2017 Honda Accord Lease Deals and Prices

mstrlucky

Michaell said:

Ok just closed deal on 2017 Honda Accord hybrid ex-l. 36 month 15k miles per year. I traded in my financed 2014 Nissan Sentra where I had negative equity of about $1700 they had to roll in. 

So so with $1000 down which includes first month payment I'm at $375 per month. I believe that's fair....I hope so..yikes...lol. Thanks 

Going from a Sentra to an Accord is a nice upgrade. Congrats on the new ride!

Thanks a lot. So do you thinks it's a descent deal? 

Michaell

mstrlucky said:

Michaell said:

mstrlucky said:

Ok just closed deal on 2017 Honda Accord hybrid ex-l. 36 month 15k miles per year. I traded in my financed 2014 Nissan Sentra where I had negative equity of about $1700 they had to roll in. 

So so with $1000 down which includes first month payment I'm at $375 per month. I believe that's fair....I hope so..yikes...lol. Thanks 

Going from a Sentra to an Accord is a nice upgrade.

Congrats on the new ride!

Thanks a lot. So do you thinks it's a descent deal? 

Given that the $1700 negative equity is adding about $45-50 to the payment, yes.

mstrlucky

Michaell said:

Michaell said:

Ok just closed deal on 2017 Honda Accord hybrid ex-l. 36 month 15k miles per year. I traded in my financed 2014 Nissan Sentra where I had negative equity of about $1700 they had to roll in. 

So so with $1000 down which includes first month payment I'm at $375 per month. I believe that's fair....I hope so..yikes...lol. Thanks 

Going from a Sentra to an Accord is a nice upgrade. Congrats on the new ride!

Thanks a lot. So do you thinks it's a descent deal? 

Given that the $1700 negative equity is adding about $45-50 to the payment, yes.

i can still cancel deal. They've been telling me the car is coming for 45 minutes. I've been here 3 hours. Suck smoking mirrors and half truths. 
Is this just an ok deal or good? Thank you very much 

Michaell

mstrlucky said:

Michaell said:

mstrlucky said:

Michaell said:

mstrlucky said:

Ok just closed deal on 2017 Honda Accord hybrid ex-l. 36 month 15k miles per year. I traded in my financed 2014 Nissan Sentra where I had negative equity of about $1700 they had to roll in. 

So so with $1000 down which includes first month payment I'm at $375 per month. I believe that's fair....I hope so..yikes...lol. Thanks 

Going from a Sentra to an Accord is a nice upgrade.

Congrats on the new ride!

Thanks a lot. So do you thinks it's a descent deal? 

Given that the $1700 negative equity is adding about $45-50 to the payment, yes.

i can still cancel deal. They've been telling me the car is coming for 45 minutes. I've been here 3 hours. Suck smoking mirrors and half truths. 
Is this just an ok deal or good? Thank you very much 

Doesn't the paperwork have a specific VIN number? The car isn't on their lot?

mstrlucky

Yes it was off site. They said it's being gassed up now then washed. I'm ready to get my payment refunded and leave unless my deal is really good. Everything is done..insurance teamsters etc. 

is this deal deal good enough to wait? I'm 10 min from leaving. Ugggghhjhh! Thanks 

mstrlucky

Disregard the teamsters..spelling error. 

Michaell

mstrlucky said:

Yes it was off site. They said it's being gassed up now then washed. I'm ready to get my payment refunded and leave unless my deal is really good. Everything is done..insurance teamsters etc. 

is this deal deal good enough to wait? I'm 10 min from leaving. Ugggghhjhh! Thanks 

I can't make that decision for you.

If you walk, you'll be starting from square 1 with a different dealer. No guarantees that you'll get the same deal. Could be better, could be worse.

mstrlucky

Ok thanks 

mstrlucky

Well they brought it just after my last post. Car is beautiful. I'm just hoping I got a good deal at $375 month with the $1700 negative equity rolled in with 15k miles.

i put $800 down which included 1st payment.

any input, good or bad, would be greatly appreciated. Thanks 

Michaell

mstrlucky said:

Well they brought it just after my last post. Car is beautiful. I'm just hoping I got a good deal at $375 month with the $1700 negative equity rolled in with 15k miles.

i put $800 down which included 1st payment.

any input, good or bad, would be greatly appreciated. Thanks 

As I said earlier, I think you did well. Your enjoyment of driving the car every day for the next three years will be with you longer than any feelings you have about the finances of the deal.

mstrlucky

Michaell said:

Well they brought it just after my last post. Car is beautiful. I'm just hoping I got a good deal at $375 month with the $1700 negative equity rolled in with 15k miles.

i put $800 down which included 1st payment.

any input, good or bad, would be greatly appreciated. Thanks 

As I said earlier, I think you did well. Your enjoyment of driving the car every day for the next three years will be with you longer than any feelings you have about the finances of the deal.

