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2016 Honda Fit Lease Questions

MichaellMichaell ColoradoPosts: 121,519
edited January 2016 in Honda
Ask your Fit lease questions, here!

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MODERATOR

2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

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Comments

  • Need Residual and MF for 2016 Honda Fit LX and EX. 36 months/12k miles. Los Angeles, CA.
  • kyfdxkyfdx Everywhere, USAPosts: 127,984

    Need Residual and MF for 2016 Honda Fit LX and EX. 36 months/12k miles. Los Angeles, CA.

    .00165 MF and 65% for either model.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Hello...Will you please post the RV and best available MF (assuming no markup) for the following?

    2016 Honda Fit LX CVT
    24 months / 10K mi (if 10K not offered, then 12K mi)
    Northern Virginia/Alexandria, VA/Fairfax County, VA

    Thank you!
    NS
  • MichaellMichaell ColoradoPosts: 121,519
    nsnsnsns said:

    Hello...Will you please post the RV and best available MF (assuming no markup) for the following?

    2016 Honda Fit LX CVT
    24 months / 10K mi (if 10K not offered, then 12K mi)
    Northern Virginia/Alexandria, VA/Fairfax County, VA

    Thank you!
    NS

    24/12 - 71% and .00165. No 10K leases from Honda.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • Many thanks!
  • lukeryanlukeryan Posts: 23
    Can I please have the MF and RV for EX 24 months and 36 months. Thanks!
  • kyfdxkyfdx Everywhere, USAPosts: 127,984
    lukeryan said:

    Can I please have the MF and RV for EX 24 months and 36 months. Thanks!

    .00165 MF and 69%/62% residual for 15K/yr

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Could I please get the MF, RV, and any incentives (doubt there are any) for both an LX & EX for 36/12 in Kansas zip 66502? Thanks!
  • MichaellMichaell ColoradoPosts: 121,519

    Could I please get the MF, RV, and any incentives (doubt there are any) for both an LX & EX for 36/12 in Kansas zip 66502? Thanks!

    .00165 and 64% for both trims.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • seek_leaseseek_lease Posts: 22
    Could I get the current month's numbers for both LX and EX for 36/12k for Kansas? Thanks!
  • MichaellMichaell ColoradoPosts: 121,519

    Could I get the current month's numbers for both LX and EX for 36/12k for Kansas? Thanks!

    .00165 and 64% for both trims.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • seek_leaseseek_lease Posts: 22
    Michaell said:

    Could I get the current month's numbers for both LX and EX for 36/12k for Kansas? Thanks!

    .00165 and 64% for both trims.
    Huh, no difference from last month, I guess. Thanks!
  • keyjeykeyjey Posts: 47
    Looking to lease either Mazda3 hatchback or fit. Would appreciate if I can get some numbers for Fit EX or EX-L in Northern california. 12k miles, 2 or 3 yr lease
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Looking to lease either Mazda3 hatchback or fit. Would appreciate if I can get some numbers for Fit EX or EX-L in Northern california. 12k miles, 2 or 3 yr lease

    62% or 56% and .00165 for both trims.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    got following number from the dealer. How does it sound?

    EX-L with navi
    msrp - $22000
    selling price - $21991
    adjust cap - $21991
    residual - 62%
    MF - 0.00075
    Drive off - 700
    monthly payment - 275 (including tax)
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    got following number from the dealer. How does it sound?

    EX-L with navi
    msrp - $22000
    selling price - $21991
    adjust cap - $21991
    residual - 62%
    MF - 0.00075
    Drive off - 700
    monthly payment - 275 (including tax)

    My apologies; the MF for the Fit is indeed .00075 this month.

    Using the prices provided, I get a payment of $259/mo plus tax, so $275 is about right.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    Michaell said:

    keyjey said:

    got following number from the dealer. How does it sound?

    EX-L with navi
    msrp - $22000
    selling price - $21991
    adjust cap - $21991
    residual - 62%
    MF - 0.00075
    Drive off - 700
    monthly payment - 275 (including tax)

    My apologies; the MF for the Fit is indeed .00075 this month.

    Using the prices provided, I get a payment of $259/mo plus tax, so $275 is about right.
    Thanks. Looks like I will need to adjust the config. I am trying get something on the very nominal price as this will be our second car for my wife to commute. Is it too ambitious if I target $150 monthly with a 1k down? Are there any small cars out there with similar prices?
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Michaell said:

    keyjey said:

    got following number from the dealer. How does it sound?

    EX-L with navi
    msrp - $22000
    selling price - $21991
    adjust cap - $21991
    residual - 62%
    MF - 0.00075
    Drive off - 700
    monthly payment - 275 (including tax)

    My apologies; the MF for the Fit is indeed .00075 this month.

    Using the prices provided, I get a payment of $259/mo plus tax, so $275 is about right.
    Thanks. Looks like I will need to adjust the config. I am trying get something on the very nominal price as this will be our second car for my wife to commute. Is it too ambitious if I target $150 monthly with a 1k down? Are there any small cars out there with similar prices?
    At that price range, you may want to consider the 2017 Hyundai Elantra SE or 2016 Civic LX.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    Thanks. Will Elantra GT also come in that price range?
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Thanks. Will Elantra GT also come in that price range?

    Maybe. Though, be advised that the base 2016 E-GT is decontented.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    Any lease numbers for this month? EX auto, 12k, 36 month in Norcal
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Any lease numbers for this month? EX auto, 12k, 36 month in Norcal

    .00075 and 64%

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    edited June 2016
    Hi Michaell, 2 dealers gave me a quote of $199(including tax) on EX model, $1k drive off, 3 yrs? 12k miles. How does this sound?
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Hi Michaell, 2 dealers gave me a quote of $199(including tax) on EX model, $1k drive off, 3 yrs? 12k miles. How does this sound?

    Hard to say ... what is the MSRP and the selling price?

    What does the $1K drive off cover?

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    Here is what I got. Trying to get exact numbers


    fit.PNG 38.8K
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Here is what I got. Trying to get exact numbers


    You gotta love AutoNation. They love to confuse the customers with stuff like this.

    First, the sales tax number isn't applicable for a lease - the sales tax is collected on the monthly payment.

    Next, no mention of the $595 bank fee for leases.

    What you want is the adjusted cap cost and what the "cash due" amounts actually cover.

    Then, we can plug in the numbers and get an accurate payment.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • keyjeykeyjey Posts: 47
    Still waiting on details from the manager. Btw is there special program from Honda that gives 0.00065 if you put 400 down?
  • keyjeykeyjey Posts: 47
    Just got the details from other dealer. Here is breakdown
  • MichaellMichaell ColoradoPosts: 121,519
    keyjey said:

    Just got the details from other dealer. Here is breakdown

    I get the same payment .. if you are comfortable with the discount from sticker (MSRP = $19,435, selling price $17,999), then there isn't much else to do.

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


    MODERATOR

    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • rcld3rcld3 Posts: 39
    looking for 36mo/36K mile lease a 2016 Honda Fit in KY. Unsure about EX (MSRP 19430) or LX (MSRP 17525) models for now but just doing my research. I'd like the lease payment under $180 but w 0 due at signing so prob LX. Looks like I need to start w negotiating a sales price and get the MF and RV on both models. What do you need from me to get the MF and RV's? Any advice on how to determine a good sales price? Local Dealer currently advertising on website a deal on LX CVT w 1999 due at signing and 139/mo. so I'm hoping I can get a 0 due at signing deal.
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