Hello everyone! I’ve been lurking through these forums all day today and decided I just needed to see what the pros thought. I have always purchased vehicles in the past thinking this was the car I was going to keep, but 3 years later I end up trading it in. Which brought me to this point. I feel completely out of place talking about leasing. I feel like there’s something I’m missing, but this is the deal the dealer provided me. Anyone have any thoughts?
2020 Acura TLX FWD A-Spec in the Delaware area
Dealer discount: $9,550
Rebate: $1,500 (military/conquest)
Adjusted price: $29,246
Trade-in: $4205 (equity… which they offered about $1,000 over KBB for my trade)
Processing Fee: $399
Non Tax Fees: $770
Total Price: $27,065.02
Mo Payment: $382
Good/Bad deal? I feel like it should be slightly lower from what I was reading throughout the day. Also, does anyone have any lessons learned on leasing? Is it a good idea in general? Any issues you’ve come across? Thanks so much for your time!