2018 Honda Accord Lease Deals and Prices

Michaell

cpcassar said:

Does it make a difference how an incentive is applied? Like the $1000 lease cash for Honda?

The $1000 is a dealer incentive, so incorporate it into any offer you make.

kyfdx

lkyacoub said:

What is the residual value and money factor for a 2018 1.5 Sport on a 36 month lease for 15K millage per year? What kind of monthly payment should I be looking for with zero down? Thanks

.00092 MF and 56% residual

Would need the MSRP and selling price to calculate a payment

jocelyng

HONDA ACCORD EX/ so CAL

The dealer quoted 25065 I emailed saying this included aqq. she Emailed back saying it would be payment of 330 per month plus 834 due (1st month plus fees) the fees are like 504. I did the math this seems off. This is what its should be.

I get 312 with taxes no money down

is a electronic fee a real fee? if so how much?


MSRP
28,360.00

Discount Savings
3,890.00

Vehicle Selling Price
24,470.00

Acquisition Fee
595.00

Total Cap
25,065.00

Net Cap
25,065.00

Depreciation payment
247.21

Rent charge: 37.93 using (.00092)

36 Month Payment
312.00 with/taxes

Document Prep Fee
80
License / Title
375 CA

Tire/Battery/VTR Fee
8
Taxes on collected item
7

Rate
0.00092 Annual Miles 12,000

Residual % [28,360]
55+2=57%

Residual Amount
16,165.20


Tax: 9.50% TAX

mikecass2286

Locked up a deal today on a Touring 2.0T for 360 per month.  Just under 2k oop (tax + fees + first month).  This was for 36 months and 10k per year.  MSRP was 36,695 with a selling price of 30,769.  Oh, and I’m located in Central NJ. Hope this helps someone in the area.

jocelyng

mikecass2286 said:

Locked up a deal today on a Touring 2.0T for 360 per month.  Just under 2k oop (tax + fees + first month).  This was for 36 months and 10k per year.  MSRP was 36,695 with a selling price of 30,769.  Oh, and I’m located in Central NJ. Hope this helps someone in the area.

10 k? I thought min was 12. 

jocelyng

Hi everyone. I guess its a weekend break? Question the RV for a honda ex in 91602 is 55%? I was quoted by a deal a value of 57% written like 55% plus 2%. So is it 57 percent in LA? or did they add in 2 percent for some reason?

vehicula

I'm pleased with the deal I recently got on a new 2018 Honda Accord EX 1.5T in the Boston, MA area. Details are:

Residual = 57% ($16,168.05)
Money factor = 0.00092
Monthly payment = $339, on a 36 month/36,000 miles Honda Financial Services lease

The negotiated price for the car ("agreed upon value") was $25,082.66 - that's $942.34 below invoice at the time.

Included in the lease was the acquisition fee, title/registration/inspection, and dealer documentation fees. This, the net capital cost of the lease was $26,249.66.

Only the first month's payment ($339) was due at signing.

kyfdx

jocelyng said:

HONDA ACCORD EX/ so CAL

The dealer quoted 25065 I emailed saying this included aqq. she Emailed back saying it would be payment of 330 per month plus 834 due (1st month plus fees) the fees are like 504. I did the math this seems off. This is what its should be.

I get 312 with taxes no money down

is a electronic fee a real fee? if so how much?


MSRP
28,360.00

Discount Savings
3,890.00

Vehicle Selling Price
24,470.00

Acquisition Fee
595.00

Total Cap
25,065.00

Net Cap
25,065.00

Depreciation payment
247.21

Rent charge: 37.93 using (.00092)

36 Month Payment
312.00 with/taxes

Document Prep Fee
80
License / Title
375 CA

Tire/Battery/VTR Fee
8
Taxes on collected item
7

Rate
0.00092 Annual Miles 12,000

Residual % [28,360]
55+2=57%

Residual Amount
16,165.20


Tax: 9.50% TAX

I agree with your math..
Ask them for the adjusted CAP cost on that deal. You may find that they've added accessories or something to the sale price they quoted.

