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Just leased a Civic LX, opinions on deal?
How, as a follow-up to my previous post about buying a used Sentra, I decided to lease a Civic instead. Although for some reason, I have a sour taste in my mouth from dealing with the dealership... So here's what happened.
Last night I just went to sign a lease for a Civic LX.
Total down with taxes, registration and fees was $4,460. Monthly payments are $75. Total is around $7,100 for the 36 months.
Question on the fees as for some reason I have a sour taste in my mouth on how the dealer was. When I called and asked first, I was told we would just pay $1,500 down, $895 bank fee (which is high I'm assuming...), $770 destination (legit) and tax (paid down full tax) and DMV. Later they add $370 for admin.
After agreeing, they bring us to the lease person which lets us know we aren't with Honda Financial due to our low payments but some obscure bank that isn't all too great, and charges a $500 disposition fee. We switched to Honda Financial, went from 39 months to 36 months but paying the same total. Shouldn't the Bank fee with Honda Financial be $595?
In the end, if I take my total divided by 36 months, it's $197 a month but I still have a sour taste in my mouth.
Did I just get had for extra bank fees, admin fees?
Edit: removed irrelevant part and fixed a couple numbers. I called and they agreed that bank fees with Honda Financial should be $595, as opposed to the original bank they had me under (which was $895). We'll see if they act on that. The rest I'm fine with as I knew what I was paying going in.
Last night I just went to sign a lease for a Civic LX.
Total down with taxes, registration and fees was $4,460. Monthly payments are $75. Total is around $7,100 for the 36 months.
Question on the fees as for some reason I have a sour taste in my mouth on how the dealer was. When I called and asked first, I was told we would just pay $1,500 down, $895 bank fee (which is high I'm assuming...), $770 destination (legit) and tax (paid down full tax) and DMV. Later they add $370 for admin.
After agreeing, they bring us to the lease person which lets us know we aren't with Honda Financial due to our low payments but some obscure bank that isn't all too great, and charges a $500 disposition fee. We switched to Honda Financial, went from 39 months to 36 months but paying the same total. Shouldn't the Bank fee with Honda Financial be $595?
In the end, if I take my total divided by 36 months, it's $197 a month but I still have a sour taste in my mouth.
Did I just get had for extra bank fees, admin fees?
Edit: removed irrelevant part and fixed a couple numbers. I called and they agreed that bank fees with Honda Financial should be $595, as opposed to the original bank they had me under (which was $895). We'll see if they act on that. The rest I'm fine with as I knew what I was paying going in.
Last edited by qwertyaas; 05-10-2012 at 11:12 AM..






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7/13/13

Maybe you should go back to the dealer this morning.






