2024 Honda Civic Lease Deals, Incentives, Rebates, and Prices

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  • ADJunkyADJunky Member Posts: 4
    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Sport Hatchback

    36/15k in 17036
  • kyfdxkyfdx Moderator Posts: 256,296
    ADJunky said:

    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Sport Hatchback

    36/15k in 17036

    .00264 MF and 64% residual

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  • ADJunkyADJunky Member Posts: 4
    edited December 2023
    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Sport Hatchback w/ Manual Transmission

    ************* 36/45k in 17036

    Meant 15k / year on previous comment... wasn't sure if that is what was calculated

  • MichaellMichaell Moderator Posts: 254,520
    ADJunky said:

    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Sport Hatchback w/ Manual Transmission

    ************* 36/45k in 17036

    Meant 15k / year on previous comment... wasn't sure if that is what was calculated

    Yes, those were the numbers we provided - 15K per year.

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  • berliner24berliner24 Member Posts: 10
    Hi, can you please provide MF, RV% and Incentives on a 2024 Civic LX Sedan Gas on whatever the lowest mileage offered on a 24 or 36 month lease is in 33435?
  • kyfdxkyfdx Moderator Posts: 256,296

    Hi, can you please provide MF, RV% and Incentives on a 2024 Civic LX Sedan Gas on whatever the lowest mileage offered on a 24 or 36 month lease is in 33435?

    10K/yr

    .00264 MF
    71%/65% residual

    No lease incentives

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  • berliner24berliner24 Member Posts: 10
    kyfdx said:

    Hi, can you please provide MF, RV% and Incentives on a 2024 Civic LX Sedan Gas on whatever the lowest mileage offered on a 24 or 36 month lease is in 33435?

    10K/yr

    .00264 MF
    71%/65% residual

    No lease incentives
    Thank you!
  • ADJunkyADJunky Member Posts: 4
    Hi can you please provide me with MF and RV% for a 2024 Honda Civic Hatchback Sport Touring 6SPD Manual
  • MichaellMichaell Moderator Posts: 254,520
    ADJunky said:

    Hi can you please provide me with MF and RV% for a 2024 Honda Civic Hatchback Sport Touring 6SPD Manual

    What is your location?
    What lease term and how many miles per year?

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  • ADJunkyADJunky Member Posts: 4
    Hi can you please provide me with MF and RV% for a 2024 Honda Civic Hatchback Sport Touring 6SPD Manual

    17036 zip code

    15k miles per year

    24/36/48 month terms if possible
  • kyfdxkyfdx Moderator Posts: 256,296
    ADJunky said:

    Hi can you please provide me with MF and RV% for a 2024 Honda Civic Hatchback Sport Touring 6SPD Manual

    17036 zip code

    15k miles per year

    24/36/48 month terms if possible

    .00264 MF and 66% residual
    .00264 MF and 60% residual
    .00330 MF and 52% residual

    $500 dealer cash

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  • ErikAceNYErikAceNY Member Posts: 33

    May I have the residual and MF on 2024 Honda civic 36/12,000 zip code 10461. Thank you!

    SI Model
    Type R model

  • MichaellMichaell Moderator Posts: 254,520
    ErikAceNY said:

    May I have the residual and MF on 2024 Honda civic 36/12,000 zip code 10461. Thank you!

    SI Model

    Type R model

    .00315 MF
    67%
    72% RV

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  • awfpack1awfpack1 Member Posts: 23
    edited December 2023

    Can I have the MF, RV, Incentives for:

    1. Honda Civic LX Sedan
      36/12K
      Zip code
      28787
  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    Can I have the MF, RV, Incentives for:

    2023 Honda Civic LX

    36/12K

    Zipcode 28787

    I'm new at trying to get a geood lease deal. This is what one dealer sent me. Not sure if it is good or not. Can someone let me know please?

    2023 or 2024? Didn't we just go through this in the 2023 ?discussion

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  • awfpack1awfpack1 Member Posts: 23

    Sorry. I missed typed. I’m looking at a 2024 Honda Civic Sedan. 36 months. 12000 miles

  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    Can I have the MF, RV, Incentives for:

    1. Honda Civic LX Sedan

      36/12K

      Zip code

      28787
    awfpack1 said:

    Sorry. I missed typed. I’m looking at a 2024 Honda Civic Sedan. 36 months. 12000 miles

    .00264 MF and 64% residual
    No lease incentives

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  • awfpack1awfpack1 Member Posts: 23
    Hi, Thanks for the info. I'm new to leasing a car. Here is a quote from one of my nearby dealerships.
    Is this a good deal? Not sure where to start with this offer.
    Thanks and Merry Christmas

  • MichaellMichaell Moderator Posts: 254,520
    awfpack1 said:

    Hi, Thanks for the info. I'm new to leasing a car. Here is a quote from one of my nearby dealerships.
    Is this a good deal? Not sure where to start with this offer.
    Thanks and Merry Christmas

    Looks pretty good, with only first payment due at signing.

