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Sedans Honda Civic Honda Civic: Lease Questions
832 messages, Last post on Dec 03, 2009 at 10:20 PM
You are in the Honda Civic Forum. Your Hosts are pat & karens
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Replying to: vagabondchef (Sep 21, 2009 5:46 pm) That said, supply and demand plays a huge role in the price you're going to get on the car. If your dealer only has a few Civics on the lot, then you're probably not going to have much bargaining room. Still, it's worth a shot to try and haggle with them to get the selling price of the car down as much as possible. Lease payments are based on the negotiated selling price of the car, so ask them what the current selling price is and then ask them if that includes the $750 in marketing support. Let them know that you're aware of the marketing support. They're less likely to take advantage of a buyer who's well-informed. I hope this helps...
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Replying to: th83 (Sep 21, 2009 9:43 pm) Thanks!!
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Replying to: vagabondchef (Sep 22, 2009 9:23 am) I blame the CFC program for ruining the great deals that people were getting before the program started. Fuel efficient and relatively inexpensive cars like the Civic received the biggest boost in sales, and as a result, dealer inventory is low and the dealers are still smug after all of the money they raked in in July and August. Had the CFC program not come along, dealers would have a lot more unsold cars on their lots and you could probably still get a Civic LX for under $16k. I, too, need a new car (my lease is up in two weeks!) and I'm not sure what I'm gonna do now because I had planned on getting a 2009 Civic but now I'm going to be paying a lot more than I would've had I went ahead and bought in June or July. Oh well...
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Replying to: th83 (Sep 22, 2009 6:02 pm) Do you think I should do it? Is it a good deal? Let me know!!! Thanks!!
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Replying to: vagabondchef (Sep 22, 2009 6:42 pm) One more question for you: Do any of those other dealerships have the color that you want? If they do, you can tell them that the dealership in Racine is willing to go $250/month with $475 out of pocket and see if they'd be willing to beat that. If they bite, tell the dealer in Racine what the other dealer offered and see if they'll beat that price. That's the best way to deal, in my experience. Also, you might want to wait another week and buy on the last day of the month. They say that dealers get a bonus if they meet a certain sales quota, and they're usually willing to take a loss on a few cars to reach it. Who knows? You may be able to shave a few more dollars off your payment if you wait another week. If you can't wait that long, then the deal you have is good, and for all we know it may not get any better. And look at it this way, even if you settle on $250/month, that's still $23.50 less than what you'd be paying if you had accepted their first offer. That's not too shabby, eh? 
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Hi everyone, I've been reading along for a while and you have all helped me a great deal (whether you know it or not!). Anyway, I was at a Honda dealership (near Boston) the other night and got a lease quote for a 2009 Honda Civic LX and was wondering what you think. $136/month (including tax) 36 month lease 12,000 miles per year $2,000 due at delivery (this includes a credit for my trade-in and all fees) What do you think? I was wondering if I should negotiate the "due at delivery" for a little less (by asking for more for my trade-in, they kind of cut me short) and then asking for $0 at delivery and asking to differ it into the monthly payments.
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Replying to: mightiesarah (Sep 23, 2009 1:19 pm) |
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Replying to: Car_man (Aug 31, 2005 3:05 am) Can you tell me what the money factor and residuals are for both an '09 & '10 Honda Civic EX? Also, I know the new deals came out on 9/8, do you know when the October deals are starting and if there is a place you post these when they come out or do I just need to check back? Thanks in advance.
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Replying to: msmaclav (Sep 26, 2009 5:10 pm) Can you tell me what the money factor and residuals are for both an '09 & '10 Honda Civic EX? Also, I know the new deals came out on 9/8, do you know when the October deals are starting and if there is a place you post these when they come out or do I just need to check back? Thanks in advance. Also forgot to say this would be for a 36 month, 12K mile lease. Thanks again. |
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Replying to: msmaclav (Sep 26, 2009 5:10 pm) The numbers for an otherwise identical lease of a 2009 Honda Civic EX Sedan are .00186 and 56%. You never mentioned how long you want to lease for or what mileage allowance you need, so I had to make some assumptions. Let me know if you want something different. Honda's current lease program is scheduled to run through November 2nd. While it is possible that it will make an unscheduled revision to the Civic's lease program in October I would say that it is unlikely. Car_man Host Prices Paid: Buying & Leasing Experiences Forum EDIT: Ahhhh, I see that in your next post you mentioned that you're interested in a lease with 12,000 miles per year. The residual values for 12k leases would be 2% higher than the ones that I mentioned above.
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