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Lease Quote on Civic Hatchback EX

defenestrateddefenestrated Member Posts: 12
edited February 2021 in Honda
Sorry to be a noob but I'm trying to decipher a quote I received. I'm located in 07083.

"MSRP $25,455 + $795 ACC = $26,240
SELLING $23,000 + ACC $795 = $23,785
0 DOWN
36 MONTHS
10K
$295.75

1ST PAYMENT AND MOTOR VEHICLE FEES
301 MV
295.76 1ST PAYMENT
596.76"

Looks like the "acc" is the dealer's acquisition fee so would "$23,785" be the gross cap cost?
I'm not sure what the bottom "596.79" number is - taxes? If so, would that need to be added to get a gross cap cost totaling $24,381.79?
Any help confirming or correcting would be much appreciated. Thanks.

Answers

  • MichaellMichaell Moderator Posts: 234,438

    Sorry to be a noob but I'm trying to decipher a quote I received. I'm located in 07083.

    "MSRP $25,455 + $795 ACC = $26,240
    SELLING $23,000 + ACC $795 = $23,785
    0 DOWN
    36 MONTHS
    10K
    $295.75

    1ST PAYMENT AND MOTOR VEHICLE FEES
    301 MV
    295.76 1ST PAYMENT
    596.76"

    Looks like the "acc" is the dealer's acquisition fee so would "$23,785" be the gross cap cost?
    I'm not sure what the bottom "596.79" number is - taxes? If so, would that need to be added to get a gross cap cost totaling $24,381.79?
    Any help confirming or correcting would be much appreciated. Thanks.

    The Honda acquisition fee is $595; I wonder if the dealer doc fee is $795.

    What state is this?

    The $596 is the first payment and the registration costs of $301.

    Ask for a screen shot of the dealer worksheet.

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  • defenestrateddefenestrated Member Posts: 12
    Oh right, math clearly isn't my strong suit. It's NJ. Thanks for the $595 acquisition clarification.
    I guess $795 might be the doc fee. I've just never seen anyplace try to go over $699 in my area. And I'm not sure what ACC would stand for aside from adj cap cost.
    But I'll see about a dealer worksheet, thanks.
  • kyfdxkyfdx Moderator Posts: 228,434

    Oh right, math clearly isn't my strong suit. It's NJ. Thanks for the $595 acquisition clarification.
    I guess $795 might be the doc fee. I've just never seen anyplace try to go over $699 in my area. And I'm not sure what ACC would stand for aside from adj cap cost.
    But I'll see about a dealer worksheet, thanks.

    ACC = accessories?

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