1237 messages,
Last post on Jun 11, 2013 at 4:13 PM
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Honda CR-V, Car Leasing, Wagon, SUV
#1101 of 1237 Re: June Lease programs? [abelloso]
by Car_man HOST
Jun 19, 2012 (3:55 pm)
Hi abelloso. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EXL FWD with 12,000 miles per year are .00195 and 62%, respectively for consumers who qualify for its top credit tier.
Honda really isn't providing any support on the CR-V right now, it's lease program is so-so and there's no cash.
Car_man
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#1102 of 1237 Re: CR-V LX lease [burgen]
by Car_man HOST
Jun 19, 2012 (4:40 pm)
Here you go burgen. Honda Finance's June buy rate lease money factor and residual value for a 24-month lease of a 2012 CRV LX AWD with 12,000 miles per year are .00195 and 72%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical 36-month lease are .00195 and 65%.
Car_man
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#1103 of 1237 Re: June #'s for CRV EXL [jen71]
by Car_man HOST
Jun 19, 2012 (4:41 pm)
Hi jen71. Honda Finance's June buy rate lease money factor and residual value for a 36-month lease of a 2012 CRV EXL AWD with 12,000 miles per year are .00195 and 63%, respectively for consumers who qualify for its top credit tier.
Car_man
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#1104 of 1237 Dealer wants to buy out my lease
by camokatu
Jul 07, 2012 (4:24 pm)
I am currently leasing 2011 Honda CR-V. Got a call from dealership where I leased this car and was told, "We are in need of 2010-2011 Hondas so we can increase inventory of our used vehicles and want to buy out your vehicle." I was told that they would buy the car and get me 2012 car lease on the same car for same or lower price. Is this normal practice or something is hidden is this offer? I am 1.5 years into 3 years lease on this car.
Thanks!
#1105 of 1237 Re: Dealer wants to buy out my lease [camokatu]
by Car_man HOST
Jul 08, 2012 (3:26 pm)
Hi camokatu. this is a typical line that dealers drop on their former customers from time to time. While yes the dealer might indeed want to increase its inventory of used vehicles, they aren't going to necessarily going to be able to get you as good a deal on your next car as you would get by waiting until the scheduled end of your current lease, or close to it. Of course, it doesn't hurt to listen to them, but I would be very surprised if the dealer was able to get you out of your current lease a year and a half early and into a new CR-V for less than what you are paying right now...unless your current payment is absolutely terrible.
Car_man
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#1106 of 1237 Re: Dealer wants to buy out my lease [Car_man]
by camokatu
Jul 10, 2012 (7:38 am)
Thanks Car_man,
I figured that much, but I guess I am going to see what they say, may be I can switch leases for CR-V and Pilot. CR-V is my wife's car and I have Honda Pilot, which is also 1.5 years into a lease. I wanted to switch to something less gas hungry as we don't utilize Pilot for what it's worth so I was thinking Honda Accord. I read some rumors that 2013 is on its way, but can't find any concrete information - I think if it's going to come out it's going to be August-September 2012? I don't necessarily want 2013, but what do you lease prices for Accord EX manual transmission go for, given that 2013 is about to come out?
#1107 of 1237 Re: Dealer wants to buy out my lease [camokatu]
by Car_man HOST
Jul 11, 2012 (4:10 pm)
You're welcome camokatu.
Car_man
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Jul 12, 2012 (6:51 am)
Hi Car man,
Can you tell me the lease rates for a 2012 CRV-EX and EXL for 36 months 15,000 miles in NY?
#1109 of 1237 Good 2012 Honda CR-V lease deal ?
by stephen72
Jul 12, 2012 (10:22 am)
Hi,
I recently moved to Boston from abroad, so don't have a credit history yet and have negotiated the following lease deal for a 2012 Honda CR-V EX, 12,000 miles per year....
1. Money factor of 0.0033, I'm told that Honda and not the dealer sets this rate, approx. 7.92% APR
2. The term is 33 months (not 36)
3. Base cap cost of the car is $25,488 which is the Kelly blue book fair price.
4. Down payment of $6,000 which includes the first months payment, registration fees, plates etc...so it's more like $5k down and $1k for the other costs
5. Monthly repayments of $267
That is as low as they would go, so I just want to understand if this is in the right ball park. I estimate that with a good credit rating and a money factor of say 0.00195 (4.68% APR) then the repayments would come in at around $225, so I'm paying about $40 per month over the odds.
Does this sound reasonable ?
All advise & comments welcome.
Thanks.
#1110 of 1237 Re: July Lease rates [harrycomes]
by Car_man HOST
Jul 15, 2012 (1:53 pm)
Here you go harrycomes. Honda Finance's July buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX 4WD with 15,000 miles per year are .00180 and 62%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a '12 CR-V EX-L 4WD are .00180 and 60%.
Car_man
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