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Honda CR-V Lease Questions

390 messages,  Last post on Oct 03, 2008 at 7:43 AM

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

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#119 of 390 Lease Questions.. by yf342 Feb 10, 2007 (1:32 pm)
Hi all, ooking to buy a Honda (in North NJ - Bergen County or close)   2007 CR-V, Std package 24months, 30k, 15k/year   2007 Accord SE V6 same terms   Could anyone help me find good deals on selected models? What's a good price range and should I be looking at Honda Finance Program or something else? Replies to this message: Car_man (Mar 05, 2007 4:55 am)
#120 of 390 Help me lease well... by frenchbuff Feb 10, 2007 (7:36 pm)
Hi Carman - I would like to lease a 2007 Honda CR-V EX 2WD in Westchester County, NY. The lowest price I've been quoted is $23,900 including the $595 destination charge (I hope?!). The dealers claim the car is so hot, they don't have any in stock...there is a 4-8 week wait. I know the MSRP is $23,445. How can I negotiate a lower price when the demand is so high? And what would be a good monthly price to pay for a 36-month lease, 15K miles/year, zero down OR $1000 down? Thanks! Replies to this message: Car_man (Mar 05, 2007 6:02 am) frenchbuff (May 03, 2007 6:26 pm) Car_man (May 08, 2007 3:42 am)
#121 of 390 honda crv exl 4wd lease by wreills Feb 23, 2007 (9:45 am)
what is a good deal on this vehicle, like to know the current money factor, and residual value %, a 3 year lease and 12000 miles a year Replies to this message: Car_man (Mar 06, 2007 4:00 am)
#122 of 390 2007 CRV 4WD LX lease by upstatenyer Mar 01, 2007 (9:51 pm)
Hello all   Carman, if you're out there, please reply, I need help in the next 24 hours!!   Looking to lease the above vehicle, MSRP with destination is 22,395.   Offered 0 down, 36 month, 36K mile lease for monthly payment of $356, with 8% NY State sales tax included. (so I guess without tax its zero down, 36 months at $329.63 per)   I dont know the residual and money factor for this vehicle, but is this a good deal or should I negotiate further, if possible. Seems to beat many other offers I see here.   What do you, or anyone out there think? Should I do it?   Thanks for the input.
#124 of 390 2007 CRV 4WD LX lease (MSRP with dest $22,395) by upstatenyer Mar 04, 2007 (6:10 pm)
OK, nobody replied, so I took the deal, figured I'd share what I actually paid:   Off the lot price (all DMV fees, reg, tire waste included):   359.60/month 36 months 12K miles   Even better, they let me put ZERO down (literally signed and drove off) and divided my total over 35 payments to start next month, making it 377.62 x 35 payments over 36 months.   What does everyone think? I know on the grand scheme of car buying its average, but for a HOT car at this time of year I thought it was the best I could do.   Oh, for everyone out there, dealer was Saratoga Honda, Saratoga Springs, NY, and I would give them my highest recommendation. They will negotiate over internet/phone/fax and deliver to other states as well, I may continue to use them if I leave the area!
#125 of 390 Re: 2007 CR-V EX -L 4WD w/ Navi - Lease [mmj] by Car_man HOST Mar 05, 2007 (4:46 am)
Replying to: mmj (Feb 06, 2007 9:34 pm) Welcome mmj. Honda is not currently providing any lease support on the 2007 CR-V. As a result, its lease program isn't great. I would be happy to use its current lease program to estimate what your monthly payment should be for the exact truck that you are interested in, but in order for me to do so I need you to provide me with its selling price. Always remember that the selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without knowing what this truck's selling price is, it is difficult to tell how good a deal you are getting. Let me know what this number is and I'll tell you what I think of this deal.   Car_man Host Prices Paid Forum
#126 of 390 Re: Carman (or anayone): Did I get a good deal? [superfille] by Car_man HOST Mar 05, 2007 (4:48 am)
Replying to: superfille (Feb 09, 2007 8:20 am) No problem, superfille. I am glad that you have learned so much from visiting this forum. Enjoy your new truck!   Car_man Host Prices Paid Forum
#127 of 390 Re: Lease Questions.. [yf342] by Car_man HOST Mar 05, 2007 (4:55 am)
Replying to: yf342 (Feb 10, 2007 1:32 pm) Hello yf342. Honda Finance probably has the best available lease program on both of the models that you are interested in. You should be able to get a good idea of what sort of selling price you will have to pay for these vehicles by visiting the following discussions: "Honda CR-V: Prices Paid & Buying Experience" and "Honda Accord: Prices Paid & Buying Experience".   Once you have decided what price you want to pay you can estimate these vehicles' lease payments by using the following lease programs. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2007 Honda CR-V LX 4WD with 15,000 miles per year are .00380 and 71%, respectively. As you can see, Honda's 24 month lease program for this truck is pretty bad. You would be better off leasing it for 36 months. The numbers for a 36 month, 15k lease of it are .00280 and 62%.   Honda Finance's current 24 month, 15,000 mile per year buy rate lease money factor and residual value for the 2007 Accord SE V6 are .00090 and 57%.   Car_man Host Prices Paid Forum
#128 of 390 Re: Help me lease well... [frenchbuff] by Car_man HOST Mar 05, 2007 (6:02 am)
Replying to: frenchbuff (Feb 10, 2007 7:36 pm) Hi frenchbuff. Honda has enough dealers in the New York area that it wouldn't hurt to shop around a little bit, but if no dealers have CR-Vs in stock, it is going to be difficult to get much of a discount on one. Let's work up a couple of sample lease payments for you based on different selling prices. Let's start with a selling price of full MSRP. According to my calculations, if you were to lease a 2007 Honda CR-V EX 2WD that has an MSRP and a selling price of $23,900 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment should be around $379. A $500 discount would drop this truck's payment to around $364. A $1,000 discount would drop it to $349. Lastly, a $1,500 discount would drop it to $333.   Car_man Host Prices Paid Forum Replies to this message: frenchbuff (May 03, 2007 6:26 pm) Car_man (May 08, 2007 3:42 am)

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