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738,515Car_manHost

Smart Shopper / Prices Paid Forums

38,515Car_manHost

Smart Shopper / Prices Paid Forums

38,515Car_manHost

Smart Shopper / Prices Paid Forums

38,515Car_manHost

Smart Shopper / Prices Paid Forums

38,515Car_manHost

Smart Shopper / Prices Paid Forums

914thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

14thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

12006 Honda Accord EX V6 automatic sedan (non-navi), 24 month lease, 12,000 miles per year, $1000 total out of pocket, $346/month (does not include tax). This is on a silver ext./black int. sedan with a $27,300 MSRP (plus $550 destination charge). Is this a decent deal? Thanks.

2,697$0 down

MSRP $29850

Selling price $27,000

Thanks.

2,697$0 down

MSRP $25650

Selling price $23100

Thanks.

13I am looking to put down $500 for a 42 month lease with 12,000 miles per year. I asked a dealer about residual and a money factor with tier 1 credit when I was test driving the car. All they wanted to do was run numbers. I would not allow them to check my credit score and walked out. I want to test all of the numbers out online first.

Car Man, can you please give me the residual on a 2006 Honda Accord Coupe EX V-6 5-Spd AT w/ Nav/ XM Radio for 42 and 36 month leases. Also, could you give me a ballpark monthly payment with $500 down and 12,000 miles per year.

Thanks a TON!

3I want the "Costs Added To Lease" rolled into the monthly payment. I know that I will pay interest on that amount but that is okay.

MSRP: 29940

Base Cap Cost: 25955

Costs Added To Lease: 1700

Cap Cost Reductions: 500

Adjusted Cap Cost: 27155

Residual Value: 15868

Money Factor: .00192

Term (months): 42

Sales Tax: 8%

Monthly Payment: $351.34 + $28.11 Tax or $379.45 Per Month

Thanks Car_man!!!!

14I keep seeing .00076 but dealer said that is not out yet? help...pllllleeeease

thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

7070I have seen, on other boards, the .00076 MF on Accord Coupes being available since Jan. 11. In addition, honda.com is advertising "special leases" for Accords right now and given the low advertised monthly payments ($289 for an EX V6 auto with $2000 drive off for 36 mos./12K per year lease), it looks like the .00076 MF is in effect now.

- A.

2,6977024 mo/12k mi – Residual Value 62% of MSRP – .00152 Base Money Factor Rate

24 mo/15k mi – Residual Value 61% of MSRP – .00152 Base Money Factor Rate

I would take these figures and run them through a leasing calculator to check the final payment and compare it to what the dealer offers you. Remember that dealers can mark up the MF rates. honda.com offers "certificates" that you can print out and take to the dealer to get the "special leases" and I suppose if the dealer plays dumb and says he does not know what you are talking about, you can show that to them to make them stick to the deal.

- A.

2124 and 36 month----12000 and 15000 miles.

Thanks.

324 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L (V6)

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation (V6)

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation PZEV

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

4Any help you guys can give is greatly appreciated!!!

2,017mannyyunk,Car_man, the resident expert host here, will advise you not to put any money down. I'd suggest that you read some of his earlier posts.

10I am a newbie, and am trying to make sure I have a couple of the basic concepts down. First, am I correct that Honda, and not the individual dealer, sets the Money Factor and the Residual Value percentage?

Digression: Some posts indicated that the individual dealers increase the MF as a source of profit. Presumably one can deal with this by finding something to back up the .00076 MF. If you make assumptions about the RV and initial purchase price, you can reverse engineer the MF (though that would require something definitive on the RV).

If the MF and RV are set by Honda then the primary factor that distinguishes one dealer's price from another is the initial capital costs (and whatever pin-stripes, knibble tips and cabumba wax jobs they try to throw in). Is that also correct?

Also, what is the best source of "authority" for taking the position with a dealer on what the Honda authorized MR and RV%'s are?

Paul

42,6974,20265On saturday we took delivery of an ex-v6 with navigation with $0 down..our monthly payments are $363 including tax for 36 months 12k miles

we figured out what we should be paying by going to hondacars.com and looking at the advertised specials that Honda is running right now

so..we actually knew the number we would be paying all along while the salesman was going back and forth with the manager

by the way we also got out of an 04 TSX lease 16 months early with a wash..

hopefully this helps

65as long as you go to the dealer with that information they can't trick you with anything.

the website says that the ex sedan can be leased for 269 for 36 months with 999 down. this is based on the car being sold for 23,800(which is msrp)most likely they are going to discount the car(we got an ex v6 with nav on sat and they took over 3000 off of the selling price)...so you should be able to come under 308 with no problem