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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


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#625 of 832
Re: 09 Civic advertised lease info details [t_c] by tedspread
Oct 16, 2008 (8:58 pm)
Reply

Replying to: t_c (Oct 16, 2008 6:17 pm)

t_c-
 
Actually, the cost of financing has gone up for AHFC and other lenders. The credit crisis that is going on has impacted even the biggest and most credit-worthy companies. The commercial paper market is especially hard hit. With sales down in September, the dealers are begging for more support from AHFC, but they are constrained by the tight market. I think things will improve in the next few months, and we should see standard MF's come down, and more agressive lease specials on more models. I would advise waiting things out, if possible, before leasing a Honda.
#626 of 832
Re: 09 Civic advertised lease info details [tedspread] by t_c
Oct 18, 2008 (5:25 am)
Reply

Replying to: tedspread (Oct 16, 2008 8:58 pm)

I hope so, I'm ready to buy... But knowing the present economy I know these companies can do better on their prices. I called one of the Honda dealers by me, and the guy tells me "the civics are selling like hot cakes, so we are not offering any discounts".
 
I mean look, I know Honda and I know they hold their values. But come on people, nothing is selling like hot cakes expect Ramon noodle soups.
 
So... I patienctly wait for Honda to start offering better financing, and the car dealers to wake up and realize that if they don't pick up their volume they won't receive their tied pricing from Honda.
#627 of 832
Lease questions by grkmec
Oct 21, 2008 (3:09 pm)
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I am looking at a 2009 Civic LX sedan w/ auto. MSRP $18,825.
 
Can someone please tell me the money factor buy rate and residual assuming 3yr at 12k and 15k miles? Any reduction in MF with a security deposit?
 
Also, what is the honda's lease initiation fee?
 
Thanks!
Tony
#628 of 832
Re: 09 Civic advertised lease info details [tedspread] by Car_man HOST
Oct 22, 2008 (3:42 am)
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Replying to: tedspread (Oct 16, 2008 8:58 pm)

Great answer. Just the sort of finance knowledge that I would expect from someone that has the username "tedspread" .
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#629 of 832
Re: Lease questions [grkmec] by Car_man HOST
Oct 22, 2008 (3:47 am)
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Replying to: grkmec (Oct 21, 2008 3:09 pm)

Hi Tony. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Civic LX Sedan with 15,000 miles per year are .00290 and 63%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. the residual value for a lease with only 12,000 miles per year would be 2% higher. Honda Finance will waive its security deposit requirement in exchange for a .00010 increase in the money factor that is used to calculate your car's payment. I believe that Honda Finance's base acquisition fee is $595.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#631 of 832
Lease 2009 Honda Civic SI w/o Navi by levoyp
Dec 12, 2008 (12:59 pm)
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Hi:
 
I have been offered two lease agreements on a 2009 Honda SI, from two dealers in So. California. One is at $285 a month with a down payment of $2000.00, I am a tier 3, the second one is $265 + tax with a $2000.00 down payment. I would like to know what I need to look for in this agreement. I leased a Honda Accord for two years and the lease is up 12/16, the vehicle is for my son that is a college student. The vehicle was under 5000 miles per contract and in excellent condition. Any advice would be appreciated. Thanks
#632 of 832
2009 civic LXS auto 4dr by dieseldan9
Dec 23, 2008 (1:57 am)
Reply

Replying to: levoyp (Dec 12, 2008 12:59 pm)

Talked to my dealer today and the MF for a 09 civic LXS is .00178 for tier 1 and .00255 for tier 2
 
WAY better than VWs .00300.
 
We will see
#633 of 832
09 LX Program by dad23
Jan 26, 2009 (7:36 am)
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Hi Car_man,
 
Can I get current money factor and residuals on the 09 sedan LX auto for both 36 and 39 months,12K miles? Thanks in advance!
#634 of 832
Help...I need a car by tommorow by noah12345
Jan 30, 2009 (12:08 pm)
Reply
Heres the deal
 
I need a 24 month lease, 18000 per year, I want to pay absolutly no money down..nothing,,no taxes, fees, tags etc. I live in NJ. I want the civic lx..basic..I dont care if its stick shift. I went to the honda dealer, and he told me that around 350 per month under those terms..is this good. Can you help me

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