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Honda Civic Lease Questions

1446 messages,  Last post on May 20, 2013 at 7:28 PM

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

Messages Page 135 of 145

#1336 of 1446 Re: '12 Civic EX Lease in Chicago [mike_s5] by seagfs

Nov 15, 2012 (9:59 pm)

Replying to: mike_s5 (Nov 14, 2012 11:27 am)
Got the following
 
199.62 before tax including title, license, acquisition fee on 12 Civic EX with 12K miles and 60% residual
 
And a $50 cash back certificate from Edmunds just for doing research on the site.
 
Use USAA buying service to start if you can, or Truecar if no USAA. The dealers call you and you just need to negotiate down on the car price from the price they quote.
 
And don't let the dealers screw with the other variables.. (money factor, residual, etc...)
 
Best advice, model what you think is a fair monthly rate after tax in Excel and just be prepared to call BS on the lease rate even though all dealers will say it is not up to them to change the money factor or residual..
Because , as I found out, even with a set price from USAA or Truecar, they still want to deal.

#1337 of 1446 24 month lease? by koctailz

Nov 19, 2012 (10:16 am)

It seems like all the lease deals here are for 36 months. I am interested in a 24 month lease of a Civic, does Honda Finance only do 36 month leases or are there other options for lease duration?

#1338 of 1446 Re: 24 month lease? [koctailz] by koctailz

Nov 20, 2012 (4:26 pm)

Replying to: koctailz (Nov 19, 2012 10:16 am)
ill reply to my own question. i inquired with a local dealer regarding 24 month lease on 12 Civic LX. He offered: $225/mo and $1999 due at lease signing. A laughable deal imo.

#1339 of 1446 Re: buy numbers for nov & dec? [Car_man] by berk6

Nov 24, 2012 (7:01 pm)

Replying to: Car_man (Oct 30, 2012 5:26 pm)
Hi. I am in the market for 2012 civic hybrid, but on a 24 month lease. do you know the current residuals and money factors? I reverse calculated the 36 month MF to be .0016 based on their current deal, but I've seen other people mention .00077. I also dont know the relationship between 36 and 24 month residuals. I would appreciate any help.

#1340 of 1446 Re: 24 month lease? [koctailz] by Car_man HOST

Nov 25, 2012 (8:03 am)

Replying to: koctailz (Nov 20, 2012 4:26 pm)
Hi koctailz. What you've found is not surprising. Most banks do offer 2 year leases of vehicles, however...short leases are usually much more expensive. The reason for this is that lease payments are composed of two main pieces, vehicles' depreciation and the interest that is being charged. New vehicles experience their most rapid depreciation over the first year of ownership. Longer leases are able to spread out this large depreciation hit out over a larger number of monthly payments than short leases are. If you really want to lease, you really should go with a 36-month term on this model.
 
i>Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1341 of 1446 Re: buy numbers for nov & dec? [berk6] by Car_man HOST

Nov 25, 2012 (8:05 am)

Replying to: berk6 (Nov 24, 2012 7:01 pm)
Hello berk6. Honda Finance's November buy rate lease money factor and residual value for a 24-month lease of a 2012 Civic Hybrid Sedan with 15,000 miles per year are .00030 and 62% for consumers who qualify for its top credit tier. This is for a model without leather or navigation.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

#1342 of 1446 Re: buy numbers for nov & dec? [Car_man] by berk6

Nov 25, 2012 (9:04 pm)

Replying to: Car_man (Nov 25, 2012 8:05 am)
Wow that is incredibly useful information. Thanks.
 
Do you know the similar info for the prius c and prius? those are my other contenders, though i think toyota does not lease as aggressively as honda.

#1343 of 1446 '12 LX lease by ck90211

Nov 25, 2012 (10:50 pm)

Just helped a friend negotiate a '12 LX for $938 drive off (Honda Acq fee, CA license, security deposit, etc.), and $168/month (including CA tax) at DCH Honda in Gardena. While it might be even cheaper next month, with '13 redesign the Residual on '12 may take a beating (as seen on 12 and 13 Accords).

#1344 of 1446 2012 Honda Civic Lease question. by jipster

Dec 03, 2012 (2:26 pm)

I just leased a 2012 Civic LX. The stereo sound system is not that great. Am I allowed under lease guidelines to put in an aftermarket stereo and speakers without effecting the lease in an adverse way?

#1345 of 1446 Stereo by robtroxel

Dec 03, 2012 (2:57 pm)

The 2012 Civic needs a lot to approach the re contenting and redesign of the newly minted 2013 Civic. We had a 2009 Civic and rated it one our best cars ever!
 
Now to your question, you can add updated speakers to the doors and rear deck as long as they use the existing holes and factory covers on the speakers! Look at Crutchfield.com for their fitment advice on adaptors to fit the stock spaces. You can also change out the tuner/head unit for something a lot better and they have adaptor plates that will fit your car dash. Keep your old radio to reinstall before your lease ends and that should keep you out of hot water with the leasing company! We updated the front doors speakers on our 2009 and that really made a difference! When you see the stock speakers, you will understand just how crappy the OEM content is.

Messages Page 135 of 145

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