buenafe

I am planning to lease for the first time. I would like to get a benchmark with other people who leased their TL-S. I wonder if I am getting a good deal.

Here are my parameters from my auto lease (not Honda Financing).

Lease term 36
MSRP 33710
Cap Cost 32095 (31,500 + 595 junk fee)
Residual 55%
Res Value 18540.5

Interest rate 7.18
Money Facto 0.002991667
Disposition 300
15 cents for going over miles.

Bottom monthly lease payment $528.00
(no sales tax included here)

BarryH

I have a TL-S with Navi and am paying $530 per month including 6% NJ tax for a 30 month lease with 12K per year. I paid the first months payment and the AHFC security deposit of $550 at inception.

Jacobian

The lease terms seem reasonable. I calculated the lease payments to be the same as you. I don't know what your tax rate is, but at 7.5%, the payments are about $567.60/month.

What's your reason for not buying it outright? With some cash down, your payments would be the same to own the sucker.

Erik

Guest

I don't have the contract in front of me. Total price without Nav, $30,995, I paid $2,100 down, $469.00 p/mo., 15K p/yr for 48 months. They threw in a wing for free. I'm thinking I got a good deal???

MB45

Payed MSRP, plus 1300.00-n-change for the body kit.. My monthly payment is at 380.00.. I Had to put a few beans down to get it that low.. (ok more than a few beans) also no security deposit, 15K yr for 39months. 15 cents per mile if over.. like the last post.. dont have the paper work in front of me.. all in all, very pleased!
http://mb450.tripod.com/TLS/

MLPCA

36 mos, 15K miles, $1000 total out of pocket, mo pymnt:$531. TL-S w/ Nav and spoiler.

melotical

NYC, Details of lease
2002 tls without navi, options: spoiler, mud guards, wheel locks
value of vedicle $31330
Captialized cost $33047
Residual value $18710
12000 miles per year / 15 cents over
48 month lease at $438.44 / including tax
Due at lease signing was
1 month payment
security payment
bank fees
registration
total to $1560.
This seem like a great deal so i went for it and happy i did.

Xorg

I have a 42-month lease and am paying $352/month. I put $2,500 down and about another $1,000 in fees (I plan on buying the car at the end of lease.) My money factor works out to 6.72% (.0028), residual is 59% or $18,500. 15K miles per year.

I also have a detailed lease calculator spreadsheet that details everything so you can compare and contrast - yours for a $5.00 PayPal payment :-)

<FONT COLOR="#800080" SIZE="1" FACE="Verdana, Arial">[This message has been edited by Xorg on June 13, 2001 @ ]</font>

mmski1

434/mo 42 months. Total 3000 out of pocket, no security dep.

SimTypeS

I handed over the keys to my '92 Accord DX and drove off with the TL-S (without Nav, but with gold package, lugs, NW package), no money out of my pocket. 4 years, 12K miles/yr, yadda, yadda, yadda... with Washington state sales tax it comes out to $398/month. I did pay $200 to have copper tint put on, to accent the Diamond White, Tan enterior, and Gold Emblems. Would of prefered to get a 3 year lease, but for under $400/month, decided to go for it. Might have been able to get a better deal, but... oh well.

Play nice...

lmfgh

I leased with Amer. Honda the end of May.
I got the TL-S with Nav.
I was able to get:
42 mos. lease
15,ooo miles per year
I paid $1,020.00 out of pkt.
My payment per month is $446.00 plus
sales tax.
By the way, I love my car!!

thejavagod

Leased through AMHFC, I'm paying $527/mo. inclusive of taxes for 36 mos.

Pd $1505 driveoff which includes first months payment. No sec deposit. Money factor was .0034 (8.16%)

Residual is $20900. Purchase price was $31,700 (I bought this in April '01)

Xorg

Yikes! That residual and money factor is sky high!