I think they do charge $20 or $30 for electronic filing in CA.

kyfdx

mikecass2286 said:

Locked up a deal today on a Touring 2.0T for 360 per month.  Just under 2k oop (tax + fees + first month).  This was for 36 months and 10k per year.  MSRP was 36,695 with a selling price of 30,769.  Oh, and I’m located in Central NJ. Hope this helps someone in the area.

Congrats! thanks for sharing your details.

kyfdx

jocelyng said:

Hi everyone. I guess its a weekend break? Question the RV for a honda ex in 91602 is 55%? I was quoted by a deal a value of 57% written like 55% plus 2%. So is it 57 percent in LA? or did they add in 2 percent for some reason?

The base lease residual is for 15K/yr. (55%)
2% higher for 12K/yr, ergo 55%+2%= 57%.

kyfdx

jocelyng said:

mikecass2286 said:

Locked up a deal today on a Touring 2.0T for 360 per month.  Just under 2k oop (tax + fees + first month).  This was for 36 months and 10k per year.  MSRP was 36,695 with a selling price of 30,769.  Oh, and I’m located in Central NJ. Hope this helps someone in the area.

10 k? I thought min was 12. 

In the NY tri-state area, Honda and Toyota offer 10K/yr.

kyfdx

vehicula said:

I'm pleased with the deal I recently got on a new 2018 Honda Accord EX 1.5T in the Boston, MA area. Details are:

Residual = 57% ($16,168.05)
Money factor = 0.00092
Monthly payment = $339, on a 36 month/36,000 miles Honda Financial Services lease

The negotiated price for the car ("agreed upon value") was $25,082.66 - that's $942.34 below invoice at the time.

Included in the lease was the acquisition fee, title/registration/inspection, and dealer documentation fees. This, the net capital cost of the lease was $26,249.66.

Only the first month's payment ($339) was due at signing.

Congrats on the new Accord! Thanks for sharing your deal.

jocelyng

Does anyone know if Honda will pay first payment ? Not defer it. I want to ask. I know Hyundai does sometimes. Let me know if this even makes sense !!! 

kyfdx

jocelyng said:

Does anyone know if Honda will pay first payment ? Not defer it. I want to ask. I know Hyundai does sometimes. Let me know if this even makes sense !!! 

No.. they aren't going to make your first payment.
If they do, it just raises the price somewhere else.

scotbro

Can I have the RV and MF on an EX-L in Northern Virginia zip 22032, 36/12?
Has anyone gotten around 350/mo, no money down on this vehicle, w/ex credit? 
Thanks 

Michaell

scotbro said:

Can I have the RV and MF on an EX-L in Northern Virginia zip 22032, 36/12?
Has anyone gotten around 350/mo, no money down on this vehicle, w/ex credit? 
Thanks 

.00092 and 56%

jocelyng

Hi all. Whats the invoice on the EX in California? KBB has one price the dealer another.

jocelyng

ACCORD EX/ These people aren't budging. Will August be better?  Best so far is 330 per month with tax  and the AQQ rolled into payments . and 834 drive off (1st payment, ca license, tax) another deal was 311 p/m but had to do AQQ part of drive off so like 1400 ! 

Will they be more flexible in a few days like the 28th or should i wait to august 1?

karel76

What is the RV and MF for the 1.5l sport and a 36m/10k lease? Zip 11550 and I'm assuming there are no incentives available?  Thanks in advance

Michaell

jocelyng said:

ACCORD EX/ These people aren't budging. Will August be better?  Best so far is 330 per month with tax  and the AQQ rolled into payments . and 834 drive off (1st payment, ca license, tax) another deal was 311 p/m but had to do AQQ part of drive off so like 1400 ! 

Will they be more flexible in a few days like the 28th or should i wait to august 1?

Wait until you need a car, then start negotiating hard.

There are enough Honda dealers in CA; only takes one to meet your numbers.

No insight on what will happen in August.

jocelyng

Michaell said:

ACCORD EX/ These people aren't budging. Will August be better?  Best so far is 330 per month with tax  and the AQQ rolled into payments . and 834 drive off (1st payment, ca license, tax) another deal was 311 p/m but had to do AQQ part of drive off so like 1400 ! 

