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2015 Honda Civic Lease Questions

catbuscatbus Member Posts: 37
edited May 2015 in Honda
Hi,
Interested in the 2015 Civic sedan LX manual RV and MF for 3year lease @ 15K, Northern California.
Thanks!


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Comments

  • kyfdxkyfdx Moderator Posts: 250,794
    catbus said:

    Hi,
    Interested in the 2015 Civic sedan LX manual RV and MF for 3year lease @ 15K, Northern California.
    Thanks!




    .00041 MF and 58% residual. $750 dealer lease cash.

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  • catbuscatbus Member Posts: 37
    Thank you! I have a dealer quoting .00089, saying Honda sets it and he can't change it. Same details otherwise. Not true?
  • kyfdxkyfdx Moderator Posts: 250,794
    catbus said:

    Thank you! I have a dealer quoting .00089, saying Honda sets it and he can't change it. Same details otherwise. Not true?


    I'm sorry... didn't realize that California was split into two different regions. Northern California is in Region B, and .00089 is correct.

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  • catbuscatbus Member Posts: 37
    Thank you. I also received two different MFs from dealers on another quote, so thought I'd better double check.
  • mickqmickq Member Posts: 15
    Hi, I am looking at a 2015 Honda Civic Si with Navigation for a 36/15,000 mile lease in Southern Massachusetts. Can you provide a quote on the current MF and residual? Any other current incentives?

    Also, do you know if Honda would allow a lease for, say, 27 months? According to a dealer's website calculator, that is the best deal for me. Any learning on this?

    Thanks,
    Mick
  • kyfdxkyfdx Moderator Posts: 250,794
    mickq said:

    Hi, I am looking at a 2015 Honda Civic Si with Navigation for a 36/15,000 mile lease in Southern Massachusetts. Can you provide a quote on the current MF and residual? Any other current incentives?

    Also, do you know if Honda would allow a lease for, say, 27 months? According to a dealer's website calculator, that is the best deal for me. Any learning on this?

    Thanks,
    Mick


    Sedan?

    .00041 MF and 57% residual for 36/15

    .00041 MF and 63% residual for 27/15

    I doubt the 27 month term would be a better deal, with just a 6% higher residual and few months over which to amortize the acquisition fee.

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  • cg29cg29 Member Posts: 2
    Need help,
    2015 ex-l no nav, debating wether to buy or lease, i have a selling price of $21,400 from msrp of $23,600,

    what payment should i expect if I lease w no down payment
    3y/12k,
    am I getting a good deal? 
  • mickqmickq Member Posts: 15
    kyfdx said:

    mickq said:

    Hi, I am looking at a 2015 Honda Civic Si with Navigation for a 36/15,000 mile lease in Southern Massachusetts. Can you provide a quote on the current MF and residual? Any other current incentives?

    Also, do you know if Honda would allow a lease for, say, 27 months? According to a dealer's website calculator, that is the best deal for me. Any learning on this?

    Thanks,
    Mick


    Sedan?

    .00041 MF and 57% residual for 36/15

    .00041 MF and 63% residual for 27/15

    I doubt the 27 month term would be a better deal, with just a 6% higher residual and few months over which to amortize the acquisition fee.
    Thank your quick reply. Yes, a sedan.

    Mick
  • MichaellMichaell Moderator Posts: 249,992
    cg29 said:

    Need help,
    2015 ex-l no nav, debating wether to buy or lease, i have a selling price of $21,400 from msrp of $23,600,

    what payment should i expect if I lease w no down payment
    3y/12k,
    am I getting a good deal? 

    What state? There are two different money factors in play for the Civic.

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  • mickqmickq Member Posts: 15
    Sounds like there is/was $750 (or $800?) lease cash on Civics. Do you know how long that will last? Thanks.

    Mick
  • MichaellMichaell Moderator Posts: 249,992
    mickq said:

    Sounds like there is/was $750 (or $800?) lease cash on Civics. Do you know how long that will last? Thanks.

    Mick

    We are showing $500 lease cash on Civics, good through 3/2/15.

