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2013 and earlier-Honda Civic Lease Questions



  • 4dimad4dimad Posts: 13
    I just bought 2009 Honda Civic at the end of the lease. I am in MA. The dealer charged me sale tax, doc fee, new plate, title, registration, etc. Is it usual? I already paid all these fees when leased the car (i.e. I wanted to save the plates). Should I pay them again? Also, he said the price is not negotiable, I had to pay whatever I had on the paper. Lastly, after I signed all of the paperwork (financing, etc) the dealer didn't give me anything, put it away and said he "will contact me when he receive package from Honda". He also said that I must go with Honda financing and can't bring check from other bank because it's how
    Honda handles buyouts. I just want to make sure it's normal Thanks.
  • robtroxelrobtroxel Posts: 103
    You either pay in cash or go thru HFC. We get some of the double fees in Illinois though I told they do prorate the tax paid. I'd buy the 2009 because you probably have a good price, >>much less than the street pricing for these cars. This car is far better than the 2012 Civics they are trying to sell now.
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    You're welcome and thank you for noticing, sam_hikes. You're right, the June program is scheduled to run through July 9th. I expect Honda to publish its new July program some time on the 10th. Please feel free to check back with me then for an update.

    Prices Paid: Buying & Leasing Experiences Forum
  • samjsamj Posts: 22
    Just took home a 2012 Civic LX Auto lease @ 203+tax=220/month, 0 down, 0 1st payment (35 payments from lessee, term of lease 36 months). Acquisition fee rolled in to cap cost, so only drive off fees were DMV + doc fees - about $300. Basically the same terms of the Honda nationally sponsored deal of 0 down, 0 1st payment, $220/month + tax - except that I negotiated payment down to $203/month + tax. I think the money factor was either 0.00077 or 0.000670. I'll have to do some backward calculation.

    During research, I compared all of the various deals advertised and from neighbors & friends. I found that once you adjust for down payment, 0 1st payment, and acquisition fee (whether it's paid upfront or rolled in to lease cap cost), they're basically all same. So during negotiation, I tried very hard to negotiate sales price as close to invoice (including $500 holdback). I got to about $500 within dealer's cost. I wanted to try harder but ran out of time.
  • holynerholyner Posts: 6
    Outside Boston. Most dealers had the same promo but were tricky on fees, etc. I got 202/mo flat in RI
  • holynerholyner Posts: 6
    .00067 rate is Honda loyalty only.
  • sam_hikessam_hikes Posts: 4
    How does one go about getting the .00067 rate for Honda loyalty only? Is it available to qualified current AHC lease holders?
  • mjk16mjk16 Posts: 1
    We are considering purchasing a Honda Civic 2012 ex-l and went to a dealership and they told us that we are looking at $260 a month and $2000 down plus 1st months payment on a 39 month lease.
    I am sure if we are over paying or not can you please advise and what should be a good price to pay for this car.
  • aim718aim718 Posts: 4
    Car man,
    I don't know much about cars so Im trying to research as much as I can before going to a dealership and getting ripped off.
    What is a good car lease deal for a 2012 Honda civic LX and EX in miami, fl. I want a 36 mo lease with 0 down. What's the price difference between 12k and 15k?
  • buyingciviclxbuyingciviclx Posts: 3
    edited July 2012
    I got this deal from the Honda dealer for 2012 Civic Sedan Lx auto:

    MSRP: 19595
    Adjusted price: 16450(includes all tax and title)
    Monthly payment: 157/35month
    down payment: 2000(includes first payment)
    residual: 61% (11952.95)
    Included: Pro pack(cargo tray, mud guard), Nitrogen filled tire, pin strip, 2oil change, 2 tire rotation

    I don't know the money factor. Do you think its a good deal?
  • car_guy11car_guy11 Posts: 6
    Hi Car_Man and others,

    These forums helped me get a fantastic deal on a Sonata lease 18 months ago now I'm hoping you can help me again.

    My fiance's current lease is coming to an end; she has a 2009 Civic with 16,000 miles (not a typo).

    Based on her low mileage I'm wondering if I can use this is a negotiation tool. Though my initial thought is it's only beneficial if the trade in value is higher than the end of lease buy out.

