2015 Honda Accord Lease Questions

bimer320

tnx kyfdx
if there is Honda salesman in los angeles area feel free to contact me about leasing accord sport cvt.tnx.

kyfdx

bimer320 said:

and whats the lease or acquisition fee.tnx
I guess its $595.

yes... $595

breld

Just wanted to return to share our transaction info.

Ended up leasing a 2015 Accord EX-L sedan for $315/month (plus tax), with nothing down.

MF and residual just as stated above - .00051 and 57% on a 3/36k.

Cap Cost of $27,162 - which is basically dealer invoice less $250 (half of the lease cash), plus the $595 acq fee. Probably could've pushed it at another dealer for the extra $250, but based on how easy it was at this dealership, didn't feel it was worth it.

Thanks for the info - very helpful!

amastjr

2015 Accord Touring MF and RV for 36/12 and 36/10 (if exists) would be very helpful. Thanks!

kyfdx

amastjr said:

2015 Accord Touring MF and RV for 36/12 and 36/10 (if exists) would be very helpful. Thanks!

.00051 MF and 53% residual.

No 10K/yr programs from Honda

trusaleen1

Hello. Can you please tell me the MF and residual on 2015 Honda EX-L V6 coupe 6MT without navi in California for 3years 12k per year. Am I correct there is 500 in lease cash. 

kyfdx

trusaleen1 said:

Hello. Can you please tell me the MF and residual on 2015 Honda EX-L V6 coupe 6MT without navi in California for 3years 12k per year. Am I correct there is 500 in lease cash. 

.00051 MF and 55% residual

blurry_image

Hi!

2015 Accord EX-L no navigation MF and RV for 36/12 please. Is it the same for 4 cyl and 6 cyl?

Also, any lease cash going on right now for the EX-L?

Thanks so much - hope to score a deal like breld this week.

Michaell

blurry_image said:

Hi!

2015 Accord EX-L no navigation MF and RV for 36/12 please. Is it the same for 4 cyl and 6 cyl?

Also, any lease cash going on right now for the EX-L?

Thanks so much - hope to score a deal like breld this week.

.00051 MF and $500 lease cash

EX-L 4 cyl - 57%

EX-L V6 - 56%

go4thedew7

What are you thoughts on this deal.

2015 Accord Sport CVT 36/15 k miles a year.

$250 (includes 7% tax) a month for 36 months.

Out of pocket is my first months payment of $250 and a transfer tax fee of $168.

I didn't calculate the selling price.

Let me know what you think about this deal. I'd be happy to share dealership name and contact. I have purchased several cars from this dealer over the past 10 years.

Thanks!

Michaell

go4thedew7 said:

What are you thoughts on this deal.

2015 Accord Sport CVT 36/15 k miles a year.

$250 (includes 7% tax) a month for 36 months.

Out of pocket is my first months payment of $250 and a transfer tax fee of $168.

I didn't calculate the selling price.

Let me know what you think about this deal. I'd be happy to share dealership name and contact. I have purchased several cars from this dealer over the past 10 years.

Thanks!

Hard to comment without knowing the MSRP and selling price.

blurry_image

Thank you, Michaell

blurry_image

Just in case, could I also have the 4 cyl 2015 Honda Accord EXL-NAVI Sedan MF and RV for 36/12

It might end up pretty close in monthly payments

Michaell

blurry_image said:

Just in case, could I also have the 4 cyl 2015 Honda Accord EXL-NAVI Sedan MF and RV for 36/12

It might end up pretty close in monthly payments

.00051 MF and $500 lease cash.

36/12 residual for EX-L 4-cyl with nav is 55%.

blurry_image

Thank you again!

ff3207

Hey Guys,

Thanks in advance.

What is the the MF and Residual on a 2015 Accord Touring for 27months/12K. and MF and residual for a 2014 Accord Touring for 27months/12K?

go4thedew7

Ok I have selling price and msrp now.

Again the deal is $250 a month. Down payment is only the first payment and tag which is $168.

