2018 Honda Accord Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 267,627
    It's no surprise that sales are down... that's strictly related to a lousy lease program, no incentives, and lower priced competitors.

    At some point, that will be brought into balance. Even the best car in a category has to be competitive, financially.

    Of course, the opinion of the manager of a Honda dealer with a lousy reputation, about what he would choose? LOL

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  • dstevens10dstevens10 Member Posts: 53
    I was about to pull the trigger on an EX-L 2.0T. Through the Costco auto program, the final negotiated price was $1800 below invoice. But due to the lack of any additional incentives and a high MF, I decided to give Acura a look. Acura has over $5800 in incentives and a very low MF. I was able to get into a 2018 TLX 4.2L w/Technology package for $25 less/month than the Accord. MSRP is $37,665 (vs. the Accord $32,860).
  • gmanusmcgmanusmc Member Posts: 699

    I was about to pull the trigger on an EX-L 2.0T. Through the Costco auto program, the final negotiated price was $1800 below invoice. But due to the lack of any additional incentives and a high MF, I decided to give Acura a look. Acura has over $5800 in incentives and a very low MF. I was able to get into a 2018 TLX 4.2L w/Technology package for $25 less/month than the Accord. MSRP is $37,665 (vs. the Accord $32,860).

    Congrats - Acuras are great vehicles. In my opinion, you made a wise decision. I’m not sure why Honda is holding off on a good Accord lease program when there are folks like you willing to look at other alternatives.

    Enjoy your new TLX!

    2016 ES350 Lux/Atomic Silver
    2017 Accord Sport CVT Mod Steel Metallic
  • bpaul01bpaul01 Member Posts: 12
    edited March 2018
    Could you please provide the MF and RV for both the Accord LX and EX in DFW TX? 36m/12k
  • kyfdxkyfdx Moderator Posts: 267,627
    bpaul01 said:

    Could you please provide the MF and RV for both the Accord LX and EX in DFW TX? 36m/12k

    .00220 MF
    60%/59% residual for LX/EX

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  • joshucojoshuco Member Posts: 18
    Can I get the numbers on an Accord Sport and EX with 12/36? Thank you  11726
  • alex3737alex3737 Member Posts: 6
    kyfdx said:
    http://www.motortrend.com/news/honda-accord-sales-dip/
    Interesting, but the current lease program runs through the end of April.. they could always add incentives mid-term, but likely May, before you see any changes, if any.
    I’m not sure if it’s accurate, but I’ve been shopping around for a 2.0 Sport and was provided this information regarding the expiration of the current programs,

            “... However, I would like to let you know the current programs do expire 4-2-18 at which time new incentives will be released and we could take a second look to see if we could work a better deal on the Accord.  ...”

    I’ve been holding out hope for 4/3/18. 
  • kyfdxkyfdx Moderator Posts: 267,627
    joshuco said:

    Can I get the numbers on an Accord Sport and EX with 12/36? Thank you  11726

    .00220 MF and 60%/59% residual for Sport/EX

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  • kyfdxkyfdx Moderator Posts: 267,627
    alex3737 said:


    kyfdx said:

    Interesting, but the current lease program runs through the end of April.. they could always add incentives mid-term, but likely May, before you see any changes, if any.

    I’m not sure if it’s accurate, but I’ve been shopping around for a 2.0 Sport and was provided this information regarding the expiration of the current programs,

            “... However, I would like to let you know the current programs do expire 4-2-18 at which time new incentives will be released and we could take a second look to see if we could work a better deal on the Accord.  ...”

    I’ve been holding out hope for 4/3/18. 


    You know.. you are right...

    It's only the residuals that run through April... the money factor and incentive portion of the program only runs through April 2nd.

    Good catch!

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  • starbaistarbai Member Posts: 61
    I'm likely going to wait/hope for better rates come 4/3. but so that I can have something to compare it to could you please provide MF and residuals for a 2018 2.0T Touring for a 3 year lease, 10 and 12k miles in Orlando FL 32806?
  • kyfdxkyfdx Moderator Posts: 267,627
    starbai said:

    I'm likely going to wait/hope for better rates come 4/3. but so that I can have something to compare it to could you please provide MF and residuals for a 2018 2.0T Touring for a 3 year lease, 10 and 12k miles in Orlando FL 32806?

