2017 Honda Accord Lease Deals and Prices

Michaell

tonyg2016 said:

hello gents,
Curious about lease data for accord LX (36mo, 12k miles, OH). Seems the May numbers reflect a lower MF while the residuals stayed the same from April? 1000 + 1000 incentives to boot?

.00059 and 56%

Same incentives for the sedan - $1000 + $1000

zanc7

Would you have any advice regarding turning in a lease early on a 2015 accord in exchange for a new leased accord? I am getting close to the mileage limit with a year left on the lease. With the new 2018s coming soon, I thought getting into a 2017 would be good option. Are dealerships willing to work with you?

Thanks in advance.

gmanusmc

zanc7 said:

Would you have any advice regarding turning in a lease early on a 2015 accord in exchange for a new leased accord? I am getting close to the mileage limit with a year left on the lease. With the new 2018s coming soon, I thought getting into a 2017 would be good option. Are dealerships willing to work with you?

Thanks in advance.

If you choose to do that, your vehicle will be treated as a trade in. You will most likely be dealing with negative equity depending on your payoff vs market trade in value of your 2015. Any negative equity not resolved by you will be rolled into the new lease. Sometimes Honda will waive the last 2 or 3 payments if you lease another Honda. Whatever you do, don't let a dealer try to fool you into thinking they are "absorbing" your remaining payments out of the goodness of their heart to get you into a new vehicle.

Michaell

gmanusmc said:

zanc7 said:

Would you have any advice regarding turning in a lease early on a 2015 accord in exchange for a new leased accord? I am getting close to the mileage limit with a year left on the lease. With the new 2018s coming soon, I thought getting into a 2017 would be good option. Are dealerships willing to work with you?

Thanks in advance.

If you choose to do that, your vehicle will be treated as a trade in. You will most likely be dealing with negative equity depending on your payoff vs market trade in value of your 2015. Any negative equity not resolved by you will be rolled into the new lease. Sometimes Honda will waive the last 2 or 3 payments if you lease another Honda. Whatever you do, don't let a dealer try to fool you into thinking they are "absorbing" your remaining payments out of the goodness of their heart to get you into a new vehicle.

I don't have much to add to that. I did that with my last lease - two remaining payments went into my new lease.

gelfin08

Thanks for this forum. Just picked up my 2017 Accord EX-L with 36 months /15K a year term for $268 a month with $1450 out pocket in Columbia, South Carolina. The car had tinted windows installed, wheels locks.
I was shooting for sales price (car including delivery) of $24,500 to be included in the lease monthly price + acquisition fees/dealer doc fees/sales tax in SC ($300)/first month payment/tags to be paid by cash. With reasonable numbers associated with doc fees ($225) and tags ($37) my calculations showed that these items would be around $1450.
After going back and forward and calculating the monthly price + out pocket expense on a piece of paper and telling them that I am walking away if price is not accepted, we finally concluded the deal. The price came out to be the same as I offered, however in the contract, they left unreasonably high doc fees of $458.67 and raised selling price to $24,771, but at the same time applied $500 dealership discount,so at the end the numbers matched.
Residual 53%. Money Factor: 0.00059. They tried to put 12K in the contract ( maybe unintentionally), but they corrected it after I noticed mistake.

So you can say that selling price is $24, 271 with high doc. fees. When I picked up our Pilot last year , another dealership (NJ area) lowered the price for the car ( lower then negotiated sales price in expense of higher doc. fees). I looked at couple Accords on a lot and all of them were delivered around November 2016 (meaning there were sitting 5-6 months).
Alex

gmanusmc

@gelfin08

Very good deal Alex - great work! I've had that 12k miles trick pulled on me too in the past - they're hoping you don't pick it up and when you do it might be too late to do anything about it - nice catch.

