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Last post on May 22, 2013 at 4:13 PM
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Honda CR-V, Car Leasing, Wagon, SUV
Aug 06, 2012 (2:07 pm)
I had a 2010 Honda Accord that had 5 remaining payments on the lease. I turned it in early and had the remaining 5 payments (totaling $1450) into my new lease payment. I have the highest tier credit. I now leased a 2012 CRV - Ex AWD in New York. I had to put down $3000 ($1500 of it was for the old lease) and my monthly payments are $298 for 39 months, 10,000 miles per year. Is that a good deal? They initially wanted me to put down $5700. I know they start out high but am not sure if I ended up with a good deal. Obviously it's too late now but I'm just curious.
#1124 of 1230 Re: August lease rates in New York [billyk1]
by Car_man HOST
Aug 12, 2012 (7:06 am)
Hi Bill. Honda Finance's August buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX-L AWD with Entertainment and 15,000 miles per year are .00180 and 60%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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#1125 of 1230 Honda CR-V EX-L with Navigation Lease IL
by sharpalien
Aug 14, 2012 (12:00 pm)
Hi - How competitive the following lease rate is -
Honda Cr-V 2012 EX-L with Navigation
$369 per month for 36 months and 15,000 mile.
Sale Price - $28,473
Aquisition Fee - $595
Cap Cost - $29,068
+ TTL
Thanks in adv.
#1126 of 1230 MF/Residual Value for Aug - NY
by leasegirlny
Aug 19, 2012 (3:47 pm)
Could you please tell me the money factor and residual value for NY for the CR-V EX 4WD with 12,000 per year? 36 month lease.
Thanks!
#1127 of 1230 Deal or No Deal?! 2012 CRV EX-L 2 WD Lease
by hilease
Aug 21, 2012 (11:58 am)
Trying to decided whether or not to pull the trigger on a lease option for a 2012 CRV EX-L 2 WD. $26500 is the price on the vehicle with lease payments totaling $338 a month for 35 months (inlcuding tax), with zero down payment.
Should I take this deal?
I can afford to purachse the lower end model for $21,900 and zero down based on trade-in value. Can't decide if the lease option is a better deal or not.
#1128 of 1230 Honda CR-V EX AWD
by verinox
Aug 24, 2012 (1:58 pm)
Hi Car Man,
You've been awesome in the past with your info, and the time has come to ask you again!
I'm looking to lease a 2012 CR-V EX AWD, 36 months, 15k miles per year in Cleveland, OH. Can you give me the residual and money factor? And are there any special lease incentives going on for this model?
I did some rough math, and based on prior months where you've posted the numbers for this same lease arrangement, I should be around $315/mo with $1,000 down if I can negotiate down to invoice. Not sure if I did this right.
Thanks,
verinox
#1129 of 1230 Re: MF/Residual Value for Aug - NY [leasegirlny]
by Car_man HOST
Aug 27, 2012 (4:13 pm)
Certainly leasegirlny. Honda Finance's August buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX 4WD with 12,000 miles per year are .00180 and 62%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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#1130 of 1230 Re: Honda CR-V EX AWD [verinox]
by Car_man HOST
Aug 27, 2012 (4:15 pm)
Thanks verinox. Welcome back. Honda Finance's August buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX AWD with 15,000 miles per year are .00180 and 62%, respectively for consumers who qualify for its "Super Preferred" credit tier.
I don't believe that Honda is currently providing any cash incentives on this vehicle at this time.
Car_man
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#1131 of 1230 Honda CR-V EX -L AWD [Car_man]
by csg3
Aug 29, 2012 (2:45 pm)
Hello. Do you have the August lease info for an EX-L for both 12,000 and 15,000 leases please.
I am being quoted for a 36 month, 12,000 mile lease a payment of $369 with 0 money down. This is for an EX- L with mud guards and wheel locks. No Nav. The price is $27,304.
If we put $2,000 down it goes to $308. Also, if we decide to purchase instead of lease, 5 year financing is at 2.99%.
Do these numbers sound good? We are considering waiting a month to see if there are better deals to be had. Or ..... is this as good as it gets and we should stop being greedy.
What are your thoughts.
#1132 of 1230 Re: Honda CR-V EX -L AWD [csg3]
by Car_man HOST
Sep 11, 2012 (4:06 pm)
Hi csg3. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX-L 4WD with 15,000 miles per year are .00161 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
If I was in the market for a CR-V right now in an area that has a decent level of competition, I personally would shoot for a selling price of around $500 over dealer invoice. you can look up this car's exact invoice price over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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