2019 Honda Civic Lease Deals and Prices

17810121350

Comments

  • SeraphicSeraphic Member Posts: 7
    edited February 2019
    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!
  • john33ajohn33a Member Posts: 4
    Hello, would like to lease (12K Miles/36 Months) either 2019 Honda Civic EX Sedan or 2019 Honda Insight EX. Zip code is 94121. What is a residual? What is realistic price to negotiate to? I would be happy with zero down (or no more than $500 down) and $200 a month.

    My current lease on 2016 Honda Civic Sedan 2.0L EX is up by the end of March, 2019.
  • jennyjenjennyjen Member Posts: 107
    Hi, looking for MF, residual, and incentives for a 2019 Civic LX Sedan 36m/15k. Zip is 08638.

    Thank you
  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    john33a said:

    Hello, would like to lease (12K Miles/36 Months) either 2019 Honda Civic EX Sedan or 2019 Honda Insight EX. Zip code is 94121. What is a residual? What is realistic price to negotiate to? I would be happy with zero down (or no more than $500 down) and $200 a month.

    My current lease on 2016 Honda Civic Sedan 2.0L EX is up by the end of March, 2019.

    Civic EX Sedan - .00159 and 61%
    $600 lease cash

    Insight lease thread is here:
    https://forums.edmunds.com/discussion/51630/honda/insight/2019-honda-insight-lease-deals-and-prices#latest

    Not sure you'll get to $200/mo.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    jennyjen said:

    Hi, looking for MF, residual, and incentives for a 2019 Civic LX Sedan 36m/15k. Zip is 08638.

    Thank you

    .00159 and 57%
    $1200 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • SeraphicSeraphic Member Posts: 7
    edited February 2019
    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • Samyslk230Samyslk230 Member Posts: 5
    Hello, 

    I have tier 1 credit and am looking to lease a 2019 Honda Civic Sport. Looking for 36months / 15,000 miles per year. What money factor and residual am I looking at with $1,000 down? My zip code is 90623 and my tax rate is 8.75%.

    What would be a competitive monthly payment? 

    Thanks. 
  • MichaellMichaell Moderator Posts: 264,965

    Hello, 

    I have tier 1 credit and am looking to lease a 2019 Honda Civic Sport. Looking for 36months / 15,000 miles per year. What money factor and residual am I looking at with $1,000 down? My zip code is 90623 and my tax rate is 8.75%.

    What would be a competitive monthly payment? 

    Thanks. 

    What body style?

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • Samyslk230Samyslk230 Member Posts: 5
    Sedan. 
  • kyfdxkyfdx Moderator Posts: 267,780

    Hello, 

    I have tier 1 credit and am looking to lease a 2019 Honda Civic Sport. Looking for 36months / 15,000 miles per year. What money factor and residual am I looking at with $1,000 down? My zip code is 90623 and my tax rate is 8.75%.

    What would be a competitive monthly payment? 

    Thanks. 

    Sedan. 

    .00159 MF and 59% residual
    $600 incentive

    We don't track pricing. Research it here:
    https://www.edmunds.com/tmv.html

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Samyslk230Samyslk230 Member Posts: 5
    Thanks. May I ask what the name of the incentive is or what it's regarding? This way I can point it out to the dealer? Is it a lease incentive (perhaps, loyalty in which case I'd have needed to be on Honda's books before) or a financing incentive?
  • SeraphicSeraphic Member Posts: 7
    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Hi again,

    Here you go:
    https://i.ibb.co/ZmxtGgd/Untitled.jpg

    I will try to confirm the cap/MF dealer is charging.
  • Z384ZZ384Z Member Posts: 1
    Looking to get numbers for a 2019 Civic EX Sedan. 12k/36 month in zip 44202. 

