Fit Lease Price?

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#21

03-27-2006, 09:25 PM

willmax11

Member

Join Date: Mar 2006

Location: Manitoba Canada

Posts: 347

For the first time today Honda Canada lists the Fit in the lease page.
Not sure if the link will work for everybody, provinces also have diff. sales tax rates. We all pay the GST. If the feds reduce it to 6% it works out
to about a $196 saving.

Here is the link; http://www.honda.ca/HondaCA2006/Fina...pe&yr=2005&L=E

The link defaults to the first in the drop down list-Accord.
Fit models are at the very btm.

#22

03-28-2006, 12:15 AM

fitforlife

New Member

Join Date: Mar 2006

Location: Vancouver

Posts: 23

Quote:

Originally Posted by Titans

Bought my first used car in 1998 for $6000.
Never leased a car before and my old car burned out last Tuesday.
Currently tight on cash, and need a new car, Fit looks nice and it's by honda.

How much should I put down to make the monthly payment lighter?
It will cost me around $600/month ball park to finance it, can't affort it when I have a kid. Hate getting a used car cause I don't want to visit the mechanics every month.

Thanks

North Vancouver Honda told me $2000 down on a 48 month lease would work out to about $320 month including tax on a Fit LX. About $20/month for each additional $1000.

#23

03-28-2006, 09:18 AM

SBC31

Member

Join Date: Dec 2005

Location: Canada

Posts: 57

Looks like the interest rate on leasing is 7.95%... Not sure how much room Honda will be able to lower that.

#24

03-28-2006, 12:05 PM

HashiriyaS14

Member

Join Date: Feb 2006

Location: DC Metro Area

Posts: 158

6.29% is Honda's "Super Preferred" buy rate?

That sorta sucks. My credit union will give me 5.49% on a new car up to like 72 months, lower for shorter terms. I could probably even beat that somewhere else.