Hi, can I please have the MF, Residual and incentives on a 36/12 lease for a 2021 Civic Sport in 10004? Does student stack with dealer cash? If dealer cash is $900, I'm trying to verify if I qualify for $1400 in incentives. Thank you!
Hi, can I please have the MF, Residual and incentives on a 36/12 lease for a 2021 Civic Sport in 10004? Does student stack with dealer cash? If dealer cash is $900, I'm trying to verify if I qualify for $1400 in incentives. Thank you!
It looks like the residual for the 2022 Touring is about 10% less than the residual for the 2022 Sport. It seems like a penalty to pay more for the additional features offered on the Touring and on top of that get a much lower residual value than an EX or Sport model.
Would you consider a lease for a Touring still a "good" lease option given the fact that the residual for the Touring is lower than the other Civic trims?
Can you please tell me what the acquisition fee is for a 2021 Civic? Is the acquisition fee for the 2022 Civic the same as the acquisition fee for the 2021 Civic?
Is the acquisition fee taxable if it is paid upfront as opposed to rolling it into the monthly payment?
Can you please tell me what the acquisition fee is for a 2021 Civic? Is the acquisition fee for the 2022 Civic the same as the acquisition fee for the 2021 Civic?
Is the acquisition fee taxable if it is paid upfront as opposed to rolling it into the monthly payment?
All Honda acquisition fees are $595. Yes, the fee is taxable, if you pay it upfront.
It looks like the residual for the 2022 Touring is about 10% less than the residual for the 2022 Sport. It seems like a penalty to pay more for the additional features offered on the Touring and on top of that get a much lower residual value than an EX or Sport model.
Would you consider a lease for a Touring still a "good" lease option given the fact that the residual for the Touring is lower than the other Civic trims?
I don't know the numbers for the 2022 model. I highly doubt the residuals are 10% apart.
Thank you for following up with me. I was basing the 10% difference in residual value between the 2022 Civic Sport and Touring on this article from June 17th.
Thank you for following up with me. I was basing the 10% difference in residual value between the 2022 Civic Sport and Touring on this article from June 17th.
I think you are mixing up the lease term.. The 75% on the Sport is for 24 months, while the 65% for the Touring is for 36 months (according to the article)
Thank you for the correction. It appears that I was off by about 5%. Sorry for any confusion this may have caused. While the difference in residual value between the Sport trim and the Touring trim is closer to 5% (not 10% as I previously and incorrectly stated), I still find it hard to believe that the residual value for the Touring trim is so much lower than the residual value for the Sport trim. It appears the Sport trim is wildly more popular than the Touring trim since the residual for the Touring trim is so much lower than the residual for the Sport trim.
Is it the case for most vehicle models that the higher end trims have a lower residual value than some of the mid-tier trims?
Thank you for the correction. It appears that I was off by about 5%. Sorry for any confusion this may have caused. While the difference in residual value between the Sport trim and the Touring trim is closer to 5% (not 10% as I previously and incorrectly stated), I still find it hard to believe that the residual value for the Touring trim is so much lower than the residual value for the Sport trim. It appears the Sport trim is wildly more popular than the Touring trim since the residual for the Touring trim is so much lower than the residual for the Sport trim.
Is it the case for most vehicle models that the higher end trims have a lower residual value than some of the mid-tier trims?
No, not a lower Residual Value
The actual Residual Value isn't necessarily lower. Residual is calculated as a percentage of MSRP.
Example (not the actual numbers)
Sport: 69% of $24,000 MSRP = $16560 residual value Touring: 65% of $30,000 MSRP = $19,500 residual value
Thank you for clarifying. I understand that the residual value for the Touring is higher than the residual value for the Sport. I meant to say lower residual value as a percentage of MSRP (e.g., the Touring residual value percentage is 65% and the Sport residual value percentage is 69%).
I meant to ask if it is the case for most vehicle models that the higher-end trims have a lower residual value as a percentage of MSRP than some of the mid-tier trims.
I realize this forum is for the 2021 Civic, but since only a few people have posted in the 2022 Civic forum, I thought I would post this 2022 Civic information here in the 2021 Civic forum.
These are the responses I received from 2 Southern California dealers that I reached out to for a 2022 Honda Civic Touring lease:
Sell Price $32,694.00 $3000 down / 36 months / $483 a month for 12k miles per year MF - .00150 Res. – 64%
Money Factory is 0.00150 Residual is 64% = $19001.60 for 36 months based on 12K miles a year. Payments are $537.98 For 24 months Residual is 65% =$19298.50 based on 12K miles a year . Payments of $761.98
I didn't bother to negotiate with either dealership since these monthly payments are way more than I would pay for a Civic.
I realize this forum is for the 2021 Civic, but since only a few people have posted in the 2022 Civic forum, I thought I would post this 2022 Civic information here in the 2021 Civic forum.
