2018 Honda Accord Lease Deals and Prices

kyfdx

wizards391 said:

Hello,

Could I please get the MF and residuals for the following in 20152? Also if any lease incentives?

36/10k & 36/12k
1.5 Touring

36/10k & 36/12k
2.0 Touring

Thanks!

36/12
.00092 MF and 52% residual
$2400 / $400 incentive for 1.5 / 2.0

wizards391

kyfdx said:

wizards391 said:

Hello,

Could I please get the MF and residuals for the following in 20152? Also if any lease incentives?

36/10k & 36/12k
1.5 Touring

36/10k & 36/12k
2.0 Touring

Thanks!

36/12
.00092 MF and 52% residual
$2400 / $400 incentive for 1.5 / 2.0

Thanks! Could you also give me the numbers for 36/10?

kirkhilles1

Could someone help me explain this: "Touring 1.5: 50%. $2400". So, 50% residual is pretty awful especially against some of the other numbers I've seen for other areas BUT that $2400 sounds nice. What IS that $2400? Is that some secret money that goes to the dealer for leasing that is not advertised to me? How do you work this to your advantage? Do you mention it or just use it as a negotiating tool?

kyfdx

wizards391 said:

kyfdx said:

wizards391 said:

Hello,

Could I please get the MF and residuals for the following in 20152? Also if any lease incentives?

36/10k & 36/12k
1.5 Touring

36/10k & 36/12k
2.0 Touring

Thanks!

36/12
.00092 MF and 52% residual
$2400 / $400 incentive for 1.5 / 2.0

Thanks! Could you also give me the numbers for 36/10?

Honda does not offer 10K/yr

kyfdx

kirkhilles1 said:

Could someone help me explain this: "Touring 1.5: 50%. $2400". So, 50% residual is pretty awful especially against some of the other numbers I've seen for other areas BUT that $2400 sounds nice. What IS that $2400? Is that some secret money that goes to the dealer for leasing that is not advertised to me? How do you work this to your advantage? Do you mention it or just use it as a negotiating tool?

Is that some secret money that goes to the dealer for leasing that is not advertised to me?

Yes...

Now when they offer that $3000 discount, you'll know that isn't very good.

kirkhilles1

kyfdx said:

kirkhilles1 said:

Could someone help me explain this: "Touring 1.5: 50%. $2400". So, 50% residual is pretty awful especially against some of the other numbers I've seen for other areas BUT that $2400 sounds nice. What IS that $2400? Is that some secret money that goes to the dealer for leasing that is not advertised to me? How do you work this to your advantage? Do you mention it or just use it as a negotiating tool?

Is that some secret money that goes to the dealer for leasing that is not advertised to me?

Yes...

Now when they offer that $3000 discount, you'll know that isn't very good.

So, my Dealer has fixed prices posted on their website. The $2400 would be for LEASING ONLY, correct, so I should expect an even further reduction, right?

kyfdx

kirkhilles1 said:

kyfdx said:

kirkhilles1 said:

Could someone help me explain this: "Touring 1.5: 50%. $2400". So, 50% residual is pretty awful especially against some of the other numbers I've seen for other areas BUT that $2400 sounds nice. What IS that $2400? Is that some secret money that goes to the dealer for leasing that is not advertised to me? How do you work this to your advantage? Do you mention it or just use it as a negotiating tool?

Is that some secret money that goes to the dealer for leasing that is not advertised to me?

Yes...

Now when they offer that $3000 discount, you'll know that isn't very good.

So, my Dealer has fixed prices posted on their website. The $2400 would be for LEASING ONLY, correct, so I should expect an even further reduction, right?

$2000 of it is a general incentive, for lease or finance
Only $400 of it is lease specific.

kirkhilles1

kyfdx said:

kirkhilles1 said:

kyfdx said:

kirkhilles1 said:

Could someone help me explain this: "Touring 1.5: 50%. $2400". So, 50% residual is pretty awful especially against some of the other numbers I've seen for other areas BUT that $2400 sounds nice. What IS that $2400? Is that some secret money that goes to the dealer for leasing that is not advertised to me? How do you work this to your advantage? Do you mention it or just use it as a negotiating tool?

