I feel like I’m being schooled but I’m okay with that 
I certainly don’t have the experience I need to be doing this, so bring it on. With that being said, what is your advice?
Establish, totally independently from any dealer website/conversations/input/advertisements/tea leaves/etc., an aggressive, but realistic, target lease deal on a couple of the ev options to determine what pricing should actually be and then make unambiguous, immediately actionable offers based on that.
With the rapid rate of depreciation on EVs, purchasing one is strapping yourself to an anchor.
Thank you. That sounds like solid advice and I feel like most people are reading this and nodding. I will post once I’ve managed to pull it off.
Not sure why they said that. Rate finder is showing a 2024 can be leased which would be the better route to go.
Hey guys, I’m looking at a lease deal on a Honda Prologue Touring 24/12. Dealer has quoted the following..
MSRP 56,605
Net Price 47,865
Discount 15.44%
Rebate 16,500
Total Purchase 31,364
Dealer Fee 800
Tax 1,088
Non Tax Fees 1,268
Total 34,521
I’ve checked the MF and residual etc and believe I’ve recreated it accurately on the calculator HERE
I would appreciate any feedback
Do you not qualify for loyalty or conquest?
Or does this include conquest and their discount actually has the dealer cash rolled into it, making it seem like they’re giving you a lot more discount than they actually are? (Which is one of the many reasons we preach to establish your own target deal instead of asking dealers how much they want you to pay)
I do qualify for conquest, it’s in the 16,500.
7,500 EV credit
3,500 conquest
5,500, which I think is Honda cash?
For a FL zip code, I also see $3500 in additional dealer cash
Oh wow, sorry, I’m a complete noob. Can’t believe I missed this. That makes a big difference. Where would I look up things like this?
They’re listed in ratefindr (although not in the clearest way possible as to which ones stack)
Right, was wondering the same. Just called another dealer with a 2024 and he gave me exactly the same response… There is no program to lease 2024’s. He said he’s going to try something creative, but I think that backs up my current dealer’s position of not being able to lease through the regular channels.
Pretty sure they are giving you wrong info. If there was no programs rate finder would find none and there wouldn’t be multiple posts in signed of 2024 leases that occurred this month.
Perhaps I’m not searching correctly but the most recent 2024 Blazer I see in SIGNED! is April. Most recent Chevy is a Silverado in July.
I see some 2024 Cadillac deals, not sure if they use the same programs.
Check and search the Signed Deals and Tips forum
I did earlier, I searched 2024 and didn’t get anywhere
I went back to check. I had the selling price as 47,865, a 15.5% discount off the MSRP. It’s actually 7.5% off the MSRP plus 4,500 in dealer cash, on top of the 16,500. So the figures are the same but I am getting every available incentive as far as I can tell.
Ultimately- it’s your $, but why would you want a damaged car that’s 2 years old and has known charging issues? Charging on EV is kind of an important thing.
You’ve been given a lot of advice to run from this, but you keep going back to it so all we can say is good luck and hope you get to enjoy.
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I understand. If this is in response to my most recent comment, that’s on a lease for a Honda Prologue, which I’m hoping to do instead.
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You should ask a mod to close the dead part of the thread (the posts about buying a virtual lemon) and split off the Prologue lease posts into a new thread.
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