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Honda Civic Lease Questions

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

You are in the Prices Paid - Buying & Leasing Experiences Forum.

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

Messages Page 137 of 145

#1358 of 1446 Re: 2012 Honda Civic LX lease [jipster] by kyfdx HOST

Dec 14, 2012 (9:53 pm)

Replying to: jipster (Dec 14, 2012 9:35 pm)
That's not exactly true... The bank (Honda Finance) sets the terms of the lease... money factor and residual...
 
The dealer determines the selling price... and, if you have decent credit, downpayments are rarely required. This is key... the selling price is negotiable, just as if you were buying the car..
 
Why do they advertise a lease with $2000 down? Payment buyers.. $2000 down and $139/mo. looks a lot cheaper than $0 down and $200/mo., but it's almost exactly the same.. The ads are just examples.. you can structure the lease with whatever downpayment (or none) that you desire... It won't affect the lease terms..
 
The dealer doesn't care if you make a downpayment... he gets the selling price from the bank, either way.
 
regards,
kyfdx

#1359 of 1446 Re: 2012 Honda Civic LX lease [kyfdx] by jipster

Dec 15, 2012 (12:24 pm)

Replying to: kyfdx (Dec 14, 2012 9:53 pm)
O.k. Thanks for the info and your patience. Very helpful.
 
I guess I got a bit lucky on my Civic. Got a pretty good deal with not a whole lot of prior knowledge on the subject matter.

#1360 of 1446 Re: 2012 Honda Civic LX lease [jipster] by kyfdx HOST

Dec 15, 2012 (3:44 pm)

Replying to: jipster (Dec 15, 2012 12:24 pm)
My first lease deal was one of my best ones.... just happened to stumble on to a nice car that wasn't selling well, that had a killer lease program... Just knowing the value of money helps a lot... I didn't know a lot about leasing..
 
But, the 2nd one wasn't so great, and after that, I did a lot of research, and then... there is this Host thing that keeps me in the loop..
 
It would be embarrassing to make a bad lease deal now...
 
Congrats on the new car!!

#1362 of 1446 Re: 2012 Honda Civic LX lease [ktaylor111] by Car_man HOST

Dec 28, 2012 (7:49 am)

Replying to: ktaylor111 (Dec 13, 2012 3:51 pm)
You're very welcome Kevin. I'm glad that you like it here.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1363 of 1446 2013 EX and EX-L Lease by the_dog

Jan 02, 2013 (4:09 pm)

Hi, can you provide me with information on a 15,000 mile/year 36 or 39 month lease on both a 2013 EX and EX-L Civic?

#1364 of 1446 Re: 2012 Honda Civic LX lease [kyfdx] by jipster

Jan 02, 2013 (6:46 pm)

Replying to: kyfdx (Dec 15, 2012 3:44 pm)
Congrats on the new car!!
 
Thanks. I really like my Civic.
 
Would there be any advantage if I decided on the "buyout" now instead of in 3 years? If I bought from Honda would I get a standard "used car" rate instead of the zero or .9% they are offering now on new.. or any special rates on lease turn-in buyouts?

#1365 of 1446 Re: 2013 EX and EX-L Lease [the_dog] by Car_man HOST

Jan 14, 2013 (5:15 pm)

Replying to: the_dog (Jan 02, 2013 4:09 pm)
Hi the_dog. Honda Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2013 Civic Sedan EX with 15,000 miles per year are .00155 and 61% for consumers who qualify for its top aka "Super Preferred" credit tier.
 
The numbers for an otherwise identical 39-month lease are .00155 and 59%.
 
The numbers for the EX-L Sedan are exactly the same.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1366 of 1446 Re: 2013 EX and EX-L Lease [Car_man] by mugenex6

Jan 14, 2013 (10:36 pm)

Replying to: Car_man (Jan 14, 2013 5:15 pm)
Hi Car_man, I'm very new to this lease stuff and I've read through a few pages but not able to understand completely on how to calculate the monthly payment. It's a little intimidating. I'm hoping you can assist me with my purchase?
 
I'm looking to get a 2013 Honda Civic LX. (Looking for cheapest Civic to keep payments as low as possible).
 
--Let's assume I've negotiated a price of 800 below invoice on the LX. 18423 - 800 = 17623. + TTL (I hope that's a good price)
--I live in Chicago (Cook County). I believe the tax rate is 8.25 for Cook County.
-- I am not looking to put anything down (Zero deposit, zero down)
-- Documentation fee = $170
-- 12,000 Miles a year (I'm open to 15,000 ofcourse)
-- 3 Years/36 month lease.
-- As you mentioned above Lease rate = .00155 and residual value = 61%.
 
How do all these numbers come together? How do I calculate the monthly payment out of these numbers? I hope you can help.

#1367 of 1446 Re: 2013 EX and EX-L Lease [mugenex6] by jipster

Jan 16, 2013 (12:29 pm)

Replying to: mugenex6 (Jan 14, 2013 10:36 pm)
Looking for cheapest Civic to keep payments as low as possible).
 
You'd save a couple grand by going with a new 2012.

Messages Page 137 of 145

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