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Honda Accord Hybrid Plugin Lease Questions

jackalofnyjackalofny Posts: 11
edited May 2015 in Honda

based on current offer of 3299 down plus taxes, title , dealer fees, first month payment --dealer is quoted $5300 at $ 292.97/ month at 15000 miles per year. Is it a good deal???

Comments

  • kyfdxkyfdx Posts: 148,267

    @jackalofny said:
    based on current offer of 3299 down plus taxes, title , dealer fees, first month payment --dealer is quoted $5300 at $ 292.97/ month at 15000 miles per year. Is it a good deal???

    No clue... Do you have an MSRP and selling price?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jackalofnyjackalofny Posts: 11

    MSRP: 40570
    Honda and dealer discounts are $6500 and 3250 respectively.

  • kyfdxkyfdx Posts: 148,267

    @jackalofny said:
    MSRP: 40570
    Honda and dealer discounts are $6500 and 3250 respectively.

    Money factor is .00150 and residual is 45% for 36mo, 15K/yr.

    The payment with $3299 down would be $326/mo. Are you in NY? $2100 more for 1st payment, acq.fee and title/tax seems about right.. The deal looks pretty good, if so.. because, you are about $33/mo. under what I calculate. I'd rather roll that $3299 into the lease payment, and pay the extra $94/mo.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • jackalofnyjackalofny Posts: 11

    Thanks got it today in NY. 390/month with 0 down. 810 out of pocket .15k/36 months

  • kyfdxkyfdx Posts: 148,267

    Nice job! Enjoy it!

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • xkindxkind Posts: 16

    What MF, residual, and incentives can I expect for 36mo 10,5k in WA?

  • kyfdxkyfdx Posts: 148,267

    @xkind said:
    What MF, residual, and incentives can I expect for 36mo 10,5k in WA?

    Honda only gives Plug-in Hybrid rates for NY and CA.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • xkindxkind Posts: 16

    @kyfdx said:
    Honda only gives Plug-in Hybrid rates for NY and CA.

    Ok. So is the residual for 10.5k going to be 49%?

  • kyfdxkyfdx Posts: 148,267

    The lowest mileage allowance I show for Honda residuals is 12K/yr. 36mo, 12K/yr is 45%.

    That is a pretty low volume model. There could be other lease programs for which we don't have information.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • saratogastevesaratogasteve San Jose, CaPosts: 180
    While in Santa Barbara this past weekend I saw a Honda Accord with the HOV lane stickers. Does anyone know what version of the Accord that would be? It looked like it was maybe a generation old, but newer condition. Would love to find a used one of those if they are as reliable as other Accords.
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