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2020 Honda Accord Lease Deals and Prices

11516182021

Comments

  • kyfdxkyfdx Posts: 164,169

    Can I get MF, RV, and any Incentives on a 2020 Honda Accord Sport 1.5L
    36/15
    zip 75204/76011

    Is a lease payment in the low $200's reasonable with 2-4k down

    .00108 MF and 56% residual
    $500 incentive

    Is a lease payment in the low $200's reasonable with 2-4k down


    That is a $2000 spread...

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • RJOGRJOG Posts: 10
    Can I get the MF, RV and Incentives on a 2020 Honda Accord Sport 1.5, 36/12 for 34238? Ty!
  • kyfdxkyfdx Posts: 164,169
    RJOG said:

    Can I get the MF, RV and Incentives on a 2020 Honda Accord Sport 1.5, 36/12 for 34238? Ty!

    .00108 MF and 58% residual
    $500 incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • RJOGRJOG Posts: 10
    Can I also get the MF, RV, and Incentives on a 2020 Honda Accord EX-L for 34238? Thank you!
  • RJOGRJOG Posts: 10
    RJOG said:

    Can I also get the MF, RV, and Incentives on a 2020 Honda Accord EX-L for 34238? Thank you!

    This would be for a 36/10
  • kyfdxkyfdx Posts: 164,169
    RJOG said:

    RJOG said:

    Can I also get the MF, RV, and Incentives on a 2020 Honda Accord EX-L for 34238? Thank you!

    This would be for a 36/10
    .00108 MF and 57% residual
    $500 incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • LBCars711LBCars711 Chicago, ILPosts: 12
    These forums are so helpful, so I wanted to share the deal I was able to negotiate. I actually posted these numbers a week ago on this forum, but was able to talk them down just a bit more. I've bought several cars through this dealer so they are typically up front with me.

    2020 Honda Accord Sport 2.0T (Illinois, 60503)
    MSRP: $32,315
    Vehicle Price: $28,246.11
    Tax: $973.65
    DMV Misc Fees: $325
    Acq Fee: $595
    Gross cap cost: $30,139.76
    Residual: 57%
    Residual $: $18,419.55
    MF: .00108
    Doc Fee: $300 (in cap cost)
    Registration: $151 (up front)
    Title: $150 (up front)
    Electronic filing fee: $25 (in cap)
    Due at signing: $679.00
    Miles: 12,000
    Term: 36 months
    Tax rate: 7%
    Payment: $378.00

    Loving the car. Special thanks to the moderators for their help. See you guys in 3 years!
  • MichaellMichaell ColoradoPosts: 158,547
    LBCars711 said:

    These forums are so helpful, so I wanted to share the deal I was able to negotiate. I actually posted these numbers a week ago on this forum, but was able to talk them down just a bit more. I've bought several cars through this dealer so they are typically up front with me.

    2020 Honda Accord Sport 2.0T (Illinois, 60503)
    MSRP: $32,315
    Vehicle Price: $28,246.11
    Tax: $973.65
    DMV Misc Fees: $325
    Acq Fee: $595
    Gross cap cost: $30,139.76
    Residual: 57%
    Residual $: $18,419.55
    MF: .00108
    Doc Fee: $300 (in cap cost)
    Registration: $151 (up front)
    Title: $150 (up front)
    Electronic filing fee: $25 (in cap)
    Due at signing: $679.00
    Miles: 12,000
    Term: 36 months
    Tax rate: 7%
    Payment: $378.00

    Loving the car. Special thanks to the moderators for their help. See you guys in 3 years!

    Congrats!

    Thanks for the report.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • moonwoomoonwoo Posts: 59
    edited July 28
    hello could I get lease numbers for Accord Sport 1.5 manual for 63132 for 36/12 and 36/10? Thank you!
  • kyfdxkyfdx Posts: 164,169
    moonwoo said:

    hello could I get lease numbers for Accord Sport 1.5 manual for 63132 for 36/12 and 36/10? Thank you!

    36/12
    .00108 MF and 58% residual
    $500 incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • moonwoomoonwoo Posts: 59
    kyfdx said:

    moonwoo said:

    hello could I get lease numbers for Accord Sport 1.5 manual for 63132 for 36/12 and 36/10? Thank you!

    36/12
    .00108 MF and 58% residual
    $500 incentive
    Thank you. Would it be 59% for 36/10?
  • atom786atom786 Posts: 24
    edited July 28
    2020 Accord LX Deal on the table:
    ZIP 77449 102 miles on odometer

    $24,975 MSRP
    36 month, 10K miles/year
    $0 down
    $0 due at signing
    Dealer makes 1st payment
    Sign and drive
    Tax credits
    $500 incentive, $595 acq fee, titling/licensing/dealer doc fee etc ...in essence everything rolled into the deal

    $229/month for 35 months.

