Civic

July 2008 Lease Rate for 08 Honda Civic Si

Published by G

2008 Honda Civic Coupe Si
24 Month – Residual 66% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 47% of MSRP – .00255 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Not exactly the best lease right now, specially for the 24mo term. I would wait, or simply buy it. Looks like most manufacturers are introducing very attractive financing options and rebates for purchase this time of the year.

June 2008 Lease Rate for 08 Honda Civic Si

Published by G

2008 Honda Civic Coupe Si
24 Month – Residual 66% of MSRP – .00165 Base Rate
36 Month – Residual 58% of MSRP – .00165 Base Rate
48 Month – Residual 48% of MSRP – .00235 Base Rate
60 Month – Residual 37% of MSRP – .00245 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: Now is a great time to jump into a Honda Civic Si coupe. The residual values are strong and the lease rates for 24 to 36 months are lower than the standard Honda lease rate. If you can’t drive a manual, learn, because this car only comes in manual. This is probably one of the best/quickest/fuel efficient car of its class.

May 2008 Lease Rates for Honda Civic

Published by G

Civic Coupe EX
36mo/12k – residual 60% – money factor .00165
36mo/15k – residual 58% – money factor .00165

*security deposit may be required.

My Take: The Civic is a solid performer in terms of fuel economy and performance. It’s styling may not be for everyone, but it’s a Honda, so you know they are good cars and fairly reliable. I personally like them, but I would opt for the Si since I like my cars a bit peppier.

Honda Nationwide Lease Deals. Expires 4/30/08

Published by G

I make it a morning ritual to visit all the car websites I have bookmarked to see what’s going on in the out automotive world. In this case, Autonation is reminding us about the Honda Spring Sales Event, you know, those commercials with the guy that pulls up his truck at a wedding, or while two people are camping, etc…So I quickly browse through the list of “incentives” for the whole entire Honda line up. Some look promising, others not so much. I’ll briefly mention the ones I think are worth “looking” into. Keep a couple of things in mind though, read the fine print. You CAN get better rates, so you CAN get a better deal than advertised. I don’t have the “connections” with Honda dealers, so I won’t be able to provide you with MFs. However, the residuals are fairly easy to figure out when you read the fine print.

2008 Accord Sedan LX Featured Special Lease
$219.00 per month for 36 months. $2,599.00 total due at signing.

2008 Accord Sedan EX Featured Special Lease
$239.00 per month for 36 months. $2,899.00 total due at signing.

2008 Civic Coupe LX Featured Special Lease
$199.00 per month for 36 months. $1,999.00 total due at signing.

2008 Civic Sedan LX Featured Special Lease
$199.00 per month for 36 months. $1,999.00 total due at signing.

2008 Element 2WD LX Featured Special Lease
$189.00 per month for 48 months. $2,399.00 total due at signing.

2008 Odyssey LX Featured Special Lease
$259.00 per month for 36 months. $2,499.00 total due at signing.

2008 Pilot 4WD VP Featured Standard Lease
$279.00 per month for 36 months. $2,999.00 total due at signing.

2008 Ridgeline RT Featured Special Lease
$269.00 per month for 36 months. $1,999.00 total due at signing.

2008 Ridgeline RTX Featured Special Lease
$279.00 per month for 36 months. $1,999.00 total due at signing.

Based on these “general” incentives, I would say that if you can keep the monthly payment the same and keep the drive-off at or below $999, you got yourself a fairly decent deal. Go below that then maybe you should be writing my blog. Haahaa.