lease

r_n007r_n007 Member Posts: 3
edited June 2023 in Honda
Hi,
Looking for Honda Accord Hybrid Sport-L money factor, cap cost, incentives for 36 mo lease 10K or 12K/yr. Zip code 92122

Comments

  • MichaellMichaell Moderator Posts: 255,659
    r_n007 said:

    Hi,
    Looking for Honda Accord Hybrid Sport-L money factor, cap cost, incentives for 36 mo lease 10K or 12K/yr. Zip code 92122

    36/12
    .00204 MF and 61% residual
    No lease incentives

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  • r_n007r_n007 Member Posts: 3
    Thank you!
    Why am I only able to find model year 2022 on the lease calculator and other comparison tools on this site?
  • MichaellMichaell Moderator Posts: 255,659
    r_n007 said:

    Thank you!
    Why am I only able to find model year 2022 on the lease calculator and other comparison tools on this site?

    I don't know - we aren't in charge of other content.

    I'll pass along your concerns, however.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 255,659
    Michaell said:

    r_n007 said:

    Thank you!
    Why am I only able to find model year 2022 on the lease calculator and other comparison tools on this site?

    I don't know - we aren't in charge of other content.

    I'll pass along your concerns, however.
    We just tested the calculator, and both 2022 and 2023 are available. Not sure what you did differently.

    Edmunds Price Checker
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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • r_n007r_n007 Member Posts: 3
    Changing to 2023 Accord Hybrid Touring, dealer is offering the following 36 mo lease: MSRP $38,985, 10K miles/yr, 60% residual, gross cap cost $36,580, cap cost reduction $902.15, adjusted cap cost $35,677.85, mo payment $497.59, money factor .00204, cash down $1,120 and rebate $1000 (amounts due drive-offs $2,120). Seems like a good deal...your opinion?
  • MichaellMichaell Moderator Posts: 255,659
    r_n007 said:

    Changing to 2023 Accord Hybrid Touring, dealer is offering the following 36 mo lease: MSRP $38,985, 10K miles/yr, 60% residual, gross cap cost $36,580, cap cost reduction $902.15, adjusted cap cost $35,677.85, mo payment $497.59, money factor .00204, cash down $1,120 and rebate $1000 (amounts due drive-offs $2,120). Seems like a good deal...your opinion?

    Yes, seems like a good deal.

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • nocvpnocvp Member Posts: 3
    Location: 07653
    2023 Honda Accord Hybrid EX-L (Meteorite Gray Metallic)


    Dealer offering the following 36 mo lease: MSRP: $34,138.68
, 10K miles/yr, 60% residual, mo payment: $490, cash down $3,747.05

    Additional Equipment: Tire & Wheel Coverage: $1,000

    Itemization of cash due at delivery:
1st Monthly Payment: $490
    Registration/ Title Fee (Estimated): $229.50
    Documentary Charges: $799
- Clerical: $437
    - Document Transmittal: $362
    Tire Tax ($1.50 per new tire): $7.50
    Bank / Acquisition Fee: $595.00

    Total Cash Due at Delivery: $3,747.05
    Seems like a good deal?
  • MichaellMichaell Moderator Posts: 255,659
    nocvp said:

    Location: 07653
    2023 Honda Accord Hybrid EX-L (Meteorite Gray Metallic)


    Dealer offering the following 36 mo lease: MSRP: $34,138.68
, 10K miles/yr, 60% residual, mo payment: $490, cash down $3,747.05

    Additional Equipment: Tire & Wheel Coverage: $1,000

    Itemization of cash due at delivery:
1st Monthly Payment: $490
    Registration/ Title Fee (Estimated): $229.50
    Documentary Charges: $799
- Clerical: $437
    - Document Transmittal: $362
    Tire Tax ($1.50 per new tire): $7.50
    Bank / Acquisition Fee: $595.00

    Total Cash Due at Delivery: $3,747.05
    Seems like a good deal?

    Ask for the full itemization of the Cash Due at Delivery, as the numbers you give aren't close to the total amount due.

    Are the sales taxes part of the monthly payment, or part of the upfront cash?

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  • nocvpnocvp Member Posts: 3
    Yes i was just notified the sales tax is part of the upfront cash / down payment.
  • MichaellMichaell Moderator Posts: 255,659
    nocvp said:

    Yes i was just notified the sales tax is part of the upfront cash / down payment.

    Hmm, the 60% residual is for 36/12; it would be 61% for 36/10.

    Was there any negotiated discount from sticker, or is the cap cost the MSRP?

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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

  • nocvpnocvp Member Posts: 3


  • MichaellMichaell Moderator Posts: 255,659
    nocvp said:



    Why is the selling price almost $2K higher than the MSRP? Simple greed?

    Have you shopped around? Is this the best deal you've gotten?

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige

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