Calculating cost to lease

  • Thread starter Thread starter bevOrPhev
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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.
 
bobcubsfan said:
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.
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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.
 
bobcubsfan said:
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.
Click to expand...

it's on the detail from the link that @JyChevyVolt provided. Good finding - thank you !, will come handy when negotiate with other Honda dealer :)
 
JyChevyVolt said:
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.
Click to expand...
Good timing - Memorial Day Sales event + end of the month Sales Target !
they should've negotiate for Lease 2 get 1 Free lease :)
 
JyChevyVolt said:
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.
Click to expand...
Touring?
 
bobcubsfan said:
Well that beats my deal by a lot. Is the $900 after California rebate of $1500?
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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.
 
ab13 said:
From what I read, they bought 3 cars, all family relatives. Why they got the same color, who knows.
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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/
 
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.
 
Last edited:
JyChevyVolt said:
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.
Click to expand...
Hi,
any update on this lease ?
and which dealership is it?
 
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