Wondering if the lease I was offered is a good deal

kareemhalem

New Jersey Dealership on a black 2021 Civic Sedan LX

Purchase Price: $19,233
36 Months, 10k miles
61% residual
1400 down

$214.38 monthly payment

kyfdx

kareemhalem said:

New Jersey Dealership on a black 2021 Civic Sedan LX

Purchase Price: $19,233
36 Months, 10k miles
61% residual
1400 down

$214.38 monthly payment

What is the MSRP?
Is $1400 the full amount Due at Signing?
Adjusted CAP cost?

.00079 MF and 61% residual
$900 incentive

kareemhalem

What is the MSRP?
Is $1400 the full amount Due at Signing?
Adjusted CAP cost?

.00079 MF and 61% residual
$900 incentive


MSRP is $22,005 and 1400 is the full amount due at signing

kyfdx

kareemhalem said:

What is the MSRP?
Is $1400 the full amount Due at Signing?
Adjusted CAP cost?

.00079 MF and 61% residual
$900 incentive


MSRP is $22,005 and 1400 is the full amount due at signing

Adjusted CAP has to be approx $20.200 to get that payment.
$977 over the selling price
+$1186 extra upfront, over the 1st payment
= $2163 of "other" charges

$595 acq.fee
$600 sales tax (est)
$300 DMV (est)
=$1495

That leaves approx $668 unaccounted for.

My estimates could be off, and I'm sure a NJ dealer has a big dealer/doc fee.

I'd want an accounting of all the charges,

The discount looks good, and it looks like a pretty good deal.