Last post on Dec 05, 2013 at 7:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda CR-V, Car Leasing, Wagon, SUV
#1231 of 1303 CRV EX Lease Proposal
May 26, 2013 (11:01 am)
First lease offered was Seattle Honda for an LX - $850 down and payment $320/mo. (3yr, 15,k) We really wanted an EX so I started Emailing dealers on the advice of this forum (great help) and worked up an Excel spread sheet to compare offers.
The following is what I have been able to negotiate. The deal will be signed June 1 when the new flex money comes in. I will hold off mentioning the dealer until I have the keys in my hand.
2013 Honda CRV EX
Cap cost 25,504 -500 (flex) = 25004
Residual (62%) $16,724
Money factor .00145
Lease $290 + tax = $319
Due at signing $795 (OTD) – Includes 1st month payment & license fees. ($500 loyalty credit included here)
Internet sales told me CRV has the highest money factor of all the Honda leases, likely because of demand. Car usually has about $500 in dealer add on junk but since it is coming in next week they will not install them and I can add my own.
Comments would be appreciated.
#1232 of 1303 Re: CRV EX Lease Proposal [rederic]
May 26, 2013 (9:52 pm)
---The deal will be signed June 1 when the new flex money comes in---
be careful. deal may be worse. residuals maybe down may to june. april=may but
weymoths showing 24064 may for awdex
#1233 of 1303 Re: april was a bad month to wait till the end [Car_man]
May 26, 2013 (10:05 pm)
and thank you car_man. i enjoy the crv and now my husband wants an older one but they're so expensive used. i posted in the car value forum and that nice member qbrozen replied confirmed silly crazy used price
this rides better with tires pumped up few pounds my husband says. i like the compass thing and the camera when backing up. passing is not so speedy but cruzed at 80+ today interstate and as husband sayed like a rock
he says the honda money factor interest was two high but we gotta good sale price and dealer was cool with the 35xmos signing so i'm happy. he's happy too
#1234 of 1303 Re: Early June leases vs last week in May [charles_guy]
May 27, 2013 (5:46 am)
thanks, charles guy! I'll tell all later.
#1235 of 1303 Re: CRV EX Lease Proposal [charles_guy]
May 28, 2013 (11:22 am)
Thanks for your comment.
I did study the Weymouth deal. It seems like all the dealers have different ways to calculate their numbers. The end result of their lease is the same $290/mo for 15k miles. The tax is higher here in WA and the OTD price is only $141 more. Monthly comes to $11 more with tax AND I don't have to go 3,000 miles to MA to get it.
This thread has been very helpful. Thanks to all who post.
Jun 05, 2013 (9:35 am)
any changes to this month's numbers re: MFs and residuals...most specifically looking at the CR-V EX-L AWD, 12K 36 mo lease
#1237 of 1303 Re: June Lease Rates [balaskonis]
Jun 11, 2013 (3:13 pm)
Hi balaskonis. Honda's lease program for the CR-V is exactly the same in June as it was in May.
Prices Paid: Buying & Leasing Experiences Forum
#1238 of 1303 2013 Honda CRV Lease Help
Jun 28, 2013 (1:58 pm)
I have a 2010 Honda CRV EX lease with 28k, payoff $16,200 that I would like to trade for a 2013 CRV lease. What should I be getting for trade-in value and how much should I be paying for 2013 model? Of course I want the best deal I can get so I'm looking for advice on how to go in and make a deal. I can payoff the 2010 and keep it or trade. Would it be better to buy it, then trade it? Any advice would be greatly appreciated as my lease is up in about a month. Thank you!
#1239 of 1303 Re: 2013 Honda CRV Lease Help [colleen178]
Jun 28, 2013 (5:21 pm)
Your 2010 CRV is definitely worth more than its $16,200 payoff. Post your question on the REAL WORLD TRADE IN VALUES thread here on town hall. Take your car to CARMAX to get a "buy bid" from them, then go to your dealer and see how much he will offer you to trade your leased car in (you can do this) instead of just turning into Honda. Let us know and keep us posted! Good luck!
#1240 of 1303 Re: 2013 Honda CRV Lease Help [nyccarguy]
Jul 04, 2013 (1:44 pm)
I went to the dealer yesterday to trade the 2010 CRV EX with 28K. They want $1000 down with payment of $295. They are giving me the car for $25300 but I can't remember the rest of the numbers. They wouldn't give me a copy of the deal! I went there at 5:15 they wanted to close at 6 because of holiday. I do know they gave me $500 college grad and $500 lease loyalty. Does this sound reasonable? The money factor, which I can't remember what it was, came out to around 3.2%. I'm supposed to go back tomorrow to make the deal.