My Take: Not bad, but not great. The residual values have taken a hit on the Accord since we’re entering the 2nd half of the year. The money factors are lower than before, but I see this reduction mainly to compensate for the drop of residual. There is $1500 dealer cash, but you can’t use it for special financing. Chances are, you won’t be able to use for leasing though, but I would double check with your dealer to be sure. In my experience, dealers are fairly open about lease cash, factory cash and incentives. They are a bit more secretive about their money factors, even more so than the residual values. Of course, not all dealers are like that, just some. Going back to the Accord, I can’t seem to get myself to recommend it because the rates aren’t very attractive.
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2009 Honda Accord
2009 Honda Accord Sedan EX-L
36-month | 15k miles | residual 53% | .00171 base money factor
2009 Honda Accord Sedan EX-L V6
24-month | 15k miles | residual 60% | .00171 base money factor
36-month | 15k miles | residual 53% | .00171 base money factor
48-month | 15k miles | residual 43% | .00280 base money factor
60-month | 15k miles | residual 36% | .00335 base money factor
2009 Honda Accord Coupe EX-L V6
24-month | 15k miles | residual 57% | .00171 base money factor
36-month | 15k miles | residual 50% | .00171 base money factor
48-month | 15k miles | residual 41% | .00280 base money factor
60-month | 15k miles | residual 33% | .00335 base money factor
Can you please show the September 2009 rates for a Honda LX Sedan? I am going to lease in the next few days – thanks!
@celt08. no numbers on the Accords yet. Will post once I find them.