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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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#41 of 589
Deal or No Deal by dubblernr
May 01, 2006 (12:09 pm)
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CRV LX AWD (basic AWD)
 
282.00 a month (Includes EVERYTHING)
36 months
12k miler per year
0 money down
 
Thanks...
#42 of 589
Lease Availability by bonaire
May 21, 2006 (3:58 am)
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We have been told by a local dealer that Honda does not normally offer lease incentives during the months of August and September as the new models are out and Honda does not want to detract from them in terms of sales. Our current lease expires in September and we have been advised to do a lease in late August including a cost for buyout of our present lease. Has anyone had any experience with this situation or is this an attempt to push us into an earlier lease?
#43 of 589
Re:Lease Availability by bonaire
May 21, 2006 (5:03 am)
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The previous post#42 should have said late July not late August for lease date.
#44 of 589
Re: Lease Availability [bonaire] by blueiedgod
May 22, 2006 (6:45 am)
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Replying to: bonaire (May 21, 2006 3:58 am)

We have been told by a local dealer that Honda does not normally offer lease incentives during the months of August and September as the new models are out and Honda does not want to detract from them in terms of sales.
 
Yeah, but they DO offer great incentives on the outgoing model!
#45 of 589
Re: Deal or No Deal [dubblernr] by Car_man HOST
May 23, 2006 (2:40 am)
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Replying to: dubblernr (May 01, 2006 12:09 pm)

Hi dubblernr. You never mentioned the selling price or MSRP of the CR-V that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this truck's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion on this deal if you let me know what these numbers are.
 
Car_man
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#46 of 589
Update on Lease Info for CRV EX 4WD by dtny
May 23, 2006 (6:24 am)
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Has the lease numbers (ie Money Factor, residual) change for the 2006 CRV EX 4WD? Can you post the numbers here again. Looking to return my current lease (2003 Camry) for a new CRV lease real soon. Any information would be helpful!
 
BTW looking to do 36 mons, 12K per year, no money down, excellent credit - also looking at the RAV4 - any comment on this?
 
Much appreciated!
#47 of 589
Re: Lease Availability [bonaire] by Car_man HOST
May 23, 2006 (8:07 am)
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Replying to: bonaire (May 21, 2006 3:58 am)

Hi bonaire. This sounds like a way for the dealer that you are speaking with to get you into a new vehicle a month earlier than you normally would. Honda almost always has special lease support or dealer cash on at least some models. If it is providing support on the CR-V now, it almost certainly will be doing so later on this year. Consumers rarely come out ahead by getting out of leases before their scheduled end dates.
 
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#48 of 589
Re: Update on Lease Info for CRV EX 4WD [dtny] by Car_man HOST
May 23, 2006 (8:10 am)
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Replying to: dtny (May 23, 2006 6:24 am)

I'd be happy to help you out, dtny. If you were to lease a 2006 Honda CR-V EX 4WD 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.
 
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#49 of 589
Lease on a CRV 2WD LX by brianb
Jun 12, 2006 (6:24 pm)
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I have a quote from Open Road Honda for $17,800 not including tax and tags. Could you tell me what the lease would be for 36 months. I do not know what the money factor or residual is.
 
Thanks
Brian
#50 of 589
Re: Lease on a CRV 2WD LX [brianb] by Car_man HOST
Jun 13, 2006 (3:13 am)
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Replying to: brianb (Jun 12, 2006 6:24 pm)

Hi Brian. I can give you an idea of what this truck's current lease program is like, however I need you to provide me with its full MSRP in order for me to estimate what its monthly payment should be. If you were to lease a 2006 Honda CR-V LX 2WD through Honda Finance right now for 36 months with 15,000 miles per year, its buy rate lease money factor and residual value should be .00144 and 57%, respectively.
 
Car_man
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