36 months / 15 k miles Accord Sport Manual $250 a month including 7% tax.

MSRP is $24,685

Selling Price is $21500

Looks like 13% off MSRP.

kyfdx

ff3207 said:

Hey Guys,

Thanks in advance.

What is the the MF and Residual on a 2015 Accord Touring for 27months/12K. and MF and residual for a 2014 Accord Touring for 27months/12K?

2015: .00051 MF and 58% residual. $500 lease cash.

2014: .00011 MF and 53% residual. $1500 lease cash.

blurry_image

Does anyone know what the tax rate for leasing is in NJ? I thought it was the normal 7% sales tax but I have a dealer telling me it is 10%.

kyfdx

blurry_image said:

Does anyone know what the tax rate for leasing is in NJ? I thought it was the normal 7% sales tax but I have a dealer telling me it is 10%.

PA charges 3% extra on leases, but not NJ..

You pay the taxes for your home state, regardless of where you purchase.

blurry_image

kyfdx said:

blurry_image said:

Does anyone know what the tax rate for leasing is in NJ? I thought it was the normal 7% sales tax but I have a dealer telling me it is 10%.

PA charges 3% extra on leases, but not NJ..

You pay the taxes for your home state, regardless of where you purchase.

Thank you, kyfdx. That is really interesting because I live in NJ, but I am purchasing the car from a PA dealer. I wonder if they are wrong to charge that extra 3% or if they have to because I am coming into PA?

Do you know that answer and where I could find that in writing so I could show it to the dealer?

kyfdx

blurry_image said:

kyfdx said:

blurry_image said:

Does anyone know what the tax rate for leasing is in NJ? I thought it was the normal 7% sales tax but I have a dealer telling me it is 10%.

PA charges 3% extra on leases, but not NJ..

You pay the taxes for your home state, regardless of where you purchase.

Thank you, kyfdx. That is really interesting because I live in NJ, but I am purchasing the car from a PA dealer. I wonder if they are wrong to charge that extra 3% or if they have to because I am coming into PA?

Do you know that answer and where I could find that in writing so I could show it to the dealer?

I don't know the answer... except that NJ charges tax upfront and PA charges monthly. If you are registering the car in NJ, you won't pay PA tax. If they don't know how to calculate the tax, then Honda Finance will.

In other words, it's not just the amount of the tax, it's how the tax is collected, as well.. They don't have a choice in how they do it... maybe, they don't normally deal with NJ buyers?

biggbrother

Michaell said:

biggbrother said:

Hi. Could you please provide the December money factor and residual percentage for the big old state of Rhode Island for the 2015 Honda Accord LX with 10K miles per year? I am also looking to get a better deal than the advertised lease deal. Also, is that $1,500 lease cash available in RI & MA as well?

Also, do these factors change depending on which state the vehicle is purchased in or where the lessee resides? Thanks in advance!

36/10 residual for the 2015 Accord LX is 60%.

MF is .00051 and $500 lease cash, nationally. $1500 lease cash is for 2014 model year.

Thanks! I'll see what I can get done with these figures.

moodyhank

Hello,

Can I get the 36/15 (or another lease term if that is a sweeter spot) numbers for 2015 LX and Sport in WA?

Thanks!

kyfdx

moodyhank said:

Hello,

Can I get the 36/15 (or another lease term if that is a sweeter spot) numbers for 2015 LX and Sport in WA?

Thanks!

.00051 MF and 57%/56% residual for LX/Sport. $500 lease cash.

blurry_image

Any thoughts on this offer? Let me know if I am leaving out anything necessary to make a comment.

NJ resident leasing the car from a PA dealer

2015 Accord Sedan V6 no Navigation 36 months, 12,000 miles year
MSRP: 31,315
Email Price: 27,509
Doc fee: 133
Bank fee: 595
Lic/Reg: 600 - cannot get straight answer on this but more than one have quoted this same high price

3 PA dealers have said the tax needs to be 10% even though NJ has a 7% rate. I was going to call Honda Financial today to see if I could get an answer but they are closed.

