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Honda CR-V Lease Questions

599 messages,  Last post on Dec 02, 2009 at 5:56 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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#460 of 599
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 599
Re: Is this a good lease? [scottboyd] by blueiedgod
Mar 13, 2009 (12:21 pm)
Reply

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 599
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 599
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%.
#464 of 599
Re: Is this a good lease? [AXM23] by hondalicious
Mar 19, 2009 (6:47 am)
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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%.
#465 of 599
URGENT!!!! CR-V EX-L 2WD by iceyhotj
Apr 12, 2009 (4:03 pm)
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Hi,
I currently have the below offer:
 
EX-L w/o Nav 2WD
$1,000 down
36 months with 12/k miles
$359 a month with tax (in California)
Destination, DMV fees etc. rolled into the payment (i think)
 
Help!!!! is this a good deal??!!!! They are waiting for me as I type this!!!
#466 of 599
Re: URGENT!!!! CR-V EX-L 2WD [iceyhotj] by hondalicious
Apr 12, 2009 (5:53 pm)
Reply

Replying to: iceyhotj (Apr 12, 2009 4:03 pm)

Nope.
 
Got my 2009 EX-L w/o Nav 4WD
$0 down
36 mo, 15k miles.
$350 month w/tax (MA 5%)
All fees rolled in.
 
Lean on them a bit more.
#468 of 599
Help on Lease for CR-V EXL by crv_buyer
Apr 24, 2009 (7:25 pm)
Reply
Help! Is this a good deal to lease a 2WD CR-V EX-L w/ NAV for 36 mo, at 15k mi?
  
Initial Cap Cost: $26,418
$2000 down (incl down payment, first month, bank fee, DMV, Tax and License)
Lease end value %: 55%
Guarantee Lease End Value: $15,545.75
Base Monthly: $390.20
Total Monthly (incl my county tax in CA): $426.29
  
Should I negotiate the initial cap cost lower, or make sure they are including the dealer cash?
#469 of 599
Re: Help on Lease for CR-V EXL [crv_buyer] by stoopy
Apr 26, 2009 (1:45 am)
Reply

Replying to: crv_buyer (Apr 24, 2009 7:25 pm)

MSRP is $28,265 if your residual is $15,545.75. That means your sale price is a whopping $442 off sticker. You need to get AT LEAST $2,000 off sticker without putting any money down. You could lease a BMW 3 Series fully loaded for $426. It's ridiculously high.

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