Getgovgrants helps you find the best Honda Civic Type R lease deals from approved providers. You can compare Honda Civic Type-R lease offers and then tailor the offer to your needs by changing the lease length, down payment amount and your annual mileage. And all of our Honda Civic Type-R lease vehicles come with free shipping.
What Is a Honda Civic Type R Lease Deals?
A Honda Civic Type R lease deals is essentially a long-term rental contract for this high-performance vehicle. Instead of purchasing the car outright, you make monthly payments over a set period of time, usually 24 to 48 months.
At the end of the lease, you have the option of returning the car or purchasing it at a predetermined price. Check out these amazing Honda Civic Lease $59 With No Hidden Charges.
Best Honda Civic Type R Lease Deals Near Me
Start with online research
Start your search for the best Honda Civic Type R lease deals by doing extensive research online. Visit the official Honda website and authorized dealer websites. Look for promotions, special offers and incentives.
Compare dealer offers
Not all dealers offer the same lease deals, so it’s essential to compare deals from multiple dealers. Visit nearby Honda dealers or check their websites to gather information about lease terms, down payment requirements and monthly payments.
Check Lease End Options
Understanding lease termination options is vital before signing any agreement. Learn about excess mileage terms, vehicle condition expectations, and the process for returning or purchasing the Honda Civic Type R at the end of the lease. You can also buy out the vehicle at the end of the lease.
Why lease your Honda Civic Type-R
Simple and convenient
Simply specify the contract period, the down payment and the monthly leasing rate and then receive your Honda Civic Type R for free. At the end of your tenancy, simply return the keys.
More car for your money
Because the costs are typically lower than other financing methods, you can afford to drive a higher-spec Honda Civic Type R lease deals.
Warranty and taxes included
Honda Civic Type R lease deals include lifetime road tax and a full manufacturer warranty; All you need to do is take out insurance.
Best Lease Deals on Honda Civic
Why is it so great to lease the Civic Type R? Finally, there are no special leasing rates for the new Type R, according to the latest leasing bulletin that Honda sent to dealers. There are also no manufacturer discounts for the Type R, which is likely because the car has the highest residual values of any Honda model.
The downside is that the Civic Type R is known among dealers for its extreme profit margins and the numbers in question are only estimates that do not take into account market adjustments or any taxes or fees. Therefore, there is absolutely no guarantee that Type R buyers will be able to get one for $600 per month.
Still, leasing a 2024 Civic Type R can be a better deal than buying one. Honda’s announced interest rate for the new Type R is 5.49% for 72 months, which equates to a payment of $719 per month. While loans of up to 60 months have a lower financing rate of 4.99%, this increases the payment to $830 per month.
You can also get a $99 Car Lease No Money Down without any hidden charges and additional fees.
2024 Honda Civic Type R Monthly Payment
The difference compared to the average American car owner is likely driven by the car’s $22,027 price point. We found that the average APR on a 2019 Honda Civic Type R loan is 6.87% over 68 months with monthly payments of $393.
We also estimate that monthly payments on a 2021 Honda Civic when the auto loan refinances the vehicle could be in the range of $267 based on interest rates as low as 8.1% APR.
Honda Civic Type R Lease Price
Compared to a 2024 Toyota GR Corolla, the Civic Type R seems like a real bargain. As CarsDirect reported yesterday, the new 300-horsepower hatchback has an initial interest rate of 8.96% for 72 months. Although the MSRP is lower, this could make the GR Corolla more expensive to buy than a Type R.
At an APR of 8.96%, a 6-year loan for the midsize GR Corolla Circuit Edition (MSRP $43,995) would cost about $57,035 to $792 per month. At 5.49%, the cheapest Type R ($43,990) would cost $51,732 to $719. That’s a difference of more than $5,300 in favor of the new Civic Type R, assuming you can get one at MSRP.
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Car Lease Calculator
When leasing, you only borrow enough money to cover the loss in value of the vehicle during use. Depreciation is the reduction in value of the vehicle due to age and use. Let’s take the same $50,000 car from the example above.
Let’s say you lease it for three years and over those three years it will depreciate by $20,000. This $20,000 is the amount you effectively borrow from a lender when you lease a car.
Also Read: How To Get a 6 Month Car Lease No Deposit
Instead of an interest rate, you’ll be charged a money factor (which is actually the same thing as an interest rate; it just has a different name). After paying off the $20,000 over three years, you turn the vehicle back into the lender.
You never own it, and when your lease is up, you can simply walk away from it without having to pay any more lease payments. Use car lease calculator tools to get accurate monthly payments.
Conclusion
Leasing a Honda Civic Type R can be a great way to experience the thrill of this high-performance vehicle without committing to long-term ownership. Honda Civic Type R Lease Deals offer lower monthly payments, warranty protection, and access to the latest models. However, it is important to understand the terms of the lease, upfront costs, and associated responsibilities.
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