Hi darknightx13. Yes, the numbers that you were quoted for the Acura TSX look about right to me. If you were to lease a 2006 Honda Accord Coupe EX-L V6 without navigation through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00076 and 55%, respectively. As you can see this is a lot different than the numbers the dealer that you are working with mentioned. If you were to lease this car with only 12,000 miles per year, its residual value would be 2% higher.

Greetings leivt103. If you were to lease a 2006 Honda Accord LX 4-cylinder Sedan through Honda Finance right now for 24 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00152 and 67%, respectively. I'd be happy to give you an idea of what this car's lease payment should be like using this lease program, but in order for me to do so I need you to tell me its full MSRP and selling price.

Hi binny_l. Let's work up a lease payment on this car for you and see what we come up with. According to my calculations, if you were to lease a 2006 Honda Accord EX 4-cylinder Sedan with an MSRP of $23,950 and a selling price of $20,913 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $257. I used a money factor of .00140 and a residual value of 56% to arrive at this payment. Vehicles' residual values are always based upon a percentage of their full MSRPs, including destination charges and any options that are allowed to be residualized. The rules for calculating sales tax on leased vehicles vary from state to state. You may be able to find out more information on how sales tax is calculated in your area by visiting the following site: California Department of Motor Vehicles.

Hi lmhud. You absolutely can negotiate the selling prices of leased vehicles. Sure Honda is selling tons of cars right now, but they are doing so in part because most dealers are willing to provide decent discounts to consumers. I suggest that you stop by the following discussion to find out approximately how much you should pay for the Accord that you are interested in for your daughter: "Honda Accord: Prices Paid & Buying Experience". Once you know how much you should pay for the car that you want, stop back and let me know along with its MSRP, how long you want to lease it for, and how many miles per year you need to be able to drive it and I will be happy to estimate what your lease payment should be like on it for you using Honda Finance's actual current lease program.

Hey binny. Blane is absolutely right. I always advise consumers against making any sort of down payment when leasing. I do so for two main reasons. The first is if your vehicle is totaled in an accident or stolen during your lease, your insurance company pays off the bank that you were leasing it through and your down payment essentially disappears. The second main reason is that down payments on leased vehicles do nothing to reduce their lease-end purchase prices. So your lease-end purchase option price for your Accord would be exactly the same, regardless of whether you had put $2,000 down, $1,000 down, or had made absolutely no down payment at all.

I think I've read on here that the money factor for an 06 Accord EXV6 w/nav, 12k yr, is .00140 thru January. Should I expect to get this (assuming my credit is A+) or is it common to give a little back? If so, how much over the .00140 should I be willing to go? Thanks.

Decided to get another '06 Accord - this time EXV6 -4Door auto - dealer said lease values change this week...any chance you have the 3 year / 15k miles per year info for this car...what are the residual and the money factors...are they .00076 or .0014 - and also how does it change if I go with the 4cylEX-L (what I now have)...are they any other new incentives to the dealers - cash back, etc. on these cars? seems to be a wide range in pricing

thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

Decided to get another '06 Accord - this time EXV6 -4Door auto - dealer said lease values change this week...any chance you have the 3 year / 15k miles per year info for this car...what are the residual and the money factors...are they .00076 or .0014 - and also how does it change if I go with the 4cylEX-L (what I now have)...are they any other new incentives to the dealers - cash back, etc. on these cars? seems to be a wide range in pricing

thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

Currently have the following lease deal pending: 2006 Honda Accord EX V6 automatic sedan (non-navi), 24 month lease, 12,000 miles per year, $1000 total out of pocket, $346/month (does not include tax). This is on a silver ext./black int. sedan with a $27,300 MSRP (plus $550 destination charge). Is this a decent deal? Thanks.

Can anybody tell me what a good lease rate would be on a 3 year lease on a 4-door Accord EX? I have one payment left on my current 2-door EX @ $285. I was offered $500 down, 12,000 miles year @ $308/month (including my one payment of $285 factored in). Can I do better? Can I get leather or a V6 (LX orEX) for close to the same amount? Please let me know your thoughts.

Do you think it would be possible to get a 2006 Honda Accord Coupe EX V-6 5-Spd AT w/ Nav/ XM Radio for $500 below invoice? I know MSRP is $29,000 and Invoice is $26,455. Will a dealer laugh at a price of $25,955 and not get back to me or is that a good price to go for? A dealer told me today that the Accord coupes are not selling well in my area.

I am looking to put down $500 for a 42 month lease with 12,000 miles per year. I asked a dealer about residual and a money factor with tier 1 credit when I was test driving the car. All they wanted to do was run numbers. I would not allow them to check my credit score and walked out. I want to test all of the numbers out online first.

Car Man, can you please give me the residual on a 2006 Honda Accord Coupe EX V-6 5-Spd AT w/ Nav/ XM Radio for 42 and 36 month leases. Also, could you give me a ballpark monthly payment with $500 down and 12,000 miles per year.