Thanks

faraza

Can I please get the money factor and residual on 36 month 12k/year lease in florida for an accord lx cvt?

Michaell

faraza said:

Can I please get the money factor and residual on 36 month 12k/year lease in florida for an accord lx cvt?

56% and .00041.

$1000 dealer cash and $500 bonus lease cash.

PinkFloydFan

so cal

Accord lx, sport, and ex MF/residuals please, 3/36k, ty in advance.

kyfdx

tim_78 said:

so cal

Accord lx, sport, and ex MF/residuals please, 3/36k, ty in advance.

.00041 MF and 56% residual for all three trims
$1000 dealer cash + $500 bonus lease cash

tk900

Hello,

Could you please provide the MF / Residual and any incentives for an 2017 accord LX CVT in Maryland - 2yrs/10k, 12k, 15k?

Thanks

Michaell

tk900 said:

Hello,

Could you please provide the MF / Residual and any incentives for an 2017 accord LX CVT in Maryland - 2yrs/10k, 12k, 15k?

Thanks

No 10K allowance from Honda

.00041 and 62% / 61%

$1000 dealer cash and $500 bonus lease cash.

jimmy2shoes

First off thank you to all the guys providing numbers - you the real MVP's.

How good of a deal do you guys think this is?

2017 Honda Accord LX
3 year/12k in Texas
0 down, taxes included, first payment is free
$289/month

Michaell

jimmy2shoes said:

First off thank you to all the guys providing numbers - you the real MVP's.

How good of a deal do you guys think this is?

2017 Honda Accord LX
3 year/12k in Texas
0 down, taxes included, first payment is free
$289/month

MSRP?

Adjusted cap cost, with all taxes and fees rolled in?

.00041 and 56%

esco0718

Hi
Can you please provide me with the MF/RV for the V6 EX-L and Touring 36/12 in New York. Thank you 

Michaell

esco0718 said:

Hi
Can you please provide me with the MF/RV for the V6 EX-L and Touring 36/12 in New York. Thank you 

.00041 and 54% (EX-L), 52% (EX-L NAV HS) or 50% (Touring).

$1000 dealer cash and $500 bonus lease cash.

bulgokee

Can you confirm the lease payment:
Philadelphia, PA
36/12

2017 Accord EXL
MSRP: 29655
Adjust CAP Cost: 26497
Residual: 16310.25 (55%)
Money Factor: 0.00041
Monthly payment: 300.52 (tax not inlcuded)

Thanks!!

Michaell

bulgokee said:

Can you confirm the lease payment:
Philadelphia, PA
36/12

2017 Accord EXL
MSRP: 29655
Adjust CAP Cost: 26497
Residual: 16310.25 (55%)
Money Factor: 0.00041
Monthly payment: 300.52 (tax not inlcuded)

Thanks!!

Confirmed, to the penny.

ohiohondaguy

bulgokee said:

Can you confirm the lease payment:
Philadelphia, PA
36/12

2017 Accord EXL
MSRP: 29655
Adjust CAP Cost: 26497
Residual: 16310.25 (55%)
Money Factor: 0.00041
Monthly payment: 300.52 (tax not inlcuded)

Thanks!!

Honda's programs changed today. Need to verify anything else or did you capitalize on that deal yesterday?

bogeyman4ever

Do you have March MF and residual for Accord Touring V6, 36/12 (36,10 if available) in NC & SC? Any dealer cash available or other incentives, like loyalty cash for existing Honda owners? Thanks!

bulgokee

Please provide the money factor, residual value, and dealer/bonus lease cash for Accord sedan EXL in Philadelphia, PA area for 12/36 and 15/36.
Thank you.

ohiohondaguy

Accord Sedan EX-L
12/36 : MF - .00083 Residual - 55 Lease Cash - $1000
15/36 : MF - .00083 Residual - 53 Lease Cash - $1000

glenmetz

Looking for feedback on this offer. Giving up my 2014 EX-L V6 lease with nothing being rolled into the new lease.

