2016 Honda Civic Lease Questions

kyfdxkyfdx Moderator Posts: 194,381
edited December 2015 in Honda
Ask your 2016 Civic lease questions here!

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  • lendylendy Member Posts: 24
    Can I get the MF and Residual on 2016 Civic Sedan Ex-L with Navi?
  • MichaellMichaell ColoradoModerator Posts: 190,127
    lendy said:

    Can I get the MF and Residual on 2016 Civic Sedan Ex-L with Navi?

    What lease term and how many miles per year?

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  • lendylendy Member Posts: 24
    Michaell said:

    lendy said:

    Can I get the MF and Residual on 2016 Civic Sedan Ex-L with Navi?

    What lease term and how many miles per year?
    Sorry, 36 or 39 months, 12k
  • MichaellMichaell ColoradoModerator Posts: 190,127
    lendy said:

    Michaell said:

    lendy said:

    Can I get the MF and Residual on 2016 Civic Sedan Ex-L with Navi?

    What lease term and how many miles per year?
    Sorry, 36 or 39 months, 12k
    62% and .00175 for both terms.

    Numbers set to expire today, 1/4/16.

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  • staged84staged84 Member Posts: 7
    hi Michaell,

    do you have MF for civic touring?
    36month 12k

    thanks!
  • kyfdxkyfdx Moderator Posts: 194,381
    staged84 said:

    hi Michaell,

    do you have MF for civic touring?
    36month 12k

    thanks!

    .00083 MF and 59% residual for 39mo, 12K/yr

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  • MichaellMichaell ColoradoModerator Posts: 190,127
    staged84 said:

    hi Michaell,

    do you have MF for civic touring?
    36month 12k

    thanks!

    59% and .00175 for 36/12

    59% and .00083 for 39/12, however

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  • ldee2016ldee2016 Member Posts: 4
    I'm finding the monthly payments quoted on these forums lower than I see from local dealers. I posted a question on the Mazda 6 forum, and we are looking at the 2016 Civic too.Here is what we were quoted January 9 at a local dealer:
    2016Civic EX-L lease in Connecticut, 39 mos 12k/yr,
    MSRP $24,535
    Selling price $23,200
    Dealer fee $334
    Residual 15,211 (?65.6%,seems like a great number)
    $2000 down
    Tax, title, reg extra (6.35% Sales Tax,; plates $185)
    Money Factor is .00083
    Monthly payment quoted is $266 with excellent credit

    Seems pretty high compared to many comments I see on the forums. I figure I must be missing something.
    Let me know your thoughts?
    Thanks, LDee
  • kyfdxkyfdx Moderator Posts: 194,381
    ldee2016 said:

    I'm finding the monthly payments quoted on these forums lower than I see from local dealers. I posted a question on the Mazda 6 forum, and we are looking at the 2016 Civic too.Here is what we were quoted January 9 at a local dealer:
    2016Civic EX-L lease in Connecticut, 39 mos 12k/yr,
    MSRP $24,535
    Selling price $23,200
    Dealer fee $334
    Residual 15,211 (?65.6%,seems like a great number)
    $2000 down
    Tax, title, reg extra (6.35% Sales Tax,; plates $185)
    Money Factor is .00083
    Monthly payment quoted is $266 with excellent credit

    Seems pretty high compared to many comments I see on the forums. I figure I must be missing something.
    Let me know your thoughts?
    Thanks, LDee

    .00083 MF and 62% residual (residual is a percentage of MSRP).

    With $2000 upfront, your payment looks a little high. Instead of giving them a round number upfront, tell them you want an accounting of all fees and extras. Other than the $595 acquisition fee, you might find some things in there that you didn't know you were paying for.

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  • juanbotanasjuanbotanas Member Posts: 9
    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!
  • welshcorgiwelshcorgi Member Posts: 2
    Can I get residual and MF for 2016 Civic LX? 24 months 10k
  • kyfdxkyfdx Moderator Posts: 194,381

    Can I get residual and MF for 2016 Civic LX? 24 months 10k

    .00083 MF and 70% residual for 24mo, 12K/yr

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  • kyfdxkyfdx Moderator Posts: 194,381

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual

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  • ldee2016ldee2016 Member Posts: 4
    kyfdx said:

    ldee2016 said:

    I'm finding the monthly payments quoted on these forums lower than I see from local dealers. I posted a question on the Mazda 6 forum, and we are looking at the 2016 Civic too.Here is what we were quoted January 9 at a local dealer:
    2016Civic EX-L lease in Connecticut, 39 mos 12k/yr,
    MSRP $24,535
    Selling price $23,200
    Dealer fee $334
    Residual 15,211 (?65.6%,seems like a great number)
    $2000 down
    Tax, title, reg extra (6.35% Sales Tax,; plates $185)
    Money Factor is .00083
    Monthly payment quoted is $266 with excellent credit

    Seems pretty high compared to many comments I see on the forums. I figure I must be missing something.
    Let me know your thoughts?
    Thanks, LDee

    .00083 MF and 62% residual (residual is a percentage of MSRP).

    With $2000 upfront, your payment looks a little high. Instead of giving them a round number upfront, tell them you want an accounting of all fees and extras. Other than the $595 acquisition fee, you might find some things in there that you didn't know you were paying for.
    Thank you for your response. After going back to the dealer, we have added lighting options, raising the MSRP to $25, 245. (+$710). All other elements stay the same. New payment is $247.

