Honda Accord Hybrid Plugin Lease Questions

jackalofny

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???

kyfdx

@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?

jackalofny

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

kyfdx

@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.

jackalofny

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

kyfdx

Nice job! Enjoy it!

xkind

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

kyfdx

@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.

xkind

@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%?

kyfdx

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.

saratogasteve

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.