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Prices Paid: Buying & Leasing Experiences 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
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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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Replying to: goinggone (Jun 06, 2009 4:01 am) When negotiating your lease on this model, make sure to take advantage of the $500 dealer cash that is currently available on it. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hi Car-man! You are just the person I'm looking for! I'm currently looking at a 2009 CR-V EXL with navigation. The salesperson is quoting me a money factor of .00250 and a 56% residual. Is 56% correct? Wouldn't it be the 60% you mentioned for the other CRV leases? Any help would be greatly appreciated! |
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Replying to: gilroy34 (Jun 09, 2009 1:20 pm) 2009 Honda CR-V 2009 Honda CR-V 4WD EX 24-month | 15k miles | residual 67% | .00250 base money factor 36-month | 15k miles | residual 59% | .00250 base money factor 48-month | 15k miles | residual 50% | .00305 base money factor 60-month | 15k miles | residual 40% | .00310 base money factor 2009 Honda CR-V 4WD EX-L 24-month | 15k miles | residual 64% | .00250 base money factor 36-month | 15k miles | residual 56% | .00250 base money factor 48-month | 15k miles | residual 47% | .00305 base money factor 60-month | 15k miles | residual 38% | .00310 base money factor 2009 Honda CR-V 4WD EX-L w/ Navigation 24-month | 15k miles | residual 62% | .00250 base money factor 36-month | 15k miles | residual 55% | .00250 base money factor 48-month | 15k miles | residual 46% | .00305 base money factor 60-month | 15k miles | residual 37% | .00310 base money factor 2009 Honda CR-V 4WD LX 24-month | 15k miles | residual 66% | .00250 base money factor 36-month | 15k miles | residual 59% | .00250 base money factor 48-month | 15k miles | residual 50% | .00305 base money factor 60-month | 15k miles | residual 39% | .00310 base money factor
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Replying to: bigdadi118 (Jun 09, 2009 2:34 pm) Yes, it is 36 months at 12k miles. Is 56% correct? Car-man was talking about 60% residual for 36 month/12k leases on LX and EX. Would it drop this much for the EX_L w/nav? Are there charts that correspond with 12k miles leases? Thanks for the help!
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Replying to: gilroy34 (Jun 09, 2009 3:22 pm) |
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Replying to: gilroy34 (Jun 09, 2009 1:20 pm)  . Honda Finance's residual values for models with navigation are usually lower than they are for models without it. Its current residual value for a 36 month lease of a 2009 CR-V EX-L 2WD with navigation and 15,000 miles per year is 54%. If you were to lease it with only 12,000 miles per year, its resid would be 2% higher. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Jun 10, 2009 1:41 am)
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Do lease rates on Honda CR V's typically go down in late July/Aug when they are trying to unload the 09's? thanks |
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