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Honda CR-V Lease Questions

596 messages,  Last post on Dec 01, 2009 at 4:59 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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#455 of 596 Re: Money factor & residual - 09 CR-V EX 2WD [ronbars] by Car_man HOST Feb 25, 2009 (2:57 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#456 of 596 Re: [sexybeast] by Car_man HOST Feb 25, 2009 (3:01 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: sexybeast (Feb 25, 2009 1:12 pm) sueesponte (Mar 05, 2009 7:58 am) Car_man (Mar 12, 2009 1:53 am)
#457 of 596 Re: [Car_man] by sexybeast Feb 25, 2009 (1:12 pm)
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 Replies to this message: sueesponte (Mar 05, 2009 7:58 am) Car_man (Mar 12, 2009 1:53 am)
#458 of 596 Re: [sexybeast] by sueesponte Mar 05, 2009 (7:58 am)
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 596 Re: [sexybeast] by Car_man HOST Mar 12, 2009 (1:53 am)
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 Host Prices Paid: Buying & Leasing Experiences Forum
#460 of 596 Is this a good lease? by 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? Replies to this message: blueiedgod (Mar 13, 2009 12:21 pm) scottboyd (Mar 13, 2009 12:44 pm) AXM23 (Mar 18, 2009 12:57 pm) hondalicious (Mar 19, 2009 6:47 am)
#461 of 596 Re: Is this a good lease? [scottboyd] by blueiedgod Mar 13, 2009 (12:21 pm)
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? Replies to this message: scottboyd (Mar 13, 2009 12:44 pm) AXM23 (Mar 18, 2009 12:57 pm) hondalicious (Mar 19, 2009 6:47 am)
#462 of 596 Re: Is this a good lease? [blueiedgod] by scottboyd Mar 13, 2009 (12:44 pm)
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 596 Re: Is this a good lease? [blueiedgod] by AXM23 Mar 18, 2009 (12:57 pm)
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%. Replies to this message: hondalicious (Mar 19, 2009 6:47 am)
#464 of 596 Re: Is this a good lease? [AXM23] by hondalicious Mar 19, 2009 (6:47 am)
Replying to: AXM23 (Mar 18, 2009 12:57 pm) i signed a lease in October 2008 on one of the first 09s shipped in from Hamamatsu, Japan. CRV EXL (no nav) for $350 out of pocket, $350 a month for 36 months, all fees rolled in. 15k miles per year. This rate is based on MA tax of 5%.

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