2017 Accord Sedan EX-L V6
MSRP $31730
Sell Price $28575
Honda Bank Fee $595
DMV Fees/Transfer $287.45
$1000 down
35 payments of $399.44
3 year/36k miles
NY State, tax rate in county of purchase is 8%. My county is 7.5%.

Anything else you need, let me know and I'll get back to my guy.

kyfdx

bogeyman4ever said:

Do you have March MF and residual for Accord Touring V6, 36/12 (36,10 if available) in NC & SC? Any dealer cash available or other incentives, like loyalty cash for existing Honda owners? Thanks!

.00083 MF and 50% residual for 36/12
$1000 dealer cash + $1000 bonus lease cash

No info on loyalty programs

kyfdx

bulgokee said:

Please provide the money factor, residual value, and dealer/bonus lease cash for Accord sedan EXL in Philadelphia, PA area for 12/36 and 15/36.
Thank you.

.00083 MF and 55%/53% residual
$1000 dealer cash + $1000 bonus lease cash

kyfdx

glenmetz said:

Looking for feedback on this offer. Giving up my 2014 EX-L V6 lease with nothing being rolled into the new lease.

2017 Accord Sedan EX-L V6
MSRP $31730
Sell Price $28575
Honda Bank Fee $595
DMV Fees/Transfer $287.45
$1000 down
35 payments of $399.44
3 year/36k miles
NY State, tax rate in county of purchase is 8%. My county is 7.5%.

Anything else you need, let me know and I'll get back to my guy.

.00083 MF and 54% residual

So, how much is due at signing? Just the $1000?

glenmetz

Yes, just $1000. The first payment is included in that $1000 down. Deal, or no deal?

doctor_x

Are MF and residual the same for the Accord Hybrid? It appears that thread has been closed. Thanks

Michaell

doctor_x said:

Are MF and residual the same for the Accord Hybrid? It appears that thread has been closed. Thanks

No, they are different. What trim, term and mileage are you looking for?

glenmetz

I ran my numbers above through the lease calc on Edmunds, and it doesn't look right. Any other opinions?

Michaell

glenmetz said:

I ran my numbers above through the lease calc on Edmunds, and it doesn't look right. Any other opinions?

On line calculators often make assumptions we know nothing about.

Use this link to build your own calculator:

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

glenmetz

Michaell said:

On line calculators often make assumptions we know nothing about.

Use this link to build your own calculator:

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

Using that I get a payment of around $452. This looks like a good deal.

kyfdx

glenmetz said:

Michaell said:

On line calculators often make assumptions we know nothing about.

Use this link to build your own calculator:

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

Using that I get a payment of around $452. This looks like a good deal.

When I add in about $1070 for tax, I get about $394/mo, which isn't far off their payment. Not sure how you got $452/mo.

marcelo19lp

Have narrowed it down, to an accord sport se cvt as as a secondary car to get the family around. I reside in North Eastern NJ. Had a 1999 civic which I passed it down to my brother which has now 190K miles on it. I take a Japanese car over a German car any day. I have a G37 coupe with 80K with no issues. I intend to keep the car, for a 6 or 7 years. However, i was presented a lease offer, instead of buying as the 2018 is re designed with a turbo engine on it. This is the best two numbers I got using true car as a source to bargain and fall under exceptional deal.

Lease.

Car price 22,550
Out of pocket 1554 ( broken down below )
Bank fee 595
Dmv plates and registration 301
Doc fee 399
NJ tire tax 7.50
First payment 252.68
12K/36 months

Residual 15498 + .06875 tax = 16, 563 Total Lease cost 10, 374
Buyout plus lease cost total 26,937



Option 2 Purchase

Car price 22, 840
Nj tax 1570
Documenation 290
Registration 300

Total cost 25,000 with 0.9 apr

Your suggestions and thoughts are highly appreciated.

kyfdx

marcelo19lp said:

Have narrowed it down, to an accord sport se cvt as as a secondary car to get the family around. I reside in North Eastern NJ. Had a 1999 civic which I passed it down to my brother which has now 190K miles on it. I take a Japanese car over a German car any day. I have a G37 coupe with 80K with no issues. I intend to keep the car, for a 6 or 7 years. However, i was presented a lease offer, instead of buying as the 2018 is re designed with a turbo engine on it. This is the best two numbers I got using true car as a source to bargain and fall under exceptional deal.

Lease.