Congrats and enjoy your new Honda!!

espresso99

Looking for the updated money factor, residual and incentives  for the 2017 Accord in NYC / NJ 3 years, 36k miles

EXL w/ Sensing and Nav
EXL V6 w / Sensing and Nav
Touring

Thanks!  

Michaell

espresso99 said:

Looking for the updated money factor, residual and incentives  for the 2017 Accord in NYC / NJ 3 years, 36k miles

EXL w/ Sensing and Nav
EXL V6 w / Sensing and Nav
Touring

Thanks!  

53% (4-cyl EX-L) or 52% (V6 EX-L) and .00059

$1000 dealer cash and $1000 bonus lease cash.

tonyc123

Any information on residual, money factor, and other incentives on the Accord Touring at 36 months/15K miles?

A dealer offered around $30,500 as an "Adjusted Price" on the vehicle.

Thank you.

Michaell

tonyc123 said:

Any information on residual, money factor, and other incentives on the Accord Touring at 36 months/15K miles?

A dealer offered around $30,500 as an "Adjusted Price" on the vehicle.

Thank you.

48% and .00059

$1000 dealer cash and $1000 bonus lease cash.

patrickb5

I see above that the residual for 36/15K for a Sport SE is 55%.  Does that include a manual transmission or is that one different?  Thanks!

kyfdx

patrickb5 said:

I see above that the residual for 36/15K for a Sport SE is 55%.  Does that include a manual transmission or is that one different?  Thanks!

Transmission choice does not affect the lease variables

leasegrabber

Michaell said:

kyfdx said:

leasegrabber said:

Hi,
Was offered below deal for EX in NJ -
MSRP - 27505
Selling price 22219 (includes destination)
275 (1st month's payment) due at signing, everything else rolled up into payments.

Is this a good deal?

What term/mileage?

leasegrabber said:

Hi kyfdx,
this is for 36 months/12K mileage

.00083 and 56%

If I add $595 for the bank fee, $499 for the doc fee and $300 for DMV costs to your selling price, I get $268/mo with tax included. Pretty close to your quote.

Ask the dealer for the adjusted cap cost - I used $23894 in my calculations. And, make sure you understand how the dealer got to that number from the selling price.

Finally leased the Accord EX with sensing on April 28 in NJ. 36/12K. 279 per month. Paid just the 1st month's payment, everything rolled over into payments.

Registration fee 247
Doc Fee 469 (with tax of 32)
total shown on lease agreements is 1027 (as down payment) even though I only paid 279.
vehicle cost 23,279. MSRP 28505, Gross Capital cost 24519. No reduction, so adjusted is the same. RV is 15,677. Dep is 8841, Rent charge is 1200

Was this a good deal??

Michaell

leasegrabber said:

Michaell said:

kyfdx said:

leasegrabber said:

Hi,
Was offered below deal for EX in NJ -
MSRP - 27505
Selling price 22219 (includes destination)
275 (1st month's payment) due at signing, everything else rolled up into payments.

Is this a good deal?

What term/mileage?

leasegrabber said:

Hi kyfdx,
this is for 36 months/12K mileage

.00083 and 56%

If I add $595 for the bank fee, $499 for the doc fee and $300 for DMV costs to your selling price, I get $268/mo with tax included. Pretty close to your quote.

Ask the dealer for the adjusted cap cost - I used $23894 in my calculations. And, make sure you understand how the dealer got to that number from the selling price.

Finally leased the Accord EX with sensing on April 28 in NJ. 36/12K. 279 per month. Paid just the 1st month's payment, everything rolled over into payments.

Registration fee 247
Doc Fee 469 (with tax of 32)
total shown on lease agreements is 1027 (as down payment) even though I only paid 279.
vehicle cost 23,279. MSRP 28505, Gross Capital cost 24519. No reduction, so adjusted is the same. RV is 15,677. Dep is 8841, Rent charge is 1200

Was this a good deal??

