2017 Honda Accord Lease Deals and Prices

kyfdx

sark1978 said:

Any lease number should on the 2018 accord sport 1.5 and 2.0 for a 6MT?

36/12

2018 discussion is here:
https://forums.edmunds.com/discussion/48615/honda/accord/2018-honda-accord-lease-deals-and-prices#latest

vgrandom

Hi,
Is this a good deal?

I leased this in Texas, zip 75024.

2017 Honda Accord EXL

MSRP $29795

Trade In $5000 (2008 Toyota Rav4, 4 wheel, 111111 miles)

Gross capitalized cost $26473.43
Adjusted capitalized cost $21473.43

Due at signing $196.02 (first month)
Monthly Payment $196.02

Original monthly was $186. Before signing added the maintenance contract for $330. Which made the monthly payments $196

tonyg2016

sell price?
did you/they forget the lease cash?
if you applied the trade as cap reduction, the deal seems a bit high
should never put a large CCR down on a lease; next time ask before you sign
btw, what does the $330 mx contract cover? oil changes and tire rotations is all you need during a 3 year lease...

vgrandom

Thanks. Here is a copy of lease agreement.

Sounds silly, should I call the dealer and ask about lease cash?
what is CCR?

I saw this thread after I took the vehicle...:(....How much high are we talking? 2K, 3K?

tonyg2016

if you've already signed, i'm not gonna piss on your deal.
However, on a 3 year lease, you don't need a mx contract ($330) and you definitely don't need a $600 service contract. The Honda warranty is 3year/36k miles B2B so what is that $600 paying for. You might be able to go back and ask for both those to be deleted. Don't wait more than 48 hours or the deal will go through as is. State law determines if you have any recourse on the "optional" items.

It's not awful by any means but you should have declined the mx contract and the service contract. So, $930 higher than it needed to be.

ronnie1983

Hi - looking for Resid - MF - and lease incentives for November on EX-L, EX-L V6, and Touring. 3/36 Texas.

randy156

Looking for RV and MF for EX-L V6.
24/12K & 15K
36/12K & 15K

Do they still have any incentives available?

Michaell

ronnie1983 said:

Hi - looking for Resid - MF - and lease incentives for November on EX-L, EX-L V6, and Touring. 3/36 Texas.

.00059 and 50% / 49% / 45%

Looks like $2800 incentives on the 4-cyl, and $3300 for the V6, this month.

Michaell

randy156 said:

Looking for RV and MF for EX-L V6.
24/12K & 15K
36/12K & 15K

Do they still have any incentives available?

.00059 and 54% (24/15) or 47% (36/15)
$3300 lease incentives

Add 1% for 24/12 and 2% for 36/12

steveh71

What are the MF, residual and incentives for the EX-L and the Hybrid EX-L in Pennsylvania for 36/12? Thank you.

olliesam3

Hi, can you please advise MF & Residual for EX-L & EX-L V6 with Sensing for NY 12603? 36/12. Lease Cash?

Michaell

steveh71 said:

What are the MF, residual and incentives for the EX-L and the Hybrid EX-L in Pennsylvania for 36/12? Thank you.

EX-L - .00059 and 50%; $3300 lease incentives
Hybrid EX-L - .00039 and 46%; $4750 lease incentives

Michaell

olliesam3 said:

Hi, can you please advise MF & Residual for EX-L & EX-L V6 with Sensing for NY 12603? 36/12. Lease Cash?

.00059 and 48% (EX-L HS) or 47% (EX-L V6 HS)
$3300 incentives on 4-cyl; $3800 on V6

ombarr96

Hi. I am in Texas Zip Code 76006 and received an email from a local Honda dealer doing a 2-day sale on their remaining 2017 Accord LXs in stock. They claim $6000 off MSRP on these 2017 Accord LXs. I see 4 in stock with an MSRP of $24,130. I assume the $6000 off is the sum of the Dealer Discount plus Lease Incentives. Can you please provide the Money Factor and Residual Values and Lease Incentives for 12K miles/year as well as 15K miles/year for November 2017? As always, thanks in advance for all the great info you provide.

gmanusmc

ombarr96 said:

Hi. I am in Texas Zip Code 76006 and received an email from a local Honda dealer doing a 2-day sale on their remaining 2017 Accord LXs in stock. They claim $6000 off MSRP on these 2017 Accord LXs. I see 4 in stock with an MSRP of $24,130. I assume the $6000 off is the sum of the Dealer Discount plus Lease Incentives. Can you please provide the Money Factor and Residual Values and Lease Incentives for 12K miles/year as well as 15K miles/year for November 2017? As always, thanks in advance for all the great info you provide.

