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Honda CR-V Lease Questions

1229 messages,  Last post on May 21, 2013 at 11:22 PM

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

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

Messages Page 120 of 123

#1190 of 1229 Re: Lease or Buy? CRV EX-L AWD no Nav in MI [Car_man] by profitzone

Mar 09, 2013 (3:27 pm)

Replying to: Car_man (Mar 03, 2013 7:41 am)
Hi Car man, - Any update on the current buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX-L AWD with 12,000 miles per year now that the March 5 lease program has been rolled out? Thanks in advance for your help.

#1191 of 1229 Re: Lease or Buy? CRV EX-L AWD no Nav in MI [profitzone] by Car_man HOST

Mar 11, 2013 (4:20 pm)

Replying to: profitzone (Mar 09, 2013 3:27 pm)
Here you go profitzone. Honda Finance's March buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX-L AWD with 12,000 miles per year are .00145 and 62% for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1192 of 1229 Good deal on 2013 CRV EX AWD? by ko10

Mar 26, 2013 (4:36 pm)

Hello Car_man,
I'm about to lease a 2013 CRV EX AWD (no accessories):
- Negotiated sale price $24,200 + $830 delivery charge = $25,030 total
- 36 month, 12,000 miles / year lease
- 1st months lease payment + $1,970 for taxes, dmv fees, doc fee, bank fee due at closing
- No money down
- 0.00145 money factor & 64% residual from Honda finance, no exit fees, $1500 wear & tear allowance
- $287.20 lease payment / month
What do you think? Is it a good deal? Anything else I can try to negotiate? Do you think it is better to include the $1,970 for taxes, dmv fees, doc fee, bank fee due into the lease and pay about $60 more per month?
Thank you!

#1193 of 1229 LOWEST MILES LEASE by superchief20

Mar 27, 2013 (7:29 am)

CAR MAN:
Does Honda have a lease on this CRV EXL for a low mileage lease, such as 7500 miles a year?
If not, what is the lowest miles lease?
What are the cost factors?
Thanks

#1194 of 1229 Re: Good deal on 2013 CRV EX AWD? [ko10] by Car_man HOST

Apr 07, 2013 (7:45 am)

Replying to: ko10 (Mar 26, 2013 4:36 pm)
Hello ko10. The money factor that you were quoted for the CR-V is right on the money. Let's take a look at the selling price.
 
The dealer invoice price of a 2013 CR-V EX AWD is $25,379. The selling price that you were quoted is lower than that, so it looks great.
 
If you like the vehicle, I personally don't see any reason not to go for it. I can go either way on the stuff that's due at lease signing. You definitely shouldn't pay a cap cost reduction and it certainly is best to roll as much as you can into your vehicle's payment so you don't lose out on it if your vehicle is totaled, but a ton of people pay things like the acquisition fee and other fees at signing and it's not the end of the world. Definitely never pay a cap cost reduction.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1195 of 1229 Re: LOWEST MILES LEASE [superchief20] by Car_man HOST

Apr 07, 2013 (7:47 am)

Replying to: superchief20 (Mar 27, 2013 7:29 am)
Hi superchief20. Most Honda Finance leases are with either 15,000 or 12,000 miles per year. I suspect that it offers leases with 10,000 miles per year. I have a feeling that it might not offer 7,500, but it doesn't hurt to ask.
 
Whatever mileage allowance you choose to go with, Honda Finance's current buy rate lease money factor for the 2013 CR-V would be .00145 for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1196 of 1229 Re: LOWEST MILES LEASE [Car_man] by superchief20

Apr 07, 2013 (2:35 pm)

Replying to: Car_man (Apr 07, 2013 7:47 am)
Thanks Car Man.
I will get back to you when I shop seriously in May.

#1197 of 1229 Flex-Cash for a 2013 CR-V LX AWD lease? by contract_build

Apr 07, 2013 (4:13 pm)

Car_man,
 
Thanks again for the alert on the Accord in that car's respective forum. I just checked inventories my way and there are no CR-V FWD's.
 
I wish to know if there is any flex-cash on the AWD LX this month?
 
Have a great afternoon,
builder

#1198 of 1229 Lease Deal on 2013 CR-V LX AWD by bos2aus

Apr 08, 2013 (4:37 pm)

Hello Car_Man,
 
Do you think this is a reasonable deal?
 
2013 CR-V LX AWD
36 months / 15k miles
Monthly: $285
Fees at signing: $503
Cap cost: $23,069
Residual: $15,422
Money factor: .00145
Wear & tear allowance: 1500
Exit fees: unknown at the moment
 
Thanks!

#1199 of 1229 Re: Lease Deal on 2013 CR-V LX AWD [bos2aus] by contract_build

Apr 09, 2013 (8:05 am)

Replying to: bos2aus (Apr 08, 2013 4:37 pm)
Reading your post info in a typical way, it looks as if your doing 15k/year-45k/36 months?
 
Just remember that Honda's warranty (other than that powertrain stuff blah blah blah) only goes for 36k/3 years. You'll be left somewhat unwarranted.after a cumulative 36k...
 
Prob'ly not much risk but just something to keep in mind.
 
I like the idea of a template and you're thanked for using a legible format, but you'll probably want to delete the "exit fee" category as Honda Lease Trust leases don't have any termination fee, a big +!
 
Also, that $1500 damage credit (I just learned after reading the fine print) is separated into 3 "events" x 500. So, let's say you have one fender-bender for $1500: you'll be liable for $1000 and have another two "events" of 500 each remaining.
 
Hey, better than nothing huh?

Messages Page 120 of 123

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