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2016 Honda Accord Lease Questions

moonwoomoonwoo Posts: 54
edited September 2015 in Honda
Please direct me to the right page if this discussion already exist. Could I possibly get the numbers for a 2016 Honda Accord EX MT on a 36 month 12000 mile lease? Thank you!
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Comments

  • MichaellMichaell ColoradoPosts: 121,421
    moonwoo said:

    Please direct me to the right page if this discussion already exist. Could I possibly get the numbers for a 2016 Honda Accord EX MT on a 36 month 12000 mile lease? Thank you!

    There wasn't yet a discussion for the 2016 Accord Lease questions, so thank you for starting it.

    We should get the updated numbers from Honda in the next day or two.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ROMILROMIL 89131Posts: 100
    edited September 2015
    Please post MF/Residual for 2016 Accord Sedan EX-L V-6 with Nav in NV for 36/15K.
    2018 Honda Accord Touring 1.5T
  • kyfdxkyfdx Everywhere, USAPosts: 127,935
    moonwoo said:

    Please direct me to the right page if this discussion already exist. Could I possibly get the numbers for a 2016 Honda Accord EX MT on a 36 month 12000 mile lease? Thank you!

    59% residual. We don't have the money factors, yet.

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

    Edmunds Moderator

  • kyfdxkyfdx Everywhere, USAPosts: 127,935
    ROMIL said:

    Please post MF/Residual for 2016 Accord Sedan EX-L V-6 with Nav in NV for 36/15K.

    53% residual. No money factors, yet.

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

    Edmunds Moderator

  • kyfdx said:

    ROMIL said:

    Please post MF/Residual for 2016 Accord Sedan EX-L V-6 with Nav in NV for 36/15K.

    53% residual. No money factors, yet.
    What is residual for 12k? 10k? Thanks.
  • MichaellMichaell ColoradoPosts: 121,421

    kyfdx said:

    ROMIL said:

    Please post MF/Residual for 2016 Accord Sedan EX-L V-6 with Nav in NV for 36/15K.

    53% residual. No money factors, yet.
    What is residual for 12k? 10k? Thanks.
    Add 2% for 12K. Honda doesn't offer 10K leases.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Hi,

    We got a quote for leasing a 2016 Honda Accord EX-L with Navigation and Sensing:

    MSRP: 33,465
    Quote offered: 32600
    Residual: 18406
    Lease term: 36 months
    Miles: 12K
    Zero down
    Lease per month: 598

    Is this a fair deal?

    Please let me know soon.

    Thanks!

  • ROMILROMIL 89131Posts: 100

    Hi,

    We got a quote for leasing a 2016 Honda Accord EX-L with Navigation and Sensing:

    MSRP: 33,465
    Quote offered: 32600
    Residual: 18406
    Lease term: 36 months
    Miles: 12K
    Zero down
    Lease per month: 598

    Is this a fair deal?

    Please let me know soon.

    Thanks!

    Seems a bit high to me. I can lease a $50K Hyundai Genesis for $50 a month less than that with 15K miles per year. The new Accord doesn't seem to lease well yet since it is brand new.
    2018 Honda Accord Touring 1.5T
  • kyfdxkyfdx Everywhere, USAPosts: 127,935

    Hi,

    We got a quote for leasing a 2016 Honda Accord EX-L with Navigation and Sensing:

    MSRP: 33,465
    Quote offered: 32600
    Residual: 18406
    Lease term: 36 months
    Miles: 12K
    Zero down
    Lease per month: 598

    Is this a fair deal?

    Please let me know soon.

    Thanks!

    $600/mo. for a $34K Honda? :o

    What state are you in?

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

    Edmunds Moderator

  • I am looking for the MF and residual for a 2016 Honda Accord Touring and Honda Accord Sport for 36 month, 12k miles in NJ. Thanks in advance.
  • kyfdxkyfdx Everywhere, USAPosts: 127,935

    I am looking for the MF and residual for a 2016 Honda Accord Touring and Honda Accord Sport for 36 month, 12k miles in NJ. Thanks in advance.

    .00165 MF and 59% (Sport) 53% (Touring) residual.

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

    Edmunds Moderator

  • gvbgvb Posts: 45
    Looking at Honda's website, it appears they only offer a manual transmission with a 4-cylindar engine??? I don't understand, unless I misread the site. Looks like my only alternative now is an S4. I hear maintenance is higher, but I'd rather enjoy what I drive.... very disappointed with Honda & Acura. Had a 6-speed TL but was hit in traffic and was a total loss. I guess that was the last 6-cyl, 6-speed car they made. All that's left is a 4-cyl..Why????
  • MichaellMichaell ColoradoPosts: 121,421
    gvb said:

    Looking at Honda's website, it appears they only offer a manual transmission with a 4-cylindar engine??? I don't understand, unless I misread the site. Looks like my only alternative now is an S4. I hear maintenance is higher, but I'd rather enjoy what I drive.... very disappointed with Honda & Acura. Had a 6-speed TL but was hit in traffic and was a total loss. I guess that was the last 6-cyl, 6-speed car they made. All that's left is a 4-cyl..Why????