  • kyfdxkyfdx Posts: 164,169
    moonwoo said:

    kyfdx said:

    moonwoo said:

    hello could I get lease numbers for Accord Sport 1.5 manual for 63132 for 36/12 and 36/10? Thank you!

    36/12
    .00108 MF and 58% residual
    $500 incentive
    Thank you. Would it be 59% for 36/10?
    Correct

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 164,169
    atom786 said:

    2020 Accord LX Deal on the table:
    ZIP 77449 102 miles on odometer

    $24,975 MSRP
    36 month, 10K miles/year
    $0 down
    $0 due at signing
    Dealer makes 1st payment
    Sign and drive
    Tax credits
    $500 incentive, $595 acq fee, titling/licensing/dealer doc fee etc ...in essence everything rolled into the deal

    $229/month for 35 months.

    That is a great deal

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Can I please get incentives and MF/Residual for Honda Accord LX 36/12 ZIP 28211.
    Is it realistic to get a <$400 lease payment with $6k negative equity on my trade-in?
  • Can I please get incentives and MF/Residual for Honda Accord LX 36/12 ZIP 28211.
    Is it realistic to get a

    With the first payment down at signing, everything included.
  • MichaellMichaell ColoradoPosts: 158,547

    Can I please get incentives and MF/Residual for Honda Accord LX 36/12 ZIP 28211.
    Is it realistic to get a

    With the first payment down at signing, everything included.
    .00108 and 57%
    $500 incentive

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • crissinhocrissinho Posts: 2
    I have a three-part question.

    1- Residual for Honda Accord EX-L 1.5 and 2.0

    2- I was under the impression that Honda does not offer 10k leases only 12k. Am I wrong? If I am wrong, could you provide the residual for both 30k/36k?

    3- This may be a little more complex/extended question. I am just trying to understand the math below is the correct one to determine the lease payment calculated by the dealers.
    - There are 7 components to determine the monthly pay: MSRP, residual, term, sales price, capitalized amount, financed amount, and MF.

    - The MSRP (non-negotiable) is used to determine the residual amount.

    - The capitalized amount derives from the sale price of the car (which is negotiable) plus any fees (dealer/DMV/acquisition) less any upfront payments (rebates, 1st payment, downpayment).

    - Then the monthly payment is calculated by adding the cap and residual amounts (financed amount) and dividing them by the term of the lease.

    - The interest part of the payment uses the financed amount multiplied by the MF. The interest plus the amount from the previous step will get to the monthly payment (before taxes).

    Thanks in advance.
  • kyfdxkyfdx Posts: 164,169
    crissinho said:

    I have a three-part question.

    1- Residual for Honda Accord EX-L 1.5 and 2.0

    2- I was under the impression that Honda does not offer 10k leases only 12k. Am I wrong? If I am wrong, could you provide the residual for both 30k/36k?

    3- This may be a little more complex/extended question. I am just trying to understand the math below is the correct one to determine the lease payment calculated by the dealers.
    - There are 7 components to determine the monthly pay: MSRP, residual, term, sales price, capitalized amount, financed amount, and MF.

    - The MSRP (non-negotiable) is used to determine the residual amount.

    - The capitalized amount derives from the sale price of the car (which is negotiable) plus any fees (dealer/DMV/acquisition) less any upfront payments (rebates, 1st payment, downpayment).

    - Then the monthly payment is calculated by adding the cap and residual amounts (financed amount) and dividing them by the term of the lease.

    - The interest part of the payment uses the financed amount multiplied by the MF. The interest plus the amount from the previous step will get to the monthly payment (before taxes).

    Thanks in advance.

    What is your location?
    Yes, Honda now offers 10K/yr (that recently changed)

    Monthly Depreciation is (CAP minus Residual) / term
    Monthly Finance charge is (CAP plus residual) X money factor

    Monthly Depreciation + Monthly Finance = Pre-tax monthly payment

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • crissinhocrissinho Posts: 2
    ZIP code 53211
  • MichaellMichaell ColoradoPosts: 158,547
    crissinho said:

    ZIP code 53211

    36/12
    .00108 and 56% / 55% for 1.5T / 2.0T
    $500 incentive

    Add 1% to residual for 10K

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • yshooter95yshooter95 Posts: 3
    2020 Honda Accord Touring 2.0T, zip code 75061, Residual and MF pls? 36/10k and 36/12k
  • kyfdxkyfdx Posts: 164,169

    2020 Honda Accord Touring 2.0T, zip code 75061, Residual and MF pls? 36/10k and 36/12k

    36/12
    .00108 MF and 56% residual
    $500 incentive

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • yshooter95yshooter95 Posts: 3
    Thank you for that, You mentioned a few weeks ago a .00087 MF for 75068 for the Touring 2.0T, does that still hold? Trying to depict this discrepancy because I can always drive to a different zipcode
  • kyfdxkyfdx Posts: 164,169