Is that some secret money that goes to the dealer for leasing that is not advertised to me?

Yes...

Now when they offer that $3000 discount, you'll know that isn't very good.

So, my Dealer has fixed prices posted on their website. The $2400 would be for LEASING ONLY, correct, so I should expect an even further reduction, right?

$2000 of it is a general incentive, for lease or finance
Only $400 of it is lease specific.

Ah okay, thanks!

kirkhilles1

The varying Residual just doesn't make sense to me though. So the residual is 54% for an LX. BUT, if I use the Honda Lease Deals and put in my Zip Code, it says that the option to purchase at end is $13,700 and it says the MSRP is $24,465 which would equal 56% (13700/242465 = 0.5599983). What am I missing?

Michaell

kirkhilles1 said:

The varying Residual just doesn't make sense to me though. So the residual is 54% for an LX. BUT, if I use the Honda Lease Deals and put in my Zip Code, it says that the option to purchase at end is $13,700 and it says the MSRP is $24,465 which would equal 56% (13700/242465 = 0.5599983). What am I missing?

Is that MSRP with or without the destination charge?

The residual is always calculated against the full MSRP - the bottom number of the factory window sticker.

And, it's never a decimal value.

The residual is fixed by Honda Finance.

andrewcilento

What would the residual value/money factor be on an EX in ZIP code 37076? 12K miles a year, and however many months the lease program runs for is fine.

Michaell

andrewcilento said:

What would the residual value/money factor be on an EX in ZIP code 37076? 12K miles a year, and however many months the lease program runs for is fine.

36/12
.00092 and 55%
$400 lease cash

andrewcilento

Thanks Michaell! One more... 2018 EX-L 1.5L, same ZIP code and terms?

kyfdx

andrewcilento said:

Thanks Michaell! One more... 2018 EX-L 1.5L, same ZIP code and terms?

54% residual.
$1400 incentive

hgwell?

Does anyone actually post their monthly lease payments? All I saw were requests for rates.

Anyway, is $299 + tax a decent monthly payment for a 1.5 Touring Accord? $1999 down includes all fees. I don't have a selling price. It's just one of those weekend sales. $299 for a $34,000 car sounds fair. I suppose if I were to roll the $1999 into the payment it would be around $360 + tax (no money down) for a $34,000 vehicle.

kyfdx

hgwell? said:

Does anyone actually post their monthly lease payments? All I saw were requests for rates.

Anyway, is $299 + tax a decent monthly payment for a 1.5 Touring Accord? $1999 down includes all fees. I don't have a selling price. It's just one of those weekend sales. $299 for a $34,000 car sounds fair. I suppose if I were to roll the $1999 into the payment it would be around $360 + tax (no money down) for a $34,000 vehicle.

Is that the national Honda ad, or a local dealer?

chadfromftown

Is there a 2019 threat yet? 

Michaell

chadfromftown said:

Is there a 2019 threat yet? 

Right here:

https://forums.edmunds.com/discussion/53077/honda/accord/2019-honda-accord-lease-deals-and-prices#latest

Zkmetz1

Could I get the MF/RV/incentives for an 18 Accord EX in 23464.  36/12 and 36/10

Michaell

Zkmetz1 said:

Could I get the MF/RV/incentives for an 18 Accord EX in 23464.  36/12 and 36/10

36/12
.00092 and 55%
$400 lease cash

10K not available

Zkmetz1

Michaell said:

Could I get the MF/RV/incentives for an 18 Accord EX in 23464.  36/12 and 36/10

36/12 .00092 and 55% $400 lease cash 10K not available

Thanks! Could I see the EX-L w/Navi as well? Sounds like they are leasing well also.

