2013 and earlier-Honda Accord Lease Questions

ncnyawker

Car man,

Can you post the December Accord EX and EX-L Sedan lease rates and residuals?

Thanks!

ansari

I leased HONDA ACCORD EX-L V4 2.4 2011 for
$ 320.00 including illinois sales tax ; 36 months and 15000 miles/yr
Breakdown is as follow

Gross : 27176.53
Capital cost : 25996.53
Residual : 15738.80
Depreciation : 10257.73
Rent Chrages : 1263.00

Money down + fees + acquisition + license/doc fee/registeration fee + first month payment = $ 1000.00

Dealer added $ 500.00 incentive cash .

Do you guys think 320.00 is good price including illinois sales tax and 15 k miles/yr???

manu219

I am getting ready to do this deal this week. Can any of you check and see if it looks ok. My other dealer is telling me that this is a balloon lease because money factory is low. I checked with the company and they are stating that it is not. Cant decide.

2011 Honda Accord EX-L

36 Month Lease - 15K miles/year

$305.96/month

Trade in Value for existing car: $13,625

Money Down: $305.96 for first month payment + $1611.56 to payoff the existing car (Payoff - Tradein)

Total Money Down: $1917.52

Lease Details

MSRP: 28,105

Price: 25,082

Money Factor: 0.00020

Residual: $15,738

Current Car Payoff: $15,236.56

What am i missing??

delta737h

Manu219,

You have quite a bit missing such as sales tax rate and state. It also appears that items like AHFC's $595 doc fee is being capitalized in the lease. I have no idea whether your 305.96 payment includes taxes or not. You may want to take a look at the sample lease proposal at

www.autoleasegeek.com

to get a feel for the flow of a lease and all relevant data necessary to compute lease payments. You’ll also find some helpful articles about the basics of leasing. Questions? Please email me at

autoleasegeek@zoominternet.net

Regards,

John

ansari

I had my leased EXL V4 yesterady . I ended up paying $ 320.00/ month for 36 month 15 K /yr ; including Illinois taxes ; $ 1000.00 for lease acquisition, doc, registration and first payment. Ask Dealer ship to give $ 500 incentive cash . Try to Get your money down to $ 1000.00

manu219

Thanks . one a side note, i know someone with the last name ansari. Aziz Ansari. Real funny guy. http://en.wikipedia.org/wiki/Aziz_Ansari

check him out..

I dont think I can get the dealer any further down. I was just thrown off by a low money factor. Just wanted to find out form you all if that is a common practice for dealers to change the money factor way down and increase the price on the car to match a payment. Thats all..

billocsmith

Hi,

Hoping someone can tell me if this is a good deal.

Leasing 2011 accord v6 EX-L, 36 month lease 12k miles
total price $24,869, residual 17,202, mf 0.00074, monthly $281 +tax
zero down, zero fee, zero out the door.

Thanks

CarMan@Edmunds

Hi obiwan1. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX 4-cylinder with 15,000 miles per year are .00084 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

This program is only scheduled for another couple of days. Please feel free to check back with me later in the week for an update.

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CarMan@Edmunds

Hi nom2. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX 4-cylinder with 12,000 miles per year are .00084 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

The numbers for an otherwise identical lease of an '11 Accord Sedan EX-L 4-cylinder are .00084 and 58%.

As I mentioned in the previous post, this lease program is only scheduled to run through January 4th.

Car_man
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CarMan@Edmunds

Greetings bobbyrutgers. Through January 4th, Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan SE with 15,000 miles per year are .00084 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

Car_man
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CarMan@Edmunds

Hello ncnyawker. Please see my previous posts for the information that you're looking for.

