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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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#701 of 832
Re: 2009 Civic LX Lease [bostonben] by ghetto2315
May 06, 2009 (8:25 am)
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Replying to: bostonben (Apr 25, 2009 8:15 pm)

Leased my 08 Si Coupe for $315.00 per month, for 36-months, and 20,000 miles per year. Paid $2,500.00 out of pocket, which includes tax, title and fee. Plus, I was upside down $900 on my trade! Free oil change for the life of my lease, free locking lug nuts, and free B1 and B2 service.
#702 of 832
Re: 2009 Civic LX Sedan Lease Deal [sd83srr] by bigmort
May 06, 2009 (6:48 pm)
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Replying to: sd83srr (May 05, 2009 9:06 pm)

sd83srr-
 
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!
#703 of 832
2009 HONDA/CIVIC SEDAN LX AT Lease deal by 09kc3b
May 15, 2009 (7:13 am)
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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)
#704 of 832
Re: 2009 HONDA/CIVIC SEDAN LX AT Lease deal [09kc3b] by sd83srr
May 15, 2009 (7:36 am)
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Replying to: 09kc3b (May 15, 2009 7:13 am)

What price (out the door) are you getting them down to? I saw awhile back that someone got them to do $16,500 OTD. I think my best option is to finance the Civic LX because my commute is going to more than double in a few months. I don't want to have to worry about the mileage.
 
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!
#705 of 832
Re: Civic LX AT Lease [bostonben] by Car_man HOST
May 19, 2009 (2:03 am)
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Replying to: bostonben (Apr 27, 2009 1:54 pm)

Hey bostonben. Yes, Honda is currently providing support on 24 month leases of the 2009 Civic. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Civic Sedan LX with 15,000 miles per year are .00225 and 67%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#706 of 832
Re: Civic EX-L and Hybrid data [m2701] by Car_man HOST
May 19, 2009 (2:07 am)
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Replying to: m2701 (Apr 29, 2009 6:05 am)

Hi Matt. Here's the latest on these cars' lease programs. According to the latest information that I have seen, Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Civic EX-L Sedan with 12,000 miles per year are .00225 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 .00156 and 61%.
 
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
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Prices Paid: Buying & Leasing Experiences Forum
#707 of 832
Re: 2009 Civic LX coupe lease - April [rmayfield] by Car_man HOST
May 19, 2009 (2:14 am)
Reply

Replying to: rmayfield (Apr 29, 2009 10:10 am)

Welcome rmayfield. Even though you are new to leasing you did a very good job at getting all of the important information that you need to determine if this offer is a good deal.
 
The money factor that you were quoted is right in line with Honda Finance's current buy rate for this car. That is a good sign.
 
The other important variable here is this car's selling price. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If I was in the market for a 2009 Civic LX right now, I personally would shoot for a selling price of around $500 over dealer invoice, which would be equivalent to right around invoice once the $500 dealer cash that is available on this car is taken into account. The dealer invoice price of this model is $17,305.
 
As you can see, the price that you were quoted is excellent. It is right around invoice minus the available dealer cash. If you like this car, go for it. This is about as good a deal as you are going to get on it right now.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#708 of 832
Re: 2009 HYBRID LEASE DEAL- no navi [alliecat1] by Car_man HOST
May 19, 2009 (2:19 am)
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Replying to: alliecat1 (Apr 29, 2009 10:17 pm)

Hi alliecat1. I'm glad that you found this discussion so helpful. Thanks for taking the time to give back and share the details of your recent lease with everyone. Real world examples like this are always helpful for community members who are in the market for similar vehicles.
 
If you haven't already, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience too .
 
Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#709 of 832
Re: Honda si lease question [whatdidyousay] by Car_man HOST
May 19, 2009 (2:25 am)
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Replying to: whatdidyousay (Apr 30, 2009 5:43 am)

Hi whatdidyousay. The dealer invoice price for the car that you are interested in is $21,020. If one subtracts the available $750 dealer cash from that it drops to around $20,270. Interestingly, the selling price that you were quoted...even after the addition of the dealer-installed options that you mentioned is even lower than that. If you can get this car for under $20,000 you are getting an outstanding deal.
 
The money factor and residual value that you were quoted are right in line with Honda Finance's current program for this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#710 of 832
Re: Leasing prices on 09 Civic LX-S, EX-L [jdw7460] by Car_man HOST
May 19, 2009 (2:31 am)
Reply

Replying to: jdw7460 (May 01, 2009 1:09 pm)

Hi jdw7460. I believe that the volume-based dealer cash programs that Honda was running in April are no longer available in May.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum

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