With everything rolled into the payment, I think you did fine. Congrats, and enjoy!

zeecar14

Looking for updated mf/residual/incentives on 2017 Honda Accord Ex-L in LA area, Thanks!

Michaell

zeecar14 said:

Looking for updated mf/residual/incentives on 2017 Honda Accord Ex-L in LA area, Thanks!

Assuming sedan and 36/15, 53% and .00059.

$1000 dealer cash and $1000 bonus lease cash.

zeecar14

Michaell said:

zeecar14 said:

Looking for updated mf/residual/incentives on 2017 Honda Accord Ex-L in LA area, Thanks!

Assuming sedan and 36/15, 53% and .00059.

$1000 dealer cash and $1000 bonus lease cash.

Hey Michaelll,

Yeah I meant sedan, however I'm looking at 36m/12k, Sorry for not clarifying. Not sure if that changes the numbers or not.

Michaell

zeecar14 said:

Michaell said:

zeecar14 said:

Looking for updated mf/residual/incentives on 2017 Honda Accord Ex-L in LA area, Thanks!

Assuming sedan and 36/15, 53% and .00059.

$1000 dealer cash and $1000 bonus lease cash.

Hey Michaelll,

Yeah I meant sedan, however I'm looking at 36m/12k, Sorry for not clarifying. Not sure if that changes the numbers or not.

55% residual for 36/12

xo1xo1

Hello Michael,

I live in Dublin, OH. Im looking to lease a 2017 Accord Touring 36/12
MSRP $35,805.
Dealer offered $32,654 for the car
RV 50%
MF 0.00059
Sales Tax 7.5%

Im willing to give them $5000 down payment. So far they have offered $317.09 per month out the door all fees included. What do you think?

Thank you.
Calvin.

kyfdx

xo1xo1 said:

Hello Michael,

I live in Dublin, OH. Im looking to lease a 2017 Accord Touring 36/12
MSRP $35,805.
Dealer offered $32,654 for the car
RV 50%
MF 0.00059
Sales Tax 7.5%

Im willing to give them $5000 down payment. So far they have offered $317.09 per month out the door all fees included. What do you think?

Thank you.
Calvin.

I confirm .00059 MF and 50% residual
There is $2000 of incentives on a lease of this model.
The monthly is about right, given the variables, but I think your selling price is way too high.
I'd shoot for another $1500 off.

Also, why put $5000 upfront? Better to pay that amount in a higher monthly payment. The dealer doesn't care, either way. They get the full selling price from the bank.

$1500 more off, and just $600 due at signing (first payment + title/registration) should give you a payment around $395-$400 per month.

birthdayboy1

Would you please provide the MF and residuals for 2017 Accord LX and Accord Sport for 12k miles 36months in Jacksonville, FL, for May of 2017. Thank you

Michaell

birthdayboy1 said:

Would you please provide the MF and residuals for 2017 Accord LX and Accord Sport for 12k miles 36months in Jacksonville, FL, for May of 2017. Thank you

56% and .00059

$1000 dealer cash and $1000 bonus lease cash.

birthdayboy1

Thank you Michaell. Could you also provide me with MF and residuals for 2017 Honda CRV LX 12k/36 lease ? Thank you

kyfdx

birthdayboy1 said:

Thank you Michaell. Could you also provide me with MF and residuals for 2017 Honda CRV LX 12k/36 lease ? Thank you

CR-V discussion is here:
https://forums.edmunds.com/discussion/44005/honda/cr-v/2017-honda-cr-v-lease-questions#latest

johncft

hi there, what's the MF, Residual for a honda coupe EX-L 24 and 36 month. Any bonus cash incentive and target purchase price?

same questions for V6 EX-L coupe

10k miles/year

kyfdx

johncft said:

hi there, what's the MF, Residual for a honda coupe EX-L 24 and 36 month. Any bonus cash incentive and target purchase price?

same questions for V6 EX-L coupe

10k miles/year

Lowest mileage allowance offered is 12K/yr

24/12
.00059 MF and 59%/58% residual for 4/6 cylinder
36/12
.00059 MF and 53%/52% residual for 4/6 cylinder

$1250 dealer cash + $1000 bonus lease cash

wjdrake

Looking at a Ex-L Coupe V6. Can you please provide the MF/Res for 36/15K for Denver?

