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Prices Paid: Buying & Leasing Experiences Honda Civic Lease Questions
829 messages, Last post on Dec 03, 2009 at 6:23 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: noah12345 (Jan 30, 2009 12:08 pm) If I were you I would look at a LOADED 2009 Nissan Altima 2.5 S with SL Package, leather, power everything, bluetooth. They are leasing for $300, 36 months. |
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Hi Car_Man, As usual I got my quotes from different dealers on internet and worked the deal for a few days. Finaly the deal looks like that: 39 mo, 12K mi, $900 drive off, $190.30+tax=$205.99 per month. Money factor is 0.0025 which equals to 6%, which is high of course. My credit score is 826 from Experian as today, but Honda put you on the tier 700-850, I believe. MSRP is 18,895, negotiated price 16,289, residual value 62%. Negotiated price and residual value is from competitor - Kolbe Honda, deal done with Woodland Hills Honda in LA. Though the deal itself is identical from both dealers - 39mo,12K mo, $900 drive off, $190 +tax. In Lease agreement that I sighned today though capitalized cost reduction is 16,770. The question is, if I would push a little harder and ask to put into the contract lower price - $16,289 would it come to lower monthly payment? Though $190.3+tax was the lowest dealer could go and few other dealers could not afford to offer me that deal. There is a feeling that I'm missing something! Thanks in advance.
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Replying to: dad23 (Jan 26, 2009 7:36 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: kwarengi (Jan 31, 2009 10:02 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi, I am considering this lease for a 2009 Civic LX Sedan: 39 Months, zero down, 1st month payment, Bank Fee, DMV $228 per month which includes taxes and they are paying my remaining lease off which has 3 month left. Also getting 15K per yr Trying to convince my wife its a good deal? Thx Bob
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Hi Car_man, I am looking to lease a Civic EX-L, Hybrid or Accord EX-L. Currently leasing a Civic EX with 5 months left on a lease. Dealers eager to buy out my lease if I get a new car. 1. Are there any special deals for returning lessees? (my previous dealer told me my down payment would be waived, obvious lie.) 2. What are the current numbers for above vehicles? (money factor, residuals) Thanks,
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Replying to: XxHaimBonxX (Feb 02, 2009 6:47 pm) This car's lease program varies by term and mileage allowance. You never mentioned what either of these variables are, so for now I will assume that you are interested in a 36 month lease with 15,000 miles per year. Let me know if you want something different. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Civic EX-L sedan without navigation with 15,000 miles per year are .00250 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier. The numbers for an otherwise identical lease of an '09 Civic Hybrid are .00250 and 60%. The numbers for an otherwise identical lease of an '09 Accord Sedan EX-L 4-cylinder without navigation are .00250 and 57%, respectively. When negotiating your leases, make sure to take the $1,500 dealer cash that Honda is currently providing on the Civic Hybrid, $500 on the Civic non-Hybrid, or $750 on the Accord 4-cylinder into account. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Thanks Car_Man. I always choose 12,000 lease since I live very close to work. The money factor is the same I think, at least this is what the dealer quoted. How does the residual variate?
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Hi Car_Man, do you know what FICO score range would qualify for their "Super preferred" tier? Thanks, Olga
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Hi, So I talked to a dealer in MA and is offering the following prices for a 2009 Civic sedan LX-S and EX-L. So if I lease a LX-S with 0 down, basically just sign up and drive...that comes out to 219/mo and for the EX-L...if i sign in and drive 0 down....for 262/mo These are based on 12k/36months Are these good deals? I am going to the dealer later today...any quick comments would be appreciated. Thanks!
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