These are the numbers that I have put into the lease calculator on leaseguide. Can you please tell me if these numbers are anywhere close to happening? I have not gone through these numbers with a dealer yet.

I want the "Costs Added To Lease" rolled into the monthly payment. I know that I will pay interest on that amount but that is okay.

MSRP: 29940 Base Cap Cost: 25955 Costs Added To Lease: 1700 Cap Cost Reductions: 500 Adjusted Cap Cost: 27155 Residual Value: 15868 Money Factor: .00192 Term (months): 42 Sales Tax: 8%

Monthly Payment: $351.34 + $28.11 Tax or $379.45 Per Month

Decided to get another '06 Accord - this time EXV6 -4Door auto - dealer said lease values change this week...any chance you have the 3 year / 15k miles per year info for this car...what are the residual and the money factors...are they .00076 or .0014 - and also how does it change if I go with the 4cylEX-L (what I now have)...are they any other new incentives to the dealers - cash back, etc. on these cars? seems to be a wide range in pricing I keep seeing .00076 but dealer said that is not out yet? help...pllllleeeease

thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

I see that on automobiles.honda.com, they are advertising special leases for Accords. Does any one know if this promotion is new? It said that the offers are good through 02/28/06. I wanted to get a sense of if Honda would continue the promotion into March. My current lease expires at the end of March.

I have seen, on other boards, the .00076 MF on Accord Coupes being available since Jan. 11. In addition, honda.com is advertising "special leases" for Accords right now and given the low advertised monthly payments ($289 for an EX V6 auto with $2000 drive off for 36 mos./12K per year lease), it looks like the .00076 MF is in effect now.

I'm not saying this is 100% accurate but this is what I saw posted for 2 years on a different board for LX-V6 sedans:

24 mo/12k mi – Residual Value 62% of MSRP – .00152 Base Money Factor Rate 24 mo/15k mi – Residual Value 61% of MSRP – .00152 Base Money Factor Rate

I would take these figures and run them through a leasing calculator to check the final payment and compare it to what the dealer offers you. Remember that dealers can mark up the MF rates. honda.com offers "certificates" that you can print out and take to the dealer to get the "special leases" and I suppose if the dealer plays dumb and says he does not know what you are talking about, you can show that to them to make them stick to the deal.

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L (V6)

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation (V6)

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation PZEV

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate 36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate 48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate 60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate 36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate 48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

I am hoping somebody can help me. I am looking to lease for the first time and I don't want to get scammed. I have my sights set on a 2006 Accord Sedan LX V-6 w/ automatic trans. Graphite pearl exterior, leather interior. I have $1000 or $2000 to put down. I'd rather put down the lesser payment but I do not want my monthly payments to exceed $300-$325. What tips/advice can you give me to make this happen? Or am i completely off-base? Any help you guys can give is greatly appreciated!!!

I am a newbie, and am trying to make sure I have a couple of the basic concepts down. First, am I correct that Honda, and not the individual dealer, sets the Money Factor and the Residual Value percentage?

Digression: Some posts indicated that the individual dealers increase the MF as a source of profit. Presumably one can deal with this by finding something to back up the .00076 MF. If you make assumptions about the RV and initial purchase price, you can reverse engineer the MF (though that would require something definitive on the RV).

If the MF and RV are set by Honda then the primary factor that distinguishes one dealer's price from another is the initial capital costs (and whatever pin-stripes, knibble tips and cabumba wax jobs they try to throw in). Is that also correct?

Also, what is the best source of "authority" for taking the position with a dealer on what the Honda authorized MR and RV%'s are?

Thanks for the heads up blane. I did read the same, but wont not putting anything down translate into higher monthly payments? In other words is it still feasible to pay in the neighborhood of $320/month with $0 down? I am just fearful that not putting anything down prices me out of the car I want.

you should not put large amounts of money down on a lease. The residual is set at a certain percentage of the MSRP and will not lower your residual, just the payments. If you total the car the next day then that money is lost. Just keep the money. Put it in a savings account that will earn you money. Or like the previous poster stated, just use it to subsidize your monthly payments.

if you go to hondacars.com and click on specials it will tell you about the lease programs for the accord you are looking for

as long as you go to the dealer with that information they can't trick you with anything.

the website says that the ex sedan can be leased for 269 for 36 months with 999 down. this is based on the car being sold for 23,800(which is msrp)most likely they are going to discount the car(we got an ex v6 with nav on sat and they took over 3000 off of the selling price)...so you should be able to come under 308 with no problem

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914thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

14thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

12006 Honda Accord EX V6 automatic sedan (non-navi), 24 month lease, 12,000 miles per year, $1000 total out of pocket, $346/month (does not include tax). This is on a silver ext./black int. sedan with a $27,300 MSRP (plus $550 destination charge). Is this a decent deal? Thanks.

