2014 Honda Accord Lease Questions

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  • MichaellMichaell Moderator Posts: 259,995

    @BBshore said:
    Can I get RV and MF for a 14 Accord Coupe EX Manual in Indiana please? Both the 36/12K and 36/15K. Thanks.

    53% for 36/15. Add 2% for 12K.

    MF is .00026 with $1200 lease cash on the coupe.

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  • petryskinpetryskin Member Posts: 8

    Are the residuals on the 2015 models expected to be higher (vs 2014 now) once they come out, since technically those cars will be newer when they're turned in?

  • MichaellMichaell Moderator Posts: 259,995

    @petryskin said:
    Are the residuals on the 2015 models expected to be higher (vs 2014 now) once they come out, since technically those cars will be newer when they're turned in?

    Generally, I would say yes. By how much is anyone's guess.

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  • BBshoreBBshore Member Posts: 24

    @Michaell said:
    MF is .00026 with $1200 lease cash on the coupe.

    Thanks a million!

  • tjm111tjm111 Member Posts: 60

    I noticed that there is $500 loyalty cash and $850 lease cash. Will the dealers offer both of just one?

  • drd7drd7 Member Posts: 5
    edited August 2014

    Hello guys, does anybody have the MF/Residual/good monthly pymnt, on a new 2014 Accord 2DR Coupe (I4) LX-S for 36 months 12k miles, in Southern California?
    Current offer: MSRP 24,201, 1000dp, residual $13895.75, monthly $307/ 12k 36month lease. I have really good credit score. I really appreciate any help. thanks!

  • kyfdxkyfdx Moderator Posts: 262,177

    @tjm111 said:
    I noticed that there is $500 loyalty cash and $850 lease cash. Will the dealers offer both of just one?

    Sorry...don't have that information.

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  • kyfdxkyfdx Moderator Posts: 262,177

    @drd7 said:
    Hello guys, does anybody have the MF/Residual/good monthly pymnt, on a new 2014 Accord 2DR Coupe (I4) LX-S for 36 months 12k miles, in Southern California?
    Current offer: MSRP 24,201, 1000dp, residual $13895.75, monthly $307/ 12k 36month lease. I have really good credit score. I really appreciate any help. thanks!

    .00026 MF and 55% residual. $1200 lease cash.

    Are you sure that $24,201 isn't the selling price? The only MSRP that works with that residual is $25,265. So, either your MSRP or your residual amount is incorrect.

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  • drd7drd7 Member Posts: 5
    edited August 2014

    @kyfdx said:
    Are you sure that $24,201 isn't the selling price? The only MSRP that works with that residual is $25,265. So, either your MSRP or your residual amount is incorrect.

    I just double checked my numbers, the Residual value is correct, So I have to assume that the MSRP was $25, 265, as you stated above. Seems a bit high.

  • drd7drd7 Member Posts: 5
    edited August 2014

    @kyfdx said:
    Are you sure that $24,201 isn't the selling price? The only MSRP that works with that residual is $25,265. So, either your MSRP or your residual amount is incorrect.

    MSRP is $25,265. Just to clarify, with those numbers at 307/month is that considered a good deal? Thanks for the input!

  • kyfdxkyfdx Moderator Posts: 262,177

    I get about $296/mo.+ tax.. but, yeah.. that seems high. Considering the $1200 dealer lease cash on this model, the discount the dealer is giving is effectively zero.

    I know the coupe is not the big seller that the sedan is, and may not get the same discounts, but there should be discounts available. You are basically paying MSRP minus the incentive, when you should be closer to Invoice minus the incentive.

    Every $1000 that you lower the sale price, saves $28/mo. on the lease payment.

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  • cesarbcesarb Member Posts: 21

    can you post MF and RV for 2014 Accord Sport 36mo/10k and 36mo/12k thanks

  • cesarbcesarb Member Posts: 21

    for got to mention is a Accord automatic trans

  • cesarbcesarb Member Posts: 21

    I live in michigan sorry forgot all the details

  • MichaellMichaell Moderator Posts: 259,995

    @cesarb said:
    can you post MF and RV for 2014 Accord Sport 36mo/10k and 36mo/12k thanks; in Michigan

    36/12 RV is 56%. Honda does not support 10k leases.

    MF in Michigan is .00026 and $850 lease cash.

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  • johnz13johnz13 Member Posts: 2

    Hi, can you please post the MF and RV for the 2014 Honda Accord EX-L V-6 (w/o Nav) - 36 mo / 12k in Ohio?

    Thanks!