As a heads up, confirm with the dealer that the quoted discount will apply to a lease - sometimes incentives on leases and retail purchases are not the same.

ombarr96

Sorry I should have clarified more...in the email, the dealer quoted $6000 off, $0 Down Lease Special, $229/month for 36 months, 12,000 miles/year, NOT including Taxes and Fees

gmanusmc

ombarr96 said:

Sorry I should have clarified more...in the email, the dealer quoted $6000 off, $0 Down Lease Special, $229/month for 36 months, 12,000 miles/year, NOT including Taxes and Fees

That deal is not anything special - 229 plus taxes and fees on an LX is very average at best. You are at a disadvantage in TX being assessed sales tax on the entire sale price for leases.

ronnie1983

Confirm the correct incentives for Texas are $3,300 4 cyl and $3,800 6 cyl.

Michaell

gmanusmc said:

ombarr96 said:

Sorry I should have clarified more...in the email, the dealer quoted $6000 off, $0 Down Lease Special, $229/month for 36 months, 12,000 miles/year, NOT including Taxes and Fees

That deal is not anything special - 229 plus taxes and fees on an LX is very average at best. You are at a disadvantage in TX being assessed sales tax on the entire sale price for leases.

Agreed - you may be able to improve on that with some halfway decent negotiation skills. Get multiple dealers to compete for the right to earn your business.

retus99

Could I get MF and RV for 2017 Accord EX (sedan), NC, 36/12? Thank you!

kyfdx

retus99 said:

Could I get MF and RV for 2017 Accord EX (sedan), NC, 36/12? Thank you!

.00059 MF
$3300 incentive
51% residual

tomleee

Can I get the MF and RV for 2017 accord coupe exl v6 for 36/15 at 98006, thank you!!

Michaell

tomleee said:

Can I get the MF and RV for 2017 accord coupe exl v6 for 36/15 at 98006, thank you!!

.00059 and 45%
$3850 lease incentives

blacki24

Any changes for the numbers for 2017 Accord Sedan Sport from last month... in 11701
Or are the numbers still MF .00059, RV 52% and $3,100 in incentives?

Michaell

blacki24 said:

Any changes for the numbers for 2017 Accord Sedan Sport from last month... in 11701
Or are the numbers still MF .00059, RV 52% and $3,100 in incentives?

.00059 and 51% for 36/12, this month.
Incentives are now $3300

zumoney515

mrquikslvr said:

Got an offer for the following.

2017 EX-L V6 Coupe (6A)
MSRP: 32150
12k/36 month
$371 due at signing. First payment and fees
$356 /month tax included (6.75% tax rate)

RV: 48%
MF: .00059
Using these and the residual and MF Michael provided, I came up with a selling price of $25950.
This seems decent, but I think I can do better.

This was my first solid offer from a dealer. Trying to see if anyone will beat it now.

Try to ask for $25k

dsinvirginia

Michaell said:

dsinvirginia said:

2017 Accord EX and LX
36 / 12k
23114 (Virginia)

.00059 and 52%
$3100 lease incentives
Both trims

Thanks. How about the EX-L?

kyfdx

dsinvirginia said:

Michaell said:

dsinvirginia said:

2017 Accord EX and LX
36 / 12k
23114 (Virginia)

.00059 and 52%
$3100 lease incentives
Both trims

Thanks. How about the EX-L?

New month.
Still .00059 MF
LX/EX: 51% residual.
EXL: 50% residual
$3300 incentive

gofigure000

hi could i get accord hybrid terms for 36 months, 10k miles in TN

kyfdx

gofigure000 said:

hi could i get accord hybrid terms for 36 months, 10k miles in TN

Base?

