Honda CR-V Lease Questions

1230 messages,  Last post on May 22, 2013 at 4:13 PM

You are in the Prices Paid - Buying & Leasing Experiences Forum.

What is this discussion about? Honda CR-V, Car Leasing, Wagon, SUV

#1104 of 1230 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 1230 Re: Dealer wants to buy out my lease [camokatu] by Car_man HOST

Jul 08, 2012 (3:26 pm)

Replying to: camokatu (Jul 07, 2012 4:24 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
Host
Prices Paid: Buying & Leasing Experiences Forum

#1106 of 1230 Re: Dealer wants to buy out my lease [Car_man] by camokatu

Jul 10, 2012 (7:38 am)

Replying to: Car_man (Jul 08, 2012 3:26 pm)
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 1230 Re: Dealer wants to buy out my lease [camokatu] by Car_man HOST

Jul 11, 2012 (4:10 pm)

Replying to: camokatu (Jul 10, 2012 7:38 am)
You're welcome camokatu.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1108 of 1230 July Lease rates by harrycomes

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 1230 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 1230 Re: July Lease rates [harrycomes] by Car_man HOST

Jul 15, 2012 (1:53 pm)

Replying to: harrycomes (Jul 12, 2012 6:51 am)
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
Host
Prices Paid: Buying & Leasing Experiences Forum

#1111 of 1230 July lease rates CR-V 2WD EX? by leasegirlny

Jul 22, 2012 (6:12 am)

Hi car_man,
 
Could you tell me the July lease rates for the 2012 CR-V 2WD EX with 12,000 miles per year option in NY? Thanks!

#1112 of 1230 July / Aug Lease for Honda CRV AWD - EX L / AWD LX by hondacrvnj

Jul 22, 2012 (10:40 am)

Replying to: leasegirlny (Jul 22, 2012 6:12 am)
Hi CAr_Man
 
I am in for lease for Honda CRV for either AWD EX L (rear DVD) / AWD LX
 
Let me know ;
 
1. which dealership in NJ has best deal now.
 
2. Expected monthly payment including Tax in NJ
 
3. I would like to put 0 down, not sure if I need to pay for any money other than first monthly payment.

#1113 of 1230 New CRV even possible? by pheat0n

Jul 25, 2012 (2:18 pm)

So I'm seeing the 2WD LX CRV on Honda's website for $239 per month lease. Is it unreasonable to think I can get a AWD LX for somewhere in that price range? I just don't want 2WD, because of our sometimes crazy winters. I'm in zip 68122. I have a trade which I estimate I can get about $2500 for. Am I way out of line?
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