2017 Honda Accord Lease Deals and Prices

nt7001

Assuming 12k miles and 36 months, can you please give me the money factors and residual values for these 3 2017 Honda Accords (sedan - NO sensing)? Boca Raton, Florida. Thanks.
LX 2.4 CVT
EX 2.4 CVT
EX-L 2.4 CVT

nt7001

Forgot... Also incentives, and how those should be applied to the cap cost. Thanks

kyfdx

nt7001 said:

Assuming 12k miles and 36 months, can you please give me the money factors and residual values for these 3 2017 Honda Accords (sedan - NO sensing)? Boca Raton, Florida. Thanks.
LX 2.4 CVT
EX 2.4 CVT
EX-L 2.4 CVT

.00059 MF
$2750 incentive
54%/54%/53% residual, respectively

It is a dealer incentive. It should be reflected in a low negotiated selling price.

jark

Pls have numbers for accord coupe lx and ex 2.4. In southern cali. 36/12. Does transmission matter? Thanks.

tsinoy

Atlanta, GA; 36/36 Accord Sport with Sensing: What will be the calculated monthly rate? Have it a@ $360?
How's this deal in your opinion?
MSRP: 27,190;
Selling Price: 21,990
Accessories: 1,000
Tax+Fees: 2,600

kyfdx

jark said:

Pls have numbers for accord coupe lx and ex 2.4. In southern cali. 36/12. Does transmission matter? Thanks.

LX-S and EX are both 52% residual
.00059 MF
$3250 incentives
Transmission has no effect on lease variables.

budsdad

Could I please get the m/f, residuals and incentives for WI on 2017 Accord Sport and Sport SE for 24/30 and 36/45? Thank you!

Michaell

budsdad said:

Could I please get the m/f, residuals and incentives for WI on 2017 Accord Sport and Sport SE for 24/30 and 36/45? Thank you!

.00059 and $2750 total incentives

24/15
Sport - 59%
Sport SE - 58%

36/15
Sport - 52%
Sport SE - 51%

tsinoy

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

Michaell

tsinoy said:

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

.00059 and 54%. $2750 total incentives.

How much is the dealer asking for at signing?

tonyg2016

tsinoy said:

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

what state are you in?
accessories are always marked up at least 50%
tax and fees breakdown is?
you should be under 280 unless you have bad credit and/or negative equity on a trade

tsinoy

Location- Georgia. Sign and drive all fees rolled in. Nego via emails only- tier 1 credit.

gmanusmc

tsinoy said:

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

For comparison, here's the deal I got in March - however, keep in mind I am in SoCal where there are many Honda dealers and competition is keen.

2017 Accord Sport, msrp 26,190, sale price 20,455, 36/15k, $1k at signing, 225/mo incl 7.75% sales tax.

Michaell

tsinoy said:

Location- Georgia. Sign and drive all fees rolled in. Nego via emails only- tier 1 credit.

gmanusmc said:

tsinoy said:

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

For comparison, here's the deal I got in March - however, keep in mind I am in SoCal where there are many Honda dealers and competition is keen.

2017 Accord Sport, msrp 26,190, sale price 20,455, 36/15k, $1k at signing, 225/mo incl 7.75% sales tax.

There is a big difference between those two deals - CA taxes the monthly payment only, whereas GA taxes the entire selling price. Lease payment is going to be higher, all else being equal.

Are you paying the tax and fees up front, or adding them into the selling price?

tonyg2016

tsinoy said:

Location- Georgia. Sign and drive all fees rolled in. Nego via emails only- tier 1 credit.

GA is a tough state for leasing; with Honda resale value, purchase may be a better option. You are paying sales tax on the entire sell price either way.
i ran the numbers again; assuming the accessories (1000) are not residualized (i.e., out-of-pocket cost) i now get ~340/mo. IMO, that is a lot for a 27190 msrp car

gmanusmc

Michaell said:

tsinoy said:

Location- Georgia. Sign and drive all fees rolled in. Nego via emails only- tier 1 credit.

gmanusmc said:

tsinoy said:

Hello, need help to get monthly payment for: 36/36 Accord Sport with Sensing: Dealer stated $360/mo?
MSRP: 27,190; Selling Price: 21,990; Accessories: 1,000; Tax+Fees: 2,600.

For comparison, here's the deal I got in March - however, keep in mind I am in SoCal where there are many Honda dealers and competition is keen.

2017 Accord Sport, msrp 26,190, sale price 20,455, 36/15k, $1k at signing, 225/mo incl 7.75% sales tax.

There is a big difference between those two deals - CA taxes the monthly payment only, whereas GA taxes the entire selling price. Lease payment is going to be higher, all else being equal.

Are you paying the tax and fees up front, or adding them into the selling price?

