Today I went to the dealership and got a LEASE price on a 2005 Civic VP package with a rear spoiler. The MSRP is 15200 and they said the sale price was 13900. Can you please let me know if the following payments are good/fair:

No money down 36 month lease $233.84 ($0 drive off) and includes rear spoiler. Residual value is $8170

Is this a good deal? Thanks for your help!

 

find out how much you can get it for to buy. a civic wont lose value very quickly and that seems a little high for a lease. but 0 down is a big part of that, so its tough to say as ive never actually leased a car.

 

If paid $2982 down my payments would be $139 a month.

Both leases:

36 x 139 + 2982= $7986 + $300 (SPOILER) =$8286

36 X 233= $8388 (includes spoiler)

To buy it would be $284 for 60 months if the sale price was 14400....???

 

save up the down payment. youll kick yourself every time you write that check every month if you dont.

 

Leasing is only really good if you want to drive a new car every 3 years. The downside though is most service and repairs need to be done at the dealer $$$$$.

 

dont lease,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,buy

 

Better to buy if possible. Most places don't want you to mod if you're leasing.

 

Leaseing is like renting once you spend the money it's gone foreven at least if your making payment to own it's kind of like an invesment.

 

Very true although bad idea. A car is one of the worst investments there is. Leaseing is a better option for some people, especially if you dont plan on modding. You should really research both and the reosons you intend to use ther car and then make your desicion. Remeber if you lease and put too many miles on it there is a penelty.


what would payments be like with the 3 grand down and buying?