You can now lease a 2022 Civic LX Sedan from $199/mo for 36 months with $2,999 due at signing, based on 10,000 miles per year of driving and an MSRP of $22,695 with destination fees.

For the same model with annual mileage limit of 12,000 and $2,999 due at signing, my Honda dealer quoted me $244/month. Sport $248/month, EX $325/month and Touring $350/mo.

What has everyone else been quoted?

"The 11th-generation Honda Civic has launched with a $199/month lease deal that could be worth a look at as we approach this year's 4th of July holiday. Here's an inside look at whether the redesigned Civic is a good car to lease.

According to a leasing bulletin sent to dealers yesterday, the 2022 Civic LX Sedan starts at $199 for 36 months with $2,999 due at signing. That's based on 10,000 miles per year of driving and an MSRP of $22,695 with destination.

With an effective cost of $282/month, we consider this a relatively expensive lease. Here in Southern California, that's $42/month more expensive than a Hyundai Elantra SE ($240) and $30 more than the outgoing 2021 Civic LX ($252).

That said, we think the cheapest 2022 Civic lease may not actually be the best deal. That's because the payment on the mid-tier Civic Sedan Sport (MSRP $24,095) is just $10 higher even though its sticker price is $1,400 more expensive.

While the underlying lease rate on all 2022 Civics equates to 3.6% APR (based on a money factor of 0.00150), the Sport trim has a higher residual value than the LX (69% vs. 67%). Higher residuals typically translate to better lease deals.

The Sport trim also happens to have a lower amount due at signing of $2,799 (vs. $2,999 on the LX). As a result, its effective cost comes out to $287. That's $5 more than the LX and could represent a sweet spot for getting the best deal."