Car_man
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arijac

just leased a honda accord ex-l 2011 lease 36 month 12K per year for 232. per month with tax,title, dmv from garden state honda ask for john baratta, tell him mason says hi

mash04

WHAT DOES ANYONE THINK OF AN ACCORD EXL LEASE 4CL FOR 389.OO/MO. 15000 MILES 36 MOS. LEASE INCLUDES SALES TAX OF 7% 1ST PAYMENT DRIVE AWAY. NO $ DOWN. THANKS TO ALL

manu219

Mash
Just picked up a Silver Accord 11 EXL 36 months lease 15k miles, $306/month including tax, 1st month payment down. I thought it was not a bad deal.

mash04

Wow did you have a trade

eric1973

Car Man..
Do you have the January residuals and MF for Accord Crosstour Ex-L with Nav and 4WD (MSRP $37,120) ?? I am interested in a 36 month lease with 12k or 15k/yr. Thanks!!

CarMan@Edmunds

I certainly do, eric1973. Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Crosstour EX-L 4WD with Navigation and 15,000 miles per year are .00123 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

Honda finance's residual value for a lease with only 12,000 miles per year is 2% higher.

When negotiating your lease on this vehicle, make sure to take advantage of the $750 dealer cash that is currently available on it.

Car_man
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tborah1

car_man,

do you have the rate and residual for 2011 accord coupe ex-l 36months...thx

david04081962

Hi Sir,
If you don't mind me asking, was that $232/mo. with no money down?
Thanks,
David

seantx

carman,

Could you tell me what the current buy money factor and residual % for a 2011 Accord EX-L V6 without NAV is in the Houston, TX area? This would be for a 3 year lease 15K miles/year.

Thank you!

spsviggen99

Carman,
Can you please provide the MF and Residual for a 2011 Accord EX-l V6 with navigation for 24 month and 36 month 15k per year

Also if you can let me know what the over mileage penalty is as well

types12

What's the best deal you've seen for a 2011 Accord SE in Maryland? In December, I was quoted 250/month and zero out of pocket other than first month's payment. However, I'm not getting as many responses this month.

I really don't want to put ANY money upfront - and this includes tax/tags/freight etc.

So let's have it, what are you guys/gals seeing out there? Thanks!

CarMan@Edmunds

Hi tborah1. Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Coupe EX-L 4-cylinder with 15,000 miles per year are .00123 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

When negotiating your lease on this car, make sure to take advantage of the $750 cash incentive that is currently available on it.

Car_man
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CarMan@Edmunds

I'd be happy to help you out, seantx.

Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX-L V6 without Navigation and 15,000 miles per year are .00123 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

When negotiating your lease on this car, make sure to take advantage of the $750 dealer cash that is currently available on it.

Car_man
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CarMan@Edmunds

Hi spsviggen99. Honda Finance's January buy rate lease money factor and residual value for a 24 month lease of a 2011 Accord Sedan EX-L V6 with Navigation and 15,000 miles per year are .00123 and 59%, respectively for consumers who qualify for its "Super Preferred" credit tier.

The numbers for an otherwise identical 36 month lease are .00123 and 52%.

Make sure to take the $750 dealer cash that's available on this car into account in your negotiations.

Car_man
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andy60320

Hi, can you let me know how do you get this price

leasewizard

The deal is over! Was at Hamilton Honda during time of posting.

LW

dandydan9

The deal as advertised was for something like 24 vehicles.
I suspect the dealership "ran out" five minutes before the
ad was published.

It was a typical teaser deal to get people in the door and then upsell them since the advertiased deal was "sold out".

hockeyguy1721

Hi Carman,

Do you have the numbers for a V6 Coupe w/nav? Looking at 36 months 12k per year. Also- possibly buying two cars so looking at numbers on a 4 doors Civic LXS also- same terms.

Thanks!

CarMan@Edmunds

Hi hockeyguy1721. Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Coupe EX-L V6 with 12,000 miles per year are .00123 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

Honda is currently providing a $750 cash incentive on leases of this car.

The numbers for an otherwise identical lease of a 2011 Civic Sedan LX-S are .00076 and 60%.

Honda is providing $1,000 dealer cash on the 2011 Civic right now.

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adfreak

Hi CarMan,

Do you have the Jan. residual and MF information for the 2011 Accord Sedan EX-L with and without Navigation, as well as the EX-L V6 with Navigation? I'm looking at a 36 month / 12K mile agreement.

Thanks!

CarMan@Edmunds

Here's the information that you're looking for, adfreak.

