2015 Honda Accord Lease Questions

toyoman8

here are the offers I got, In Houston TX. Hope this help someone

all 4dr Sedans

2015 Accord v6 EXL with Nav
MSRP $33,090
Invoice $30,449
Sale price: $26,729

2015 Accord v6 EXL
MSRP $31,315
Sale price: $25,110

2015 Accord EX
MSRP $26,650
Sale price: $20,855

2015 Honda Accord 4cyl EX-L with Nav
Sale Price : 24,836

kf7171

Looking for a MF and RV for 2015 Accord Sedan EX-L with 15k/yr for 36 mths. Got quoted $350/mth with first payment and registration fees

kyfdx

kf7171 said:

Looking for a MF and RV for 2015 Accord Sedan EX-L with 15k/yr for 36 mths. Got quoted $350/mth with first payment and registration fees

.00029 MF and 52% residual. $1500 lease cash.

crodrig2

Hey guys,

I've gone to a couple of dealers here Utah. So far, this is the deal I have been given:

2015 Accord LX CVT
36 m at 12k/year lease
MSRP: $23,725
Negotiated Price: $20,467 (after $1500 incentive and negotiation)
Residual: $13,286
MF: .00019 (.456%)
Fees: $614.41
Registration: $289
Taxes: $1,442.28 (sales tax is 6.85%)
Subtotal: $22,812.69 ( I assume the acquisition fee is rolled into total if not negotiated)

They say payments would be $265 - $275 a month (tax included). This is with nothing due up front but rather, rolled into the net cap. Does this look accurate? Should I be looking to get more information on something? Where can you see areas for negotiation?

I'd appreciate the help. Thanks.

Michaell

crodrig2 said:

Hey guys,

I've gone to a couple of dealers here Utah. So far, this is the deal I have been given:

2015 Accord LX CVT
36 m at 12k/year lease
MSRP: $23,725
Negotiated Price: $20,467 (after $1500 incentive and negotiation)
Residual: $13,286
MF: .00019 (.456%)
Fees: $614.41
Registration: $289
Taxes: $1,442.28 (sales tax is 6.85%)
Subtotal: $22,812.69 ( I assume the acquisition fee is rolled into total if not negotiated)

They say payments would be $265 - $275 a month (tax included). This is with nothing due up front but rather, rolled into the net cap. Does this look accurate? Should I be looking to get more information on something? Where can you see areas for negotiation?

I'd appreciate the help. Thanks.

I'm not certain, but I thought UT taxed the monthly payment in a lease, not calculate it all up front.

Read back through the last page or two on this forum; I think folks have been getting much better deals and much lower payments than you've been quoted.

The MF they quote assumes $0 out of pocket - that is, everything is rolled into the cap cost.

crodrig2

Thanks for the heads up. I'll take some time looking over the previous comments.

allens62

While I dont have all the details of a lease offer made by a dealer I have used before.. here is what they are offering me... sounds superb... can anyone confirm ?

2015 Accord Sport
36 Months
12K miles per year
0 down
218/month
+ Taxes

I do not plan to buy the car so I dont really care what the residual is. from whayt I see above this sounds as if it must be a good deal. Am I missing something ?

ral2167

allens62 said:

While I dont have all the details of a lease offer made by a dealer I have used before.. here is what they are offering me... sounds superb... can anyone confirm ? 2015 Accord Sport 36 Months 12K miles per year 0 down 218/month + Taxes I do not plan to buy the car so I dont really care what the residual is. from whayt I see above this sounds as if it must be a good deal. Am I missing something ?


You're missing the lack of satellite radio in anything less than an ex-l.

ROMIL

allens62 said:

While I dont have all the details of a lease offer made by a dealer I have used before.. here is what they are offering me... sounds superb... can anyone confirm ?

2015 Accord Sport
36 Months
12K miles per year
0 down
218/month
+ Taxes

I do not plan to buy the car so I dont really care what the residual is. from whayt I see above this sounds as if it must be a good deal. Am I missing something ?

Looks pretty good, although you should care what the residual is because that affects the lease payment.

Michaell

ROMIL said:

allens62 said:

While I dont have all the details of a lease offer made by a dealer I have used before.. here is what they are offering me... sounds superb... can anyone confirm ?

2015 Accord Sport
36 Months
12K miles per year
0 down
218/month
+ Taxes

I do not plan to buy the car so I dont really care what the residual is. from whayt I see above this sounds as if it must be a good deal. Am I missing something ?