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  • kyfdxkyfdx Moderator Posts: 256,296
    @awfpack1

    Basically, you are paying full MSRP, plus $595 lease acquisition fee and $500 SC tax.

    Ask for a discount from MSRP. Every $100 off the price saves you about $3/mo. on the payment

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  • awfpack1awfpack1 Member Posts: 23
    Thank you so much for the help. How far off MSRP have people been getting if any? Can you ask at the price they quoted of they would bump the milage up to 15K? Just a thought? Is this the cheapest lease option. Is there another model that people are getting more off of MSRP? Thanks again for all your help and time answering my questions.
  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    Thank you so much for the help. How far off MSRP have people been getting if any? Can you ask at the price they quoted of they would bump the milage up to 15K? Just a thought? Is this the cheapest lease option. Is there another model that people are getting more off of MSRP? Thanks again for all your help and time answering my questions.

    See the Price Checker link below for Edmunds research.

    Probably hard to get a discount on any desirable vehicle in this price range, but you should try.

    Residual drops by 2% for 15K/yr. That will add about $14/mo to your payment. (or, if you need 15K/yr, and can negotiate a $500 discount, you could stay at the same payment)

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  • kyfdxkyfdx Moderator Posts: 256,296
    @awfpack1

    If it's me, I take the 5.90% APR Honda Finance financing, and a payment of around $430/mo. for 72 months. That way, no worries about mileage, and you can drive a very nice vehicle, and probably have equity at any time you wish to trade it.

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  • awfpack1awfpack1 Member Posts: 23
    Thanks. The milage is not an issue. I'm just curious as to how low I could get them since it close to the end of the year/quarter.
  • MichaellMichaell Moderator Posts: 254,520
    awfpack1 said:

    Thanks. The milage is not an issue. I'm just curious as to how low I could get them since it close to the end of the year/quarter.

    Shop multiple dealers to get the lowest price.

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  • acastro06acastro06 Member Posts: 36
    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Ex / Sport/ Touring Sedan? and incentives?

    36/10k in 10606
  • kyfdxkyfdx Moderator Posts: 256,296
    acastro06 said:

    Hello,

    Can I please get the MF and Residual for a 2024 Honda Civic Ex / Sport/ Touring Sedan? and incentives?

    36/10k in 10606

    .00264 MF
    65%, 66%, 62% residual

    $500 incentive on EX/Touring only

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  • dgermain09dgermain09 Member Posts: 12
    edited December 2023
    Hi! Can I please get the MF, residual value, and lease incentives for the 2024 Honda Civic LX for 36 months at 12K and 10K annual miles in 90404? Thanks!
  • MichaellMichaell Moderator Posts: 254,520

    Hi! Can I please get the MF, residual value, and lease incentives for the 2024 Honda Civic LX for 36 months at 12K and 10K annual miles in 90404? Thanks!

    Sedan or Hatch?

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  • chazsanfchazsanf Member Posts: 5

    Hello can I please get the MF and Residual for 2024 Civic LX at 12k and 15k in 13501?

  • dgermain09dgermain09 Member Posts: 12
    Michaell said:

    Hi! Can I please get the MF, residual value, and lease incentives for the 2024 Honda Civic LX for 36 months at 12K and 10K annual miles in 90404? Thanks!

    Sedan or Hatch?
    Sedan please!
  • ncncv13ncncv13 Member Posts: 8

    Hi, can I get mf and rv for 24 civic sport sedan in 53235? Both 36/12 and 36/10. Thank you

  • kyfdxkyfdx Moderator Posts: 256,296
    chazsanf said:

    Hello can I please get the MF and Residual for 2024 Civic LX at 12k and 15k in 13501?

    Hatch or Sedan?

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  • kyfdxkyfdx Moderator Posts: 256,296

    Michaell said:

    Hi! Can I please get the MF, residual value, and lease incentives for the 2024 Honda Civic LX for 36 months at 12K and 10K annual miles in 90404? Thanks!