Honda Finance's January buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX-L 4-cylinder without Navigation with 12,000 miles per year are .00068 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

The money factor for this car with navigation is the same, but its residual value would drop by 2%.

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jaxs1

2011 Honda Accord LX-P 4-door sedan
MSRP $23730, selling price $20,370
$0 down, 24 months and 24,000 miles. Northern California.

chipc1

Was offered this deal in the boston area today.

2011 Accord EX
229/mo 12k year for 36 months
doc fee of 290 and first month due at signing.

I like it but all the 2011 EX's have the wood trim. It's a deal breaker for me.

whacked

Hi Car_man,

Do you have Honda's current MF/Residual for a 2011 Accord Sedan EX, both 4 Cyl and 6 Cyl numbers?

Thanks a lot as always, much appreciated.

Michael

msmaclav

Hi Car_Man,

Can you please tell me the current MF/Residual for a 2011 Accord Sedan EX-L V6 for 36 months for both 12K and 15K miles/year? I have looked back through some of the past posts and it looks like you said .00123 MF and I saw a 54% residual for both mileages, but that can't be right?

Thanks,
-Mike

whacked

Sorry, I meant for 12K/36 months. Thanks.

CarMan@Edmunds

Hi whacked. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX 4-cylinder with 15,000 miles per year are .00068 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

The numbers for an otherwise identical lease of an Accord Sedan EX V6 are .00123 and 56%.

When negotiating your lease on these cars make sure to take advantage of the $750 dealer cash that is currently available on them.

Car_man
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CarMan@Edmunds

Hi Mike. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2011 Accord Sedan EX-L V6 with 15,000 miles per year are .00123 and 54%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

The residual value for a lease with only 12,000 miles per year is 2% higher.

Car_man
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CarMan@Edmunds

Hey whacked. Honda Finance's residual values for leases with only 12,000 miles per year are 2% higher than its 15,000 mile per year residuals.

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ginterhelsig

Car_man, where do you get all this information? I'm in the market for a 24 month lease, but am not set on a specific car - I'd like to compare MF and residuals of different manufacturers and models for 24mo/10K leases. Where can I quickly find this information?

thandamilk

Looks like we're in the market for the same thing. Would you mind PMing me if you find any more info on 24 month leases at 10k miles or less? I'll do the same. Hopefully we can both find good deals.

jaxs1

Doesn't the LX-P have the same seat adjustment range as the LX except the LX-P has power control switches instead of manual knobs and levers?
The main advantage I see of the power seat is that it's easier to change the position when you have 2 different drivers of different sizes and need to frequently adjust the seat between each driver.
I don't see how the seat using power instead of manual control to change position would make it any more comfortable once you adjust the seat to where you want it.

leasewizard

http://www.hamiltonhonda.net/specials/incentives.htm

ginterhelsig

I will. So far I have the RES and MF for 4 BMW models. Am looking for 2 more HYUNDAI and BUICK.

I created a nice spreadsheet for myself that calculates total lease cost based on RES and MF, RETAIL price and CAP. I just need to plug in the numbers.

leasewizard

Lease is for 24 month / 12000 miles per year lease.

Payment is 169.00. Your total out of pocket is $1573.15 this covers everything, your first month payment, taxes, doc fee, mv fees, and bank acq fee of $595.00

ginterhelsig

LeaseWizard, what's the MF (money factor) and the residual on that lease?

thandamilk

Do you happen to know the residual and MF on that deal? Wondering if there is fine print such as X dollar "loyalty" discount factored into this lease price to lure one into the dealership only to find out you don't qualify. Can't really read the Ad clearly.

Thanks.

queens_cars

Anyone get in on that Hamilton Honda deal? Any catches?

I wish I would've checked sooner and saw this. Unfortunately today is Sunday and they are closed. I'll pop by my local Honda dealer in Woodside, Queens and see if they will match it.

thandamilk

Paragon Honda? I was thinking of heading over there too but it is quite some ways from me. Would really appreciate it if you would report back on what they say about matching the Hamilton deal.