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Honda Fit: Lease Questions
71 messages, Last post on Dec 28, 2012 at 7:54 AM
You are in the Honda Fit Forum.- Your Host is pf_flyer
What is this discussion about? Honda Fit, Car Leasing, Car Buying, Hatchback
#69 of 71 Re: 2013 Honda Fit [missy2r2] by Car_man HOST
Nov 25, 2012 (8:20 am)
Replying to: missy2r2 (Nov 08, 2012 5:32 pm)
Hi missy2r2. 60-month leases typically aren't a very good idea. Manufacturers usually don't provide support on leases that are longer than 36 months or slightly longer. That's not an issue on an unsupported vehicle like the Fit, however you are still locking yourself into driving a Fit under a restrictive contract for a very long period of time. Over the course of five years, your life situation could change causing you to want a larger vehicle or your commute could change causing you to go way over your mileage allowance. 60-month leases are so uncommon that I personally don't even keep tabs on the details for them. I can give you an idea of what the numbers for a 4 year leases of a fit would be like. Honda Finance's November buy rate lease money factor and residual value for a 48-month lease of a 2013 Fit with 15,000 miles per year are .00180 and 52% for consumers who qualify for its top credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#70 of 71 2013 Fit base model lease by bconway52
Dec 25, 2012 (8:32 pm)
Could someone give me the current residual and money factor for a 2013 Fit base model for a 36month, 10k mile lease?Thanks!
- Car_man (Dec 28, 2012 7:54 am)
Replies to this message:
#71 of 71 Re: 2013 Fit base model lease [bconway52] by Car_man HOST
Dec 28, 2012 (7:54 am)
Replying to: bconway52 (Dec 25, 2012 8:32 pm)
Here's the information that you're looking for bconway52. Honda Finance's December buy rate lease money factor and residual value for a 36-month lease of a 2013 Fit Base with 10,000 miles per year are .00155 and 63% for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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