2017 Honda Accord Lease Deals and Prices

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  • amgpow247amgpow247 Member Posts: 15
    Should I wait till end of this year? I think what they offered was a decent deal ($330 with no money down for 2017 Accord sports SE) considering my low credit score at the moment. Is there usually a better deal in NOV or DEC?
  • kyfdxkyfdx Moderator Posts: 267,518
    amgpow247 said:

    Should I wait till end of this year? I think what they offered was a decent deal ($330 with no money down for 2017 Accord sports SE) considering my low credit score at the moment. Is there usually a better deal in NOV or DEC?

    We can't tell the future, but new Accord lease deals usually get better, as the year progresses.

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  • hitoninohitonino Member Posts: 41
    Hello, may I know the residual value, money factor, and lease incentives of the 2017 Accord LX CVT and 2017 Accord LX with Sensing for 12,000/36 lease in Reno, Nevada?

    Thank you 
  • hondalady12345hondalady12345 Member Posts: 72
    Hi! Do we know about leasing and dealer incentives yet for November?
  • ilsocalilsocal Member Posts: 1
    Hello,

    Yesterday, I leased a Honda Accord LX in SD (no added options ). Final numbers are:
    SP $20,490
    Acquisition fee $595
    MF 0.007
    RV $13,674.30
    All fees $370.11
    No incentives / rebates
    I put $700 down ( All fees + first month + $187.04 capitalized cost reduction)
    Dealer paid $100
    Sales tax 8%
    Monthly payment $242.85
    Lease term 36/12.
    Is it a solid deal?
  • hondalady12345hondalady12345 Member Posts: 72
    Hi again! You are so right about finding a dealership that is transparent!!! I spoke with a third dealership minutes ago and was informed that Honda has maintained their total of $1500 incentives for leasing and the money factor has gotten better. I hope you can help me figure this out on an Accord EX

    MSRP $27,365
    Selling Price $23,250
    Cap Cost $23,845
    Residual 56 percent $15,324.40
    MF .0045

    I'm so excited to finally have all the numbers that you told me I should get. If you could tell me what amount would be a fair lease amount for 36 months/12,000 miles.

    This sales person told me no pressure as the lease incentives are set until January 3rd.

    Looking forward to hearing what you think the lease amount should be with zero down and no trade in car involved.

    Thank you!
  • kahrloskahrlos Member Posts: 12
    Looking for MF, residual, and any incentives on both 2017 Accord Coupe EX-L and Sedan EX-L. 36/12. Dallas / Ft Worth market. Does Navi and/or Sensing change any of the above? If so, please list those numbers as well. Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 267,518
    hitonino said:

    Hello, may I know the residual value, money factor, and lease incentives of the 2017 Accord LX CVT and 2017 Accord LX with Sensing for 12,000/36 lease in Reno, Nevada?

    Thank you 

    .00045 MF and 56%/55% residual for LX/LX-sensing
    $1000 dealer cash + $500 bonus lease cash.

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  • kyfdxkyfdx Moderator Posts: 267,518

    Hi again! You are so right about finding a dealership that is transparent!!! I spoke with a third dealership minutes ago and was informed that Honda has maintained their total of $1500 incentives for leasing and the money factor has gotten better. I hope you can help me figure this out on an Accord EX

    MSRP $27,365
    Selling Price $23,250
    Cap Cost $23,845
    Residual 56 percent $15,324.40
    MF .0045

    I'm so excited to finally have all the numbers that you told me I should get. If you could tell me what amount would be a fair lease amount for 36 months/12,000 miles.

    This sales person told me no pressure as the lease incentives are set until January 3rd.

    Looking forward to hearing what you think the lease amount should be with zero down and no trade in car involved.

    Thank you!

    .00045, not .0045 MF
    56% is correct for 36/12.
    The $1500 is also correct.
    Program expiration on January 3rd is also correct.

    $254.31 +tax and title/registration with those numbers.

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  • hondalady12345hondalady12345 Member Posts: 72
    Thank you! So being that I'm in NY, I would take the $254.31 per month and then add the 8.75 sales tax on that amount every month, right? $276.56 would be the monthly amount that would be good, along with the title/registration fees?

