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Honda CR-V Lease Questions

589 messages,  Last post on Nov 25, 2009 at 5:41 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#21 of 589
Re: Current Lease Program [Car_man] by fireboss2
Feb 23, 2006 (1:45 pm)
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Replying to: Car_man (Feb 23, 2006 3:05 am)

thanks Car_man
#22 of 589
Re: Current Lease Program [Car_man] by roosa
Feb 25, 2006 (7:01 pm)
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Replying to: Car_man (Feb 23, 2006 3:05 am)

Thanks again CarMan....leased a new 06 CRV-LX 2wd thru Honda Finance...again (see message 282 of Accord discussions) you were correct to the penny. Hopefully this CRV will last longer than the Accord..Best wishes and just a reminder to readers....whatever you lease...be sure it has side airbags and an air curtain...J. Roosa
#23 of 589
Re: Honda CR-V AWD lease info [soylentgreen] by Car_man HOST
Mar 12, 2006 (11:54 am)
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Replying to: soylentgreen (Feb 23, 2006 5:52 am)

I sure can, soylentgreen. Here you go. If you were to lease a 2006 Honda CR-V SE through Honda Finance right now for 36 months with 12,000 miles per year, its buy rate lease money factor and residual value should be .00144 and 59%, respectively. Honda's special lease for this truck is only available for terms as long as 36 months, so you don't want to lease it for longer than that. If you do, its money factor will nearly double.
 
Car_man
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#24 of 589
Re: Lease Question [kingmob] by Car_man HOST
Mar 12, 2006 (11:55 am)
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Replying to: kingmob (Feb 23, 2006 10:55 am)

You're very welcome, kingmob.
 
Car_man
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#25 of 589
Re: Current Lease Program [fireboss2] by Car_man HOST
Mar 12, 2006 (11:56 am)
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Replying to: fireboss2 (Feb 23, 2006 1:45 pm)

No problem, fireboss2. I'm glad that I was able to help you out.
 
Car_man
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#26 of 589
Re: Current Lease Program [roosa] by Car_man HOST
Mar 12, 2006 (12:00 pm)
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Replying to: roosa (Feb 25, 2006 7:01 pm)

You're welcome, roosa. I'm glad that the payment that I came up with matched the one that you were quoted. It sounds like you were in an accident. I'm glad to hear that you are
OK. Enjoy your new CR-V.
 
Car_man
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#27 of 589
leasing 06 CRV - SE by ics88
Mar 16, 2006 (8:36 am)
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Hi,
 
What is the current money factor & residual value of the 06 SE with 15K/year and 36 months lease?
 
The dealer quoted me $24,000 before tax, title , license.
 
BTW, I'm in Texas.
 
What would my monthly lease payment be? Assuming with no money down other than the security deposit and acquisition fee.
 
Do I have to pay the tax upfront or that would depend on my credit?
 
Thanks.
#28 of 589
Re: leasing 06 CRV - SE [ics88] by blueiedgod
Mar 16, 2006 (2:34 pm)
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Replying to: ics88 (Mar 16, 2006 8:36 am)

Don't have answers to other questions, but the tax will depend on your state. Tax has nothing to do with your credit. Money factor does. If your credit score is 700 or more and you have decent income to expense ratio you will qualify for whatever the special rate is.
 
In some states you pay tax upfront on the whole vehicle. In other states you pay tax on the payments.
#29 of 589
2006 CR-V SE Resdiual Rate by brandloyal
Mar 25, 2006 (7:16 am)
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To tag onto the quesion above, I too would like the residual rate for an SE model but the term would be 24 months and 12k miles/year.
Thanks
#30 of 589
Re: Be your own leassor [blueiedgod] by brandloyal
Mar 25, 2006 (5:38 pm)
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Replying to: blueiedgod (Feb 15, 2006 5:57 am)

blueiedgod,
I realize that this post is over a month old but I'm hoping you can answer this question. I too have sold my leased cars at end of term and turned a profit. Normally, I have the buyer send the payoff to the lease company to get the title and then the lease company sends me the overpayment (profit). This process also helps me avoid the sales tax if I were to buy the car myself ahead of the sale to a buyer.
Now with my Honda lease about to run out, I want to perform the same process since I have some equity in the car. The problem is, that AHFC wants me to use a dealer to act as the middleman. A potential buyer would have to pay a dealer who in turn would buy the car and then turn the title over to the new owner.
This seems cumbersome to me. What did you do for your lease end buyouts?

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