2018 Honda Accord Touring 1.5T Lease - good deal?

Ask the Hackrs
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Hey everyone,

First time posting a new thread here so please bear with me, lol.

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% (of MSRP)
No money down.
Monthly payment: $448.54 (including tax)

Using edmunds “calculate your own lease payment” https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html
I get ~$432.00/month, am I missing something? Is this a good negotiated price? A good deal?

Thanks!

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At first sight, it’s more than the 1% rule (e.g. $34000 >> $340/mo) so I’d say that you still have room for negotiation… but then again, Honda Accord does not have good lease deals, and it’s usually better to buy than to lease (monthly payments are not much different).

Try to check the Infinity Q50 leases on this forum for much better deals…

1 Like
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You already asked in the other thread. Why are you asking again?

Check here for transaction prices: https://www.driveaccord.net/forums/241-10th-generation/490145-10th-gen-accord-price-paid-thread-post-price-data-only%3B-not-comment-thread.html

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No need for duplicates