Looks pretty good, although you should care what the residual is because that affects the lease payment.

Actually, the residual is set by the bank so there isn't anything you can do about it.

What you should care about is the selling price relative to MSRP - that is the biggest factor in determining what your lease payment will be.

bigmsv6

I just picked up a 2015 honda accord v6 non navi. On a 36/12 with no money down and $350 a month. Just wanted to get an opinion on the deal. Thanks ! 

bigmsv6

Oh yea I forgot to mention it was a lease I picked up.. 

Michaell

bigmsv6 said:

I just picked up a 2015 honda accord v6 non navi. On a 36/12 with no money down and $350 a month. Just wanted to get an opinion on the deal. Thanks ! 

bigmsv6 said:

Oh yea I forgot to mention it was a lease I picked up.. 

Looks good .. what were the MSRP and selling prices? What state?

steviegee1

Hi there... Looking for a MF and RV for 2015 Accord Hybrid EX-L with 12k/yr for 36 mths

kyfdx

steviegee1 said:

Hi there... Looking for a MF and RV for 2015 Accord Hybrid EX-L with 12k/yr for 36 mths

.00029 MF and 53% residual. $1500 lease cash

ROMIL

Any numbers for the 2016 models yet? I didn't see a forum. Also, does Honda have disposition fees now? I know they (and Acura) never used to but I'm not sure if that changed recently.

Michaell

ROMIL said:

Any numbers for the 2016 models yet? I didn't see a forum. Also, does Honda have disposition fees now? I know they (and Acura) never used to but I'm not sure if that changed recently.

No 2016 Accord lease numbers just yet.

I don't see any disposition fees; doesn't mean there aren't any.

hotkristin

Hey Guys.....Let me know what you think of this. My younger brother is getting an Accord and I want to make sure I did ok negotiating it. Let me know if you think I can move them a few more dollars, because they are saying this is their best offer.
2015 Honda Accord LX
MSRP: 23725
Selling Price: 21817
36 months 12000 miles year
220 due at signing for tags, ect
228 a month PA (9% tax included)

Thoughts?

Michaell

hotkristin said:

Hey Guys.....Let me know what you think of this. My younger brother is getting an Accord and I want to make sure I did ok negotiating it. Let me know if you think I can move them a few more dollars, because they are saying this is their best offer.
2015 Honda Accord LX
MSRP: 23725
Selling Price: 21817
36 months 12000 miles year
220 due at signing for tags, ect
228 a month PA (9% tax included)

Thoughts?

Looks solid; using the .00029 MF and 56% residual I get $249.53/mo with those numbers (tax included).

Enjoy!

robert_r1

Ok... So here is the deal.
1.  Thanks to all the posting and moderators.
2. Exl 4cyl -- no nav
3. 500 money out today = 304.51 1st pmt, 195.49 cap cost reduction.
4. Got the deal from David mc David Irving texas.
5. 36 month lease 15000 miles per year.
6. Car has wheel locks, rubber mats at the trunk. Pinstripes. 
!!!!!!!!!!!
agreed value 24825.22
gross cap cost reduction 195.49
adjusted cap cost 25740.
residual 15204.80
depreciation and Amy amortized amounts 10535.20
Rent charge 427.16
total of base payment 10962.36
leAse payment 36
base monthly 304.51
total monthly
Dealer doc fee 180.00
acquisition 595.

i am VERY  happy with my payment of 304.51
Probably could  have pushed for another 500 but the dealership needs to make some.  Very nice sales person so I needed to be polite.

please let me know if you needed more information. 

 I am hoping that all of us will get a great deal.  Good luck shopping.  Hopefully you guys can get a better deal.  Use this info as your guide.

remember to keep posting, what goes around comes around.

happy car shopping.

robert_r1

The tax charged is only 130.02, it appears that some sort of tax credit has been applied. That being said. I think the true price paid is around 1100 less of 24825 since tax lease in tx is charged 100% of selling price.  

kyfdx

robert_r1 said:

The tax charged is only 130.02, it appears that some sort of tax credit has been applied. That being said. I think the true price paid is around 1100 less of 24825 since tax lease in tx is charged 100% of selling price.  

We've seen a lot of tax credits in Texas, lately.. Infiniti mostly, but maybe Honda has some to use, as well.

maibad31

Can I get MF and Residual on the following. I think 12K miles is the lowest so that is what I will be going with.
EX-L V6 and EX-L V6 with Nav for both sedan and coupe.

