First time posting an offer here,
I received the offer below from the dealer on a 2018 Honda Accord Sport 2.0T. Can someone break this down for me so i can possibly get a leasehackr score? Also wanted to get feedback on wether this is a good deal or not. Thank you.
VEHICLE
New : Mileage:10
Vehicle :2018 Honda Accord Color :STILL NIGHT PRL
Type :Sport 2.0T (A10)
Market Value Selling Price 33,195.00
Discount 5,000.00
Adjusted Price 28,195.00
Taxable Fees (Estimated) 66.50
Doc Fee 899.00
Tax 169.24
Non Tax Fees 1,328.00
Balance 30,657.74
$1000-$1500 too high on selling price. Doc fee is ridiculous. Just finance if you want it, there’s not much reason to lease these. Check other threads for what you can lease for similar money.
Also ignore the next 500 posts in this thread, that’s all you really need to know.
Don’t do any money out of pocket except first month and reg. If you can swing it pay acq fee up front too. That car must have a lot of accessories at that msrp. Either hire a broker or you need more of a discount. Browse around and see what people are paying.
I wouldn’t even bother with dealer. Run away. I lease a $44k Audi for less.
Also, “market value selling price?” LOL. The Accord Sport 2.0T is priced at $30,310. They are inflating the value by $3k, then making it seem like you are getting a $5k discount. On a car that is a sales disaster for Honda and that people aren’t buying. Do not give this dealer your business!
Bet they are throwing in $500 nitrogen tires and $700 vin etching too, huh?
Market value selling price is so sketchy. But this is why dealers like leases. The OP had to ask if this was a good deal (very smart decision by the way) when it clearly is not.
The first thing OP should do is search for Accord lease ads online. I’m seeing touring models (granted only small engine but still with much higher MSRP) going for 300-350 a month with LX models at 200-300. Now granted ads have to be taken with a grain of salt but when they are consistently way under what you got quoted, you probably are getting taken for a ride.
2018 2.0T is $5k more than a 2016 was and it’s the first model year of this gen, so I’m not sure it’s that shocking. Did Honda have specific lease incentives when you got yours?