Michaell

Zkmetz1 said:

Michaell said:

Zkmetz1 said:

Could I get the MF/RV/incentives for an 18 Accord EX in 23464.  36/12 and 36/10

36/12
.00092 and 55%
$400 lease cash

10K not available

Thanks! Could I see the EX-L w/Navi as well? Sounds like they are leasing well also.

Zkmetz1 said:

Michaell said:

Zkmetz1 said:

Could I get the MF/RV/incentives for an 18 Accord EX in 23464.  36/12 and 36/10

36/12
.00092 and 55%
$400 lease cash

10K not available

Thanks! Could I see the EX-L w/Navi as well? Sounds like they are leasing well also.

53% for EX-L Nav
But, $2400 lease cash

Crownedjules

What do you think about this deal on a 2018 Accord EX-L 2.0t w/Navi?

**MSRP: $33,860

**Selling Price: $27,833.70 + $595 Acqusition Fee = $28,428.70 Total Cap Cost

**Monthly Payment: $330.00 w/tax

**Cash Due at Signing:$1,000 Customer Cash + $1,500 Dealer Flex Cash

**Adjusted Cap Cost: $27,437.58

**Months: 36
**Annual Mileage: 12,000
**MF: 0.00092
**Residual: 53%

kyfdx

Crownedjules said:

What do you think about this deal on a 2018 Accord EX-L 2.0t w/Navi?

**MSRP: $33,860

**Selling Price: $27,833.70 + $595 Acqusition Fee = $28,428.70 Total Cap Cost

**Monthly Payment: $330.00 w/tax

**Cash Due at Signing:$1,000 Customer Cash + $1,500 Dealer Flex Cash

**Adjusted Cap Cost: $27,437.58

**Months: 36
**Annual Mileage: 12,000
**MF: 0.00092
**Residual: 53%

What state?

Crownedjules

kyfdx said:

What do you think about this deal on a 2018 Accord EX-L 2.0t w/Navi?

**MSRP: $33,860

**Selling Price: $27,833.70 + $595 Acqusition Fee = $28,428.70 Total Cap Cost

**Monthly Payment: $330.00 w/tax

**Cash Due at Signing:$1,000 Customer Cash + $1,500 Dealer Flex Cash

**Adjusted Cap Cost: $27,437.58

**Months: 36
**Annual Mileage: 12,000
**MF: 0.00092
**Residual: 53%

What state?

Arizona 

Daekwan

Incentives for 20721 MD (or VA). DC area.

Thanks!

Michaell

Daekwan said:

Incentives for 20721 MD (or VA). DC area.

Thanks!

Need to know what trim you are interested in.

Lease term and miles per year would also help.

kyfdx

Crownedjules said:

kyfdx said:

Crownedjules said:

What do you think about this deal on a 2018 Accord EX-L 2.0t w/Navi?

**MSRP: $33,860

**Selling Price: $27,833.70 + $595 Acqusition Fee = $28,428.70 Total Cap Cost

**Monthly Payment: $330.00 w/tax

**Cash Due at Signing:$1,000 Customer Cash + $1,500 Dealer Flex Cash

**Adjusted Cap Cost: $27,437.58

**Months: 36
**Annual Mileage: 12,000
**MF: 0.00092
**Residual: 53%

What state?

Arizona 

Just $1000 out of your pocket at lease signing?
$330/mo. includes sales tax?

If so, that's a great deal.

ThomasWJames

Here is my deal would like an opinion if it was a good one or not...
2018 Honda Accord EX-L 1.5T in New Jersey 07060

36 Months/15,000 Miles
MSRP: 30,860
Agreed: 26,464.95
Taxes: 874.98
Acq. Fee: 595
Gross Cap: 27,915.25
Adjusted Cap: 27,040.27
Residual: 16,047.20
Depreciation: 10,993.07
Rent Charge: 1,426.93
Total of Base Pay: 12,420.00

I put a total of 1845 down which included first payment and took care of dmv, doc, etc. leaving 874.98 for the cap cost reduction.