    Thanks in advance. 
  • brainbrain Member Posts: 8
    kyfdx said:

    brain said:

    looking for mf/residual for 2019 Honda Civic Hatchback Sport Touring & 2019 Civic Sedan EX. 36months, 12k miles, in 95824, Thank you

    .00159 MF
    EX sedan: 61% residual. $600 incentive
    Sp/Tour Hatch: 57% residual. $1300 incentive
    Thank you
  • SeraphicSeraphic Member Posts: 7
    edited February 2019
    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
  • MichaellMichaell Moderator Posts: 264,965

    Thanks. May I ask what the name of the incentive is or what it's regarding? This way I can point it out to the dealer? Is it a lease incentive (perhaps, loyalty in which case I'd have needed to be on Honda's books before) or a financing incentive?

    Total Cash of $600 includes:
    $600 Captive Lease Offer exp. 02/28/2019

    Dealer incentive, and will be part of any offer the dealer makes you.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    Z384Z said:

    Looking to get numbers for a 2019 Civic EX Sedan. 12k/36 month in zip 44202. 

    Thanks in advance. 

    .00159 and 61%
    $600 incentive

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • SeraphicSeraphic Member Posts: 7
    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
    Does that change the cap cost?

    You should get that clarified from the dealer, then we can calculate the new payment.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • SeraphicSeraphic Member Posts: 7
    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
    Does that change the cap cost?

    You should get that clarified from the dealer, then we can calculate the new payment.
    They said cap cost does not change depending on size of down payment.
  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
    Does that change the cap cost?

    You should get that clarified from the dealer, then we can calculate the new payment.
    They said cap cost does not change depending on size of down payment.
    That's interesting.

    What is the breakdown of how the $1200 is used, versus the $825.81?

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • SeraphicSeraphic Member Posts: 7
    edited February 2019
    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
    Does that change the cap cost?

    You should get that clarified from the dealer, then we can calculate the new payment.
    They said cap cost does not change depending on size of down payment.
    That's interesting.

    What is the breakdown of how the $1200 is used, versus the $825.81?
    36/12k with $1200 (1st mo. pay $270.89; DMV/Fees $437.45; Total Cap Red. 491.66)
    36/15k with $1200 (1st mo. pay $293.21; DMV/Fees $435.77; Total Cap Red. 471.02)
  • briantiburciobriantiburcio Member Posts: 13
    looking for MF and Rv on civic SI 48/12
    and civic hatchback sport manual trans 48/12
    any lease incentives
    zip 07095 nj
    please
  • kyfdxkyfdx Moderator Posts: 267,780

    looking for MF and Rv on civic SI 48/12
    and civic hatchback sport manual trans 48/12
    any lease incentives
    zip 07095 nj
    please

    No support for leases over 36 months

    36/12
    Sport hatch: .00159 MF and 61% residual
    $1300 incentive

    Coupe or Sedan on the SI?

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sardille1sardille1 Member Posts: 62
    Hi. I'm interested in knowing MF and residual 10k-12k for 2019 type R. And if there are any type of incentives at all. I was quoted. 00250 MF
  • kyfdxkyfdx Moderator Posts: 267,780

    Hi. I'm interested in knowing MF and residual 10k-12k for 2019 type R. And if there are any type of incentives at all. I was quoted. 00250 MF

    36/12
    .00240 MF and 63% residual
    No incentives
    10K/yr not offered

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • sardille1sardille1 Member Posts: 62
    kyfdx said:

    Hi. I'm interested in knowing MF and residual 10k-12k for 2019 type R. And if there are any type of incentives at all. I was quoted. 00250 MF

    36/12
    .00240 MF and 63% residual
    No incentives
    10K/yr not offered
    How about 39 months?
  • kyfdxkyfdx Moderator Posts: 267,780

    kyfdx said:

    Hi. I'm interested in knowing MF and residual 10k-12k for 2019 type R. And if there are any type of incentives at all. I was quoted. 00250 MF

    36/12
    .00240 MF and 63% residual
    No incentives
    10K/yr not offered
    How about 39 months?
    61% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • 6SPEED886SPEED88 Member Posts: 5
    Can I have the MF and RV  and Incentives on a Civic SI Sedan in zip code 33193 for March it would be a 36/12
  • MichaellMichaell Moderator Posts: 264,965

    kyfdx said:

    Hi. I'm interested in knowing MF and residual 10k-12k for 2019 type R. And if there are any type of incentives at all. I was quoted. 00250 MF

    36/12
    .00240 MF and 63% residual
    No incentives
    10K/yr not offered
    How about 39 months?
    61% residual

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Michaell said:

    Seraphic said:

    Hello,

    Looking for REAL MF, residual and incentives on 2019 Civic Si Sedan, 36/12000 in 12590.