    This sounds a lot closer to other deals I see, what do you think? LD
  • juanbotanasjuanbotanas Member Posts: 9
    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
  • kyfdxkyfdx Moderator Posts: 194,381

    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
    Can't calculate it without an MSRP and selling price

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  • juanbotanasjuanbotanas Member Posts: 9
    kyfdx said:

    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
    Can't calculate it without an MSRP and selling price
    Selling price/MSRP $19,320.
    $2k total drive off fees...includes 1st month payment, title, acq fee.
    $243/month, tax included

    Trying to see if my calculations are correct.
  • MichaellMichaell ColoradoModerator Posts: 190,127

    kyfdx said:

    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
    Can't calculate it without an MSRP and selling price
    Selling price/MSRP $19,320.
    $2k total drive off fees...includes 1st month payment, title, acq fee.
    $243/month, tax included

    Trying to see if my calculations are correct.
    I get $240/mo + tax, so your number looks low. You sure the cap cost is the same as the MSRP?

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  • juanbotanasjuanbotanas Member Posts: 9
    Michaell said:

    kyfdx said:

    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
    Can't calculate it without an MSRP and selling price
    Selling price/MSRP $19,320.
    $2k total drive off fees...includes 1st month payment, title, acq fee.
    $243/month, tax included

    Trying to see if my calculations are correct.
    I get $240/mo + tax, so your number looks low. You sure the cap cost is the same as the MSRP?
    Here is info I got from dealer:

    16 Fit EX price: $19335. Lease payments INCLUDING taxes and ALL fees: $248.71/mo ($230.29+$18.42 tax based on Chula Vista Zip) with $2000 out of pocket.

    16 Fit LX price: $17425. Lease payments INCLUDING taxes and ALL fees: $220.65/mo ($204.31+$16.34 tax based on Chula Vista Zip) with $2000 out of pocket.

    *All required fees are included and calculated into the lease payment.
  • MichaellMichaell ColoradoModerator Posts: 190,127

    Michaell said:

    kyfdx said:

    kyfdx said:

    Could I get the MF and Residual on a 2016 Honda Fit EX? 36 months/12k miles. I'm in Los Angeles, CA. Thanks!

    .00165 MF and 65% residual
    With $1k down, payments looking at $243 based off MSRP.
    This sounds about right?
    Can't calculate it without an MSRP and selling price
    Selling price/MSRP $19,320.
    $2k total drive off fees...includes 1st month payment, title, acq fee.
    $243/month, tax included

    Trying to see if my calculations are correct.
    I get $240/mo + tax, so your number looks low. You sure the cap cost is the same as the MSRP?
    Here is info I got from dealer:

    16 Fit EX price: $19335. Lease payments INCLUDING taxes and ALL fees: $248.71/mo ($230.29+$18.42 tax based on Chula Vista Zip) with $2000 out of pocket.

    16 Fit LX price: $17425. Lease payments INCLUDING taxes and ALL fees: $220.65/mo ($204.31+$16.34 tax based on Chula Vista Zip) with $2000 out of pocket.

    *All required fees are included and calculated into the lease payment.
    Sorry, we are in the Civic lease discussion ... I was using the Civic lease numbers in my calculations.

    What is the MSRP of the LX?

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  • MichaellMichaell ColoradoModerator Posts: 190,127
    I just created a 2016 Fit lease discussion .. we should move our thread there:

    http://forums.edmunds.com/discussion/39042/honda/fit/2016-honda-fit-lease-questions?new=1

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  • lwood87lwood87 Member Posts: 20
    Can you please share MF and residual on a 2016 Civic Touring 15k/39? Thank you! 
  • MichaellMichaell ColoradoModerator Posts: 190,127
    lwood87 said:

    Can you please share MF and residual on a 2016 Civic Touring 15k/39? Thank you! 

    .00083 and 57%

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  • mfamily1mfamily1 Member Posts: 1
    Can I get the money factor and residual for 2016 Honda Civic EX with Sensing for 36 month and 39 month lease. Thanks
  • MichaellMichaell ColoradoModerator Posts: 190,127
    mfamily1 said:

    Can I get the money factor and residual for 2016 Honda Civic EX with Sensing for 36 month and 39 month lease. Thanks

    60% for both 36/15 and 39/15 lease terms.

    .00083 MF

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  • stevekay1stevekay1 Member Posts: 1
    can i get the money factor and residual for a 2016 EX 39/15. thanks
  • kyfdxkyfdx Moderator Posts: 194,381
    stevekay1 said:

    can i get the money factor and residual for a 2016 EX 39/15. thanks

    .00083 MF and 62% residual

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  • j_qwestj_qwest Member Posts: 1
    Please provide me with the MF and RV for a 2016 LX 39/12. Thank you in advance.
  • MichaellMichaell ColoradoModerator Posts: 190,127
    j_qwest said:

    Please provide me with the MF and RV for a 2016 LX 39/12. Thank you in advance.

    .00083 and 64%

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  • hshadidhshadid Member Posts: 10
    Any chance you might have the current May MF and RV for a 2016 Civic LX ? Thank You!
  • MichaellMichaell ColoradoModerator Posts: 190,127
    hshadid said:

    Any chance you might have the current May MF and RV for a 2016 Civic LX ? Thank You!

    .00083 MF.

    What lease term and how many miles per year are you looking for?

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  • jodarojodaro Member Posts: 9
    Hiya,

    Looking for current MF and Residual for a Civic Touring, Sedan, 36/12, NorCal.

    Thanks!
  • MichaellMichaell ColoradoModerator Posts: 190,127
    jodaro said:

    Hiya,

    Looking for current MF and Residual for a Civic Touring, Sedan, 36/12, NorCal.

    Thanks!

    58% and .00083

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