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Signed a new lease. Thoughts?

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Old Jan 17, 2020 | 12:49 PM
  #1  
Honda90210's Avatar
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Default Signed a new lease. Thoughts?

I recently signed a new lease on a Honda Civic. I've posted in other forums and usually get trolled by other car buffs who like to brag about how they got into a more expensive car for a lesser rate when in reality their leasing or financing a loaner or older model.
I feel like I got a fair deal in my region to lease a new car.
Included is oil & tire, anti theft.






2020 Honda Civic Hatchback Sport Touring Hatchback Auto
MSRP: $29780
Monthly Payment: $405
Drive-Off Amount: $405
Months:36
Annual Mileage:12,000

Is this a decent deal?
 

Last edited by Honda90210; Jan 17, 2020 at 12:58 PM.
Old Jan 18, 2020 | 02:44 AM
  #2  
acmech52's Avatar
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Joined: Mar 2006
Posts: 5,959
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welcome to the forum. if you are happy, that is all that matters. it is a good deal if you don't have the down payment or cash to pay for it or good credit to make a credit union or bank loan. its a nice car and the payment is low if you don't drive over 12k miles a year. i purchased my 2016 HR-V with a 2500 down , and the monthly payments with honda was over 450.00 per month, so i know you got a good deal, only difference is i will own a worn out car when i finish paying, you will have no car after 36 months, but saved a lot and getting good credit to purchase the next one. also if you own a bushiness the lease is a write off.
 
Old Jan 18, 2020 | 09:28 PM
  #3  
avisitor's Avatar
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Joined: Sep 2018
Posts: 1,466
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Agreed, if you are happy with the terms and can live comfortably then great deal.
I like the car!
 
Old May 23, 2020 | 12:58 AM
  #4  
martintaylor's Avatar
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Joined: May 2020
Posts: 1
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There is no need to panic.. It seems a good deal.
 
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