    So here are my questions:

    1. What is Honda's current RV for a 2012 Civic EX based on 10K & 12K miles/year?
    2. What is the MF for a 2012 Civic EX?
    3. Are there any incentives for signing another lease with Honda?

    I greatly appreciate your advise and suggestions! Thank you!

    Jon - Columbus, OH
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Hey Jon. How are you enjoying your Sonata?

    That certainly is low mileage. You certainly can try to use that to your advantage in your negotiations.

    Honda Finance's July buy rate lease money factor and residual value for a 36-month lease of a 2012 Civic EX Sedan with 12,000 miles per year are .00077 and 61%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    I am not aware of any loyalty cash incentives on Hondas right now, but you definitely need to make sure to take advantage of the $500 dealer cash that is currently available on this model.

    Prices Paid: Buying & Leasing Experiences Forum
  • james324james324 Posts: 2
    edited August 2012
    It was agreed that all taxes and fees would be rolled into my month payment on the Civic EX I just got with a trade in.

    However, I just reviewed my lease agreement thoroughly and noticed that there is a section called "estimated fees and taxes during lease term": $2281.05

    It says that I agree to pay this whether it is included in my monthly payments, lease signing, or "otherwise assessed."

    I paid 0 down.

    The base lease payments line states "255.01" which is my agreed upon monthly payment
    monthly sales/use tax line states "N/A"
    sales/use tax states "N/A"

    At the Honda website ( this is what it states regarding this:

    Why did I receive a separate bill for taxes? Isn't this part of my monthly lease payment?
    To ensure you are billed accurately for your property taxes, we initially pay the tax bill on your behalf and then send you a bill in turn. For an estimate of these charges over the term of your lease, please refer to the "Estimated Fees and Taxes During Your Lease Term" section on the front of your lease agreement.

    So... does this mean that I was duped into having to pay 2281.05 on top of my monthly payments?
  • kyfdxkyfdx Posts: 66,831
    That line is a result of the Truth in Lending act..

    It isn't actually a bill.... it's just an estimate of all the taxes you'll pay over the life of the lease (sales tax, property tax, registration, etc..). It's on all vehicle lease contracts..

    Your sales taxes most likely are rolled into your lease... However, if your state levies property taxes, yearly registration fees, etc.. on vehicles, then that will be your responsibility...



    Prices Paid, Lease Questions, SUVs

  • ariknycariknyc Posts: 15
    in North Jersey, I negotiated this deal

    $173/month for 39 months
    0 down
    10K miles, .15 per mile over
    1190 for fees and first month

    I don't think it's a great deal.

    I walked out when they would not go lower. I told them that I want $160 per month, 36 months, 0 down, 12K miles per year, .10 per mile over, $1190 for fees and first month.

    Is this a good deal?
  • jetfanjetfan Posts: 55
    I am no pro at buying or leasing cars but I have a few comments regarding your deal. First off, I would never do a 39 month lease. Your warranty runs out after 36 months so you should insist on a 36 month deal. Second, find out what the Honda incentives & lease promotions are for August. Last month they has a $500 dealer cash incentive. Focus on the price you are paying for the car. The lower the price, the lower your payment. Look at the "prices paid" thread to get an idea what people in your area are paying.. Find our what your dealer's Document fee is. Alot of dealers will not budge on this so if they want $300-$400 dollars make sure you get a reduction in the selling price of the car to offset this charge. Stay away from window etch & other dealer added options. Consumer Reports just came out with an article listing the 2012 Civic as one of the worst cars to buy. Use that to your advantage to get your deal. Lastly, I would not pay that much "out the door". Your registration charges in NJ should be under $300. I would pay that along with first month only so insist on $500 out the door including first month payment.
  • ariknycariknyc Posts: 15
    Ok so here is the deal that I got. $1000 down including fees, taxes, first month etc. $175/month, .00067 money factor, Honda Lease, 12K/year $.15 per mile over. Got this from Mahwah Honda in north Jersey. I think I could have lowered them to $170 per month but saving about $180 was not worth the additional time.
  • miapoppymiapoppy Posts: 15
    Feel proud, you did very well. You sure put me to shame on my civic lease. Good luck to you!
  • I found this forum REALLY helpful in my search so I thought I'd post my experience!

