Lease 2015 Honda Accord LX cvt

scarfinger68

I just leased a "2015 Honda Accord LX cvt" 3yr/36000 miles

I am not positive about all the numbers but I will post what I have:

MSRP 23,123.06
---------
Negotiated price: 21,530.73

Sales tax (7.25%): 607.33

License/title/registration fees: 140.00

Dealer DOC fee: 250.00

Acquisition fee: 595.00

all fees/tax title/doc/acquisition = Gross cap cost of 23,123.06
---------

RV: 13,970.25

Depreciation: 9,152.81

rent charge: 387.19

total cost of lease: 9540.00 + 350.00 turn in fee = 9890.00
----------

No money down, first month paid by dealer, 265.00 month due in 30 days.

so, not too sure what the fine print like MF turns out to be.

I think its a good deal but honestly I am not sure. They one thing that surprised me was the turn in fee of 350$

Any comments?

kyfdx

scarfinger68 said:

I just leased a "2015 Honda Accord LX cvt" 3yr/36000 miles

I am not positive about all the numbers but I will post what I have:

MSRP 23,123.06
---------
Negotiated price: 21,530.73

Sales tax (7.25%): 607.33

License/title/registration fees: 140.00

Dealer DOC fee: 250.00

Acquisition fee: 595.00

all fees/tax title/doc/acquisition = Gross cap cost of 23,123.06
---------

RV: 13,970.25

Depreciation: 9,152.81

rent charge: 387.19

total cost of lease: 9540.00 + 350.00 turn in fee = 9890.00
----------

No money down, first month paid by dealer, 265.00 month due in 30 days.

so, not too sure what the fine print like MF turns out to be.

I think its a good deal but honestly I am not sure. They one thing that surprised me was the turn in fee of 350$

Any comments?

I think your MSRP is a typo, as it's the same as your Gross CAP. More likely that the MSRP is around $23,675, given that residual.

On the $0 due at signing, lease the MF is .00029 and the residual for that model is 59%.

My calculations come out to $265/mo, as well..

Disposition fees are a fact of life with leases.. The bank will waive it usually, if you lease the next car with them.

Looks like a fair deal.. $265/mo is pretty cheap given that it is "Sign and Drive".

Guessing you are in Ohio?