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2022 Honda Civic Sport/EX Lease

dixenc21dixenc21 Member Posts: 2
edited February 2022 in Honda
I'm in the market for a new car lease and I have a really unreliable salvage title 2013 Ford Escape. I got an appraisal at Honda Dealer with a $4200 offer. I'd put this down on a 2022 Honda Civic Sport which has a MSRP of $23750 and monthly payment of $230 and residual of $16605 or a 2022 Honda Civic EX with an MSRP of $25,350 and monthly payment of $260 a residual of $16,874 both are priced for 12,000 miles/yr. The money factor is .00150. Does anyone know if this a good deal in today's crazy market? There aren't many out there I would also have to build it.

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    kyfdxkyfdx Moderator Posts: 241,300
    dixenc21 said:

    I'm in the market for a new car lease and I have a really unreliable salvage title 2013 Ford Escape. I got an appraisal at Honda Dealer with a $4200 offer. I'd put this down on a 2022 Honda Civic Sport which has a MSRP of $23750 and monthly payment of $230 and residual of $16605 or a 2022 Honda Civic EX with an MSRP of $25,350 and monthly payment of $260 a residual of $16,874 both are priced for 12,000 miles/yr. The money factor is .00150. Does anyone know if this a good deal in today's crazy market? There aren't many out there I would also have to build it.

    The money factor and residual are fixed by the bank.

    The only variables are the selling price of the new car, and the trade-in price of the old one.

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    dixenc21dixenc21 Member Posts: 2
    So would this be considered a good deal in todays market?
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    kyfdxkyfdx Moderator Posts: 241,300
    dixenc21 said:

    So would this be considered a good deal in todays market?

    Sorry, we don't track pricing. See the Price Checker link, below

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