Good lease deal for 2015 Honda Accord EXL CVT with navigation?

maaimee

We live in Massachusetts. Wanted to see if this is good lease deal or not. Our car was totaled, not our fault, and need to get another quickly but don't want to be ripped off either.
MSRP $31,015
Lease price $26,092.00
Residual $16,748.10 (54% of MSRP)
Money factor 0.00039
Cash cap reduction 290.28
Total capped fees 595.00
Adjusted cap cost 26,396.72
total sales tax 658.94
lease factor 0.00039
Mileage 12,000 yr
Term 36 Months
Credit Super preferred
Monthly payment $300.00 ($284.84 plus tax =$302.64 but they agreed to $300.00 mo)

Due at signing $1,000.00 total including 6.25% MA tax. Amount due at signing consists of $290.28 down payment, $284.84 first months payment, $135.00 registration fee and $239.00 documentation fee (license/reg fees $374.00). No security deposit.

Thanks!
Aimee
[email protected]

kyfdx

maaimee said:

We live in Massachusetts. Wanted to see if this is good lease deal or not. Our car was totaled, not our fault, and need to get another quickly but don't want to be ripped off either.
MSRP $31,015
Lease price $26,092.00
Residual $16,748.10 (54% of MSRP)
Money factor 0.00039
Cash cap reduction 290.28
Total capped fees 595.00
Adjusted cap cost 26,396.72
total sales tax 658.94
lease factor 0.00039
Mileage 12,000 yr
Term 36 Months
Credit Super preferred
Monthly payment $300.00 ($284.84 plus tax =$302.64 but they agreed to $300.00 mo)

Due at signing $1,000.00 total including 6.25% MA tax. Amount due at signing consists of $290.28 down payment, $284.84 first months payment, $135.00 registration fee and $239.00 documentation fee (license/reg fees $374.00). No security deposit.

Thanks!
Aimee
[email protected]

That looks like a very good deal... $1000 due at signing and $300/mo. for a $31K MSRP car is good.

Calculations are on the money..