Hi can you please help on a lease deal before i start calling dealerships!? I am located in zip code 07042, New Jersey US.
I plan on leasing a Honda HR-V LX 2020, as its the cheapest and most decent looking SUV on the market.
Based on Kelly Blue Book, the fair purchase price for a Honda HR-V LX 2020 is $21,220.
How much lower do you think I can negotiate it for? I was hoping for 10-12% lower than the fair market purchase price KBB gave me. That would bring me to about $19,100 - 18,700 … then work the money factor and residual value into that.
(.00215 MF and 60% residual)
Also what are some fees that i cant avoid or can be waived upon signing? From what i remember, doc fees, acquisition fees, registration, and license fees are non avoidable which i plan on paying all fees upfront as well as the tax.
Thank you for your help.