Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Options
2013 and earlier-Honda Civic Lease Questions
This discussion has been closed.
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
I am at the end of a lease on a 2008 (same specs: Civic LX Sedan with a manual transmission), and would prefer to get into another lease on an updated version of my car. I was trying to get into a manual 2011 a few months ago, but there were none available on the west coast!
Now I am trying to decide if I should buy my 2008, lease a 2012, or look into other similar cars...
Do you guys think it would be better to buy or lease a new 2012?
I really was hoping to get the same deal I got last time = $0 down, $200 a month before tax. They were offering just about the same deal up until May, but I refuse to drive an automatic, so I couldn't take advantage of it...
Thanks for your help!
What would a current lease deal be for the 2011 Civic EX-L (w/leather) for 36 months with 12k miles annually?
Thank you in advance!
-zheka78
I would be happy to use this lease program to work up a sample payment for you if you provide me with an approximate selling price for the car that you want. For now I will assume a selling price of $1,000 over invoice. Let me know if you're able to get a better deal than that.
According to my calculations, if you were to lease a 2011 Civic EX-L that has an MSRP of 21,275 and a selling price of 20,652 through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $275.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Last night, a dealer in Miami quoted the following for a 2012 Honda Civic EXL (without nav), as follows:
Price: $22,405
Lease rate for 36 mo (12K) was .0020 and residual was 65%, with total out of pocket $3,000.
Am I in the wrong State or the wrong dealer?
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Wanted an opinion on a civic ex coupe deal I am being offered...
No money down ($216 for title and tags)
$358 a month (9% PA tax included)
MSRP: 21155
Price: 20675 + 595 acquisition fee
residual: 55%
money factor: .00185
Thanks
The $480 dealer discount that you were quoted isn't very large, but given the recent inventory issues that Honda has been experiencing and the high gas prices that are out there I can't say that I'm surprised. This car has a spread of over $1,600 between its full MSRP and dealer invoice price, so it might not be a bad idea to shop around a little to see if you can beat the price that you were quoted. Again though I can see dealers wanting to hang onto as much gross as possible on Civics right now.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
A bit of a correction... residual quoted was actually for 2011 model and 2012 is at 62%.
monthly price went down to 314 (all other components remained same). I am going to take delivery this week.
I recently leased a 2012 Honda Civic EX, and wanted to know if I got a good deal. Here are the details:
MSRP: $21,255
Negotiated Price: $19,900
Residual: 67% ($14,240.85)
Factor: .00185
Term: 36 months
Acquisition Fee: $595
Document Fee $295 (I couldn't get the dealer to waive this)
DMV Fee: $123
Cap Reduction: $1,289 ($2,000 down)
Acquisition fee was rolled into the lease. Base monthly price is $199, with tax it's $212.29. This deal was negotiated on July 3rd.
Thanks!
money factor is same like urs 0.00185, MSRP is $24800. I was wondering why hybrid has worse residual? please advise asap, as I have not signed paper work and picked up the car!
Much appreciated.
Ofcourse discount is chicken feed $350, sales tax 8.25, fat payment of $351, zero down and 36 mo lease, $705 drive off.
A prompt response from any of u would be hugely appreciated.
Good morning! I am looking to lease a 2012 Civic EX w/Navi in Raleigh, NC. I have requested quotes from three dealerships in the area. I received a internet quote from one of the dealers offering an internet price of $22,275 which does not include 3% tax, $74 tags and $398 document/admin fee (MSRP listed as $22,775). So, the out-the-door price would be $23,415.25.
I plan to use Honda Finance for the lease and would like to know the August residual value and money factor for a 36-month/12K mile lease on this vehicle.
Also, I currently lease a 2009 Honda Accord and have had numerous problems linking my cell phone to the Hands Free Link. The only reason I'm getting the EX w/Navi is so I can have Bluetooth and XM Radio. Any opinions on this?
Thank you in advance for any assistance that you can provide!
MSRP: 22,930 (included some options)
Sale Price: 21,945
Residual: 14,675 (64%)
Money Factor: .0024
Term: 36
Mileage: 15K/year
Upfront Fees:
Tire: 7.50
Doc Fee: 299
DMV: 227
Tax: 728
Acquisition: 595
Monthly payment: $289
Unfortunately, there weren't any Civics in stock and I'm looking to purchase before the week is out. Civics are in short supply in this area.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Do you know what the August 2012 Civic EX-L money factor and residual numbers are? Preferably with 15k miles if available. Thanks!
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I just played around with some payments on this car and if you were able to get it at dealer invoice, your zero down, pre-tax monthly payment would be around $268. $400 over invoice would yield a payment of $279.68, right around what you are shooting for.
If you're in an area that has a decent level of competition that might be doable.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I'm trying to get an idea of what a good lease payment would be on a Civic EX-L w/NAV - quotes from dealers have been all over the map. I would be putting $2k down (includes first payment, taxes, fees etc.) and would like a 12k mile per year, 3 year lease. This is my third Honda from this particular dealer and I'm hoping they will offer some type of loyalty incentive. Is it possible to get this lease payment under $300/month?
According to my calculations, if you were to lease a 2012 Honda Civic Sedan EX-L with navigation that has an MSRP of $24,225 and a selling price of $22,858 ($500 over invoice) through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment would be around $295.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Thanks helpful Honda guys!
