2016 Honda Civic Lease Questions

Michaell

scottsol said:

What is the current residual and MF on a 2016 Touring sedan in Los Angeles for 36 months/12k?

Thanks. 

56% and .00070. $250 lease cash.

acomp182

What is the current residual and MF for Civic EX Sedan in NY/NJ for 36k miles and 10k a year? Any lease cash being offered? Thank you.

Michaell

acomp182 said:

What is the current residual and MF for Civic EX Sedan in NY/NJ for 36k miles and 10k a year? Any lease cash being offered? Thank you.

62% and .00070. $250 lease cash.

acomp182

Michaell said:

acomp182 said:

What is the current residual and MF for Civic EX Sedan in NY/NJ for 36k miles and 10k a year? Any lease cash being offered? Thank you.

62% and .00070. $250 lease cash.

Great, thanks. Is it the same for the LX? When does the $250 lease cash expire?

ralora

Please provide the South Florida October numbers; RV, MF, Incentives or rebates for 36 & 39 month leases with 10, 12 & 15 miles. Also; provide any other inception fees numbers that are available such as acquisition, security, etc. 2016 Honda Civic Sedan EX-L w/Nav

julio91

Good afternoon guys, any news on the money factor and residual for the 2017 Honda Civic hatchback ( LX, EX, EX-L ) in Miami Florida 

for 24,27,30,33,36 
for 12,000 and 15,000 a year ? 

@kyfdx

@Michaell

Michaell

acomp182 said:

Michaell said:

acomp182 said:

What is the current residual and MF for Civic EX Sedan in NY/NJ for 36k miles and 10k a year? Any lease cash being offered? Thank you.

62% and .00070. $250 lease cash.

Great, thanks. Is it the same for the LX? When does the $250 lease cash expire?

Same numbers for LX. Numbers expire 10/31

Michaell

julio91 said:

Good afternoon guys, any news on the money factor and residual for the 2017 Honda Civic hatchback ( LX, EX, EX-L ) in Miami Florida 

for 24,27,30,33,36 
for 12,000 and 15,000 a year ? 

@kyfdx

@Michaell

15k numbers

.00070 MF.

LX and EX - 69% 68% 66% 64% 62%
Subtract 3% for EX-L

For 12k, add 1% for 24/27/30/33 months, 2% for 36 months.

$250 lease cash.

rickz

Please provide MF and residuals for 2016 Civic Sedan Touring in middle Tennessee for 12k miles and 24-39 month terms. Thank you.

Michaell

rickz said:

Please provide MF and residuals for 2016 Civic Sedan Touring in middle Tennessee for 12k miles and 24-39 month terms. Thank you.

.00070 and 62% 61% 59% 57% 56% 54% for 24 27 30 33 36 39

$250 lease cash.

sk2002

What are the MF and residual for Civic Touring in MA - I'm looking for a 36m 10kmiles lease. Thanks in advance.

kyfdx

sk2002 said:

What are the MF and residual for Civic Touring in MA - I'm looking for a 36m 10kmiles lease. Thanks in advance.

.00070 MF and 56% residual. $250 lease cash
No 10K mi/yr allowance for Honda.

hcviana

In South Florida, what are the Residual and MF for 2016 Civic LX Sedan w/Sensing (MSRP $21,275) 10/36 lease?

kyfdx

hcviana said:

In South Florida, what are the Residual and MF for 2016 Civic LX Sedan w/Sensing (MSRP $21,275) 10/36 lease?

.00070 MF and 59% residual for 36/12.

$250 lease cash

redwing05

Hey All,

I received a quote on a 2016 Honda Civic EX-T Sedan in Northern New Jersey.

MSRP - $23,035
Selling Price - $21,357
MF - .0007
Residual - 61%

All Taxes and fees rolled into the payment. Only first months payment due at signing.
Bank Fee - $595
Doc - $399
DMV - $229.50
Tire Tax - $7.50

Quoted Monthly Payment = $290.00

I have two questions. Are these numbers accurate? and Do you think this is a good deal or can I do better? I ran the numbers myself and came up with $281.63

Thoughts?

Thanks in advance!

hcviana

I am being offered the following deal for a 2016 Civic LX w/Sensing in South Florida:

MSRP = $21,275
Net Cap Cost = $20,500
MF = .0007
36/12
Res = 59%
$500 down
Payment = $230/mo + 6% tax = $243/mo

Based on what I have read on this forum, it seems a bit high. Do prices vary that much by region?

