Thanks to everyone for their insightful and learning experience.
Great deal on a 2018 Honda Clarity base.
Signed 12/30/18 - _Re-signed 1/1/19_
[2018 Honda Clarity - PHEV - $305/ month including tax - $1000 DAS - re-signed for more rebate on 1/1/19](CALCULATOR | LEASEHACKR Clarity Base – $7600 Honda incentive + $500 Honda Employee. Added Honda care maintenance for $435.&monthlyTax_radio=true&miles=12000&msd=0):
Original deal on 12/30/18:
MSRP: $34,295
Selling Price: $23,421
Monthly Payment: $305 including 9.5% monthly tax
Cash Due at Signing: $1000
MSD: none
Incentives: $7600 Honda + $500 State employee (HP Q31A)
Months: 36
Annual Mileage: 12,000
MF: 0.00047
**Residual:42% **
Region: So Cal
Leasehackr Score: 10.1
So we initially got the car on 12/30/18 at $305/month including tax with $1000 DAS.
Great deal using the $7600 Honda lease incentive + $500 Honda state employee certificate + dealer discount.
Then I found out that our utility company (SCE) is offering double the cash rebate (post sale) for $1000 if you take delivery after 1/1/19.
So we ask the finance manager and he said the GSM would have to approve, but we can re-do the deal if we purchased the Honda care maintenance package for $1050.
After negotiations back and forth, we get to $435 for the Honda care maintenance (covers all dealer oil changes, tire hazard replacements, and other stuff).
So we go back in and they re-do the contract.
Ended up paying most of the Honda care up front ($300 increase DAS) and monthly lease is now at $310.
NEW DEAL signed 2 days later with Honda Care and double utility rebate:
MSRP: $34,295
Selling Price: $23,650
Monthly Payment: $310 including 9.5% monthly tax
Cash Due at Signing: $1300
MSD: none
Incentives: $7600 Honda + $500 State employee (HP Q31A)
Months: 36
Annual Mileage: 12,000
MF: 0.00047
**Residual:42% **
Region: So Cal
Leasehackr Score: 9.8
