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2017 Honda Accord Lease Deals and Prices

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Comments

  • amgpow247amgpow247 Member Posts: 15
    Any new deals / offers for this month? Accord Sports SE ND
  • kyfdxkyfdx Moderator Posts: 260,751
    amgpow247 said:

    Any new deals / offers for this month? Accord Sports SE ND

    Honda numbers carried over from November.

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  • jmangajmanga Member Posts: 15
    Thank you guys for all the great info you provide us.

    My dad made a deal today on a 2017 SPORT SE cvt today at DCH in NJ

    1200 total down including NY tax plus MV fees
    250 pr/mo 36 months
    10k miles (i didn't think 10k was an option through Honda finacial but they said it was )

    I think this was fair
  • MichaellMichaell Moderator Posts: 258,917
    jmanga said:

    Thank you guys for all the great info you provide us.

    My dad made a deal today on a 2017 SPORT SE cvt today at DCH in NJ

    1200 total down including NY tax plus MV fees
    250 pr/mo 36 months
    10k miles (i didn't think 10k was an option through Honda finacial but they said it was )

    I think this was fair

    Congrats - looks like a solid deal.

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  • tk900tk900 Member Posts: 43
    edited December 2016
    Hello,
    This is the quote I have from one of the dealer. Does this make sense? This is after several back n forth over email for negotiating selling price.

    Any way I can reduce it further? I will be paying $2397 drive off amount upfront.

    Dealer immediately agree on this....anything I should worry about?

    2017 Honda accord LX CVT automatic

    1.MSRP:23990
    2.Sale Price: 18595
    3.acquisition fee:595
    4.miles per year: 15000
    5. Term: 33 months
    6. Residual : 56%  (considering 33 months)
    7. Money factor: 0.00045
    8.doc fee : 299
    9. License n registration: 209
    10. Tax: 6%. ( State MD)



    Monthly Payment (incl. tax): $173

    Drive Off: $2,397 this includes 
    (First month's payment incl. tax: $173
    Down payment: $0
    Registration and doc fee: $508
    Acquisition fee: $595
    Tax on the sales price: $1,121)
  • MichaellMichaell Moderator Posts: 258,917
    tk900 said:

    Hello,
    This is the quote I have from one of the dealer. Does this make sense? This is after several back n forth over email for negotiating selling price.

    Any way I can reduce it further? I will be paying $2397 drive off amount upfront.

    Dealer immediately agree on this....anything I should worry about?

    2017 Honda accord LX CVT automatic

    1.MSRP:23990
    2.Sale Price: 18595
    3.acquisition fee:595
    4.miles per year: 15000
    5. Term: 33 months
    6. Residual : 56%  (considering 33 months)
    7. Money factor: 0.00045
    8.doc fee : 299
    9. License n registration: 209
    10. Tax: 6%. ( State MD)



    Monthly Payment (incl. tax): $173

    Drive Off: $2,397 this includes 
    (First month's payment incl. tax: $173
    Down payment: $0
    Registration and doc fee: $508
    Acquisition fee: $595
    Tax on the sales price: $1,121)
    I'm within a couple of dollars of that quote - pretty substantial discount from sticker.

    However, I'd recommend cutting the down payment down to the registration and first month only (total:$681) and have a monthly payment of roughly $224/mo.

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  • tk900tk900 Member Posts: 43
    Thanks Michaell.i am trying to get further reduction in selling price if not then will pull a trigger on this deal. 
  • tk900tk900 Member Posts: 43
    Any lease cash/incentives available on 2017 Honda accord LX CVT automatic?
  • kyfdxkyfdx Moderator Posts: 260,751
    tk900 said:

    Any lease cash/incentives available on 2017 Honda accord LX CVT automatic?

    $1000 dealer cash + $500 Bonus lease cash

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  • shand32783shand32783 Member Posts: 76
    Will you please share the MF/Residual and incentives for a 2017 Accord Sport SE 12K/36M and 15K/36M lease offer in the 98405 zip? Thanks!
  • MichaellMichaell Moderator Posts: 258,917

    Will you please share the MF/Residual and incentives for a 2017 Accord Sport SE 12K/36M and 15K/36M lease offer in the 98405 zip? Thanks!

    57% / 55% and .00045.