    Thanks for your help, and if I'm not getting this right I apologize, as this is rather new to me.
  • MichaellMichaell Moderator Posts: 263,744

    Thank you! So being that I'm in NY, I would take the $254.31 per month and then add the 8.75 sales tax on that amount every month, right? $276.56 would be the monthly amount that would be good, along with the title/registration fees?

    Thanks for your help, and if I'm not getting this right I apologize, as this is rather new to me.

    Almost - NY assesses tax against the sum of the payments, up front, and you can add it to the cap cost. If you do that, the tax amount is subject to the interest.

    Therefore, ($254.31 x 36) x 8.75% = $801.08 + $23,845 cap cost = $24,464 new cap cost. $271.78 is the new payment I calculate.

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  • hondalady12345hondalady12345 Member Posts: 72
    Thank you for being so exact in explaining this to me. I think I'm finally in a good place. One of the four honda dealerships here offered $289 a month with them paying off my last three lease payments on my 2014 sport. They said with me paying the payments, they would do $273 per month. I feel that I'm in a good place! Thank you so much! So it must be the incentives that they receive that allows them to make such a good deal?
    I've also slowed down a little bit and will wait until the end of November to make the move. By the way, my payments on my 2014 sport are at $289 per month, so it's a good fit. Although, I know now how ripped off I was when I made that deal.
  • MichaellMichaell Moderator Posts: 263,744

    Thank you for being so exact in explaining this to me. I think I'm finally in a good place. One of the four honda dealerships here offered $289 a month with them paying off my last three lease payments on my 2014 sport. They said with me paying the payments, they would do $273 per month. I feel that I'm in a good place! Thank you so much! So it must be the incentives that they receive that allows them to make such a good deal?
    I've also slowed down a little bit and will wait until the end of November to make the move. By the way, my payments on my 2014 sport are at $289 per month, so it's a good fit. Although, I know now how ripped off I was when I made that deal.

    Certainty no rush on this. Plenty of inventory and each month you wait is one payment closer to the end of your current lease.

    Although, I ended my lease two months early. Finally wore my wife down.

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  • kahrloskahrlos Member Posts: 12
    kahrlos said:

    Looking for MF, residual, and any incentives on both 2017 Accord Coupe EX-L and Sedan EX-L. 36/12. Dallas / Ft Worth market. Does Navi and/or Sensing change any of the above? If so, please list those numbers as well. Thanks in advance!

    Anyone?
  • kyfdxkyfdx Moderator Posts: 267,518
    kahrlos said:

    kahrlos said:

    Looking for MF, residual, and any incentives on both 2017 Accord Coupe EX-L and Sedan EX-L. 36/12. Dallas / Ft Worth market. Does Navi and/or Sensing change any of the above? If so, please list those numbers as well. Thanks in advance!

    Anyone?
    .00045 MF. $1000 dealer cash + $500 bonus lease cash
    55%/53% residual for sedan/coupe
    Subtract 2% for NAV/Sensing equipped models.

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  • chotas82chotas82 Member Posts: 20
    Hello,
    Can you advise MF & Residual for November on 2017 Accord Sport 36mo/12k ?
    Also, does Residual differ from manual & cvt option ?
    Thanks,
    Alex
  • hondalady12345hondalady12345 Member Posts: 72
    Hi! This is where I am today with my most current negotiations. I have the dealer down to $259 a month for the lease on my Accord EX sedan. Based on your earlier calculations, you had the lease at about $271. I feel this must be a killer deal. I've taken my current lease out of the equation though.

    My question is this: how does the dealership make any money on this lease? Is the dealer cash and leasing incentives where they make up the difference?

    The $259 per month is for 35 months with nothing down. It's as clean of a deal as I can see and by far the best. If I throw my current lease that is at $289 for a 2014 sport into the equation and divide it by 35 months, that's just shy of $25 a month. If that works, I'm at $284, which is much more acceptable that my initial negotiations of $337 a month with them paying off my 14 sport.

