Car Buying Advice-lease on 2017 Honda Accord EX-L

Shubham1Tripathi

MSRP 27702
Monthly 399 (includes title dock taxes)
residual 15493

is this a good deal since this is my 1st car purchase.

Michaell

Shubham1Tripathi said:

MSRP 27702
Monthly 399 (includes title dock taxes)
residual 15493

is this a good deal since this is my 1st car purchase.

What is the selling price?

What is the lease term and how many miles a year is this for?

What state and tax rate is this?

The payment looks high, but without the details we won't know for sure.

Shubham1Tripathi

12000 miles/year
0 down
indiana
7% is the state tax

he texted me 0.00178 (leasing buy rate) which i dont know what it is.

Michaell

Shubham1Tripathi said:

12000 miles/year
0 down
indiana
7% is the state tax

he texted me 0.00178 (leasing buy rate) which i dont know what it is.

That MF is way too high; base rate is .00083 for top tier credit