    Yes, Honda stopped offering the manual transmission with the V6 a few years ago, much to the consternation of Honda owners everywhere.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • zigster38zigster38 Posts: 117
    'Enthusiasts' don't move the sales needle, and modern autos beat manuals mpg - That said, an Accord Sport with a manny is still pretty feisty ...
  • kyfdxkyfdx Everywhere, USAPosts: 127,935
    zigster38 said:

    'Enthusiasts' don't move the sales needle, and modern autos beat manuals mpg - That said, an Accord Sport with a manny is still pretty feisty ...

    Unfortunate that they added the sporty stuff, but didn't leave some of the other amenities. I'd like a moonroof, at least. It's not going to be an autocross or track car, even with a stick.

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

    Edmunds Moderator

  • ROMILROMIL 89131Posts: 100
    Please post MF/Residual for 2016 Accord EX-L V-6 w/ Nav in NV for 36/15K.
    2018 Honda Accord Touring 1.5T
  • hondaretailerhondaretailer Twin CitiesPosts: 33
    Honda announced an updated M/F for the 2016's: 0.00051.
  • MichaellMichaell ColoradoPosts: 121,421
    ROMIL said:

    Please post MF/Residual for 2016 Accord EX-L V-6 w/ Nav in NV for 36/15K.

    54% and .00051

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • mrbill46mrbill46 ArizonaPosts: 23
    Looking for MF/Residual for 2016 Accord EX or EX-L in Arizona. Low mileage 12K or less. Term 24 or 36 months. Thanks.
  • kyfdxkyfdx Everywhere, USAPosts: 127,935
    mrbill46 said:

    Looking for MF/Residual for 2016 Accord EX or EX-L in Arizona. Low mileage 12K or less. Term 24 or 36 months. Thanks.

    .00051 MF

    24/12: 65%/64% for EX/EX-L

    36/12: 59%/58% for EX/EX-L

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

    Edmunds Moderator

  • zigster38zigster38 Posts: 117
    Weymouth Lease Calculator showing 288 a month plus tax with minimal down for 3 year ex-l 2016 lease. Must be at least 1k under invoice by now - Lots of them on the lots now and some of the larger dealerships have to sell 1 a day on these accords so don't get screwed when you buy - wait till end of month and hammer 'em! GL. 
  • Im new to this but wanted to know if you think this is a good deal.

    Type: Lease
    Mileage: 12k/yr
    Term: 3 yr lease
    Location: New York
    Car: 2016 Honda Accord EX

    $239 per month
    2000 1st month, taxes and fees
    137 DMV fees (transferring plates)


    The original offer that was presented to me:

    269 per month
    3100 - taxes, fees, dmv, 1st month.
    I quickly dismissed this deal as the fee break down included 895 bank fee.

    What do you guys think?

    Good Bad
  • MichaellMichaell ColoradoPosts: 121,421
    echachi81 said:

    Im new to this but wanted to know if you think this is a good deal.

    Type: Lease
    Mileage: 12k/yr
    Term: 3 yr lease
    Location: New York
    Car: 2016 Honda Accord EX

    $239 per month
    2000 1st month, taxes and fees
    137 DMV fees (transferring plates)


    The original offer that was presented to me:

    269 per month
    3100 - taxes, fees, dmv, 1st month.
    I quickly dismissed this deal as the fee break down included 895 bank fee.

    What do you guys think?

    Good Bad

    Not enough information - can you provide:

    MSRP
    Selling price
    Tax Rate
    Break down of the $2000 up front

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Just signed a deal yesterday. 

    2016 Honda Accord EX
    3 year lease/36k miles

    Msrp: 26,280.00
    Destination and handling : 820.00

    Selling Price : 24,487.93
    Turn in fee: 350

    tax rate: 8.375 (Yonkers, NY)

    Upfront cost: 1,895.03
    - 255 1st month
    - 177.5 (transfer plates)
    - 595 bank fee
    - 833.88 taxes and tire waste fee
    - 75 doc fee
    - 70 registration fee
    - 60.76 capital cost reduction 
    - 5.39 tax on capital cost reduction

    Purchase option after end of lease:
    - 15,989.00 plus tax and fees

    Hope this info helps. 

  • MichaellMichaell ColoradoPosts: 121,421
    echachi81 said:

    Just signed a deal yesterday. 

    2016 Honda Accord EX
    3 year lease/36k miles

    Msrp: 26,280.00
    Destination and handling : 820.00

    Selling Price : 24,487.93
    Turn in fee: 350

    tax rate: 8.375 (Yonkers, NY)

    Upfront cost: 1,895.03
    - 255 1st month
    - 177.5 (transfer plates)
    - 595 bank fee
    - 833.88 taxes and tire waste fee
    - 75 doc fee
    - 70 registration fee
    - 60.76 capital cost reduction 
    - 5.39 tax on capital cost reduction

    Purchase option after end of lease:
    - 15,989.00 plus tax and fees

    Hope this info helps. 

    Congrats - and thanks for checking in. Enjoy your new Accord!

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • malikjr87cb7malikjr87cb7 Avondale , AZPosts: 2
    echachi81 said:

    Just signed a deal yesterday. 

