2018 Honda Accord Lease Deals and Prices

Michaell

beamer21 said:

Can I get the residual and MF for a 2018 honda accord sport 2.0t in NJ 07095 36 and 39 months 10k miles.

.00200 and 60% for 36/12; no 10K allowance from Honda

cowbawx

I got the fees that the bank for Teachers Federal Credit Union uses for leasing (for Plaza Auto Leasing). Does this sound good? For a 1.5 or 2.0 2018 Honda Accord Touring, MF = 0.00160, Residual 55%, Acquisition Fee $799, and Disposition $400. Thanks!

kyfdx

cowbawx said:

I got the fees that the bank for Teachers Federal Credit Union uses for leasing (for Plaza Auto Leasing). Does this sound good? For a 1.5 or 2.0 2018 Honda Accord Touring, MF = 0.00160, Residual 55%, Acquisition Fee $799, and Disposition $400. Thanks!

For 36/12?

By comparison, .00210 and 56% residual for Honda, with $595 acquisition fee.

If it's me, I stick with the Honda lease for an extra $18/mo. (minus $200 on the acquisition fee).
Honda has an incentive to treat you right at lease end. The credit union has no interest in you, at that point.

Not to mention, I'd go straight to a dealer, and cut out the middle man.

cowbawx

kyfdx said:

cowbawx said:

I got the fees that the bank for Teachers Federal Credit Union uses for leasing (for Plaza Auto Leasing). Does this sound good? For a 1.5 or 2.0 2018 Honda Accord Touring, MF = 0.00160, Residual 55%, Acquisition Fee $799, and Disposition $400. Thanks!

For 36/12?

By comparison, .00210 and 56% residual for Honda, with $595 acquisition fee.

If it's me, I stick with the Honda lease for an extra $18/mo. (minus $200 on the acquisition fee).
Honda has an incentive to treat you right at lease end. The credit union has no interest in you, at that point.

Not to mention, I'd go straight to a dealer, and cut out the middle man.

39/12... the dealer wants (with no money down) like $500/month (for 36 months)

kyfdx

cowbawx said:

kyfdx said:

cowbawx said:

I got the fees that the bank for Teachers Federal Credit Union uses for leasing (for Plaza Auto Leasing). Does this sound good? For a 1.5 or 2.0 2018 Honda Accord Touring, MF = 0.00160, Residual 55%, Acquisition Fee $799, and Disposition $400. Thanks!

For 36/12?

By comparison, .00210 and 56% residual for Honda, with $595 acquisition fee.

If it's me, I stick with the Honda lease for an extra $18/mo. (minus $200 on the acquisition fee).
Honda has an incentive to treat you right at lease end. The credit union has no interest in you, at that point.

Not to mention, I'd go straight to a dealer, and cut out the middle man.

39/12... the dealer wants (with no money down) like $500/month (for 36 months)

For 39/12, that tilts it a little more to the credit union.

One bad offer from one dealer doesn't mean you couldn't do better than that.

cowbawx

Advantage Honda in Long Island NY wanted $499 for 36 month/12k lease. Only DMV and First month up front for a 2.0 Accord Touring. Thoughts, anyone? I'd prefer not to spend that much.... is this a good deal? They wont give me details over the phone. Dealerships around here (not sure about anywhere else) only want to discuss the monthly payment and nothing else, until the contract is created.

orangecity

I am currently leasing honda and will be over March 1st week. May I request residual , MF and any discount for a 2018 honda accord LX / EXL in PA 19020 36M / 15k miles.

kyfdx

orangecity said:

I am currently leasing honda and will be over March 1st week. May I request residual , MF and any discount for a 2018 honda accord LX / EXL in PA 19020 36M / 15k miles.

58%/56% residual for LX/EXL
.00200 MF

These numbers are good through February 28th

ronnie1983

Hello - I just wanted to confirm if the January Resids and Money Factors are good through February 28th and are the following numbers correct? Sport 2.0 (60%) Resid and Touring (56%) Resid with .00200 MF on both for 36/12.

cowbawx

...$477 now for 39 months. Accord Touring 2.0 2018. 12k miles

tonyg2016

cowbawx said:

...$477 now for 39 months. Accord Touring 2.0 2018. 12k miles

leasehackr.com/calculator?make=Honda&msrp=36690&sales_price=33500&months=39&mf=.00160&dp=0&doc_fee=75&acq_fee=799&taxed_inc=0&untaxed_inc=0&rebate=0&resP=55&reg_fee=200&sales_tax=8.9&memo=&monthlyTax_radio=true&miles=12000&msd=0

you can tweak the numbers in tha above link but it's already close to what you posted. I think it's too much but there isn't any help from Honda YET on the new Accord. your call

kyfdx

ronnie1983 said:

Hello - I just wanted to confirm if the January Resids and Money Factors are good through February 28th and are the following numbers correct? Sport 2.0 (60%) Resid and Touring (56%) Resid with .00200 MF on both for 36/12.

