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Car Buying Advice - '17 Accord Sport Lease Payments???

pacopericopacoperico Posts: 5
edited July 2017 in Honda
Hi All,

I just got a '17 Accord Sport in a 36 month lease, but after taking it home and thinking I did great negotiating the price, now I;m having 2nd thoughts. So I need someone with more experience at this to tell me whether I got ripped off or not, and if so appears I did horrible or overpaying by too much, how do I get out of it :(

Lease with: Honda Financial Services
State: FL
Term: 36 months
Mileage: 12K/year
MSRP: 22955$
Additional packages: 5000$ waived of wear and tear at lease end = 755$
Complete Choice Service: Mechanical Protection Plan (MPP) = 870$
Monthly Payments: 319.74$

I'd appreciate any responses, this is driving me nuts. I just need to know and accept the facts or look for solutions. Apparently Honda Financial Services has a very difficult and expensive Early Termination Penalties or Process, so any input that at least gives me an idea of where I'm standing will be appreciated.

Thanks in advance,

Paco

Answers

  • kyfdxkyfdx Posts: 171,132

    Hi All,

    I just got a '17 Accord Sport in a 36 month lease, but after taking it home and thinking I did great negotiating the price, now I;m having 2nd thoughts. So I need someone with more experience at this to tell me whether I got ripped off or not, and if so appears I did horrible or overpaying by too much, how do I get out of it :(

    Lease with: Honda Financial Services
    State: FL
    Term: 36 months
    Mileage: 12K/year
    MSRP: 22955$
    Additional packages: 5000$ waived of wear and tear at lease end = 755$
    Complete Choice Service: Mechanical Protection Plan (MPP) = 870$
    Monthly Payments: 319.74$

    I'd appreciate any responses, this is driving me nuts. I just need to know and accept the facts or look for solutions. Apparently Honda Financial Services has a very difficult and expensive Early Termination Penalties or Process, so any input that at least gives me an idea of where I'm standing will be appreciated.

    Thanks in advance,

    Paco

    Welcome to Buyer's Remorse!! ;)

    Every lease is expensive to get out of early.. So, just put that though out of your head.
    I woudn't have paid for $1600 of extras (that adds about $50/mo. to your payment), but other than that, your deal looks fine.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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