Calculating cost to lease

When you quote lease payments be sure they include sales tax and how many payments (35 or 36) and miles allowed on the lease and how much actual out of pocket (drive off) $$$ are required. Otherwise impossible to compare.

 

MSRP: $ 37,490.00
Selling Price: $ 27,620.00
Monthly Payment: $ 385.00 including tax
Down Payment: $ 900.00 includs first mos, tax, reg, fees
**MSD: ** $0

**Months: ** 36
**Annual Mileage: ** 12,000
**MF: **
**Residual: ** 16,495.60

Zip Code: 92821

They got a pretty good deal.

 

it's on the detail from the link that @JyChevyVolt provided. Good finding - thank you !, will come handy when negotiate with other Honda dealer

 

Good timing - Memorial Day Sales event + end of the month Sales Target !
they should've negotiate for Lease 2 get 1 Free lease

 

The base version is $303+tax and $783.19 drive off.

I have the touring electric version but the base is a better deal. You only give up navigation, leather, and memory.

 

Touring?

 

$385 is touring
$303 is base

 

Well that beats my deal by a lot. Is the $900 after California rebate of $1500?

 

Nope. Straight drive off. Honda increased the lease cash to $7200. It will get cheaper and cheaper. You got the best deal when you purchased your car. It's useless to compare.

The Volt was going for $6600 one-pay, for 3 year lease deal. I knew something was wrong when Volt sales increased in March and April.

 

I know its not a big deal, but I also plan for my exit strategy, white and silver if well cared for ages better, they look better than say blk with all swirlmarks after few years on the road. Its not always true, but that is my preference so i advised my brother also to get white, its more popular for resale.

https://www.kbb.com/car-advice/articles/best-color-to-buy/

 

that was our plan all along!

 

I think I can get a real good deal on the touring trim. I'll go tomorrow and negotiate.

Shooting for
Drive off: $821 (include 1st month payment)
Monthly: $311+tax

Hopefully, I'll upload lots of pictures and lease agreement tomorrow.

 

Hi,
any update on this lease ?
and which dealership is it?