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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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#565 of 599
Re: Non money factor and residural for CRV [shtirlets] by wallement
Nov 06, 2009 (6:36 am)
Reply

Replying to: shtirlets (Nov 05, 2009 8:28 pm)

I can give you the numbers for a 2010 EXL. MF is .0017. RV is 58%. I think for other models the MF is probably the same, but the RV may go up or down a percentage point.
 
Nice improvement in MF over October. Slight drop (1%) in RV. Overall, an improvement.
#566 of 599
Re: Non money factor and residural for CRV [shtirlets] by gator00si
Nov 09, 2009 (9:25 am)
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Replying to: shtirlets (Nov 05, 2009 8:28 pm)

Carman,
 
I need NOV numbers too please for a '10 CRV EX-L FWD. I'm assuming the 36mo lease term is Honda's best rate but wanted to confirm. Thanks
#567 of 599
Re: Non money factor and residural for CRV [gator00si] by gator00si
Nov 09, 2009 (9:25 am)
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Replying to: gator00si (Nov 09, 2009 9:25 am)

Forgot to mention looking for 15k mi/yr. Thanks again.
#568 of 599
Tires 07 CRV (cconwill) by tkay2
Nov 11, 2009 (2:36 am)
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Have a CRV 07 4WD with a set of Michelin Latitude with 5K miles.. The new CRV I am getting in a couple of days has the Continental contact 4X4 tires. Thinking of having them put the Michelin on the new vehicle.. can tell you the latitudes improved the road noise and the ride on the 07 from the OE tires tremendously.. They were pricey (but they are the best) Any suggestions..
#569 of 599
Re: Non money factor and residural for CRV [gator00si] by Car_man HOST
Nov 11, 2009 (3:10 am)
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Replying to: gator00si (Nov 09, 2009 9:25 am)

Hi gator00si. Here's the info that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 CR-V EX-L FWD with 15,000 miles per year are .00170 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#570 of 599
Re: Non money factor and residural for CRV [Car_man] by johnny__rf
Nov 12, 2009 (6:12 am)
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Replying to: Car_man (Nov 11, 2009 3:10 am)

With the new November rates any idea what % lower lease payments should be as compared to October's rates?
#571 of 599
Re: Non money factor and residural for CRV [johnny__rf] by wallement
Nov 12, 2009 (10:05 am)
Reply

Replying to: johnny__rf (Nov 12, 2009 6:12 am)

Of course the answer depends on what model. price paid, term etc. But I can tell you that my monthly went down $38 on an EX-L, and thats with a 1% lower RV (59 to 58) in November. Basically made the lease a much more viable option in my opinion.
#572 of 599
new lease by bearsdad
Nov 12, 2009 (10:28 am)
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Just last night I leased a CR-V. I have been reading many of the comments on this site. You guys convinced me it was a good SUV. I have a 2010 EX for 278 a month, at 36/36 with 3821 down. The down payment includes tax, title, all doc fees, first month payment, etc... Does that sound like I got a good deal?
#573 of 599
Are they wrong? by wnuk
Nov 14, 2009 (5:25 pm)
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I was quoted a money factor of .00270 on an EX-L by a dealer in PA today. Are they mistaken? Reading back posts here, it looks like that was the October rate. Isn't November supposed to be .0017? The residual was quoted at 58%, in line with what others are seeing.
 
Didn't like this dealer at all. They only dropped to $27999 off MSRP of $28455. They offered $7500 for my trade, and I still owe $8000 so they showed -$500 equity (Edmunds values my trade at $8300). For a 36 month lease with 36000 miles he gave me a figure of $542 per month with 0 down! I quickly left and will be checking with other dealers on Monday.
#574 of 599
Re: Are they wrong? [wnuk] by wallement
Nov 15, 2009 (9:58 am)
Reply

Replying to: wnuk (Nov 14, 2009 5:25 pm)

Yes, they are either wrong or trying to stick it to you with an add-on lease rate. I am not even sure Honda Finance allows the add-on, so maybe they are just wrong...but that also seems very unlikely. I'd find a new dealer. Their price is too high also. You can do lots better.

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