2020 Honda Accord Lease

jhcars12jhcars12 Member Posts: 1
edited April 2020 in Honda
Hi, what is the MF, residual and lease or loyal credits (if any) for a 2020 Honda Accord basic, 36/12k. Zip 03063.

Thanks

Comments

  • kyfdxkyfdx Moderator Posts: 208,901
    jhcars12 said:

    Hi, what is the MF, residual and lease or loyal credits (if any) for a 2020 Honda Accord basic, 36/12k. Zip 03063.

    Thanks

    LX is the lowest trim. There is no "base"

    .00087 MF and 58% residual
    $500 incentive

    $1000 loyalty

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  • HDNCHDNC Member Posts: 8
    Hello, looking for MF, residual, incentives for 2020 Honda Accord LX 36/12k in 27705. Thanks
  • kyfdxkyfdx Moderator Posts: 208,901
    HDNC said:

    Hello, looking for MF, residual, incentives for 2020 Honda Accord LX 36/12k in 27705. Thanks

    .00087 MF and 58% residual
    $500 incentive

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  • NeepNeep Member Posts: 4
    edited August 2020
  • MichaellMichaell ColoradoModerator Posts: 207,895
    Neep said:
    2020
    .00108 and 57%
    $500 incentive

    No programs for the 2018 Accord.

    That's just an ad, not a true offer. And, I wouldn't start any lease with more than the first payment and DMV costs paid up front.

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  • NeepNeep Member Posts: 4
    Michaell said:



    2020
    .00108 and 57%
    $500 incentive

    No programs for the 2018 Accord.

    That's just an ad, not a true offer. And, I wouldn't start any lease with more than the first payment and DMV costs paid up front.

    Hi Mitchaell, thank you for the mf and rv. may i know what do you mean by not more than the first payment and dmv cost paid up front? Does this mean its possible to negotiate to pay the dmv spread along the monthly cost and what the catch of paying up front? Sorry it is my first time doing a lease.
  • MichaellMichaell ColoradoModerator Posts: 207,895
    Neep said:

    Michaell said:



    2020
    .00108 and 57%
    $500 incentive

    No programs for the 2018 Accord.

    That's just an ad, not a true offer. And, I wouldn't start any lease with more than the first payment and DMV costs paid up front.

    Hi Mitchaell, thank you for the mf and rv. may i know what do you mean by not more than the first payment and dmv cost paid up front? Does this mean its possible to negotiate to pay the dmv spread along the monthly cost and what the catch of paying up front? Sorry it is my first time doing a lease.
    You don't want to add the DMV costs to the monthly payment - that's a government fee, which is normally non-taxable.

    If you add it to the payment, it becomes taxable.

    Anything beyond the first and DMV would be lost if the car is stolen or totaled during the lease.

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  • NeepNeep Member Posts: 4
    Michaell said:


    You don't want to add the DMV costs to the monthly payment - that's a government fee, which is normally non-taxable.

    If you add it to the payment, it becomes taxable.

    Anything beyond the first and DMV would be lost if the car is stolen or totaled during the lease.

    How do you suggest to handle the DMV? So to be safe from totaled, etc. What are the fees that is safer to pay during the deal to drive off the car?
  • MichaellMichaell ColoradoModerator Posts: 207,895
    Neep said:

    Michaell said:


    You don't want to add the DMV costs to the monthly payment - that's a government fee, which is normally non-taxable.

    If you add it to the payment, it becomes taxable.

    Anything beyond the first and DMV would be lost if the car is stolen or totaled during the lease.

    How do you suggest to handle the DMV? So to be safe from totaled, etc. What are the fees that is safer to pay during the deal to drive off the car?
    Pay the DMV when you sign the paperwork. That, and the first payment, should be the only monies you fork over at signing.

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  • NeepNeep Member Posts: 4
    Michaell said:


    Pay the DMV when you sign the paperwork. That, and the first payment, should be the only monies you fork over at signing.

    First payment includes down payment? Or the first month fee?

  • MichaellMichaell ColoradoModerator Posts: 207,895
    Neep said:

    Michaell said:


    Pay the DMV when you sign the paperwork. That, and the first payment, should be the only monies you fork over at signing.

    First payment includes down payment? Or the first month fee?

    There is no down payment. What you should pay at signing:
    1. First payment
    2. DMV costs

    Everything else (fees, taxes on incentives, etc) should be added to the selling price and made part of the monthly payment.

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  • Taylor414ceTaylor414ce Member Posts: 12
    Hi,

    MF, Residual, and incentives for:

    2020 Accord 1.5T LX and 1.5T Sport

    36/12 and 36/10

    Zip 98683

    Thank you!
  • MichaellMichaell ColoradoModerator Posts: 207,895

    Hi,

    MF, Residual, and incentives for:

    2020 Accord 1.5T LX and 1.5T Sport

    36/12 and 36/10

    Zip 98683

    Thank you!

    36/12
    .00108 and 57% / 58% for LX / Sport
    $500 incentive

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