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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

What is this discussion about? Honda CR-V, Car Leasing, Wagon, SUV

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#505 of 599 Re: CARMAN, help please ! [jimbowho] by Car_man HOST Aug 25, 2009 (2:05 am)
Replying to: jimbowho (Jul 16, 2009 5:46 am) No problem jimbowho .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#506 of 599 Re: Lease : 36 Month / 12K / 2009 CR-V EX 2WD [leedgator] by Car_man HOST Aug 25, 2009 (2:06 am)
Replying to: leedgator (Jul 17, 2009 7:29 am) Hi Rob. The easiest way for me to evaluate this deal would be to take a look at the MSRP and selling price of the CV-V that you're interested in. Let us know what these numbers are and I'm sure that either myself or another knowledgeable community member will gladly give you their thoughts.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#507 of 599 Re: Honda CR-V: Lease Questions [car_neophyte] by Car_man HOST Aug 25, 2009 (2:11 am)
Replying to: car_neophyte (Jul 21, 2009 8:09 am) Greetings car_neophyte. Honda Finance's current buy rate lease money factor for a 36 month lease of a 2009 Honda CR-V EX-L 2WD is .00210 for consumers who qualify for its top aka "Super Preferred" credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#508 of 599 Re: CR-V 2009 Leasing.. PLEASE help [gzkazmi] by Car_man HOST Aug 25, 2009 (2:15 am)
Replying to: gzkazmi (Jul 26, 2009 2:40 pm) Hi gzkazmi. Honda's making a big deal about some special sale in its television commercials, but in reality its incentives...other than on the Accord and Civic...aren't very good right now. Its special lease money factor for the 2009 CR-V is currently .00210, which is equivalent to an interest rate of around 5%. That's not bad, but it's not much better than its standard money factor of .00285 (6.8%).   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 Replies to this message: motoguy128 (Aug 25, 2009 9:09 am)
#509 of 599 Re: CR-V 2009 Leasing.. PLEASE help [Car_man] by motoguy128 Aug 25, 2009 (9:09 am)
Replying to: Car_man (Aug 25, 2009 2:15 am) There's not many deals right now because the CFC program depleated most of the inventories of the CR-V and Civic. Good old supply and demand... no need to discount a product that is in short supply?   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.
#510 of 599 2009 CRV EX-L w/Nav Lease for 36 months by montiy Aug 26, 2009 (12:47 pm)
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. Replies to this message: blueiedgod (Aug 27, 2009 12:47 pm)
#511 of 599 Re: 2009 CRV EX-L w/Nav Lease for 36 months [montiy] by blueiedgod Aug 27, 2009 (12:47 pm)
Replying to: montiy (Aug 26, 2009 12:47 pm) 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.   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.
#512 of 599 CRV- LX 4WD lease by gzkazmi Aug 29, 2009 (2:08 pm)
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 Replies to this message: blueiedgod (Aug 31, 2009 8:58 am)
#513 of 599 Re: CRV- LX 4WD lease [gzkazmi] by blueiedgod Aug 31, 2009 (8:58 am)
Replying to: gzkazmi (Aug 29, 2009 2:08 pm) 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   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.
#514 of 599 2009 Honda CR-V October MF and Residuals by r56mellowyell Oct 07, 2009 (9:50 am)
Car_man,   Could you post the October 24 month and 36 month MFs and Residuals for a 2009 CR-V assume 10,000 miles   Thanks! Replies to this message: Car_man (Oct 23, 2009 2:15 am)

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