I have until Dec 1 to decide.
Thanks
Can you please provide the current lease factor and residual for lease of a 2012 Civic EX-L Sedan for 36 months and 12,000 miles per year? Also, when determining the lease payment, is the residual applied to the MSRP or the sales price?
Thanks!
I'm looking to lease a 2012 Honda Civic LX 4dr Automatic vehicle. I've called a few places and got rough quotes for the lease, and the best deal I got was $530 out the door with $216.40/month for 36 months (36k miles). I don't want to put any money down, but am willing to pay for the registration fees and all that upfront if that method saves me a couple hundred dollars. Do you think that is a good deal? What do you believe is a good deal in terms of financing this vehicle? Thank you!
Vehicles' residual values are based upon a percentage of their full MSRP including the destination charge.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Can anyone explain the breakdown of the lease advertised on Honda's web-site?
2012 Civic Sedan Automatic LX Featured Special Lease
$0 down payment
$0 security deposit
MSRP $19,425.00 (includes destination).
Actual net capitalized cost $19,511.76 (includes $595 acquisition fee)
Option to purchase at lease end $12,237.75 - I assume it means "Residual"
Honda web-site advertises this as $230.00 per month for 35 months ($0 first months payment)
Please help explain the following:
1. When calculate residual from the above it turns out %63 not %61 posted on this forum.
2. When calculate monthly using above numbers it turns out 266.54 not 230
Thanks.
2) Different trim levels often have different money factors, as well.. Reverse engineering that payment, I'd put the money factor on that lease somewhere between .00085 and .00090
Regards,
kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
I need some advice, and this seems like the best place to ask. I'm going to be helping a relative with her negotiations on a new lease. Her current lease expires in April for a 2009 Honda Civic Hybrid. The complication is that there's some damage to the car that I'm almost certain will go beyond the normal "wear and tear." Specifically, there's a small amount of damage on the rear driver's side from a parking garage mishap.
She hasn't had a repair estimate done yet, but she's really hoping to find a way to have the damage cost taken care of as part of starting a new lease. So I guess the questions are as follows:
1) If she's willing to lease a new car from the dealer, how likely is the dealer to waive the cost of the damage as part of the negotiation? I've read that dealers sometimes waive excess wear and tear, but I'm not sure how that works or how to go about negotiating it.
2) If the dealer will NOT waive the damage, is there any chance that they would roll the cost of the repair into her new lease?
Thanks!
It depends how much damage there is. As for rolling costs into the new lease, it can theoretically be done with a small amount and excellent credit.
I have seen car dealers in this spot say they will "waive" the additional damages on the car you're turning in, only to make up for it on the price of the new car being leased.
The best thing for you to do is get the current vehicle appraised by several dealers (including, if you want, the dealer you plan to get the new car from--you can even give them the last option for your convenience, and as a courtesy).
THEN, separately, research what you should be paying for the new car being leased, and negotiate until you get to that number (or as close as you are comfortable with/have time for).
By treating the two transactions separately, it will be easier for you to get maximum value for each (whatever that happens to be).
Please let me know if you have any questions.
Regards,
Danny
Could you please let me know the current money factor and residual rates for the:
civic ex-l with navigation - 4 dr sedan
and
civic ex without navigation - 4 dr sedan
Thank you very much!!!
Could you please provide the 36MO/12K MF and residual for the LX Sedan . Trying to negotiate a lease for my elderly mother and need to make sure she is getting the best deal.
I have this for the EX but need to confirm for the LX
36 Month – Residual 62% of MSRP – .00081 Base Rate
Thanks so much!
Also since my trade will be worth more than the new car, I won't have to pay sales tax on the Civic right? This is New Jersey. I know you generally pay the difference....(New car worth 30g, trade in worth 10g, you pay tax on 20g).......So no tax makes sense here right?
I'd really appreciate the info. Looking to do something this week. Thanks!
We have an 09 Civic EXL navigation with a lease expiring in July. We are going month to month till we see if Honda is serious about fixing the new Civic..other wise it is on to another brand. Also consider the Buick Verano. It will be the fist time in 20 years and 10 Hondas, but we already moved away from the Accord and may follw suit with the Civic being replaced too. Honda has lost it's way on Accord and Civic!
I don't have a TL lease...it's a purchase....trying to save money and lower payments as soon as possible. I'd like something sorta small and somewhat sporty if I could. I was considering a Hyundai Veloster...Briefly thought about an Accent. Do you have any other suggestions for a car priced around 21g including Nav?? Thanks!
The money factor for a lease of a '12 Civic Sedan EX without navigation would be the same, but the residual value would be 60%.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
The residual value for a lease with only 12,000 miles per year would be 2% higher.
I believe that in New Jersey you do indeed only have to pay sales tax on the difference in value between your trade and your new vehicle, even when leasing. Just make sure to have the dealer cut you a check for any equity that you have in your TL rather than using the proceeds from it as a down payment for your lease.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
I really have reconsidered after reading more reviews about the Civic sucking this year....I may be looking at the Prius now. Probably a better move at this point.
Though for whatever it's worth, a dealer confirmed for me on a purchase, I wouldn't pay any tax if the trade in was valued higher than the new car....A lease is different apparently!?
Thanks again for the numbers!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD