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Honda CR-V Lease Questions

569 messages,  Last post on Nov 11, 2009 at 3:10 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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#454 of 569
by sexybeast
Feb 23, 2009 (6:06 pm)
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2009 LX AWD, so how does $617 drive off with $345 a month for 39 months at 15k a year sound? i'm here in the Socal
#455 of 569
Re: Money factor & residual - 09 CR-V EX 2WD [ronbars] by Car_man HOST
Feb 25, 2009 (2:57 am)
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Replying to: ronbars (Feb 20, 2009 2:37 pm)

Greetings ronbars. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CR-V EX 2WD with 15,000 miles per year are .00280 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier and pay a security deposit at lease signing.
 
When negotiating your lease on this vehicle, make sure to take the $500 dealer cash that is currently available on it into account.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#456 of 569
Re: [sexybeast] by Car_man HOST
Feb 25, 2009 (3:01 am)
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Replying to: sexybeast (Feb 23, 2009 6:06 pm)

Hey you sexybeast you. The best way to evaluate this lease is to look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is difficult to tell how much of a dealer discount you are being given. Let us know what the selling price is and either myself or another helpful community member will be glad to let you know what they think.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#457 of 569
Re: [Car_man] by sexybeast
Feb 25, 2009 (1:12 pm)
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Replying to: Car_man (Feb 25, 2009 3:01 am)

thanks carman, the selling price is $21560 + fee's at 7.75% here in california
the payment would be for a 2009 AWD LX- $637 drive off, 38 months x $336.29 tax included w/ nocharge for dealer trade
#458 of 569
Re: [sexybeast] by sueesponte
Mar 05, 2009 (7:58 am)
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Replying to: sexybeast (Feb 25, 2009 1:12 pm)

It's amazing how much the market has changed in the past 3yrs.
 
We've got a 42 mos lease on an '06 Pilot EX-L AWD for $369/mo (which includes 6% tax here in CT), $0 due at signing, and 1st mo free. The MSRP of that car was about $35K if I recall correctly.
 
We're now looking at an '09 Odyssey but we're also planning on leasing an '09 Pilot and '09 CRV EX w/NAV at the same time with other family members. I'm hoping March will bring some better lease numbers or the power of leasing 3 cars at once will help!
#459 of 569
Re: [sexybeast] by Car_man HOST
Mar 12, 2009 (1:53 am)
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Replying to: sexybeast (Feb 25, 2009 1:12 pm)

No problem, sexybeast. Thanks for the additional information. The dealer invoice price for a 2009 CR-V LX AWD is $21,560. If one subtracts the available $500 dealer cash from that it drops to $21,060. So the dealer is basically selling you this vehicle for $500 over invoice. That's not bad. Just make sure that they are using Honda Finance's current buy rate lease money factor of .00250 (for consumers who qualify for its top credit tier) to calculate your payment and you're in good shape.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#460 of 569
Is this a good lease? by scottboyd
Mar 13, 2009 (9:31 am)
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Really new to trying to figure out whether or not I am getting a good lease deal, so any help would be appreciated. I read a bunch of posts on here yesterday so hopefully I am providing all of the right info. Here goes:
CRV EX-L with Navigation 2 wheel drive
36 month term
12K miles/year
Cost - $24,251
Residual 56%
Money Factor .0025
Drive off $759
Monthly with tax $445
 
Is there anything else I should be asking?
#461 of 569
Re: Is this a good lease? [scottboyd] by blueiedgod
Mar 13, 2009 (12:21 pm)
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Replying to: scottboyd (Mar 13, 2009 9:31 am)

Really new to trying to figure out whether or not I am getting a good lease deal, so any help would be appreciated. I read a bunch of posts on here yesterday so hopefully I am providing all of the right info. Here goes:
CRV EX-L with Navigation 2 wheel drive
36 month term
12K miles/year
Cost - $24,251
Residual 56%
Money Factor .0025
Drive off $759
Monthly with tax $445
  
Is there anything else I should be asking?
 
What would it cost per month to finance this vehicle for 60 months?
#462 of 569
Re: Is this a good lease? [blueiedgod] by scottboyd
Mar 13, 2009 (12:44 pm)
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Replying to: blueiedgod (Mar 13, 2009 12:21 pm)

Not sure on that, but I def want to lease. I'm ok even if leasing is a little more expensive than buying, but just want to make sure I get a relatively good deal on the lease.
#463 of 569
Re: Is this a good lease? [blueiedgod] by AXM23
Mar 18, 2009 (12:57 pm)
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Replying to: blueiedgod (Mar 13, 2009 12:21 pm)

A friend of mine just a got a quote on a CRV EXL with NAV for $2000 out of pocket and $411 a month for 36 months with 12k per year. It is from a dealer that I have bought from in the past and is very reputable.
 
This rate is based on NJ taxes of 7%.

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