2023 Honda Accord Lease Deals and Prices

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Comments

  • MichaellMichaell Moderator Posts: 259,998
    23vince98 said:

    Hi, first time potentially leasing but have done a lot of homework over the past week. I've been looking at a 2023 Honda Accord Sedan LX at a 36 month/10,000 annual mileage lease around zip code 10306, NYC. What would be the money factor and residual value?

    After visiting a handful of dealers in my area, I have found a deal for $249 at 36 months, $2995 down (no incentives or trade in). This dealer is adding no AMV to the MSRP on this lease deal. Is this a really good deal or am I calculating the MF or something else incorrectly? Thank you very much in advance!

    That is a 3rd party lease.

    Even when amortizing the down payment, that works out to about $330/mo, which is not bad for a $28K car in the current market.

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  • 23vince9823vince98 Member Posts: 4
    Michaell said:

    23vince98 said:

    Hi, first time potentially leasing but have done a lot of homework over the past week. I've been looking at a 2023 Honda Accord Sedan LX at a 36 month/10,000 annual mileage lease around zip code 10306, NYC. What would be the money factor and residual value?

    After visiting a handful of dealers in my area, I have found a deal for $249 at 36 months, $2995 down (no incentives or trade in). This dealer is adding no AMV to the MSRP on this lease deal. Is this a really good deal or am I calculating the MF or something else incorrectly? Thank you very much in advance!

    That is a 3rd party lease.

    Even when amortizing the down payment, that works out to about $330/mo, which is not bad for a $28K car in the current market.
    Thanks for the reply! This is coming straight from a Honda dealership in NYC, and I was surprised to see no AMV at all. The sales rep told me that they are putting this out as a "very competitive deal" compared to everyone else. Since he didn't give me the RV, I plugged 62% seeing as 3 year/10k leases seem to always have that figure for this model. If everything else stands and they don't add any surprise fees, isn't the MF/APR extremely low even compared to the "base Honda MF"? I will be going tomorrow to get more information and make a decision, but this is so far the best pricing I've seen around NYC/NJ by a long shot.
  • MichaellMichaell Moderator Posts: 259,998
    23vince98 said:

    Michaell said:

    23vince98 said:

    Hi, first time potentially leasing but have done a lot of homework over the past week. I've been looking at a 2023 Honda Accord Sedan LX at a 36 month/10,000 annual mileage lease around zip code 10306, NYC. What would be the money factor and residual value?

    After visiting a handful of dealers in my area, I have found a deal for $249 at 36 months, $2995 down (no incentives or trade in). This dealer is adding no AMV to the MSRP on this lease deal. Is this a really good deal or am I calculating the MF or something else incorrectly? Thank you very much in advance!

    That is a 3rd party lease.

    Even when amortizing the down payment, that works out to about $330/mo, which is not bad for a $28K car in the current market.
    Thanks for the reply! This is coming straight from a Honda dealership in NYC, and I was surprised to see no AMV at all. The sales rep told me that they are putting this out as a "very competitive deal" compared to everyone else. Since he didn't give me the RV, I plugged 62% seeing as 3 year/10k leases seem to always have that figure for this model. If everything else stands and they don't add any surprise fees, isn't the MF/APR extremely low even compared to the "base Honda MF"? I will be going tomorrow to get more information and make a decision, but this is so far the best pricing I've seen around NYC/NJ by a long shot.
    Yes, the MF is what tipped me off to the fact that this isn't from Honda Finance. That's pretty common to find in NY.

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  • 23vince9823vince98 Member Posts: 4
    Michaell said:

    23vince98 said:

    Michaell said:

    23vince98 said:

    Hi, first time potentially leasing but have done a lot of homework over the past week. I've been looking at a 2023 Honda Accord Sedan LX at a 36 month/10,000 annual mileage lease around zip code 10306, NYC. What would be the money factor and residual value?

    After visiting a handful of dealers in my area, I have found a deal for $249 at 36 months, $2995 down (no incentives or trade in). This dealer is adding no AMV to the MSRP on this lease deal. Is this a really good deal or am I calculating the MF or something else incorrectly? Thank you very much in advance!

    That is a 3rd party lease.

