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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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Replying to: pilot25 (Aug 04, 2009 12:00 pm) Car.........MSRP.....Selling.....Term .......PMT..Cash down CRV LX $23155 $20900 36 MO LEASE 309 W 680 CRV EX $25405 $23000 36 MO LEASE 339 W 710 PILOT LX $30205 $27200 36 MO LEASE 498 W 890 48 MO LEASE 459 W 827 These are all 12,000mi/yr, and include 6.5% sales tax, in the monthly payment and are all AWD models. |
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Replying to: jimbowho (Jul 16, 2009 5:46 am)  . Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: leedgator (Jul 17, 2009 7:29 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: car_neophyte (Jul 21, 2009 8:09 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gzkazmi (Jul 26, 2009 2:40 pm) Tthe first thing that I noticed about the deal that you mentioned in your post is the massive down payment that the dealer is asking you for. $5,000 is way too much money to put down on a lease. I always advise consumers to put as little money down as possible when leasing. Lessees who make large down payments risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, you will be much safer going with a zero down lease. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Aug 25, 2009 2:15 am) Using Honda's online lease vs. buy calculator, I determined that leasing would be just as if not more expensive than just doing a 60 mo. purchase. Both with $0 down. the lease, even requires the first payment up front...not with a loan. Wiht a 5.15% APR through my credit union, a lease didn;t make any sense... evne if I want to turn around and trade it in within 4 years. I think Honda is getting conservative on it's residuals. I think they are anticipating high inflation (increasing the cost of money), but a saturated used car market in the future. Especailly if gas prices take off again, even getting 26mpg, might not be so great if msot new vehciles being sold offer between 32-40mpg. |
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I am considering to lease in the next few days. Per Edmunds, the MSRP price listed for this is $28.945. We have been to a few dealrs who quote $459 + tax for 36 months and a trade-in value of $2000 for my old car. Is this a good deal , or i can get better ? I know CFC has exhausted the CRV from the market, but i hear they are coming with the 2010 in the coming week or so , which might bring the cost of the 2009 down. Is this true.
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Replying to: montiy (Aug 26, 2009 12:47 pm) Is this a good deal , or i can get better ? I know CFC has exhausted the CRV from the market, but i hear they are coming with the 2010 in the coming week or so , which might bring the cost of the 2009 down. Is this true. Take the $459 multiply by 36 months and add $2000. You will come up with $18524 in rent for the privilige of driving the car for 3 years. You decide whether it is worth it, or not. |
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ok my dealer is quoting the following lease of a CRV LX 4WD 2500 down is 289 month including taxes... and 0 down for 367! MSRP 23523 3 yr lease 12000 miles I am going to go on Monday to have a final talk... can anyone give me their opinion as to is this a good deal? Can i work him to bring the numbers down a little bit more? If there is anyone that had a better deal I'll love to know. This was at Piazza Honda in drexel hill, PA
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Replying to: gzkazmi (Aug 29, 2009 2:08 pm) 2500 down is 289 month including taxes... and 0 down for 367! MSRP 23523 3 yr lease 12000 miles I am going to go on Monday to have a final talk... can anyone give me their opinion as to is this a good deal? Can i work him to bring the numbers down a little bit more? If there is anyone that had a better deal I'll love to know. This was at Piazza Honda in drexel hill, PA The first is better by $300 over the life of the lease, probably due to less finance charge due to the downpayment.Otherwise, they are identical. |
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