Also curious about the dealer cost add ons (clear coat protection, upgraded mats, mud guards, etc.) Read somewhere else that these add ons cost dealers about 25% for what they are selling for?

Thanks in advance.

Michaell

wjdrake said:

Looking at a Ex-L Coupe V6. Can you please provide the MF/Res for 36/15K for Denver?

Also curious about the dealer cost add ons (clear coat protection, upgraded mats, mud guards, etc.) Read somewhere else that these add ons cost dealers about 25% for what they are selling for?

Thanks in advance.

.00059 MF and 50% residual

$1250 dealer cash + $1000 bonus lease cash

Don't know about pricing of accessories, but any accessory not listed on the factory window sticker will cost you 100% of the price over the life of the lease.

Therefore, if the cost of these items is $700 total, that will add about $19-20/mo to the payment.

jayhawker3

Looking for MF/residual on 2017 Honda Accord EX-L (+/-nav) and Touring, 36mo 10 and 12k/year

Michaell

jayhawker3 said:

Looking for MF/residual on 2017 Honda Accord EX-L (+/-nav) and Touring, 36mo 10 and 12k/year

Is the EX-L 4-cyl or V6?

Touring - 50% and .00059 for 36/12. No 10K allowance from Honda.

$1000 dealer cash and $1000 bonus lease cash.

derbs2017

I'm new to the forums. In several of your posts you continue to mention items like "$1000 dealer cash and $1000 bonus lease cash." If you don't mind me asking, how do these work? Are dealers simply allowed to give away $2,000 total to the purchaser?

kyfdx

derbs2017 said:

I'm new to the forums. In several of your posts you continue to mention items like "$1000 dealer cash and $1000 bonus lease cash." If you don't mind me asking, how do these work? Are dealers simply allowed to give away $2,000 total to the purchaser?

Those are dealer incentives from Honda. Use that knowledge to negotiate a lower purchase price.

derbs2017

kyfdx said:

derbs2017 said:

I'm new to the forums. In several of your posts you continue to mention items like "$1000 dealer cash and $1000 bonus lease cash." If you don't mind me asking, how do these work? Are dealers simply allowed to give away $2,000 total to the purchaser?

Those are dealer incentives from Honda. Use that knowledge to negotiate a lower purchase price.

Ok, so if I receive the following quote on a Touring:

MSRP - $35,805
Guaranteed Savings - $4,980
Additional Savings - $200
Dealer Fees & Accessories + $779
Total Before Tax = $31,404

I would need to find out what incentives were built into the Guaranteed Savings. Correct? Or is it possible to get it even lower using those additional incentives totaling $2,000.

Michaell

derbs2017 said:

kyfdx said:

derbs2017 said:

I'm new to the forums. In several of your posts you continue to mention items like "$1000 dealer cash and $1000 bonus lease cash." If you don't mind me asking, how do these work? Are dealers simply allowed to give away $2,000 total to the purchaser?

Those are dealer incentives from Honda. Use that knowledge to negotiate a lower purchase price.

Ok, so if I receive the following quote on a Touring:

MSRP - $35,805
Guaranteed Savings - $4,980
Additional Savings - $200
Dealer Fees & Accessories + $779
Total Before Tax = $31,404

I would need to find out what incentives were built into the Guaranteed Savings. Correct? Or is it possible to get it even lower using those additional incentives totaling $2,000.

You want to negotiate your lowest price before you subtract the incentives.