    What do you think? Do I make sense? Thanks in advance!
  • MichaellMichaell Moderator Posts: 263,744
    chotas82 said:

    Hello,
    Can you advise MF & Residual for November on 2017 Accord Sport 36mo/12k ?
    Also, does Residual differ from manual & cvt option ?
    Thanks,
    Alex

    .00045 and 56%.

    $1000 lease cash and $500 bonus cash.

    No difference based on transmission.

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  • MichaellMichaell Moderator Posts: 263,744

    Hi! This is where I am today with my most current negotiations. I have the dealer down to $259 a month for the lease on my Accord EX sedan. Based on your earlier calculations, you had the lease at about $271. I feel this must be a killer deal. I've taken my current lease out of the equation though.

    My question is this: how does the dealership make any money on this lease? Is the dealer cash and leasing incentives where they make up the difference?

    The $259 per month is for 35 months with nothing down. It's as clean of a deal as I can see and by far the best. If I throw my current lease that is at $289 for a 2014 sport into the equation and divide it by 35 months, that's just shy of $25 a month. If that works, I'm at $284, which is much more acceptable that my initial negotiations of $337 a month with them paying off my 14 sport.

    What do you think? Do I make sense? Thanks in advance!

    Don't worry about what the dealer makes - they wouldn't offer a deal if there wasn't something in it for them.

    Your numbers make sense. There is often hidden incentives to the dealer that we'll never know about.

    If you're comfortable with the deal, no reason not to pull the trigger.

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  • hondalady12345hondalady12345 Member Posts: 72
    Thank you! I will keep you posted!
  • zooberzzooberz Member Posts: 5
    Hey Fellas,

    whats the november MF and RV for accord ex and ex-l v4 with sensing? any november specials, lease cash back? Located in socal. 
    12k/24, 15k/24, 12k/36, 15k/36...
     


  • mickqmickq Member Posts: 15
    edited November 2016
    For November: can you provide MF and RV in MA for a 2017 Honda Accord EX-L V6 with Nav/Sensing (36/12K), and a 2017 Honda Accord EX-L (i4) with Nav/Sensing (36/12K). Thank you so much
  • rnm_gs3rnm_gs3 Member Posts: 35
    2017 Accord Touring.
    Need Lease #s for 36mo/10k in NY - thanks
  • MichaellMichaell Moderator Posts: 263,744
    zooberz said:

    Hey Fellas,

    whats the november MF and RV for accord ex and ex-l v4 with sensing? any november specials, lease cash back? Located in socal. 
    12k/24, 15k/24, 12k/36, 15k/36...
     


    .00045 and 60% or 53% for EX. Add 1% for 24/12 or 2% for 36/12

    Subtract 2% for EX-L

    $1500 total lease cash.

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  • MichaellMichaell Moderator Posts: 263,744
    mickq said:

    For November: can you provide MF and RV in MA for a 2017 Honda Accord EX-L V6 with Nav/Sensing (36/12K), and a 2017 Honda Accord EX-L (i4) with Nav/Sensing (36/12K). Thank you so much

    .00045 and 53% (4-cyl) or 52% (V6)

    $1500 lease cash

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  • MichaellMichaell Moderator Posts: 263,744
    rnm_gs3 said:

    2017 Accord Touring.
    Need Lease #s for 36mo/10k in NY - thanks

    .00045 and 50% for 36/12. No 10k term from Honda.

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  • zooberzzooberz Member Posts: 5
    Michaell said:
    For November: can you provide MF and RV in MA for a 2017 Honda Accord EX-L V6 with Nav/Sensing (36/12K), and a 2017 Honda Accord EX-L (i4) with Nav/Sensing (36/12K). Thank you so much
    .00045 and 53% (4-cyl) or 52% (V6) $1500 lease cash
    Thanks Michaell! what about Hybrid?
  • MichaellMichaell Moderator Posts: 263,744
    zooberz said:


    Michaell said:

    mickq said:

    For November: can you provide MF and RV in MA for a 2017 Honda Accord EX-L V6 with Nav/Sensing (36/12K), and a 2017 Honda Accord EX-L (i4) with Nav/Sensing (36/12K). Thank you so much

    .00045 and 53% (4-cyl) or 52% (V6)

    $1500 lease cash

    Thanks Michaell! what about Hybrid?