    Thank you for that, You mentioned a few weeks ago a .00087 MF for 75068 for the Touring 2.0T, does that still hold? Trying to depict this discrepancy because I can always drive to a different zipcode

    .00108 MF

    Everywhere

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • MichaellMichaell ColoradoPosts: 158,547
    kyfdx said:

    Thank you for that, You mentioned a few weeks ago a .00087 MF for 75068 for the Touring 2.0T, does that still hold? Trying to depict this discrepancy because I can always drive to a different zipcode

    .00108 MF

    Everywhere
    .00087 was the MF for June.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • wtrski6wtrski6 Posts: 2
    Hi, All! Thanks in advance for this forum being so helpful.

    Looking for guidance on a deal I'm trying to make on an Accord - this math looks to be a bit off.

    2020 Sport 2.0
    36 months, 12k miles
    57% residual
    .00108 MF

    MSRP $32,315
    Sales Price $29,303
    Fees $1,441.75
    Tax $1,327

    Monthly payment is quoted as $446.

    Zip code is 22901
  • MichaellMichaell ColoradoPosts: 158,547
    wtrski6 said:

    Hi, All! Thanks in advance for this forum being so helpful.

    Looking for guidance on a deal I'm trying to make on an Accord - this math looks to be a bit off.

    2020 Sport 2.0
    36 months, 12k miles
    57% residual
    .00108 MF

    MSRP $32,315
    Sales Price $29,303
    Fees $1,441.75
    Tax $1,327

    Monthly payment is quoted as $446.

    Zip code is 22901

    Are you paying the fees and taxes up front, or adding them into the payment.

    Using the given MSRP and sales price, I get $354/mo.

    If I add the fees/taxes to the selling price, $434/mo.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • wtrski6wtrski6 Posts: 2
    Michaell said:

    wtrski6 said:

    Hi, All! Thanks in advance for this forum being so helpful.

    Looking for guidance on a deal I'm trying to make on an Accord - this math looks to be a bit off.

    2020 Sport 2.0
    36 months, 12k miles
    57% residual
    .00108 MF

    MSRP $32,315
    Sales Price $29,303
    Fees $1,441.75
    Tax $1,327

    Monthly payment is quoted as $446.

    Zip code is 22901

    Are you paying the fees and taxes up front, or adding them into the payment.

    Using the given MSRP and sales price, I get $354/mo.

    If I add the fees/taxes to the selling price, $434/mo.
    I'll likely end up paying those upfront. They were built into the $446 number.

    Has the residual or MF changed for August? This doesn't look like a very good deal.

    Thanks!
  • kyfdxkyfdx Posts: 164,169
    wtrski6 said:

    Michaell said:

    wtrski6 said:

    Hi, All! Thanks in advance for this forum being so helpful.

    Looking for guidance on a deal I'm trying to make on an Accord - this math looks to be a bit off.

    2020 Sport 2.0
    36 months, 12k miles
    57% residual
    .00108 MF

    MSRP $32,315
    Sales Price $29,303
    Fees $1,441.75
    Tax $1,327

    Monthly payment is quoted as $446.

    Zip code is 22901

    Are you paying the fees and taxes up front, or adding them into the payment.

    Using the given MSRP and sales price, I get $354/mo.

    If I add the fees/taxes to the selling price, $434/mo.
    I'll likely end up paying those upfront. They were built into the $446 number.

    Has the residual or MF changed for August? This doesn't look like a very good deal.

    Thanks!
    The July programs run through August 31st

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • katy2018katy2018 Posts: 15
    Hi!

    Last month you all confirmed for me in zip code 66210 the MF on a Honda Accord Sport 2.0T was 0.00108 w RV of 55%. I wanted to check if the RV had changed at all this month for a 15k lease and assuming MF is the same - what would the RV be with everything the same except on a 12k and a 10k lease?
  • Tim5150Tim5150 Posts: 27
    Can I get MF/RV plus incentives for 2020 Accord with the 2.0T. 36/12. Zip Code 32578
    Touring
    EX-L

    Thanks!
  • katy2018katy2018 Posts: 15
    @Michaell Ok great, good to know. I will be back to check on Tuesday. Interestingly the dealer told me incentives for July run through August 31 - sounds like he was off base. Fingers crossed for some type of Accord incentive (That isn't the hybrid). Thanks for your help!

    Katy
  • MichaellMichaell ColoradoPosts: 158,547
    Tim5150 said:

    Can I get MF/RV plus incentives for 2020 Accord with the 2.0T. 36/12. Zip Code 32578
    Touring
    EX-L

    Thanks!

