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Re: August lease terms/incentives on Civic LX-S [loud0g40oz]
by Car_man HOST
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Aug 25, 2009 (2:04 am)
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Replying to: loud0g40oz (Aug 24, 2009 9:34 pm)
Hey loud0g40oz. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Civic LX-S Sedan with 15,000 miles per year are .00195 and 66%, respectively.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #763 of 832
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Re: August lease terms/incentives on Civic LX-S [Car_man]
by loud0g40oz
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Aug 25, 2009 (5:11 am)
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Replying to: Car_man (Aug 25, 2009 2:04 am)
Thanks Car_man. I'm assuming you meant 24 month, not 36 month lease for these figures.
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- #764 of 832
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Civic Si 36month lease
by bball69
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Aug 29, 2009 (9:57 pm)
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Car_man, any details you can provide on a civic si lease would be greatly appreciated. I tried to lease one today and left the dealer feeling like I must resemble their girlfriend after the price they gave me, $3,500 down, $350/month for 36 months with 12k. The car did have navigation which I really don't want.
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- #765 of 832
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Re: Hey Car_man [Car_man]
by mannydom
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Aug 31, 2009 (7:35 pm)
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Replying to: Car_man (Aug 24, 2009 2:39 am)
hi there... for a civic DX VP, how will the variables change for september...i.e. MF, residual, and cash back...any info will be truly appreciated...this is my first time to lease a honda...how realistic is it to negotiate for a "no money down?"...how close to invoice price are dealers willing to go?...thanks so much everyone...
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- #766 of 832
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Re: Hey Car_man [mannydom]
by ghetto2315
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Sep 02, 2009 (8:18 am)
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Replying to: mannydom (Aug 31, 2009 7:35 pm)
mannydom, "no money down" is different than "no money out of pocket". When you negotiate your lease and you tell them that you do not want to put any money down, that means due at signing you still would have to pay tax, title, reg, and other fees associated with your deal. If you say you would like no money out of pocket, which essentially means you basically "sign and drive" and pay nothing at signing, they can do that as well. Your monthly payments will be higher, obviously. Just make sure your dealer represents the MF, Residual, and selling Price as the same for each negotiated deal of "no money down" or "no money out of pocket". As for getting invoice pricing, it shouldn't be too hard. Refer to www.truecar.com and find out what others are paying. I suggest printing that out and taking that to your dealer. It looks like in your area, people are paying close to $500 BELOW invoice.
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- #767 of 832
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September Residual, MF and Dealer Cash Update
by ghetto2315
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Sep 02, 2009 (8:22 am)
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Hey Car_man, it's September. Can you tell me if the Dealer Cash for Lease, Finance or Both is still in effect and any Financing Specials, please? Thank you!
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- #768 of 832
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Re: Hey Car_man [ghetto2315]
by mannydom
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Sep 02, 2009 (10:01 am)
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Replying to: ghetto2315 (Sep 02, 2009 8:18 am)
thanks so much...for september, any numbers for MF and residuals for a civic DX VP?...
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- #769 of 832
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September LX-S Lease Terms?
by loud0g40oz
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Sep 03, 2009 (6:05 pm)
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Ok, these dealers are playing games now thinking their Civics are gold.
Anyone have the Lease terms (MF, residual) for an 09 Civic LX-S 24 and 36 month 15k/yr?
If you've got the LX numbers, please post those as well.
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- #770 of 832
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Re: August lease terms/incentives on Civic LX-S [loud0g40oz]
by Car_man HOST
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Sep 04, 2009 (2:14 am)
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Replying to: loud0g40oz (Aug 25, 2009 5:11 am)
You're very welcome, loud0g40oz. You're absolutely right, I meant that these are the 24 month numbers. I guess that I'm just so used to writing 36 because that's what most people ask about. 66% would be one heck of a 36 month residual value. It that was really the case, I might just pick up a new Civic with the change that I find behind my sofa cushion for kicks.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #771 of 832
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Re: Civic Si 36month lease [bball69]
by Car_man HOST
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Sep 04, 2009 (2:28 am)
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Replying to: bball69 (Aug 29, 2009 9:57 pm)
Here's the information that you're looking for, bball69. Through September 8th, Honda Finance's buy rate lease money factor and residual value for a 36 month lease of a 2009 Civic Si Sedan with 12,000 miles per year are .00195 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
When negotiating your price on this car, make sure to take the $1,250 dealer cash that is currently available on it into account. Whatever you do, don't make a $3,500 down payment on a lease. I always advise consumers not to make down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though the money payment for a zero down lease will be higher, that's the safest route.
Car_man
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