Last post on May 20, 2013 at 7:28 PM
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Honda Civic, Car Leasing, Coupe, Sedan
#1274 of 1446 2012 Honda civic XL Automatic-lease
May 20, 2012 (5:52 pm)
Hi! I would like to ask the lease qouted by this dealer if it is good/best deal.
MSRP=$19,425 ( 2012 Honda Civic LX 4 door Automatic)
Acquisition Lease Fee=$595
IA Sales Tax=$304.43
Tilte Fee= $25.00
1 year license paltes=$232
Net Capital Cost=$19231.43
Money Factor= 0.000670
12,000 miles per year
Residual 67%='s $13014.75
Monthly Payment= $280.63
This figured with absolutely zero money down, and do not have to make a first payment. You will only have 23 payments over the course of the lease. Is this fair enough? thank you.
#1275 of 1446 Re: 2012 Civic EX sedan lease [felixdc]
May 21, 2012 (2:02 pm)
MY Monthly payment negotiated down is $178 per month (Including Tax title and license, fees and 1st month payment) $1999 (trade in) For 15k miles/year 36 months.
#1276 of 1446 Re: 2012 Civic EX sedan lease [felixdc]
May 27, 2012 (3:41 pm)
Wow those are the numbers i'm looking for (about same trade in, tax & title included) but for a 2012 Si. I'm hoping to come in around 200-220/mo. What did you negotiate the price of the vehicle down to? Any cash down or just trade in?
#1277 of 1446 Re: 2012 Civic EX sedan lease [ignac007]
May 28, 2012 (8:54 pm)
I just negotiated a price on a 2012 Si, but haven't signed I am trying to make sure the numbers are ok:
Car cost: $20,969
Bank lease fee: $595
Title/registration fee: $125
Doc fee: $329
Money factor: .00077
It worked out to $276/month for 36 months. No money down. First month's payment due at signing.
Does this sound reasonable?
#1278 of 1446 Re: 2012 Civic EX sedan lease [liphan]
May 28, 2012 (9:08 pm)
Is the car cost the MSRP? If that's the MSRP, you could still negotiate to give you a lower price on that like invoice price or any rebates or discounts that could lower your net capital costs.Did you ask for discounts,rebates? You should also ask about the sales tax, acquisition lease fee ( Bank lease fee?) is this the same?. I think the documentation fee is way expensive. Kindly check. The money factor is reasonable enough 1.8%APR with approved credit.
#1279 of 1446 Re: 2012 Civic EX sedan lease [ignac007]
May 28, 2012 (9:16 pm)
You ask for rebates and discount that could possibly lower your net cap costs. That was figured with absolutely zero money down, and you do not have to make your first payment. You will only have 23 payments over the course of the lease with approved credit. I leased for 24 months only. Money factor varies also they could give you .000670 to 0.00077 or lower or higher on that depending on your credit history and score.
#1280 of 1446 End of May deals
May 29, 2012 (6:55 am)
I've been talking to some dealers look at the lowest lease price for a Civic LX Auto. I'm in the top tier of credit (so they said) and I've gotten down to 12k 36mo lease for $168/mo with $1500 down. This includes everything built in, first payment due in 30 days. Is this a good deal? What else should I be asking?
#1281 of 1446 Re: End of May deals [holyner]
May 29, 2012 (7:48 am)
I think that's fair enough.Try to ask how much is the purchase option after the lease if you have plans in the future to own it.You have a great deal.
#1282 of 1446 Re: 2012 Civic EX sedan lease [protime01]
May 29, 2012 (12:19 pm)
Honda website says Civic Si starts at $22,355
Dealer's sticker was $22,975
According to Edmunds the invoice price is $20,771
So I thought $20,969 was pretty good for the car cost.
Earlier in this thread Car_Man said in April the residual was 60% for the Si. I don't know if that's what I should expect now in May.
The money factor is lower than what Car_Man quoted last month so it seems ok.
Our MA sales tax is 6.25%. I ran their numbers and it all worked out. Aquisition/bank lease fee I guess is standard at $595.
Their doc fee certainly is expensive. I know they can't waive it or adjust it by law, but I guess I can ask if they can make up for it some other way. I'm not sure how successful that will be.
How does one ask for rebates or discounts? Would'nt they just say no typically? Is there a way to be fully aware of any rebates/discounts they should be giving me?
Thanks for your reply
#1283 of 1446 Re: Civic EX and SI [Car_man]
Jun 13, 2012 (8:07 am)
Hi car man,
First off your info on the Audi a7 forum helped me negotiate a great deal! Thank you!
Now I'm in the market for a Honda civic ex or lx lease 36 month 15k miles, can you let me know the residual, money factor and any incentives available ( Honda owner, or new graduate cash) for both the ex and lx? I'm hoping to pick up the car this weekend.
I was offered $18971, $0 down, 15k miles, 35 months for $232.92. I've seen better on the forum. I'm hoping for $1000 down and $170-180/ mo. Is that pushing it? Ha ha
Thanks in advance car man