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2013 and earlier-Honda Accord Lease Questions

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Comments

  • drumzdrumz Posts: 10
    Thanks again to kyfdx for the additional info re 2014 Accord Sedan residuals.
  • drumzdrumz Posts: 10
    Does anyone know what the money factor is on a 2014 Accord EX with CVT and EX L Sedan lease for 36 months and 12k mi/yr?

    Thanks
  • Thanks! Wish me luck...
  • Hondas standard money factor for 36 month leases is .00160..

    Some regions may have special money factors, but that is the highest you should see....

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • drumzdrumz Posts: 10
    Does anyone know the current lease rates ( Money Factor and Residual) on a 2014 Accord EX Sedan with automatic and EX L Sedan for 36 months with 12 k mi/yr?

    Thanks
  • drumzdrumz Posts: 10
    Does anyone know the current lease rates for October 2013 on the 2014 Accord EX Sedan with CVT and 2014 EXL Sedan with 12k mi/yr for 36 months?
  • charles_guycharles_guy Posts: 55
    edited October 2013
    2014 Accord EX Sedan with CVT

    hubby an me shopped a bunch for 2weeks: it was tuff without carman's numbers. maybe this will help

    in our state dealers told us ex accord auto was for us just too much at .00160mf and res was 61 %

    maybe you can get better from other posters posts or hosts post. this is what they said (more than one dealer said this)
  • gmanusmcgmanusmc SoCalPosts: 436
    To get meaningful advice, you'll probably need to get more specific about what you are shopping for. I doubt that the 219 car is an EXL or that the payment includes taxes and fees.

    Bill G
  • Dear kyfdx,
    What is the MF and residual for top tier credit, 36 mo and 24 mo, 15k miles/year for a Accord Touring V-6?

    Thanks
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,906
    2014 Accord V-6 Touring 36mo, 15K/yr lease
    Residual is 53% 24 mo residual is 60%

    The last money factor I saw was .00160, but I can't verify that..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • Thanks - horrible rates :)
  • albert72albert72 Posts: 141
    kyfdx,

    Can you tell me MF and Residual for the following:

    3 yr 36k for 2014 4 cyl EXL - No Nav

    3 yr 36k for 2014 6 cyl EXL - No Nav

    Thanks,
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,906
    I'm sorry.. the only 2014 Honda Accord info that I have is the money factor, which is .00160..

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • albert72albert72 Posts: 141
    Thanks kyfdx. I will check back, hopefully in a few weeks the residuals will be available.

    Also, even though I am leasing, any suggestions on what price I should target for the negotiation? Is $500 - $750 below invoice too ambitious?
  • brian125brian125 New york / S.C. myrtle beachPosts: 2,022
    No .......... Target price could start at 750 below and work your way back towards invoice price. Supply and Demand and your area will be a key factor in pricing. Check out Accord prices paid forum for your area's prices and buying advice and tips on buying.

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

  • albert72albert72 Posts: 141
    Was hoping you can tell me MF and Residual for the following:

    3 yr 36k for 2014 4 cyl EXL - No Nav

    3 yr 36k for 2014 6 cyl EXL - No Nav

    Also - would MF and residual change for a single pay lease? I am assuming not and to calculate the payment I am thinking I just subtract the finance fee out of the regular 36 mo lease since the single payment is up front.

    Also - for all of you long time Honda leasing customers some things have changed. As of October 1st, the wear and tear allowance has been decreased from $1500 to a flat $500 in addition, at the end of the lease there is now a turn in fee of $350.

    At the end of your lease if you get a new Honda (Lease or Buy), the turn in fee is waived and the wear and tear allowance increases from $500 to $1000 on the vehicle you are turning in.
  • 2014 4 cyl EXL 36mo, 12K/yr lease
    .00073 MF and 57% residual.. the V-6 residual is 56%

    The one-pay lease money factor is .00001. Calculate the lease as a normal 36 month lease, using that money factor, then multiply the payment by 36 to get the One-Pay amount.

    In general, you can't just subtract the finance charges on a One-Pay lease, because even though you are paying the full lease amount upfront, you aren't paying for the whole car (like the bank is doing). Though, in this specific case, they are effectively deducting the finance charges.

    regards,
    kyfdx

    Moderator - Prices Paid, Lease Questions, SUVs

  • albert72albert72 Posts: 141
    Thanks for the info kyfdx, greatly appreciated.
  • Please let me know if the below deal is a good one.

    Accord LX - CVT
    Monthly payment - 240 Incl taxes
    Down payment - 0$
    Lease term - 36 months
    miles - 15k per year

    Net cap cost - 20050
    Money factor - 0.00031
    Residual - 59%
  • drumzdrumz Posts: 10
    Hi,
    Does anyone know the current Money Factor and Residual for a 2014 Accord Sport Sedan with CVT for 12k mi/yr for 36 months ?
    Thanks
This discussion has been closed.