2017 Honda Accord Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 268,810
    jimmymac6 said:

    Please provide MF, Residual, and Incentives on an Accord EX-L in NJ. 10k and 12k miles per year, 36 months.

    Question - what number should I be subtracting the incentives from? The MSRP? The Factory Invoice? Or the TrueCar average pricing? Because I'm seeing a TrueCar price of $25,779, Invoice of $27,328, and MSRP of 29,795.

    Thank you kindly in advance!

    .00059 MF
    $3100 incentives
    51% residual for 36/12
    Add 1% for 10K/yr, if available in your area.

    We don't have any info on TrueCar

    I would assume that all incentives are factory-to-dealer and incorporate them into your offering price.

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  • hugsterhugster Member Posts: 14
    MV and residual? for Accord hybrid exl, 36/12, Socal. Thanks.
  • gmanusmcgmanusmc Member Posts: 699
    jimmymac6 said:

    Please provide MF, Residual, and Incentives on an Accord EX-L in NJ. 10k and 12k miles per year, 36 months.

    Question - what number should I be subtracting the incentives from? The MSRP? The Factory Invoice? Or the TrueCar average pricing? Because I'm seeing a TrueCar price of $25,779, Invoice of $27,328, and MSRP of 29,795.

    Thank you kindly in advance!

    Just target a selling price of about 20-24% off msrp and if you have decent credit, you will land a great lease deal - TrueCar is a fair guideline to start with but their pricing can easily be beat.

    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • MichaellMichaell Moderator Posts: 265,932
    hugster said:

    MV and residual? for Accord hybrid exl, 36/12, Socal. Thanks.

    .00039 and 47%
    $4450 lease incentives

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  • outkast11outkast11 Member Posts: 2
    I am very new to leasing. I just got a quote for a 2017 EX-L V6 Accord. I'm looking for a 36 month lease/12k miles per year.
    MSRP 31870
    Selling price 25797.19
    Fees 883
    Sales Tax 1682.44
    Net sales price = 28362.63
    Out of pocket payment 1931.92
    Monthly lease 317.53
    Please tell me what you think of that.
  • MichaellMichaell Moderator Posts: 265,932
    outkast11 said:

    I am very new to leasing. I just got a quote for a 2017 EX-L V6 Accord. I'm looking for a 36 month lease/12k miles per year.
    MSRP 31870
    Selling price 25797.19
    Fees 883
    Sales Tax 1682.44
    Net sales price = 28362.63
    Out of pocket payment 1931.92
    Monthly lease 317.53
    Please tell me what you think of that.

    What state?

    .00059 and 50%

    With your prices, I get $371/mo

    My guess is that some of the $1900 out of pocket is going to cap reduction.

    We don't recommend that you put up front cash on a lease - that money would be lost if the car is stolen or totaled.

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  • outkast11outkast11 Member Posts: 2
    It's Connecticut. Because I have a new credit, the dealer is actually asking now 393 a month, with 2000 out of pocket. And the money factor is 2.10 for me. So, my question is, considering my new credit history, what sort of figures should I aim for?
  • kyfdxkyfdx Moderator Posts: 268,810
    outkast11 said:

    It's Connecticut. Because I have a new credit, the dealer is actually asking now 393 a month, with 2000 out of pocket. And the money factor is 2.10 for me. So, my question is, considering my new credit history, what sort of figures should I aim for?

    Honda dealers can't mark up a subvented money factor, like the one on the Accord. So, if they say that's the best money factor they have, given your credit, then that's it.