    Hybrid EX-L- .00045 and 51%. $2000 lease cash.

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  • xxspiikezxxxxspiikezxx Member Posts: 13
    Residual and MF for 10K/24 & 10k/36
    2017 Honda Accord Sport Manual 
    2017 Honda Accord Sport Manual Special Editon 
    2017 Honda Accord EX Manual

    Thanks in advance !
  • MichaellMichaell Moderator Posts: 263,744

    Residual and MF for 10K/24 & 10k/36
    2017 Honda Accord Sport Manual 
    2017 Honda Accord Sport Manual Special Editon 
    2017 Honda Accord EX Manual

    Thanks in advance !

    Honda does not offer 10K leases; all residuals are for 12K

    .00045 and
    62% / 56%
    63% / 57%
    62% / 56%

    $1500 lease cash

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  • amgpow247amgpow247 Member Posts: 15
    So I got an approval from another honda dealer through Honda financial. I currently have too many cars and I wanted them to buy one of my car outright (dealer would have to give me $9,000), They told me that my lease payment will go up $40-50 lol ($320 vs $270). This was for 17 Sports SE.

    Is this a typical practice?
  • MichaellMichaell Moderator Posts: 263,744
    amgpow247 said:

    So I got an approval from another honda dealer through Honda financial. I currently have too many cars and I wanted them to buy one of my car outright (dealer would have to give me $9,000), They told me that my lease payment will go up $40-50 lol ($320 vs $270). This was for 17 Sports SE.

    Is this a typical practice?

    Not enough information to really comment. Are you leasing your existing Honda, and you're terminating the lease early?

    What is the MSRP and selling price of the '17 Sport SE? We can run the numbers without the trade - that complicates things, for sure.

    Also, what lease term and how many miles per year are you looking for?

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  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    Michaell said:

    amgpow247 said:

    So I got an approval from another honda dealer through Honda financial. I currently have too many cars and I wanted them to buy one of my car outright (dealer would have to give me $9,000), They told me that my lease payment will go up $40-50 lol ($320 vs $270). This was for 17 Sports SE.

    Is this a typical practice?

    Not enough information to really comment. Are you leasing your existing Honda, and you're terminating the lease early?

    What is the MSRP and selling price of the '17 Sport SE? We can run the numbers without the trade - that complicates things, for sure.

    Also, what lease term and how many miles per year are you looking for?

    No, I just wanted them to buy one of my personal car that I don't get to use much.
    Lease term is 12k /36. They told me that I got approved and gave me $310-320 for them buying my car and $270-80 without buying my car.

    Asked for numbers (cap cost, MF, RV) via email and they insist on discussing the numbers over the phone because there are "too much information".. Seems shady to me..
  • MichaellMichaell Moderator Posts: 263,744
    amgpow247 said:

    Michaell said:

    amgpow247 said:

    So I got an approval from another honda dealer through Honda financial. I currently have too many cars and I wanted them to buy one of my car outright (dealer would have to give me $9,000), They told me that my lease payment will go up $40-50 lol ($320 vs $270). This was for 17 Sports SE.

    Is this a typical practice?

    Not enough information to really comment. Are you leasing your existing Honda, and you're terminating the lease early?

    What is the MSRP and selling price of the '17 Sport SE? We can run the numbers without the trade - that complicates things, for sure.

    Also, what lease term and how many miles per year are you looking for?

    No, I just wanted them to buy one of my personal car that I don't get to use much.
    Lease term is 12k /36. They told me that I got approved and gave me $310-320 for them buying my car and $270-80 without buying my car.

    Asked for numbers (cap cost, MF, RV) via email and they insist on discussing the numbers over the phone because there are "too much information".. Seems shady to me..
    Lots of Honda dealers to choose from. Only takes one to be transparent and make a deal with.