Correct on all.

cowbawx

For someone who has excellent credit, what would the money factor and residual value be for a Accord 2.0 36/12k? Thanks.

kyfdx

cowbawx said:

For someone who has excellent credit, what would the money factor and residual value be for a Accord 2.0 36/12k? Thanks.

Which trim?

cowbawx

Touring, sorry. in NY

kyfdx

cowbawx said:

Touring, sorry. in NY

.00200 MF and 56% residual

cowbawx

Thank you! is this lease calculator accurate? https://www.leaseguide.com/calc/

cowbawx

MF and Residual for Accord Touring 1.5 please? Same?

Michaell

cowbawx said:

MF and Residual for Accord Touring 1.5 please? Same?

Same as 2.0T

Michaell

cowbawx said:

Thank you! is this lease calculator accurate? https://www.leaseguide.com/calc/

Any on-line calculator runs the risk of making assumptions that we know nothing about.

We suggest you build your own.....

https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

adidragos

I am in Florida, Broward County. 
Can you please post a lease calculation / monthly payment for Tier 1 credit, 6% Sales tax, 500$ Out of Pocket for a 2018 Honda Accord Touring / MSRP of 36,690$ - 36/12 & 36/10? Thank you!

snsssns

Honda is doing their best to not sell their new accord with that money factor and no incentives.

kyfdx

adidragos said:

I am in Florida, Broward County. 
Can you please post a lease calculation / monthly payment for Tier 1 credit, 6% Sales tax, 500$ Out of Pocket for a 2018 Honda Accord Touring / MSRP of 36,690$ - 36/12 & 36/10? Thank you!

.00200 MF and 56% residual for 36/12
Honda does not offer 10K/yr

Can't calculate a payment without a negotiated price and/or adjusted CAP cost.

kyfdx

snsssns said:

Honda is doing their best to not sell their new accord with that money factor and no incentives.

Plenty of people actually buy Accords..

adidragos

Sorry, 33,618$ (Invoice) negociated price. Thank you for your quick answer!

kyfdx

adidragos said:

Sorry, 33,618$ (Invoice) negociated price. Thank you for your quick answer!

$489/mo.+6% tax = $518/mo.

The only thing I added was the $595 acquisition fee.

Did not add Florida DMV or dealer fees. Be aware, those can be substantial, as FL dealers are famous for egregious dealer fees.

Seem expensive, huh?

adidragos

Thank you once again for your lightning fast answers! Beautiful car, definitely not worth that kind of money.
I consider a good deal and it makes financial sense to us if a car can be leased for a monthly payment of 1% / tax in from the MSRP, for 36/12, with the equivalent of 2-3 payments cash out of pocket. It can be done, if the manufacturer offers the right incentives. Right now we are at the end of a lease on a 2015 MB C300 with a 42K+ MSRP - 36/10 - 1500$ cash out of pocket, 336$ a month / tax in.
I will be extending this lease until I get a similar deal on a car that we like. 
Please let me know if you know about a manufacturer with that kind of aggressive leasing programs from your recent deals (Acura Audi BMW Buick Chevrolet Chrysler Ford - Lincoln Honda Infiniti Lexus Mercedes Subaru VW Volvo) - under 400$ a month payment. 
Thank you!

Michaell

adidragos said:

Thank you once again for your lightning fast answers! Beautiful car, definitely not worth that kind of money.
I consider a good deal and it makes financial sense to us if a car can be leased for a monthly payment of 1% / tax in from the MSRP, for 36/12, with the equivalent of 2-3 payments cash out of pocket. It can be done, if the manufacturer offers the right incentives. Right now we are at the end of a lease on a 2015 MB C300 with a 42K+ MSRP - 36/10 - 1500$ cash out of pocket, 336$ a month / tax in.
I will be extending this lease until I get a similar deal on a car that we like. 
Please let me know if you know about a manufacturer with that kind of aggressive leasing programs from your recent deals (Acura Audi BMW Buick Chevrolet Chrysler Ford - Lincoln Honda Infiniti Lexus Mercedes Subaru VW Volvo) - under 400$ a month payment. 
Thank you!

