2018 Honda Clarity Plug in Hybrid Touring - $9395 off MSRP, good deal or not?

Here’s a quote got from a San Francisco Bay Area Honda dealer for 2018 Honda Clarity Plug in Hybrid Touring:

MSRP: $37,495
Selling Price: $35,600
Fed credit: $7,500
Cap Cost: $28,100

36K / 12K:
Residual: $ 14,248 (38% of MSRP)
$1,220 Drive off (1st payment & DMV)
Monthly: $420 (including tax already)

36K / 15K:
Residual: $ 14,998 (40% of MSRP)
$1,250 Drive off (1st payment & DMV)
Monthly: $448 (including tax already)

Good deal or not?

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