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  • mickqmickq Member Posts: 15
    Thank you!!
  • catbuscatbus Member Posts: 37
    How about Civic Si sedan, also 3 years/15K, Northern California?
  • kyfdxkyfdx Moderator Posts: 250,794
    catbus said:

    How about Civic Si sedan, also 3 years/15K, Northern California?


    .00089 MF and 59% residual

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  • sweethome21sweethome21 Member Posts: 4
    Hi All. Could I get the lease info for a 2015 Civic EX, 36/15 in Pennsylvania. Also for 24/15. Thanks!
  • MichaellMichaell Moderator Posts: 249,992

    Hi All. Could I get the lease info for a 2015 Civic EX, 36/15 in Pennsylvania. Also for 24/15. Thanks!

    65% for 24/15

    58% for 36/15

    $500 lease cash and MF of .00041 for PA

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  • sweethome21sweethome21 Member Posts: 4
    Thanks very much! Lease cash works towards lowering the sales price of the vehicle? Just wondering how that applies.
  • MichaellMichaell Moderator Posts: 249,992

    Thanks very much! Lease cash works towards lowering the sales price of the vehicle? Just wondering how that applies.

    Lease cash can be used in one of two ways:

    1. reducing the cap cost price of the car
    2. offset some of the upfront costs associated with a lease (acquisition fee, etc.)

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  • pizzapieguypizzapieguy Member Posts: 9
    Hey do you have the MF and RV for a 2015 Honda civic LX automatic in North Carolina? Also I was wondering if there are any specials?
    Thank you
  • MichaellMichaell Moderator Posts: 249,992

    Hey do you have the MF and RV for a 2015 Honda civic LX automatic in North Carolina? Also I was wondering if there are any specials?
    Thank you

    58% for 36 months, 15,000 miles per year.

    .00089 MF and $500 lease cash.

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  • mbamsismbamsis Member Posts: 1
    What are the MF and RV for a Civic EX-L with Navi on a 36/12,000 in Florida (Tampa/Orlando)?
  • kyfdxkyfdx Moderator Posts: 250,794
    mbamsis said:

    What are the MF and RV for a Civic EX-L with Navi on a 36/12,000 in Florida (Tampa/Orlando)?


    .00041 MF and 56% residual. $750 lease cash

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  • gtravisgtravis Member Posts: 27
    what are the MF and RV for a Civic EX for 36/12,000 in IL ? Any lease cash ?
  • MichaellMichaell Moderator Posts: 249,992
    gtravis said:

    what are the MF and RV for a Civic EX for 36/12,000 in IL ? Any lease cash ?

    .00041, 60% and $500 lease cash.

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  • catbuscatbus Member Posts: 37
    With many thanks again for your endless answers, may I have the February MF/RV/incentives for the 2015 Civic LX manual in Northern California? Thank you!
  • kyfdxkyfdx Moderator Posts: 250,794
    catbus said:

    With many thanks again for your endless answers, may I have the February MF/RV/incentives for the 2015 Civic LX manual in Northern California? Thank you!


    .00089 MF and 57% residual for 36mo, 15K/yr. $750 lease cash

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  • 2planes2planes Member Posts: 14
    What are the MF and RV for a Civic EX-L with & w/o Navi on a 36/12 in North Carolina? Does anyone have a recent OTD price for North Carolina? Thanks!
  • MichaellMichaell Moderator Posts: 249,992
    2planes said:

    What are the MF and RV for a Civic EX-L with & w/o Navi on a 36/12 in North Carolina? Does anyone have a recent OTD price for North Carolina? Thanks!

    .00089 and 58% (w/o Nav) or 56% (w/ Nav). $500 lease cash.

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  • mickqmickq Member Posts: 15
    Is there any lease cash in Massachusetts for an Si right now?
  • kyfdxkyfdx Moderator Posts: 250,794
    mickq said:

    Is there any lease cash in Massachusetts for an Si right now?