You should check the relevant lease threads for each make and model you are interested in, so see if they meet your qualifying criteria.

We can't have a general discussion like this in a specific thread.

beamer21

I am going to try to lease a 2018 accord sport 2.0t today, I live in nj. Any tips. I will get back to you guys with results and hopefully I am able to get it. I love the car and touring is way too much right now, even though I wanted the premium sound system. 

kopchikc

".00200 MF and 56% residual for 36/12"

How much does the residual drop for 36/15K?

kyfdx

kopchikc said:

".00200 MF and 56% residual for 36/12"

How much does the residual drop for 36/15K?

2%

cowbawx

New MF or residual for February?

kyfdx

cowbawx said:

New MF or residual for February?

The January programs run through February 28th

cowbawx

If I have an 800+ credit score, on a 1.5 Accord Touring, for 12/36, is the BEST money factor still only .00200 on a lease?

kyfdx

cowbawx said:

If I have an 800+ credit score, on a 1.5 Accord Touring, for 12/36, is the BEST money factor still only .00200 on a lease?

Yes.. that's for top tier.

autogear

I'm looking to lease a 2018 Honda Accord EX , anyone offering good deals out there ?

jassiek

try huntington honda in long island, ny, i got 329/month, 39/10, down: 1st payment +DMV

tompombe

Please, what are MF, residual and incentives for 2018 Accord Sedan LX-CVT and EX, 36/12 in Cleveland, OH?

kyfdx

tompombe said:

Please, what are MF, residual and incentives for 2018 Accord Sedan LX-CVT and EX, 36/12 in Cleveland, OH?

.00200 MF and 60%/59% residual for LX/EX

richman1975

Hello, can I please get residual % and MF for EX for ABQ, NM? 36/12 and 36/15.

kyfdx

richman1975 said:

Hello, can I please get residual % and MF for EX for ABQ, NM? 36/12 and 36/15.

.00200 MF and 59%/57% residual

tgoodspe1991

Got this quote today on two separate Touring 2.0T's from a dealer. Is this a good deal, or no?

Vehicle Cost
$32,460.00… Selling Price
+$ 595.00… Acquisition Fee
=$33,055.00… Gross Cap Cost

Residual
$36,690.00… MSRP
$19,812.60… Residual 54% of MSRP

Depreciation
$33,055.00… Gross Cap Cost
-$ 1,000.00… Cap Cost Reduction
=$32,055.00… Net Cap Cost
-$19,812.60… Residual Value
=$12,242.40… Depreciation

Rent Charge Calculation
$32,055.00… Net Cap Cost
+$19,812.60… Residual Value
=51,867.60 x .00210 (Money Factor)
=108.92/mo x 36 months
=3,921.12 Rent Charge

Tax
$12,242.40… Depreciation
+$ 3,921.12… Rent Charge
=$16,163.52… Term Total
X 6% Florida Sales Tax
=989.81… Lease Term Sales Tax
=17,133.48… Total of Payments

Total Payment
$17,133.48 / 36 = $475.93 monthly payment

Upfront Fees
$799.00… Dealer Fee
$475.93… First Payment
$350.45… Estimated Tag/Title/Registration Fees
$119.73… Upfront Taxes
$1,745.11… Total Amount Due Upfront

------------------------------------------------

He also said there's a Touring 2.0T coming in where they won't add any of the accessories they normally do (mud flaps, wheel locks, trunk mat), and then he could make that car's selling price $31,860 with a monthly payment of $457.33 and roughly the same out of pocket.

Thanks!

kyfdx

tgoodspe1991 said:

Got this quote today on two separate Touring 2.0T's from a dealer. Is this a good deal, or no?

Vehicle Cost
$32,460.00… Selling Price
+$ 595.00… Acquisition Fee
=$33,055.00… Gross Cap Cost

Residual
$36,690.00… MSRP
$19,812.60… Residual 54% of MSRP

Depreciation
$33,055.00… Gross Cap Cost
-$ 1,000.00… Cap Cost Reduction
=$32,055.00… Net Cap Cost
-$19,812.60… Residual Value
=$12,242.40… Depreciation

Rent Charge Calculation
$32,055.00… Net Cap Cost
+$19,812.60… Residual Value
=51,867.60 x .00210 (Money Factor)
=108.92/mo x 36 months
=3,921.12 Rent Charge

Tax
$12,242.40… Depreciation
+$ 3,921.12… Rent Charge
=$16,163.52… Term Total
X 6% Florida Sales Tax
=989.81… Lease Term Sales Tax
=17,133.48… Total of Payments

Total Payment
$17,133.48 / 36 = $475.93 monthly payment

Upfront Fees
$799.00… Dealer Fee
$475.93… First Payment
$350.45… Estimated Tag/Title/Registration Fees
$119.73… Upfront Taxes
$1,745.11… Total Amount Due Upfront

------------------------------------------------

He also said there's a Touring 2.0T coming in where they won't add any of the accessories they normally do (mud flaps, wheel locks, trunk mat), and then he could make that car's selling price $31,860 with a monthly payment of $457.33 and roughly the same out of pocket.