    Even when amortizing the down payment, that works out to about $330/mo, which is not bad for a $28K car in the current market.
    Thanks for the reply! This is coming straight from a Honda dealership in NYC, and I was surprised to see no AMV at all. The sales rep told me that they are putting this out as a "very competitive deal" compared to everyone else. Since he didn't give me the RV, I plugged 62% seeing as 3 year/10k leases seem to always have that figure for this model. If everything else stands and they don't add any surprise fees, isn't the MF/APR extremely low even compared to the "base Honda MF"? I will be going tomorrow to get more information and make a decision, but this is so far the best pricing I've seen around NYC/NJ by a long shot.
    Yes, the MF is what tipped me off to the fact that this isn't from Honda Finance. That's pretty common to find in NY.
    I see, good to know. Is there anything "wrong" with having a lender that's not HFS or things I should watch out for and ask the dealership about? I am hoping that the rep honours this price as I am almost ready to go for it.
  • kyfdxkyfdx Moderator Posts: 262,184
    23vince98 said:

    Michaell said:

    23vince98 said:

    Michaell said:

    23vince98 said:

    Hi, first time potentially leasing but have done a lot of homework over the past week. I've been looking at a 2023 Honda Accord Sedan LX at a 36 month/10,000 annual mileage lease around zip code 10306, NYC. What would be the money factor and residual value?

    After visiting a handful of dealers in my area, I have found a deal for $249 at 36 months, $2995 down (no incentives or trade in). This dealer is adding no AMV to the MSRP on this lease deal. Is this a really good deal or am I calculating the MF or something else incorrectly? Thank you very much in advance!

    That is a 3rd party lease.

    Even when amortizing the down payment, that works out to about $330/mo, which is not bad for a $28K car in the current market.
    Thanks for the reply! This is coming straight from a Honda dealership in NYC, and I was surprised to see no AMV at all. The sales rep told me that they are putting this out as a "very competitive deal" compared to everyone else. Since he didn't give me the RV, I plugged 62% seeing as 3 year/10k leases seem to always have that figure for this model. If everything else stands and they don't add any surprise fees, isn't the MF/APR extremely low even compared to the "base Honda MF"? I will be going tomorrow to get more information and make a decision, but this is so far the best pricing I've seen around NYC/NJ by a long shot.
    Yes, the MF is what tipped me off to the fact that this isn't from Honda Finance. That's pretty common to find in NY.
    I see, good to know. Is there anything "wrong" with having a lender that's not HFS or things I should watch out for and ask the dealership about? I am hoping that the rep honours this price as I am almost ready to go for it.
    At lease end, a local bank or credit union may not be as forgiving as a captive lender. Also, you'll likely forego any loyalty perks from Honda, if you want to lease or buy another one.

    Some 3rd party banks may have egregious lease-end conditions. You'll have to read the contract.

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  • Mikey_46Mikey_46 Member Posts: 8
    edited May 2023
    Hi! Can I get the MF and Residual for a Accord LX 10k/36 in 76003 and a
    Accord Hybrid Sport 10k/36 in 76003
  • MichaellMichaell Moderator Posts: 259,998
    Mikey_46 said:

    Hi! Can I get the MF and Residual for a Accord LX 10k/36 in 76003 and a
    Accord Hybrid Sport 10k/36 in 76003

    .00226 MF
    62% RV

    Either model

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  • MacDioMacDio Member Posts: 3
    Hoping to get the MF and Residual for 12k/36mo 03079
    Accord Touring and Touring Hybrid
  • kyfdxkyfdx Moderator Posts: 262,184
    MacDio said:

    Hoping to get the MF and Residual for 12k/36mo 03079
    Accord Touring and Touring Hybrid

    I don't see a Touring trim on the gas model

    But, all gas trims: .00204 MF and 61% residual

    Hybrid Touring: .00204 MF and 59% residual

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  • MacDioMacDio Member Posts: 3
    kyfdx said:

    MacDio said:

    Hoping to get the MF and Residual for 12k/36mo 03079
    Accord Touring and Touring Hybrid

    I don't see a Touring trim on the gas model

    But, all gas trims: .00204 MF and 61% residual

    Hybrid Touring: .00204 MF and 59% residual
    Thank you very much!
  • B12345B12345 Member Posts: 8

    Can I get the MF and RV for the accord hybrids 10/24, 12/24, 10/36, 12/36 zip code 07660?

    Thanks!

  • MichaellMichaell Moderator Posts: 259,998
    B12345 said:

    Can I get the MF and RV for the accord hybrids 10/24, 12/24, 10/36, 12/36 zip code 07660?

    Thanks!

    .00204 MF
    Touring - 65% / 59% for 24/36 and 12K
    EX-L - 66% / 60%
    Sport / Sport-L - 67% / 61%

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  • bkk1690bkk1690 Member Posts: 5
    Hi! Can I get the MF and Residual for a Accord EX 12k/36 in 90046 and a
    Accord Hybrid Sport 12k/36 in 90046

    thanks!
  • MichaellMichaell Moderator Posts: 259,998
    bkk1690 said:

    Hi! Can I get the MF and Residual for a Accord EX 12k/36 in 90046 and a
    Accord Hybrid Sport 12k/36 in 90046

    thanks!