While I understand the difference between the two situations, I thought I could offer the poster an apples to apples comparison of sales price without accessories. I go along with Tony's idea - if sales tax is on the entire sales price, conventional purchase is probably the better way to go.

tsinoy

Thanks all for the valuable input. I hold off and will wait for the next few months. Accessories should be residualized. How will that change the payment? All fees and taxes rolled in, no money out except prolly the 1st month payment. With that said- any new numbers for August MF, RV For the same vehicle, terms?

kyfdx

tsinoy said:

Thanks all for the valuable input. I hold off and will wait for the next few months.
Accessories should be residualized. How will that change the payment?
All fees and taxes rolled in, no money out except prolly the 1st month payment.

With that said- any new numbers for August MF, RV
For the same vehicle, terms?

Accessories will not be residualized. Think hard about how much you want them.

Current Honda lease programs run through September 5th.

9_lease

Can you please tell me the mf/residuals/incentives for Sport SE, EX-L V6, Touring for CA, 24/12.

Thanks

kyfdx

9_lease said:

Can you please tell me the mf/residuals/incentives for Sport SE, EX-L V6, Touring for CA, 24/12.

Thanks

.00059 MF
$2750 incentive
61%, 58%, 54% residual, respectively for 24/12

sarsar9

I know you provided the 24/12 numbers above, but may I please have the MF/Residual/Incentive for Accord Touring CA on a 36/12 for August - Thanks

9_lease

When negotiating a price from the dealer how are we supposed to know if the 2750 incentives are included in the price. Im having getting them to tell me what incentives and how much was included in the quote.

kyfdx

sarsar9 said:

I know you provided the 24/12 numbers above, but may I please have the MF/Residual/Incentive for Accord Touring CA on a 36/12 for August - Thanks

.00059 MF
$2750 incentive
48% residual for 36/12

kyfdx

9_lease said:

When negotiating a price from the dealer how are we supposed to know if the 2750 incentives are included in the price. Im having getting them to tell me what incentives and how much was included in the quote.

Any price they give you will already have incentives deducted.

9_lease

So in the case of the 1250 lease cash the lease option should net me the better discount correct?

kyfdx

9_lease said:

So in the case of the 1250 lease cash the lease option should net me the better discount correct?

Correct... the lease should have $1250 in extra incentives, over a purchase.

shahab87

 please help. ....I'm looking at the 2017 honda accord exl v6. The asking price was $31800 and i got it down to $26770. I'm trading my car in ~$4500 that i can use towards a down payment. 

Money factor they quoted is .00059 with residual at .50 for new york.

So with $4500 [trade in] down, i would be looking at $260 a month for a 3yr/45miles lease. Or 3yr/12k it would be around $240.. taxes n fees are rolled into the lease. I live in new York so not sure if this is a great deal or not. Should i negotiate lowered?

tonyg2016

it is not wise to put a large down payment on any lease. i suggest separating the two transactions and reworking the deal. i know it is more work but it is the better thing to do.
using your numbers, monthly payment would be 375 (includes 9% tax) for the 15k miles/year
add doc 75 and dmv fees to the drive-off cost (375+75+dmv = drive-off)
have them cut you a check for the [4500 minus the drive-off amount]

kyfdx

shahab87 said:

 please help. ....I'm looking at the 2017 honda accord exl v6. The asking price was $31800 and i got it down to $26770. I'm trading my car in ~$4500 that i can use towards a down payment. 

Money factor they quoted is .00059 with residual at .50 for new york.

So with $4500 [trade in] down, i would be looking at $260 a month for a 3yr/45miles lease. Or 3yr/12k it would be around $240.. taxes n fees are rolled into the lease. I live in new York so not sure if this is a great deal or not. Should i negotiate lowered?

Residual and money factor are correct.
There are $2750 of incentives on this model, making the effective discount about $2280.
Need an adjusted CAP cost of $24,400 to get that payment

So, let's see what the $4500 covers:
$2370 CAP reduction (to get from 26770 to 24400)
$260 1st payment
$595 acquisition fee
$1000 tax (estimated, assuming 8.5% rate)
$75 doc fee
$200 DMV fees

That about covers it..

But, I would ask for a check back for around $4000 from your trade. Just have them take out first payment, doc fee and DMV fees. Yes, the payment will go up to about $373/mo, but you'll have $4000 more in your pocket. And, your lease payment will reflect the true cost of the lease.

kyfdx

tonyg2016 said:

it is not wise to put a large down payment on any lease. i suggest separating the two transactions and reworking the deal. i know it is more work but it is the better thing to do.
using your numbers, monthly payment would be 375 (includes 9% tax) for the 15k miles/year
add doc 75 and dmv fees to the drive-off cost (375+75+dmv = drive-off)
have them cut you a check for the [4500 minus the drive-off amount]

Ha... yeah, what you said.

shahab87

Okay thanks guys! 

I have a different dealer now for the

2017 Honda accord ex-l v6.... closed end lease.

$193 a month with $3159down(cap cost reduction) due at signing.  $595 bank fee, First payment, $75 dealer fee, Tax, Title, and dmv extra. The residual of $16572. This is for a 3yr/36 mile lease.

