2018 Honda Accord Lease Deals and Prices

tsinoy

philla215 said:

Current offer of $365/mth for 36mths/12kmi on a Sport 2.0 with no money down. MF .00128 and RV of 60% Cap Cost $27,950. This is in Atlanta. Thoughts?

Was $365/mo sign and drive - all fees and taxes included?

rkelly17

What would the MF/Residual be on a Touring 2.0 36/15K in Pittsburgh PA? Thank you

sdouc99

I pulled the trigger on an EX, 36/12k. $291/month + tax. $0 down with only first payment due at signing. 
Thanks moderators for all your help. 

28firefighter

sdouc99 said:

I pulled the trigger on an EX, 36/12k. $291/month + tax. $0 down with only first payment due at signing. 
Thanks moderators for all your help. 

What was the MSRP and sale price? Seems like a decent deal on a car that isn't leasing especially well.

sdouc99

28firefighter said:

I pulled the trigger on an EX, 36/12k. $291/month + tax. $0 down with only first payment due at signing. 
Thanks moderators for all your help. 

What was the MSRP and sale price? Seems like a decent deal on a car that isn't leasing especially well.

MSRP $28360
”Selling price” $24500 (including doc fee)

But when you have a trade-in you never really know what the selling price is. 
Even though the dealer said my ‘15 Accord has no equity and they are going to give it back to Honda (ya right) and the contracts don’t list a trade in, it probably had an effect on the selling price. It was well under mileage and in good shape. 

reidconnly

Can you tell me the May lease incentives in MN for the Accord? MF, residual and any lease cash. Probably an EX or Sport? Thank you.

Michaell

rkelly17 said:

What would the MF/Residual be on a Touring 2.0 36/15K in Pittsburgh PA? Thank you

.00110 and 53%

Michaell

sdouc99 said:

I pulled the trigger on an EX, 36/12k. $291/month + tax. $0 down with only first payment due at signing. 
Thanks moderators for all your help. 

Congrats! Enjoy your new Accord.

Michaell

reidconnly said:

Can you tell me the May lease incentives in MN for the Accord? MF, residual and any lease cash. Probably an EX or Sport? Thank you.

36/15

.00110 and 56% (EX) or 57% (Sport)

tga01

Hi,
Thanks for the lease info on the 2018 Accord EX in NJ.

Can you also tell me if there are any incentives, lease cash etc. that are available right now ?

Thanks again !

kyfdx

tga01 said:

Hi,
Thanks for the lease info on the 2018 Accord EX in NJ.

Can you also tell me if there are any incentives, lease cash etc. that are available right now ?

Thanks again !

No incentives

philla215

Can you please tell me the MF and RV for a Sport 2.0 36mth/12kmi in Atlanta(30326)?

cpcassar

Just got following quote from Honda dealer in south florida for Accord Sport 2.0T lease 36/12:

$381 a month including tax with 0 due at signing
$334 a month including tax with $1463 due at inception

Inception includes:

First Month $334
Tag /Taxes Assuming New Tag
Registration
Acquisition Fee $595

MSRP: $31200
Sale Price: $26800

Michaell

philla215 said:

Can you please tell me the MF and RV for a Sport 2.0 36mth/12kmi in Atlanta(30326)?

.00110 and 59%

Michaell

cpcassar said:

Just got following quote from Honda dealer in south florida for Accord Sport 2.0T lease 36/12:

$381 a month including tax with 0 due at signing
$334 a month including tax with $1463 due at inception

Inception includes:

First Month $334
Tag /Taxes Assuming New Tag
Registration
Acquisition Fee $595

MSRP: $31200
Sale Price: $26800

.00110 and 59%

With those prices, I get $283/mo plus tax.

Ask the dealer what the adjusted cap cost is for those quotes, and how they arrived at that number from the selling price.

28firefighter

My guess is there is an $800 Florida standard doc fee rolled in there...

Michaell

28firefighter said:

My guess is there is an $800 Florida standard doc fee rolled in there...

Give or take $100, I would think

cpcassar

$899 doc fee I forgot to mention.. do the numbers make sense now?

kyfdx

cpcassar said:

$899 doc fee I forgot to mention.. do the numbers make sense now?

Yes... what do you get for that $899?

28firefighter

@michaell wins.

cpcassar

you get a document!! lol

kyfdx

cpcassar said:

you get a document!! lol

I'll fax you a document for free.. tell them you have your own, and to take $900 off that deal.

