This would be my first time leasing a vehicle so I would like to run the number through LH before I go meet the dealers.
I have contacted several dealers, yet I am not too sure about the best deal I have received via email.
Please see below for the numbers:
2020 Honda Accrod LX 1.5T ($0 down and $0 drive-off)
Sales Price: $21,318 (13.8% off)
Annual Mileage: 12,000
Residual: 58% ($14,384)
Money Factor: 0.00127
Sales Tax: 6.25%
I have put 0 for any incentives or rebates as I could not find any that I am eligible for.
The best deal I have received so far is $288 monthly.
I would really appreciate any help on how to get a better deal and where might be the best area to negotiate (go for a lower sales price? or etc.).
I came across an ad saying $0 down with $199 monthly payment, but I guess that is more like a bait with all the possible incentives considered.
Thank you for your help in advance.