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Sedans Honda Civic Honda Civic: Lease Questions
832 messages, Last post on Dec 03, 2009 at 10:20 PM
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Replying to: endlsskys (Oct 20, 2009 6:28 pm) You can determine approximately how much it will cost you to get out of your Civic lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: starks33 (Oct 21, 2009 7:45 am) 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 Host Prices Paid: Buying & Leasing Experiences Forum |
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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! |
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Replying to: njpcdriver (Oct 26, 2009 7:04 am)
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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
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Replying to: thebigdaddye (Oct 27, 2009 5:11 am) 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??
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Replying to: ghetto2315 (Oct 26, 2009 7:54 am)
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Replying to: njpcdriver (Oct 27, 2009 6:34 am)
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Replying to: njpcdriver (Oct 27, 2009 6:37 am) |
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Replying to: thebigdaddye (Oct 27, 2009 3:26 pm) 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!!! |
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