I am about to sign the deal below. Do you think is this a good deal?
Including 2 Year Sentinel & Wheel Locks
Buyout price :$17700
Year, Make, Model, and Trim: 2019 CR-V EX AWD CVT
Monthly Payment: $270 including taxes
Drive-Off Amount: $2200 including first mo, taxes, license, bank fee etc.
Plus $350 Disposal fee
Leasehackr Score: 8.2
Leasehackr Calculator Link: leasehackr.com/calculator?make=Honda&miles=12000&msd=0&msrp=29000&sales_price=25500&months=36&mf=0.001&dp=700&dealer_fee=200&acq_fee=500&taxed_inc=0&untaxed_inc=0&rebate=0&resP=59®_fee=300&sales_tax=6.625&demo_mileage=0&memo=&totalLeaseTax_radio=true
Effectively over 330 a month for an EX is not good. Did you check with Edmunds what incentives you have in your area?
The MF is also marked up, buy rate is 0.00065.
Send your own detailed lease proposal at 14% off MSRP at buyrate MF and see who comes closest
I got quoted in Brooklyn for 299 a month/ 2066 DAS for 36/10k miles for a 2019 EXL. I didn’t sign yet but I gathered you can do better and I’m still trying work on my number.
Thanks Max, is this to lower the residual amount? I was told that the residual is %59 of MSRP, so its is Sorry that I m not familiar with the leasing terms.
MSRP: $29,845 so residual would be $17608
You need to familiarize yourself with the terms for your own protection.
RV cannot be changed by the dealer.
Selling price AKA “agreed-upon value of the vehicle” = 14% off MSRP.