    $1000 dealer cash + $500 Bonus lease cash

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  • clownstrikeclownstrike Member Posts: 82
    edited December 2016
    Hi - If you have them, please share lease residual & MF for 2017 Accord Hybrid EX-L, 36m/15k in Boston area, and any incentives you're aware of. Thank you! -- Tim
  • clownstrikeclownstrike Member Posts: 82
    Please also quote 36m/15k for 2017 Accord Hybrid Touring. Thanks again! -- Tim
  • kyfdxkyfdx Moderator Posts: 260,751

    Hi - If you have them, please share lease residual & MF for 2017 Accord Hybrid EX-L, 36m/15k in Boston area, and any incentives you're aware of. Thank you! -- Tim

    .00045 MF and 53% residual.
    $1000 dealer cash + $500 bonus lease cash

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  • kyfdxkyfdx Moderator Posts: 260,751

    Please also quote 36m/15k for 2017 Accord Hybrid Touring. Thanks again! -- Tim

    .00045 MF and 48% residual.
    $1250 dealer cash + $750 bonus lease cash

    There may be some additional incentives on the Hybrid, but not sure the amount or the requirements.

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  • jcny2181jcny2181 Member Posts: 11
    Can i have the residual value and money factor for 17' Accord Ex L V6 and Touring V6
    for NYC 36/12k as well as an lease cash available Thank You.
  • kyfdxkyfdx Moderator Posts: 260,751
    jcny2181 said:

    Can i have the residual value and money factor for 17' Accord Ex L V6 and Touring V6
    for NYC 36/12k as well as an lease cash available Thank You.

    .00045 MF. $1000 dealer cash + $500 bonus lease cash
    54%/52%/50% residual for EXLV6/EXLV6NAV/Touring

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  • jcny2181jcny2181 Member Posts: 11
    thank you very much I would like to see what the 17' Accord Ex-L and Touring 4cyl residual value and money factor is now to compare thank you again
  • kyfdxkyfdx Moderator Posts: 260,751
    jcny2181 said:

    thank you very much I would like to see what the 17' Accord Ex-L and Touring 4cyl residual value and money factor is now to compare thank you again

    There is no Touring model for the 4-cylinder
    55%/53% residual for EXL/EXLNAV for 36/12.
    All other numbers are the same.

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  • car_rookiecar_rookie Member Posts: 20
    I'm a car leasing rookie and rather than sort this out myself I'm looking for some guidance. What would be considered a good deal on the below?

    2017 Accord EXL
    36 mo lease
    10 or 12 k miles
    19333 zip code (pa)

    Putting some feelers out to local dealers, but your expertise would be greatly apprecaited.

    I also need to get rid of a 2006 Honda Civic, but understand from previous comments that I should never make that a part of my lease negotiation. Is that correct?
  • MichaellMichaell Moderator Posts: 258,917

    I'm a car leasing rookie and rather than sort this out myself I'm looking for some guidance. What would be considered a good deal on the below?

    2017 Accord EXL
    36 mo lease
    10 or 12 k miles
    19333 zip code (pa)

    Putting some feelers out to local dealers, but your expertise would be greatly apprecaited.

    I also need to get rid of a 2006 Honda Civic, but understand from previous comments that I should never make that a part of my lease negotiation. Is that correct?

    .00045 and 55% for 36/12. No 10K allowance from Honda.

    $1000 lease cash and $500 bonus lease cash.

    Need to know the MSRP and negotiated price in order to model a payment.

    How much equity is in the Civic?

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  • car_rookiecar_rookie Member Posts: 20
    Thanks Michaell and waiting for detailed quotes from dealers thanks to info on this forum on what to request.

    Civic is 100% debt free. KBB values anywhere from $2,700 to $3,500k possibly on trade in.
  • car_rookiecar_rookie Member Posts: 20
    Here is initial response from one dealer

    MSRP - $29,655
    Sale price - $24,200
    36/12 k
    $569 out of pocket
    Residual .56 = $16,606.80
    Disposition =$350
    36 x $299 including pa tax


  • MichaellMichaell Moderator Posts: 258,917

    Thanks Michaell and waiting for detailed quotes from dealers thanks to info on this forum on what to request.

    Civic is 100% debt free. KBB values anywhere from $2,700 to $3,500k possibly on trade in.

    Head over hear for another opinion on the value of the Civic:

    https://forums.edmunds.com/discussion/1212/general/x/real-world-trade-in-values

    Suggest you use what you need to cover the up front costs of the lease, then have the dealer cut you a check for the balance.

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  • MichaellMichaell Moderator Posts: 258,917

    Here is initial response from one dealer

    MSRP - $29,655
    Sale price - $24,200
    36/12 k
    $569 out of pocket
    Residual .56 = $16,606.80
    Disposition =$350
    36 x $299 including pa tax

    What trim level is this? Dealer cannot alter the residual value.

