You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Civic Lease Questions

Honda Civic Lease Questions

832 messages,  Last post on Dec 03, 2009 at 10:20 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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

Messages Page 4 of 84 1 2 3 4 5 6 7 ... 84 Prev Next Last

Go To Msg # Search This Discussion

#31 of 832 Re: Comments on Quote [resteve1] by indiana97 Oct 14, 2005 (7:02 pm)
Replying to: resteve1 (Oct 12, 2005 8:59 pm) This is a horrible deal. You could BUY the car for the same amount in monthly payment that he quoted you.
#32 of 832 Re: Re: 06 Civic LX Coupe by Car_man HOST Oct 18, 2005 (1:55 am)
Hey crg4. The money factor for 36 month, 15,000 miles per year leases of all 2006 Civic models would be the same, but the residual values for the '06 Civic EX Sedan and '06 Civic LX Sedan are 61% and 60%, respectively. This lease program is scheduled to run through October 31st. I am not aware of any source that provides this sort of information to the general public.   Car_man Host Smart Shopper / Prices Paid Forums
#33 of 832 Re: Comments on Quote by Car_man HOST Oct 18, 2005 (1:58 am)
You are absolutely correct, Steve. The lease money factor that you were quoted for this car is way to high. the worst possible buy rate lease money factor for a 36 month lease through Honda Finance is currently only .00255 if your credit is in good shape and you pay a security deposit. What is your credit like? If it is good, there is a good chance that the dealer that you are working with is marking up your car's money factor to add additional back-end profit to your deal.   I would be happy to calculate a lease payment on this car to compare with the one that you were quoted, however in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in).   Car_man Host Smart Shopper / Prices Paid Forums
#34 of 832 Re: Re: Honda Civic: Lease Questions by Car_man HOST Oct 18, 2005 (2:02 am)
Hey imtheish. Here's the info that you are looking for. If you were to lease a 2006 Honda Civic EX Coupe with navigation through Honda Finance right now for 24 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00370 and 63%, respectively. The numbers for an otherwise identical 36 month lease would be a more reasonable .00255 and 57%. The money factors for an otherwise identical lease of an '05 Civic EX Sedan with navigation would be the same, but its residual values would be 2% higher. Both of the aforementioned money factors assume that you have good credit and pay a security deposit. If you opt to have your car's security deposit waived, your money factor will be slightly higher.   Car_man Host Smart Shopper / Prices Paid Forums
#35 of 832 Re: 2006 Civic Hybrid Residual by Car_man HOST Oct 18, 2005 (2:04 am)
Hi stalnaker. I haven't seen any residual values for the 2006 Honda Civic Hybrid yet. Your assumption about what its money factor will be when its lease program is published is a safe one through.   Car_man Host Smart Shopper / Prices Paid Forums
#36 of 832 Lease or Buy by jmax1 Oct 19, 2005 (6:47 am)
Car_Man, My 03 Accord EX lease will be up in Jan. 06, so I have to make a decide what to do. My dealer says I have equity at this point, but states he doesn't know why and probably won't if I lease agian? I have been looking at the 06 Civic Coupe EX to lease or buy. My 03 is in excellant condition not one ding, 13,000 miles, red with tinted windows. I have been fearful on what to do, I don't have anyone around here who knows.I have excellant credit. Please help. Civic Lease: Price-21,463 Trade-17,675 payoff-14,400 36 mo, 00265, 291.00 monthly, 11,962 residual
#37 of 832 2006 Civic LX AT $230 w/tax by wiphillyfan Oct 25, 2005 (7:28 pm)
$500 total out of pocket, 4 year lease on the 2006 Civic LX Sedan. I have 2005 Civic Coupe and I paid $15,700 2 months ago. I owe $15,300 and the dealer would pay it off.   Is this a good deal? Thanks in advance for your thoughts/advice.
#38 of 832 2006 Civic LX AT LEASE by xxcivicxx Oct 28, 2005 (11:09 pm)
Replying to: crg4 (Oct 12, 2005 12:07 pm) Car Man or anyone who recently leased or got quoted on a lease,   Here's the best I could do:   $0.00 down $650 at inception (TTL, first month payment, etc. etc)   $260.00/month 42 month, 12k/yr.   Did I get a good deal? I live in Ohio and don't know the money factor or RV, and the MSRP is $16,885 (not positive about acquisition or dealer or whatever fee), but I'd appreciate it if someone could tell me what they thought, just for peace of mind (or not). This is my first lease and I didn't realize how stressful the experience could be!   Thanks,   xxcivicxx Replies to this message: cmmarsch (Oct 31, 2005 7:26 am)
#39 of 832 Re: Lease or Buy by Car_man HOST Oct 30, 2005 (8:17 am)
Hi jmax1. You are in good shape if your Honda Civic is indeed worth more than it would cost you to purchase it at this point. This gives you a number of options. You can purchase your Civic at the end of your lease and trade it in on a new vehicle or sell it on your own and probably make a profit on the transaction. You also can just walk away from your lease like most consumers normally would at the end of their term.   As far as your new Honda Civic lease goes, you really need to know the exact selling price of the car that you want to lease. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the car that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what this car's selling price is.   Car_man Host Smart Shopper / Prices Paid Forums
#40 of 832 Re: 2006 Civic LX AT $230 w/tax by Car_man HOST Oct 30, 2005 (8:19 am)
Greetings wiphillyfan. I'm impressed if you can get out of a 2005 Civic that you purchased two months ago and only lose $400 on the transaction. Why are you trading it in so soon? Did you just decide that you can't live without the redesigned 2006 Civic? You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.   Car_man Host Smart Shopper / Prices Paid Forums Replies to this message: wiphillyfan (Dec 18, 2005 4:24 pm) etrainimac (Dec 21, 2005 5:23 am)

Messages Page 4 of 84 1 2 3 4 5 6 7 ... 84 Prev Next Last

Go To Msg # Search This Discussion

You are here: Forums Prices Paid: Buying & Leasing Experiences Honda Civic Lease Questions