Any opinion on how good or bad this deal is would be greatly appreciated.

Thank you.

kyfdx

redwing05 said:

Hey All,

I received a quote on a 2016 Honda Civic EX-T Sedan in Northern New Jersey.

MSRP - $23,035
Selling Price - $21,357
MF - .0007
Residual - 61%

All Taxes and fees rolled into the payment. Only first months payment due at signing.
Bank Fee - $595
Doc - $399
DMV - $229.50
Tire Tax - $7.50

Quoted Monthly Payment = $290.00

I have two questions. Are these numbers accurate? and Do you think this is a good deal or can I do better? I ran the numbers myself and came up with $281.63

Thoughts?

Thanks in advance!

If it's 36/12, the money factor and residual are correct.
I get $262.77/mo.+tax. So, my number is pretty close to your calculation.

kyfdx

hcviana said:

I am being offered the following deal for a 2016 Civic LX w/Sensing in South Florida:

MSRP = $21,275
Net Cap Cost = $20,500
MF = .0007
36/12
Res = 59%
$500 down
Payment = $230/mo + 6% tax = $243/mo

Based on what I have read on this forum, it seems a bit high. Do prices vary that much by region?

Any opinion on how good or bad this deal is would be greatly appreciated.

Thank you.

If $20,500 is the NET CAP, I get $244/mo.+tax
If the $500 down reduces the CAP to $20,000, then I get $230/mo.+tax.

How much is due at signing?

hcviana

$500 due at signing, which basically covers new tag and other state fees.

hitonino

Could please inform me about the money factor and residual values of the following Civic for 12,000 miles / 36 months? I live in the area of Reno, Nevada. Will the money factor and residual value be different if I lease from a dealer in Sacramento, California?

2016 Civic LX CVT
2016 Civic LX CVT with sensing
2016 Civic EX with sensing 

One thing to mention, my credit score is about 730-750.

Thank you in advance for your help.
Best Regards

kyfdx

hcviana said:

$500 due at signing, which basically covers new tag and other state fees.

Payment is less than the calculations, in that case.

kyfdx

hitonino said:

Could please inform me about the money factor and residual values of the following Civic for 12,000 miles / 36 months? I live in the area of Reno, Nevada. Will the money factor and residual value be different if I lease from a dealer in Sacramento, California?

2016 Civic LX CVT
2016 Civic LX CVT with sensing
2016 Civic EX with sensing 

One thing to mention, my credit score is about 730-750.

Thank you in advance for your help.
Best Regards

.00070 MF and 61%/59%/59% residual.
$250 lease cash

acomp182

When do the November offers come out?

Michaell

acomp182 said:

When do the November offers come out?

11/1. We should have the numbers soon after.

hcviana

Just want to share the final numbers of the 36/12 lease on my new 2016 LX Sedan w/Sensing (MSRP $21,275) in South Florida:

Sale Price = $$18,313
Bank Fee = $595
Dealer Fee = $799
NET CAP COST = $19,707
MF = .0007
Residual 59% = $12,552
$500 down to pretty much cover first month + new tag + misc. state fees
35 Monthly Payments of $234.60 (including 6% sales tax)

Thanks for the info provided in this forum. It did help a lot.

Michaell

hcviana said:

Just want to share the final numbers of the 36/12 lease on my new 2016 LX Sedan w/Sensing (MSRP $21,275) in South Florida:

Sale Price = $$18,313
Bank Fee = $595
Dealer Fee = $799
NET CAP COST = $19,707
MF = .0007
Residual 59% = $12,552
$500 down to pretty much cover first month + new tag + misc. state fees
35 Monthly Payments of $234.60 (including 6% sales tax)

Thanks for the info provided in this forum. It did help a lot.

Congrats! Looks like a solid deal.

err0r404

I just wanted to confirm that the Money factor and Residual Value (12,000 miles per year / 36 month in Fort Lauderdale, FL) has not changed.

Sedan:
EX-T = .00070 MF / 61% RV

Coupe:
EX-T = .00070 MF / (??%) RV

Is Honda still offering  $250 lease cash?

mickq

Hi, can I get the November RV and MF for a 36/12K lease in MA for a 2016 Civic Touring? Thank you.

kyfdx

err0r404 said:

I just wanted to confirm that the Money factor and Residual Value (12,000 miles per year / 36 month in Fort Lauderdale, FL) has not changed.

