2020 Civic LX Lease Good deal or not?

Jhubson1

What do you make of this lease?

MSRP 21,755
Dealer installed options
Splash guards $209
Wheel locks $129
Nitrogen filled tires $149
All season mats $259
Cargo tray $169
Total Price $22,670

Negotiated price $18456.25
Gross capitalized cost $19755.25 (including $695 acquisition, $599 doc fees, $5 insurance title and registration fee)
Residual $13053
Depreciation $6702.25
Rent charge $815.04
Total base payments 7517.29
Use tax $526.20
Initial registration $90
Local $40
State $44
Business $61.17

Total for entire lease period all inclusive $8278.66

Zip 37664

Jhubson1

Just wanted to add. The accessories were not wanted by any means. The best price I could have received without the accessories, and waiting a week for delivery, was $7924.42.

A competing dealer's "all in" offer was $7950 for 10,000 year on same car with no accessories.

Not really eager to make strong deals in this area.

Michaell

Jhubson1 said:

Just wanted to add. The accessories were not wanted by any means. The best price I could have received without the accessories, and waiting a week for delivery, was $7924.42.

A competing dealer's "all in" offer was $7950 for 10,000 year on same car with no accessories.

Not really eager to make strong deals in this area.

This may be the best you can do. End of the Model year, and inventory is tight. That gives the dealers the upper hand.

Michaell

Jhubson1 said:

What do you make of this lease?

MSRP 21,755
Dealer installed options
Splash guards $209
Wheel locks $129
Nitrogen filled tires $149
All season mats $259
Cargo tray $169
Total Price $22,670

Negotiated price $18456.25
Gross capitalized cost $19755.25 (including $695 acquisition, $599 doc fees, $5 insurance title and registration fee)
Residual $13053
Depreciation $6702.25
Rent charge $815.04
Total base payments 7517.29
Use tax $526.20
Initial registration $90
Local $40
State $44
Business $61.17

Total for entire lease period all inclusive $8278.66

Zip 37664

How is this quote different from the one you posted the other day?

The dealer installed accessories don't help - you are paying for 100% of that cost in the lease payments.

Jhubson1

This was a more comprehensive breakdown, thought it would make more sense. Where is the cost of the accessories indicated in the payment? Just trying to get a better understanding. Any help would be appreciated.