Edmunds.com | Inside Line | Auto Observer Your Account | Help | Directory
You are here:
![[F]](http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/site.gif){kind=small}
Forums
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
|
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!
|
|
|
|
|
Replying to: gilroy34 (Jun 09, 2009 3:22 pm) |
|
|
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
|
|
|
Replying to: Car_man (Jun 10, 2009 1:41 am)
|
|
|
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 |
|
|
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
|
|
|
|
|
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.
|
|
|
Replying to: blueiedgod (Jun 19, 2009 8:44 am) |
|
|
|
Small scenario for which I seek local wisdom  Ive got a CR-V that I am in mid-lease through Honda financial. I have kept it in excellent condition and am within mileage etc. Due to growing family needs, I would like to purchase a larger vehicle. Based on my market research (local sales, edmunds, kbb, nada, etc.) my CR-V is worth approximately $17-$17.5k in trade. I have been offered these figures as well from local dealerships in trade. My current payoff (residual + remaining payments) is $18500. I contacted Honda Financial and they said that if I used the vehicle as trade-in there would be no additional fees outside of the payoff amount. My lease contract also prevents me from selling the vehicle to a third party (or transferring the lease) so if I wanted to sell it I would probably have to buy it myself, pay TTL etc., then sell it...which would negate any equity I might gain from Private Party sale. Long story short. What do I need to consider when trying to use this vehicle in trade-in? Will the dealership payoff the full payoff and then add the difference from trade-in value to the vehicle I am purchasing? I can accept the ~$1k negative equity to get out of the lease and into something more suitable. Helpful cliffs: Leased CR-V payoff is $18500. Trade-In Value is $17500. Financing for new purchase has been lined up through my bank, not a dealership. I have several thousand for down payment. (or should I put this towards the lease to remove the negative equity?) Many thanks! |
|
|
I am in the final stages of leasing the EX-L. What doe carman think of this deal? One time payment of $14,098.00, 36 month, 12K per year. Includes all taxes, doc fee, and registration. I am in a 6% sales tax state. looking to close the deal by first week of July. Thanks
|
|
You are here:
Forums
Prices Paid: Buying & Leasing Experiences Honda CR-V Lease Questions
New? Join Now!
Forum Tools
Search Forums
Browse by Vehicle
2010 Honda CR-V
Browse by Board
Browse by Topic
Today's Chats
