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Prices Paid: Buying & Leasing Experiences Honda CR-V Lease Questions
602 messages, Last post on Dec 08, 2009 at 6:02 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: stevedebi (Feb 16, 2006 12:41 pm) 
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Replying to: stevedebi (Feb 16, 2006 12:41 pm) Or maybe CR-V leases... The point I was trying to make, there are no great leases of the late 90's when it was really cheaper to lease. These days, it is cheaper to buy. Unless there is some really hot lease program. Like BMW had a 325 for $199/month for 24 months with no money down a couple of years back. |
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Would appreciate current money factor and residual for the following: 2006 CR-V 2 Wheel Drive LX Auto This will be the 36mo / 12k mi program. How about Honda's acquisition fee? Thanks guys. |
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Hi - I have a question about my 2004 Honda CR-V lease. At the time I did it in 9/04 I had just come off a divorce and had a poor credit score (mid 500's). Now, my score is in the mid 700's and I am in a much, much better financial position. I like my car, but wondered what my options were... Can I trade it in and pay the penalty to get a lower payment? Or would it be too steep? Am I just stuck with my deal until the lease ends? I do have the option of paying it off if I want. But it seems that I would save money by making the payments and just paying the residual at the end. Am I right in this assumption? Thanks for any help.
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Replying to: dmjjpy (Feb 14, 2006 6:23 pm) Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: gollumandbilbo (Feb 15, 2006 5:59 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: fireboss2 (Feb 21, 2006 8:00 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: kingmob (Feb 22, 2006 2:03 pm) You can determine approximately how much it will cost you to get out of your current lease by comparing its purchase price to its value on the open market at this time. You should place a call to the bank that you are leasing your vehicle through to find out its exact price. Once you know exactly how much money it is going to cost you to buy your leased vehicle you need to compare it to its current value on the open market. You can find out approximately what your vehicle is worth by looking up its Edmunds.com True Market Value in the Used Vehicle Pricing section of this site. You also may want to stop by the following discussion: "Real-World Trade-In Values". One of our most knowledgeable community members, Terry, frequents that discussion and he is often kind enough to give community members who give him an accurate description of their vehicles with his opinion on their value. Don't forget to check to see if you are still on the hook for your remaining lease payments. The difference between your leased vehicle's current value and how much it will cost you to buy it plus any remaining lease payments that you are obligated to pay will equal the cost of getting out of your lease right now. You may find that you are better off waiting until you are closer to the scheduled end of your lease to get another new vehicle. Car_man Host Smart Shopper / Prices Paid Forums
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Replying to: Car_man (Feb 23, 2006 2:53 am) Can you provide the residuals and MF for a CRV SE, 36 and 48 mos, 12k miles? Thanks.
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Replying to: Car_man (Feb 23, 2006 3:08 am)
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