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  • _vutron_vutron Member Posts: 6
    edited October 2017
    In Ohio, trying to lease a accord 2017 SE M/T in IL. We've been going back and forth on lease payments & their offer was:

    MSRP: 26,390.00
    lease "price": 20,729.24
    It's $1000 down, acquisition fee is $595, fees @ $393.15 AND I have to pay OH taxes upfront of $1192.00

    The lease terms are 3/36k, $203/mo

    Good deal?
  • MichaellMichaell Moderator Posts: 265,932
    edited October 2017
    _vutron said:

    In Ohio, trying to lease a accord 2017 SE M/T in IL. We've been going back and forth on lease payments & their offer was:

    MSRP: 26,390.00
    lease "price": 20,729.24
    It's $1000 down, acquisition fee is $595, fees @ $393.15 AND I have to pay OH taxes upfront of $1192.00

    The lease terms are 3/36k, $203/mo

    Good deal?

    .00059 and 52%
    $3100 of lease incentives

    Using your prices, I get $215/mo; if the $1000 is all cap reduction, that payment should drop to about $187/mo.

    We'd suggest you skip the $1000 down, and roll the acquisition fee and taxes into the selling price. Your payment will increase to $266, but your out of pocket drops to just about $650.

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  • fpaday90fpaday90 Member Posts: 2
    36/12K Honda Accord EX-L V6 in Ohio. Can you please confirm the residual and MF? Based off prior comments I believe it would be .00059 and 50%, but what to double check. Thanks.
  • tonyg2016tonyg2016 Member Posts: 737
    edited October 2017
    fpaday90 said:

    36/12K Honda Accord EX-L V6 in Ohio. Can you please confirm the residual and MF? Based off prior comments I believe it would be .00059 and 50%, but what to double check. Thanks.

    don't wait too long; that model will be a collector's item (no more v-6 in 2018)
    319/mo + tax is a local quote i have gotten in SW-OH

    my quote was based on 3100 in lease incentives; 3600 would lower the monthly by about $14
    so, 305 + tax
  • MichaellMichaell Moderator Posts: 265,932
    tonyg2016 said:

    fpaday90 said:

    36/12K Honda Accord EX-L V6 in Ohio. Can you please confirm the residual and MF? Based off prior comments I believe it would be .00059 and 50%, but what to double check. Thanks.

    don't wait too long; that model will be a collector's item (no more v-6 in 2018)
    319/mo + tax is a local quote i have gotten in SW-OH
    Those are correct. $3600 total lease incentives, this month.

    And, I'll second what @tonyg2016 said - get 'em while they're hot.

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  • Zoo Ropa82Zoo Ropa82 Member Posts: 122
    Do we know yet any pricing/lease info on the 2018 Accords?

    Will they have low residuals like the '17's?

    Any help would be greatly appreciated.
  • dkp1111dkp1111 Member Posts: 13
    Hi do you have the incentive/cash for purchase accord ex in So-cal? Thank you!
  • MichaellMichaell Moderator Posts: 265,932
    jmart2382 said:

    Do we know yet any pricing/lease info on the 2018 Accords?

    Will they have low residuals like the '17's?

    Any help would be greatly appreciated.

    No 2018 lease information. I suspect it will be November before it's available.

    My guess? .00200 MF and pretty high residuals, at least until the 2017 inventory is gone.

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  • MichaellMichaell Moderator Posts: 265,932
    edited October 2017
    dkp1111 said:

    Hi do you have the incentive/cash for purchase accord ex in So-cal? Thank you!

    $1500 for 4-cyl
    $2000 for V6

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  • snowsubisnowsubi Member Posts: 4
    Hello,

    Looking to confirm a few numbers (RV/MF/Incentives) for October on an EX-L and EX-L V6 in SoCal for lease term of 36/15k.

    I believe the money factor on both is .00059.

    Thanks!

  • MichaellMichaell Moderator Posts: 265,932
    snowsubi said:

    Hello,

    Looking to confirm a few numbers (RV/MF/Incentives) for October on an EX-L and EX-L V6 in SoCal for lease term of 36/15k.

    I believe the money factor on both is .00059.

    Thanks!

    49% (EX-L) or 48% (EX-L V6)

    $3100 lease cash on 4-cyl
    $3600 lease cash on V6

    MF is .00059

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  • ikozikoz Member Posts: 5
    Michaell said:

    hugster said:

    MV and residual? for Accord hybrid exl, 36/12, Socal. Thanks.

