2018 Honda HR-V Lease Deal

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1

Hi. I was quoted the following on a lease for a 2018 Honda HR-V LX.

I’ve never leased a car before and I would like all of your expert opinion on what I was quoted.

I live in the Greater Seattle Area

**Year, Make, Model, and Trim: 2018 Honda HR-V LX

**MSRP: $: 22,865
**Selling Price: $20,595
**Monthly Payment: $236.70
**Cash Due at Signing: $2299
**MSD: NA
**Incentives: NA

**Months:36
**Annual Mileage:12000
**MF: .0008
**Residual: .57

**Region: Greater Seattle Area

2

need breakdown of the $2299 to provide better feedback

3

Sorry.

First months: 215
Capitalized cost reduction: 1399
Registration and Fees: 539
Sales Tax: 146

4

if you back out the cap cost (which I suggest not to pay upfront) you need to add another $~39/mo (1399/36) to your monthly payment.
So your $236.70 really is a ~$275/mo payment.

Not a great deal on a $22k car.

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