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  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    Holy balls. Just got off the phone with the dealer I mentioned earlier and.told me the followings

    MSRP : 27050
    Cap for 2017 Accord sports SE 24,713
    R.Value: 15418.5
    MF: 0.00138 (3.312%)
    12k miles / 36 mo.
    5% tax (Tax should be same for Lease right? One dealer told me that tax is 1.875% higher on lease)
    According to my calculation, I get $329 a month. Dealer told me $313 which is without the tax (bait).

    He told me there is no $1500 lease incentive. Only $500 and I can't get additional $500 for recent graduate discount. I told him that doesn't sound right. I told him that other people got all the rebates and then he was speechless (perhaps surprised that I knew about the incentives?) and hesitated to answer lol.

    Asked more questions about why my lease numbers went down to $270 with out trade and he hesitated more and could not answer it.. Ugh,

    My guess is that they were planning to keep all the incentives ($2000 = $1500 + $500) with trade. Because with incentives, cap cost should be $22713 instead of 24k..Then my payment is around $270 ($268 to be exact),..

  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign? What's the RV for 17 SE again? One dealer gave me 56% and the other gave me 58%... Its sad that I don't have any honest dealers nearby my area
  • MichaellMichaell Moderator Posts: 263,744
    amgpow247 said:

    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign?

    We only see $1000 lease cash plus $500 bonus lease cash on the 2017 Accord. No information on any other incentives, or whether they stack.

    From your prior post, I would run (not walk) to another Honda dealer. Only takes one to be transparent with you about the numbers.

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  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    Michaell said:

    amgpow247 said:

    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign?

    We only see $1000 lease cash plus $500 bonus lease cash on the 2017 Accord. No information on any other incentives, or whether they stack.

    From your prior post, I would run (not walk) to another Honda dealer. Only takes one to be transparent with you about the numbers.
    How could I tell the dealers that $1000 lease cash plus $500 bonus lease cash on 17 accord is valid offer from Honda? Two dealers in my area refused to admit about the $1500 lease cash. Now i'm thinking about going out of state to purchase one.. :( .. Since I am approved by Honda Financial, MF should be fixed at .00138 right (unless they lied about my MF)?
  • MichaellMichaell Moderator Posts: 263,744
    amgpow247 said:

    Michaell said:

    amgpow247 said:

    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign?

    We only see $1000 lease cash plus $500 bonus lease cash on the 2017 Accord. No information on any other incentives, or whether they stack.

    From your prior post, I would run (not walk) to another Honda dealer. Only takes one to be transparent with you about the numbers.
    How could I tell the dealers that $1000 lease cash plus $500 bonus lease cash on 17 accord is valid offer from Honda? Two dealers in my area refused to admit about the $1500 lease cash. Now i'm thinking about going out of state to purchase one.. :( .. Since I am approved by Honda Financial, MF should be fixed at .00138 right (unless they lied about my MF)?
    The Honda Finance MF for the 2017 Accord is .00045 this month. Rarely do Honda dealers mark up the MF, so question your dealer who they are using to fund the lease. We don't have any third party numbers to reference.

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  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    Michaell said:

    amgpow247 said:

    Michaell said:

    amgpow247 said:

    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign?

    We only see $1000 lease cash plus $500 bonus lease cash on the 2017 Accord. No information on any other incentives, or whether they stack.

    From your prior post, I would run (not walk) to another Honda dealer. Only takes one to be transparent with you about the numbers.
    How could I tell the dealers that $1000 lease cash plus $500 bonus lease cash on 17 accord is valid offer from Honda? Two dealers in my area refused to admit about the $1500 lease cash. Now i'm thinking about going out of state to purchase one.. :( .. Since I am approved by Honda Financial, MF should be fixed at .00138 right (unless they lied about my MF)?
    The Honda Finance MF for the 2017 Accord is .00045 this month. Rarely do Honda dealers mark up the MF, so question your dealer who they are using to fund the lease. We don't have any third party numbers to reference.
    This deal was through Honda.
    .00045 is for top tier correct? I currently have low credit rating.. I figure that's the reason why I got .00138.
    Thank you very much for all of your help by the way.. This forum will save me thousands and I learned so much about lease thanks to you and the others.
  • MichaellMichaell Moderator Posts: 263,744
    amgpow247 said:

    Michaell said:

    amgpow247 said:

    Michaell said:

    amgpow247 said:

    $1500 dealer cash + 500 lease rebate + 500 on newly grad applies on all models right? I assume this is national campaign?