Offer from dealer is $345 with 0 down at signing

Thanks for any insight you might have. I am also waiting on a better offer for a 4 cyl EXL with navi

Michaell

blurry_image said:

Any thoughts on this offer? Let me know if I am leaving out anything necessary to make a comment.

NJ resident leasing the car from a PA dealer

2015 Accord Sedan V6 no Navigation 36 months, 12,000 miles year
MSRP: 31,315
Email Price: 27,509
Doc fee: 133
Bank fee: 595
Lic/Reg: 600 - cannot get straight answer on this but more than one have quoted this same high price

3 PA dealers have said the tax needs to be 10% even though NJ has a 7% rate. I was going to call Honda Financial today to see if I could get an answer but they are closed.

Offer from dealer is $345 with 0 down at signing

Thanks for any insight you might have. I am also waiting on a better offer for a 4 cyl EXL with navi

Is that $0 down or $0 out of pocket, meaning all taxes and fees are being rolled into the cap cost?

blurry_image

Yes, everything rolled in and first payment on day of signing is 0. So basically it is 35 payments of $345.

I was updated that tax is 7%, not 10%.

Michaell

blurry_image said:

Yes, everything rolled in and first payment on day of signing is 0. So basically it is 35 payments of $345.

I was updated that tax is 7%, not 10%.

That's not bad, but check to ensure that your price quote includes the $500 lease cash available as well as getting the base MF of .00051.

I've asked another member to pop in and comment on the NJ / PA issues - he just leased a Hyundai from a dealer in PA while living in NJ, so he's got first hand experience with the questions you've got.

blurry_image

Hi Michaell,

Thanks - yes, MF of .00051 is used and dealer said all incentives are included in the price given of 27509.

So it was 2015 Accord sedan EXL V6 no navi, MSRP of 31315, MF of .00051, Internet price given at 27509, bank fee 595, doc fee 133, and tags/reg at 600. Tax is 7% confirmed - not the 10% charged to PA residents. No dealer installed options.

0 down, 35 additional payments of $345.

"Not bad" sounds luke warm What would be a good target as they do not seem to want to budge here. Dealer said this was 1800 under invoice...

Thanks again to everyone helping - I appreciate it as I am a babe in the woods with this stuff!

stickguy

That would be me. I would have to pull the paperwork out to do the math to make sure, but I am positive that I just paid the 7% NJ tax. Basically, it was exactly like I did the deal in NJ. They collected NJ tax, and registered it in NJ, so I got Jersey plates and registration. Dealers close to NJ are used to doing this, and basically are authorized with NJ too, same as a dealer in the state, to take care of the DMV and tax work.

Might be different if you were getting it from a dealer not close to NJ. Mine was in Philly, so they do a lot of Jersey deals.

Jersey does collect tax up front, so that was part of the up front fees. A good thing though is that PA had a lower doc fee, so I saved something there.

but overall buying in PA should not matter, since it is being registered to a Lessee in NJ.

stickguy

$3,200 off on a 2015 sport? Dang, they came down fast. I was getting howls of pain from the dealer last month trying to convince them to do that on a 2014.

I should have tried a 6 speed Accord. might have tipped the scales.

blurry_image

stickguy said:

That would be me. I would have to pull the paperwork out to do the math to make sure, but I am positive that I just paid the 7% NJ tax. Basically, it was exactly like I did the deal in NJ. They collected NJ tax, and registered it in NJ, so I got Jersey plates and registration. Dealers close to NJ are used to doing this, and basically are authorized with NJ too, same as a dealer in the state, to take care of the DMV and tax work.

Might be different if you were getting it from a dealer not close to NJ. Mine was in Philly, so they do a lot of Jersey deals.

Jersey does collect tax up front, so that was part of the up front fees. A good thing though is that PA had a lower doc fee, so I saved something there.

but overall buying in PA should not matter, since it is being registered to a Lessee in NJ.