Thanks!

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

tgoodspe1991

kyfdx said:

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

That's just the exact formatting he sent me, not a calculation I did. He said there's a $1,000 Honda down payment assistance or incentive thing.

Just trying to understand if it's a good deal or not.

kyfdx

tgoodspe1991 said:

kyfdx said:

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

That's just the exact formatting he sent me, not a calculation I did. He said there's a $1,000 Honda down payment assistance or incentive thing.

Just trying to understand if it's a good deal or not.

It's a pretty big discount, but of course, they are taking back $799 for a dealer fee.
It's a decent deal for this vehicle, but it's still expensive, relative to MSRP.

I'd want to know what else I could lease for $475/mo?

Michaell

kyfdx said:

tgoodspe1991 said:

kyfdx said:

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

That's just the exact formatting he sent me, not a calculation I did. He said there's a $1,000 Honda down payment assistance or incentive thing.

Just trying to understand if it's a good deal or not.

It's a pretty big discount, but of course, they are taking back $799 for a dealer fee.
It's a decent deal for this vehicle, but it's still expensive, relative to MSRP.

I'd want to know what else I could lease for $475/mo?

Acura TLX?

donnelly713

looking for lease numbers on 2018 Sport 1.5T 15k miles/year 36 month. zipe code 27516- thank you

cjh5858

Michaell said:

kyfdx said:

tgoodspe1991 said:

kyfdx said:

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

That's just the exact formatting he sent me, not a calculation I did. He said there's a $1,000 Honda down payment assistance or incentive thing.

Just trying to understand if it's a good deal or not.

It's a pretty big discount, but of course, they are taking back $799 for a dealer fee.
It's a decent deal for this vehicle, but it's still expensive, relative to MSRP.

I'd want to know what else I could lease for $475/mo?

Acura TLX?

I think the TLX is a better deal than the Accord right now. I'm at the end of my 2015 Accord lease, but best deal I could get is $499 + tax Sign & Drive. Love the Accord but can't justify that $$. Went and looked at the TLX last week and it handled better than the Accord. I got an initial online Sign & Drive quote for the TLX 2.4 FWD Tech of $359 + Tax and TLX 3.5 FWD Tech for $399 + tax in MA. Tax is 6.25%. Only first month due at signing. I plan to try and work the TLX deals lower if I can before signing.
Check out the Acura.

Michaell

donnelly713 said:

looking for lease numbers on 2018 Sport 1.5T 15k miles/year 36 month. zipe code 27516- thank you

.00210 and 58%

djrich

cjh5858 said:

Michaell said:

kyfdx said:

tgoodspe1991 said:

kyfdx said:

That's not how you figure the tax in FL
The payment is taxed, each month. Not totaled, then added.
It won't change much, doing it the way you did it, but it's a difference.

Where is the $1000 CAP reduction coming from?

If you make a security deposit, the money factor will drop to .00200

Not a cheap car to lease.

That's just the exact formatting he sent me, not a calculation I did. He said there's a $1,000 Honda down payment assistance or incentive thing.

Just trying to understand if it's a good deal or not.

It's a pretty big discount, but of course, they are taking back $799 for a dealer fee.
It's a decent deal for this vehicle, but it's still expensive, relative to MSRP.

I'd want to know what else I could lease for $475/mo?

Acura TLX?

I think the TLX is a better deal than the Accord right now. I'm at the end of my 2015 Accord lease, but best deal I could get is $499 + tax Sign & Drive. Love the Accord but can't justify that $$. Went and looked at the TLX last week and it handled better than the Accord. I got an initial online Sign & Drive quote for the TLX 2.4 FWD Tech of $359 + Tax and TLX 3.5 FWD Tech for $399 + tax in MA. Tax is 6.25%. Only first month due at signing. I plan to try and work the TLX deals lower if I can before signing.
Check out the Acura.

I am in the same position with a '15 Accord and the TLX deals are very good.
Dealers are discounting the Accord but the Standard MF and no lease incentive makes it ridiculous to get UNLESS you want the car NOW !