So I’m doing some research into leasing a 2019 Honda insight 36/12k in Louisiana. I got from here the RV/MF are 56/0.0023.
I’ve been looking around and calling up some dealers and with a MSRP of 24,599, several dealers have quoted me at 424/month. Doing my own math (one dealer showed me a selling price of 23,513). The calculator here shows that I should be closer to 397 with 0 DAS.
Is there a reason my math vs. the number quoted to me are so off?
If it helps the specific breakdown of the 424 offer was: Sell price 23,513. 200 Doc fee, 595 Acquisition fee, and non-tax fee 181.50.
Thank you all!
Who from here provided the RV/MF? I haven’t seen many Honda Insight threads, especially for a MY 2019. Also, link us to the your calculation. We can’t fix what we can’t see.
Ooops here is my calculations from leasehackr.
The numbers I got were from this post: 2018 honda civic Lease
That link doesn’t relate to your post at all, but the RV/MF look correct according to Edmunds. Your calculation also doesn’t match anything you wrote. You must be trolling.
Not trolling just really really new at this all. This is my first lease so I’m sort of learning on the fly. I realized the numbers on that link were a bit after I was tinkering.
I’m trying to figure out what I am doing wrong though. The reason the sales price I listed was different is I thought I should add the sell price + doc fee and AF and non-tax fee to the calculator?
Why would you put the doc fee and acq fee in the sales price field instead of the doc fee and acq fee fields?
I built those two values into the sales price to try to get the same monthly payment the dealership was generating. When I pulled the into their separate fields the payments decrease (makes sense) so I was suspecting the dealer was baking those numbers into the sales cost and thats why the monthly was higher?
Are you seriously considering spending $400/month on a compact $24,000 Hybrid? WTF. You can lease two VW Jettas for that. I lease a $44k Audi for $10/month more than that.
Read around the forums. Some cars don’t lease well. This is one of them.