2012 Honda Civic LX Lease - $153 per month

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I have never leased car anytime but this deal looks appealing to me.

2012 Honda Civic LX auto sedan
$153 per month
No down payment but have to pay tax/tags/small processing fee which comes to around $1000
Standard 12K miles for yr for 3 yr lease.
Don't know what would be residual value but Honda usually have good residual value.
Any information will be helpful.

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Not sure why residual value matters on a lease.

Google is a friend to those who are "not sure why": http://www.edmunds.com/car-leasing/the-residual-value-of-leasing...

Is there an ad for this? What city or dealer?

It's in Washington DC metro. Honda Tyson's corner. Checked with other dealer but they are not offering same promotion.

buy it, it will be far less $
2013 release fixes this less than ideal 2012 version

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