    .00039 and 47%
    $4450 lease incentives
    Michaell, how/where are the lease incentives applied. do you have a quick example. new to the leasing game.
  • jpmg2727jpmg2727 Member Posts: 17
    What's the MF and Residual on a 2017 Accord EX at 10k, 36 months in Long Island NY.
  • jpmg2727jpmg2727 Member Posts: 17
    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

  • john4545john4545 Member Posts: 136
    edited October 2017
    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    What's the agreed selling price of vehicle ? Vehicle MSRP .

  • MichaellMichaell Moderator Posts: 265,932
    ikoz said:



    Michaell said:

    hugster said:

    MV and residual? for Accord hybrid exl, 36/12, Socal. Thanks.

    .00039 and 47%
    $4450 lease incentives
    Michaell, how/where are the lease incentives applied. do you have a quick example. new to the leasing game.
    Generally, any offer from the dealer will likely include the incentives.

    We don’t track pricing – use the “make / model / year” tabs at the top of the page to link to the Edmunds price tools. Then, factor in the $4450 to determine your best price.

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  • MichaellMichaell Moderator Posts: 265,932
    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    .00059 and 53%; $3100 lease incentives

    What is the MSRP?

    Read back through the last page or two of this thread, to see what others have been able to negotiate.

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  • ronnie1983ronnie1983 Member Posts: 199
    Are the incentives on all V6 Accords $3,600 and does this include Touring? Are the resids the same as last month for EX-L, EX-L V6 (with and without Navi and Honda Sensing) and Touring? This is for 36/12.
  • MichaellMichaell Moderator Posts: 265,932
    ronnie1983 said:

    Are the incentives on all V6 Accords $3,600 and does this include Touring? Are the resids the same as last month for EX-L, EX-L V6 (with and without Navi and Honda Sensing) and Touring? This is for 36/12.

    Yes, $3600 on all V6 Accords

    Yes, same residuals as September.

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  • jpmg2727jpmg2727 Member Posts: 17
    Michaell said:

    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    .00059 and 53%; $3100 lease incentives

    What is the MSRP?

    Read back through the last page or two of this thread, to see what others have been able to negotiate.
    $27,500 MSRP
  • MichaellMichaell Moderator Posts: 265,932
    jpmg2727 said:


    Michaell said:

    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    .00059 and 53%; $3100 lease incentives

    What is the MSRP?

    Read back through the last page or two of this thread, to see what others have been able to negotiate.
    $27,500 MSRP
    With those prices, I get $253/mo plus tax - the offer looks to be in the ballpark, if the taxes and fees are added to the cap cost number you've provided.

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  • brian125brian125 Member Posts: 5,244
    edited October 2017
    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    What was the selling price ? I can give you a handful of NJ / NY dealers that may do better if they have your model ?

    23 Telluride SX-P X-Line, 23 Camry XSE

  • jpmg2727jpmg2727 Member Posts: 17
    brian125 said:

    jpmg2727 said:

    What's the MF and Residual on a 2017 Accord EX -10k miles/36 months/Long Island NY.

    Just got back from a dealership, they offered 289/month, first month and DMV down at signing(totaling around 450 down payment). How is this looking as their first offer? I'm guessing I can get them down to like 270 but wanted to get the MF and Residual first. He said cap cost on the car is around 22,900.

    They give you one month free oil changes, I'm going to demand the 3 years if they want to lease this car to me.

    What was the selling price ? I can give you a handful of NJ / NY dealers that may do better if they have your model ?

