I just leased one last week, for $217 month, $1000 down 10,000 miles. Dealer took $7500 Fed rebate. This included all Sales Tax, acq fee, registration, plates, doc fees, AND first months lease payment. Up charge paint. All for $1000 down. AWD EX, 36 month lease. I did get the $1000 Conquest rebate credit.
@@rayh2808This is a great deal! Where are you located? I've been working with 4 dealers on the Touring AWD and got the best offer with $0 down and $350/month (all included). $149 for the Touring model seems impossible unless a trade-in was involved. P.S. MF 0.00157
@@RaviWadan Ravi I have a question. We just leased this vehicle for my wife. The offer was 3390 down 149 a month for 24 months. The dealership tried to plays some gave and came back with the first offer of 5000 down 775 a month! WTF? Eventually we got a lease of 5000 down and 189 a month. ( The extra 1000 down was half the tax bill of 2000 the other half went into payments) which from your metric is about .7, very good deal. SO, this is the interesting part, the contract paper work had to be redone a few days later due to the car being switched and a different VIN having to be put down. On the second contract it shows the lease to be 36 months not 24 as shown on the first contract. (which gives the deal a .6!) Have you ever heard of a dealership screwing up like that? If so what was the outcome?
@@soupatroopuh3696 Well our outcome was about 2 weeks after signing the lease the dealership called my wife and told her she needed to come back in because they needed to "fix" somethings on the lease. When she asked what things, they wouldn't or couldn't answer. Which is really lame. She hadn't filled out the survey yet and gave them a poor score. Almost immediately and different person called about the poor score, she explained we were in the dealer for a very long time trying to lease the car ( 5 hours) and then had to comeback to finish the paper work a different day. THEN got a call about fixing the lease with no other info. In the end it was switched back to the 24 month lease, however she negotiated 12K a year instead of 10K and $300 off the home charging device we got from Honda. Not a great experience, BUT we did get a good lease deal. However, I did learn from this experience is that the advantage is with the dealership. There is no "cooling off period" for the buyer but it seems the dealership can change things as they see fit. I don't think they would of been willing to change things if a mistake was made in their favor.
No dealership will match these fictional deals....dealerships in the NE want about 250 per month 10k miles 36 months AND btwn 5 and 6k on the touring model
@@jimmyjamesl2318 Well I'm in Vermont. When local dealer wouldn't give me the lease rate I wanted, I went to NY State, Plattsburgh, for 36 month lease, 217/month 10K mileage. That's for a base EX, AWD. Dealer covered all closing costs, reg, acq, doc fees, taxes and plates. All included. Dealer took the $7500 Federal Rebate. Dealer paid first lease payment, too !
I t is called "cap cost reduction " sir. without the $2000 i would increase the payment accordingly. stop saying " down" payment. That , would be for a retail contract. You are RENTING when you are leasing
Some incorrect information on the $7,500 in the video. When you buy you get that credit as well. Matter of fact it comes off the price of the car at purchase. However, it is the buyers responsibility to make sure they are under the income limit and that they have a tax liability of at least $7,500.
You have to go in at night, end of the month preferably. I just beat the deal on the site. I had to fight them, but that’s why you at night, about 2-3 hours before they close. Let them show you their first BS offer. Tell them your terms and you are doing back and forth. If they don’t do it, just leave. Do not pay for add ons.
@@Sunshone7311 You can play one dealer against another. I took a test drive in daylight at one dealer. Another dealer gave me a better offer in writing. Ended up leasing from the second dealer. Went to the second dealership, they took a personal check for $1000, then I drove home in the dark. Lease term $217/month for 36 months. All closing costs Tax, Doc fees, Acq, plates, registration and first month lease payment included. No add ons. AWD EX.
I just leased a 2024 Honda Prologue Touring for $149/month for 24 months with $1,500 in drive off fees. That is an exceptional deal.
I checked the website but didn't find this deal. Can you share where you found it or if it was a special offer?
Hi, Can you share the name of the dealership and location?
I just leased one last week, for $217 month, $1000 down 10,000 miles. Dealer took $7500 Fed rebate. This included all Sales Tax, acq fee, registration, plates, doc fees, AND first months lease payment. Up charge paint. All for $1000 down. AWD EX, 36 month lease. I did get the $1000 Conquest rebate credit.
