$230/month actually isn’t too bad of a deal (depending on your tax rate). I’m currently looking for a Civic Hatchback EX.
First thing make sure it’s nothing up front, not nothing down. Nothing down means no down payment. Nothing up front means all the taxes and fees are rolled into the lease.
There are really 2 ways to go about negotiating with dealers. You can ask for the selling price and drop that into the lease calculator and seeing what your lease payment should be. I take a different tactic. I come up with a ridiculously low lease payment and ask the dealer if they can do that deal. For example, I’ve emailed like 6 dealers that I want a Civic Hatchback EX for under $200 a month with nothing up front. That would be a 17% discount off of MSRP, which nobody would do. So far the best I’ve gotten is $250/month with nothing up front. Still working on it though. I think you should be able to get an EX for closer to $200/month. You sure you don’t want the EX-T with the turbo engine? It’s one of the main reasons I’m going with the Civic.
Call Hardin Honda or email them for quote. We leased a 2016 Honda EX last year for $220/month( tax included) with 15k/36month. A little over $500 drive off. Start to negotiate with $3000 or more discount from MSRP
Contact John Buhs at Buena Park Honda and see if they’ll do the same deal. $600 drive off , 186+tax on the Civic EX Sedan. Didn’t qualify for anything like college grad or military. Norm Reeves in Cerritos was planning on doing 189+tax with 600 drive off but the car sold hours before we were scheduled to go so went further down to Buena Park since John kept saying he would beat the $189 deal
A friend of mine trying to lease a car for a first time. She is looking into Accord or Civic in NJ (36m/10k). She got a quote from a dealer on Civic LX and it looks like this:
Cap Cost Reduction 999
Payment 99
MV Fee 229.5
Doc Fee 449
Aquisition Fee 595
Tire Tax 7.5
NJ sales Tax 782
Destination 875
Online reg 11
Whel locks (!?) 129
UV Antitheft 249
Total out of pocket - 4425$ (??)
It seems like not enough transparency on MF and lease cash (?), plus so many fees and so much cash upfront. What is she doing wrong? She went to dealership in person, following some promotional email with 99$/999$ down.
Did not provide those numbers to her. She walked out at the end. But seeing both acquisition and destination fees looked suspicions. Are they both necessary?
Not sure why she is paying the destination fee. That should be included in MSRP and residualized. Acquisition fee = bank fee and you must pay that. This dealership is awful. Hamilton Honda isn’t bad from what I’ve heard. Maybe try there?