    Get the adjusted cap cost from the dealer - if higher than the sale price (and I'm certain it is), find out what's been added.

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  • car_rookiecar_rookie Member Posts: 20
    Let me start by saying I'm not just going to list out every offer I get for comments. What I'm hoping for is a benchmark on what items I can negotiate to achieve the best deal.

    2017 Accord EXL (area code 19333)
    36mo/12k
    MSRP - $26,555
    Sales Price - $24,531 (what is realistic in todays market) (I know its dealer dependent)
    Out of Pocket - $600 (includes first month, tax (6%), tags, and docs $135)
    Residual - .55 or $16,310.25
    Acquisition Fee - $595

    Monthly - $286.43 (includes tax)

    Any benchmarks or guidance you can provide on achievable sale price and other items to negotiate would be greatly appreciated.

    Thanks
  • kyfdxkyfdx Moderator Posts: 260,751

    Let me start by saying I'm not just going to list out every offer I get for comments. What I'm hoping for is a benchmark on what items I can negotiate to achieve the best deal.

    2017 Accord EXL (area code 19333)
    36mo/12k
    MSRP - $26,555
    Sales Price - $24,531 (what is realistic in todays market) (I know its dealer dependent)
    Out of Pocket - $600 (includes first month, tax (6%), tags, and docs $135)
    Residual - .55 or $16,310.25
    Acquisition Fee - $595

    Monthly - $286.43 (includes tax)

    Any benchmarks or guidance you can provide on achievable sale price and other items to negotiate would be greatly appreciated.

    Thanks

    There is $1000 dealer cash + $500 bonus lease cash on this model. I'm guessing you can do a lot better on the sales price.

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  • car_rookiecar_rookie Member Posts: 20
    My apologies there was a typo in my last example: MSRP is $29,655

    2017 Accord EXL (area code 19333)
    36mo/12k
    MSRP - $29,655
    Sales Price - $24,531 (what is realistic in todays market) (I know its dealer dependent)
    Out of Pocket - $600 (includes first month, tax (6%), tags, and docs $135)
    Residual - .55 or $16,310.25
    Acquisition Fee - $595

    Monthly - $286.43 (includes tax)

    Working on trying to get sale price around $23,500 which would get monthly cost right around $250
  • MichaellMichaell Moderator Posts: 258,917

    My apologies there was a typo in my last example: MSRP is $29,655

    2017 Accord EXL (area code 19333)
    36mo/12k
    MSRP - $29,655
    Sales Price - $24,531 (what is realistic in todays market) (I know its dealer dependent)
    Out of Pocket - $600 (includes first month, tax (6%), tags, and docs $135)
    Residual - .55 or $16,310.25
    Acquisition Fee - $595

    Monthly - $286.43 (includes tax)

    Working on trying to get sale price around $23,500 which would get monthly cost right around $250

    .00045 MF, with the rest of your numbers, gives me a payment of $247/mo before tax.

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  • schneid32schneid32 Member Posts: 17
    Hey folks - I'm shopping for a 2017 Accord Sport SE. I'm in Western NY 14127. Curious what you guys think of the offer presented to me:

    MSRP - $27,050.00
    Selling Price - $23,950.00
    36mo / 12k
    Residual - 57%
    MF - 0.00045

    Trade In - $19,000.00
    Rollover - $1,000.00

    Dealer is asking $355 / month with $0 down, no money out of pocket other than the registration fee ($20). How does this look? Thanks for the help!
  • kyfdxkyfdx Moderator Posts: 260,751
    schneid32 said:

    Hey folks - I'm shopping for a 2017 Accord Sport SE. I'm in Western NY 14127. Curious what you guys think of the offer presented to me:

    MSRP - $27,050.00
    Selling Price - $23,950.00
    36mo / 12k
    Residual - 57%
    MF - 0.00045

    Trade In - $19,000.00
    Rollover - $1,000.00

    Dealer is asking $355 / month with $0 down, no money out of pocket other than the registration fee ($20). How does this look? Thanks for the help!

    So, you have $1000 negative equity?
    +$595 acq.fee
    + $1000 tax?
    + 200 DMV/doc fees?
    + $355 first payment?
    Adding $3150 to the $23950 sale price = $27,100 adjusted CAP.
    I get $344/mo.

    Ask for the actual adjusted CAP cost.