    .00204 MF
    61% residual

    Either model

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  • dr42ixdr42ix Member Posts: 23
    Can I please get RV, MF, and incentives for Accord EX for 36/10k. Does Honda have 7.5k lease? If so please send 36/7.5. Virginia, 22206
  • MichaellMichaell Moderator Posts: 259,998
    dr42ix said:

    Can I please get RV, MF, and incentives for Accord EX for 36/10k. Does Honda have 7.5k lease? If so please send 36/7.5. Virginia, 22206

    36/10
    .00226 MF and 62% RV
    No lease incentives

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  • FrankAccord23FrankAccord23 Member Posts: 5

    Hello.

    Can I get MF and residual for 23’ Accord Sport Hybrid 36/12k, Zip: 33065
    Thanks!

  • MichaellMichaell Moderator Posts: 259,998

    Hello.

    Can I get MF and residual for 23’ Accord Sport Hybrid 36/12k, Zip: 33065

    Thanks!

    .00204 MF and 61% residual

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  • FrankAccord23FrankAccord23 Member Posts: 5

    Thanks! I’m being offered $2500 down and $479/mo tax in. Is that any good?

  • MichaellMichaell Moderator Posts: 259,998

    Thanks! I’m being offered $2500 down and $479/mo tax in. Is that any good?

    MSRP?
    Selling price?
    Adjusted cap cost?

    $2500 all in, or $2500 plus first payment, etc.?

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  • mhynsmhyns Member Posts: 4
    Hi,

    Trim: 2023 Accord Hybrid Touring
    36m/15k
    Zipcode: 07874

    Thank you
  • kyfdxkyfdx Moderator Posts: 262,184
    mhyns said:

    Hi,

    Trim: 2023 Accord Hybrid Touring
    36m/15k
    Zipcode: 07874

    Thank you

    .00204 MF and 57% residual

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  • FrankAccord23FrankAccord23 Member Posts: 5

    @Michaell said:
    MSRP?
    Selling price?
    Adjusted cap cost?

    $2500 all in, or $2500 plus first payment, etc.?

    Thanks for your help. 2500 all in, includes first payment.

    MSRP - 32,895
    Selling price $33,160 (MSRP + Tint, wheel locks, mudguard, trunk tray)
    Adjusted Cap Cost - $32,383.51

  • MichaellMichaell Moderator Posts: 259,998

    @Michaell said:

    MSRP?

    Selling price?

    Adjusted cap cost?

    $2500 all in, or $2500 plus first payment, etc.?

    Thanks for your help. 2500 all in, includes first payment.

    MSRP - 32,895

    Selling price $33,160 (MSRP + Tint, wheel locks, mudguard, trunk tray)

    Adjusted Cap Cost - $32,383.51


    Looks about right, for FL.

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  • FrankAccord23FrankAccord23 Member Posts: 5

    @Michaell said:
    Looks about right, for FL.

    Thanks. So anything below that would be purely a bonus?

  • MichaellMichaell Moderator Posts: 259,998

    @Michaell said:

    Looks about right, for FL.

    Thanks. So anything below that would be purely a bonus?


    The only way to improve on the deal is to negotiate a lower selling price.

    Have you shopped around?

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  • FrankAccord23FrankAccord23 Member Posts: 5

    @Michaell said:
    The only way to improve on the deal is to negotiate a lower selling price.

    Have you shopped around?

    I haven’t really no. It is a dealer ive purchased from several times but now that you’ve helped me out and I know what number to focus on I’ll shop it around or offer them a lower selling price

  • dhinla49dhinla49 Member Posts: 11
    Hi - I'm interested in an Accord Hybrid EX-L (2023). I know some of these models have the blind spot technology and some do not. I see a lot of different acronyms on dealer sites and it is hard to know if this means the car does or does not have the full technology safety package. Could you please give some insight into the acronyms and their meaning? BD is one, but I've seen a much longer one, as well. Thanks!
  • kyfdxkyfdx Moderator Posts: 262,184
    dhinla49 said:

    Hi - I'm interested in an Accord Hybrid EX-L (2023). I know some of these models have the blind spot technology and some do not. I see a lot of different acronyms on dealer sites and it is hard to know if this means the car does or does not have the full technology safety package. Could you please give some insight into the acronyms and their meaning? BD is one, but I've seen a much longer one, as well. Thanks!

    w/o BSI means it's missing the chip.
    BSI would mean it has it.

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  • JRu999JRu999 Member Posts: 4

    I am looking at Honda accord hybrid touring 2023
    36/7500 miles

    Could you please provide mf and residual please and any incentives?

  • MichaellMichaell Moderator Posts: 259,998
    JRu999 said:

    I am looking at Honda accord hybrid touring 2023

    36/7500 miles

    Could you please provide mf and residual please and any incentives?

    What is your location?

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  • JRu999JRu999 Member Posts: 4

    Naples florida
    34110.

