2017 Honda Accord Lease Deals and Prices

1161719212235

Comments

  • MichaellMichaell Moderator Posts: 265,027
    edyizme said:

    Interesting, so beyond the dealer cash, there is $1,000 lease cash but no financing cash? Do you think this means we could potentially take another $1k off of the internet prices they advertise when negotiating cap cost on a lease?





    Also, could I get Accord LX, sport, and sport SE trim 36/12k lease RV, MF in Illinois suburbs? I assume lease cash and dealer cash are both $1k.



    Finally, are you aware of any July fourth holiday discounts or July numbers yet?




    Thank you so much. Originally was going vw golf Sportwagen but wife doesn't trust vw reliability so had to make an audible...


    It's possible that another $1K off the internet price can be had; the dealer will be the one to tell you.

    MF and incentives are the same for all Accords.

    36/12 residual:
    LX/Sport - 56%
    Sport SE - 57%

    I drive a leased Jetta; the nice thing about leasing is that you are under warranty the entire lease term.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • bachatubachatu Member Posts: 20
    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?
  • MichaellMichaell Moderator Posts: 265,027
    bachatu said:

    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?

    MSRP?

    Looks cheap, but need the details to know for sure.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • aschugeraschuger Member Posts: 55
    A salesman just told me that the $1000 bonus lease cash for an Accord EX-L 4-cyl in California is just for military or recent grads. Is that true?
  • kyfdxkyfdx Moderator Posts: 267,789
    aschuger said:

    A salesman just told me that the $1000 bonus lease cash for an Accord EX-L 4-cyl in California is just for military or recent grads. Is that true?

    Nope.. not true

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • bachatubachatu Member Posts: 20
    Michaell said:

    bachatu said:

    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?

    MSRP?

    Looks cheap, but need the details to know for sure.
    MSRP is $27,505
  • MichaellMichaell Moderator Posts: 265,027
    bachatu said:

    Michaell said:

    bachatu said:

    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?

    MSRP?

    Looks cheap, but need the details to know for sure.
    MSRP is $27,505
    Hmmm, I get $214/mo before tax, using those prices (.00059 MF and 56% residual).

    Confirm the adjusted cap cost with the dealer - I suspect the acquisition fee is the difference.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • bachatubachatu Member Posts: 20
    Michaell said:

    bachatu said:

    Michaell said:

    bachatu said:

    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?

    MSRP?

    Looks cheap, but need the details to know for sure.
    MSRP is $27,505
    Hmmm, I get $214/mo before tax, using those prices (.00059 MF and 56% residual).

    Confirm the adjusted cap cost with the dealer - I suspect the acquisition fee is the difference.
    exactly, there's a 595 acquisition fee being added to the sale price and that's what makes up the difference.
  • MichaellMichaell Moderator Posts: 265,027
    bachatu said:

    Michaell said:

    bachatu said:

    Michaell said:

    bachatu said:

    2017 Accord EX, CVT. Lease term 36 mo, 12k miles.

    Drive off costs: first payment and Tag/Registration fees = ~$500.

    Sale price 22,311

    229 per mo before tax

    Thoughts?

    MSRP?

    Looks cheap, but need the details to know for sure.
    MSRP is $27,505
    Hmmm, I get $214/mo before tax, using those prices (.00059 MF and 56% residual).

    Confirm the adjusted cap cost with the dealer - I suspect the acquisition fee is the difference.
    exactly, there's a 595 acquisition fee being added to the sale price and that's what makes up the difference.
    Now I get $231/mo before tax, using a cap cost of $22,906

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • metalblazemetalblaze Member Posts: 40
    Hi - do we have July numbers for Accord EX-L (4 cylinder CVT) for 36 months/12k miles in the NY area? Also, any lease cash incentives?
  • kyfdxkyfdx Moderator Posts: 267,789

    Hi - do we have July numbers for Accord EX-L (4 cylinder CVT) for 36 months/12k miles in the NY area? Also, any lease cash incentives?

    The current Honda programs run through July 5th.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • metalblazemetalblaze Member Posts: 40

    kyfdx said:

    Hi - do we have July numbers for Accord EX-L (4 cylinder CVT) for 36 months/12k miles in the NY area? Also, any lease cash incentives?


    The current Honda programs run through July 5th.


