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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 8 of 145

#67 of 1446 Re: Is this reasonable? [mamamia2] by roosa

Dec 09, 2005 (6:46 am)

Replying to: mamamia2 (Dec 07, 2005 4:41 pm)
It does seem high...but higher interest rates and selling price of the Civic makes it about right on target....I leased a 05 Accord in August under the same terms for $284.75 a month. CarMan mentioned this in a post...either here or in the Accord section. If it is any consolation, our Accord lease in 1996 was Higher....so interest rates DO matter....we have driven the Civic and like it, but the current lease on the Accord LX-SE is the only one with lease support, and very little btw, that American Honda Finance offers right now....the truth is...even at $289 it is a fine car....go ahead and splurge if you want it...Happy Holidays

#68 of 1446 Re: Is this reasonable? [roosa] by xxcivicxx

Dec 09, 2005 (12:18 pm)

Replying to: roosa (Dec 09, 2005 6:46 am)
Anyone interested in a Civic, I want to tell you that you can do a lot better than $289, which is more like how much you should be paying for an Accord... I know this for two reasons:
 
1. Honda just posted record sales for November, and despite the claims that there are shortages or whatever, the Civics are everywhere, and ANY dealer should be able to find one for you (even if you have to wait a week or so).
 
2. I got my Civic LX Coupe for ZERO down, $225/month. If you're interested in my exact strategy that I used when negotiating (because it did take some effort, feel free to email me).. the "lowest" dealers initially agreed to go was $269, but that changed pretty quickly.
 
I'm sharing this because I want those who are on a tight budget like myself to know they can still get into this great car. And remember, since this car has such a amazing retention value, IT SHOULD LEASE FOR LESS! The dealerships will profit when they sell it as a certified used vehicle!
 
I can post a longer explanation, including some specific numbers, but I think this is long enough for now..

#69 of 1446 Re: Is this reasonable? [xxcivicxx] by mamamia2

Dec 09, 2005 (2:47 pm)

Replying to: xxcivicxx (Dec 09, 2005 12:18 pm)
xxcivicxx:
 
Well, I'd like to email you but there is no address available in your "member profile"...
 
If you get an '06 for that monthly payment of $225 -- OUT THE DOOR (first payment, doc fee and plates are always extra), with ZERO DOWN and if it INCLUDES the taxes... Boy, $225 really seems just too good to be true.
 
This morning I actually decided to go with a local LEASING COMPANY, ordering the car for me today (simply asking my verbal agreement, no down payment required), for end of January delivery FOR $249 A MONTH.
 
And when I told that to the dealer who was the cheapest around ($289), his reaction was almost embarassing... He would not believe me...
 
So please, xxcivicxx, share with us the secret.

#70 of 1446 civic discounts? by azrob

Dec 09, 2005 (5:31 pm)

After a model has been around does honda start to discount? I'm going to sell my bmw 330cic and i want to replace it with a less expensive car, but I'm in no hurry, so I'm wandering if typically after several months the deals on the civic will get better

#71 of 1446 Re: Is this reasonable? [mamamia2] by xxcivicxx

Dec 10, 2005 (8:55 pm)

Replying to: mamamia2 (Dec 09, 2005 2:47 pm)
your ingorance gave me a good laugh, and i have a lease agreement in front of me that proves my point and your ignorance. i don't need your sarcasm since i'm really trying to help out those who, like myself, had a difficult time during the buying (leasing) experience.
 
my email is not hidden, it's available to anyone registered on this site.
 
if anyone still would like some help, let me know.. i don't want to post my strategy for personal reasons.

#72 of 1446 Re: Is this reasonable? [xxcivicxx] by mamamia2

Dec 10, 2005 (11:21 pm)

Replying to: xxcivicxx (Dec 10, 2005 8:55 pm)
A. Ignorance? What ignorance? I was simply wondering about a deal that ANYBODY who's been shopping around would agree that it's pretty amazing... I was actually ASKING YOU to share the info with us.
 
B. Your email address was NOT available on the Member Profile box as of this morning. You changed it since, that's nice.
 
C. Your Message #38 from October 28 is revealing QUITE DIFFERENT NUMBERS as to the deal you got... Here is what you posted on this board then:

$0.00 down
$650 at inception (TTL, first month payment, etc. etc)
  
$260.00/month
42 month, 12k/yr.
 
So it's not 36 months -- but rather 42 months, and it's not $225 -- but rather $260...
 
Now, tell us, which one is it, xxcivicxx?

#73 of 1446 Re: credit scores and money factors [krc] by Car_man HOST

Dec 11, 2005 (8:56 am)

Replying to: krc (Dec 06, 2005 9:26 pm)
Yes, krc, your credit score will absolutely have an impact upon the money factor that you have to pay to lease through Honda Finance. All of the money factors that I have mentioned for leases through it assume that you qualify for its "Super Preferred" credit tier. In order to do so one needs a credit score of above 700, specifically I think over 730. Honda Finance's "Super Preferred" money factor for a 36 month lease of a Civic Coupe right now is .00265. I am not sure exactly what it would be for someone with your credit score, but it definitely would be higher than that.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#74 of 1446 Re: Is this reasonable? [mamamia2] by Car_man HOST

Dec 11, 2005 (8:58 am)

Replying to: mamamia2 (Dec 07, 2005 4:41 pm)
Hi mamamia2. You're right, the redesigned Honda Civic has been selling very well lately. I am not sure how much you would have to pay for one right now, but you should be able to get a good idea by visiting the following discussion: "Honda Civic: Prices Paid & Buying Experience". I would be happy to estimate what your lease payment should be like on this car if you let me know what its full MSRP (including the destination charge) and selling price are.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#75 of 1446 No bickering please... by Car_man HOST

Dec 11, 2005 (9:02 am)

OK, everyone. It's fine to disagree with other community members, but let's try to keep things civil. Thanks.
 
Car_man
Host
Smart Shopper / Prices Paid Forums

#76 of 1446 Re: Is this reasonable? [Car_man] by mamamia2

Dec 11, 2005 (12:06 pm)

Replying to: Car_man (Dec 11, 2005 8:58 am)
I would be happy to estimate what your lease payment should be like on this car if you let me know what its full MSRP (including the destination charge) and selling price are.
 
---------- See, Car_man, but I did it backwards. I didn't first negotiate the selling price of the car (before turning to the leasing option), nor am I interested in it's price now....
 
I simply turned to 3 local dealers (and 2 leasing companies), gave them the same info:
 
Civic LX AT
36 month lease
12K miles/year
No money down (except first payment and license)
My credit score is 780 (yes, it's very high)
 
---- And asked for a monthly payment, out the door.
 
The offers I got from 2 dealerships were both "in the low $300s". The best I got from one dealership was $289, promising to get the car with the color I want "in a week or two". Not bad.
 
....Then, on Friday, one leasing company (recommended by a friend who's been leasing cars from them for years) offered the car for $249, but with a late January delivery. They did not ask for any money down, nor any signed agreement on my part...
 
I think the latest offer is really a great offer, seems legit, and I am taking it.
 
...Am I wrong, Car_man?

Messages Page 8 of 145

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