Does this workout to be a better deal than the one listed above? It's the same car but i cannot figure out the selling/negotiating price? Can someone please help with the math? I saw this on the dealers website....

Please help!! Thank you

Michaell

shahab87 said:

Okay thanks guys! 

I have a different deal now... closed end lease.
$193 a month with $3159down(cap cost reduction) due at signing.  $595 bank fee, First payment, $75 dealer fee, Tax, Title, and dmv extra. The residual of $16572. This is for a 3yr/36 mile lease.

Does this workout to be a better deal than the one listed above? It's the same car but i cannot figure out the selling/negotiating price? Can someone please help with the math? I saw this on the dealers website....

Please help!! Thank you

Without knowing the MSRP or selling prices, there isn't much we can do.

However, that $3159 equates to about $85-90/mo, so the 'true' payment is closer to $280/mo

We don't recommend any sort of down payment on a lease.

shahab87

The MSRP is $31780...

kstover41

What are tier 1,2,and 3 money factors for 2017 Honda Accord LX. Do you have a rate sheet? I am probably a 640 Fico and want to see if I can work a deal in my ball park. I live in southern CA

kyfdx

kstover41 said:

What are tier 1,2,and 3 money factors for 2017 Honda Accord LX. Do you have a rate sheet? I am probably a 640 Fico and want to see if I can work a deal in my ball park. I live in southern CA

Honda has different tier designations.

Tier 8 goes down to 660, and that is the score required for the .00059 MF
Below Tier 8, it is .00153 MF

redwing497

Hi there. May I please have the residual and MF for a 2017 Accord Sport for August in NJ? 36/12 and 36/10. Any incentives this month? Thank you!

kyfdx

redwing497 said:

Hi there. May I please have the residual and MF for a 2017 Accord Sport for August in NJ? 36/12 and 36/10. Any incentives this month? Thank you!

.00059 MF
$2750 incentive
54% residual for 36/12.
If 10K is available in your area, add 1%

kstover41

Also can I residual on 2017 Honda Accord LX and Sport 36/12k and 36/15k in Southern Ca?

9_lease

I'm getting the selling price on the Sport SE - 22,401 for both purchase and lease. Is anyone having any luck with a lower lease selling price that would include the lease cash?

Michaell

kstover41 said:

Also can I residual on 2017 Honda Accord LX and Sport 36/12k and 36/15k in Southern Ca?

36/15 residuals; add 2% for 12K

52% for both LX and Sport....

blues88

Hi,
Please post the residual and MF for a Honda Accord EXL 4 cyl. without navigation 36/12 in Florida.Also is there any lease cash or loyalty incentive available?
Thanks.

Michaell

blues88 said:

Hi,
Please post the residual and MF for a Honda Accord EXL 4 cyl. without navigation 36/12 in Florida.Also is there any lease cash or loyalty incentive available?
Thanks.

.00059 and 53%

$2750 total lease incentives

kkkkkkk2

Could you please provide me with 24/12 Accord sedan/coupe both EX-L/EX-L V6 MF and RV in IL? Thank you!

kyfdx

kkkkkkk2 said:

Could you please provide me with 24/12 Accord sedan/coupe both EX-L/EX-L V6 MF and RV in IL? Thank you!

.00059 MF
$2750/$3250 incentive for sedan/coupe
59%/58% residual for Sedan
57%/56% residual for Coupe

andrewc300

3 year 12k/10k miles RV and MF? in the philly area Accord touring 2017

tybo7905

I'm looking to do a 3/36 on either the Accord LX or the Accord Sport. Seeing that it is August, and I live in Southern California, and I have good credit, what numbers should I use to get the best deal from one of the dealers down here? The initial offer was $209 a month for the LX with 2K down, and this was after taxes. I don't want to put down more than $1500. I also qualify for the $500 graduate student discount.

redwing497

Thanks for the help! Can I just ask for 24/12 on a 2017 accord sport in NJ? Thank you

kyfdx

andrewc300 said:

3 year 12k/10k miles RV and MF? in the philly area Accord touring 2017

.00059 MF
$2750 incentive
48% residual for 36/12
If 10K/yr is available in your area, add 1%

kyfdx

tybo7905 said:

I'm looking to do a 3/36 on either the Accord LX or the Accord Sport. Seeing that it is August, and I live in Southern California, and I have good credit, what numbers should I use to get the best deal from one of the dealers down here? The initial offer was $209 a month for the LX with 2K down, and this was after taxes. I don't want to put down more than $1500. I also qualify for the $500 graduate student discount.

.00059 MF and 54% residual for 36/12
$2750 incentive

kyfdx

redwing497 said:

Thanks for the help! Can I just ask for 24/12 on a 2017 accord sport in NJ? Thank you

.00059 MF and 60% residual
$2750 incentive