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Honda Civic Lease Questions

841 messages,  Last post on Dec 08, 2009 at 6:54 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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#668 of 841
Re: March Numbers [dolsey01] by Car_man HOST
Mar 31, 2009 (2:22 am)
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Replying to: dolsey01 (Mar 23, 2009 11:07 am)

I sure can, dolsey01. Here's the information that you are looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Civic Sedan LX with 12,000 miles per year are .00250 and 62%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier and pay a security deposit at lease signing.
 
When negotiating your lease on this car, make sure to take advantage of the dealer cash that is currently available on it. There is at least $1,000 on the '09 Civic right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#669 of 841
Re: Leasing prices on 09 Civic LX-S, EX-L [3kidsinback] by Car_man HOST
Mar 31, 2009 (2:30 am)
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Replying to: 3kidsinback (Mar 23, 2009 1:07 pm)

Excellent question, 3kidsinback. Marketing support is sometimes called dealer cash. This is a cash incentive that is paid by Honda to dealers when a vehicle is purchased. Honda is kicking back $2,000 dealer cash to dealers on every 2009 Civic Hybrid that they sell right now. There is a separate, additional volume-based dealer cash program out there that kicks in at least another $500.
 
Make sure to take this $2,500 into account during your negotiations. This cash means that dealers can sell '09 Civic Hybrids at $2,000 under dealer invoice (you can look up the exact invoice price of the car that you want over in the New Vehicle Pricing section of this site) and it is like they actually sold it for $500 over invoice.
 
If you are able to negotiate a selling price that's well below dealer invoice on the Civic that you want, you would be able to roll some negative equity from your current vehicle into your lease and have your lease payment calculated using a price that's close to dealer invoice. I always tell consumers though, you are better off waiting to get something new until you don't have any, or at least very little, negative equity.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#670 of 841
Re: 2009 Honda Civic LX Sedan (Auto) Lease - So Cal Area [livintheoc] by Car_man HOST
Mar 31, 2009 (2:34 am)
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Replying to: livintheoc (Mar 24, 2009 3:48 pm)

Congratulations on getting your new Civic, livintheoc. Thanks for taking the time to share the details of your lease with everyone. If you have the time, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds to share your thoughts on your recent dealer experience with others as well. Enjoy your new ride .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#671 of 841
Re: March Numbers [Car_man] by dolsey01
Apr 03, 2009 (12:54 pm)
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Replying to: Car_man (Mar 31, 2009 2:22 am)

Car_man,
 
How about numbers on the Civic Hybrid? With the current $2500 incentive, it might be almost the same amount to lease.
 
Thanks!!!!!!
#672 of 841
Current lease deals for LX trim level, 0 down, 15K? by pshooper
Apr 04, 2009 (11:55 am)
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I see that Honda is offering a zero down 12k 36 month lease on a Civic LX 4 door automatic for $249+tx this month. What would this payment become at 15K? Are people negotiating better deals than this?
#673 of 841
by usair
Apr 06, 2009 (2:10 pm)
Reply

Replying to: pshooper (Apr 04, 2009 11:55 am)

best deal for Civic Hybrid I got is $ 229 pm 229 down. anyone doing better, I am looking to be within $ 199.00
#674 of 841
2009 Civic Hybrid Lease - April by vorare
Apr 07, 2009 (6:44 am)
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Does anyone know what incentives are available in April for the '09 Civic Hybrid? Is it still the full $2500 ($2000 marketing support + $500 volume)?
 
Also, given the incentives that are available, what's a good "target" cap cost for negotiation purposes? I've got first quotes from the dealers and the cap cost has ranged from around $20700 to $21150. I saw on the buying board that some people got the pre-tax/fee cost down to $19,800 -- is that reasonable?
 
Thanks for any help -- this is my first time leasing so it's all pretty new to me.
#675 of 841
Civic LX Lease by aschmitty
Apr 08, 2009 (8:27 am)
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Hi Car Man, What are the current money factor and residual values for a manual 2009 Civic LX with 10k miles/year 36 mo. lease? I'm in the Chicago area. Thanks!
#676 of 841
Can I get a better rate? by mikki47
Apr 09, 2009 (6:05 pm)
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quoted $298 month/ $1,500 down/ 12 k miles year/ 36 months, for a 09.civic ex-L coupe automatic w/ leather seats Can anyone help? in PA
#677 of 841
Re: 2009 Civic Hybrid Lease - April [vorare] by vorare
Apr 14, 2009 (3:57 am)
Reply

Replying to: vorare (Apr 07, 2009 6:44 am)

Just a follow up for anyone that's curious. Ended up getting the Civic Hybrid (no nav, no leather) with a pre-tax cap cost of around $19850. With nothing down but first, doc, & title/plates, the pre-tax monthly worked out to around $212.

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