How much does it cost to lease a 2021 Honda Passport?
The average lease option for the 2021 Honda Passport is $429 per month for a 36-month term, 12,000 miles per year, and $2,000 due at signing. Monthly payments can range from $419/mo to $578/mo depending on lease duration and annual mileage.
How do dealers calculate lease?
How is the lease payment calculated?
- Start with the sticker price (MSRP) of the car.
- Take the MSRP and multiply it by the residual percentage.
- This equals the residual value.
- Then take the negotiated selling price of the car.
- Add in the fees to get the gross capitalized cost.
- Subtract your down payment and rebates.
Will there be any changes to the 2021 Honda Passport?
The 2021 Passport only receives a small update for the new model year, with base models adding a newly standard 8.0-inch touchscreen infotainment system versus the old 5.0-inch display. The rest of the lineup is unchanged except for a small increase in starting prices.
What should I pay for a Honda Passport?
How Much Does the Honda Passport Cost? The Passport has a starting MSRP of $32,590. That’s above average for the class. The top-trim Elite starts at just under $44,000.
How are lease rates calculated?
You may use the mathematical formula to calculate the monthly lease payments. PMT = PV – FV / [(1+i)^n / (1 – (1 / (1+i)^n / i)] For example, the cost of the leased asset is Rs 2,00,000. The residual value is Rs 50,000. The rate of interest is 8%.
Does 2021 Honda Passport have remote start?
It’s standard with remote engine start The 2021 Honda Passport comes standard with some pretty nifty features too. If you live in an environment comparable to the arctic tundra, much like I do, then you’re going to want an SUV that offers remote start.
How much does it cost to lease a Honda Passport?
The estimated monthly payment to lease a 2021 Honda Passport EX-L is $404 per month, for 36 months. There are many other leasing options available depending on exactly what features you want, including a 2021 Honda Passport Sport, for $341/mo, or a 2021 Honda Passport Sport, for $404/mo, for 36 months.
What’s the interest rate on a Honda Passport?
0% financing for 24-36 months on Passport. (Expires: 07/06/21) 0.9% financing for 37-48 months on Passport. (Expires: 07/06/21) 1.9% financing for 49-60 months on Passport. (Expires: 07/06/21) Deals are samples from the manufacturer. Availability may vary based on location. Contact your dealer for details and qualification.
Is the Honda Passport AWD all wheel drive?
This Honda Passport Sport AWD is the vehicle for you. When the Honda Passport Sport AWD was created, it was automatically enhanced by having the performance ability of all wheel drive.
What are the features of a Honda Passport?
This Honda Passport Sport comes with great features including: Bluetooth, All Wheel Drive, Keyless Entry, Tire Pressure Monitors, Cruise Control, Security System, Fog Lights, Traction Control, ABS Brakes, and Auto Climate Control .