Lease Calculator
Leasing your new vehicle from Weymouth Honda helps support our investment in tools like this!
Our lease calculator took us a tremendous amount of time and effort to create, and we're the only dealer nationwide with this tool. We gladly offer this resource for your convenience, and, in return, we ask that you give us the opportunity to earn your business. While some dealers play games with customers, we consistently give you low prices from the start. We do things differently at Weymouth Honda, and we hope that you notice, appreciate, and prefer to do business with us.
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781.337.7400
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Leasing Explained |
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1Residuals are provided by American Honda. The residual is the projected value of the car at the end of the lease term, and the residual varies depending upon the model car, the duration of the lease in months, and the mileage of the lease. In the event that the lease mileage is exceeded, a mile overage fee will apply. 2In a lease, the average value of the vehicle is used to calculate interest. This simplifies the payment calculation and results in the same final total finance charge as varying the interest payment over the term of the lease. A money factor is used in place of an APR and complicated interest formula for determining the monthly interest. The money factor is multiplied by the sum of the Adj. Cap. Cost and the Residual Value to get the monthly interest charge. To find the money factor, the APR must be converted to decimal by dividing by 100, then converted from years to months by dividing by 12, and finally divided by 2 because it is multiplied by the sum of the Adj. Cap. Cost and the Residual Value, not the average. Therefore, the Money Factor is the APR divided by 2400. 3Finance rate depends on Honda special programs and is subject to change at any time. Rates available upon AHFC approval. Security deposit Waived in this scenario. Depending upon circumstances, either a security deposit or a 0.00010 money factor increase may be required.