Michaell

kyfdx said:

cpcassar said:

you get a document!! lol

I'll fax you a document for free.. tell them you have your own, and to take $900 off that deal.

Don't you believe in .pdf files and email?

Fax .... how quaint.

But, the point still stands. That's a lot of money for essentially nothing.

28firefighter

What is this "fax" you speak of?

cpcassar

is that doc fee negotiable?

tonyg2016

doc fee is part of sell price and yes, it's negotiable. In FL, it isn't easy as they lowball the base price and then bend you over on the doc fee. The real sell price is the sum of those 2 items.

ref:
https://www.edmunds.com/car-buying/what-fees-should-you-pay.html#chart

slolankan

whats the MF/RV for Sport / EX / Touring for 24/36 12k miles for So Cal? Any rebates / incentives? Month of May

Thanks!

Michaell

slolankan said:

whats the MF/RV for Sport / EX / Touring for 24/36 12k miles for So Cal? Any rebates / incentives? Month of May

Thanks!

.00110 and 65% / 59% (Sport), 64% / 58% (EX) or 61% / 55% (Touring)
No incentives

amickey

sebek75 said:

sdouc99 said:

jjcostello said:

I’ve been watching this board for a while hoping the lease numbers would get better. My lease is now up so I have to make a move, and it doesn’t seem to gotten any better. So I need to make a decision, get the accord or try something else (and pay the $350 turn in charge - which is such nonesense). I was just given the following on a EX-L 2.0 NonNav: vehicle price $29,470, $1,344 down, $695 acquisition, $338 doc, etc. fees, and 8% sales tax. Coming to $394/mo for 39 months. Thoughts?

Ouch
I feel your pain. I’m in the same boat. My lease is up this month and I have been watching and hoping the numbers would be better this month. I was kind of surprised they are not. 
Have you considered extending your current lease? I called HFS last night to get info on that. You can extend 1-12 months. It’s a simple process, especially if you extend 6 months or less, there isn’t even any paperwork, just a phone call to HSF. 
I might extend until July which is when the current programs end and reevaluate then. I could even extend it again then. 

That is exactly what I am doing. I called HFS and you can extend your current lease up to 12 months but only twice. For example you can extend it for 6 months and then again for another 6 or you can do 12 from scratch. Or you can do 3 months and then 3 and so on.  You don’t have to keep your car for 6 or 12 months. As soon as you get good deal on new car you just call them back and tell them that you get new car and they will end your current lease right away

Thanks for the idea.
Do I have to be under my total original mileage (3x12k/year) or I get dinged if I go over under the extension?

pintsize83

whats residual and MF for accord hybrid EXL 36m/20k miles? and 24m/20k miles? yeah, i drive a lot. thanks. northern california 95037

novemberman76

Hello, can you tell me the MF and Residual for a 36month/10000mile lease in Las Vegas Nevada? Thanks so much!

sebek75

amickey said:

sdouc99 said:

jjcostello said:

I’ve been watching this board for a while hoping the lease numbers would get better. My lease is now up so I have to make a move, and it doesn’t seem to gotten any better. So I need to make a decision, get the accord or try something else (and pay the $350 turn in charge - which is such nonesense). I was just given the following on a EX-L 2.0 NonNav: vehicle price $29,470, $1,344 down, $695 acquisition, $338 doc, etc. fees, and 8% sales tax. Coming to $394/mo for 39 months. Thoughts?

Ouch
I feel your pain. I’m in the same boat. My lease is up this month and I have been watching and hoping the numbers would be better this month. I was kind of surprised they are not. 
Have you considered extending your current lease? I called HFS last night to get info on that. You can extend 1-12 months. It’s a simple process, especially if you extend 6 months or less, there isn’t even any paperwork, just a phone call to HSF. 
I might extend until July which is when the current programs end and reevaluate then. I could even extend it again then. 

That is exactly what I am doing. I called HFS and you can extend your current lease up to 12 months but only twice. For example you can extend it for 6 months and then again for another 6 or you can do 12 from scratch. Or you can do 3 months and then 3 and so on.  You don’t have to keep your car for 6 or 12 months. As soon as you get good deal on new car you just call them back and tell them that you get new car and they will end your current lease right away

Thanks for the idea. Do I have to be under my total original mileage (3x12k/year) or I get dinged if I go over under the extension?