    $22,900 is what Millennium in Hempstead told me for the 2017 Accord EX, it was the first place we went into, just to get a starting monthly price. We plan on going to Honda of Valley Stream to have the two shops fight for my business, sure they'll both go lower than $289, the goal is under 270/month. Both are 10 minutes from my house and looking to go with one of those two sellers bc getting it serviced at either would be very convenient.
  • brian125brian125 Member Posts: 5,244
    edited October 2017
    Your deal is on the higher end of a good deal in NY . I would email / call only Atlantic and Huntington Honda and see if either dealer will do a $269 a month deal.. Then consider if it's worth driven there for a couple of oil changes in your 3 yr lease time. Any Honda dealer regardless where you lease will service it.

    The only other service I see would be brakes around 1x. Slapping a pair of Akebono OEM brake pads on the FT / Back rotors cost $50 plus labor ........... if your not handy.

    23 Telluride SX-P X-Line, 23 Camry XSE

  • steveh71steveh71 Member Posts: 23
    Would you please provide me numbers for the EX-L Trim? 36/12m and 24/12m and any incentives. I am in Pennsylvania. Thank you.
  • drj7066drj7066 Member Posts: 2
    edited October 2017
    Looking for the MF, Residual, and Lease Incentives on a 2017 Accord Sport SE-15k miles/36 months and 30k miles/36 months in Las Vegas, NV. $22,391 internet price.
  • cogan01cogan01 Member Posts: 2
    Looking for feedback on the lease terms I received. EX-L V6
    $365 x 36 months (12k miles)
    15,935 residual
    no money down

    Seems like others may have received lower monthly payment quotes.
  • sweethoney143sweethoney143 Member Posts: 2
    Hey looking to lease a Honda Accord 2017 Sport Special Edition.
    Does anybody know the Residual value and money factor for 12k/36months.
    Is there any incentives for this vehicle because i am checking on the edmunds site and it shows there is none. So far i got a MSRP of 27,190 and cap cost is 24,100. What should i be expecting to pay a month if i put 0 down payment ?
  • MichaellMichaell Moderator Posts: 265,932
    steveh71 said:

    Would you please provide me numbers for the EX-L Trim? 36/12m and 24/12m and any incentives. I am in Pennsylvania. Thank you.

    .00059 and 51% / 58%
    $3100 lease incentives

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  • MichaellMichaell Moderator Posts: 265,932
    drj7066 said:

    Looking for the MF, Residual, and Lease Incentives on a 2017 Accord Sport SE-15k miles/36 months and 30k miles/36 months in Las Vegas, NV. $22,391 internet price.

    .00059 and 51% (36/15); there is no 10K allowance from Honda.
    $3100 lease incentives

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  • MichaellMichaell Moderator Posts: 265,932
    cogan01 said:

    Looking for feedback on the lease terms I received. EX-L V6
    $365 x 36 months (12k miles)
    15,935 residual
    no money down

    Seems like others may have received lower monthly payment quotes.

    How much is due at signing?

    We'd also need to know the MSRP and adjusted CAP cost to model a payment.

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  • MichaellMichaell Moderator Posts: 265,932
    sweethoney143 said:

    Hey looking to lease a Honda Accord 2017 Sport Special Edition.
    Does anybody know the Residual value and money factor for 12k/36months.
    Is there any incentives for this vehicle because i am checking on the edmunds site and it shows there is none. So far i got a MSRP of 27,190 and cap cost is 24,100. What should i be expecting to pay a month if i put 0 down payment ?

    .00059 and 53%
    $3100 of factory to dealer incentives, which are likely built in to the price quote you received. You can probably do better than that, however.

    With your prices, I get $292/mo plus tax

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  • sweethoney143sweethoney143 Member Posts: 2
    The price that I got was from edmunds site. Should i factor the incentive of 3,100 dollars on the remaining cap cost of 24,100? I don't see see anything that says a 3,100 incentive rebate in the incentive section of this site.
  • kyfdxkyfdx Moderator Posts: 268,810
    sweethoney143 said:

    The price that I got was from edmunds site. Should i factor the incentive of 3,100 dollars on the remaining cap cost of 24,100? I don't see see anything that says a 3,100 incentive rebate in the incentive section of this site.

    Those are Honda-to-dealer incentives.