Thanks

Michaell

maibad31 said:

Can I get MF and Residual on the following. I think 12K miles is the lowest so that is what I will be going with.
EX-L V6 and EX-L V6 with Nav for both sedan and coupe.

Thanks

.00029 MF and $1500 lease cash for all.

36/12 residuals:
EX-L V6 Sedan - 53%
EX-L V6 Coupe - 51%

Subtract 2% for Nav trim level

drewtyler

MF & residual for 2015 Sedan Sport? Thanks.

kyfdx

drewtyler said:

MF & residual for 2015 Sedan Sport? Thanks.

.00029 MF and 53% residual for 36mo, 15K/yr. $1500 lease cash

maibad31

Michaell said:

maibad31 said:

Can I get MF and Residual on the following. I think 12K miles is the lowest so that is what I will be going with.
EX-L V6 and EX-L V6 with Nav for both sedan and coupe.

Thanks

.00029 MF and $1500 lease cash for all.

36/12 residuals:
EX-L V6 Sedan - 53%
EX-L V6 Coupe - 51%

Subtract 2% for Nav trim level

Thanks for the info. 2 questions.

Where can I find information on the lease cash to show them if they ask?
2nd would it work if I negotiate a buy price for say $27K, then tell them I want to lease and because of the lease cash, I would have it for $25.5K?

Thanks

Michaell

maibad31 said:

Michaell said:

maibad31 said:

Can I get MF and Residual on the following. I think 12K miles is the lowest so that is what I will be going with.
EX-L V6 and EX-L V6 with Nav for both sedan and coupe.

Thanks

.00029 MF and $1500 lease cash for all.

36/12 residuals:
EX-L V6 Sedan - 53%
EX-L V6 Coupe - 51%

Subtract 2% for Nav trim level

Thanks for the info. 2 questions.

Where can I find information on the lease cash to show them if they ask?
2nd would it work if I negotiate a buy price for say $27K, then tell them I want to lease and because of the lease cash, I would have it for $25.5K?

Thanks

1. Lease cash is a factory to dealer incentive, so not published anywhere
2. You can try; can't guarantee if it will work or not

jawf3

I'm considering my first lease.

I've been considering a 2015 Honda Accord LX w/CVT. One local dealer has a three year/12,000 lease for $189, nothing down, no security... I thought I'd also check out the cost to lease a 2016 Accords since they are starting to arrive. The dealer doesn't have the info posted yet, but the 2016 Accord LX w/CVT is more than $400 per month according to the Honda website. List price for both cars is identical.

Am I missing something? I understand the dealers are discounting the 2015s to clear them out and that discounts on the 2016s will not be as aggressive. And I know I'll get a better lease on the 2015 than a 2016. But I'm shocked at a difference of more than $200 per month.

I'd appreciate any feedback and guidance those of you who are more experienced with leasing are willing to share.

Thanks!

Michaell

jawf3 said:

I'm considering my first lease.

I've been considering a 2015 Honda Accord LX w/CVT. One local dealer has a three year/12,000 lease for $189, nothing down, no security... I thought I'd also check out the cost to lease a 2016 Accords since they are starting to arrive. The dealer doesn't have the info posted yet, but the 2016 Accord LX w/CVT is more than $400 per month according to the Honda website. List price for both cars is identical.

Am I missing something? I understand the dealers are discounting the 2015s to clear them out and that discounts on the 2016s will not be as aggressive. And I know I'll get a better lease on the 2015 than a 2016. But I'm shocked at a difference of more than $200 per month.

I'd appreciate any feedback and guidance those of you who are more experienced with leasing are willing to share.

Thanks!

Lots of incentives on the 2015's that don't exist on the 2016 models. And, the discounts from sticker won't be as great, either. And, the MF (interest rate) will probably be higher. Combined, that accounts for the much larger payment.

And, frankly, the dealer would rather blow out a 2015 model anyway.

drewtyler

kyfdx said:

MF & residual for 2015 Sedan Sport? Thanks.

.00029 MF and 53% residual for 36mo, 15K/yr. $1500 lease cash

How about 36/12?

drewtyler

jawf3 said:

I'm considering my first lease. I've been considering a 2015 Honda Accord LX w/CVT. One local dealer has a three year/12,000 lease for $189, nothing down, no security... I thought I'd also check out the cost to lease a 2016 Accords since they are starting to arrive. The dealer doesn't have the info posted yet, but the 2016 Accord LX w/CVT is more than $400 per month according to the Honda website. List price for both cars is identical. Am I missing something? I understand the dealers are discounting the 2015s to clear them out and that discounts on the 2016s will not be as aggressive. And I know I'll get a better lease on the 2015 than a 2016. But I'm shocked at a difference of more than $200 per month. I'd appreciate any feedback and guidance those of you who are more experienced with leasing are willing to share. Thanks!

