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Honda Civic Lease Questions

615 messages,  Last post on Oct 06, 2008 at 9:24 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


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#382 of 615
civil ex 07 and 08 Chester County PA by wheelanddeal
Nov 17, 2007 (10:41 pm)
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I am in the market for an 07 or 08 civil ex. I went to Scott Honda in West Chester, PA. I was quoted 2 prices (1) lease price for a 08 EX-L for 36 months, no money down, payments $347.00 and (2) purchase price for 07 EX w/nav $20, 900, at 4.9% financing for 48 months, payments $420.00. Scott Honda would not neg the price down. I had another dealer (Roberts Honda in Downingtown) quote me a price over the phone for 07 EX w/o nav for $19,200. Are these quotes and payments too high? I have a car voucher from my bank for $20,000, 6.99% APR with 71 months payments $371. I would perfer not to use it if I can get a lower monthly payment plan. I really don't want to pay more than $250.00 a month in payments. Any thoughts! Thanks
#383 of 615
2008 civic lx auto by kisyntym
Nov 19, 2007 (5:07 pm)
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Can anyone help me with the residual value and money factor for the 2008 civic lx.
I am looking for 36 months / 36000 miles.
 
Thank you
#384 of 615
2008 honda civic hybrid by dlq
Nov 20, 2007 (6:06 pm)
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Could anyone give me a low end range of what I would expect to pay monthly leasing a 2008 honda civic hybrid no/ nav (cap cost), 36 months, 15,000 miles allowance, let's assume no down payment? Thank you
#385 of 615
Re: civil ex 07 and 08 Chester County PA [wheelanddeal] by pcantore
Nov 20, 2007 (6:32 pm)
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Replying to: wheelanddeal (Nov 17, 2007 10:41 pm)

The $347.00 a month lease is too high for the EX-L. With the super preferred credit tier money factor of 0.00207 and 62% residual from Honda you should be getting a monthly payment of $300.00 with 0 down ($200 over invoice price). In my opinion, these would be good lease numbers, but not $347.00. I like your option of vehicle. The EX-L is definitely a smart buy. But, it's better to keep shopping ...
 
Good luck there!
#386 of 615
Re: 2008 honda civic hybrid [dlq] by rsalas
Nov 21, 2007 (3:13 pm)
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Replying to: dlq (Nov 20, 2007 6:06 pm)

Monthly payment on civic Hybrid will be $349.00 a month. MF .00207 and a res of 59% Sign and drive. If you plan on giving inception of $682.44 your payment will go down to $326.81 and you will only have 35 payments remaining instead of 36. This is for FL. I do not know if it will be lower or higher in other states. Hope it helps !
#387 of 615
Re: civil ex 07 and 08 Chester County PA [wheelanddeal] by rsalas
Nov 21, 2007 (3:21 pm)
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Replying to: wheelanddeal (Nov 17, 2007 10:41 pm)

Honda has a special lease program good till Jan 2nd 2008. MF .00207 Res. 62% Sign and Drive your payments will be $319.00 tax-in. If you give inception it will be $298.00 tax-in. This is for FL. I know PA has the same program. Price of the car is $19.199.00 Lowest you will probably get, plus tax tag and dealer fees. This is with Super Pref. credit tier. You need 709+ Beacon score to qualify. Must have financed a car or own a house for at least a year. i say this just in case you have the score but no credit history....
#388 of 615
Re: civil ex 07 and 08 Chester County PA [rsalas] by pcantore
Nov 23, 2007 (12:26 pm)
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Replying to: rsalas (Nov 21, 2007 3:21 pm)

Is this for the EX or EX-L? 2008? How much for the aquisition fee, sec. deposit??
#389 of 615
Any Advice??? by ahward
Nov 26, 2007 (2:32 pm)
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I am about to re-lease a 08 Honda civic when I turn in my wife's 05. A few questions for experienced leasers.
 
Should I wait until my lease is up on Jan. 15 or will it be okay to turn it in early? The Honda dealers told me it is okay.
 
Also after I have got quotes what else do I need to ask about or look closely at before I sign? I've read the Edmunds guide to leasing.
 
Here are the two quotes in Dallas for Civic LX Auto in Dallas Texas
 
Dealer 1
36 mo w/12K 295 month first payment as a down only.
 
Dealer 2
36 mo w/12K $276 + 1653.13 for TTL, 1st month Payment
36 mo w/12K 326 w/TTL rolled in per month
Money Factor .00285
 
If anyone can please advise I'd appreciate it since usually I have purchased my automobiles instead of leasing.
#390 of 615
Re: Any Advice??? [ahward] by bvdj84
Nov 27, 2007 (7:28 am)
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Replying to: ahward (Nov 26, 2007 2:32 pm)

Ya, your driving a honda, that is why you can trade in early, Don't wait, just do the research, and sign. Although, just to let you know, the civic is priced with numbers that are up there with the Accord. I was able to get the accord for about the same price, because the residuals and money factors are so steep. This deal looks good, I would probably choose the first payment due option, its less complicated, and keeps some money in your pocket. Leasing is nice!! Because within 2 years, your able to trade in for another car and not owe anything on the previous lease. Lease only deals with the portion, which is 36 months of what you used. If you opt to own in, then your given that option at the end, and many have done that too, then keep it for another year, and sell it, and walk away with some profit.
 
Just read the contract, and make sure there are no add ons, no hidden deal. You'll be fine, if it doesn't feel right, then its not right.
 
 Now, as far as mileage, you may go 12k a year, but like me, I have gone about 4k over might projected mileage, therefore, I look at that as subtracting months off my contract, meaning, I will have to turn it in earlier to avoid the overage fees for the mileage. So my bill stub says I have 13months left on my contract, so I subtract the 4k, and I have about 10 months left. Don't be worried about that, The more mileage I go, the earlier I have to trade in. Be happy your driving a Honda, Try this with a Chevy product, and you'll get hit with fees and you'll be upside down!
 
Good Luck!! Let us know what you do!
 
Go for the first payment due!
#391 of 615
HELP PLEASE!! 2008 Honda Civic Coupe SI by undertaker23
Dec 02, 2007 (12:43 am)
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How does this sound to you guys??
 
2008 Honda Civic Coupe SI with tint wind deflectors for windows and moonroof, and fog lights.
 
328/month with 0 down and on a 60/month term
 
please keep in mind this is in Canadian currency? what do u guys think?? pleae respond ASAP
 
Thank you

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