    Could you please share the latest numbers for the program(s) that run through the holiday weekend? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,789



    kyfdx said:


    Hi - do we have July numbers for Accord EX-L (4 cylinder CVT) for 36 months/12k miles in the NY area? Also, any lease cash incentives?



    The current Honda programs run through July 5th.


    Could you please share the latest numbers for the program(s) that run through the holiday weekend? Thanks!

    .00059 MF and 55% residual
    $1000 dealer cash + $1000 bonus lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • susan2000susan2000 Member Posts: 10
    Hi. Just left a Honda dealership in Fort Lauderdale Fl. Offer was as follows:
    2017 EX-L. Sticker $29,8K.
    12K miles/yr, 36 months.
    $670 total initial out-of pocket, which includes tag and first month.
    $276/month (total, incl tax) for the remaining 35 months
    $350 disposition fee at the end.
    We walked because they never mentioned the disposition fee until we were inking the deal. Did we walk from a good deal??
  • gmanusmcgmanusmc Member Posts: 699
    susan2000 said:

    Hi. Just left a Honda dealership in Fort Lauderdale Fl. Offer was as follows:
    2017 EX-L. Sticker $29,8K.
    12K miles/yr, 36 months.
    $670 total initial out-of pocket, which includes tag and first month.
    $276/month (total, incl tax) for the remaining 35 months
    $350 disposition fee at the end.
    We walked because they never mentioned the disposition fee until we were inking the deal. Did we walk from a good deal??

    There's a disposition fee on most leases - you only pay it if you turn the car in and don't lease or buy another. What is the sale price they are quoting?

    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • susan2000susan2000 Member Posts: 10
    edited July 2017
    I think it was $25K. I also found out the tag fee is only $166, so besides the first month payment of $275 + the 166 for the tag they were getting an additional $442 out of my pocket up front.
  • susan2000susan2000 Member Posts: 10
    edited July 2017
    I think it was $25K. I also found out the tag fee is only $166, so besides the first month payment of $275 + the 166 for the tag they were getting an additional $442 out of my pocket up front.
  • alexthefuturealexthefuture Member Posts: 8
    Hello,

    Would you please provide the MF and residuals for 2017 Accord Lx Sedan for 10k miles in Providence, RI for the month of June or July?

    Thank you!
  • MichaellMichaell Moderator Posts: 265,027

    Hello,

    Would you please provide the MF and residuals for 2017 Accord Lx Sedan for 10k miles in Providence, RI for the month of June or July?

    Thank you!

    .00059 and 56% for 36/12; if 10K is available, add 1% to the residual

    $1000 dealer cash and $1000 bonus lease cash

    These numbers expire at the end of the day tomorrow. We won't have the new numbers until Thursday, at the earliest.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • jmbailyjmbaily Member Posts: 1
    Hi, do you have the new incentives for July yet? Could you tell me the MF and RV for 2017 Accord LX sedan for 12k/36 months in Connecticut?
  • kyfdxkyfdx Moderator Posts: 267,789
    jmbaily said:

    Hi, do you have the new incentives for July yet? Could you tell me the MF and RV for 2017 Accord LX sedan for 12k/36 months in Connecticut?

    .00059 MF and 54% residual
    $1500 dealer cash + $1250 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • metalblazemetalblaze Member Posts: 40


    kyfdx said:


    Hi, do you have the new incentives for July yet? Could you tell me the MF and RV for 2017 Accord LX sedan for 12k/36 months in Connecticut?




    .00059 MF and 54% residual

    $1500 dealer cash + $1250 lease cash




    Is this cash incentive national or just for CT?
  • kyfdxkyfdx Moderator Posts: 267,789




    kyfdx said:



    Hi, do you have the new incentives for July yet? Could you tell me the MF and RV for 2017 Accord LX sedan for 12k/36 months in Connecticut?




    .00059 MF and 54% residual


    $1500 dealer cash + $1250 lease cash




    Is this cash incentive national or just for CT?

    National

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • aschugeraschuger Member Posts: 55
    What is the MF and residual for a 2017 Honda Accord EX-L 4 cylinder with Honda Sensing & Navigation for 36 months/15k miles per year in California?

    Thanks in advance for the help
  • kyfdxkyfdx Moderator Posts: 267,789
    aschuger said:

    What is the MF and residual for a 2017 Honda Accord EX-L 4 cylinder with Honda Sensing & Navigation for 36 months/15k miles per year in California?