    .00220 MF and 56% residual for 36/12

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  • jd187912jd187912 Member Posts: 5
    can you tell me with the invoice price, incentives, MF and residual are a 2018 Accord EXL 2.0 for 36 months and 10K miles
  • Zoo Ropa82Zoo Ropa82 Member Posts: 122
    Just heard the 2018 Accord Hybrid is coming 3/23 and starting $4,500 less than the previous model!

    http://hondanews.com/releases/all-new-2018-accord-hybrid-arrives-in-showrooms-as-the-new-benchmark-among-midsize-hybrids
  • wilsonwaydewilsonwayde Member Posts: 19
    Can I get MF, Incentives, RV, for Accord EX 36/12k for Zip 95757.
  • MichaellMichaell Moderator Posts: 264,410
    jd187912 said:

    can you tell me with the invoice price, incentives, MF and residual are a 2018 Accord EXL 2.0 for 36 months and 10K miles

    .00220 and 58% for 36/12

    No 10k allowance from Honda

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  • MichaellMichaell Moderator Posts: 264,410

    Can I get MF, Incentives, RV, for Accord EX 36/12k for Zip 95757.

    .00220 and 59%

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  • bluemkn57carsbluemkn57cars Member Posts: 1,009
    starbai said:

    I'm likely going to wait/hope for better rates come 4/3. but so that I can have something to compare it to could you please provide MF and residuals for a 2018 2.0T Touring for a 3 year lease, 10 and 12k miles in Orlando FL 32806?

    May I suggest that you also look at the Acura TLX if you are not able to get a good deal on the 2.0T Touring next month? Acura is offering huge incentives on certain trims.

    Good luck.
    2021 Audi A6 P+2018 Audi A4 P+ (lease returned)2013 Honda Accord EX-L (Sold)
  • MichaellMichaell Moderator Posts: 264,410

    starbai said:

    I'm likely going to wait/hope for better rates come 4/3. but so that I can have something to compare it to could you please provide MF and residuals for a 2018 2.0T Touring for a 3 year lease, 10 and 12k miles in Orlando FL 32806?

    May I suggest that you also look at the Acura TLX if you are not able to get a good deal on the 2.0T Touring next month? Acura is offering huge incentives on certain trims.

    Good luck.
    Be advised the Acura program changes on 4/3 as well, and there are no guarantees that the big incentives will be available next month.

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  • zmagdumzmagdum Member Posts: 21
    What is the Money factor, residual value and incentive programs on the 2018 Accord EX-L 2.0 and the 2018 Accord Touring 2.0?
  • zmagdumzmagdum Member Posts: 21
    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?
  • sebek75sebek75 Member Posts: 51
    I was about to pull the trigger on an EX-L 2.0T. Through the Costco auto program, the final negotiated price was $1800 below invoice. But due to the lack of any additional incentives and a high MF, I decided to give Acura a look. Acura has over $5800 in incentives and a very low MF. I was able to get into a 2018 TLX 4.2L w/Technology package for $25 less/month than the Accord. MSRP is $37,665 (vs. the Accord $32,860).
    I am thinking about 2018 TLX as well because Accord lease payments are way too high.
    So how much monthly are you paying for 2018 TLX if you don’t mind me asking? How much out of pocket at signing? 
  • dstevens10dstevens10 Member Posts: 53
    edited March 2018
    sebek75 said:


    I am thinking about 2018 TLX as well because Accord lease payments are way too high.
    So how much monthly are you paying for 2018 TLX if you don’t mind me asking? How much out of pocket at signing? 

    MSRP: $37,665
    MF: .00054
    Residual: 52%
    Negotiated Selling Price: $30,412
    Gross Cap Cost (with fees built in): $31,297
    All fees, taxes, doc, reg... everything - built into the lease
    Monthly payment (36/10k): $352
    Monthly payment w/tax: $376 (and that's all that was due when I drove the car off of the lot last week. 35 payments left).

    Love the car! So glad I looked into the Acura before going with the Accord (which would have been $395/month with the same setup (everything built into the lease) - the biggest difference was the high MF (.00142 with US Bank, which was lower than AHF)). Definitely a class above the Accord!
  • MichaellMichaell Moderator Posts: 264,410
    edited March 2018
    zmagdum said:

    What is the Money factor, residual value and incentive programs on the 2018 Accord EX-L 2.0 and the 2018 Accord Touring 2.0?

    36/15
    .00220 and 56% (2.0 EX-L), 55% (EX-L w/ Nav) or 54% (Touring)
    No incentives

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  • MichaellMichaell Moderator Posts: 264,410
    zmagdum said:

    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?

    If I subtract the $2000 from the total price, I get $365/mo

    What state and tax rate is this?

    Ask the dealer what adjusted cap cost they are using for their payment quote.

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  • sebek75sebek75 Member Posts: 51

    sebek75 said:


    I am thinking about 2018 TLX as well because Accord lease payments are way too high.
    So how much monthly are you paying for 2018 TLX if you don’t mind me asking? How much out of pocket at signing? 

    MSRP: $37,665
    MF: .00054
    Residual: 52%
    Negotiated Selling Price: $30,412
    Gross Cap Cost (with fees built in): $31,297
    All fees, taxes, doc, reg... everything - built into the lease
    Monthly payment (36/10k): $352
    Monthly payment w/tax: $376 (and that's all that was due when I drove the car off of the lot last week. 35 payments left).

