2018 Honda Accord Sport 2.0T 10-Speed Automatic - $280 w/tax + fees

Ask the Hackrs
1

Hello everyone,

First time shopping for a lease. Got this quote from a local dealer. Planning to sing by end of month. Would love some feedback. Seems lower than other offers posted here. These are the only figures given by the dealership. This is just from emailing them, haven’t even stopped by or negotiated. Assume I could get this even lower.

2018 Honda Accord Sport 2.0T 10-Speed Automatic

MSRP: $ $31,205
Selling Price: $
Monthly Payment: $ 280
Cash Due at Signing: $ $3,000
MSD:
Incentives:

Months: 36
Annual Mileage: 12k
MF:
Residual:

Region: MA
Leasehackr Score:

2

Your effective payment with $0 DAS is $363, I wouldn’t say that’s the lowest posted here.

3

This is awful considering people have gotten the Touring model for less. You might want to fill in the blanks you have and not put $3000 down

4

There’s simply no way to make the Sport lease well currently. No incentives and very conservative residual. MF is higher than finance rate.

Negotiate to a selling price of ~$27k and just finance it if you really want it. I believe Honda finance has 1.9% APR on Accords right now. Unless you’re 100% sure that you will drive close to exactly 36k miles and definitely only want it for exactly 3 years.

5

too expensive reach for 250 a month 2500 down

6

Why would you put $2500 down? A down payment goes down the drain if the car is totalled. No sense in making one

2 Likes
7

So tell me what you would do? give me the play book

8

A down payment on a lease is beyond stupid. If the car is totalled you do not get it back. $0 down and minimal driveoffs is the way to go. OP isn’t going to get a good deal on this and is better looking at other cars

1 Like
9

Fair enough. I seen a good actually great bmw 330 xdrive deal for $229 in jersey. Could get a good price with some negotiation

10

That probably includes $3-4000 down. It isn’t just the monthly

11

Well yeah but you make a deal for lower out of pocket in general. The payments will rise but because of the current price he’s still be lower then the honda accord if he did it right. Ive leased 3 bimmers so far. not one I gave more then 3k out of pocket. All had v6 turbos minimum

12

I had another dealer tell me that incentives will be added towards the end of this month after I complained about the horrible accord lease offers. guess I should wait it out to see if they offer something better.

13

this isn’t really a fair comparison. The 330 xdrive doesn’t offer all the same features as the Accord Sport 2.0T. To go up trim on the 330 to make it comparable, there’s no way it’s going to cost less.

14

That’s good point, Honda is not a good lease choice, if you really like Honda, just buy one with finance. The resell value of these cars are high enough.

1 Like
15

Agreed. Same issues with CRVs and Civics. Honda’s retain their actual resale value so much so that usually a low interest rate loan and buy, and then sell in 3 years approach works great. CRV in upstate NY for instance is like a freaking bank. Finance it, pay a low interest rate, and sell/trade in three years. Rinse and repeat.

16

Fair enough but once you have a bmw the little features you do get would be worth while just saying. Just wait it out youll be happy you waited

17

What will you “sing by end of month”? With this price, you will be singing the blues by the end of the month.
On a serious note, well done - coming here for advice well BEFORE the deal and not AFTER!

1 Like
18

V6 turbo? BMW?

3 Likes
19

How you feeling my friend ? I’m quite sure you know what I meant it’s a easy typo mistake

20

Any update?