It's likely the dealer has bundled them into the $5K savings, already.

johncft

kyfdx said:

johncft said:

hi there, what's the MF, Residual for a honda coupe EX-L 24 and 36 month. Any bonus cash incentive and target purchase price?

same questions for V6 EX-L coupe

10k miles/year

Lowest mileage allowance offered is 12K/yr

24/12
.00059 MF and 59%/58% residual for 4/6 cylinder
36/12
.00059 MF and 53%/52% residual for 4/6 cylinder

$1250 dealer cash + $1000 bonus lease cash

johncft

Hi there, can I get the Accord EX coupe residual value & money factor for 24/36 month with 10-12k/year.

kyfdx

johncft said:

Hi there, can I get the Accord EX coupe residual value & money factor for 24/36 month with 10-12k/year.

60%/54% residual for 24/36 months, 12K/yr
Money factor and incentives the same as above.

lldd1234

Hi! Can you provide May MF and RV for 2017 Accord EX w/ Sensing 2.4L 4-cyl. CVT Automatic for both 36/10kmi and 24/10kmi in 15213 (PA). Also looking for factory lease incentives. Thanks so much!

kyfdx

lldd1234 said:

Hi! Can you provide May MF and RV for 2017 Accord EX w/ Sensing 2.4L 4-cyl. CVT Automatic for both 36/10kmi and 24/10kmi in 15213 (PA). Also looking for factory lease incentives. Thanks so much!

61%/55% residual for 24/36 months, 12K/yr (Honda doesn't do 10K/yr)
.00059 MF
$1000 dealer cash + $1000 bonus lease cash

johncft

thank you kyfdx for the info on accord.

bjunkie

Hi. Looking for money factor and residual for 2017 accord coupe lx-s with Honda sensing. If you could provide for 36 mos 10k and 12k miles per year. Also any current incentives. Thank you

bjunkie

Accord coupe lx-s with Honda sensing is 4cyl CVT. Thank you

kyfdx

bjunkie said:

Hi. Looking for money factor and residual for 2017 accord coupe lx-s with Honda sensing. If you could provide for 36 mos 10k and 12k miles per year. Also any current incentives. Thank you

bjunkie said:

Accord coupe lx-s with Honda sensing is 4cyl CVT. Thank you

.00059 MF and 53% residual for 36/12 (Honda doesn't offer 10K)
$1250 dealer cash + $1000 bonus lease cash

bjunkie

Thank you!

albautoleaser

Hi, all: what is the current MF and residual for the Accord Hybrid EX-L at 12k and 15k? Any incentives? Thanks in advance.

kyfdx

albautoleaser said:

Hi, all: what is the current MF and residual for the Accord Hybrid EX-L at 12k and 15k? Any incentives? Thanks in advance.

.00039 MF and 51%/49% residual
$1250 dealer cash + $2150 lease cash

tonyc123

Has anything changed at end of month?

MF, RV, and incentives on 36/15k Touring in Florida?

kyfdx

tonyc123 said:

Has anything changed at end of month?

MF, RV, and incentives on 36/15k Touring in Florida?

We don't get mid-month updates.

tonyg2016

kyfdx said:

albautoleaser said:

Hi, all: what is the current MF and residual for the Accord Hybrid EX-L at 12k and 15k? Any incentives? Thanks in advance.

.00039 MF and 51%/49% residual
$1250 dealer cash + $2150 lease cash

is that a typo? 2150 lease cash

might explain why you can lease the ex-l hybrid (33.8k) for about the same as a base v-6 (31.8k)
gotta check my math...

kyfdx

tonyg2016 said:

kyfdx said:

albautoleaser said:

Hi, all: what is the current MF and residual for the Accord Hybrid EX-L at 12k and 15k? Any incentives? Thanks in advance.

.00039 MF and 51%/49% residual
$1250 dealer cash + $2150 lease cash

is that a typo? 2150 lease cash

might explain why you can lease the ex-l hybrid (33.8k) for about the same as a base v-6 (31.8k)
gotta check my math...

Not a typo