hi, I'm leasing ym accord this week hopefully (06) and I was just wondering
what lease fees I should be looking at paying and hwo much they will be. I
got a great price on the car just want to make sure that I don't get slammed
when I go to lease it with extra fees. as far as I know there will be an
aquisition fee and probably security deposit. what else should I expect to
pay (besides tax title and license and first months payment) thanks

-Nick

 

Waiving the right to remain silent, "Dr Nick" <Drnick5@***.net>
said:

> hi, I'm leasing ym accord this week hopefully (06) and I was
> just wondering what lease fees I should be looking at paying and
> hwo much they will be. I got a great price on the car just want
> to make sure that I don't get slammed when I go to lease it with
> extra fees. as far as I know there will be an aquisition fee and
> probably security deposit. what else should I expect to pay
> (besides tax title and license and first months payment) thanks

Possibly a cap reduction amount. When leasing, I usually ask for no
cap reduction and pay a slightly higher monthly rent instead. After
all, one of the purposes of a lease is to conserve cash.

That is, if the leasing company goes for it. Some of the "package"
leases from Honda may not be adjustable that way.



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Larry J. - Remove spamtrap in ALLCAPS to e-mail

"I've come here to enjoy nature. Don't talk to me
about the environment!" - 'Denny Crane'

 

> Possibly a cap reduction amount. When leasing, I usually ask for no
> cap reduction and pay a slightly higher monthly rent instead. After
> all, one of the purposes of a lease is to conserve cash.
>
> That is, if the leasing company goes for it. Some of the "package"
> leases from Honda may not be adjustable that way.

yeah, I plan to just pay the lease fees up front. I mean, say I pay lease
fees and put 2k down, and in a month I total the car.. the gap insurance
will cover the car, but I wont' see my 2 grand back. doesn't make much sense
to put down any more than you actually have to.

 

Waiving the right to remain silent, "Dr Nick" <Drnick5@***.net>
said:

>> Possibly a cap reduction amount. When leasing, I usually ask
>> for no cap reduction and pay a slightly higher monthly rent
>> instead. After all, one of the purposes of a lease is to
>> conserve cash.
>>
>> That is, if the leasing company goes for it. Some of the
>> "package" leases from Honda may not be adjustable that way.
>
> yeah, I plan to just pay the lease fees up front. I mean, say I
> pay lease fees and put 2k down, and in a month I total the car..
> the gap insurance will cover the car, but I wont' see my 2 grand
> back. doesn't make much sense to put down any more than you
> actually have to.

The cap reduction cost is their way of getting the lease payment to
be lower. If you're going to put out a lot of cash, it makes more
sense to purchase the car...

--
Larry J. - Remove spamtrap in ALLCAPS to e-mail

"I've come here to enjoy nature. Don't talk to me
about the environment!" - 'Denny Crane'