Someone please help me

Marketplace
1

HiFor all advertisements – please follow the template to provide as much information as possible. Thank you!

Year, Make, Model, and Trim: [2017 Honda Accord LX]

MSRP: [$23,990]
Selling Price: [$21,000]
Rebates: [$500 College Grad, $500 Military]

Months: [36]
Annual Mileage: [12,000]

MF: [.00020]
Residual: [70%]

Total Due At Signing: [$1,200]
Downpayment: [$1000]
Monthly Payment (incl. tax): [$240]

Security Deposit Accepted?: [Yes up to 7 MSDs ($3,500)]

Leasehackr Score: [10]

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Isn’t the 2017 Accord being phased out for the 2018’s? I feel like I’ve read somewhere you can get some killer deals on them cause the new ones are out.

3

I’ll chime in only because you seem hopelessly lost. First of all, where did you get this information?

  1. Residual isn’t 70% - it’s 52%.
  2. Your MF is similarly wrong.
  3. MSDs on a Honda? First I’ve heard of it.

Google is your friend. Take the current lease incentives and subtract them from invoice. Subtract another $500-$1000 for good measure and that should be your selling price.

2 Likes
4

18s are at dealerships now