My previous post about the quotes I received from my Honda dealer were lacking in detail. I got more information from the salesman about the details for the lease (which I should mention is via email communication).
Here’s the 2019 Honda Accord EX-L details:
- $382/month, $0 down. 36 months, 10K miles/year. And first payment, tax, DMV fees.
- MSRP: $30,120
- Selling price: $28,567
- Residual: $17,382.40
- Money Factor: 0.001180
Here’s the quote I received for the 2019 Honda Civic EX-L:
- $290/month. $0 down. 36 months, 10K miles/year.
- MSRP: $24,600
- Selling price: $23,769
- Residual: $15,567.20
- Money Factor: 0.001080
I should also mention I’m waiting for another dealership to counter. My FICO scores range from 754-802. Also, the quoted prices are just the initial quotes. I haven’t done any negotiating. Also, I’ll be leasing the car on Long Island, NY, which from what I understand, is notorious for not giving the best deals.
What’s your advice/opinion?
Thanks