Someone please help me

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]

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.

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.


18s are at dealerships now