    Because here are the numbers I was offered by dealership:
    2019 Civic Si Sedan
    MSRP 25,220
    Sale Price: 23,100
    Total after $600 Lease Cash: $22,500
    Down Payment: 1200
    Residual 63%: 15,888.60
    Sales Tax: 8.125%
    Term: 36/12
    Money Factor (did math myself as they did not tell): 0.002696 or 6.47%?!
    35X Payments: 270.89

    They ran my credit score and it came back as 711 which should be Tier 1, right? Is it just me, or are they are giving me a deal on front end and are trying to hammer me with incorrect MF for my credit tier on back end?

    What should my MF and monthly payment REALLY be here?

    Thanks!

    .00159 and 63%
    $600 lease cash

    Using the MSRP and net price after incentive, I get $264.57/mo with tax included.

    I suspect your math was incorrect in determining the MF.
    Hi Michaell,

    Hmmm, thats odd. In order to get to their $270.89 per month number, I had to enter my above information and 0.002695 or 6.469% = $270.90 - Thought that was right?
    https://www.nerdwallet.com/blog/loans/auto-loans/nerdwallet-lease-calculator/

    Beyond that though, why did they come up with $270.89 and you came up with $264.57?
    Can you post a screen shot of your calculations?

    Only two real variables in a lease - the MF, or the cap cost. And, Honda dealers don't really mark up the MF, so I'd confirm with the dealer the cap cost amount.
    Michaell Just an update
    Dealer told me Money factor is .00159. Cap cost is $22,500.

    I am also likely going to change my down payment to 825.81 and was told:
    3 year 12k with $825.81 is $282 month and 15k year is $297 month, does that sound about right?
    My payment still hasn't changed, as the cap cost is the same as in your original post - $264.57
    What about payments based on $825.81 rather then $1200?
    $282 month for 12k and 15k year is $297, are those correct?
    Does that change the cap cost?

    You should get that clarified from the dealer, then we can calculate the new payment.
    They said cap cost does not change depending on size of down payment.
    That's interesting.

    What is the breakdown of how the $1200 is used, versus the $825.81?
    36/12k with $1200 (1st mo. pay $270.89; DMV/Fees $437.45; Total Cap Red. 491.66)
    36/15k with $1200 (1st mo. pay $293.21; DMV/Fees $435.77; Total Cap Red. 471.02)
    So, if the selling price is the same at $22,500, the adjusted cap cost will be slightly different based on the Total Cap Reduction

    Ask them for the adjusted cap cost for each of their quotes.

    If I subtract $400+ from the $22,500, the payment will go down roughly $15/mo.

    It's possible the acquisition fee of $595 is not being accounted for - ask them about that, too.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • MichaellMichaell Moderator Posts: 264,965
    6SPEED88 said:

    Can I have the MF and RV  and Incentives on a Civic SI Sedan in zip code 33193 for March it would be a 36/12

    March numbers not available until Friday, at the earliest.

