Last post on May 23, 2013 at 1:44 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda Civic CRX, Honda Civic, Honda Civic del Sol, Coupe, Hatchback, Sedan
#10203 of 10534 Early exit of leased Civic LX
Apr 01, 2012 (9:39 am)
I have leased a 2012 Civic in 2011 Nov for 24 months (Seattle, WA). The car has done 1650 miles only. The monthly payments are $363 and the current payoff amount is $18500. There is now a problem. I wish to leave the country in November 2012 as I am not from the US (better job back home). Therefore I wish to get out of the lease. What options do I have? I know that I could complete the 18K payoff on the car and sell it again. What else? Honda does not allow lease transfers. Could I just pay the remaining lease payments ($368 X remaining months) and get out of this? Are there any penalties involved? How much of a mess am I in?
Looking forward to everyones responses
#10204 of 10534 Lease Civic EX
Apr 01, 2012 (12:33 pm)
Hi guys.. I just completed this deal
3 year - 12,000 miles/year
Money factor .0013
Monthly payment $200 (incld tax, license, and fees)
Down payment $1500 (incd tax, license, and fees + 1st month pmt)
What did u guys think?
Apr 02, 2012 (11:05 am)
Got a new Honda Civic LX. End of the month deal and on the last day of the month.
Final Price: $18,159 (no trade-in)
LX Model - $15,882
Destination - $770
Mass tax - 6.25%.....$1041
Title, registration and doc fee - $465
#10206 of 10534 Bought White Civic EX-L with NAV
Apr 04, 2012 (4:57 am)
Bought White Civic EX-L with NAV on April 2 and picked it up yesterday in Dallas. Price Paid 21905+TTL which included window tint, splash guards, wheel locks, cargo tray, and some protection package for door handles, rear bumper etc. Traded in a 2000 Acura 3.2TL and dealer paid fair price for the trade in based on craig's list postings for similar cars in Dallas. Another competing offer was for approx 21400+TTL without any dealer adds, but the dealer was 30 miles away. Also a warehouse store that has a car service offer was 500 below invoice, again with a dealership about 20 miles away. My dealer is about 5 miles. Also took the Honda financing for 36 months to get the 500 "rebate" on 1st months pmt. Dealer add-ons were about 1700 at full price.
I called the dealer to make sure the car was inside due to hail storms in dallas. Our area got hit very bad. luckily it was in the shop for window tinting when the storms hit.
#10207 of 10534 Re: Early exit of leased Civic LX [patkar]
by kyfdx HOST
Apr 04, 2012 (9:48 am)
You can't just pay the payments and drop off the car...
You can solicit offers from dealers on the car.. The advantage is that you won't have to buy the car (and pay sales tax) before then selling it to someone else. The disadvantage is that a dealer won't give you as much as a private buyer..
You might still take a bath, but late model Civics hold their value extremely well.... even if you don't break even, you'll likely be out a lot less than the remaining $6500 in payments on the lease.. There are plenty of Honda dealers in a city the size of Seattle... shop it around, and see what happens.
If the Honda dealers aren't playing ball, try CarMax.
#10208 of 10534 2012 Honda Civic EX Price $19,250
Apr 05, 2012 (8:22 am)
In Hampton Roads, Virginia.
Just picked up a 2012 Honda Civic EX for $19,250 + TTL (price includes destination and $250 dealer processing fee). No trade.
Included dealer added "Appearance Package" (wheel locks, mudguards, pinstripe).
Apr 06, 2012 (8:38 pm)
Got my new 2012 Honda civic lx tody....out the door for $17000. all taxes title and fees included....no trade...no down...and fully financed through American Honda at 1.9% ..$297/mo for sixty months. Cincinnati
#10210 of 10534 Re: drove it home [have2civics]
Apr 06, 2012 (8:43 pm)
Forgot to mention that its an automatic
#10211 of 10534 press request
by kirstie_h HOST
Apr 12, 2012 (9:38 am)
If you recently traded in a gas guzzler for a more fuel-efficient new vehicle, a reporter wants to talk with you. Please email PRedmunds.com no later than Friday, April 13, 2012 with your daytime contact info and the makes and models of the vehicles.
#10212 of 10534 Re: drove it home [have2civics]
Apr 13, 2012 (11:05 am)
That's very good deal. may I ask how much is sale tax in your area?
Is it a sedan or coupe?
Here's in Bay Area, CA that they have a sale for 16.9K for LX auto sedan+ tax and doc. fee. Almost the same with your OTD.
Could you tell us what's exactly price? tax? doc. fee?
Thanks for sharing.