anique
March 19, 2024, 8:08pm
13
Like others mentioned. Honda CRV is not a car you should lease (financially speaking).
I would spend some time on how the deals are structured and then use the calculator to get your own numbers. Then tell the delaers what numbers you want rather than asking them for their numbers.
You can spend some time looking into marketplace to see which cars lease well. Then you can run the numbers for that particular trim and start hunting. Reading around the forum would help considerably too.
As is tradition, sharing my latest hack. For the sake of simplicity and brevity, I noted the effective monthly in the title but didn’t actually structure the deal as a sign and drive.
My lease agreement bakes in shipping costs (which you’ll notice on page 2), so if you’re referencing my contract to structure your own deal, remove that from the DAS. I’ve excluded that from the breakdown below to give a more clear picture of the raw deal so others have an apples-to-apples comparison for any hunti…
Is there some return threshold which could guide one on knowing when to lay down MSD’s? I know Is there is some return formula for MSD’s but assume you have the below scenario would you do MAX MSD’s or pay the upfront or both. I am really trying to learn if i should be using the MSD route as a savings opportunity.
Assuming Pre-incentive selling price of 62K, Discount of 20% (wishful thinking), Rebates $3750, Base MF .00119, 60% Residual…what would you long term smart guys choose and why. I kno…
One of the more common posts we see here are from people trying to utilize the LH Calculator and struggling to get the correct numbers. More often than not, this is the result of user error, so let this be a guide on how to use the calculator and what values go where.
With that said, a few starting notes. Read these 3 times before continuing:
The calculator is not perfect, there are some limitations in how things are calculated.
Do not expect to match an offer perfectly. There are often diffe…
First off, right now is the worst time to be trying to lease a car. If you can put off getting into a new vehicle, do so.
Talking to dealerships is for finding someone to do your deal, not for asking them how much they want you to pay. You should never engage a dealer regarding pricing until you already know what the numbers should be.
It is practically impossible for us to tell you what a “good” monthly payment is for your specific lease as lease programs are highly dependent on region, perso…
UPDATE 08/04/2023
Leasehackr has since acquired lease/finance program data thanks to the donations from this community. You can look up RV/MF and incentives on demand by becoming a Super Supporter. Your donation will help us to maintain the database.
Unfortunately, there’s no single resource where you can find all lease program data for free. Dealers pay tens of thousands in license fees each year for desking software to access OEM rates and incentives, including residuals (RV), money facto…
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