    Thanks in advance for the help

    .00059 MF and 49% residual
    $1500 dealer cash + $1250 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • ronnie1983ronnie1983 Member Posts: 199
    Hello what is the MF and residual for 2017 Accord Touring in Houston. I know last month the MF was 0.00059 and residual was 50%. Also does the $1500 dealer cash + $1250 lease cash apply to this model?
  • kyfdxkyfdx Moderator Posts: 267,789

    Hello what is the MF and residual for 2017 Accord Touring in Houston. I know last month the MF was 0.00059 and residual was 50%. Also does the $1500 dealer cash + $1250 lease cash apply to this model?

    48% residual for 36/12

    Yes, those amounts apply

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MichaellMichaell Moderator Posts: 265,027

    Hello what is the MF and residual for 2017 Accord Touring in Houston. I know last month the MF was 0.00059 and residual was 50%. Also does the $1500 dealer cash + $1250 lease cash apply to this model?

    Same MF, but 36/15 residual is 46% this month; 48% for 36/12

    Yes, $1500 / $1250 is available for the Touring.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • ronnie1983ronnie1983 Member Posts: 199
    Using a lease calculator it looks like the additional $750 in rebates for this month is basically offset by the 2% drop in resid on a 36/12.
  • btwilli1btwilli1 Member Posts: 11
    I negotiate my Accord LX down to 19,400 including destination charge. Then I negotiate my trade-in and then I ask for a lease with money factor of .00059 and residual value of 54%.

    Is this how you professionals would do it? I'm trying to beat the $189 special lease offer for LX CVT.

    I'm getting $156/month pre-tax with at least $2000 for my trade-in. Thanks for helping a noob!
  • MichaellMichaell Moderator Posts: 265,027
    btwilli1 said:

    I negotiate my Accord LX down to 19,400 including destination charge. Then I negotiate my trade-in and then I ask for a lease with money factor of .00059 and residual value of 54%.

    Is this how you professionals would do it? I'm trying to beat the $189 special lease offer for LX CVT.

    I'm getting $156/month pre-tax with at least $2000 for my trade-in. Thanks for helping a noob!

    You don't have to ask for the residual value - it's fixed by the bank.

    Honda dealers rarely mark up the base MF, so there isn't much to worry about, there.

    Just make sure that the dealer's math and your math match. That's how you'll catch hidden fees.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • kyfdxkyfdx Moderator Posts: 267,789

    Using a lease calculator it looks like the additional $750 in rebates for this month is basically offset by the 2% drop in resid on a 36/12.

    That's typical.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • hondalady12345hondalady12345 Member Posts: 72
    Hi! You were a GREAT help with my first 2017 Honda Accord EX that I leased on Black Friday! I got into my car with absolutely nothing down, they paid off $867 on my then existing lease. I got a great deal and I know it. Now I'm negotiating to get another 2017 Accord EX for my recent college graduated son. I can't get anywhere close to that deal. We have nothing to trade or no current lease to be paid off. I have one dealership offering me $259 out the door with 35 payments. Another is offering me $244 but we pay for the plates and the first payment. I live in New York State and I have four dealers within 30 miles. What are your thoughts. Should I hang in there until the end of the month and hope for better or do feel these are fair deals for 36 months/36,000 miles?
  • MichaellMichaell Moderator Posts: 265,027

    Hi! You were a GREAT help with my first 2017 Honda Accord EX that I leased on Black Friday! I got into my car with absolutely nothing down, they paid off $867 on my then existing lease. I got a great deal and I know it. Now I'm negotiating to get another 2017 Accord EX for my recent college graduated son. I can't get anywhere close to that deal. We have nothing to trade or no current lease to be paid off. I have one dealership offering me $259 out the door with 35 payments. Another is offering me $244 but we pay for the plates and the first payment. I live in New York State and I have four dealers within 30 miles. What are your thoughts. Should I hang in there until the end of the month and hope for better or do feel these are fair deals for 36 months/36,000 miles?

    You may be able to negotiate a better selling price towards the end of the month, for sure.

