2016 Honda Accord Touring

fredarizonafredarizona Member Posts: 2
edited July 2016 in Honda
Arizona MSRP $35,515; Cap Cost $31,961 including Inception Fees of $1,459 which represents first month payment, doc fees, Lieu taxes and other smaller fees. The Lieu taxes are $583. Residual 50%, MR .38. Nothing down since Inception Fees are rolled into the Cap cost. Monthly cost $413 before taxes.

Questions:
What are lieu taxes?
Are there other manufacturer incentives I should ask about?
Monthly Lease cost good?

Answers

  • kyfdxkyfdx Moderator Posts: 252,720

    Arizona MSRP $35,515; Cap Cost $31,961 including Inception Fees of $1,459 which represents first month payment, doc fees, Lieu taxes and other smaller fees. The Lieu taxes are $583. Residual 50%, MR .38. Nothing down since Inception Fees are rolled into the Cap cost. Monthly cost $413 before taxes.

    Questions:
    What are lieu taxes?
    Are there other manufacturer incentives I should ask about?
    Monthly Lease cost good?

    .00038 MF and 50% residual for 36/12. $1850 lease cash.

    So, are you making the first payment, or is it rolled into the CAP cost, as well?
    No idea what "lieu taxes" might be. That's a good question for the dealer.
    With that MSRP and CAP cost, the payment is correct.

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