    $900.. nationwide

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  • sok454sok454 Member Posts: 3
    May I please have the MF/Interest etc for a 2015 Honda Civic EX, 24 and 36 month @ 12k/15k miles. Thank you!
  • flpnginoflpngino Member Posts: 1
    Would appreciate lease info for 15 Civic SI Sedan 36 mo 15k in Northern Cal. Thanks in advance!
  • kyfdxkyfdx Moderator Posts: 250,794
    sok454 said:

    May I please have the MF/Interest etc for a 2015 Honda Civic EX, 24 and 36 month @ 12k/15k miles. Thank you!

    MF dependent on location.. Either .00041 or .00089.

    Residuals are 65%/67% or 58%/60%

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  • kyfdxkyfdx Moderator Posts: 250,794
    flpngino said:

    Would appreciate lease info for 15 Civic SI Sedan 36 mo 15k in Northern Cal. Thanks in advance!

    .00089 MF and 59% residual

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  • sunrisemichsunrisemich Member Posts: 3
    What are the MF and RV for a Civic EX / SE for 24/10000 and 36/10000 in Michigan ? Thanks.
  • MichaellMichaell Moderator Posts: 249,992
    What are the MF and RV for a Civic EX / SE for 24/10000 and 36/10000 in Michigan ? Thanks.
    .00041 MF

    no 10k programs for Honda. 66% / 60% for the EX for 24/12 and 36/12.  Subtract 1% for the SE

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  • silo31silo31 Member Posts: 8
    What are the MF and RV for a Civic LX 36/15,000 in Florida. Also is there anywhere we can find this ourselves? Thanks!
  • MichaellMichaell Moderator Posts: 249,992
    silo31 said:

    What are the MF and RV for a Civic LX 36/15,000 in Florida. Also is there anywhere we can find this ourselves? Thanks!

    36/15 residual is 58% for the LX; MF in Florida is .00041

    $900 lease cash.

    This information is not public.

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  • silo31silo31 Member Posts: 8
    Think I got a good deal? Live in Florida leased civic lx 36/15k. MF is .00041 and RV is 58%. I got a vehicle selling price of 173331. Ended up with a deal of 199 a month with 1250 cash down which includes tax, tags, registration, first month payment, and a stupid dealer fee. I tried to reduce the dealer fee as much as possible. 
  • silo31silo31 Member Posts: 8
    They lowered the selling price a lot but i feel like they made up for it in fees
  • silo31silo31 Member Posts: 8
    Also deer cash 900
  • MichaellMichaell Moderator Posts: 249,992
    silo31 said:

    Think I got a good deal? Live in Florida leased civic lx 36/15k. MF is .00041 and RV is 58%. I got a vehicle selling price of 173331. Ended up with a deal of 199 a month with 1250 cash down which includes tax, tags, registration, first month payment, and a stupid dealer fee. I tried to reduce the dealer fee as much as possible. 

    What was the MSRP? If the $199/mo includes FL tax, I think you did just fine.

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  • silo31silo31 Member Posts: 8
    Msrp was 20110
  • silo31silo31 Member Posts: 8
    Included all taxes plates registration and first month payment
  • silo31silo31 Member Posts: 8
    Sorry the 199 does include fl tax
  • MichaellMichaell Moderator Posts: 249,992
    silo31 said:

    Sorry the 199 does include fl tax

    Good deal! Enjoy your new Honda!

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  • silo31silo31 Member Posts: 8
    Thanks!! And thank you for helping me with all the numbers before! 
  • medatudentmedatudent Member Posts: 11
    How is this deal i was offered? Florida civic LX 36 months and 15k miles a year. Negotiated price was 18626 with a msrp of 20110. Residual value was 11,663 and money factor of 0.00041. Final deal is no down payment and 206 a month plus tax. 
  • MichaellMichaell Moderator Posts: 249,992

    How is this deal i was offered? Florida civic LX 36 months and 15k miles a year. Negotiated price was 18626 with a msrp of 20110. Residual value was 11,663 and money factor of 0.00041. Final deal is no down payment and 206 a month plus tax. 

    I get $205.81/mo before tax, so spot on with your quote.

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  • medatudentmedatudent Member Posts: 11
    Thanks, but do you think the negotiated price is too high considering the factory invoice 18754 and the 900 dealer cash? I realize they need to make money but not sure how much. 
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