    Be advised, the residuals have gone down since last November, which will make your lease payments higher, all things being equal.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • alexthefuturealexthefuture Member Posts: 8
    edited July 2017
    I want to ask what you think of this deal for a 36 month lease 12,000 miles a year the is for a 2017 Honda Accord Sedan LX CVT

    MSRP 24,130.00
    Savings 5,130.00
    Selling Price 19,000.00
    Adj Sale Price 19,000.00

    Sales Sub Total 19,000.00
    Tax -1,330.00
    Doc Fee -349.00
    Reg Fee 150.00
    Title Prep 5.00

    Net Sales Price 20,834.00
    Cash Down 500.00
    Amount Financed 20,334.00

    Residual 54%
    Money Factor 0.000590

    Payment 211.16

    Do you think this is a Good Bad or Fair deal. Their is also 500.00 dollars college grad money in their as well.
  • bananaerobananaero Member Posts: 123
    Hello,

    Could I get information for 2017 Accord Hybrid Touring? 36 months, 10,000 miles per year.

    Thanks!
  • MichaellMichaell Moderator Posts: 265,027

    I want to ask what you think of this deal for a 36 month lease 12,000 miles a year the is for a 2017 Honda Accord Sedan LX CVT

    MSRP 24,130.00
    Savings 5,130.00
    Selling Price 19,000.00
    Adj Sale Price 19,000.00

    Sales Sub Total 19,000.00
    Tax -1,330.00
    Doc Fee -349.00
    Reg Fee 150.00
    Title Prep 5.00

    Net Sales Price 20,834.00
    Cash Down 500.00
    Amount Financed 20,334.00

    Residual 54%
    Money Factor 0.000590

    Payment 211.16

    Do you think this is a Good Bad or Fair deal. Their is also 500.00 dollars college grad money in their as well.

    What state is this?

    Lease tax is dependent on where you live.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 265,027
    bananaero said:

    Hello,

    Could I get information for 2017 Accord Hybrid Touring? 36 months, 10,000 miles per year.

    Thanks!

    .00039 and 48% for 36/12

    Honda does not offer 10K allowances

    $1750 dealer cash and $2150 bonus lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • alexthefuturealexthefuture Member Posts: 8
    I live in Providence RI however the dealership is Herb Chambers Honda in Seekonk MA
  • MichaellMichaell Moderator Posts: 265,027

    I live in Providence RI however the dealership is Herb Chambers Honda in Seekonk MA

    Both RI and MA tax the monthly lease payment, so you can ignore the tax amount.

    Ask the dealer for the adjusted cap cost, and how they arrived at that number from the selling price.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • livintheoclivintheoc Member Posts: 60
    May I have the MF and RV on 2017 Honda Accord LX, Sport, Sport SE, and EX, 36/15 in Los Angeles, CA?
    Does the manual transmission make any difference in MF or RV?
  • MichaellMichaell Moderator Posts: 265,027

    May I have the MF and RV on 2017 Honda Accord LX, Sport, Sport SE, and EX, 36/15 in Los Angeles, CA?
    Does the manual transmission make any difference in MF or RV?
    .00059 and 54% for LX, Sport and EX; 55% for Sport SE

    $1500 dealer cash and $1250 bonus lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • hondalady12345hondalady12345 Member Posts: 72
    Is there dealer cash available right now if you purchase an accord ex sedan? Thanks
  • alexthefuturealexthefuture Member Posts: 8
    edited July 2017
    This is the latest offer they won't tell me how they arrived at the adjusted cap cost from the selling price their just saying its discounts. These are the new numbers from Herb chambers Seekonk MA

    2017 Honda Accord Sedan LX CVT

    Base MSRP 21,285.91
    MSRP 24,130.00
    Cap Cost 18,402.86
    Cap Reduction 500.00
    Customer Cash 500.00
    Drive off 500.00
    Lease Term 36
    Money Factor 0.000590
    Residual 13,030.20
    Tax Rate 7%
    License Fees 155.00 This number concerns me because these fees are 50.00 in RI
    Doc Fees 349.00
    Bank Acquisition Fee 595.00
    Program Miles 12,000
    Without Taxes 191.59

    Monthly payment 205.00

    This is a big decision for me I'm young and I don't have a lot of money to play with right now . All I know is at least 1700 dollars is incentives and another 500 dollars is college grad of the money taken off MSRP. Do you think this is a good, bad or fair deal overall and for the area that I live in Providence or do you think I could find a better deal if I keep looking.