  • sleepychaisleepychai Member Posts: 3
    Can I get the mf and residual on a 2014 accord ex-l w/navi for Arizona? 3 years and 12k miles/year. Thanks!!!!
  • cb4d1cb4d1 Member Posts: 19

    Can I get 2 year and 3 year MF and residual for a 2014 Accord Coupe EX-L (no nav) in Southern California? Thanks!

  • MichaellMichaell Moderator Posts: 259,995
    edited August 2014

    @johnz13 said:
    Hi, can you please post the MF and RV for the 2014 Honda Accord EX-L V-6 (w/o Nav) - 36 mo / 12k in Ohio?

    Thanks!

    54% and .00026. $1200 lease cash,

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  • MichaellMichaell Moderator Posts: 259,995
    edited August 2014

    @sleepychai said:
    Can I get the mf and residual on a 2014 accord ex-l w/navi for Arizona? 3 years and 12k miles/year. Thanks!!!!

    53% and .00026. $850 lease cash.

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  • MichaellMichaell Moderator Posts: 259,995

    @cb4d1 said:
    Can I get 2 year and 3 year MF and residual for a 2014 Accord Coupe EX-L (no nav) in Southern California? Thanks!

    24/15 - 58%

    36/15 - 51%

    MF is .00026 and $1200 lease cash on the coupes this month.

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  • drd7drd7 Member Posts: 5
    edited August 2014

    @kyfdx said:
    I get about $296/mo.+ tax.. but, yeah.. that seems high. Considering the $1200 dealer lease cash on this model, the discount the dealer is giving is effectively zero.

    I know the coupe is not the big seller that the sedan is, and may not get the same discounts, but there should be discounts available. You are basically paying MSRP minus the incentive, when you should be closer to Invoice minus the incentive.

    Every $1000 that you lower the sale price, saves $28/mo. on the lease payment.

    Ok i see. My last question is, well my brother went on and signed the lease yesterday at this price, he didn't wait for me to do this research, but has yet to sign the financial papers. He has only signed the lease papers and today he is going in to sign the finance documents. Can he refuse to sign the finance papers? and have them take the car back. How will this affect his credit. I am not sure if this can be answered here, but either way thank you very much for your feedback. Also just to note, I know there is no cooling off period in CA, im just trying to find a loophole if possible.

  • kyfdxkyfdx Moderator Posts: 262,177

    Did he take delivery? If so, then the deal is done. Either way, it wouldn't be right to back out now...

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  • drd7drd7 Member Posts: 5
    edited August 2014

    @kyfdx said:
    Did he take delivery? If so, then the deal is done. Either way, it wouldn't be right to back out now...

    Thank you for your quick response. I would like to share that fortunately the dealership made an error on the contract so now they are willing to renegotiate the entire deal! For the 2014 Honda Accord 2dr coupe Lx-s, what would be a great monthly payment, MF, Residual, etc.... Thank you very very much, you've been great help to us new time leasers, in this great learning experience! Also the MSRP they claim to be for this vehicle is $25,625

  • kyfdxkyfdx Moderator Posts: 262,177

    I'd want to be around $250-$260 per month, plus tax.

    Provided the money factor and residual in the previous post

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  • holdyourfireholdyourfire Member Posts: 10

    Hi, could i get the money factor and residual for an accord EX-L Coupe, 12k miles per year, 36 months in Pennsylvania?. thanks.

  • kyfdxkyfdx Moderator Posts: 262,177

    @holdyourfire said:
    Hi, could i get the money factor and residual for an accord EX-L Coupe, 12k miles per year, 36 months in Pennsylvania?. thanks.

    .00026 MF and 53% residual. $1200 lease cash.

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  • justasking2justasking2 Member Posts: 8

    Hi, can you provide MF and RV for a 2014 Accord Sport Sedan Manual, 12k miles per year, 24 and 36 months, in North Carolina, please? Thanks!

  • MichaellMichaell Moderator Posts: 259,995

    @justasking2 said:
    Hi, can you provide MF and RV for a 2014 Accord Sport Sedan Manual, 12k miles per year, 24 and 36 months, in North Carolina, please? Thanks!

    24/12 - 62%

    36/12 - 56%

    MF is .00074 and $850 lease cash.

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  • loud0g40ozloud0g40oz Member Posts: 81
    edited August 2014

    Getting close to finalizing a deal with the dealer. Looking at 14 Accord EX-L sedan non navi in OC, ca

    Deal: 24 month lease 15k/year So Cal sales tax 8% MF .00026

    MSRP: 29060
    Sales Price: 25200
    Lease Cash (850)
    Loyalty Reb (500)
    Net Sale Price 23850
    Residual: 17145.40 (59%)
    Acquisition 595
    License/Misc 405
    Net Cap Cost: 24750

    Monthly payment: $353.99 x24

    Due at signing: $353.99 (first payment)

    Could also back out to a 36/15 lease for $291.72/mo. There's a dollar or 2 here or there because of fee fluctuations, but the bulk of the deal is there.