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  • tx78681tx78681 Member Posts: 4
    Michaell- Thanks for the info on the Passat. Out of curiosity, why are target prices discussed in this forum but not in the Passat lease forum?
    Now leaning towards the Accord Sport SE Should I use 16-18% below MSRP (with destination) as a target for a Texas CVT model?
    Should I consider the new $1000 dealer + 500 bonus on top of this number?
    What would money factor be for 15k for 24 and 36 month?
    Acquisition fee of $595 is a national fee, correct?
    Thanks...John in DFW.
  • MichaellMichaell Moderator Posts: 258,917
    tx78681 said:

    Michaell- Thanks for the info on the Passat. Out of curiosity, why are target prices discussed in this forum but not in the Passat lease forum?
    Now leaning towards the Accord Sport SE Should I use 16-18% below MSRP (with destination) as a target for a Texas CVT model?
    Should I consider the new $1000 dealer + 500 bonus on top of this number?
    What would money factor be for 15k for 24 and 36 month?
    Acquisition fee of $595 is a national fee, correct?
    Thanks...John in DFW.

    There is more data on Accord pricing than Passat pricing; can't explain why.

    My guess is any dealer price you get will already include the incentive money

    Acquisition fee is national.

    Same MF for all terms.

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  • tx78681tx78681 Member Posts: 4
    Michaell ColoradoPosts: 40,240
    12:44AM
    tx78681 said:
    Michaell- Thanks for the info on the Passat. Out of curiosity, why are target prices discussed in this forum but not in the Passat lease forum?
    Now leaning towards the Accord Sport SE Should I use 16-18% below MSRP (with destination) as a target for a Texas CVT model?
    Should I consider the new $1000 dealer + 500 bonus on top of this number?
    What would money factor be for 15k for 24 and 36 month?
    Acquisition fee of $595 is a national fee, correct?
    Thanks...John in DFW.

    There is more data on Accord pricing than Passat pricing; can't explain why.
    My guess is any dealer price you get will already include the incentive money
    Acquisition fee is national.
    Same MF for all terms.



    What would my residuals be for 75034 (24m and 36m with 15k miles)?

    If you are a recent DFW buyer out there, that has recently purchased a similar model, I would appreciate some info on price paid...Thanks to all.
  • MichaellMichaell Moderator Posts: 258,917
    tx78681 said:

    Michaell ColoradoPosts: 40,240
    12:44AM
    tx78681 said:
    Michaell- Thanks for the info on the Passat. Out of curiosity, why are target prices discussed in this forum but not in the Passat lease forum?
    Now leaning towards the Accord Sport SE Should I use 16-18% below MSRP (with destination) as a target for a Texas CVT model?
    Should I consider the new $1000 dealer + 500 bonus on top of this number?
    What would money factor be for 15k for 24 and 36 month?
    Acquisition fee of $595 is a national fee, correct?
    Thanks...John in DFW.

    There is more data on Accord pricing than Passat pricing; can't explain why.
    My guess is any dealer price you get will already include the incentive money
    Acquisition fee is national.
    Same MF for all terms.



    What would my residuals be for 75034 (24m and 36m with 15k miles)?

    If you are a recent DFW buyer out there, that has recently purchased a similar model, I would appreciate some info on price paid...Thanks to all.

    62% or 55%

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  • akel210akel210 Member Posts: 17
    edited December 2016
    Hi could you please provide MF, RV and Incentives for 2017 Accord EX:
    MF, RV, 12/36
    MF, RV, 10/36

    if vales are different for w/ sensing option please let me know.
    Thank you!
  • MichaellMichaell Moderator Posts: 258,917
    akel210 said:

    Hi could you please provide MF, RV and Incentives for 2017 Accord EX:
    MF, RV, 12/36
    MF, RV, 10/36

    if vales are different for w/ sensing option please let me know.
    Thank you!

    Honda does not offer a 10K allowance.

    56% and .00045.

    $1000 dealer cash and $500 bonus lease cash.

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  • car_rookiecar_rookie Member Posts: 20
    How does the below deal look for Eastern PA?

    2017 Accord Sport SE (36 mo/12 k yr)
    MSRP - $27,050
    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap
    Out of Pocket - $506.08(first month payment tax and tags)
    Residual - $15,418.5
    Monthly - $235.93(incl tax)

    Thanks
  • MichaellMichaell Moderator Posts: 258,917

    How does the below deal look for Eastern PA?

    2017 Accord Sport SE (36 mo/12 k yr)
    MSRP - $27,050
    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap
    Out of Pocket - $506.08(first month payment tax and tags)
    Residual - $15,418.5
    Monthly - $235.93(incl tax)

    Thanks

    Spot on, to the penny, assuming 9% sales tax.

