So after reading a lot on this forum I have learned the first most important number when leasing a car is negotiating the Actual price paid.
Can anyone please share what Actual price they paid for a 2018 CRV EX AWD. I know the MSRP is $29,445 and the lowest I can get a dealer is $26,965, which is about 8% off MSRP.
Your MF and residual looks wrong, edmunds shows .0024 and 60%, not showing a $2500 incentive either. I come up with the following, too much for that car
I think the down payment shouldn’t be included as a tax incentive. I would include it as part of a down payment. This will reduce your lease hacker score.
Okay here are updated numbers.
About 1400 for trade in
Plus 1000 cash down (yea I know I shouldn’t but I want to keep my monthly payments down)
Plus paying all cost upfront (tax,dmv, etc)
They agreed to selling price of 26k
How the heck are payments still coming to $317???
Yeah it’s been said before, Honda’s don’t lease well. Keep in mind that if you put money down and then total it, you’re out that money. You can get into a luxury class small suv for this money. Or get a Cherokee Limited at the same payment with nothing down. Your effective payment on this is $100/mo+ without money down, horrible lease.