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Honda CR-V Lease Questions

582 messages, Last post on Nov 21, 2009 at 6:19 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: iceyhotj (Apr 12, 2009 4:03 pm) 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. |
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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?
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Replying to: crv_buyer (Apr 24, 2009 7:25 pm) |
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I am considering leasing a 2009 CR-V (LX or EX).. Below are the qoutes for a 12K mile/year lease that I received for each model from a reputable dealer in Northern NJ that I have dealt with in the past. Credit score is in the high 700's / low 800's. Not sure how to exactly evaluate the below or how to go about negotiating a better deal on either one. Is there any room to do so? Any feedback would be greatly appreciated. CR-V LX MSRP $23,115 After Invoice/Incentive $21,000 Out of Pocket amount $1,291.42 Monthly Payment $302.42 Residual .61 Money Factor .0025 CR-V EX MSRP $25,365 After Invoice/Incentive $23,000 Out of Pocket amount $1,347.76 Monthly Payment $358.76 Residual .61 Money Factor .0025
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Replying to: dr973 (May 09, 2009 2:38 pm) With the difference in MSRP and selling price at about 10%, the lease payment should only be 10% higher as well, or around $332/mo., not $358/mo. It's possible the residual numbers on the EX are different, which would account for the discrepancy, but if they aren't, then the EX payment should be lower. I like the EX a lot, but not $56/mo. more... regards, kyfdx
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Replying to: kyfdx (May 10, 2009 5:24 am)
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Replying to: dr973 (May 10, 2009 9:32 am) Prices seem decent... CR-Vs have never had really low lease payments, historically.. The LX seems like a better deal, though if you want the goodies on the EX, that won't matter much... |
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Can anyone confirm the June 09 CR-V residuals for a 12k 36 month lease on: 2wd LX 2wd EX I've seen 61% on a few sites, but the advertised lease special on the Honda site works out to be 60%. I'm about to start working on some dealers and having accurate numbers will help. Also, the money factor I'm using is .0025, is this still correct? Thanks.
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| I like the new body style for the CRV, but was curious if they've lost any room in the interior? | |
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