Deal check 2022 Honda accord $1000 down $725 monthly

[trism]

As others have mentioned, the Accord is likely going to make more sense to purchase than lease.

As a first exercise, after getting several (at least 5 or 6) offers for your current vehicle:

List of places to sell or value your car online

For the quickest results: Copy your VIN to your clipboard and just paste it into each site. Quicker than plate lookup. Enter “I own the vehicle” where applicable — you don’t need to get into the details of your lease payoff or loan balance until you’ve eventually chosen one entity to sell to. Use a Google Voice or some other device you can turn off at will. Otherwise your real phone will be bombarded initially. In alphabetical order: Buyer Name Direct Link Review Link AutoCo…

Next find out what a reasonable APR is for an auto loan and where you can get it:

The Best Finance Rates & Hacks! Submit your CU recommendations!

Sometimes it can be better to finance a car rather than lease it! Some of the reasons this may be true include: Federal EV credit - some lease originators may not pass the full Federal EV credit or state credits. Through financing or balloon loans (another type of financing, you can take advantage of these credits if you have the tax liability) High Lease Money Factor - some lease originators have a very high money factor, higher than what it would cost to lend from another bank! Combined …

And then model an Accord purchase at MSRP and see what the payments look like by using an online car payment calculator.

You may be able to do better than MSRP (Marketplace should yield some clues), but at that point you basically have the high end of what it would cost.

NOTE: I’m not advocating paying MSRP for an Accord unless that’s what the market dictates. With an online calculator you should also subtract any prevailing discounts and any incentives that may be available before you go shopping again.