Monthly Payment: $345

Oh I also had 2 more payments on my old car of 334 which I assume they took care of or bought the car outright.

Is this a fair market lease? Did I do good lol. Thanks.

Michaell

ThomasWJames said:

Here is my deal would like an opinion if it was a good one or not...
2018 Honda Accord EX-L 1.5T in New Jersey 07060

36 Months/15,000 Miles
MSRP: 30,860
Agreed: 26,464.95
Taxes: 874.98
Acq. Fee: 595
Gross Cap: 27,915.25
Adjusted Cap: 27,040.27
Residual: 16,047.20
Depreciation: 10,993.07
Rent Charge: 1,426.93
Total of Base Pay: 12,420.00

I put a total of 1845 down which included first payment and took care of dmv, doc, etc. leaving 874.98 for the cap cost reduction.

Monthly Payment: $345

Oh I also had 2 more payments on my old car of 334 which I assume they took care of or bought the car outright.

Is this a fair market lease? Did I do good lol. Thanks.

Looks like a decent deal.

Congrats, and enjoy!

dskny330

Looking for MF and Residual for 2018 Accord Hybrid Touring. 36/10, 36/12, 39/10 and 39/12. Thanks!

dskny330

dskny330 said:

Looking for MF and Residual for 2018 Accord Hybrid Touring. 36/10, 36/12, 39/10 and 39/12. Thanks!

Zip code 11797

Michaell

dskny330 said:

dskny330 said:

Looking for MF and Residual for 2018 Accord Hybrid Touring. 36/10, 36/12, 39/10 and 39/12. Thanks!

Zip code 11797

No 10K from Honda

.00240 and 52% (36/12) or 50% (39/12)

Crownedjules

kyfdx said:

kyfdx said:

What do you think about this deal on a 2018 Accord EX-L 2.0t w/Navi?

**MSRP: $33,860

**Selling Price: $27,833.70 + $595 Acqusition Fee = $28,428.70 Total Cap Cost

**Monthly Payment: $330.00 w/tax

**Cash Due at Signing:$1,000 Customer Cash + $1,500 Dealer Flex Cash

**Adjusted Cap Cost: $27,437.58

**Months: 36
**Annual Mileage: 12,000
**MF: 0.00092
**Residual: 53%

What state?

Arizona 

Just $1000 out of your pocket at lease signing? $330/mo. includes sales tax? If so, that's a great deal.

Yep, just 1k due at signing and 330 including taxes. Thanks for the feedback!!

ckat916

No. CA fees for EX and Sport 2.0?
Thanks 

sanegreddy

My local dealer keeps mentioning something of almost $1,500 in "lease start up fees". Does this sound accurate? I've never heard of such a thing, if so I'd imagine it would be a few hundred dollars, not almost $1,500! In 33619 if it matters.

Thanks!

ThomasWJames

sanegreddy said:

My local dealer keeps mentioning something of almost $1,500 in "lease start up fees". Does this sound accurate? I've never heard of such a thing, if so I'd imagine it would be a few hundred dollars, not almost $1,500! In 33619 if it matters. Thanks!

I’m no expert but here in NJ one dealer has the following:

$499 Doc fee (negotiable of course...and the highest I’ve ever seen in my life!). The dealer never takes it off the contract paper...in fact in the old days it used to be pre-printed on it, but I always talked the agreed upon price down even further after seeing that or simply walk away even when nearly putting pen to paper).
Tax on the Doc fee or sometimes an “internet fee” around $10-$15.
$229 DMV (or whatever they are in your area - not really negotiable).
and first month payment sometimes called the security deposit.

This particular dealer likes to use some of the down payment to cover the following fees above.

Theres acquisition fee of anywhere from $500-$800 I believe but that usually gets rolled into the total cap cost.

You could always just ask them to write down the fee name and total on a “4 square paper” to break it down.

Michaell

ckat916 said:

No. CA fees for EX and Sport 2.0?
Thanks 

Lease term and miles per year?

