I was offered a 2019 Honda Accord EX-L 1.5T for $360/mo(tax included)
MSRP $31,040
Selling price $28,733
$550 DAS (first payment, tag)
Residual 55%
MF .00118
Is this a go?
Not horrible for a loaded accord, but not good. Consider that you could get a BMW 3 series for cheaper.
Ninja edit: you also are getting less than 10% off MSRP. Not incredible.
With nothing up front except first month and tag? On what planet
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Not sure what forum you’ve been looking at, but I’ve seen scores of 4 series gran coupes getting signed in the $200’s, no money down.
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Yeah, well when you find an actual deal in front of you, then call me. Because I’ve tried multiple dealers and they’re no where near that price with nothing down.
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Why are you posting this here? This needs to be under the wanted section.
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Those deals aren’t easy, this forum is making it sound like anyone can go out and pick up a $50k BMW 4 series for the price of a Honda Civic LX. Easier said than done.
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Pick up the phone, call a broker. Done. Easy.
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How many dealers have you shopped?
I think it can be done a bit better.
Get sales price down to 28 flat or better and see what incentives if any you qualify for.
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Also I believe the incentives are $300 this month which is pretty much worthless, if you can hold out a month or two maybe the incentives will get better.
Honda’s lease horribly compared to other brands regardless the time of year and incentives. You can, for example, lease a $40k-ish Toyota Tacoma for 2 years for a lot less than you’ll pay for 3 years on that $31k Accord. If you’re set on Honda…
There may be a $750 loyalty incentive in your area. Requires current ownership of an '09 or newer Honda.
The incentives will probably improve noticeably on July 9th.
@Electric is probably in the right range for the selling price.
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You know your stuff…Unfortunately I don’t qualify for that extra $750 incentive. And why do you say they’ll improve on the 9th?
I myself was believing that I can get a bmw at around 300ish after seeing all the success people were having on here. I shopped several dealers in Orlando and all I got was ridiculous offers. I ended up finding a good deal on my 19 Sport 1.5t $0 down only 1st month das 36/15 w/pro pack $285 taxes included. Took me some work but I got to a number I was comfortable paying under $300. Good luck.
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Gave up too easy. You gotta be willing to travel for the right deal.
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Probably so, looked for almost 2 months and nothing here in FL 50 mile radius from where I’m at. I’ll try again in 2022 hopefully I snag one up.
Actually no you didn’t give up to easily, that’s a really nice deal for 15k/yr!
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That’s great for an accord sport.
Let the guy get his Honda. Great car but horrible to lease. That’s why people buy them
Instead.