.00039 MF and 48% residual for 36/12 (no 10K from Honda)
$4250 incentive

rbirge

Looking for best rates in IN (46038) on 2017 LX, EX, or EX-L? Thanks in advance!

tonyg2016

scroll up 3 posts and data is there!

Michaell

rbirge said:

Looking for best rates in IN (46038) on 2017 LX, EX, or EX-L? Thanks in advance!

What lease term and how many miles per year?

rbirge

36mo Term. 12k miles/year. Any idea if they have a lower mileage allotment that would drive down monthly cost? This is for my grandmother who only needs about $8k/yr. Currently being quoted (per 36mo/12k):

EX-L
$344/mo - $0 down
$313/mo - $1k down
$283/mo - $2k down

Sport SE
$265 - $0
$235 - $1k
$206 - $2k

Hybrid
$340 - $2k

How is this deal? What would be the best achievable pricing? Thank you!!!

tonyg2016

i don't think you can get 10k on honda in IN; seems to be a tri-state thing only. You might consider Sonata where you can get 10k and the lease deals are quite good this month, esp on SE model

btw, Sport SE has 19 inch wheels/tires - just perfect for Granny

Michaell

rbirge said:

36mo Term. 12k miles/year. Any idea if they have a lower mileage allotment that would drive down monthly cost? This is for my grandmother who only needs about $8k/yr. Currently being quoted (per 36mo/12k):

EX-L
$344/mo - $0 down
$313/mo - $1k down
$283/mo - $2k down

Sport SE
$265 - $0
$235 - $1k
$206 - $2k

Hybrid
$340 - $2k

How is this deal? What would be the best achievable pricing? Thank you!!!

As noted, Honda only offers 10K per year in NJ, NY and CT, it seems.

Hyundai does offer 10K allowance, and the deals are pretty strong on the Sonata, this month.

For the Accord, we would need to know the MSRP and selling price to run the numbers.

And, we suggest grandma only put down the first payment and any DMV costs - add everything else into the lease payment.

jaforrest25

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

brian125

jaforrest25 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

jaforrest25

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

Brian thanks so much. So the following sounds like it would be legit:

$20,999.99 purchase price (+ .045% taxed)
$499.99 Doc Fee (would like to negotiate this)
$599.99 Protection Package (would like to negotiate this)

Total our the door w/tax = $23,042.99

Thoughts?

brian125

Your above deal is not very good anymore with the $1100 dollars dealers taking back . Negotiate more $$$ off or walk. I would tell this dealer if they want your business they need to throw in the BS protection pck $599. leave your number tell dealer you are pursuing other deals with area dealerships without the added protection pck.

Michaell

jaforrest25 said:

brian125 said:

jaforrest25 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.


Brian thanks so much. So the following sounds like it would be legit:

$20,999.99 purchase price (+ .045% taxed)
$499.99 Doc Fee (would like to negotiate this)
$599.99 Protection Package (would like to negotiate this)

Total our the door w/tax = $23,042.99

Thoughts?




I agree with @brian125 - both of those are junk fees to pad the dealer's profit margin. Try to get the pro pack thrown in (as mentioned) and negotiate another $500 off the selling price to offset the doc fee.

rbirge

We finished by taking the Sport SE for $236/mo and $0 down. This did include a trade-in of old 1998 Lexus for $500. I am not sure how we did on the deal, as I'm not sure if I put in the $3300 in available incentives under "Rebates/Down Payment" in my calculation or of that form of incentives is used to reduce the MSRP to the Negotiated SP. Curious to learn for future reference. Also, they quoted .52 as RV, instead of the .51 I found above. Attached is the screenshot of the final terms. Thoughts?

jaforrest25

Michaell said:

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

Brian thanks so much. So the following sounds like it would be legit:

$20,999.99 purchase price (+ .045% taxed)
$499.99 Doc Fee (would like to negotiate this)
$599.99 Protection Package (would like to negotiate this)

Total our the door w/tax = $23,042.99

Thoughts?

I agree with @brian125 - both of those are junk fees to pad the dealer's profit margin. Try to get the pro pack thrown in (as mentioned) and negotiate another $500 off the selling price to offset the doc fee.

