Is this a good lease deal?
My transmission blew up on a 9 year old Honda and I’m now trying to get into something new because the transmission replacement is a few grand more than the car is worth at this point. Because of this, we’re stuck not being able to afford some of these vehicles and don’t want to purchase a used car after this debacle thus we came across a lease option on a car the wife loves.
Lease numbers Dealer has a 2024 palisade SEL premium MSRP is 47k, sale price is 45k, 65% residual value (30k) 36 month 12k miles with a 0.00136 money factor. I know that leasing is technically the most expensive way to “own” a car, but does this seem like a good or at least standard lease deal?