  • MichaellMichaell Moderator Posts: 265,027

    Is there dealer cash available right now if you purchase an accord ex sedan? Thanks

    Yes, $1500

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 265,027

    This is the latest offer they won't tell me how they arrived at the adjusted cap cost from the selling price their just saying its discounts. These are the new numbers from Herb chambers Seekonk MA

    2017 Honda Accord Sedan LX CVT

    Base MSRP 21,285.91
    MSRP 24,130.00
    Cap Cost 18,402.86
    Cap Reduction 500.00
    Customer Cash 500.00
    Drive off 500.00
    Lease Term 36
    Money Factor 0.000590
    Residual 13,030.20
    Tax Rate 7%
    License Fees 155.00 This number concerns me because these fees are 50.00 in RI
    Doc Fees 349.00
    Bank Acquisition Fee 595.00
    Program Miles 12,000
    Without Taxes 191.59

    Monthly payment 205.00

    This is a big decision for me I'm young and I don't have a lot of money to play with right now . All I know is at least 1700 dollars is incentives and another 500 dollars is college grad of the money taken off MSRP. Do you think this is a good, bad or fair deal overall and for the area that I live in Providence or do you think I could find a better deal if I keep looking.

    How much cash are they asking for up front?

    Using your prices, I get $168/mo before tax.

    Ask the dealer for the adjusted cap cost, and how they arrived at that number from the $18,403. If they don't want to be transparent, that is a signal for you to start working with another dealer.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • alexthefuturealexthefuture Member Posts: 8
    I agree with you Before I saw your respond I did the numbers on the Lease calulcator and got 168 and 179 with taxes. I'll give them one more change if their not willing to tell me how their arriving at these numbers from the adjusted cap cost i'm going to walk. But I want to thank you for taking the time you did to help I very much appreciate it.
  • MichaellMichaell Moderator Posts: 265,027

    I agree with you Before I saw your respond I did the numbers on the Lease calulcator and got 168 and 179 with taxes. I'll give them one more change if their not willing to tell me how their arriving at these numbers from the adjusted cap cost i'm going to walk. But I want to thank you for taking the time you did to help I very much appreciate it.

    On the surface, it looks like a good deal, but I'd want to confirm all the numbers and calculations before signing anything.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • tom1965tom1965 Member Posts: 54
    edited July 2017




    This is the latest offer they won't tell me how they arrived at the adjusted cap cost from the selling price their just saying its discounts. These are the new numbers from Herb chambers Seekonk MA



    2017 Honda Accord Sedan LX CVT



    Base MSRP 21,285.91

    MSRP 24,130.00

    Cap Cost 18,402.86

    Cap Reduction 500.00

    Customer Cash 500.00

    Drive off 500.00

    Lease Term 36

    Money Factor 0.000590

    Residual 13,030.20

    Tax Rate 7%

    License Fees 155.00 This number concerns me because these fees are 50.00 in RI

    Doc Fees 349.00

    Bank Acquisition Fee 595.00

    Program Miles 12,000

    Without Taxes 191.59



    Monthly payment 205.00



    This is a big decision for me I'm young and I don't have a lot of money to play with right now . All I know is at least 1700 dollars is incentives and another 500 dollars is college grad of the money taken off MSRP. Do you think this is a good, bad or fair deal overall and for the area that I live in Providence or do you think I could find a better deal if I keep looking.










    Is base msrp referred to invoice? If your cap cost is roughly 18,400 with fees rolled in, you got a huge drop off msrp which I didn't see you mention anything out of pocket. 

    As Michaell mentioned he wants to see the break down 
  • alexthefuturealexthefuture Member Posts: 8
    edited July 2017
    They gave me every excuse under the sun when I asked them about seeing the adjusted cap cost from 18,403 what would that piece of information tell me and if their not willing to share should I pass on this deal. However I did get the breakdown of the 5700 they took off of on the MSRP

    1500 Dealer Cash
    1250 Lease bonus Cash
    So 2750 is Incentives

    The rest of it approximately 3000 is what they took off MSRP do you think theirs more room to negotiate their

    I would not be putting money down however I think I'm getting screwed on that when I asked my salesmen why I came up with a different payment then the 205 monthly payment he put down he said because he rolled the firsts month payment so their would be no first payment however when I did the math their was a 26 dollar difference per month as the number we both got was 168 and 179 with tax times that by 36 months that's 936 dollars if all he gave me was the first months payment that's only 205 dollars where did that 731 dollars go to.
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.