# 2016 Honda Civic LX Automatic base model , $583 down and $182 per month good deal?

**URL:** <https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121>\
**Category:** Ask the Hackrs\
**Created:** [January 3, 2017, 11:50pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121 "2017-01-03T23:50:06Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![naruto](https://leasehackr.b-cdn.net/letter_avatar/naruto/32/5_5575768a8748004e209b776fc1b2916d.png) [@naruto](https://forum.leasehackr.com/u/naruto)\
**Post date:** [January 3, 2017, 11:50pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/1 "2017-01-03T23:50:07Z")

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I got this 2016 Honda Civic LX Automatic with no options during the end of year sale  
MSRP:20275  
Cap cost: 17981 (with 595 acquisition fee included)  
Downpayment incl 1st month: 1083  
Downpayment includes $500 recent grad cash and 583 from my pocket  
Residual: 11962  
Monthly lease payments:167 + taxes = $182 every month  
No other deposit  
I was told that my MF was 0.00048 and residual was 59%  
Lease term: 36 mos  
Miles:12k

Did i get a good deal ?

Actually I figured out after i signed my lease that the lowest the dealership could go was $177.53 a month with the same down payment and $500 grad credit - if it were to help somebody .  
This was in an LA suburb - West Covina

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**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [January 4, 2017, 3:20pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/2 "2017-01-04T15:20:04Z")

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Now that you have signed your lease, don’t second guess yourself (or allow anyone else to). Enjoy the car, and I’m sure anyone in the market for a '16 Civic will appreciate the extra data point.

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**Author:** ![vhooloo](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/vhooloo/32/3952_2.png) [@vhooloo](https://forum.leasehackr.com/u/vhooloo)\
**Post date:** [January 4, 2017, 4:13pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/3 "2017-01-04T16:13:57Z")

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That rate is advertised for 2017 civics. For 2016, I would have thought the price would be 10% lower.

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**Author:** ![vhooloo](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/vhooloo/32/3952_2.png) [@vhooloo](https://forum.leasehackr.com/u/vhooloo)\
**Post date:** [January 4, 2017, 4:15pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/4 "2017-01-04T16:15:35Z")

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![](https://leasehackr-assets.b-cdn.netoriginal/2X/c/c3128b60d8bca66130543d8b2d8b77606efc0351.jpg)

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**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [January 4, 2017, 4:22pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/5 "2017-01-04T16:22:34Z")

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Ads are kinda useless w/o the fine print, aren’t they? In this case:

> All leases are 36 months, 12k miles per year. $0 down payment plus registration fees, documentation, acquisition fee and 1st payment due at signing. No security deposit required. With approved credit. Must take delivery from dealer stock. Payment due at time of purchase, see dealer for details. Offers valid thru 12/31/16.

That would be another ~$1.5-2k due at signing depending on where one lives. OP appears to have had $583 due at signing.

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**Author:** ![naruto](https://leasehackr.b-cdn.net/letter_avatar/naruto/32/5_5575768a8748004e209b776fc1b2916d.png) [@naruto](https://forum.leasehackr.com/u/naruto)\
**Post date:** [January 4, 2017, 4:46pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/6 "2017-01-04T16:46:30Z")

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Thanks max\_g , yeah I know but wanted to find out if I have a good deal or a so so deal so I get better at this as this was first ever lease ; where would you find a list of the current deal offers?

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**Author:** ![naruto](https://leasehackr.b-cdn.net/letter_avatar/naruto/32/5_5575768a8748004e209b776fc1b2916d.png) [@naruto](https://forum.leasehackr.com/u/naruto)\
**Post date:** [January 4, 2017, 6:26pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/7 "2017-01-04T18:26:17Z")

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Advertisement Link please

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**Author:** ![max\_g](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/max_g/32/9426_2.png) [@max\_g](https://forum.leasehackr.com/u/max_g)\
**Post date:** [January 4, 2017, 7:19pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/8 "2017-01-04T19:19:03Z")

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I believe the ad he posted was on [Boston.com](http://Boston.com)

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**Author:** ![vhooloo](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/vhooloo/32/3952_2.png) [@vhooloo](https://forum.leasehackr.com/u/vhooloo)\
**Post date:** [January 4, 2017, 7:19pm UTC](https://forum.leasehackr.com/t/2016-honda-civic-lx-automatic-base-model-583-down-and-182-per-month-good-deal/7121/9 "2017-01-04T19:19:42Z")

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and or bernardi honda .com
