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Honda Civic Lease Questions

1445 messages,  Last post on May 13, 2013 at 11:25 AM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Honda Civic, Car Leasing, Coupe, Sedan

Messages Page 145 of 145

#1436 of 1445 Re: Damage to lease: Honda 3x500 [jipster] by jipster

Apr 16, 2013 (1:42 pm)

Replying to: jipster (Apr 16, 2013 1:41 am)
Got rear ended at stop sign today. No joke. Unbelievable.
 
They thought I was going, nice jolt and crunch. Thought no damage initially when looking at rear bumper. Took to body shop, does have a small crease/dent. NOTICEABLE.But, not bad. Thought $200-$300. It's $599! Have to remove rear bumper and repaint. Other driver gave me Insurance info, Safe Auto. I called, it's lapsed.
 
So, if repair was $100 less Honda would pay for. Don't know if they would require I fix as hardly NOTICEABLE.

#1437 of 1445 Re: Damage to lease: Honda 3x500 [jipster] by kyfdx HOST

Apr 16, 2013 (3:28 pm)

Replying to: jipster (Apr 16, 2013 1:42 pm)
Safe Auto.... Should have called the cops right there...

#1438 of 1445 Re: Any money for the Civic for April? [iwannagr8lease] by Car_man HOST

Apr 22, 2013 (4:13 pm)

Replying to: iwannagr8lease (Apr 12, 2013 12:51 am)
Hi iwannagr8lease. Yes, the $500 FlexCash certificates can be used on leases of the Civic. The trick is finding a dealer that will use one on your deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1439 of 1445 Re: About to Sign hope this is a good deal. [xbeatzx] by nrborod

Apr 26, 2013 (7:23 am)

Replying to: xbeatzx (Mar 25, 2013 3:45 pm)
Do I understand correctly that you got an EX-L Civic for 249.00 per month--or is it more--like $13 more per month.

#1440 of 1445 Leased a 2013 Civic LX by will_ksu

May 07, 2013 (4:40 pm)

Car_man,
 
Thanks in part to the information you provided (Ford Focus, Mazda 3, etc) I ended up getting a 2013 Honda Civic LX Automatic Sedan (Dyno Blue Pearl, to be precise) with no options. The details, for those interested:
$19755 MSRP
$18422 Negotiated Price
-$500 Flex Cash (Ended up being $100 from Honda, $400 from dealer due to their mistake)
+$595 Acquisition Fee
+$149 Dealer Fee
+$5 State Fees
-$0 down
 
There may be some other things in there as well I don't remember at the moment, but in the end I have a lease payment of about $226/mo. This includes local 8.55% sales tax. They also took in my old leased vehicle that I was going to have to pay to have some wear & tear replaced & that also had a trade-in value less than my residual. I think I would have preferred either the Focus or Mazda 3 as a car, but neither was worth at least an extra $25/mo in payments (not to mention higher insurance and registration costs).
 
So, thanks for your help!
Will_KSU

#1441 of 1445 Re: Leased a 2013 Civic LX [will_ksu] by lakerskobe

May 07, 2013 (4:53 pm)

Replying to: will_ksu (May 07, 2013 4:40 pm)
Why didn't you just go with the Honda subsidized lease?
 
http://automobiles.honda.com/current-offers-detail.aspx?modelname=Civic%20Sedan&- offerid=70133&modelid=FB2F5DEW&sf=2&ft=2

#1442 of 1445 Re: Leased a 2013 Civic LX [lakerskobe] by will_ksu

May 08, 2013 (10:45 am)

Replying to: lakerskobe (May 07, 2013 4:53 pm)
If you do the math, it ends up being cheaper than the subsidized lease:
 
Subsidized, $0 down, $0 first payment, $230/month for 35 months-
($230/month)*(1.0855 sales tax)*(35 months)=$8738 plus other fees
 
My deal, $0 down, $225.60/month for 36 months-
($225.60/month)*(36 months)=$8122 Total over 36 months (includes taxes)
 
I basically ended up with a deal costing me at least $600 less over the life of the lease compared with the subsidized lease, probably closer to $800 when dealer & state fees are included. Kansas collects sales tax from the buyer on all payments, rebates, incentives, dealer fees, etc, with the exception of the state $1.00 tire fee and manufacturer to dealer incentives.
 
I don't wish to show the math for it, as I didn't even consider placing a down payment, but the $169/mo, $2299 due at signing deal is actually more expensive than either my deal or even the $230/mo, $0 due at signing deal.

#1443 of 1445 Re: Leased a 2013 Civic LX [will_ksu] by Car_man HOST

May 08, 2013 (4:35 pm)

Replying to: will_ksu (May 07, 2013 4:40 pm)
You're very welcome will_ksu. Thanks for taking the time to come back and let us know how everything turned out. Enjoy your new ride !
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1444 of 1445 Re: Leased a 2013 Civic LX [will_ksu] by lakerskobe

May 09, 2013 (10:53 am)

Replying to: will_ksu (May 08, 2013 10:45 am)
I'm sure your lease costs more once you add the drive-off fees. Even $0 down leases have that.

#1445 of 1445 Re: Leased a 2013 Civic LX [lakerskobe] by will_ksu

May 13, 2013 (11:25 am)

Replying to: lakerskobe (May 09, 2013 10:53 am)
Just to be clear, the $225.60/month is everything: taxes, fees, & whatever else included. All fees are covered by the lease payment & I never had to pay anything other than the $225.60 for the first month when I signed the papers. The only other things I'll ever have to pay on this car are fuel, maintenance, insurance, and yearly property/registration taxes (handled at the county courthouse, never paid at the dealership in Kansas).
My Civic was leased at the end of April through Honda Financial at the same terms as their promoted leases (MF=0.00111, Residual=63%), but I negotiated a better selling price than those offered by the promoted leases.

Messages Page 145 of 145

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