barkowbarkow Posts: 5
    Car Man, can you give me the same details as above for a honda ex l v6 with Navi Miami Florida 7% sales tax please
  • Hi barkow. Honda Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan EX-L V6 with Navigation and 15,000 miles per year are .00155 and 57% for consumers who qualify for its "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • pegasus17pegasus17 Posts: 536
    edited February 2013
    ref: 4947
    Might want to investigate the vibration issue with the VCM on the new Accord V-6 engine before jumping on that lease. Many complaints.
    read post 98:
    maxgts1, "Honda Accord 2013+ Maintenance and Repair" #94, 17 Jan 2013 9:54 am
  • Hello Car Man,

    I would appreciate it I you could post the same info for a EX-L V6 with no navigation and 12,000 miles/ year.

    Thank you.
  • Hi,
    Can you please tell me the residual value and the money factor for February, for 2013 Honda Accord EX 4C sedan, 12K/yr, in PA?

    Thanks!
  • Hi everyone please help me get a great deal im not to sure how all this works but I was able to get 2 reasonable quotes but the sales men confuse me with the out the door value and the so which deal is better please help I must decide soon.

    2013/Honda/Accord/EX--MSRP $26,195.00--YOU PAY $24,395*
    *Price EXCLUDES taxes, tags, and dealer fees
    Your total Out the Door is; $26,801.06 Includes window tint
    Lease Option
    - 36 Month Lease
    - 12000 Miles Per Year
    - $500.00 Total Out of Pocket (Includes first payment, tag and fees)
    - 35 Remaining Payments of $360 tax included (Based on Miami Dade County tax)
    ---or---
    - 36 Month Lease
    - 15000 Miles Per Year
    - $500.00 Total Out of Pocket (Includes first payment, tag and fees)
    - 35 Remaining payments of $375.58 Tax Included
    Why doing business with Rick Case Honda?
    - 10 Years/100,000 Miles Warranty,- 5 Years/24 Hours Road Side Assistance- Free Car Wash for Life- Discounts in Parts, Service and Accessories
    ----or-----
    msrp $26,801 --- I pay $23975
    26319 out the door tag includes tag title and fees
    365.58 monthly
    15k/yr
    $500.00 due at signing
    36 month term
    window tints, free car washes, coupon booklet for oil change and service discounts, normal factory warranty and also comes with a free 4day cruise for 2 ppl on carnival

    this is the one that confuses me yet it is the cheapest I think can you guys help me


    MSRP: $26,195.00
    Adj. Market Value: $26,195.00 what does this mean?
    Discount: $2,158.07
    Vehicle Price: $24,036.93
    DMV Fees: $372.49
    Dealer Service Fee: $699.00
    First Payment $338.13
    Delivered Price: $25,446.55 out the door right ???
    Lease Monthly
    Out of Pocket 36 mos.
    $745.62 $338.13
    Annual Miles 15,000
    Residual $15,717.00 how does the residual look is it good ?
    now this dealer does not give you any perks no tints no roadside only first oil change free is it really a good deal Im not sure but the monthly payments are very low. is that a good thing? even if the due at signing is $745. it is still the lowest out the door

    Help me please!!!!!!!!!!!!
  • I'd like to help you out, but first you need to take some initiative as opposed to throwing out a bunch of numbers many of which you do not understand. For example, you provide a "Delivered Price". Did you ask the dealer what that represents? It certainly isn't an out the door price. If you take $25,447, back out the $372 DMV fees, that leaves $25,075. Back out the 7% Miami Dade tax (would have been considerate of you to provide your tax rate instead of me having to look it up), and the cost of the car would be $23,435. Well, if you can get it for $600 under invoice, buy a dozen, then go to the Prices Paid board and sell them all at a nice profit to others who are looking for an Accord.
    You're also the first person to ask whether a residual is good so I'm guessing you're not familiar with what a residual represents or how it impacts the monthly lease payment.
    Please do a little research on the web regarding how leasing works, learn about capitalized costs, residuals and moneyfactors, then get a breakdown of the numbers from these dealers and I will be happy to advise you.
  • Car Man -

    Can you please post the 10k & 12k residual & money factor for an Accord Sport 4 door? Are they the same for the six speed manual & the cvt, because I haven't decided on which I want at this time.

    Thanks Car Man!
  • cuban1cuban1 Posts: 2
    edited February 2013
    Car Man.

    Just looking for Feb. residual on 2013

    Accord EX-L 4 cyl without navi.

    15k miles per year

    Thanks in Advance.
  • Hi migraine. Honda Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan EX-L V6 with 12,000 miles per year are .00155 and 59% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here you go hondarider2. Honda Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan EX 4-cylinder with 12,000 miles per year are .00155 and 62% for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hi nvnick1. Honda Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan Sport 4-cylinder with 12,000 miles per year are .00155 and 61% for consumers who qualify for its top credit tier.

    The type of transmission that the car has does not have an impact upon its lease program.

    If you can do a lease with only 10,000 miles per year, its residual value would be 1% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey cuban1. Honda Finance's February buy rate lease money factor and residual value for a 36-month lease of a 2013 Accord Sedan EX-L 4-cylinder with 15,000 miles per year are .00155 and 58% for consumers who qualify for its top credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • abduhlaabduhla Posts: 4
    edited February 2013
    I got an offer from Planet Honda, NJ.
    2013 Accord LX 4door
    39 month lease
    159/month
    18c/mile over 10k/year
    2500 due at signing. Im sure this excludes tax, title, etc.

    Not worth it im assuming?

    My credit is 810. Should I demand 15c over 12k/year and 1200 at signing?
  • thank you Car_man! for the same car, what are the residual and money factor for a 24 months lease?

    Thanks!
  • REF: 4960
    Overall not a bad deal but you should reduce the down and pay more per month.
    $239 per month with zero down is reasonable. For comparison only, scroll down to find the Accord deals:
    http://www.vosshonda.com/specials/index.htm
    You can check weymouth for a similar deal. No incentives on Accord lease at the moment...
  • You're welcome hondarider2. A 24-month lease is going to be more expensive.

    Honda Finance's February buy rate lease money factor and residual value for a 24-month lease of a 2013 Accord Sedan EX 4-cylinder with 12,000 miles per year are .00155 and 69% for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Interesting, the Planet Honda website has a too good to be true ad for an Accord at $169 a month with $954 due at signing. Must be with a third party leasing company that charges ridiculous turn-in and wear and tear fees.

    I'm sure you could negotiate a much better deal than the one they've offered.
  • Hey Thanks A lot man. I would have never found that.

    Now the thing is that I currently have a lease that is over miles with Honda. My fear is that once I go to exchange the car for a new lease, they are going to use the overage against me in negotiations.

    Maybe I should sell the car to a third party, pay off AHF and then start fresh?

    Still researching my options.
  • dat2dat2 Posts: 242
    You could also try taking your car to carmax or a similar business and see what they'll give you for it. It's a quick and painless way to get rid of a car. They'll give you a 10 day quote and then calculate your mileage overage to see if selling it to carmax would be a better deal compared to mileage overage and possible wear and tear charges. Good luck!
  • Hi all,

    I saw a link tot he Weymouth lease calculator on here. How accurate is that? what is that pricing based off of? is that best case price? I never saw a dealership have something like that available.

    Thanks!
  • thank you Car_man!
  • It's balls on to the penny. click on the details link embedded in the page to see all the gory details. It is the best and ONLY no fine print dealer page in existence (for now). Surprised they haven't "truecar'd" them yet.
This discussion has been closed.