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Lease deal

Trade in a lease Honda Pilot EX-L with the payoff of $20,157 appraised $22,500
The new car is a 2016 LexusNX 200t AWD
MSRP $42,153 3 year lease 10,000 miles $419 per month. Residual value $26000
I don't know what the MF is and I'm not sure if this is a good deal or not. Help!
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Comments
Other than the trade equity, did you have to come up with any cash at signing?
Do you know the selling price of the Lexus?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
No I don't have to put any money down other than the trade.
The selling price of the Lexus $38,280
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Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4