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Honda Fit Lease Questions
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I wish to thank you in advance of any information you (or kyfdx) might provide to my questions on this leasing forum (as well as some other Honda car leasing forums I'll post a question on).
Car_man, because of your essential information 4-1/2 years ago here on Carspace/Edmunds, we were able to negotiate, in April 2006, a 3 year/15k lease on the then current year 2006 Honda Pilot EX-L that:
We got priced down to $28,139.48, and, thuslyCost us only $358.14/monthHad a residual of only $16,197.50... so we bought the Pilot at the end of our lease!!!
We're currently looking to lease another Honda - somewhat more mileage oriented - and wish to know if you have any December figures for the 2010 or 2011 Fit?
My wife and I are looking at the Fit Sport-5 spd/manual ($17,160 msrp) 12k/15k residuals and the money factor(s) for the Honda Financial leases.
Once again, THANK YOU!
Sincerely, builder
I haven't seen anything on the 2011 Fit yet.
Car_man
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Could you look up the money factor and residual value for a 24 month lease of a 2010 Fit Sport with 12,000 miles per year?
Also, does the residual value depend on mileage? Is there a good tool or table to calculate residual value for different Fit years?
Thanks,
Edwin
Yes, vehicles' residual values vary depending upon what mileage allowance you want.
Car_man
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Can you post June money factor and residual for 2011 Fit Sport 5 speed manual 3 years/36k? Any rebates or dealer cash on this car in NY?
Thanks!
Honda is not providing any incentives on the Fit right now.
Car_man
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Thanks in advance for any info you can share!
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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Might you educate me on some aspects of leasing?
I am interested in leasing a new Honda Fit but want to minimize monthly cash flow requirements while still preserving ability to buy the car at end of lease term at a price that in the end is not terribly different than purchasing the car at outset (that orig lease costs plus payments plus later purchase price is ~equal to new car purchase price).
Creditworthiness for this discussion is best available. I need 15k miles/yr. Is state sales tax dealt w differently in different states? This could originate in florida or illinois. Are there differences aside from differences in state sales tax in the respective places?
Might you help?
Thanks,
TNL
Car_man
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Honda Finance's August buy rate lease money factor and residual value for a 36-month lease of a 2012 Fit with 15,000 miles per year are .00185 and 59%, respectively for consumers who qualify for its top credit tier.
If you were to lease this car with 12,000 miles per year, its residual value would be 2% higher.
I haven't seen any info on the 2013 Fit yet.
Car_man
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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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Thanks!
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
I could work up a sample lease payment on the Fit that you're interested in if you provide me with its MSRP and selling price.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Hi
Do you have MF & residual for 2015 Fit EX - 24 month / 12k & 36 month / 12k ? California
Thanks
24/12 - 73%
36/12 - 67%
.00116 MF
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Thanks you! No matter how you slice it, it's really hard to beat the lease deal on the 2014 Prius. I guess Prius as is!
@roadragee said: Hi
Do you have MF & residual for 2015 Fit EX - 24 month / 12k & 36 month / 12k ? California
Thanks
24/12 - 73%
36/12 - 67%
.00116 MF
Hi.. any differences for the EX-L with Nav in northern NJ?
Subtract 2% from the residual for the EX-L. Same MF.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Hi! Could you tell me the MF and residual on the 2015 Honda Fit LX CVT? I am in Southern New Jersey.
MF is .00116, residual is 66% for 36 months, 15k per year.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Could you tell me, please, the MF and residuals for 12k/24 months and 12k/36 months for a both a Fit EX and a Fit EX-L in MA.
Thanks!
EX: 72% and 66% residual.
EX-L: Subtract 2%
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