Sedan:
EX-T = .00070 MF / 61% RV

Coupe:
EX-T = .00070 MF / (??%) RV

Is Honda still offering  $250 lease cash?

.00048 MF and 59%/57% residual for sedan/coupe
$500 lease cash

kyfdx

mickq said:

Hi, can I get the November RV and MF for a 36/12K lease in MA for a 2016 Civic Touring? Thank you.

.00048 MF and 54% residual.
$500 lease cash

acomp182

May I have the November RV and MF for 16 Civic EX? 36 Month, 10k a year in NY/NJ. Thanks.

Michaell

acomp182 said:

May I have the November RV and MF for 16 Civic EX? 36 Month, 10k a year in NY/NJ. Thanks.

.00048 and 60%, assuming sedan. $500 lease cash.

brucepsmith

Number please for 2016 Civic sedan EX-L in Minnesota 36/12K. Thanks!

Michaell

brucepsmith said:

Number please for 2016 Civic sedan EX-L in Minnesota 36/12K. Thanks!

.00048 and 57%

$500 lease cash.

err0r404

Wow, that money factor keeps going down (unfortunately so does the residual value..).

Michaell

err0r404 said:

Wow, that money factor keeps going down (unfortunately so does the residual value..).

They tend to move in the same direction.

nicks4

What is the MF & RV for a 2016 Civic LX Automatic for:
12 & 15K
36 Months
Virginia

Are there any incentives? Is there GAP Insurance included from Honda?

Thank you in advance

kyfdx

nicks4 said:

What is the MF & RV for a 2016 Civic LX Automatic for:
12 & 15K
36 Months
Virginia

Are there any incentives? Is there GAP Insurance included from Honda?

Thank you in advance

.00048 MF and 59%/57% residual
$500 lease cash
All Honda Finance leases include GAP.

nicks4

Are the numbers any different for the EX version?

kyfdx

nicks4 said:

Are the numbers any different for the EX version?

LX, EX and EX-T all have the same numbers

nicks4

Thank you

mitchc2

By chance, do you have the leasing numbers and incentives for 2016 Civic Touring and EX-L sedan for the Richmond Va area? 36 month / 12k miles. Thank you

kyfdx

mitchc2 said:

By chance, do you have the leasing numbers and incentives for 2016 Civic Touring and EX-L sedan for the Richmond Va area? 36 month / 12k miles. Thank you

.00048 MF and $500 lease cash
54%/57% residual for Touring/EXL

lenoidus

Hello, I'm looking for leasing numbers for 2016 Civic sedan EX-T with Sensing in SF bay area, CA.
I was quoted with 57% residual and 0.0018 mf. How's that looking?
Thank you!

kyfdx

lenoidus said:

Hello, I'm looking for leasing numbers for 2016 Civic sedan EX-T with Sensing in SF bay area, CA.
I was quoted with 57% residual and 0.0018 mf. How's that looking?
Thank you!

.00048 MF and 57% residual for 36/12.

lallala

Hi, I'm going to lease 2016 Civic sedan LX. I need the car on the middle of January.While it's holiday season, there are lots of special offers. What time do you think the best offer will come out? November, December or January?

Michaell

lallala said:

Hi, I'm going to lease 2016 Civic sedan LX. I need the car on the middle of January.While it's holiday season, there are lots of special offers. What time do you think the best offer will come out? November, December or January?

The current Honda programs run through 1/3/17. No prediction on whether the numbers will get better or worse, at that time.

Generally, the end of the calendar year is a good time to make a deal. But, given you want a 2016, I don't know how much inventory will be available at that time.

lallala

Thanks!

lallala

May I have the November RV and MF for 16 Civic LX w/sensing? 36 Month, 10k/12k a year in NY/NJ. Thanks! And happy Thanksgiving!

kyfdx

lallala said:

May I have the November RV and MF for 16 Civic LX w/sensing? 36 Month, 10k/12k a year in NY/NJ. Thanks! And happy Thanksgiving!

.00048 MF and 57% residual for 36/12. $500 lease cash.
If 10K/yr is available, add 1%