    I think it's getting close...my target was $350/mo nothing but first payment out of pocket, which assumed a $24250 sale price incl lease cash, then the $500 loyalty rebate for a net $23750 sale price. I'm $100 off that right now.

  • zman302zman302 Member Posts: 6

    Hi, can you please post the residual and money factor for the following cars in NY:

    1. 2014 Accord EX-L Coupe V6 Manual Transmission - NO NAV
    2. 2014 Accord EX-L Coupe V6 Manual Transmission - WITH NAV

    This is for a 36/12K lease. I am also curious what the money factor is for a "one-pay" lease.

    Thanks!

  • MichaellMichaell Moderator Posts: 259,995

    @zman302 said:
    Hi, can you please post the residual and money factor for the following cars in NY:

    1. 2014 Accord EX-L Coupe V6 Manual Transmission - NO NAV

    52%

    1. 2014 Accord EX-L Coupe V6 Manual Transmission - WITH NAV

    50%

    This is for a 36/12K lease. I am also curious what the money factor is for a "one-pay" lease.

    .00026 MF and $1200 lease cash on the coupes. I don't believe Honda offers a "one-pay" lease.

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  • zman302zman302 Member Posts: 6

    @Michaell said:

    .00026 MF and $1200 lease cash on the coupes. I don't believe Honda offers a "one-pay" lease.

    Thanks for the info! Here is the info I found on one-pay lease: hondafinancialservices.com/leasing/one-pay-lease-faqs

  • MichaellMichaell Moderator Posts: 259,995

    @zman302 said:
    Thanks for the info! Here is the info I found on one-pay lease: hondafinancialservices.com/leasing/one-pay-lease-faqs

    Thank you for the link! What it doesn't say is what the discount is from the base MF (not that I'm surprised)

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  • loud0g40ozloud0g40oz Member Posts: 81

    Dealer is quoting 60% 24/15 residual for 2014 accord ex-l sedan 4 cyl. I thought it was 59%. What's the current 36/15 and 24/15 residuals on this model in ca?

  • kyfdxkyfdx Moderator Posts: 262,177

    @loud0g40oz said:
    Dealer is quoting 60% 24/15 residual for 2014 accord ex-l sedan 4 cyl. I thought it was 59%. What's the current 36/15 and 24/15 residuals on this model in ca?

    60% and 53%

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  • sajib666sajib666 Member Posts: 2

    Hi! Everyone, I find this forum very useful to buy the Honda accord. So, I really need some help and suggestion on leasing a Honda accord 2014 LX. I am in Hollis, new york and I was just wondering which dealer can give me best rate and how much should I pay. I would really appreciate all of your help and suggestion.

  • MichaellMichaell Moderator Posts: 259,995

    @sajib666 said:
    Hi! Everyone, I find this forum very useful to buy the Honda accord. So, I really need some help and suggestion on leasing a Honda accord 2014 LX. I am in Hollis, new york and I was just wondering which dealer can give me best rate and how much should I pay. I would really appreciate all of your help and suggestion.

    You can check the "Accord Prices Paid" forum for great information on Accord pricing and dealers that will give you the best deal without the hassle.

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  • sweets1180sweets1180 Member Posts: 21

    Hi! In negotiations via email with a Delaware dealer for a 2014 Honda Accord Sedan EX-L w/Navi. for $26,632 (MSRP is like $30k). Dealer gave $3200 off + $500 for recent grad + $500 for Acura/Honda loyalty. 36 Mo. Lease, 15k mi/year, Only 1st payment due @ signing, $399/mo.

    Is this a deal? Dealer says MF is .00026. I was shooting for $300/mo since I am currently in a '12 Acura TL lease for $400/mo, 15k mi/yr. I did have a trade-in worth $3500 at the time. I really would like to save on the payment, and would prefer not to put money down. Think I can get it down to $300/mo? Dealer says if I pay tax/tags it'll drop the payment. Any suggestions on negotiating this further?

  • noclue1911noclue1911 Member Posts: 52

    Hi,

    Searched a little bit. Was looking for lease figures for an Accord Touring V6 here in NC. 36/12. I have no trade. First time Honda Leasee. Thanks for the help!

  • kyfdxkyfdx Moderator Posts: 262,177

    @noclue1911 said:
    Hi,

    Searched a little bit. Was looking for lease figures for an Accord Touring V6 here in NC. 36/12. I have no trade. First time Honda Leasee. Thanks for the help!