Thanks for the feedback.  If I am going to put down 10,000.00 does this give me any more wiggle room or don’t even mention? 

brian125

jaforrest25 said:

Michaell said:

jaforrest25 said:

brian125 said:

jaforrest25 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

Brian thanks so much. So the following sounds like it would be legit:

$20,999.99 purchase price (+ .045% taxed)
$499.99 Doc Fee (would like to negotiate this)
$599.99 Protection Package (would like to negotiate this)

Total our the door w/tax = $23,042.99

Thoughts?




I agree with @brian125 - both of those are junk fees to pad the dealer's profit margin. Try to get the pro pack thrown in (as mentioned) and negotiate another $500 off the selling price to offset the doc fee.

Thanks for the feedback.  If I am going to put down 10,000.00 does this give me any more wiggle room or don’t even mention? 



Yes mention that you'll be financing the vehicle thru dealership. In fact tell all your targeted dealerships this before they give u there final price .

kyfdx

rbirge said:

We finished by taking the Sport SE for $236/mo and $0 down. This did include a trade-in of old 1998 Lexus for $500. I am not sure how we did on the deal, as I'm not sure if I put in the $3300 in available incentives under "Rebates/Down Payment" in my calculation or of that form of incentives is used to reduce the MSRP to the Negotiated SP. Curious to learn for future reference. Also, they quoted .52 as RV, instead of the .51 I found above. Attached is the screenshot of the final terms. Thoughts?

You did really well. 52% is correct residual for Sport SE for 36/12. 51% is for Sport.
The incentives are all dealer cash (I think), so they are just reflected in the lower selling price. Which is good. If they were rebates, they would be taxable.

illipro

Hi is there any info on the different tiers for Honda leases seems like tier 1-3 is .0059. What are the different tiers and what credit is needed. Thanks

Michaell

rbirge said:

We finished by taking the Sport SE for $236/mo and $0 down. This did include a trade-in of old 1998 Lexus for $500. I am not sure how we did on the deal, as I'm not sure if I put in the $3300 in available incentives under "Rebates/Down Payment" in my calculation or of that form of incentives is used to reduce the MSRP to the Negotiated SP. Curious to learn for future reference. Also, they quoted .52 as RV, instead of the .51 I found above. Attached is the screenshot of the final terms. Thoughts?

The $3300 is baked into the discount from MSRP to the "Vehicle Price"

That's a good payment

Michaell

jaforrest25 said:

Michaell said:

jaforrest25 said:

brian125 said:

jaforrest25 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

brian125 said:

Looking to purchase in Oklahoma City area a 2017 Honda Accord Sedan 2.4 L4 Sport. Current MSRP throughout 4-5 dealerships is $26,190.00. Been quoted anywhere from $20,999.00-$21,500.00 of course this price excludes all dealer add ons, fees and taxes. Any idea on what price I need to be looking for?  Thanks!

21k....($3039 below invoice ) puts you right in line with very good pricing for a 2017 model.

Brian thanks so much. So the following sounds like it would be legit:

$20,999.99 purchase price (+ .045% taxed)
$499.99 Doc Fee (would like to negotiate this)
$599.99 Protection Package (would like to negotiate this)

Total our the door w/tax = $23,042.99

Thoughts?




I agree with @brian125 - both of those are junk fees to pad the dealer's profit margin. Try to get the pro pack thrown in (as mentioned) and negotiate another $500 off the selling price to offset the doc fee.

Thanks for the feedback.  If I am going to put down 10,000.00 does this give me any more wiggle room or don’t even mention? 


You do not want to put any money down on a lease - just the first payment and DMV costs.

If the car is stolen or totaled, you would lose that money.

Michaell

illipro said:

Hi is there any info on the different tiers for Honda leases seems like tier 1-3 is .0059. What are the different tiers and what credit is needed. Thanks

.00059 is good for tiers 1-8, then the MF jumps to .00153

illipro

Michaell said:

illipro said:

Hi is there any info on the different tiers for Honda leases seems like tier 1-3 is .0059. What are the different tiers and what credit is needed. Thanks

.00059 is good for tiers 1-8, then the MF jumps to .00153

What credit score would be need for the tiers in Honda finance? Is there any info on that
Thanks again