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LX AWD lease pricing

soccermomof3soccermomof3 Posts: 1
edited May 2015 in Honda
need advice on whether pricing is decent or not for PA -- MSRP is 25,575; lease would be 36/12k miles per year; purchase option 16,368 which is 64%(residual ) of 25575.00 (msrp); base payment is 266.04 or 289.98 all in no money at signing; he said he's giving me invoice price of 24,146.99; not sure the mf rate but here's a breakdown of what they sent...Please let me now ASAP if it's worth pursuing. From what I have read on other posts, it looks like I can get this lease for at least $25 cheaper per month -- right?

Payment Details
Term 36
Base Payment 266.04
Total Payment 289.98
Purchase Option 16,368.00
MSRP 25,575.00
Est. Miles Per Year 12,000
Disposition Fee 350.00
Excess Mileage Charge 0.15

Amount Due at Signing

1st Month Payment 289.98
Fees & Insurance 295.00
Upfront Taxes 5.00
Total Inception Fees 589.98
Net Trade as Cap Reduction 500.00
Total Drive Off 1,089.98

How Inception Fees are Paid
Inception Fees Waived 589.98
Total Credits 589.98

Remaining Due (Still Owed) 0.00

Total Cash Required on Delivery 0.00


Comments

  • kyfdxkyfdx Posts: 148,817

    need advice on whether pricing is decent or not for PA -- MSRP is 25,575; lease would be 36/12k miles per year; purchase option 16,368 which is 64%(residual ) of 25575.00 (msrp); base payment is 266.04 or 289.98 all in no money at signing; he said he's giving me invoice price of 24,146.99; not sure the mf rate but here's a breakdown of what they sent...Please let me now ASAP if it's worth pursuing. From what I have read on other posts, it looks like I can get this lease for at least $25 cheaper per month -- right?

    Payment Details
    Term 36
    Base Payment 266.04
    Total Payment 289.98
    Purchase Option 16,368.00
    MSRP 25,575.00
    Est. Miles Per Year 12,000
    Disposition Fee 350.00
    Excess Mileage Charge 0.15

    Amount Due at Signing

    1st Month Payment 289.98
    Fees & Insurance 295.00
    Upfront Taxes 5.00
    Total Inception Fees 589.98
    Net Trade as Cap Reduction 500.00
    Total Drive Off 1,089.98

    How Inception Fees are Paid
    Inception Fees Waived 589.98
    Total Credits 589.98

    Remaining Due (Still Owed) 0.00

    Total Cash Required on Delivery 0.00


    The advertised lease on this model is $260/mo.+tax, with $0 due at signing.

    Looks like you are pretty close to that.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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