These are the responses I received from 2 Southern California dealers that I reached out to for a 2022 Honda Civic Touring lease:
Sell Price $32,694.00 $3000 down / 36 months / $483 a month for 12k miles per year MF - .00150 Res. – 64%
Money Factory is 0.00150 Residual is 64% = $19001.60 for 36 months based on 12K miles a year. Payments are $537.98 For 24 months Residual is 65% =$19298.50 based on 12K miles a year . Payments of $761.98
I didn't bother to negotiate with either dealership since these monthly payments are way more than I would pay for a Civic.
For that money you can get a decent SUV, wow that is insane.
Thank you for clarifying. I understand that the residual value for the Touring is higher than the residual value for the Sport. I meant to say lower residual value as a percentage of MSRP (e.g., the Touring residual value percentage is 65% and the Sport residual value percentage is 69%).
I meant to ask if it is the case for most vehicle models that the higher-end trims have a lower residual value as a percentage of MSRP than some of the mid-tier trims.
Can you please tell me how much the destination is charge for the 2021/2022 Civic and if the destination charge is included in the MSRP or if it is in addition to the MSRP?
Can you please tell me how much the destination is charge for the 2021/2022 Civic and if the destination charge is included in the MSRP or if it is in addition to the MSRP?
Good evening, can you please share with me the MF, residual, and incentives on a Hatchback in the Sport, EX, and Sport Touring trims for 36/15k I’m 70808? Thank you.
Good evening, can you please share with me the MF, residual, and incentives on a Hatchback in the Sport, EX, and Sport Touring trims for 36/15k I’m 70808? Thank you.
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$900 incentive
The $900 is Honda to dealer, so you don't have to worry about it stacking.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
62% / 63% for EX / Sport
$650 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$900 incentive
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63%/64% residual for EX/Sport
$400 incentive
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$900 incentive
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ZIP: 98105
36/12
Looking for MF, RV, any incentives or rebates, thanks!
I am a recent grad
$650 incentive
$500 grad
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Can I please get the MF, RV and incentives for a Civic Sport Hatchback and sedan 36 months, 12k per year for 02052?
Thanks!
Thanks.
Hatch - 63% and $400 dealer cash
Sedan - 62% and $900
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$900 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$900 incentive
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Would you consider a lease for a Touring still a "good" lease option given the fact that the residual for the Touring is lower than the other Civic trims?
Is the acquisition fee taxable if it is paid upfront as opposed to rolling it into the monthly payment?
Yes, the fee is taxable, if you pay it upfront.
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May I please have MF, residual and incentives on a 2021 Sport Hatchback CVT 3 year 10k lease in 68135? Thank you!
$400 dealer cash
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Thank you for following up with me. I was basing the 10% difference in residual value between the 2022 Civic Sport and Touring on this article from June 17th.
https://www.carsdirect.com/deals-articles/2022-honda-civic-debuts-with-199-mo-lease-deal
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36/10 and 36/12
for the 2021 Civic Sedan EX?
Zip is 10709. Thank you!
.00079 MF and 61% RV
$900 dealer cash
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Thank you for the correction. It appears that I was off by about 5%. Sorry for any confusion this may have caused. While the difference in residual value between the Sport trim and the Touring trim is closer to 5% (not 10% as I previously and incorrectly stated), I still find it hard to believe that the residual value for the Touring trim is so much lower than the residual value for the Sport trim. It appears the Sport trim is wildly more popular than the Touring trim since the residual for the Touring trim is so much lower than the residual for the Sport trim.
Is it the case for most vehicle models that the higher end trims have a lower residual value than some of the mid-tier trims?
The actual Residual Value isn't necessarily lower. Residual is calculated as a percentage of MSRP.
Example (not the actual numbers)
Sport: 69% of $24,000 MSRP = $16560 residual value
Touring: 65% of $30,000 MSRP = $19,500 residual value
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$650 incentive
61%/62% residual for LX/EX
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Thank you for clarifying. I understand that the residual value for the Touring is higher than the residual value for the Sport. I meant to say lower residual value as a percentage of MSRP (e.g., the Touring residual value percentage is 65% and the Sport residual value percentage is 69%).
I meant to ask if it is the case for most vehicle models that the higher-end trims have a lower residual value as a percentage of MSRP than some of the mid-tier trims.
These are the responses I received from 2 Southern California dealers that I reached out to for a 2022 Honda Civic Touring lease:
Sell Price $32,694.00
$3000 down / 36 months / $483 a month for 12k miles per year
MF - .00150
Res. – 64%
Money Factory is 0.00150 Residual is 64% = $19001.60 for 36 months based on 12K miles a year. Payments are $537.98
For 24 months Residual is 65% =$19298.50 based on 12K miles a year . Payments of $761.98
I didn't bother to negotiate with either dealership since these monthly payments are way more than I would pay for a Civic.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
How much does RV value generally change going from 10k to 12k on vehicles?
Hatch - 65% / 64% for 33/36 and 10K; $400 dealer cash
Sedan - 64% / 63%; $900 dealer cash
Subtract 1% to go from 10K to 12K
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Thank you for the information, it is greatly appreciated. Have a great weekend!!!
Good evening, can you please share with me the MF, residual, and incentives on a Hatchback in the Sport, EX, and Sport Touring trims for 36/15k I’m 70808? Thank you.
61%, 60%, 59% residual
$150 dealer cash
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