No you don’t have to be under your mileage. In your case since you have 12K miles a year you will receive 1K miles a month

santima85

Could you please give me the Money Factor/ Residual for a 2018 Accord Hybrid Touring in Honolulu, HI - 10,000 miles for 36 months.  Thank you.

kyfdx

pintsize83 said:

whats residual and MF for accord hybrid EXL 36m/20k miles? and 24m/20k miles? yeah, i drive a lot. thanks. northern california 95037

We don't have residual info for allowances above 15K/yr

.00220 MF
62%/55% residual for 24/36 mo, 15K/yr

kyfdx

novemberman76 said:

Hello, can you tell me the MF and Residual for a 36month/10000mile lease in Las Vegas Nevada? Thanks so much!

What trim?

kyfdx

santima85 said:

Could you please give me the Money Factor/ Residual for a 2018 Accord Hybrid Touring in Honolulu, HI - 10,000 miles for 36 months.  Thank you.

.00220 MF and 55% residual for 36/12
Honda doesn't offer 10K/yr

novemberman76

Me:  Hello, can you tell me the MF and Residual for a 36month/10000mile lease in Las Vegas Nevada? Thanks so much!

Kyfdx:  What trim?

Me: sorry about that! The 2018 sport 2.0t auto

kyfdx

novemberman76 said:

Me:  Hello, can you tell me the MF and Residual for a 36month/10000mile lease in Las Vegas Nevada? Thanks so much!

Kyfdx:  What trim?

Me: sorry about that! The 2018 sport 2.0t auto
36/12 - Honda doesn't offer 10K
.00110 MF and 59% residual

sandman378

Hi, could you provide the MF/residual for an EX-L 36mo/12k and 15K + any incentives for Broward/Miami-Dade 33027?

Thanks!

carshopper321

Hi, being offered 18 Touring 2.0 for 27months/18k for 530 (nj tax in payment) with $1400 out the door (first month, bank and doc fee). Sale price is 32000 including destination.  Is this a good sale price and overall deal?  Thanks!

autofan10

Hi. Looking for lease MF, Residual and incentives for Accord Sport CVT and Accord EX for 36 months 12k miles per year. Thank you

bluemkn57cars

carshopper321 said:

Hi, being offered 18 Touring 2.0 for 27months/18k for 530 (nj tax in payment) with $1400 out the door (first month, bank and doc fee). Sale price is 32000 including destination.  Is this a good sale price and overall deal?  Thanks!

$530 is extremely high for a $36.7k car. This is luxury car payment (Audi, Acura, BMW, Cadillac, Infiniti, Jaguar, Lexus, Mercedes, Volvo, etc...). 

The MSRP of the '18 Touring 2.0T is $36,690. Invoice is $33,618. Your sale price is about $1618 below invoice before doc fees. If your doc fees are high, then your deal is not that great. 

I would counter the dealer's offer with at least $2k below invoice before doc fees. Have you tried reaching out to other Honda dealers in your area? Where are you located?

You drive 18k miles per year? Why not just buy this car instead of leasing it. You can finance it for 1.9% up to 36 months. 

Good luck pricing out another Accord Touring 2.0 T. If I were spending at least $500 per month on a lease with only $1400 down, I would be looking at a luxury brand, German preferably. 

I hope my feedback helps. Not trying to offend anyone, just being honest.

sebek75

bluemkn57cars said:

carshopper321 said:

Hi, being offered 18 Touring 2.0 for 27months/18k for 530 (nj tax in payment) with $1400 out the door (first month, bank and doc fee). Sale price is 32000 including destination.  Is this a good sale price and overall deal?  Thanks!

$530 is extremely high for a $36.7k car. This is luxury car payment (Audi, Acura, BMW, Cadillac, Infiniti, Jaguar, Lexus, Mercedes, Volvo, etc...). 

The MSRP of the '18 Touring 2.0T is $36,690. Invoice is $33,618. Your sale price is about $1618 below invoice before doc fees. If your doc fees are high, then your deal is not that great. 

I would counter the dealer's offer with at least $2k below invoice before doc fees. Have you tried reaching out to other Honda dealers in your area? Where are you located?

You drive 18k miles per year? Why not just buy this car instead of leasing it. You can finance it for 1.9% up to 36 months. 

Good luck pricing out another Accord Touring 2.0 T. If I were spending at least $500 per month on a lease with only $1400 down, I would be looking at a luxury brand, German preferably. 