    We only see $1000 lease cash plus $500 bonus lease cash on the 2017 Accord. No information on any other incentives, or whether they stack.

    From your prior post, I would run (not walk) to another Honda dealer. Only takes one to be transparent with you about the numbers.
    How could I tell the dealers that $1000 lease cash plus $500 bonus lease cash on 17 accord is valid offer from Honda? Two dealers in my area refused to admit about the $1500 lease cash. Now i'm thinking about going out of state to purchase one.. :( .. Since I am approved by Honda Financial, MF should be fixed at .00138 right (unless they lied about my MF)?
    The Honda Finance MF for the 2017 Accord is .00045 this month. Rarely do Honda dealers mark up the MF, so question your dealer who they are using to fund the lease. We don't have any third party numbers to reference.
    .00045 is for top tier correct? I currently have low credit rating.. I figure that's the reason why I got .00138.
    Thank you very much for all of your help by the way.. This forum will save me thousands and I learned so much about lease thanks to you and the others.
    Yes, .00045 for top tier credit. We don't have the other MF info, sorry, but .00138 could be right.

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  • nicks4nicks4 Member Posts: 79
    What is the MF and RV for a 2017 Accord LX Auto Sedan?

    36 Months
    15K per year
    VA

    Any lease incentives?
  • kyfdxkyfdx Moderator Posts: 267,518
    nicks4 said:

    What is the MF and RV for a 2017 Accord LX Auto Sedan?

    36 Months
    15K per year
    VA

    Any lease incentives?

    .00045 MF and 54% residual.
    $1000 dealer cash + $500 bonus lease cash

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  • nicks4nicks4 Member Posts: 79
    Thank you. After driving the LX with CVT, I changed my mind. Could you please provide the MF & RV percentage for:

    2017 Honda Accord EX-L V6
    36 Months
    15K per year
    VA

    Any lease incentives?

    Thank you
  • MichaellMichaell Moderator Posts: 263,744
    nicks4 said:

    Thank you. After driving the LX with CVT, I changed my mind. Could you please provide the MF & RV percentage for:

    2017 Honda Accord EX-L V6
    36 Months
    15K per year
    VA

    Any lease incentives?

    Thank you

    52% residual. MF and incentives stay the same.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • rnm_gs3rnm_gs3 Member Posts: 35
    Please provide the MF & RV 2017 Accord Sedan EX-L CVT with Honda Sensing and Navigation
  • MichaellMichaell Moderator Posts: 263,744
    rnm_gs3 said:

    Please provide the MF & RV 2017 Accord Sedan EX-L CVT with Honda Sensing and Navigation

    .00045 MF and $1500 lease cash.

    What lease term and how many miles per year?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • rnm_gs3rnm_gs3 Member Posts: 35
    Michaell said:

    rnm_gs3 said:

    Please provide the MF & RV 2017 Accord Sedan EX-L CVT with Honda Sensing and Navigation

    .00045 MF and $1500 lease cash.

    What lease term and how many miles per year?
    36/10K
  • MichaellMichaell Moderator Posts: 263,744
    rnm_gs3 said:

    Michaell said:

    rnm_gs3 said:

    Please provide the MF & RV 2017 Accord Sedan EX-L CVT with Honda Sensing and Navigation

    .00045 MF and $1500 lease cash.

    What lease term and how many miles per year?
    36/10K
    Honda does not offer 10K leases; 36/12 residual is 53%

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • amgpow247amgpow247 Member Posts: 15
    edited November 2016
    Dealer is refuse to admit that there is $1,500 lease cash.. This is what Honda offers nationally right?
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