    Sedan or Hatch?
    Sedan please!
    36/12
    .00264 MF and 64% residual
    No lease incentives

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  • kyfdxkyfdx Moderator Posts: 256,296
    ncncv13 said:

    Hi, can I get mf and rv for 24 civic sport sedan in 53235? Both 36/12 and 36/10. Thank you

    36/12
    .00264 MF and 65% residual
    No lease incentives

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  • chazsanfchazsanf Member Posts: 5

    @kyfdx said:
    Hatch or Sedan?

    Sedan please.

  • kyfdxkyfdx Moderator Posts: 256,296
    chazsanf said:

    Hello can I please get the MF and Residual for 2024 Civic LX at 12k and 15k in 13501?

    36/15
    .00264 MF and 63% residual
    No lease incentives

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  • danman3323danman3323 Member Posts: 41
    Please provide MF, incentives and residual value of 2024 Honda Civic Sport Sedan and Hatchback, 12K miles, 36 months, 30115 zip code.

    Thanks
  • kyfdxkyfdx Moderator Posts: 256,296

    Please provide MF, incentives and residual value of 2024 Honda Civic Sport Sedan and Hatchback, 12K miles, 36 months, 30115 zip code.

    Thanks

    .00264 MF
    Hatch: 66% residual
    Sedan: 65% residual

    No lease incentives

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  • awfpack1awfpack1 Member Posts: 23
    Could someone look over this deal. What is the like Cap Red and it has $594.86. Does this deal look ok?
    Do the numbers add up? Thanks again for your help.
  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    Could someone look over this deal. What is the like Cap Red and it has $594.86. Does this deal look ok?
    Do the numbers add up? Thanks again for your help.

    My guess: Out of the $1000 rebate, $373 for first payment, and $29 for upfront sales tax on the rebate, with the rest of it going to CAP cost reduction.

    On the contract:

    $24545 sale price
    +$595 acquisition fee
    +$563 other fees (dealer/DMV)
    = $25,703 Gross CAP

    $1000 rebate = $373 1st payment, $29 upfront sales tax, $595 CAP reduction

    $25703
    -$595
    = $25108 adjusted CAP.

    Payment = $360/mo + sales tax (4% in NC?)

    Those are just estimates, as we aren't looking at the actual contract.

    This is with $0 Due at Signing

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  • awfpack1awfpack1 Member Posts: 23
    Does this look like a good deal for a Civic LX Sedan?
    Also, one dealership mentioned this from Honda? Ever heard of this?

    The Leadership Purchase Program is a purchase but structured similar to a lease. You have 36K mi 36 mo similar lease. At the end of 36 months you have more options less fees. You can trade it, sell it or keep the vehicle. If you keep the vehicle your payment, rate etc stays the same until you pay the remainder residual off. No refinancing like a lease. Generally the payment is a little more than on a lease. It’s really just a different way to purchase a vehicle and keep the payment lower.
  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    Does this look like a good deal for a Civic LX Sedan?
    Also, one dealership mentioned this from Honda? Ever heard of this?

    The Leadership Purchase Program is a purchase but structured similar to a lease. You have 36K mi 36 mo similar lease. At the end of 36 months you have more options less fees. You can trade it, sell it or keep the vehicle. If you keep the vehicle your payment, rate etc stays the same until you pay the remainder residual off. No refinancing like a lease. Generally the payment is a little more than on a lease. It’s really just a different way to purchase a vehicle and keep the payment lower.

    Basically, it’s a balloon note. But, you’ll be stretching your payments out longer.

    If you want to buy it, get a 72 month term and do that.

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  • awfpack1awfpack1 Member Posts: 23
    Thanks for all your help. Do you think I can get any more off?
    I have a few other dealers giving me more dealer cash but they have like $2,000 in add ons to the car.
    They say they can't be removed.
  • MichaellMichaell Moderator Posts: 254,520
    awfpack1 said:

    Thanks for all your help. Do you think I can get any more off?
    I have a few other dealers giving me more dealer cash but they have like $2,000 in add ons to the car.
    They say they can't be removed.

    We don't track pricing; use the Price Checker link, below, for Edmunds research.

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  • awfpack1awfpack1 Member Posts: 23
    He is saying the residual 16,029
  • kyfdxkyfdx Moderator Posts: 256,296
    awfpack1 said:

    He is saying the residual 16,029

    16028.80, actually (64% of the MSRP)

    $500 off, plus a $1000 rebate seems pretty decent for a new Civic

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  • awfpack1awfpack1 Member Posts: 23
    Is there anything left to negotiate?
  • MichaellMichaell Moderator Posts: 254,520

    @awfpack1 said:
    Is there anything left to negotiate?

    Shop other dealers to see if you can do better

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  • awfpack1awfpack1 Member Posts: 23
    I have and his was the best
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