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Honda CR-V Lease Questions

567 messages,  Last post on Nov 09, 2009 at 9:25 AM

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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#434 of 567
2009 crv lease- decent offer?? by carshopping
Jan 28, 2009 (6:54 pm)
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Here's what I was given:
MSRP: 27765
Cap cost: 26100
12k miles/yr
.0028
36 months
59% residual
CRV EX-L no navig.
They said monthly price (without tax) was 410.00...based on numbers, I think it should be in the 380 range...
 
Can I do better??? What about 500 Manufact rebate to dealer?
#435 of 567
Re: 2009 crv lease- decent offer?? [carshopping] by sassydog
Jan 28, 2009 (7:29 pm)
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Replying to: carshopping (Jan 28, 2009 6:54 pm)

With tax that comes to 445 in my state of NY....so i guess my 435 with tax is just about the same??
 
I thought I got a better deal
#436 of 567
Re: 2009 crv lease- decent offer?? [sassydog] by carshopping
Jan 29, 2009 (3:44 am)
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Replying to: sassydog (Jan 28, 2009 7:29 pm)

Here's what I think I should do, tell me if I'm way off base...
msrp: 27765
 
negotiated price of car: 25300 (invoice is 25800, and honda is giving dealer 500)
 
money factor: .0028 (my husband says to go down on this, not sure they'll budge??)
 
36 months (i keep seeing stay away from 39)
 
12K/year (I'd like 15, but not sure how much that will impact price if I ask 4 this)
 
By my manual calculations, monthly cost should be 365.00 (no tax yet..)
 
***also...I see on the "buying crv forum that people are negotiating a purchase price of 24,000 for this car"...
 
My tax is 5.5%, I live in midwest..NE
#437 of 567
2009 CRV EX-L no Nav by iceyhotj
Feb 14, 2009 (9:05 pm)
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Hi,
I was at the dealership today (North Hollywood, CA Robertson Honda) negotiating for a lease on this car. After A LOT of back and forth I walked out on 60 months at $330 with them paying the last two months of my current Mazda Tribute but me putting down $500 (basically evens out). However, I'm wondering if buying at that price instead (if the dealership would go for it) is a good deal. Any thoughts, help or suggestions are greatly appreciated (I also posted this in the buying forum but thought I would see what people here had to say about the lease option).
Thanks!
J
P.S. I've leased for nine years so buying is a REALLY big deal to me.
#438 of 567
Re: 2009 CRV EX-L no Nav [iceyhotj] by chuck68516
Feb 15, 2009 (9:18 am)
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Replying to: iceyhotj (Feb 14, 2009 9:05 pm)

It is a risk leasing for 39 months let alone 60 MONTHS!!! If you lease a car for longer than the factory warranty you are responsible for all problems after warranty has expired. Not to mention tires, brakes, alignment, etc. etc. Why would you even consider this? BUY IT!!! Or go to an honest dealer who isn't trying to pull a fast one on you and lease for 24-36 months.
#439 of 567
Re: 2009 CRV EX-L no Nav [chuck68516] by iceyhotj
Feb 15, 2009 (11:52 am)
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Replying to: chuck68516 (Feb 15, 2009 9:18 am)

Thanks chuck68516!
 
Unfortunately (after much research) it looks like the Honda CR-V EX-L with no Nav is going to end up out of my price range for leasing and buying. I really don't want to spend more then about $300 or so a month on a car payment and that doesn't seem possible with this vehicle. In fact I'm not sure it's going to be possible with any small SUV. Guess a lot has changed from when I last leased a car (about 3 years ago). You would think with this economy and the unstable gas prices they would be more willing to deal. Oh well . . . thanks again!
#440 of 567
Am I paying too much 09 Honda CRV with Nav by dogcar7
Feb 16, 2009 (8:07 am)
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Looking at a 2009 CRV with Nav....about $29,500
Leasing for 36 months, with $5000 down for $350 month with tax.
Am I paying too much with that large a down payment ?
#441 of 567
CR-V EX Lease by sleepysue
Feb 16, 2009 (1:43 pm)
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hey guys..
 
just wanted to post some info on the deals i got, but couldn't take advantage from. I'm in southern california, in OC, and here are some numbers. Hopefully, this will help some of you when you go and buy!
 
2009 CRV EX:
 
Cap Cost: $22752
Residual: 60%
Money Factor: .00280
Term: 36 months
Drive off: $667.15 (1st month's rent and other misc. doc fees)
Total monthly payments: $345/month (that's including a 7.75% tax in my area).
 
this was with putting 0 down. i think this is a pretty decent lease, but b/c my trade in was soooo incredibly upside down, the financial burden of having to pay the negative on my trade-in was too much for me.
 
if I had taken this deal, would it have been a good one? i plugged these into my lease calculator, and the numbers don't match...my calculations came out a little higher, but this is what was offered...i have it on paper.
#442 of 567
Re: 2009 CRV EX-L no Nav [iceyhotj] by bigdadi118
Feb 16, 2009 (1:44 pm)
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Replying to: iceyhotj (Feb 15, 2009 11:52 am)

EXL is loaded so if you want the car payment to meet your budget, try the LX or EX model then.
#443 of 567
Re: Am I paying too much 09 Honda CRV with Nav [dogcar7] by djhalptert
Feb 16, 2009 (10:43 pm)
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Replying to: dogcar7 (Feb 16, 2009 8:07 am)

$5,000 down is preposterous on a lease. $5,000 down and a monthly payment of $350 is just down right absurd.
 
The problem is Honda has an incredibly high lease rate on the CR-V right now. I'd either buy it or find a competitor. The Subaru Forester is leasing for 3.84% vs the CR-V's 6.72%.

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