    $24,100 wouldn't be a very good price on a $27,190 MSRP, considering the incentives.

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  • tonyg2016tonyg2016 Member Posts: 737
    sweethoney143 said:

    The price that I got was from edmunds site. Should i factor the incentive of 3,100 dollars on the remaining cap cost of 24,100? I don't see see anything that says a 3,100 incentive rebate in the incentive section of this site.

    cap cost should be closer to 22500, not 24100
    that's an invoice deal minus 3100 plus 595 acq fee
  • drj7066drj7066 Member Posts: 2
    edited October 2017
    Michaell said:

    drj7066 said:

    Looking for the MF, Residual, and Lease Incentives on a 2017 Accord Sport SE-15k miles/36 months and 30k miles/36 months in Las Vegas, NV. $22,391 internet price.

    .00059 and 51% (36/15); there is no 10K allowance from Honda.
    $3100 lease incentives
    So I should shoot for $324/month with 0 down?
  • MichaellMichaell Moderator Posts: 265,932
    drj7066 said:

    Michaell said:

    drj7066 said:

    Looking for the MF, Residual, and Lease Incentives on a 2017 Accord Sport SE-15k miles/36 months and 30k miles/36 months in Las Vegas, NV. $22,391 internet price.

    .00059 and 51% (36/15); there is no 10K allowance from Honda.
    $3100 lease incentives
    So I should shoot for $324/month with 0 down?
    Based on what MSRP and net cap cost?

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  • acemerchantacemerchant Member Posts: 12
    Hi,

    can you please provide the MF and residual for the following models in TX and IL:

    Accord Sport - 36/12k and 15k
    Accord EX-L V6 - 36/12k and 15k

    thank you in advance!
  • kyfdxkyfdx Moderator Posts: 268,810
    acemerchant said:

    Hi,

    can you please provide the MF and residual for the following models in TX and IL:

    Accord Sport - 36/12k and 15k
    Accord EX-L V6 - 36/12k and 15k

    thank you in advance!

    .00059 MF
    $3100 incentive
    50%/48% residual for Sport/V6EXL
    Add 2% for 12K/yr
    Either state

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  • tonyg2016tonyg2016 Member Posts: 737
    kyfdx said:

    acemerchant said:

    Hi,

    can you please provide the MF and residual for the following models in TX and IL:

    Accord Sport - 36/12k and 15k
    Accord EX-L V6 - 36/12k and 15k

    thank you in advance!

    .00059 MF
    $3100 incentive
    48% residual for EXL-v6
    Add 2% for 12K/yr
    Either state
    @kyfdx
    @Michaell has been quoting 3600 incentive on V-6 model; which is it? Ohio (not that it matters)
  • MichaellMichaell Moderator Posts: 265,932
    edited October 2017
    tonyg2016 said:

    kyfdx said:

    acemerchant said:

    Hi,

    can you please provide the MF and residual for the following models in TX and IL:

    Accord Sport - 36/12k and 15k
    Accord EX-L V6 - 36/12k and 15k

    thank you in advance!

    .00059 MF
    $3100 incentive
    48% residual for EXL-v6
    Add 2% for 12K/yr
    Either state
    @kyfdx
    @Michaell has been quoting 3600 incentive on V-6 model; which is it? Ohio (not that it matters)
    Dealer lease cash on V6 sedan - $1500
    Bonus lease cash on sedan - $1600

    (Lease cash on 4-cyl sedan - $500)
    (Dealer lease cash on 4-cyl sedan - $1000)

    Looks like my calculator blew a fuse - I get $3100 for all sedans.

    (BTW, the total lease incentives on the Accord Coupe is $3650 - do you really need those rear doors?)

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  • tonyg2016tonyg2016 Member Posts: 737
    edited October 2017
    Michaell said:


    (BTW, the total lease incentives on the Accord Coupe is $3650 - do you really need those rear doors?)

    c'mon dude - most will agree that Accord Coupe is a chick car ;)

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