Last post on Dec 09, 2013 at 5:19 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda Civic, Car Leasing, Coupe, Sedan
#1307 of 1599 Re: Estimated Fees and Taxes During Lease Term [james324]
by kyfdx@Edmunds HOST
Aug 04, 2012 (5:52 am)
That line is a result of the Truth in Lending act..
It isn't actually a bill.... it's just an estimate of all the taxes you'll pay over the life of the lease (sales tax, property tax, registration, etc..). It's on all vehicle lease contracts..
Your sales taxes most likely are rolled into your lease... However, if your state levies property taxes, yearly registration fees, etc.. on vehicles, then that will be your responsibility...
#1309 of 1599 Is this a good deal
Aug 05, 2012 (4:42 pm)
in North Jersey, I negotiated this deal
$173/month for 39 months
10K miles, .15 per mile over
1190 for fees and first month
I don't think it's a great deal.
I walked out when they would not go lower. I told them that I want $160 per month, 36 months, 0 down, 12K miles per year, .10 per mile over, $1190 for fees and first month.
Is this a good deal?
#1310 of 1599 Re: Is this a good deal [ariknyc]
Aug 06, 2012 (6:59 am)
I am no pro at buying or leasing cars but I have a few comments regarding your deal. First off, I would never do a 39 month lease. Your warranty runs out after 36 months so you should insist on a 36 month deal. Second, find out what the Honda incentives & lease promotions are for August. Last month they has a $500 dealer cash incentive. Focus on the price you are paying for the car. The lower the price, the lower your payment. Look at the "prices paid" thread to get an idea what people in your area are paying.. Find our what your dealer's Document fee is. Alot of dealers will not budge on this so if they want $300-$400 dollars make sure you get a reduction in the selling price of the car to offset this charge. Stay away from window etch & other dealer added options. Consumer Reports just came out with an article listing the 2012 Civic as one of the worst cars to buy. Use that to your advantage to get your deal. Lastly, I would not pay that much "out the door". Your registration charges in NJ should be under $300. I would pay that along with first month only so insist on $500 out the door including first month payment.
#1311 of 1599 Re: Is this a good deal [jetfan]
Aug 19, 2012 (3:35 am)
Ok so here is the deal that I got. $1000 down including fees, taxes, first month etc. $175/month, .00067 money factor, Honda Lease, 12K/year $.15 per mile over. Got this from Mahwah Honda in north Jersey. I think I could have lowered them to $170 per month but saving about $180 was not worth the additional time.
#1312 of 1599 Re: Is this a good deal [ariknyc]
Aug 23, 2012 (12:58 pm)
Feel proud, you did very well. You sure put me to shame on my civic lease. Good luck to you!
Aug 26, 2012 (6:30 am)
I found this forum REALLY helpful in my search so I thought I'd post my experience!
2 Weeks, 4 dealerships - black Civic Sedan LX
Final Deal - Payment is $207 + tax. 0 down, 0 first months payment. 36k/3 year lease. Included maintenance package that covers all oil changes/service to 30k. Pinstripe, scotch guarded seats (not requested, but all of their cars had it).
The sticking point was my trade in (upside down). I got the first dealer to offer me 300 less than payoff while everyone else offered 2-3k less than payoff. The first dealer was really rude and I REALLY didn't want to get the car from them, so I showed the last dealer the lease contract from the first and told them if they could beat it by $1 I would buy the car from them. It worked!
I feel like I got a good deal considering my trade in. (I hope I did! Easier to sleep at night!).
Also, their finance manager told me that putting zero down gives you a money factor of .00067 while putting some money down gives you .00077. I'm not sure if that is accurate for every dealer, but it might be worth asking about!
#1314 of 1599 Re: My experience [sray12345]
Aug 27, 2012 (3:10 pm)
Congratulations on getting your new Civic, sray12345. Thanks for taking the time to share the details with everyone. Enjoy your new ride!
Prices Paid: Buying & Leasing Experiences Forum
Aug 29, 2012 (8:42 pm)
Here's the deal I got for my 2012 Honda Civic LX (no options added)
$220/month (tax&fee included)
first month free except dmv & state tax (that adds up to $230 approx)
Free Gap In
$1500 damage waiver by the time I return my car
No turn in fee
Free NYS Inspection
seems like 2013 civic will be released anytime soon in the next few weeks but I did not want to risk my chances even if they offer better or worse deal.
$220 is a fixed cost from Honda not the dealership.
Hope I had a good deal ;]
#1316 of 1599 buy numbers for october!?
Oct 06, 2012 (12:05 pm)
can you give me lease residuals and MF for a LX sedan (auto) 15k/36months? thanks!