Nothing too crazy here. New Accord’s numbers came in about what I expected. Relatively high residual along with a high money factor. Last month’s Truecar sales data has the sale of 2013 Accords all over the map. Anywhere from invoice to well over MSRP (silly early adopters…haahaa). Anyway,the car looks solid and should give the Camry, Altima and Sonata some good competition.
Looking over the SUV market, I think prices should drop in the California market because of the insanely high gas prices. If you are a poor schmuck like me who needs the space but doesn’t want to pay over $100 bucks to fill up 3/4 of a tank, go with something more moderate, like a CRV. Not sure I like this month’s numbers on this crossover, though. It needs some Holiday Season cash to sweeten the deal if you ask me.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
2013 HONDA CR-V 4WD EX-L AT
MSRP – $29575
Sale Price – $27600
Monthly – $344+ tax
RWG Rating – 86.8
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2012 HONDA ACCORD COUPE EX-L V6
36 Month – Residual 47% of MSRP – .00046 Base Rate
2013 HONDA ACCORD SEDAN EX-L V6
36 Month – Residual 58% of MSRP – .00155 Base Rate
2012 HONDA CIVIC COUPE EX AT
36 Month – Residual 55% of MSRP – .00053 Base Rate
2012 HONDA CIVIC SEDAN EX AT
36 Month – Residual 58% of MSRP – .00053 Base Rate
2012 HONDA CROSSTOUR 4WD EX-L
36 Month – Residual 49% of MSRP – .00020 Base Rate
2013 HONDA FIT SPORT HATCHBACK AT
36 Month – Residual 61% of MSRP – .00155 Base Rate
2013 HONDA ODYSSEY EX-L AT
36 Month – Residual 55% of MSRP – .00155 Base Rate
2013 HONDA PILOT 4WD EX-L
36 Month – Residual 55% of MSRP – .00155 Base Rate
2013 HONDA CR-V 4WD EX-L AT
36 Month – Residual 60% of MSRP – .00155 Base Rate
2012 HONDA CR-Z EX AT
36 Month – Residual 58% of MSRP – .00155 Base Rate