View Full Version : Best lease contract for a Honda Civic DX-G?
gamer4Life
Jul 27th, 2009, 12:38 AM
Just wondering, what is the best lease agreement I can get for a manual transmission Honda Civic DX-G for 48 months, and 0 down payment?
How would I go about negotiating this deal, and what extra fees are there that I should expect, and what I should avoid?
And does anybody in Vancouver know what the best dealership to get a deal is?
Thanks in advance!
gamer4Life
Jul 27th, 2009, 12:13 PM
anyone?
coriolis
Jul 27th, 2009, 12:19 PM
Instead of negotiating the lease payments, find the best total price for the car and negotiate that, then calculate the lease payments after agreeing to a price.
active
Jul 27th, 2009, 12:48 PM
Instead of negotiating the lease payments, find the best total price for the car and negotiate that, then calculate the lease payments after agreeing to a price.
+1
As mentioned by Coriolis thats the best way to negotiate. OUT the Door price of the vehicle including taxes and calculate the lease payments.
gamer4Life
Jul 27th, 2009, 12:59 PM
How do you calculate lease payments after you've calculated the out the door price?
I'm afraid they might pull a fast one on me :confused:
For instance, what are these terms, and how do you determine them?
Capitalized cost of reduction**
Residual value of car at lease end*
active
Jul 27th, 2009, 01:04 PM
How do you calculate lease payments after you've calculated the out the door price?
I'm afraid they might pull a fast one on me :confused:
Go to lease guide (google it) and calculate your monthly payments with or without down payment. Do your homework before you finalize your deal with the dealer. It gives you an idea. If the dealer is pulling you fast or If you feel uncomfortable with the payments and price just walk away.
sb_tor
Jul 27th, 2009, 01:35 PM
How do you calculate lease payments after you've calculated the out the door price?
I'm afraid they might pull a fast one on me :confused:
For instance, what are these terms, and how do you determine them?
Capitalized cost of reduction**
Residual value of car at lease end*
use the lease calculator on Honda's website. I would use CCC/APA to determine the discounts and add this to my downpayment to arrive at the final price. Or add at least $1000 to your downpayment (if any) and calculate the installments. The site also says clearly what the residual value is. Make sure the dealer is giving you the same amount (or more).
Hot Ice
Jul 27th, 2009, 01:46 PM
try to negotiate for less than $250/month, tax included. The Lease market has not been very good this year because the lessors lost money on the cars that came back this year due to the residual value of the cars.
gamer4Life
Jul 27th, 2009, 02:28 PM
try to negotiate for less than $250/month, tax included. The Lease market has not been very good this year because the lessors lost money on the cars that came back this year due to the residual value of the cars.
Wouldn't the residual value be the higher than it was before due to the lower C$ dollar?
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