    .00108 and 55% / 56% for EX-L / Touring
    $500 incentive

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • kyfdxkyfdx Posts: 164,169
    katy2018 said:

    Hi!

    Last month you all confirmed for me in zip code 66210 the MF on a Honda Accord Sport 2.0T was 0.00108 w RV of 55%. I wanted to check if the RV had changed at all this month for a 15k lease and assuming MF is the same - what would the RV be with everything the same except on a 12k and a 10k lease?

    The July programs run through August 31st

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • kyfdxkyfdx Posts: 164,169
    katy2018 said:

    @Michaell Ok great, good to know. I will be back to check on Tuesday. Interestingly the dealer told me incentives for July run through August 31 - sounds like he was off base. Fingers crossed for some type of Accord incentive (That isn't the hybrid). Thanks for your help!

    Katy

    Your dealer is correct

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • katy2018katy2018 Posts: 15
    @Michaell

    Earlier this month for the 2020 Accord Sport 2.0T CVT you had given me:

    36/15
    .00108 MF
    55%
    $500 incentive
    I see $500 targeted loyalty, which means you need an invite from Honda to qualify (email or snail mail)

    What I need now for same car, same zip code is the RV for 36/12 and - was the $500 you noted above in addition to the $500 targeted loyalty or there is only one $500 incentive, and it is targeted?

    TIA!
  • kyfdxkyfdx Posts: 164,169
    katy2018 said:

    @Michaell

    Earlier this month for the 2020 Accord Sport 2.0T CVT you had given me:

    36/15
    .00108 MF
    55%
    $500 incentive
    I see $500 targeted loyalty, which means you need an invite from Honda to qualify (email or snail mail)

    What I need now for same car, same zip code is the RV for 36/12 and - was the $500 you noted above in addition to the $500 targeted loyalty or there is only one $500 incentive, and it is targeted?

    TIA!

    57% residual for 36/12

    The $500 incentive is a Honda to dealer incentive. Not connected to loyalty

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • katy2018katy2018 Posts: 15
    @kyfdx Thank you!
  • golaso17golaso17 Posts: 1
    edited August 4
    Can I get the MF, RV and Incentives on a 2020 Honda Accord LX and EX 1.5t for36 months, 12k miles, zip: 30324?

    Thanks in advance!
  • kyfdxkyfdx Posts: 164,169
    golaso17 said:

    Can I get the MF, RV and Incentives on a 2020 Honda Accord LX and EX 1.5t for36 months, 12k miles, zip: 30324?

    Thanks in advance!

    .00108 MF
    $500 incentive

    57%/56% residual for LX/EX

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • plampioneplampione Posts: 2
    Hi, appreciate the service here. Can you give me the numbers and incentives for the EX-L and Touring trim for 36/12 in 11021? Thanks
  • MichaellMichaell ColoradoPosts: 158,547
    plampione said:

    Hi, appreciate the service here. Can you give me the numbers and incentives for the EX-L and Touring trim for 36/12 in 11021? Thanks

    EX-L 2.0T?

    .00108 and 55% / 56% for EX-L / Touring
    $500 incentive

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • ansNVansNV NevadaPosts: 3
    Hello may I have the MF, RV and incentives:
    2020 Honda Accord
    Automatic - Sport 2.0 L & EX-L 2.0
    36mo/12k
    89113

    Much appreciated!
  • kyfdxkyfdx Posts: 164,169
    ansNV said:

    Hello may I have the MF, RV and incentives:
    2020 Honda Accord
    Automatic - Sport 2.0 L & EX-L 2.0
    36mo/12k
    89113

    Much appreciated!

    .00108 MF
    $500 incentive

    57%/55% residual for Sport/EXL

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Could I please have the MF, RV, and incentives for Sport 2.0T Automatic for 36/12 in 33578? Thanks!
  • MichaellMichaell ColoradoPosts: 158,547

    Could I please have the MF, RV, and incentives for Sport 2.0T Automatic for 36/12 in 33578? Thanks!

    .00108 and 57%
    $500 incentive

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Michaell said:

    Could I please have the MF, RV, and incentives for Sport 2.0T Automatic for 36/12 in 33578? Thanks!

    .00108 and 57%
    $500 incentive
    Thanks! what are the numbers on the 1.5 CVT (also Sport) for comparison?
  • kyfdxkyfdx Posts: 164,169

    Michaell said:

    Could I please have the MF, RV, and incentives for Sport 2.0T Automatic for 36/12 in 33578? Thanks!

    .00108 and 57%
    $500 incentive
    Thanks! what are the numbers on the 1.5 CVT (also Sport) for comparison?
    58%

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hi, would you send the MF, RV and incentives for the Sport 1.5CVT and 2.0L Auto for 36/10 in 92612?
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