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Re: leasing issues [hondabuyer124]
by avalon2000 on Mon Sep 07 11:00:41 PDT 2009
Unless there was wording within the contract stating that you are obligated to lease regardless of whether AHFC OK's your credit or not, you should not be liable. In every contract there has to be a meeting of the minds, wherein, here, it appears that, sans any such above clause, your lease is contingent upon the AHFC financing. If the dealer disagrees, there was no meeting of the minds. Let them say they will sue you, wherein the few dollars they will make on a lease will not redress their legal costs, they will just go away. IMHO, they may be trying to get you into a bank financed lease, more $ and they earn more, wherein they lied to AHFC by submitting bogus info to them. Ask AHFC for a copy of ALL paperwork submitted to them by the dealer, and get copies of all three credit agency reports. Also, make sure you comment upon all of this within your three credit agency reports.
Re: Accord EX-L Sedan 4 cyl. Auto [beckman2713]
by avalon2000 on Thu Aug 06 13:49:33 PDT 2009
This 2010 Toyota was $50+ less @ mo. than a 2009 loaded Accord EXL-V6 w/NAV, so I just leased the Camry. 2010 Toyota Camry XLE-V6 w/NAV [comes with XM radio] heated front seats smart key pushbutton start wheel locks 5- pc floor mats In NJ 36 mo./15k Sign & Drive [$0.00 money down, just pay tags,first mo.] residual: $18,052 [fixed by Toyota] Tier 1 credit money factor: .00048 NYC sales tax: 8.375% [a/o 8/1/09 8.875%] doc fee: $199 gap insurance: $10@ mo. [Toyota Fiance charges extra] Toyota Fin. Toyota lease orig fee: $650 $384.61 @ mo. incl. sales tax
Re: Looking to purchase 2009 Honda CRV LX 4WD in central New York [shophapp
by cny1 on Sat Aug 08 19:40:03 PDT 2009
Contact Keeler Honda in Latham, NY...WELL worth the drive! ....contact Greg Johnson....
Re: Money Factor and Residual [th83]
by avalon2000 on Fri Jul 24 23:17:33 PDT 2009
Not to bash Honda, wherein I currently lease a 2006 Accord EXL-V-6 w/Nav and absolutely love it! ... but look what Toyota is now up to for their top of the line 2010 Camry XLE 4DR SDN w/Nav [has std back up camera too!]: 2010 Camry XLE 4DR SDN w/Nav 36 mo/15K Tier 1+ [need min. 730 credit score] fixed $ residual: $18,052 [55+%] fixed money factor: .00048 fixed Toyota Fin. Orig Fee: $650 $500 new lease rebate ... but this exact vehicle requires Premium gas, though insurance rate much lower for Camry than Accord in my GEICO experience [20%+], with a AAA non-blemished insurance record.
Re: Low EXL-V6 w/Nav residual [kingpcgeek]
by avalon2000 on Sat Jul 18 14:58:05 PDT 2009
Being that I have already leased an Acura TL-S & two Honda EXL-V6's all with navigation, I have to say that the Honda unit [I think Alpine manufactured] is far superior than any of the add-on windshield types, and I've used almost all of them on other vehicles, and once hooked one up to one of the Hondas to see the difference, as it was very inferior. Also, the built-ins have dead reckoning whereby if you lose the satellite it automatically switches to the wheel spin to calculate your location, then self-correcting as needed once it picks up the satellite again. If only someone would figure out how to get the portable units off the windshields and into some universal slip-in space in the dashboard wherein it would also hook into a built-in roof top GPS antenna, then I'd consider it. Also, had OnStar in my 2003 TL-S, w/Nav as a separate factory built in. Have to say that OnStar is fabulous, worth every penny! Why Acura dropped it I'll never know. I now have it in my 2007 Saab 9-7X 5.3 SUV, and it is still wonderful, it now has turn-by-turn navigation, though I also have the factory built in nav anyway. :)
Getting ripped off here?
by avalon2000 on Fri Jul 17 15:09:42 PDT 2009
A NYC Honda dealer just gave me the following quote today: 2009 Honda Accord 4-dr sdn 2.4 EX-L w/Nav & auto tran -- $29,315 sticker Options: back-up sensors -- $510 retail installed fog lights - $280 retail installed all weather mats - $142 retail splash guards - $101 retail installed color: optional, prefer white Adjusted Sticker: $30,348 according to www.truecar.com, without above options, vehicle could be had for $24,500 in the NYC metro area. Add in a reasonable 50% cost of options retail cost, $517 + $24,500 = $25,017 true base cap, but, as seen below, dealer wants a calculated $26,785. Sign & Drive Lease w/Honda Finance 36 mo./ 15k miles @ yr. Tier 1 Credit NYC sales tax 8.375% Residual 51% Money Factor .00195 $436 @ mo. Based upon my Lease Calculator computations for dealer quoted prices, working backwards: MSRP: 30348 Base Cap Cost: 26785 [dealer asked] Costs Added to Lease: 195 [doc. fee] Cap Cost Reductions 0.00 Adjusted Cap Cost: 26785 Residual Value: 15477 [51%] Money factor: .00195 Term (months) 36 Sales Tax %: 8.375 Monthly Payment: $402.32 + $33.69 tax = $436.01 Depreciation: 11503 Finance (Rent) Charge: 2980 Total Sales Tax: 1213 Total of All Payments: 15696 Total Lease Cost: 15696 If Base Cap Cost is $25,017, as per my above calculation, then monthly lease payment becomes $379.05, tax incl. And this ASSUMES that the Residual value is correctly a low 51%, as this is the same as for the V-6. ANY COMMENTS???

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