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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
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Hi Car_man and everyone, I am coming off a lease of a VW GLI and would like to lease a honda si. I have started the dealer game and have been to my second dealership. I think I have nailed down a good deal but would like some input. This is for a Honda SI sedan with no extras. ie summer tires or anything. MSRP 22775 muds, trays, stripe 1495 (yes I will be telling them what to do with that add on) list price 24270 sale price 19331 61% residual money factor .00225 36 mo 15,000 downpayment/startups 1100 payment 268 with tax My questions are what do you think of the sales price and is the residual value off the MSRP or the list price? Thanks for any and all advice.
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Replying to: Car_man (Mar 31, 2009 2:30 am)
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Replying to: alliecat1 (Apr 29, 2009 10:17 pm) I was able to get the best lease price by receiving internet quotes from all the dealers in my area (Philadelphia), sending the lowest quote to the other dealers and asking if they could beat it and then repeating this two or three times. The deal I ended up with: 36 month/12K lease for $2000 down and $187/month with all taxes and fees included. I negotiated the selling price down to $16,200 from the MSRP of $18,200. The MF and residual from Honda were .00225 and 62%, respectively. I think I got a pretty good deal. Also, the deal includes free oil changes for the length of the lease--just a little bonus. Good luck everyone!
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Replying to: bigmort (May 04, 2009 6:55 pm)
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Replying to: bostonben (Apr 25, 2009 8:15 pm) |
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Replying to: sd83srr (May 05, 2009 9:06 pm) I actually got in on the last day of a national deal that Honda was running. I negotiated the price below the deal ($2000 down, $189/month BEFORE taxes and fees), but the dealers were receiving incentives from Honda for leasing the Civic until May 4th. The saleswoman who leased me my car told me that Honda is likely going to reduce their incentives for May and June, meaning the price of the less is going to go up. You should still be able to get close to $200/month, $2000 down for a 36month/12k lease if you shop around, though. Good luck! |
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Thanks to all for the information. I just lease mine. 36 months/ 12K miles Inception fee: $1220 including doc, registration and gov fee, first month payment. Monthly payment $225 including tax (NJ)
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Replying to: 09kc3b (May 15, 2009 7:13 am) So, for those who have purchased a Civic LX in May, please let me know what you paid for - out the door. Thanks in advance! |
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Replying to: bostonben (Apr 27, 2009 1:54 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: m2701 (Apr 29, 2009 6:05 am) The above lease program is compatible with the $2,000 dealer cash on the '09 Civic Hybrid and the $750 dealer cash on the '09 Civic EX. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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