    2 Weeks, 4 dealerships - black Civic Sedan LX

    Final Deal - Payment is $207 + tax. 0 down, 0 first months payment. 36k/3 year lease. Included maintenance package that covers all oil changes/service to 30k. Pinstripe, scotch guarded seats (not requested, but all of their cars had it).

    The sticking point was my trade in (upside down). I got the first dealer to offer me 300 less than payoff while everyone else offered 2-3k less than payoff. The first dealer was really rude and I REALLY didn't want to get the car from them, so I showed the last dealer the lease contract from the first and told them if they could beat it by $1 I would buy the car from them. It worked!

    I feel like I got a good deal considering my trade in. (I hope I did! Easier to sleep at night!).

    Also, their finance manager told me that putting zero down gives you a money factor of .00067 while putting some money down gives you .00077. I'm not sure if that is accurate for every dealer, but it might be worth asking about!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,515
    Congratulations on getting your new Civic, sray12345. Thanks for taking the time to share the details with everyone. Enjoy your new ride!

    Prices Paid: Buying & Leasing Experiences Forum
  • skiski0702skiski0702 Posts: 1
    edited August 2012
    Here's the deal I got for my 2012 Honda Civic LX (no options added)
    $220/month (tax&fee included)
    $0 down
    first month free except dmv & state tax (that adds up to $230 approx)
    Free Gap In
    $1500 damage waiver by the time I return my car
    No turn in fee
    Free NYS Inspection

    seems like 2013 civic will be released anytime soon in the next few weeks but I did not want to risk my chances even if they offer better or worse deal.

    $220 is a fixed cost from Honda not the dealership.

    Hope I had a good deal ;]
  • hi car_man!

    can you give me lease residuals and MF for a LX sedan (auto) 15k/36months? thanks!
  • You're in luck, jonathannyc, Honda just made an unscheduled improvement to its lease program for the Civic in October. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Prices Paid: Buying & Leasing Experiences Forum
  • jett456jett456 Posts: 41
    I got a quote on an EXL which I think might be an ok deal. Dealer 1 is $299.00, 0 out of pocket except for first month and they will absorb my final 3 lease payments. Price of car is 21500.
    Dealer 2 - $278 payment, price of car is 20,579 and zero at signing. But this does not include my current car lease. I am waiting on an email. What do you think? What is the current money factor for this car. Is it the same as the EXL Nav? Thank you.
  • marpermarper Posts: 1
    They are both really close. The final 3 lease payments are around $1000 probably which represents around $30 a month in payments.

    On a side note everyone cracks me up wondering if there getting a good deal seeing as you can look the invoice up on edmunds you can see that there is about $200 of mark up in a base model civic and about $1000 in mark up on a loaded up one. Of course the dealer gets hold back which is around %1.5 of MSRP. There is not much markup in new cars if the dealer gives any discount you got a pretty good deal.
  • jett456jett456 Posts: 41
    Thanks for your help. I am going to wait until my lease is up.
  • Car man,
    Thanks for posting the October numbers: 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%

    I'm not sure how this translates to a monthly payment, preferably with zero down? Top credit tier. Thank you for your help!
  • I'm looking for what I should pay monthly for a lease for the car listed below before I go to the dealers. I'd prefer to put zero down, have top tier credit. Thank you to Car man for listing the October numbers: 36-month lease of a 2012 Civic Sedan LX with 15,000 miles per year are .00046 and 58%

    Thank you for your help!
  • You're welcome mackenzie3. I'd be happy to work up a payment on this car for you.

    According to my calculations, if you were to lease a 2012 Civic Sedan LX that has an MSRP of $19,595 and a selling price of $18,275 ($500 over invoice after deducting the $500 dealer cash) through Honda Finance right now for 36-months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $206.

    Prices Paid: Buying & Leasing Experiences Forum
  • Hi marbetd77. Please see my previous post for a sample lease payment on this car. Thanks and good luck in your negotiations. Make sure to stop back and let us all know how everything turns out.

    Prices Paid: Buying & Leasing Experiences Forum
This discussion has been closed.