This is the generic ad for my local dealership that I saw initially
When i was at the dealership, I saw this managers special. need to call them and ask if there is downpayment)
2018 Honda Accord Touring 1.5T
$299 Per Month
Payment is plus sales tax, $2999 Cap Cost Reduction, plus 1st payment, tax, title, doc and license.
On approved credit. 36 month lease, 12k miles per year
Effectively 383/month. Not a good deal
Do a little searching…
Edit- I saw 1.5 and thought it was cheap. I see these start at 34. Not bad at all.
any numbers available for 2018 Accord Touring 1.5?
msrp/cap cost/residual/money factory
I dont have those details. This was at Norm Reeves Honda dealer in Irvine CA. You could contact them for the info.
from edmunds:
.00092 MF
54% residual (36mo, 12k)
$1000 incentive on 1.5 Touring
msrp 34695
I don’t have all of the details but I got my Accord Sport a few weeks ago for $288. Only drive off fee was my first months payment. A broker reached out to me to help me and he came through! I can give you his info if you’d like.
Is this a good deal for a 2018 Honda Accord Touring 1.5T?:
36 months/ 15K miles
Sticker price (MSRP) of the car: $34,675
residual 52% = $18030.48
Negotiated selling price of car: $29,603.00
fees: $983.49
Money factor: 0.00092
tax for CA: 1.1
No money down.
Monthly payment: $448.54 (including tax)
Sorry, but no. That’s an effective $475 a month to drive the 1.5 Honda Accord. Many other cars available for a better price.
I mean, it’s not $9000 down and $350 a month for 39 months, but it’s still bad!
With those figures, are you rolling in negative equity from another lease?
Repeat after me
I, Leasehackr, shall strive to get the best bang for buck. I shall not LEASE Hondas, Audis or Porsches.
If I really need them, I shall finance them at the cheapest rate at the credit union.
Audi A4 and S4 leased a lot better this summer than most Hondas…EXL and Touring trims of pretty much every Honda are particularly atrocious
YES YES YES.
I financed a 2018 Sport 2.0T for $50 more a month (60mos) than what a 36/15 lease would have cost. If you really want an Accord just buy it, with the huge discounts you’ll never be upside down. It’s like a lease you can get out of at any time or just keep 
The lease residuals on these are totally hilarious in the exact opposite way that GM’s and BMW’s are. Honda will be making money when these get turned in.
+1
Going to go with the Touring 1.5t. Lease quotes were in the low-mid 4 range for 12k/36, so instead Im going to finance it, $435/month over 5 years, with 6k down.
Is this a good way to calculate lease payment? : edmunds “calculate your own lease payment” https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
I’ve also used the “Car Payment” app on Apple Store.
Please let me know what is most accurate.
Thanks!
