Honda Fit EV Forum and Electric Car Forum

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 Post subject: Re: Lease extension beyond five years?
PostPosted: Tue Jun 13, 2017 7:00 am 
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Joined: Fri May 31, 2013 12:42 pm
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Location: Albany, NY
A couple of members on the Fit EV Facebook page have reported that there is not an option for a sixth year and have turned their cars in.

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 Post subject: Re: Lease extension beyond five years?
PostPosted: Tue Jun 13, 2017 5:08 pm 
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Joined: Fri Jun 07, 2013 10:49 am
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Location: Orange County, New York
Dang. That's very bad news.

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 Post subject: Re: Lease extension beyond five years?
PostPosted: Wed Jul 05, 2017 4:30 pm 
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I'd be tempted to lease another used FEV, but getting something with DC/Supercharging would be nice at some point.

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 Post subject: Re: Lease extension beyond five years?
PostPosted: Wed Jul 05, 2017 8:32 pm 
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BoostLE wrote:
I'd be tempted to lease another used FEV, but getting something with DC/Supercharging would be nice at some point.
My local Kia dealer has been giving deeply discounted leases on Soul EVs recently. Back in May they had a batch of 6 that went out for $129/mo, true zero down, 3 yrs/ 10-k miles. Last week, on the last day of the month they let two go for $89/mo. same zero down deal. I almost went for it but 10-k miles is simply not enough for me. I'm chomping at the bit for fast charging. I just completed a 400 mile weekend round trip in my Fit EV.

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 Post subject: Re: Lease extension beyond five years?
PostPosted: Fri Jul 07, 2017 9:10 am 
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blownb310 wrote:
BoostLE wrote:
I'd be tempted to lease another used FEV, but getting something with DC/Supercharging would be nice at some point.
My local Kia dealer has been giving deeply discounted leases on Soul EVs recently. Back in May they had a batch of 6 that went out for $129/mo, true zero down, 3 yrs/ 10-k miles. Last week, on the last day of the month they let two go for $89/mo. same zero down deal. I almost went for it but 10-k miles is simply not enough for me. I'm chomping at the bit for fast charging. I just completed a 400 mile weekend round trip in my Fit EV.


The unlimited mileage on our lease is definitely a great thing. I've had my eye on the Ioniq--the subscription plan they are offering is quite similar to our FitEV deal. There are three trim levels, and the nicest one has a lot of the latest safety features (ACC, lane assist, automatic emergency braking, etc.). Right now, the Ioniq EV has a range of 124 miles, but is rumored to be going up to 200 later this year. I could live with 124, but nothing less than that.


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 Post subject: Re: Lease extension beyond five years?
PostPosted: Fri Jul 07, 2017 9:12 am 
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An article on the 2018 Fit on Green Car Reports stated this:

Quote:
Honda wouldn't let lessees buy the Fit EV when the leases expired, but it did extend the lease period for two additional years in 2015.
A handful of Fit EV drivers have now received a second lease extension on top of that.


Are there any documented cases of anyone getting a second lease extension? I heard rumors that it would happen, then heard it wasn't happening.


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 Post subject: Re: Lease extension beyond five years?
PostPosted: Fri Jul 28, 2017 2:02 pm 
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I received approval on my second extension this week from HFS. Extends for one year and paperwork is required to extend it like my first extension which I have not yet received.


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 Post subject: Re: Lease extension beyond five years?
PostPosted: Sat Jul 29, 2017 10:16 am 
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Joined: Fri Jun 07, 2013 10:49 am
Posts: 189
Location: Orange County, New York
I wonder if Honda is just carrying the leases into 2018. My first extension ends in July, 2018, and I suspect I won't get a second extension. Or perhaps they are looking at mileage since it appears some have to turn in the car this year.

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