Yes. Got the 2.0T $3,000 down + $269 per month taxes and fees included. Not a great lease, but for the Honda Accord it’s pretty damn good. I emailed all my local dealers and no one was able to beat or match that price.
why would you put ANYTHING down? Oh lemme guess you wanted a “low payment”?
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Don’t understand why you just threw away $3k like that.
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I actually think it’s a pretty good deal. Best deal I’ve been offered is $0 down with $360 payment on a Sport 1.5t. (I haven’t negotiated much on that offer because I was looking at the Infiniti Q50.) That’s essentially what you signed but 2 trim levels higher.
I agree with others too though. That’s a lot of money to put down on a lease. Just make sure you stay within your 12k mileage allowance and you’ll be alright at lease end.
That’s a bit misleading. Throw away indicates it’s lost money. Really putting more money down means you are financing less money/paying less interest. I agree it’s not worth the risk but there is some benefit to it. It’s risk/reward. Assuming you don’t wreck car/get car stolen, you probably probably come out about even given the Accords current MF.
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“Threw away” - wow you guys are ridiculous. I’m ok with putting down $3k to save money long term. I can afford that risk. You all make it seem like I flushed $3k down the toilet.
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I wouldn’t say you threw money away I would just put less down. Cash on hand is always better, especially like @EC99 said. The MF is so low plus high RV its almost like borrowing at 0% so why not borrow more.
You didn’t save any money by putting $3k down.
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I don’t know exactly what Mah4546 is trying to say but if I was going to argue his point I’d say…
I don’t think you can justify, by the numbers, putting big payments down. Interest rate is 2.2% on Accord this month. Putting money down you avoid financing at that rate.
But you can get a CD at 2.2% which is FDIC insured and carries almost zero risk, Putting the money down there is a non zero chance of losing a significant amount - let’s say if car is totaled or stolen in first 30 months of lease.
And so ends my very academic discussion. By the numbers when factoring in your percieved risk of a total loss, the difference between the options is fairly small.
This horse has been beaten to death.
Y’all can move on to the threads where people actually need help saving money.
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What was selling price?
Don’t have the exact number with me. It was just over $27k.
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About the best you could have done. In my opinion the residual is way too low on these which is why they don’t lease well. I’d be shocked if you didn’t have positive equity in 3 years. Enjoy the car!