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Honda CR-V Lease Questions

589 messages,  Last post on Nov 25, 2009 at 5:41 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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#490 of 589 Re: CR V lease rates [ed1948] by Car_man HOST Jun 30, 2009 (2:41 am)
Replying to: ed1948 (Jun 15, 2009 12:51 pm) Hi ed1948. Manufacturers do often get more aggressive with their lease programs as the model year progresses. The problem is that they are fighting an up hill battle because vehicles' residual values gradually decline as the model year progresses as well. The lower a vehicle's residual values are, the more expensive it is to lease. At some point, it becomes too expensive for manufacturers to provide attractive lease payments on leftover vehicles and they pull the plug on their special lease program.   It's difficult to say what Honda's July / August lease program will be like on the Civic. It certainly is possible that it will get better (there's significant room for it to enhance this model's money factors), but I can't guarantee that it will.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#491 of 589 Re: Lease Deal CR-V AWD EX-L - Good Price? [sonoma34] by Car_man HOST Jun 30, 2009 (2:47 am)
Replying to: sonoma34 (Jun 25, 2009 7:22 pm) Hi sonoma34. The easiest way for me to evaluate a lease, particularly an advance pay lease such as this, is to look at the selling price that you are being charged for it. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number, it is very difficult to tell how large a dealer discount you are being given. Let us know what the selling price is on this specific deal and I'm sure that either myself or another knowledgeable community member will be happy to tell you what they think,   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#492 of 589 Re: Lease Deal CR-V AWD EX-L - Good Price? [sonoma34] by blueiedgod Jul 02, 2009 (9:01 am)
Replying to: sonoma34 (Jun 25, 2009 7:22 pm) One time payment of $14,098.00, 36 month, 12K per year.   Works out to $391.60 per month. What do you think?
#493 of 589 09 CRV EX 2wd by sleepysoo Jul 03, 2009 (5:32 pm)
does anyone know the current residual on the 09 CRV EX 2wd? 36 month lease, 12k miles/year. I read on here that it was 60%, but when I got to the dealership, they told me it was 58%. And, from other posts, it seems like some people are quoted 56%? And, is $500 the only dealer incentives out there for the CRV?   and, is anyone negotiating the price of the car below invoice to get your final monthly payments? Or are you guys all at invoice or a little over?   thanks!!! Replies to this message: Car_man (Jul 16, 2009 2:16 am)
#494 of 589 Deal/No Deal by sonoma34 Jul 10, 2009 (7:22 am)
2009 Cr-V AWD Ex-L - One time lease payment. OTD = $12,323.74   Cap Cost = $25,609.00 Residual value = $17,052.52 amort amount. = $8,556.45 Rent Charge = $8556.45 Base Payment= $111.67.17 Sales Tax= $670.03 Reg/Title= $160.00 Doc.Fee= $326.54
#495 of 589 CARMAN, help please ! by jimbowho Jul 14, 2009 (1:47 pm)
My wife would like to LEASE a Honda CR V 4WD EX-L for 36 months with 15,000 miles a year. Only other option she needs is REMOTE STARTER.    Given that we're willing to go out of pocket $2,000. (for 1st, sec deposit, mv and cap cost red) how much would you be willing to pay per month in the central/south Jersey area?    THANK YOU VERY MUCH!    JimboWHO Replies to this message: Car_man (Jul 16, 2009 2:25 am) jimbowho (Jul 16, 2009 5:46 am) Car_man (Aug 25, 2009 2:05 am)
#496 of 589 Re: 09 CRV EX 2wd [sleepysoo] by Car_man HOST Jul 16, 2009 (2:16 am)
Replying to: sleepysoo (Jul 03, 2009 5:32 pm) Here's the information that you're looking for, sleepysoo. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 CR-V EX 2WD with 12,000 miles per year are .00210 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.   The $500 dealer cash that you mentioned is the only cash incentive that is available on this model at this time.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#497 of 589 Re: CARMAN, help please ! [jimbowho] by Car_man HOST Jul 16, 2009 (2:25 am)
Replying to: jimbowho (Jul 14, 2009 1:47 pm) Help is on the way, JimboWHO. Let's work up a lease payment on the vehicle that you're interested in and see what we come up with. According to my calculations, if you were to lease a 2009 Honda CR-V EX-L 4WD that has an MSRP of $27,955 and a selling price of $26,052 (dealer invoice...the dealer keeps the $500 incentive) through Honda Finance right now for 36 months with 15,000 miles per year, its zero down, pre-tax monthly payment would be around $$387, assuming that you qualify for its "Super Preferred" credit tier.   I don't believe that a remote starter is available on this vehicle as a factory-installed option. If so, then it probably cannot be residualized. That means that you would have to pay for the entire cost of the option over the life of the lease. Just divide the price of the option by 36 and add that the the payment above.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: jimbowho (Jul 16, 2009 5:46 am) Car_man (Aug 25, 2009 2:05 am)
#498 of 589 Re: CARMAN, help please ! [Car_man] by jimbowho Jul 16, 2009 (5:46 am)
Replying to: Car_man (Jul 16, 2009 2:25 am) Only one additional question - who's better than you ?!   Thank you!   JimboWHO Replies to this message: Car_man (Aug 25, 2009 2:05 am)
#499 of 589 Lease : 36 Month / 12K / 2009 CR-V EX 2WD by leedgator Jul 17, 2009 (7:29 am)
Car_Man your thoughts? Live in S FLA where my wife and I traded in 2007 Accord EX-L w/ 4 Lease payments remaining, using Honda "roll ahead" program , for an '09 CR-V EX (no extra options) here's where we ended up... $500 Down (includes 1st month) $322.50/month 36 Month 12K Miles thoughts? advice for next time? Kind Regards, Rob Replies to this message: Car_man (Aug 25, 2009 2:06 am)

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