Hey everyone. I have an acquaintance that owns a Honda dealership. I got a few quotes prior and he definitely gave me the best price (by about $80/month). He said he was giving me employee pricing and I didn’t really haggle anything as the quote was substantially less than anything else I saw. But could I have done better? If so, where?
I got the $1000 incentive from Honda as well as a Loyalty discount for my in-laws co-signing. I added the advanced protection package (all weather mats, cargo tray,etc.) and got one of the paints that cost more (Sonic Grey).
This is my first time leasing and I am in Canada. I’ll do a quick currency conversion for you on the monthly. Not sure why but the lease calculator is not spitting out the same monthly amount that I’m paying, but it’s close. I entered what I’m actually paying below. Thank you
No idea to tell bud. Totally different market there and the way taxes work as well. I wouldn’t count on a simple currency conversion to tell if this is a good deal or not. There are many other factors outside of that.
Good question. We were initially looking at a 48 month term in order to stay within budget (wanted it to be under $500/mo). The lease rate at 48 months was 1.99% and the rate at 42 months was 1.49%. This resulted in the exact same monthly payment for a shorter lease term. It was the sales associate that made the suggestion.
In either case we’ll likely be turning it in early to upgrade when we have another kid. I don’t know how it is elsewhere, but I believe you can lease in 6 month increments all the way up to 6 years. You can also purchase extended warranty packages to match whatever the term of your lease may be. The warranty stays with the vehicle and is factored into it’s residual value. I did not purchase extended warranty in this case.
when I saw the monthly and the MSRP … but then I saw the region and im like 