Just spoke to a dealer and I got back what I consider to be a pretty bad deal. I’m looking for advice on what my next move should be.
2019 Accord Touring 2.0T (Virginia)
MSRP: $36,870
Sale Price: $33,430
Term: 36 Months / 15,000 Miles
Residual: 52%
Money Factor: .00168
Cash Down: $2000
Monthly Payment: $501
Obviously I’m not going to take the offer at this rate, but how would you approach getting the payment down to a reasonable level?
find another dealer or hire a broker
Or buy it and not lease it.
Here’s my data point regarding the 2018 I leased last April as a reference:
36690 msrp
32665 sales price
.00128 mf, 56 RV
7 percent tax 46204
175 doc fee
31.25 dmv
595 acquisition
Monthly payment 433 including tax
drive off was 800, zero down
Try and find an 18. That quote is atrocious.
No lease incentives on 2019. It’s not like the quote is some atrocious insult at MSRP, it’s a 10% discount - pretty good starting point. Monthly numbers are what they are.
This.
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