@@rayh2808This is a great deal! Where are you located? I've been working with 4 dealers on the Touring AWD and got the best offer with $0 down and $350/month (all included). $149 for the Touring model seems impossible unless a trade-in was involved.
P.S. MF 0.00157
It was in Denver at AutoNation Honda dealership.
I have 15k negative equity on my car. Do you think the prologue will eat that?
in my area it says $319 for $2099 due at signing. about $377/month with no money down. good deal still?
Thank you for detailed explanation..Do we need to pay taxes on $259 ?
Ravi
Please do a new episode on leasing VS purchasing a BMW M44i AWD
It says it expires 10/31/2024.
Is it still valid?
Yes it is - offer is now valid until January 2 of next year!
Good explanation 👍
Thank you!
@@RaviWadan Ravi I have a question. We just leased this vehicle for my wife. The offer was 3390 down 149 a month for 24 months. The dealership tried to plays some gave and came back with the first offer of 5000 down 775 a month! WTF? Eventually we got a lease of 5000 down and 189 a month. ( The extra 1000 down was half the tax bill of 2000 the other half went into payments) which from your metric is about .7, very good deal. SO, this is the interesting part, the contract paper work had to be redone a few days later due to the car being switched and a different VIN having to be put down. On the second contract it shows the lease to be 36 months not 24 as shown on the first contract. (which gives the deal a .6!) Have you ever heard of a dealership screwing up like that? If so what was the outcome?
@@1diggers1i would also like to know the results of such an outcome 😮
@@soupatroopuh3696 Well our outcome was about 2 weeks after signing the lease the dealership called my wife and told her she needed to come back in because they needed to "fix" somethings on the lease. When she asked what things, they wouldn't or couldn't answer. Which is really lame. She hadn't filled out the survey yet and gave them a poor score. Almost immediately and different person called about the poor score, she explained we were in the dealer for a very long time trying to lease the car ( 5 hours) and then had to comeback to finish the paper work a different day. THEN got a call about fixing the lease with no other info.
In the end it was switched back to the 24 month lease, however she negotiated 12K a year instead of 10K and $300 off the home charging device we got from Honda. Not a great experience, BUT we did get a good lease deal.
However, I did learn from this experience is that the advantage is with the dealership. There is no "cooling off period" for the buyer but it seems the dealership can change things as they see fit. I don't think they would of been willing to change things if a mistake was made in their favor.
My 2 local dealerships will not match it
No dealership will match these fictional deals....dealerships in the NE want about 250 per month 10k miles 36 months AND btwn 5 and 6k on the touring model
@@jimmyjamesl2318
Well I'm in Vermont. When local dealer wouldn't give me the lease rate I wanted, I went to NY State, Plattsburgh, for 36 month lease,
217/month 10K mileage. That's for a base EX, AWD. Dealer covered all closing costs, reg, acq, doc fees, taxes and plates. All included.
Dealer took the $7500 Federal Rebate.
Dealer paid first lease payment, too !
Just find out it is built by GM same as Blazer just Honda badge
I t is called "cap cost reduction " sir. without the $2000 i would increase the payment accordingly. stop saying " down" payment. That , would be for a retail contract. You are RENTING when you are leasing
Some incorrect information on the $7,500 in the video. When you buy you get that credit as well. Matter of fact it comes off the price of the car at purchase. However, it is the buyers responsibility to make sure they are under the income limit and that they have a tax liability of at least $7,500.
The tax liability does not matter any longer, only the income limits.
Theyll need to get these things under 250 a mo full in nothing down to move them
You have to go in at night, end of the month preferably. I just beat the deal on the site. I had to fight them, but that’s why you at night, about 2-3 hours before they close. Let them show you their first BS offer. Tell them your terms and you are doing back and forth. If they don’t do it, just leave. Do not pay for add ons.
@@Sunshone7311 You can play one dealer against another. I took a test drive in daylight at one dealer. Another dealer gave me a better offer in writing. Ended up leasing from the second dealer. Went to the second dealership, they took a personal check for $1000, then I drove home in the dark. Lease term $217/month for 36 months. All closing costs Tax, Doc fees, Acq, plates, registration and first month lease payment included. No add ons. AWD EX.