Michaell

sanegreddy said:

My local dealer keeps mentioning something of almost $1,500 in "lease start up fees". Does this sound accurate? I've never heard of such a thing, if so I'd imagine it would be a few hundred dollars, not almost $1,500! In 33619 if it matters.

Thanks!

Florida has some of the highest dealer doc fees in the country - I've seen them as high as $999. Pure profit for the dealer. As noted above, simply negotiate a lower price to offset the cost.

Then, there is a $595 acquisition fee, imposed by Honda Finance. Non-negotiable, unfortunately.

Registration costs may be part of that number, as well. Ask the dealer for a full breakdown. The more you know, the less they can confuse you.

eromitlab

Still looking & mulling options! 

2018 Honda Accord Sport 2.0t manual in 20815 — 36 or 39 months. (Why nothing lower than 12k miles?? — so odd). 

Thanks! I was looking at Alfas as well but the residual values are rough! You are paying a ton of depreciation there. Can’t see the value in a lease. 

Michaell

eromitlab said:

Still looking & mulling options! 

2018 Honda Accord Sport 2.0t manual in 20815 — 36 or 39 months. (Why nothing lower than 12k miles?? — so odd). 

Thanks! I was looking at Alfas as well but the residual values are rough! You are paying a ton of depreciation there. Can’t see the value in a lease. 

.00092 and 56%
$400 lease cash

No idea why Honda doesn't offer 10K allowances

hqudsi45

Hey guys, looking for mf/Residual info on a 2018 Accord Sport 1.5t cvt, 36 months and 12k miles in 21042 please. Thanks!

kyfdx

hqudsi45 said:

Hey guys, looking for mf/Residual info on a 2018 Accord Sport 1.5t cvt, 36 months and 12k miles in 21042 please. Thanks!

.00092 MF and 56% residual
$400 incentive

PHEV2018

Can I get the MF, residual and incentives for CA Touring 1.5 and 2.0 for 36/12? Thanks!

kyfdx

PHEV2018 said:

Can I get the MF, residual and incentives for CA Touring 1.5 and 2.0 for 36/12? Thanks!

.00092 MF and 52% residual
1.5: $2400 incentive
2.0: $400 incentive

PHEV2018

kyfdx said:

PHEV2018 said:

Can I get the MF, residual and incentives for CA Touring 1.5 and 2.0 for 36/12? Thanks!

.00092 MF and 52% residual
1.5: $2400 incentive
2.0: $400 incentive

Thank you!

dirty_pineapples

Could I receive money factor and residual value on a Sport 2.0t w/ 6-speed manual for 12144? 12k/36months.

What am I expecting for monthly payment with a selling price of $1,000 under invoice?

kyfdx

dirty_pineapples said:

Could I receive money factor and residual value on a Sport 2.0t w/ 6-speed manual for 12144? 12k/36months.

What am I expecting for monthly payment with a selling price of $1,000 under invoice?

.00092 MF and 56% residual
$400 incentive

Would need MSRP and selling price to calculate a payment.

dirty_pineapples

kyfdx said:

dirty_pineapples said:

Could I receive money factor and residual value on a Sport 2.0t w/ 6-speed manual for 12144? 12k/36months.

What am I expecting for monthly payment with a selling price of $1,000 under invoice?

.00092 MF and 56% residual
$400 incentive

Would need MSRP and selling price to calculate a payment.

Thank you. I went ahead and calculated my own lease payment on leasehackr.

What about a 12k/24 months for MF and RV?

kyfdx

dirty_pineapples said:

kyfdx said:

dirty_pineapples said:

Could I receive money factor and residual value on a Sport 2.0t w/ 6-speed manual for 12144? 12k/36months.

What am I expecting for monthly payment with a selling price of $1,000 under invoice?

.00092 MF and 56% residual
$400 incentive

Would need MSRP and selling price to calculate a payment.

Thank you. I went ahead and calculated my own lease payment on leasehackr.

What about a 12k/24 months for MF and RV?

62% residual