  • MichaellMichaell Moderator Posts: 259,998
    JRu999 said:

    I am looking at Honda accord hybrid touring 2023

    36/7500 miles

    Could you please provide mf and residual please and any incentives?

    JRu999 said:

    Naples florida

    34110.

    36/10
    .00204 MF and 60% RV
    $750 dealer cash

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  • joeynycjoeynyc Member Posts: 28
    edited June 2023

    can i please have MF and residual for accord hybrid sport L 36/10 and 36/12 ny 11001
    thank you

  • kyfdxkyfdx Moderator Posts: 262,184
    joeynyc said:

    can i please have MF and residual for accord hybrid sport L 36/10 and 36/12 ny 11001

    thank you

    36/12
    .00204 MF and 61% residual

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  • distortionggdistortiongg Member Posts: 14
    Hi,
    I'm looking for MF, RV, and Incentives for:
    -Accord Hybrid Sport L and same model with BSI? zip 22153.
    -36/10, 36/12

    Thank you!
  • kyfdxkyfdx Moderator Posts: 262,184

    Hi,
    I'm looking for MF, RV, and Incentives for:
    -Accord Hybrid Sport L and same model with BSI? zip 22153.
    -36/10, 36/12

    Thank you!

    36/12
    .00226 MF and 61% residual
    No lease incentives

    with or without

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  • distortionggdistortiongg Member Posts: 14
    kyfdx said:

    Hi,
    I'm looking for MF, RV, and Incentives for:
    -Accord Hybrid Sport L and same model with BSI? zip 22153.
    -36/10, 36/12

    Thank you!

    36/12
    .00226 MF and 61% residual
    No lease incentives

    with or without
    Hi, do you have 36/10 as well?

    And is the Sport model any different numbers than Sport L, for the same?

    Thank you!
  • MichaellMichaell Moderator Posts: 259,998

    kyfdx said:

    Hi,
    I'm looking for MF, RV, and Incentives for:
    -Accord Hybrid Sport L and same model with BSI? zip 22153.
    -36/10, 36/12

    Thank you!

    36/12
    .00226 MF and 61% residual
    No lease incentives

    with or without
    Hi, do you have 36/10 as well?

    And is the Sport model any different numbers than Sport L, for the same?

    Thank you!
    62% residual for 36/10

    Sport and Sport-L have the same programs

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  • acastro06acastro06 Member Posts: 36
    Hello there!

    Could I please have the MF, Residual % and cash incentives for:

    2023 Honda Accord Sport Sedan

    - 36/10k

    - 36/12k

    Zip code: 10606
  • MichaellMichaell Moderator Posts: 259,998
    acastro06 said:

    Hello there!

    Could I please have the MF, Residual % and cash incentives for:

    2023 Honda Accord Sport Sedan

    - 36/10k

    - 36/12k

    Zip code: 10606

    36/12
    .00204 MF and 61% residual
    No lease incentives

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  • acastro06acastro06 Member Posts: 36
    Hello there!

    Could I please have the MF, Residual % and cash incentives for:

    2023 Honda Accord EX and LX

    - 36/10k

    - 36/12k
  • kyfdxkyfdx Moderator Posts: 262,184
    acastro06 said:

    Hello there!

    Could I please have the MF, Residual % and cash incentives for:

    2023 Honda Accord EX and LX

    - 36/10k

    - 36/12k

    What is your location?

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  • Deep2504Deep2504 Member Posts: 5
    Can I please have the MF/RV for 2023 Accord EX in at 55306?
  • kyfdxkyfdx Moderator Posts: 262,184
    Deep2504 said:

    Can I please have the MF/RV for 2023 Accord EX in at 55306?

    36/15
    .00204 MF and 59% residual

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  • JPohllJPohll Member Posts: 5

    Hi, can I get MF, residual, and incentives for the 2023 Honda Accord Touring hybrid in 89108? Thank you

  • MichaellMichaell Moderator Posts: 259,998
    JPohll said:

    Hi, can I get MF, residual, and incentives for the 2023 Honda Accord Touring hybrid in 89108? Thank you

    36/15
    .00204 MF and 57% residual
    No lease incentives

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  • JPohllJPohll Member Posts: 5

    Hi, can I get MF, residual, and incentives for the 2023 Honda Accord Touring hybrid in 89108 for a 36/12? Thank you. Sorry for earlier typos.

  • MichaellMichaell Moderator Posts: 259,998
    JPohll said:

    Hi, can I get MF, residual, and incentives for the 2023 Honda Accord Touring hybrid in 89108 for a 36/12? Thank you. Sorry for earlier typos.

    59% residual for 36/12

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  • Alexfisherr19Alexfisherr19 Member Posts: 1

    Hello, can I get some insights please?

    2023 Honda Accord sport hybrid
    Zip code 30324
    10k/36mo
    MF/Resid.

    Thanks in advance!

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