    If you're comfortable with the selling price, you're good to go.

    Lot of car for the money. Should have held out instead of leasing my Jetta back in August.

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  • car_rookiecar_rookie Member Posts: 20
    Might have overlooked the red stitching on the Sport SE (wife not excited about that), so here is the counter I have on the 2017 Accord EX, Eastern PA with 9% sales tax

    2017 Accord EX (36 mo/12 k yr)

    MSRP - $27,215

    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap

    Residual - $15,324

    Monthly - $238.74 (incl tax) ($219.02 and 19.71 tax)

    Expecting the out of pocket to be close to $506.08 (first month payment tax and tags)

    Overall seems to be a pretty solid deal.. do your numbers agree?
  • MichaellMichaell Moderator Posts: 258,917

    Might have overlooked the red stitching on the Sport SE (wife not excited about that), so here is the counter I have on the 2017 Accord EX, Eastern PA with 9% sales tax

    2017 Accord EX (36 mo/12 k yr)

    MSRP - $27,215

    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap

    Residual - $15,324

    Monthly - $238.74 (incl tax) ($219.02 and 19.71 tax)

    Expecting the out of pocket to be close to $506.08 (first month payment tax and tags)

    Overall seems to be a pretty solid deal.. do your numbers agree?

    Looks good.

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  • car_rookiecar_rookie Member Posts: 20
    2017 Accord EX MSRP - $27,215 or $27,365?
    Dealer just tried to correct my quote as I thought it was $27,215.

    Thoughts?
  • MichaellMichaell Moderator Posts: 258,917

    2017 Accord EX MSRP - $27,215 or $27,365?
    Dealer just tried to correct my quote as I thought it was $27,215.

    Thoughts?

    Use the "make / model / year" pull downs to link to the price tools. We don't track pricing.

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  • car_rookiecar_rookie Member Posts: 20
    Thanks for everyones's help, here is what I ended up with.

    2017 Accord EX (36 mo/12 k yr)

    MSRP - $27,365

    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap

    Residual - $15,598 (57%)

    Monthly - $230.59 (incl tax) - ($211.55 +19.04)

    Out of pocket - $506 (first month payment tax and tags)

    Thanks again
  • tonyg2016tonyg2016 Member Posts: 737
    Excellent deal for a lease rookie! Nice bait-n-switch over the "red stitching" on the Sport.

    For comparison, the weymouth price on that model is 244 + tax so you did very well.
  • MichaellMichaell Moderator Posts: 258,917

    Thanks for everyones's help, here is what I ended up with.

    2017 Accord EX (36 mo/12 k yr)

    MSRP - $27,365

    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap

    Residual - $15,598 (57%)

    Monthly - $230.59 (incl tax) - ($211.55 +19.04)

    Out of pocket - $506 (first month payment tax and tags)

    Thanks again

    Congrats! Nice deal. Enjoy the new car!

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  • isureshisuresh Member Posts: 12

    Thanks for everyones's help, here is what I ended up with.

    2017 Accord EX (36 mo/12 k yr)

    MSRP - $27,365

    Sales Price - $22,000(+595 acq cost) or $22,595 gross cap

    Residual - $15,598 (57%)

    Monthly - $230.59 (incl tax) - ($211.55 +19.04)

    Out of pocket - $506 (first month payment tax and tags)

    Thanks again

    Very good deal. Do you mind sharing the dealership(sales guy) details?
  • sievingsieving Member Posts: 5
    edited December 2016
    Please post 2017 Accord Touring lease MF, residual, and known incentives for 36m/15K terms. I'm in TN.

    Also, does Honda allow MSDs to reduce MF?

    Thanks
  • kyfdxkyfdx Moderator Posts: 260,751
    sieving said:

    Please post 2017 Accord Touring lease MF, residual, and known incentives for 36m/15K terms. I'm in TN.

    Also, does Honda allow MSDs to reduce MF?

    Thanks

    .00045 MF and 48% residual.
    $1000 dealer cash + $500 bonus lease cash.

    No MSD program.

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  • adamarusyaadamarusya Member Posts: 3
    edited December 2016
    Hello,

    I just got 2017 Honda Accord EX lease for $295 a month (18,000 miles a year for 36 months). $295 is out of the door (after sales tax of 6%). Truly $0 due at signing.

    Could you help me figure out if I got a good deal or should have squeezed another $10-20 out of them?

    Thank you!
    Ada
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