2019 Honda Accord Touring 2.0T

Just spoke to a dealer and I got back what I consider to be a pretty bad deal. I’m looking for advice on what my next move should be.

2019 Accord Touring 2.0T (Virginia)
MSRP: $36,870
Sale Price: $33,430
Term: 36 Months / 15,000 Miles
Residual: 52%
Money Factor: .00168
Cash Down: $2000
Monthly Payment: $501

Obviously I’m not going to take the offer at this rate, but how would you approach getting the payment down to a reasonable level?

find another dealer or hire a broker

Or buy it and not lease it.

1 Like

Here’s my data point regarding the 2018 I leased last April as a reference:

36690 msrp
32665 sales price
.00128 mf, 56 RV
7 percent tax 46204
175 doc fee
31.25 dmv
595 acquisition
Monthly payment 433 including tax
drive off was 800, zero down

Try and find an 18. That quote is atrocious.

1 Like

No lease incentives on 2019. It’s not like the quote is some atrocious insult at MSRP, it’s a 10% discount - pretty good starting point. Monthly numbers are what they are.