Hello, new to leasing. What MF, residual, and lease or royalty credits (if anything) should I be looking for on a 2022 Honda Accord LX FWD, 36/10k, zip code 10468 ?
Thank you
Saying this for your own good. If you know this little about leasing you are probably going to get destroyed in the finance office.
Donât be like the guy who was so embarrassed about what happened in there that he couldnât even own it (âmy wife signed everything while I was in the restroom!â).
There are two choices for everyone starting off, including all the regulars here who started off in the same position at some point:
A. Educate yourself with all the helpful content here starting with all the articles in the Leasing 101 section (EDITORIAL | LEASEHACKR), and then have an educated discussion about how to make a decent deal better, if possible.
B. Refuse to spend 30-60 minutes on Choice A above and thus remain uneducated about leasing and get taken advantage of every 2-3 years for the rest of oneâs life.
Hey look, todayâs YouTube copy and paste
Especially that âNew to leasingâ part.
(Help with numbers) and loyalty credits (if any) are the flags that always catch my eye
Is there anything with Honda for extra incentives like a car club or equivalent? Penfed? Anything
Nada, well unless you work for Honda?