Thanks for checking in! Congrats on your recent purchase

Yes, the dealers are all right over the bridge in Philly. If I am rolling everything into the payment, does the tax collected up front affect my overall payment?

stickguy

you can roll anything you want in up front, and yes it impacts your payment. That does not get added to the cap cost (same as the DMV stuff), so essentially you end up paying it in 36 e-z payments, with interest (at the money factor) of course. Generally these days the interest rate (MF) is so low, might as well just lump it into the payment.

blurry_image

blurry_image said:

Hi Michaell,

Thanks - yes, MF of .00051 is used and dealer said all incentives are included in the price given of 27509.

So it was 2015 Accord sedan EXL V6 no navi, MSRP of 31315, MF of .00051, Internet price given at 27509, bank fee 595, doc fee 133, and tags/reg at 600. Tax is 7% confirmed - not the 10% charged to PA residents. No dealer installed options.

0 down, 35 additional payments of $345.

"Not bad" sounds luke warm What would be a good target as they do not seem to want to budge here. Dealer said this was 1800 under invoice...

Thanks again to everyone helping - I appreciate it as I am a babe in the woods with this stuff!

don't want my request to get lost in the discussion on taxes

Michaell

blurry_image said:

blurry_image said:

Hi Michaell,

Thanks - yes, MF of .00051 is used and dealer said all incentives are included in the price given of 27509.

So it was 2015 Accord sedan EXL V6 no navi, MSRP of 31315, MF of .00051, Internet price given at 27509, bank fee 595, doc fee 133, and tags/reg at 600. Tax is 7% confirmed - not the 10% charged to PA residents. No dealer installed options.

0 down, 35 additional payments of $345.

"Not bad" sounds luke warm What would be a good target as they do not seem to want to budge here. Dealer said this was 1800 under invoice...

Thanks again to everyone helping - I appreciate it as I am a babe in the woods with this stuff!

don't want my request to get lost in the discussion on taxes

OK, let me rephrase .. with a 36/10 residual of 57%, I get a payment of $352/mo with taxes so your quote of $345/mo looks real strong by comparison. I added in all the fees to the selling price to get the net cap cost.

blurry_image

Michaell said:

blurry_image said:

blurry_image said:

Hi Michaell,

Thanks - yes, MF of .00051 is used and dealer said all incentives are included in the price given of 27509.

So it was 2015 Accord sedan EXL V6 no navi, MSRP of 31315, MF of .00051, Internet price given at 27509, bank fee 595, doc fee 133, and tags/reg at 600. Tax is 7% confirmed - not the 10% charged to PA residents. No dealer installed options.

0 down, 35 additional payments of $345.

"Not bad" sounds luke warm What would be a good target as they do not seem to want to budge here. Dealer said this was 1800 under invoice...

Thanks again to everyone helping - I appreciate it as I am a babe in the woods with this stuff!

don't want my request to get lost in the discussion on taxes

OK, let me rephrase .. with a 36/10 residual of 57%, I get a payment of $352/mo with taxes so your quote of $345/mo looks real strong by comparison. I added in all the fees to the selling price to get the net cap cost.

Mine is a 36/12 with a residual of 56% - does that change your opinion at all?

Michaell

blurry_image said:

Michaell said:

blurry_image said:

blurry_image said:

Hi Michaell,

Thanks - yes, MF of .00051 is used and dealer said all incentives are included in the price given of 27509.

So it was 2015 Accord sedan EXL V6 no navi, MSRP of 31315, MF of .00051, Internet price given at 27509, bank fee 595, doc fee 133, and tags/reg at 600. Tax is 7% confirmed - not the 10% charged to PA residents. No dealer installed options.

0 down, 35 additional payments of $345.

"Not bad" sounds luke warm What would be a good target as they do not seem to want to budge here. Dealer said this was 1800 under invoice...