2,697$0 down

MSRP $29850

Selling price $27,000

Thanks.

2,697$0 down

MSRP $25650

Selling price $23100

Thanks.

13I am looking to put down $500 for a 42 month lease with 12,000 miles per year. I asked a dealer about residual and a money factor with tier 1 credit when I was test driving the car. All they wanted to do was run numbers. I would not allow them to check my credit score and walked out. I want to test all of the numbers out online first.

Car Man, can you please give me the residual on a 2006 Honda Accord Coupe EX V-6 5-Spd AT w/ Nav/ XM Radio for 42 and 36 month leases. Also, could you give me a ballpark monthly payment with $500 down and 12,000 miles per year.

Thanks a TON!

3I want the "Costs Added To Lease" rolled into the monthly payment. I know that I will pay interest on that amount but that is okay.

MSRP: 29940

Base Cap Cost: 25955

Costs Added To Lease: 1700

Cap Cost Reductions: 500

Adjusted Cap Cost: 27155

Residual Value: 15868

Money Factor: .00192

Term (months): 42

Sales Tax: 8%

Monthly Payment: $351.34 + $28.11 Tax or $379.45 Per Month

Thanks Car_man!!!!

14I keep seeing .00076 but dealer said that is not out yet? help...pllllleeeease

thanks - you saved me thousands on deal #1 - thank you. please help with deal #2!

7070I have seen, on other boards, the .00076 MF on Accord Coupes being available since Jan. 11. In addition, honda.com is advertising "special leases" for Accords right now and given the low advertised monthly payments ($289 for an EX V6 auto with $2000 drive off for 36 mos./12K per year lease), it looks like the .00076 MF is in effect now.

- A.

2,6977024 mo/12k mi – Residual Value 62% of MSRP – .00152 Base Money Factor Rate

24 mo/15k mi – Residual Value 61% of MSRP – .00152 Base Money Factor Rate

I would take these figures and run them through a leasing calculator to check the final payment and compare it to what the dealer offers you. Remember that dealers can mark up the MF rates. honda.com offers "certificates" that you can print out and take to the dealer to get the "special leases" and I suppose if the dealer plays dumb and says he does not know what you are talking about, you can show that to them to make them stick to the deal.

- A.

2124 and 36 month----12000 and 15000 miles.

Thanks.

324 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L (V6)

24 mo/15k mi – Residual Value 64% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 55% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 45% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 34% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 65% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 57% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 47% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation (V6)

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

2006 Honda Accord 2dr Coupe EX-L w/ Navigation PZEV

24 mo/15k mi – Residual Value 61% of MSRP – .00076 Base Money Factor Rate

36 mo/15k mi – Residual Value 52% of MSRP – .00076 Base Money Factor Rate

48 mo/15k mi – Residual Value 42% of MSRP – .00250 Base Money Factor Rate

60 mo/15k mi – Residual Value 33% of MSRP – .00440 Base Money Factor Rate

24 mo/12k mi – Residual Value 62% of MSRP – .00076 Base Money Factor Rate

36 mo/12k mi – Residual Value 54% of MSRP – .00076 Base Money Factor Rate

48 mo/12k mi – Residual Value 44% of MSRP – .00250 Base Money Factor Rate

4Any help you guys can give is greatly appreciated!!!

2,017mannyyunk,Car_man, the resident expert host here, will advise you not to put any money down. I'd suggest that you read some of his earlier posts.

10I am a newbie, and am trying to make sure I have a couple of the basic concepts down. First, am I correct that Honda, and not the individual dealer, sets the Money Factor and the Residual Value percentage?

Digression: Some posts indicated that the individual dealers increase the MF as a source of profit. Presumably one can deal with this by finding something to back up the .00076 MF. If you make assumptions about the RV and initial purchase price, you can reverse engineer the MF (though that would require something definitive on the RV).

If the MF and RV are set by Honda then the primary factor that distinguishes one dealer's price from another is the initial capital costs (and whatever pin-stripes, knibble tips and cabumba wax jobs they try to throw in). Is that also correct?

Also, what is the best source of "authority" for taking the position with a dealer on what the Honda authorized MR and RV%'s are?

Paul

42,6974,20265On saturday we took delivery of an ex-v6 with navigation with $0 down..our monthly payments are $363 including tax for 36 months 12k miles

we figured out what we should be paying by going to hondacars.com and looking at the advertised specials that Honda is running right now

so..we actually knew the number we would be paying all along while the salesman was going back and forth with the manager

by the way we also got out of an 04 TSX lease 16 months early with a wash..

hopefully this helps

65as long as you go to the dealer with that information they can't trick you with anything.

the website says that the ex sedan can be leased for 269 for 36 months with 999 down. this is based on the car being sold for 23,800(which is msrp)most likely they are going to discount the car(we got an ex v6 with nav on sat and they took over 3000 off of the selling price)...so you should be able to come under 308 with no problem