Will they be more flexible in a few days like the 28th or should i wait to august 1?

Wait until you need a car, then start negotiating hard. There are enough Honda dealers in CA; only takes one to meet your numbers. No insight on what will happen in August.

Thanks. I actually need one by the 28th lease is up (requested 10 day extension) . Anyone with any recommendations in southern cal please let me know ! Any tips will help

shwin91

Hi,
Can i get the RV, MF and incentives for Accord 1.5T EX-L and EX for 36/12k in PA - 18508

Thank you

kyfdx

jocelyng said:

ACCORD EX/ These people aren't budging. Will August be better?  Best so far is 330 per month with tax  and the AQQ rolled into payments . and 834 drive off (1st payment, ca license, tax) another deal was 311 p/m but had to do AQQ part of drive off so like 1400 ! 

Will they be more flexible in a few days like the 28th or should i wait to august 1?

The Honda programs are scheduled to run through 09/04. Not likely to be any movement in August.

kyfdx

jocelyng said:

Michaell said:

jocelyng said:

ACCORD EX/ These people aren't budging. Will August be better?  Best so far is 330 per month with tax  and the AQQ rolled into payments . and 834 drive off (1st payment, ca license, tax) another deal was 311 p/m but had to do AQQ part of drive off so like 1400 ! 

Will they be more flexible in a few days like the 28th or should i wait to august 1?

Wait until you need a car, then start negotiating hard.

There are enough Honda dealers in CA; only takes one to meet your numbers.

No insight on what will happen in August.

Thanks. I actually need one by the 28th lease is up (requested 10 day extension) . Anyone with any recommendations in southern cal please let me know ! Any tips will help


If you have a price in mind.... Then, make that offer. Tell them they have one chance to meet it, or you are off to the next dealer.

kyfdx

jocelyng said:

Hi all. Whats the invoice on the EX in California? KBB has one price the dealer another.

Don't ask the dealer for their invoice price. It's useless in negotiations.
Offer the price you think is fair, given your research. you don't need to explain it to the dealer.

kyfdx

karel76 said:

What is the RV and MF for the 1.5l sport and a 36m/10k lease? Zip 11550 and I'm assuming there are no incentives available?  Thanks in advance

36/12
.00092 MF and 58% residual
If 10K/yr is available in your area, then 59% residual

No incentives

kyfdx

shwin91 said:

Hi,
Can i get the RV, MF and incentives for Accord 1.5T EX-L and EX for 36/12k in PA - 18508

Thank you

.00092 MF
56%/57% residual for EXL/EX
No incentives

Adrian Delgado

Are dealers more likely to discount a car that has been on the lot for about 7 months? Wouldn’t they want to get rid of it?

Thank you. 

Michaell

adrian56 said:

Are dealers more likely to discount a car that has been on the lot for about 7 months? Wouldn’t they want to get rid of it?

Thank you. 

Yes, older inventory will always be a priority to the dealers to move, so you should be able to make a more aggressive offer.

swolfson

i'm looking to lease a 2018 accord sport. msrp is listed at $24,634. I live in texas. what am i looking at for a monthly payment with the first month down?

kyfdx

swolfson said:

i'm looking to lease a 2018 accord sport. msrp is listed at $24,634. I live in texas. what am i looking at for a monthly payment with the first month down?

We don't track sale prices. If you give us a price, we can calculate the payment

Adrian Delgado

Michaell said:

Are dealers more likely to discount a car that has been on the lot for about 7 months? Wouldn’t they want to get rid of it?

Thank you. 

Yes, older inventory will always be a priority to the dealers to move, so you should be able to make a more aggressive offer.

I know pricing isn’t tracked, but do you think it’s possible to get a an EX for $23.5k? Thank you. 

Michaell

adrian56 said:

Michaell said:

adrian56 said:

Are dealers more likely to discount a car that has been on the lot for about 7 months? Wouldn’t they want to get rid of it?

Thank you. 

Yes, older inventory will always be a priority to the dealers to move, so you should be able to make a more aggressive offer.

