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Honda Civic Lease Questions

827 messages,  Last post on Dec 01, 2009 at 11:38 AM

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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#804 of 827
Re: Request for 2009 Honda Civic Coupe EX Lease #'s [starks33] by Car_man HOST
Oct 23, 2009 (2:12 am)
Reply

Replying to: starks33 (Oct 21, 2009 7:45 am)

Hello starks33. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Honda Civic Coupe EX without navigation with 12,000 miles per year are .00186 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
When negotiating your lease on this car, make sure to take advantage of the $750 dealer cash that is currently available on it.
 
The numbers for an otherwise identical lease of a 2010 model are .00186 and 60%.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#805 of 827
2009 Civic LX sedan lease - is it good? by njpcdriver
Oct 26, 2009 (7:04 am)
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Hi all,
 
We just got this quote by a dealer in northern New Jersey for a 2009 LX sedan with auto trans:
 
$1000 down at lease signing, $243/mo. for 36 months (with 12k mi/yr) including all taxes and fees.
 
We had started looking for an EX sedan but when the dealers came back with monthly payment amounts of $287 to $300, we decided to scale down to the LX sedan. Are these guys just trying to pull the ol' swindle?
 
Seeing the other posts on this board, I don't think our offer is so good anymore. What do you guys think?
 
Thanks!
#806 of 827
Re: 2009 Civic LX sedan lease - is it good? [njpcdriver] by ghetto2315
Oct 26, 2009 (7:54 am)
Reply

Replying to: njpcdriver (Oct 26, 2009 7:04 am)

njpcdriver, where in NJ do you live? Depending on where you live and if you're willing to travel (who knows, you could be around the corner), I can help you get the best deal possible. One of my best friends works for DCH Academy Honda in Old Bridge, NJ and between myself, my family, friends, and random people I've met on here, we have leased / purchased 12 (and counting...) Honda's from him in the past year. It's almost comical how much I help him out. I only ask from him in return is to refer customers to me if they need a Mercedes-Benz so we have a great relationship! I am more than willing to help out a fellow New Jerseyian (I'd help out people from other states, but it seems like they'd rather stay in-state). Seems the $243.00 for 36-months, 12,000 Miles per Year with $1,000 Total out of Pocket seems a tad high based on the Residual and MF that CarMan has listed and they could go a little lower. My friend will beat that no problem. He doesn't play any games. Contact me if you need help in getting the 09 Civic LX you'd like. Take care!
#807 of 827
Re: 2009 Civic LX sedan lease - is it good? [njpcdriver] by thebigdaddye
Oct 27, 2009 (5:11 am)
Reply

Replying to: njpcdriver (Oct 26, 2009 7:04 am)

njpcdriver, that seems high to me as well. i just leased a 2010 civic LX-S for $223.86 35 months i paid the first months lease payment plus tags ect.. for a total of $443.36 due at my signing. i know the LX is priced about $1000 less then the LX-s is so you should be able to get the lx at a slightly lower payment and little to no money down like i did. i have found getting an internet price quote for purchasing from several dealers is the best way to go. that's what i did, i got price quotes from 5 dealers the lowest offer i got was $17,122 with tax title ect the OTD price was $18,500. most places wanted 18,200 before tax and title ect.. best thing to do is shop around and get the final price on paper so you don't get hosed at signing. good luck
#808 of 827
Re: 2009 Civic LX sedan lease - is it good? [thebigdaddye] by njpcdriver
Oct 27, 2009 (6:34 am)
Reply

Replying to: thebigdaddye (Oct 27, 2009 5:11 am)

thebigdaddye,
 
You were right - it was high so I went back to them and pushed for a better offer (thanks!) - here is what they came back with for the 2009 LX sedan:
 
Price $16,040
Cap cost: $0
Money factor: .00186
36 months with 12,000 miles per year = $229.43 per month with $1,258.43 total due at signing.
 
The monthly payment matches your payment, but why the difference in the down payment??
#809 of 827
Re: 2009 Civic LX sedan lease - is it good? [ghetto2315] by njpcdriver
Oct 27, 2009 (6:37 am)
Reply

Replying to: ghetto2315 (Oct 26, 2009 7:54 am)

Thanks for your reply ghetto2315 - I'll keep him in mind in case I get nowhere with the people I'm dealing with now!!
#810 of 827
Re: 2009 Civic LX sedan lease - is it good? [njpcdriver] by thebigdaddye
Oct 27, 2009 (3:26 pm)
Reply

Replying to: njpcdriver (Oct 27, 2009 6:34 am)

njpcdriver, that still seems a little high specially the amount down,plus it's a 2009 which i think has a $750 cash i believe to use towards the down payment. mine is a 2010 LX-S which is a step up from the LX. of course i don't know your credit rating or if your area is slightly higher for car prices. $229 a month is not bad ,but i wouldn't put that much down ($1,200+) try to keep it at or around $500 which should include the first month payment. keep at them and call around don't make a deal unless your totally happy and make sure everything is in writing
#811 of 827
Re: 2009 Civic LX sedan lease - is it good? [njpcdriver] by ghetto2315
Oct 31, 2009 (5:52 am)
Reply

Replying to: njpcdriver (Oct 27, 2009 6:37 am)

njpcdriver, no problem. I'm more than happy to help!
#812 of 827
Re: 2009 Civic LX sedan lease - is it good? [thebigdaddye] by njpcdriver
Nov 02, 2009 (10:15 pm)
Reply

Replying to: thebigdaddye (Oct 27, 2009 3:26 pm)

Just a little follow-up on the final outcome:
 
We decided to go with the 2009 Civic LX lease with $900 down and $232 a month. We didn't really have the time to haggle with the dealer anymore, so I put an end to the back and forth with the above numbers. Overall, the experience we had was good so no complaints here.
 
Thanks guys!!!
#813 of 827
Please Help by htownpimp786
Nov 15, 2009 (3:07 pm)
Reply
Car man,
 
Can you please give me the Residual and Money Factors on the following 2 cars? I am trying to figure out a lease for 36 months/15,000 miles.
 
2010 Honda Civic LX Automatic Coupe
 
2010 Honda Civic EX Automatic Coupe
 
I am turning in a 2007 Honda Accord with the lease ending in December so I am pretty sure that I quality for the super-preferred term as a returning American Honda Finance customer.
 
Thanks!!

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