Car price 22,550
Out of pocket 1554 ( broken down below )
Bank fee 595
Dmv plates and registration 301
Doc fee 399
NJ tire tax 7.50
First payment 252.68
12K/36 months

Residual 15498 + .06875 tax = 16, 563 Total Lease cost 10, 374
Buyout plus lease cost total 26,937



Option 2 Purchase

Car price 22, 840
Nj tax 1570
Documenation 290
Registration 300

Total cost 25,000 with 0.9 apr

Your suggestions and thoughts are highly appreciated.

.00083 MF and 57% residual
$1000 dealer cash + $1000 bonus lease cash.

Not sure how you are calculating tax, but pretty sure it's wrong.
Tax should be around $720 total on the lease.

To properly calculate the lease, you need the MSRP and the selling price.

marcelo19lp

Thanks for the help. On the purchase price the tax in NJ is .06875 which the selling price is 22840.


On the lease the purchase price $22, 550 and the MSRP is $27, 190. At the end of the lease the residual is $15498 and that is not taxed, so again I have to pay the NJ tax of .06875 and its $1,065 which makes it $16563. Its a good way to pay a little less at first leasing, but If I Intend to keep the car, its going to cost about $2000 more.

On Purchasing/leasing there is a $1000 dealer cash and an extra $1,000 bonus lease cash. Therefore if I'm leasing they have total $2,000 total dealer cash? Or is it, $1000 dealer cash and $500 bonus lease cash and therefore if leasing it should be total $1500 dealer cash?

Michaell

marcelo19lp said:

Thanks for the help. On the purchase price the tax in NJ is .06875 which the selling price is 22840.


On the lease the purchase price $22, 550 and the MSRP is $27, 190. At the end of the lease the residual is $15498 and that is not taxed, so again I have to pay the NJ tax of .06875 and its $1,065 which makes it $16563. Its a good way to pay a little less at first leasing, but If I Intend to keep the car, its going to cost about $2000 more.

On Purchasing/leasing there is a $1000 dealer cash and an extra $1,000 bonus lease cash. Therefore if I'm leasing they have total $2,000 total dealer cash?

If your intention is to keep the car for a long time, leasing then buying is not a good strategy. First is the tax situation, which you've noticed. Second is that there are fees associated with a lease (acquisition fee) that you don't pay with an outright purchase.

marcelo19lp

Thank You.

What are your opinions under these 2 deals? Great, Average, Exceptional?

Can you please clarify. Whether you lease or finance there is a $ 1000 dealer cash?
And if you lease an extra $ 1,000 bonus lease cash, which makes it $2K
in total dealer cash?

Michaell

marcelo19lp said:

Thank You.

What are your opinions under these 2 deals? Great, Average, Exceptional?

Can you please clarify. Whether you lease or finance there is a $ 1000 dealer cash?
And if you lease an extra $ 1,000 bonus lease cash, which makes it $2K
in total dealer cash?

Whoops, sorry. Didn't look close enough at the docs for March.

Yes, $1000 if you lease or finance, additional $1000 if you lease.

We don't track selling prices - I know you've been posting in the Prices Paid thread. You should get good feedback from the folks there on the strength of your pricing.

marcelo19lp

Thanks!!!

longhorn1969

I leased an Accord 10 years ago, and I remember the Cap Cost is negotiable. I am seeing buyers getting $4K-$4.5K off Accords easily, so should it not be the same on the Cap cost on a lease?

gmanusmc

longhorn1969 said:

I leased an Accord 10 years ago, and I remember the Cap Cost is negotiable. I am seeing buyers getting $4K-$4.5K off Accords easily, so should it not be the same on the Cap cost on a lease?

The selling price portion of the cap cost is absolutely negotiable but there are various fees that are added to the cap cost that are fixed and not negotiable. Hope I understood your question correctly.

Michaell

longhorn1969 said:

I leased an Accord 10 years ago, and I remember the Cap Cost is negotiable. I am seeing buyers getting $4K-$4.5K off Accords easily, so should it not be the same on the Cap cost on a lease?

The cap cost is calculated as:

negotiated selling price + fees, taxes you are not paying up front - cap reduction (aka down payment)

So, part 1 is negotiable, part 2 isn't and we suggest you skip part 3 - any money down on a lease will be lost if the car is stolen or totaled.

marcelo19lp

kyfdx

The money factor is 0.00083.

Tax amount on lease is $ 648

Residual is 57%

You were correct.

Now its just a matter of leasing vs buying. I might wait to get an extra $ 500 off on March 31, since that is their quarterly sales report date.

Out the door $24,500 instead of $ 25,000

longhorn1969

Thanks for the answers, so just as the buyers are getting $4K off Accords, those of us leasing should ask the same too $4K off too.