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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
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Replying to: Car_man (Feb 23, 2006 3:05 am)
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Replying to: Car_man (Feb 23, 2006 3:05 am)
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Replying to: soylentgreen (Feb 23, 2006 5:52 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: kingmob (Feb 23, 2006 10:55 am) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: fireboss2 (Feb 23, 2006 1:45 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: roosa (Feb 25, 2006 7:01 pm) OK. Enjoy your new CR-V. Car_man Host Smart Shopper / Prices Paid Forums |
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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.
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Replying to: ics88 (Mar 16, 2006 8:36 am) In some states you pay tax upfront on the whole vehicle. In other states you pay tax on the payments. |
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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
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Replying to: blueiedgod (Feb 15, 2006 5:57 am) 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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