I hope my feedback helps. Not trying to offend anyone, just being honest.

I agree with you 100% !

Michaell

sandman378 said:

Hi, could you provide the MF/residual for an EX-L 36mo/12k and 15K + any incentives for Broward/Miami-Dade 33027?

Thanks!

.00110 and 55% for 36/15
Add 2% for 12K

Michaell

carshopper321 said:

Hi, being offered 18 Touring 2.0 for 27months/18k for 530 (nj tax in payment) with $1400 out the door (first month, bank and doc fee). Sale price is 32000 including destination.  Is this a good sale price and overall deal?  Thanks!

As has been noted, that is a very big payment for a Honda. And, the 27 month term isn't helping.

.00110 and 59% for 27/15; not sure how Honda addresses the extra miles, but it will certainly lower your residual, and raise your payment.

The moderators don't track pricing, so we can't tell you what's possible, price-wise.

Michaell

autofan10 said:

Hi. Looking for lease MF, Residual and incentives for Accord Sport CVT and Accord EX for 36 months 12k miles per year. Thank you

.00110 and 59% (Sport) or 58% (EX)
No lease incentives

captainmarino

Hi, I'm looking to lease a 2018 Accord EX-L 1.5L in the capital region of NY (12208). I've got the following quote:

Price = invoice
Residual = 0.55
$3500 down to cover taxes, fees, and first month (taxes = 8%)
15k mi/yr
36 months

I'm trying to check over the math and was wondering what kind of MF should I be getting (since it wasn't directly quoted). Also, what do you think of the deal and is there any way to chop even a little more off of the monthly payment?

Thanks in advance.

kyfdx

captainmarino said:

Hi, I'm looking to lease a 2018 Accord EX-L 1.5L in the capital region of NY (12208). I've got the following quote:

Price = invoice
Residual = 0.55
$3500 down to cover taxes, fees, and first month (taxes = 8%)
15k mi/yr
36 months

I'm trying to check over the math and was wondering what kind of MF should I be getting (since it wasn't directly quoted). Also, what do you think of the deal and is there any way to chop even a little more off of the monthly payment?

Thanks in advance.

If it's a Honda Finance lease, the money factor is .00110.

What monthly payment?

Michaell

captainmarino said:

Hi, I'm looking to lease a 2018 Accord EX-L 1.5L in the capital region of NY (12208). I've got the following quote:

Price = invoice
Residual = 0.55
$3500 down to cover taxes, fees, and first month (taxes = 8%)
15k mi/yr
36 months

I'm trying to check over the math and was wondering what kind of MF should I be getting (since it wasn't directly quoted). Also, what do you think of the deal and is there any way to chop even a little more off of the monthly payment?

Thanks in advance.

.00110 and 55%
$3500 seems like a lot for the up front costs -- can you get the dealer to provide you with an itemization?

Also, what is invoice? There is a pretty active Accord Prices Paid thread here and folks are starting to see below invoice pricing.

carshopper321

bluemkn57cars said:

carshopper321 said:

Hi, being offered 18 Touring 2.0 for 27months/18k for 530 (nj tax in payment) with $1400 out the door (first month, bank and doc fee). Sale price is 32000 including destination.  Is this a good sale price and overall deal?  Thanks!

$530 is extremely high for a $36.7k car. This is luxury car payment (Audi, Acura, BMW, Cadillac, Infiniti, Jaguar, Lexus, Mercedes, Volvo, etc...). 

The MSRP of the '18 Touring 2.0T is $36,690. Invoice is $33,618. Your sale price is about $1618 below invoice before doc fees. If your doc fees are high, then your deal is not that great. 

I would counter the dealer's offer with at least $2k below invoice before doc fees. Have you tried reaching out to other Honda dealers in your area? Where are you located?

You drive 18k miles per year? Why not just buy this car instead of leasing it. You can finance it for 1.9% up to 36 months. 

Good luck pricing out another Accord Touring 2.0 T. If I were spending at least $500 per month on a lease with only $1400 down, I would be looking at a luxury brand, German preferably. 

I hope my feedback helps. Not trying to offend anyone, just being honest.

Don’t disagree with anything you said, but since I only lease, and never for more than 2 years and always with at least 18k in miles, all those cars you listed come out to well over 700 with same terms ( I priced with dealerships and lease brokers). 

The doc fee is 500, so I did go back with another 500 off negotiated price and waiting to hear back.  

Thanks  all