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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 132 of 145

#1310 of 1445 Re: Is this a good deal [ariknyc] by jetfan

Aug 06, 2012 (7:59 am)

Replying to: ariknyc (Aug 05, 2012 5:42 pm)
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 1445 Re: Is this a good deal [jetfan] by ariknyc

Aug 19, 2012 (4:35 am)

Replying to: jetfan (Aug 06, 2012 7:59 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 1445 Re: Is this a good deal [ariknyc] by miapoppy

Aug 23, 2012 (1:58 pm)

Replying to: ariknyc (Aug 19, 2012 4:35 am)
Feel proud, you did very well. You sure put me to shame on my civic lease. Good luck to you!

#1313 of 1445 My experience by sray12345

Aug 26, 2012 (7:30 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 1445 Re: My experience [sray12345] by Car_man HOST

Aug 27, 2012 (4:10 pm)

Replying to: sray12345 (Aug 26, 2012 7:30 am)
Congratulations on getting your new Civic, sray12345. Thanks for taking the time to share the details with everyone. Enjoy your new ride!
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1315 of 1445 2012 Civic LX by skiski0702

Aug 29, 2012 (9:42 pm)

Here's the deal I got for my 2012 Honda Civic LX (no options added)
$220/month (tax&fee included)
$0 down
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 1445 buy numbers for october!? by jonathannyc

Oct 06, 2012 (1:05 pm)

hi car_man!
 
can you give me lease residuals and MF for a LX sedan (auto) 15k/36months? thanks!

#1317 of 1445 Re: buy numbers for october!? [jonathannyc] by Car_man HOST

Oct 10, 2012 (4:20 pm)

Replying to: jonathannyc (Oct 06, 2012 1:05 pm)
You're in luck, jonathannyc, Honda just made an unscheduled improvement to its lease program for the Civic in October. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1318 of 1445 EXL by jett456

Oct 13, 2012 (3:22 pm)

Hi,
I got a quote on an EXL which I think might be an ok deal. Dealer 1 is $299.00, 0 out of pocket except for first month and they will absorb my final 3 lease payments. Price of car is 21500.
Dealer 2 - $278 payment, price of car is 20,579 and zero at signing. But this does not include my current car lease. I am waiting on an email. What do you think? What is the current money factor for this car. Is it the same as the EXL Nav? Thank you.

#1319 of 1445 Re: EXL [jett456] by marper

Oct 15, 2012 (11:21 am)

Replying to: jett456 (Oct 13, 2012 3:22 pm)
They are both really close. The final 3 lease payments are around $1000 probably which represents around $30 a month in payments.
 
On a side note everyone cracks me up wondering if there getting a good deal seeing as you can look the invoice up on edmunds you can see that there is about $200 of mark up in a base model civic and about $1000 in mark up on a loaded up one. Of course the dealer gets hold back which is around %1.5 of MSRP. There is not much markup in new cars if the dealer gives any discount you got a pretty good deal.

Messages Page 132 of 145

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