Thanks again to everyone helping - I appreciate it as I am a babe in the woods with this stuff!

don't want my request to get lost in the discussion on taxes

OK, let me rephrase .. with a 36/10 residual of 57%, I get a payment of $352/mo with taxes so your quote of $345/mo looks real strong by comparison. I added in all the fees to the selling price to get the net cap cost.

Mine is a 36/12 with a residual of 56% - does that change your opinion at all?

If anyhing, it's better; lower residual means a higher payment, all else being equal.

blurry_image

OK, thank you for taking the time to comment.

stickguy

that looks like a real strong deal.

stayghost

Hey guys can you tell me if this is a good deal or not?

2015 Honda Accord Sedan EX-L (no NAV)

Lease Price (Cap Cost) : $24,822.21
Money Factor: 0.00051
Residual Value: $16,666.80
Miles: 12k per year
Term: 36 months
Due at signing: $1,000
Monthly Payment : $274.33 (including 6.25 state tax)

Michaell

stayghost said:

Hey guys can you tell me if this is a good deal or not?

2015 Honda Accord Sedan EX-L (no NAV)

Lease Price (Cap Cost) : $24,822.21
Money Factor: 0.00051
Residual Value: $16,666.80
Miles: 12k per year
Term: 36 months
Due at signing: $1,000
Monthly Payment : $274.33 (including 6.25 state tax)

What is the MSRP?

stickguy

that is a good deal. When I was shopping last month for a leftover 2014 EX, same exact terms (inc. 1K down) I was only able to get them down to about $257/mo. before they let me walk. Strong deal on a 2015 EX-L

stayghost

Michaell said:

stayghost said:

Hey guys can you tell me if this is a good deal or not?

2015 Honda Accord Sedan EX-L (no NAV)

Lease Price (Cap Cost) : $24,822.21
Money Factor: 0.00051
Residual Value: $16,666.80
Miles: 12k per year
Term: 36 months
Due at signing: $1,000
Monthly Payment : $274.33 (including 6.25 state tax)

What is the MSRP?

MSRP: $29,240

gdauti

Can someone please post RV and MF rates for a 2015 Accord Coup Ex, 4 banger? 3 years and 15k miles. Also, any lease incentives? Finally, anyone know of a good dealership in North Jersey? Thanks a ton.

Michaell

gdauti said:

Can someone please post RV and MF rates for a 2015 Accord Coup Ex, 4 banger? 3 years and 15k miles. Also, any lease incentives? Finally, anyone know of a good dealership in North Jersey? Thanks a ton.

.00051 MF and $500 lease cash. 55% residual

stayghost

@Michaell do you think the deal I posted is good with the MSRP?

2015 Honda Accord Sedan EX-L (no NAV)
MSRP: $29,240
Lease Price (Cap Cost) : $24,822.21
Money Factor: 0.00051
Residual Value: $16,666.80
Miles: 12k per year
Term: 36 months
Due at signing: $1,000
Monthly Payment : $274.33 (including 6.25 state tax)

Michaell

stayghost said:

@Michaell do you think the deal I posted is good with the MSRP?

2015 Honda Accord Sedan EX-L (no NAV)
MSRP: $29,240
Lease Price (Cap Cost) : $24,822.21
Money Factor: 0.00051
Residual Value: $16,666.80
Miles: 12k per year
Term: 36 months
Due at signing: $1,000
Monthly Payment : $274.33 (including 6.25 state tax)

I calculate $263.17/mo with tax using the numbers provided. Is there an extra $300-350 being added in somewhere?

borafsar

Hello,

Can I please get the 36/15 numbers for the 2015 Accord 4 and 6 cylinder EX-L with and without Nav in WA?

Thanks

kyfdx

borafsar said:

Hello,

Can I please get the 36/15 numbers for the 2015 Accord 4 and 6 cylinder EX-L with and without Nav in WA?

Thanks

.00051 MF. $500 lease cash. 55% residual for 4-cyl EX-L

Subtract 2% for NAV, subtract 1% for V-6