Not too much to say here. Lease rates for Hondas remain unchanged from January. So Cal sale prices have gone up a bit, but nothing too significant that would make it a bad deal. The Civic, Accord, CR-V and CrossTour remain strong leases this month. The Odyssey isn’t half bad, but I think the MF is a tad high in my opinion. Expect rates to change next month.
Here is a sample calculation based on TrueCar’s Southern California sale price and do not include local taxes. Please note that your dealer calculations may vary due to local fees/taxes.
2011 Honda Civic Sedan LX AT
MSRP – $19,305
Sale Price – $16,029
Monthly – $149 + tax
RWG Rating – 116.9
For Dealer Quotes, Click Here.
2011 HONDA ACCORD COUPE LX-S AT
36-month | 15k miles | residual 55% | .00123 base money factor
2011 HONDA ACCORD CROSSTOUR 2WD EX
36-month | 15k miles | residual 59% | .00123 base money factor
2011 HONDA ACCORD CROSSTOUR 4WD EX-L
36-month | 15k miles | residual 57% | .00123 base money factor
2011 HONDA ACCORD SEDAN LX AT
36-month | 15k miles | residual 57% | .00123 base money factor
2011 HONDA ACCORD SEDAN EX AT
36-month | 15k miles | residual 57% | .00068 base money factor
2011 HONDA CIVIC COUPE LX AT
36-month | 15k miles | residual 57% | .00076 base money factor
2011 HONDA CIVIC SEDAN LX AT
36-month | 15k miles | residual 59% | .00076 base money factor
2011 HONDA CR-V 4WD LX AT
36-month | 15k miles | residual 61% | .00071 base money factor
2011 HONDA CR-Z HATCHBACK AT
36-month | 15k miles | residual 65% | .00200 base money factor
2011 HONDA ELEMENT 4WD LX AT
36-month | 15k miles | residual 59% | .00200 base money factor
2011 HONDA FIT HATCHBACK AT
36-month | 15k miles | residual 61% | .00200 base money factor
2011 HONDA ODYSSEY LX AT
36-month | 15k miles | residual 64% | .00190 base money factor
2011 HONDA PILOT 4WD LX
36-month | 15k miles | residual 56% | .00145 base money factor
2011 HONDA RIDGELINE CREW CAB RT
36-month | 15k miles | residual 56% | .00200 base money factor
@G
2011 accord se $265 w. tax 6 1/4% 36/12k sighn n drive?
What do you think. (msrp $24.5)
Btw I don’t care if they pad the mf or do anything sneaky it all comes down to payment right? some other stores in Boston area over ($300)
This is for my folks there camry got totaled so leasing with no out of pocket is what I’d like to do
@jake. very glad your mom is okay. I hope she got checked out by the doctor. That must have been a big scare to watch your car catch on fire after a collision! Crazy. Anyway, maybe it might be a better idea to get a Honda anyway. It’s a better overall lease program, plus they fair well in the safety department.
I don’t have SE lease rates, so I can’t say for sure I can duplicate the numbers. However, assuming the numbers are the same as the EX, I’m looking at about $250 with tax with a gross cap cost of $21600 over 35 payments (sign n drive). Basically rolling about $1000 in fees, which is usually a fairly good estimate. I haven’t met a Honda dealer that pads their MF, so I would be surprised if they did. Anyway $265 isn’t half bad though, still a pretty great value for a good car.
Anyway, if you have the time, you might want to shoot an email or call Best Buy Leasing to see if they can beat that.
@all
Leasing with no cap reduction is a must! G since the car I leased my mom last year was essentially sighn n drive we lost nothing no $2 or 3 grand as we would normally would have before your site. THANKX
Btw she is fine the camry leaked fluid after the minor crash and cought fire
Any insight if MF on Pilot EX-L will go up in March? Buying soon and not sure if I should do deal this month or next. Thanks.
@red95blue. Guessing how good next month is going to be is like playing the stock market. A lot of uncertainty. However, I expect residuals to drop and MF to drop to compensate. Whether sale prices will go down is still undetermined. Honda leases got more expensive in Feb compared to Jan and Dec due to higher sale prices. However, I think Spring Clearance is coming in the next couple months, so I do expect lease promos to improve around that time. Hope this helps.