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Prices Paid: Buying & Leasing Experiences Honda CR-V Lease Questions
381 messages, Last post on Aug 15, 2008 at 1:35 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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This is the deal the dealership is willing to give me on a new 2008 CR-V EX AWD in Columbus, OH. Also, we are trading in a gas-guzzling 2006 Honda Pilot 4WD (averages 15 mpg, so we are downsizing and hoping for an overall average of 20 mpg on the CR-V). We owe 23500 and the dealer will give us $21800. This was the best appraisal we got from 7 different dealerships. So with that said, here is the breakdown: -2008 CR-V EX AWD - $23900 (about halfway between MSRP and Invoice) -$0 down (except first month's payment) -39 month lease. We wanted a 36, but the 39 actually shaved off over $20 on the monthly payment, and 3 months past warranty is, to me, no issue. -15K miles per year -Residual is 62% (residual for 36 month was the same) -$420/month We actually got a 0.0023 Money Factor, which seems to be lower than most I have researched. Anyone with information on whether or not they think this is a good deal considering the trade-in and not placing any money down (which I would never do on a lease), and also if the 39 mo. vs the 36 mo. is a good choice to save over $20 per month, it would be greatly appreciated as we plan on signing the papers and picking up on Monday. Thanks!
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I AM CURRENTLY LEASING 2005 HONDA CRV MY LEASE IS GOING TO EXPIRE IN MARCH 2008 .THE DEALER IS OFFERING ME 15900$ INCLUDING TAX +600$ DEALERS FEE I WANT TO ASK U IS THIS A GOOD DEAL TO GO WITH OR SHOULD I BUY A NEW CRV WHEN THE LEASE EXPIRE OR WAIT TILL MARCH TO GET A BETTER OFFER.THIS 15900$ OFFER IS FOR NEXT WEEK.
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Hi there - I am interested in buying a Honda CRV in the near future (less than 30 days). I have a trade-in of a 2002 VW Passat that I think is better of being traded in to the dealer versus sold privately. I should get about $3K for it. Does that automatically put me in the "buy" camp - as I don't like to put money down on a lease. Are there other options? If I had to go this route, about what could I expect my monthly payments to be for a 3 year (would consider a few more if it makes it easier / cheaper). Any advice? I appreciate it! Being female - any advice in car buying is appreciated! It's a jungle out there! ShaMcc
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Replying to: cjconnor (Oct 28, 2007 6:35 am) If I were you, I'd be hesitant. The thing is that I'm in Mass and I'm getting internet quotes of $20K-21K for an 08 CR-V. Now, I'm getting quotes on an LX so that may have a big part to do w/ it, but for a lease I'm also getting quotes of $300 a month. Not $420. You may want to separate the two transactions - getting rid of your lease and buying the new vehicle. Just my thoughts. Good luck. |
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Hi Everyone, So I just got back from Boch after signing up for a 08 Civic LX (  230/mo, 15K mi/yr, 36 months). Oh ya, did I mention this was after lusting after an CR-V for the last week or so? Anyway, I spent the last week contacting more than 18 dealers around Greater Boston and a few in New Hampshire via email. Based on this research, this may provide some insight into what dealers are doing or willing to do in terms of pricing for the CR-V. Email requests for quotes from dealers lead to internet only deals for an 08 CR-V LX (4wd). Internet prices were $20371 to mid $21K or so. The per month payments were mostly around $300/mo, $315/mo, $330/mo, some all the way up to $350 or more! Finally, I picked up the phone and the best deal I could've gotten was through Boch for $277/mo plus $671 due at signing. Nothing down. I wish I could've afforded it...The price was based on below invoice (a couple hundred buck apparently) - I think it was $20,567 w/ a money factor of .0028. Hope that helps you guys still in the market.
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I'm in the market for a 2008 CRV and have requested quotes from local dealers. I'd be very interested in knowing the residual and MF for a 2008 CRV AWD. I'd like to know this for both 12K and 15K miles. Also, I have a question regarding the security deposit and disposition fee. I've included a link below which I've found very useful in helping me figure out the payment. http://www.edmunds.com/advice/leasing/articles/48365/article.html What I'd like to make sure is whether I need to include the security deposit and disposition fee as part of the net capitalized cost. I'm referring to #4 (in the link above) which is the "Invoice price of car minus incentives (net capitalized cost)". Thanks!
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Hi, I will be deciding between a CR-V and the Pilot and would greatly appreciate the November 2008 money factor and residual for this car (2008 CR-V EX-L AWD - no nav) to aid in figuring out how they lease out. Looking for 36 months and 12k miles per year. Thanks!
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Replying to: friendlyleaser (Oct 09, 2007 8:47 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: shtirlets (Oct 19, 2007 8:06 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: shtirlets (Oct 22, 2007 3:17 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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