Last post on Dec 09, 2013 at 5:19 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Civic, Car Leasing, Coupe, Sedan
#1169 of 1599 Re: 2012 Civic LX featured lease [sportflyer1]
May 15, 2011 (4:52 am)
After crunching the numbers I felt that Honda's standard lease is okay for a lease, but a lot more expensive than just buying, I think it was about $2,000 more if you buy the car after 3 years. So I decided to purchase, Honda dealers were only giving a few hundred dollars of MSRP, saying that it is a supply problem. Also owned VW's over the years and I am familiar with which versions are of acceptable reliability. Test drove a 2011 Volkswagen Golf 2.5, was impressed with its quality etc. They had few cars available around the area. the Golf is low volume compared to the Jetta, but they got us the car of our color choice shark blue metallic w/blue tooth and $100 over invoice, 2.9 % interest for 60 months and paid me exactly what I wanted for my trade. Thank you Forum for warning me that Honda does not discount.
#1170 of 1599 Re: 2012 Civic LX featured lease [bobash]
May 17, 2011 (6:41 pm)
Thanks for the guide on leasing, the original reason I was interested in leasing was to get a price guide that would prevent the Honda dealers from trying to charge me higher than MSRP on a 2012 Civic. I felt that purchasing a car after the lease, I would have spent extra on acquisition fees, and also on the disposition fee, and the sales tax tack on to the interest. Buying is better, the 2012 Civics interior especially the seats are so plain they look like they came of a 2005 Ford Focus. I bought a VW Golf this weekend at invoice price and low 2.9% interest. The interior looks and feels like it came off an Audi.
#1172 of 1599 36m/12K Lease numbers for 2012 Civic LX Manual
May 19, 2011 (12:36 pm)
What are residual and money factor for 36months/12K lease for 2012 Civic LX manual ?
I just got an offer for $17000 including destination. The dealer is in MA.
Thanks a lot in advance,
#1173 of 1599 Re: 36m/12K Lease numbers for 2012 Civic LX Manual [alex177]
May 19, 2011 (2:45 pm)
Forgot to mention MSRP: $18,605 (17,855 + 750)
#1174 of 1599 Re: 36m/12K Lease numbers for 2012 Civic LX Manual [alex177]
May 20, 2011 (5:55 am)
Answering my own question:
Residual for 36m/12k lease - %67
Money Factor for perfect credit: - 0.002
#1175 of 1599 Re: 36m/12K Lease numbers for 2012 Civic LX Manual [alex177]
May 20, 2011 (11:36 am)
And correcting myself:
%67 residual is for Automatic transmission. Manual is only %60.
#1176 of 1599 Re: 36m/12K Lease numbers for 2012 Civic LX Manual [alex177]
May 20, 2011 (7:54 pm)
That is an excellent price, a small dealer nearby tried to sell me at msrp and a bigger dealer offered an LX for $19,000 both automatics and said I was lucky to get that price. I decided to buy a more expensive VW Golf that was $100 over invoice plus 2.9% for 60 months. Lesson learned is over confident Honda salesmen will not get a sale. By the way 2012 Civics are on the recall news today for fuel tank leaks caused by a manufacturing defect.
#1177 of 1599 Re: 36m/12K Lease numbers for 2012 Civic LX Manual [alex177]
May 22, 2011 (3:40 pm)
Here's the information that you are looking for, Alex.
Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2012 Civic LX with 12,000 miles per year are .00200 and 67%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Prices Paid: Buying & Leasing Experiences Forum
#1178 of 1599 Anyone know the current lease deals in CA?
Jun 02, 2011 (1:38 pm)
Anyone know the current lease deals in CA for a 2012 Civic LX Sedan with a manual transmission?
I am at the end of a lease on a 2008 (same specs: Civic LX Sedan with a manual transmission), and would prefer to get into another lease on an updated version of my car. I was trying to get into a manual 2011 a few months ago, but there were none available on the west coast!
Now I am trying to decide if I should buy my 2008, lease a 2012, or look into other similar cars...
Do you guys think it would be better to buy or lease a new 2012?
I really was hoping to get the same deal I got last time = $0 down, $200 a month before tax. They were offering just about the same deal up until May, but I refuse to drive an automatic, so I couldn't take advantage of it...
Thanks for your help!