Zero down & $189 per month sounds like an incredible deal. I've been looking for week, & can't find any where near that good of deal...yet. 

kyfdx

drewtyler said:

kyfdx said:

drewtyler said:

MF & residual for 2015 Sedan Sport? Thanks.

.00029 MF and 53% residual for 36mo, 15K/yr. $1500 lease cash

How about 36/12?

Add 2%

drewtyler

Is the destination fee included when calculating the residual value?

Michaell

drewtyler said:

Is the destination fee included when calculating the residual value?

Yes, the residual percentage is applied to the bottom line number on the window sticker - including destination.

drewtyler

Thanks.
i've had two different dealers tell me of a "new offer" from Honda today. Can anyone here confirm or know what it may be?

Michaell

drewtyler said:

Thanks.
i've had two different dealers tell me of a "new offer" from Honda today. Can anyone here confirm or know what it may be?

We've not seen anything, and it's unlikely that we will. 

matthewm

Wilde Honda in Wisconsin is advertising a 36/12 lease for a 2015 Accord EXL sedan: $227/month with only $219 plus TT&L due at signing. Too good to be true?

kyfdx

matthewm said:

Wilde Honda in Wisconsin is advertising a 36/12 lease for a 2015 Accord EXL sedan: $227/month with only $219 plus TT&L due at signing. Too good to be true?

Can't say without the specifics.. You never know at the end of the year.

robertray7

Hey guys,

What's your take on leasing a 2015 Sport in the last week of September (if I can find one)? Is late September in general a good time or should I wait for better prices on 2016 models late December?

Cheers

Michaell

robertray7 said:

Hey guys,

What's your take on leasing a 2015 Sport in the last week of September (if I can find one)? Is late September in general a good time or should I wait for better prices on 2016 models late December?

Cheers

Your comment hits the mark -- not sure how many 2015's will be on the lots 4 weeks from now. Folks are getting some insanely good deals at the moment, so inventory will be thin (or gone) by that time.

Can't tell you what the numbers will look like for the 2016's 4 months from now.

eyemd2010

Can you get me residuals and MF for a 2015 Honda Accord Hybrid?

Michaell

eyemd2010 said:

Can you get me residuals and MF for a 2015 Honda Accord Hybrid?

What lease term and how many miles per year?

What trim level?

allycyat

Can anyone provide the numbers for South Florida. Honda Accord EX-L. MF/Residual for 36months /12,000 miles and 27 months/12,000 miles
Thanks

allycyat

Oh and also the numbers for 36months/15,000 miles 27months/15000


In addition lease cash for all still 1500?

Michaell

allycyat said:

Can anyone provide the numbers for South Florida. Honda Accord EX-L. MF/Residual for 36months /12,000 miles and 27 months/12,000 miles
Thanks

allycyat said:

Oh and also the numbers for 36months/15,000 miles 27months/15000

In addition lease cash for all still 1500?

.00029 MF and $1500 lease cash

27/15 - 58%. Add 1% for 12K

36/15 - 52%. Add 2% for 12K

moonwoo

Quick question. What does lease cash mean? Does it go towards the net capital cost? If so does Honda advertise this? Thanks!

Michaell

moonwoo said:

Quick question. What does lease cash mean? Does it go towards the net capital cost? If so does Honda advertise this? Thanks!

Lease cash is a factory to dealer incentive; not advertised. Can be used to reduce the capital cost or to offset some of the up front costs associated with a lease.

moonwoo

Michaell said:

Quick question. What does lease cash mean? Does it go towards the net capital cost? If so does Honda advertise this? Thanks!

Lease cash is a factory to dealer incentive; not advertised. Can be used to reduce the capital cost or to offset some of the up front costs associated with a lease.

Thank you. I'm debating between leasing now or waiting till the end of the year. 

I can see the numbers for sport are 1500 lease cash and 53% residual and 0.00029 for 12000/36 mo

would you happen to have the numbers for LX and EX as well? Thank you in advance

ck90211

Like to get current MF and res for '15 LX sedan for MD. And lease cash or incentives? 3 yr, 12k mile/year. Thank you.