Deal Check: 2021 Honda Passport Elite Demo

2021 Honda Passport Elite Demo
13215- Upstate NY

Current Milage: 3,800

MF .00091
RV 61%
Monthly Payment $442

Market Value: $45,100
Discount: $5,500
Adjusted Price: $39,600
Taxable Fees: $10
Doc Fee: $75
Non Tax Fees: $757.50
Net Price: $40,442,50
Cash Deposit: $1,000
Balance: $39,442.50

Dealer Promotion: a full set of new snow tires
Negotiated: Winter floor mats
Dealer will give me a check for $1,059 to pay off the remaining 3 lease payments on my current Jeep

How much $ DAS?

DAS $1,000 sorry forgot to include

Have you plugged everything into the calculator to see if they’re rolling the Jeep payoff in or if it’s itemized?

I’m trying to but I’m a bit of a newbie and getting lost. Any suggestions on a good calculator? When I input the data it’s coming up with a higher monthly price then I am being offered.

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I would check vroom, Carvana etc to see if there’s any positive or sub-$1,000 negative equity in the Jeep.

If there isn’t, do a $0 DAS lease on the Honda and just keep the Jeep for those three months you’re paying anyway

Remember that rolling in prior lease payments = paying additional tax and interest on them

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For comparison, showing $503/month with just 1st due at signing on RODO (36/12K). Brand new 2021 model.

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