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Prices Paid: Buying & Leasing Experiences 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
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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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Replying to: ed1948 (Jun 15, 2009 12:51 pm) $273 for 36 months $999 down 12,000 mi/yr This is a closed end lease and I do not have the residual value they are leading. Opinions on out there on whether this is a good deal? Another dealer offered me the following terms on a CR-V EX-L $342 for 36 months $3,000 down 12,000 mi./yr This did NOT seem like a very good deal
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Replying to: gilmorej (Jun 18, 2009 6:56 pm) CR-V EX-L AWD? Navi? $342 x 36 = $12312 + $3000 = $15312 Is there $5000 difference between LX AWD and EX-L AWD Navi? It helps to compare apples to apples, and not oranges. Ask both dealers for qoutes on the same vehicle.
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Replying to: blueiedgod (Jun 19, 2009 8:44 am) |
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