I know pricing isn’t tracked, but do you think it’s possible to get a an EX for $23.5k? Thank you. 

There is an active Accord Prices Paid thread; you'll likely get some folks involved who track pricing more thoroughly than us moderators.

https://forums.edmunds.com/discussion/48657/honda/accord/2018-honda-accord-deals-and-prices#latest

ngood1580

May I please have the Residual, MF, and any incentives on a 2018 Accord Sport 1.5T & 2.0T 10AT in zip 34787 for 36/12k or 10k if possible? Thanks!

lkyacoub

I'm looking into leasing an Accord 1.5 or 2.0T Sport or 2.0T Touring whichever I can get the best deal. What are the MF for each and residuals. My zipcode is 91941. Thanks

jocelyng

Guys check this out. This is for a sport. Mind you I came in here with a quoted deal for a ex total 330 per month with tax included and 330 first payment plus 503 fees as drive off. This dealer tried to offer me 421 0 drive off. No way! 

Help me beat this! 

pic below 

jocelyng

jocelyng

Quote on a sport. This is way too much got a quote for a ex for 330 per month with 504 fees plus first payment 

tonyg2016

keyes - where it's FUN to buy a car

not even 1000 below invoice; tell them you need more off msrp for this to be a fun sale!

Michaell

lkyacoub said:

I'm looking into leasing an Accord 1.5 or 2.0T Sport or 2.0T Touring whichever I can get the best deal. What are the MF for each and residuals. My zipcode is 91941. Thanks

36/15
.00092 and 56% (Sport 1.5T or Sport 2.0T) or 52% (Touring)

Michaell

ngood1580 said:

May I please have the Residual, MF, and any incentives on a 2018 Accord Sport 1.5T & 2.0T 10AT in zip 34787 for 36/12k or 10k if possible? Thanks!

.00092 and 56% for 36/12
No 10K allowance from Honda

Michaell

tonyg2016 said:

keyes - where it's FUN to buy a car

not even 1000 below invoice; tell them you need more off msrp for this to be a fun sale!

Yep, certainly room to move on the price.

You can't swing a dead cat in SoCal without hitting a Honda dealer - reach out to as many as you're willing to travel to and get their best price.

jocelyng

Michaell said:

keyes - where it's FUN to buy a car not even 1000 below invoice; tell them you need more off msrp for this to be a fun sale!

Yep, certainly room to move on the price. You can't swing a dead cat in SoCal without hitting a Honda dealer - reach out to as many as you're willing to travel to and get their best price.

What should be my starting point? On selling price 

jocelyng

tonyg2016 said:

keyes - where it's FUN to buy a car not even 1000 below invoice; tell them you need more off msrp for this to be a fun sale!

I will. What is the invoice ? Would 2000 below make sense ? 

Michaell

jocelyng said:

Michaell said:

tonyg2016 said:

keyes - where it's FUN to buy a car

not even 1000 below invoice; tell them you need more off msrp for this to be a fun sale!

Yep, certainly room to move on the price.

You can't swing a dead cat in SoCal without hitting a Honda dealer - reach out to as many as you're willing to travel to and get their best price.

What should be my starting point? On selling price 

We moderators don't track pricing - there is an active Accord Prices Paid thread where you can get expert help. The link was posted 8-10 posts above this.

hqudsi54

Howdy guys, could I please get the money factor, Residual and incentives for MD (21042) for an Accord Sport for 36/12?

Thanks! 

kyfdx

hqudsi54 said:

Howdy guys, could I please get the money factor, Residual and incentives for MD (21042) for an Accord Sport for 36/12?

Thanks! 

.00092 MF
58% residual

No incentives

hqudsi54

Okay. And sorry, just thought of this, but could I please the money factor and residual for 36/12 on an Accord hybrid base?

Thank you!

kyfdx

hqudsi54 said:

Okay. And sorry, just thought of this, but could I please the money factor and residual for 36/12 on an Accord hybrid base?

Thank you!

.00220 MF and 58% residual

jocelyng

Anyone in soCal got near 300 pm on ACCORD SPORT (O down/0 drive off)?!!