    Love the car! So glad I looked into the Acura before going with the Accord (which would have been $395/month with the same setup (everything built into the lease) - the biggest difference was the high MF (.00142 with US Bank, which was lower than AHF)). Definitely a class above the Accord!
    Awesome, thanks for all the numbers. Will try to talk to Honda dealer first since I love the interior of it and if I can’t get good deal on it will go to Acura dealer for sure :)
  • zmagdumzmagdum Member Posts: 21
    It’s in MA. Tax rate I believe is 6% and cap cost is 27,927.





    Michaell said:
    I am getting a deal for a 2018 Accord EX-L with Nav 2.0 The pricing breakdown is as follows: MSRP: 33,860 Cap cost: 27,927.57 Sales tax: 918.00 Acquisition fee: 595 Dealer/State fees: 634 Total Price: 30,075.37 2000 down and 374.79/month for 15k miles a year for 36 month. Do you think this is a good deal and how much lower do you think I could get them?
    If I subtract the $2000 from the total price, I get $365/mo What state and tax rate is this? Ask the dealer what adjusted cap cost they are using for their payment quote.

  • kyfdxkyfdx Moderator Posts: 267,627
    zmagdum said:


    It’s in MA. Tax rate I believe is 6% and cap cost is 27,927.





    Michaell said:

    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?
    If I subtract the $2000 from the total price, I get $365/mo

    What state and tax rate is this?

    Ask the dealer what adjusted cap cost they are using for their payment quote.



    If $27,927 is the adjusted CAP:
    .00220 MF and 56% residual
    $352/mo.+tax.
    That's pretty close..

    The sales tax number is irrelevant for calculating the lease, as you pay tax on the payment.
    Not sure that the "Total Price" is relevant, either.

    Is it $2000 total due at signing?
    Or, $2000 + 1st payment + etc, etc...?

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  • sebek75sebek75 Member Posts: 51
    Michaell said:

    zmagdum said:

    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?

    If I subtract the $2000 from the total price, I get $365/mo

    What state and tax rate is this?

    Ask the dealer what adjusted cap cost they are using for their payment quote.
    Question for Michaell, so it is better to pay taxes upfront in NJ or add them to monthly payments? Please advise. Thank you in advance.
  • MichaellMichaell Moderator Posts: 264,410
    sebek75 said:

    Michaell said:

    zmagdum said:

    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?

    If I subtract the $2000 from the total price, I get $365/mo

    What state and tax rate is this?

    Ask the dealer what adjusted cap cost they are using for their payment quote.
    Question for Michaell, so it is better to pay taxes upfront in NJ or add them to monthly payments? Please advise. Thank you in advance.
    Add them to the monthly payments. If something happens to the car, you think the state will refund you what you paid up front but didn't "use"?

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  • sebek75sebek75 Member Posts: 51
    Question for Michaell, so it is better to pay taxes upfront in NJ or add them to monthly payments? Please advise. Thank you in advance.

    Add them to the monthly payments. If something happens to the car, you think the state will refund you what you paid up front but didn't "use"?

    That’s what I thought. Thank you very much :smile:
  • bigpoppa07bigpoppa07 Member Posts: 38
    zmagdum said:

    I am getting a deal for a 2018 Accord EX-L with Nav 2.0

    The pricing breakdown is as follows:

    MSRP: 33,860
    Cap cost: 27,927.57
    Sales tax: 918.00
    Acquisition fee: 595
    Dealer/State fees: 634
    Total Price: 30,075.37

    2000 down and 374.79/month for 15k miles a year for 36 month.

    Do you think this is a good deal and how much lower do you think I could get them?

    What does that $2000 down cover if its just a Cap Cost Reduction i wouldn't do it that money is at risk if car is lost 0r stolen roll that into the payment. And only put down first months payment and DMV fee.
  • vhalomnativglvhalomnativgl Member Posts: 29
    Can I get the RV and MF for 2018 Accord Sport 1.5 and 2.0 12/36 in zip 92555? Also any lease incentives? Thanks in advance. 
  • MichaellMichaell Moderator Posts: 264,410

    Can I get the RV and MF for 2018 Accord Sport 1.5 and 2.0 12/36 in zip 92555? Also any lease incentives? Thanks in advance. 

    .00220 and 60% for both
    No lease incentives

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  • dan5142dan5142 Member Posts: 9
    Than you for doing this! You guys are the best.

    Are there any MF, RV and lease incentives on the Accord hybrid yet?  It just officially went on sale on March 23rd. 
    Looking at the EX model, 36/15 in 48185 zip. 
  • MichaellMichaell Moderator Posts: 264,410
    dan5142 said:

    Than you for doing this! You guys are the best.

