I’m trying to help my brother lease a vehicle, but it’s a little challenging as I’m in NJ and he’s in Louisiana.
I’ve tried to search here for Honda deals from brokers, but no dice. I have a post on edmunds forums requesting MF and RV - .00178 MF and 63% residual.
Should I try and email the dealers local to him? Below MSRP possible or expect MSRP?
Any help from this awesome community would be greatly appreciated!
A .00178 money factor is equal to an interest rate of around 4.3%. If you’re looking at Hondas and Toyotas at those numbers it might make sense to just finance one if you can beat that rate with a bank or credit union. You’ll save on lease acquisition fees and you’re most likely going to be in a position where you could sell the car in 3 year’s time for more than what Honda is forecasting the RV to be
It certainly helps! Love this community. Has helped me lease 4 separate vehicles in the last 3 years, that I otherwise likely never would have found on my own!