    .00074 MF and 51% residual. $1200 lease cash.

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  • nt7001nt7001 Member Posts: 21

    Can you give me the 3yr/36,000 mile lease MF and RV for a 2014 Accord Sedan EX-L no-Nav in South Florida? Thanks

  • kyfdxkyfdx Moderator Posts: 262,177

    @nt7001 said:
    Can you give me the 3yr/36,000 mile lease MF and RV for a 2014 Accord Sedan EX-L no-Nav in South Florida? Thanks

    .00026 MF and 55% residual. $850 lease cash

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  • swolfsonswolfson Member Posts: 8

    I am looking to lease a 2014 accord 4dr EX in Texas. I'm looking to get 36 months / 15,000 miles a year. Can I get the MF and RV for this car. The MSRP at the dealership is $25,878. They are offering me $289 with $1,000 down. I need to know what the current Money Factor and Residual Values are to see if this is the best deal I can get.

  • MichaellMichaell Moderator Posts: 259,995

    @swolfson said:
    I am looking to lease a 2014 accord 4dr EX in Texas. I'm looking to get 36 months / 15,000 miles a year. Can I get the MF and RV for this car. The MSRP at the dealership is $25,878. They are offering me $289 with $1,000 down. I need to know what the current Money Factor and Residual Values are to see if this is the best deal I can get.

    55% residual and .00074 MF. $850 lease cash.

    Be advised that in Texas, sales tax is applied to the entire selling price of the car, not just the monthly payment. What is the selling price and tax rate?

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  • sunnyfl12sunnyfl12 Member Posts: 11

    Looking into Leasing for the 1st time and need some guidance. I am looking at 2014 Accord Sedan EX in South Florida - very limited quantities in my area. Listing price online is $26,470.00. Contacted the dealership for best price. They are wanted to know if it is a lease or buy - shouldn't that make no difference on the sale price???

  • MichaellMichaell Moderator Posts: 259,995

    @sunnyfl12 said:
    Looking into Leasing for the 1st time and need some guidance. I am looking at 2014 Accord Sedan EX in South Florida - very limited quantities in my area. Listing price online is $26,470.00. Contacted the dealership for best price. They are wanted to know if it is a lease or buy - shouldn't that make no difference on the sale price???

    I suspect that the offer they make you will include all available incentives, which are different for purchases and leases. Only $850 lease cash available on the Accord this month.

    Use the pricing tools at the top of the page to figure out your target price. Over on the Accord Prices Paid thread folks are getting $1-2K below invoice.

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  • sunnyfl12sunnyfl12 Member Posts: 11
    edited August 2014

    Thank you @Michaell...dealership does not want to deal on email - wants me to bring in my trade in and they are telling me that the lease specials change from week to week.....told me about LX is 1999 down & 199 per month on 12k/36. Basically they want me to say how much I want to put down and then they will talk.

  • MichaellMichaell Moderator Posts: 259,995

    @sunnyfl12 said:
    Thank you Michaell...dealership does not want to deal on email - wants me to bring in my trade in and they are telling me that the lease specials change from week to week.....told me about LX is 1999 down & 199 per month on 12k/36. Basically they want me to say how much I want to put down and then they will talk.

    The Honda numbers are good until 9/2; it sounds like the dealer is creating an artificial deadline to get you to commit as quickly as possible.

    Your goal is to put down the first payment and any necessary up front taxes and fees only.

    Might be time to reach out to another Honda dealer ... competition only helps the consumer.

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  • sweets1180sweets1180 Member Posts: 21

    @sunnyfl12 said:
    Thank you Michaell...dealership does not want to deal on email - wants me to bring in my trade in and they are telling me that the lease specials change from week to week.....told me about LX is 1999 down & 199 per month on 12k/36. Basically they want me to say how much I want to put down and then they will talk.

    I would tell them that you aren't putting down anything. Just focus on getting the sales price down. And they should be able to provide info via email...they don't like to but they can. I just had to put my foot down with a dealership this week that pretended I needed to come in and test drive to get a quote....so they can do their song and dance. I demanded a quote via email so "I could compare to other local dealerships. I will not come in until I know you have a figure worth my while". They folded and sent.

    Also, that LX with $2k down sounds a bit pricey to me. No navi or options? People on here pay about that with no money down. You may want to check the sales price. I have offers for a EX-L with Navi for $26k. And the Honda lease specials are good at least until months end...but I'm sure someone on this forum can confirm. Honda's been promoting the clearance specials themselves, so call their bluff on that. Maybe they mean the dealer incentives change? There is a lot of info on here that will help you. The dealer you are dealing with sounds suspicious. Good luck!

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