Is this an good deal? (lease take-over 2008 Civic Si)

[Captain_Ron5]

Months left: 39 Month
Original lease term: 60 Months
Lease Rate: .9%
Lease end date: December 2012
Excess Km Charge: 8 cents / Km
Lease end buyout: 11,500 $

Vehicle: 2008 Honda Civic Si ( low 9200 km)
Months left: 39 Months
Current payments: 362.00 $ (Tx included)
Payments w/o tax 323.21 $

Includes full 5 year Honda comp. warranty.
Seller will give me $2,600 plus will pay transfer fee.

I resume payments October 1st.

Thanks, Marko

[MS MSP]

looks good to me.

0.9%, low buy out, good incentive.

If the car checks out in good condition with no accidents and low mileage, go for it.

[Vladimir]

wow sounds like an awesome deal if it is in great condition.
If I would have seen this deal back when I was buying a car I would have jumped all over it, and then paid the 11k lease buyout.
ven taking that lease buyout at the end sounds good. If you include the 2.6k incentive, you could own that car for 23k

[MP3_SKY]

Sounds good to me especially the 2800$ cash incentive. That's almost 8 months of your lease payment. 5 years lease is long, just make sure you are financial stable to keep on paying the payments.

[aleks]

The monthly payments are low but don't forget usually you have to pay tax on the residual as well and when you total everything up the current buyout is around $24K.

I know that one could buy a brand new 2008 Si here for $24K + tax and fees few months back because they had too many left in stock.

The rate is very attactive on that deal however.