    Are there any MF, RV and lease incentives on the Accord hybrid yet?  It just officially went on sale on March 23rd. 
    Looking at the EX model, 36/15 in 48185 zip. 

    We don't have any numbers for the HAH. Perhaps in April.

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  • dan5142dan5142 Member Posts: 9
    Michaell said:
    Than you for doing this! You guys are the best.

    Are there any MF, RV and lease incentives on the Accord hybrid yet?  It just officially went on sale on March 23rd. 
    Looking at the EX model, 36/15 in 48185 zip. 
    We don't have any numbers for the HAH. Perhaps in April.
    Thank you! 
  • cjerviscjervis Member Posts: 9
    Could I please get the RV and MF for the 2018 Accord Sedan Sport with 2.0L, 12/36 in 34461?
  • MichaellMichaell Moderator Posts: 264,410
    cjervis said:

    Could I please get the RV and MF for the 2018 Accord Sedan Sport with 2.0L, 12/36 in 34461?

    .00220 and 60%

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  • chris621chris621 Member Posts: 4
    Hello,

    Can I please get the MF and RV on an Accord Sport 2.0 in 07006 for 36 Months/15K Miles? Thanks a lot.
  • kyfdxkyfdx Moderator Posts: 267,627
    chris621 said:

    Hello,

    Can I please get the MF and RV on an Accord Sport 2.0 in 07006 for 36 Months/15K Miles? Thanks a lot.

    .00220 MF and 58% residual

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  • zmagdumzmagdum Member Posts: 21
    I am in market for an Accord. This is the pricing I got. Does it match up and is it a good deal?
  • kyfdxkyfdx Moderator Posts: 267,627
    zmagdum said:

    I am in market for an Accord. This is the pricing I got. Does it match up and is it a good deal?

    What state and tax rate?

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  • zmagdumzmagdum Member Posts: 21
    kyfdx said:

    zmagdum said:

    I am in market for an Accord. This is the pricing I got. Does it match up and is it a good deal?

    What state and tax rate?
    Its MA, I believe its 6.25%
  • kyfdxkyfdx Moderator Posts: 267,627
    zmagdum said:

    kyfdx said:

    zmagdum said:

    I am in market for an Accord. This is the pricing I got. Does it match up and is it a good deal?

    What state and tax rate?
    Its MA, I believe its 6.25%
    If I add in the $595 acquisition fee, I'm within a couple of dollars of their calculations.
    The Accord isn't a cheap car to lease, but that deal is pretty good.

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  • sdouc99sdouc99 Member Posts: 51
    When calculating residual value is MSRP before or after the destination charge is added?
    Also, same question for the 15¢/mile,20¢/mile overage penalty. If you go over your mileage on an EX-L is the penalty 15 or 20¢/mile?
  • galaxybuggalaxybug Member Posts: 4
    Hi,

    Can someone please tell me the MF and RV of a 2018 Honda Accord Ex ? Looking for 12k/36 lease

    Zip code is 01845

  • MichaellMichaell Moderator Posts: 264,410
    sdouc99 said:

    When calculating residual value is MSRP before or after the destination charge is added?
    Also, same question for the 15¢/mile,20¢/mile overage penalty. If you go over your mileage on an EX-L is the penalty 15 or 20¢/mile?

    After - the residual is calculated against the bottom number of the factory window sticker.

    Don't know about the mileage penalty amount - have you asked your dealer?

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  • MichaellMichaell Moderator Posts: 264,410
    galaxybug said:

    Hi,

    Can someone please tell me the MF and RV of a 2018 Honda Accord Ex ? Looking for 12k/36 lease

    Zip code is 01845

    .00220 and 59%

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  • sdouc99sdouc99 Member Posts: 51
    Michaell said:
    When calculating residual value is MSRP before or after the destination charge is added? Also, same question for the 15¢/mile,20¢/mile overage penalty. If you go over your mileage on an EX-L is the penalty 15 or 20¢/mile?
    After - the residual is calculated against the bottom number of the factory window sticker. Don't know about the mileage penalty amount - have you asked your dealer?
    I haven’t asked yet but I would think it’s based on the bottom number. I was wondering because the penalty is 15¢/mile for vehicles with MSRP less than $30k and 20¢/mile for vehicles with MSRP over $30k. 
    The EX-L MSRP is below $30k before destination charge but over $30k if the destination charge is included. 
  • galaxybuggalaxybug Member Posts: 4
    Michaell said:

    galaxybug said:

    Hi,

    Can someone please tell me the MF and RV of a 2018 Honda Accord Ex ? Looking for 12k/36 lease

    Zip code is 01845

    .00220 and 59%
    Thanks michaell
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