Thank you to our Southport (Merseyside) personal lease customer for sending through pictures of their new car – the Honda Civic.
Admittedly, Honda is not one of our volume brands and has, over the last 5 years, been more of a niche product.
We find that some customers just want a Honda; it is very rare that a customer will speak to us about a different brand (for example a Ford or Volkswagen) and then swap across to Honda.
The popularity of manufacturers is very cyclical; many will experience highs and lows as social and economic trends vary. In a growing and buoyant economy, more prestigious brands like Land Rover, Mercedes, BMW and Audi have been the choice for many personal and business customers whether small or big car. However, as Britain moves to uncertainty on many fronts, buying attitudes have already begun to change.
Only today, the BBC reported that Jaguar Land Rover have reported further job losses as they try to make around £2.5 billion of cost-savings. As we will discuss below, is it really panic stations or is this just reflective of how things change?
Already we have been receiving enquiries from customers about what are the “Best Car Leasing Deals of 2019”. In our industry, January can often be a slow-start as there are number of important (and time-intensive steps) which need to be undertaken in order to procure vehicles.
Finance companies need to set residual value rates – these depend on auction pricing, social, economic and political changes. Manufacturers need to agree on annual volumes, discount levels and specific targets. Car dealerships and leasing brokers need to set plans for the year ahead and work towards agreed budgets.
The 1st week of January is often a little early for this to be achieved. So when is the best time to lease a car in 2019? In truth, not even we know as to when this will be; the varying influences make it almost impossible to calculate when you should be making your purchasing or leasing decision. In most cases, it is simply luck that you landed on a deal at the right time.
In terms of the car shown, the Honda Civic Hatchback 1.0 VTEC Turbo SR 5 Door CVT (Petrol Automatic), this is based on the following configuration:
· Lunar Silver Metallic Paint
· Cloth – Black
· 17″ Alloy Wheels
As standard the car includes automatic rain sensing wipers, privacy glass, collision mitigation braking system, emergency stop signal system, hill start assist, stability assist, Apple car play, Bluetooth, adaptive cruise control, forward collision warning, front/rear parking sensors, lane departure warning system, lane keep assist, rear parking camera, traffic sign recognition, automatic retractable door mirrors, electrically adjustable heated door mirrors, connect with Garmin sat nav, DAB, body coloured externals, automatic headlights, front fog lights, LED daytime lights, climate control, alloy pedals, paddle shift controls, ambient lighting, electric lumbar support, immobiliser, remote central locking with ultrasonic alarm and 17” alloy wheels. In terms of additional factory options, Honda do limit this in that you can only add aesthetic packs (premium/orange/black line) or upgrade the alloy wheels. As WLTP bites, you will see less and less choice for customers in this department.
On the technical-side, company car and business users can note the P11d at £22,465.00 and CO2 at 114g/km. The 988CC automatic petrol engine offers 56.5 combined MPG, 0-62 times of 10.8 seconds and 129ps.
So would you select the Honda as your next leasing option? Or would the VW Golf, Ford Focus or Hyundai i30 get your vote?
Find the best lease deals online for the new Honda Civic @CarLease UK – or – check out more family cars below…