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • briantiburciobriantiburcio Member Posts: 13
    kyfdx said:

    looking for MF and Rv on civic SI 48/12
    and civic hatchback sport manual trans 48/12
    any lease incentives
    zip 07095 nj
    please

    No support for leases over 36 months

    36/12
    Sport hatch: .00159 MF and 61% residual
    $1300 incentive

    Coupe or Sedan on the SI?
    sedan si
  • kyfdxkyfdx Moderator Posts: 267,780

    kyfdx said:

    looking for MF and Rv on civic SI 48/12
    and civic hatchback sport manual trans 48/12
    any lease incentives
    zip 07095 nj
    please

    No support for leases over 36 months

    36/12
    Sport hatch: .00159 MF and 61% residual
    $1300 incentive

    Coupe or Sedan on the SI?
    sedan si
    .00159 MF and 63% residual
    $600 incentive

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • incognito64incognito64 Member Posts: 6
    Hey guys,
    Looking for MF, RV, and incentive in ZIP 23223 for a 3/36 lease on 2019 Civic Hatch EX and Sport Touring.
    Thank you!
  • MichaellMichaell Moderator Posts: 264,965

    Hey guys,
    Looking for MF, RV, and incentive in ZIP 23223 for a 3/36 lease on 2019 Civic Hatch EX and Sport Touring.
    Thank you!

    .00159 and 57% (Sport Touring) or 61% (EX)
    $1300 incentive

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • 6SPEED886SPEED88 Member Posts: 5
    Michaell said:

    6SPEED88 said:

    Can I have the MF and RV  and Incentives on a Civic SI Sedan in zip code 33193 for March it would be a 36/12

    March numbers not available until Friday, at the earliest.
    How about the rest of this week ?
  • MichaellMichaell Moderator Posts: 264,965
    6SPEED88 said:

    Michaell said:

    6SPEED88 said:

    Can I have the MF and RV  and Incentives on a Civic SI Sedan in zip code 33193 for March it would be a 36/12

    March numbers not available until Friday, at the earliest.
    How about the rest of this week ?
    .00159 and 63%
    $600 incentive

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • scooterscooter Member Posts: 7
    LC, RV, MF for Civic Sedan EX Auto for 93611.

    12/36
    15/36
  • MichaellMichaell Moderator Posts: 264,965
    scooter said:

    LC, RV, MF for Civic Sedan EX Auto for 93611.

    12/36
    15/36

    36/15
    .00159 and 59%
    $600 lease cash

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • Blaze503Blaze503 Member Posts: 3
    Can I get the RV/MF, incentives for 36/10k? Zip: 19067 Honda Civic LX Sedan. Thanks.
  • MichaellMichaell Moderator Posts: 264,965
    Blaze503 said:

    Can I get the RV/MF, incentives for 36/10k? Zip: 19067 Honda Civic LX Sedan. Thanks.

    Wait --- you are cross shopping an SRT against a Civic LX? How many people are you shopping for?

    36/12
    .00159 and 59%
    $1200 incentive

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • Murica19Murica19 Member Posts: 2
    Can i get RV/MF and anything else associated with lease for a Civic Type R in NJ. 12/36
  • MichaellMichaell Moderator Posts: 264,965
    Murica19 said:

    Can i get RV/MF and anything else associated with lease for a Civic Type R in NJ. 12/36

    .00240 and 65%
    No lease incentives

    Edmunds Price Checker
    Edmunds Lease Calculator
    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 / 2024 Kia Sportage Hybrid SX Prestige

  • scottsquaredscottsquared Member Posts: 14
    Could I get RV/MF and incentives for a LX 4dr in 33637.

    36/10 & 36/12
  • kyfdxkyfdx Moderator Posts: 267,780

    Could I get RV/MF and incentives for a LX 4dr in 33637.

    36/10 & 36/12

    36/12
    .00159 MF and 59% residual
    $1200 incentive

    10K/yr is not offered

    Edmunds Price Checker
    Edmunds Lease Calculator
    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • CalKCalK Member Posts: 6
    edited February 2019
    May I please have the RV and MF for a 2019 Honda Civic LX Sedan (CVT) at 36 months / 12k miles? 05401 zip code
Sign In or Register to comment.

Your Privacy

By accessing this website, you acknowledge that Edmunds and its third party business partners may use cookies, pixels, and similar technologies to collect information about you and your interactions with the website as described in our Privacy Statement, and you agree that your use of the website is subject to our Visitor Agreement.