Leasing an Accord Ex-L for three years. What should monthly payments be?

Elliot Udell

with nothing down, what should monthly payments be?

Michaell

elliotu said:

with nothing down, what should monthly payments be?

Not enough information to answer. We need:

1. MSRP
2. Selling price
3. Lease term
4. Miles per year
5. State and tax rate

Elliot Udell

36 months, 12K per year and I am in NY

Michaell

elliotu said:

36 months, 12K per year and I am in NY

Still need the price info to model the payment. 

EandOH

Just received this from our SC Honda dealer for a 2015 Accord Sedan EX-L V6 w/Navi....

"Zero Down lease - which actually you still have to come up with tax, tags, fees, and first payment which would put you at $1000.00 out of pocket would be under $375.00 a month.

A true Sign & Drive lease with zero out of pocket would be $389.00 a month.

Both these leases are figured on 2015 Accord EXL w/ navigation V-6. 12k miles for 3 year lease."

Note: There is no monthly sales tax in a SC lease...just an upfront $300 tax.

I realize I'm not providing residual, money factor, selling price etc... From what I'm reading from other posts, this seems like a fair deal.

Appreciate feedback and comments? Thank you in advance!

Elliot Udell

thank e and OH, I would actually be going for a 4 cylinder exL- moonroom, leather but no navigator. Are you in the business?

EandOH

LOL....no I'm not in the business. Just a guy trying to get a good deal on an Accord EX-L V6 w/Navi in SC! (Guess you could call me a guy trying to give our dealership "the business"!)

Elliot Udell

LOL.. thanks. I have an aversion to car dealers. I consider them all to to crooks unless proven innocent