    2016 Honda Accord EX
    3 year lease/36k miles

    Msrp: 26,280.00
    Destination and handling : 820.00

    Selling Price : 24,487.93
    Turn in fee: 350

    tax rate: 8.375 (Yonkers, NY)

    Upfront cost: 1,895.03
    - 255 1st month
    - 177.5 (transfer plates)
    - 595 bank fee
    - 833.88 taxes and tire waste fee
    - 75 doc fee
    - 70 registration fee
    - 60.76 capital cost reduction 
    - 5.39 tax on capital cost reduction

    Purchase option after end of lease:
    - 15,989.00 plus tax and fees

    Hope this info helps. 

    Hi i am new to this forum , and have also been researching these hidden meaning of residuals and bank fee dramas in the lease .

    Can i ask you a question does the EX trim come with a full option middle android play and navi ?
    and Does it also have the LED headlights?

    The deal is great for you car being in Newyork .
    And what was the Bank Fee ? and can 820 detination be saved if the Car was already available on the Lot in stock ?
  • kyfdxkyfdx Everywhere, USAPosts: 127,935

    echachi81 said:

    Just signed a deal yesterday. 

    2016 Honda Accord EX
    3 year lease/36k miles

    Msrp: 26,280.00
    Destination and handling : 820.00

    Selling Price : 24,487.93
    Turn in fee: 350

    tax rate: 8.375 (Yonkers, NY)

    Upfront cost: 1,895.03
    - 255 1st month
    - 177.5 (transfer plates)
    - 595 bank fee
    - 833.88 taxes and tire waste fee
    - 75 doc fee
    - 70 registration fee
    - 60.76 capital cost reduction 
    - 5.39 tax on capital cost reduction

    Purchase option after end of lease:
    - 15,989.00 plus tax and fees

    Hope this info helps. 

    Hi i am new to this forum , and have also been researching these hidden meaning of residuals and bank fee dramas in the lease .

    Can i ask you a question does the EX trim come with a full option middle android play and navi ?
    and Does it also have the LED headlights?

    The deal is great for you car being in Newyork .
    And what was the Bank Fee ? and can 820 detination be saved if the Car was already available on the Lot in stock ?
    Destination and Handling is on the sticker... it's just part of the MSRP.

    All leases come with an acquisition fee (aka bank fee). That money goes to the leasing bank.

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

    Edmunds Moderator

  • Just signed a deal yesterday. 

    2016 Honda Accord EX
    3 year lease/36k miles

    Msrp: 26,280.00
    Destination and handling : 820.00

    Selling Price : 24,487.93
    Turn in fee: 350

    tax rate: 8.375 (Yonkers, NY)

    Upfront cost: 1,895.03
    - 255 1st month
    - 177.5 (transfer plates)
    - 595 bank fee
    - 833.88 taxes and tire waste fee
    - 75 doc fee
    - 70 registration fee
    - 60.76 capital cost reduction 
    - 5.39 tax on capital cost reduction

    Purchase option after end of lease:
    - 15,989.00 plus tax and fees

    Hope this info helps. 

    Hi i am new to this forum , and have also been researching these hidden meaning of residuals and bank fee dramas in the lease . Can i ask you a question does the EX trim come with a full option middle android play and navi ? and Does it also have the LED headlights? The deal is great for you car being in Newyork . And what was the Bank Fee ? and can 820 detination be saved if the Car was already available on the Lot in stock ?
    Any model with EX and above come with Apple's car play and android. I really like apple car play but I am unable to try android play.  Apple map or google map is displayed on the second screen when your phone is connected into the USB port. 

    Bank fee was 595

    The MSRP was based on the cars value, in this case 26,280.00, plus the destination fee which was 820 for a total MSRP of 27,100.


  • Feedback is appreciated! I need to know if this is a good deal. Sorry, I don't have the selling price or any other info, I simply shop dealer to dealer based on payment to keep the math simple for me. I figure the lower the selling price, the lower the payment.

    This is the best offer I've gotten so far on a 2016 Accord Sport Automatic (MSRP 25,7XX)

    24 month lease, 15k per year: 338
    36 month lease, 15k per year: 293

    Both of these leases are 100% sign and drive with EVERYTHING rolled into the lease, including first month's payment.

    Feedback?? By the way, in PA so lease tax is 9% here (included in the payments above)
  • MichaellMichaell ColoradoPosts: 121,421

    Feedback is appreciated! I need to know if this is a good deal. Sorry, I don't have the selling price or any other info, I simply shop dealer to dealer based on payment to keep the math simple for me. I figure the lower the selling price, the lower the payment.

    This is the best offer I've gotten so far on a 2016 Accord Sport Automatic (MSRP 25,7XX)

    24 month lease, 15k per year: 338
    36 month lease, 15k per year: 293

    Both of these leases are 100% sign and drive with EVERYTHING rolled into the lease, including first month's payment.

    Feedback?? By the way, in PA so lease tax is 9% here (included in the payments above)

    It's really hard to comment without knowing the prices .. one may have a lower selling price but tack on more in fees, so it's not always easy to follow the numbers.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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