Honda Civic Lease

cc71cc71 Member Posts: 3
edited August 2014 in Honda

I am considering leasing a 2014 Civic EX L (located in FL). Quote MSRP $23530 Selling price $22101 with a "discount" of $1600 leaving $20501. They listed a taxable fee $30.50, doc fee $499, tax $1336.83 & non tax fee of $127 for a total of $22494.33. Cap Cost $21989, .00021MF, 57% residual for 12k, base residual $13412.10. This is with no money down @ 36mo & pymt of $264.11. Is this a fair deal?

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  • cc71cc71 Member Posts: 3

    Explanation for the $1336.83 tax is for tax on the selling price. Should this be the case given that there is also a "use tax" of $18.43 per month? Monthly pymt shows lease depreciation $238.25 + $7.43 lease charge + $18.43 use tax = $264.11 mo pymt.

  • cg29cg29 Member Posts: 2
    Need help, would like to lease a 2014 civic ex-l no nav, msrp $23,660, before I contact dealers, what would be a reasonable price to expect? 

    I am still debating wether to buy or lease, since i've found it easier to negotiate on purchases in the past. 
  • MichaellMichaell ColoradoModerator Posts: 206,408
    cg29 said:

    Need help, would like to lease a 2014 civic ex-l no nav, msrp $23,660, before I contact dealers, what would be a reasonable price to expect? 

    I am still debating wether to buy or lease, since i've found it easier to negotiate on purchases in the past. 

    There is a "Civic Pries Paid" discussion you can read that shows sale prices. You can also use the pricing tools at the top of the page (make / model / year) to help establish a target price.

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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