- #61 of 589
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August incentives??
by mac06
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Jul 31, 2006 (6:55 am)
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Hi Car man,
Thanks for your earlier post. I wondering if I should buy/lease today 7/31/06 or wait for mid to late August incentives. Does Honda extend into August?? Thanks, Terry
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- #62 of 589
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Honda CRV SE
by germaj
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Jul 31, 2006 (7:01 pm)
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Is $300/mo, $2000 down on a $26000 MSRP Honda CRV SE a good lease for 36 months, 12k miles a year?? Must put down firsts and last months payment. This did not include tax, title, and registration. I have a credit score over 770. Thanks
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- #63 of 589
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Re: August incentives?? [mac06]
by Car_man HOST
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Aug 25, 2006 (2:38 am)
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Replying to: mac06 (Jul 31, 2006 6:55 am)
You're very welcome, Terry. Honda's current incentives on the 2006 CR-V, the 2.9% - 4.9% APR program, $750 dealer cash, and standard lease program, are scheduled to run through September 5th. It is difficult to say what its incentives will be like after that date. Having said this, I suspect that the special financing rates will go away and Honda will continue to offer around $750 dealer cash and its standard lease program on it.
Car_man
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- #64 of 589
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Re: Honda CRV SE [germaj]
by Car_man HOST
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Aug 25, 2006 (3:31 am)
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Replying to: germaj (Jul 31, 2006 7:01 pm)
Hi germaj. You never mentioned the selling price of the CR-V that you are interested in leasing. This is an important number for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing the price of the truck that you want to lease you don't know how good a price you are getting it for. The second reason is that one needs the selling price of a vehicle that they want to lease is that it is necessary to calculate its lease payment. I would be more than happy to give you my opinion of this deal if you let me know what its selling price is.
Car_man
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- #65 of 589
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2006 CRV EX money factor and residual value
by schweitz
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Aug 28, 2006 (1:20 pm)
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First of all thank you for taking the time to answer every ones questions. Second, I was wondering if you knew the current money factors and residual value numbers for an 06 CRV EX(both 12,000 and 15,000). I noticed in one of the earlier posts the .00144 and 59% was in affect on/before Jul 5th.
Thanks again
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- #66 of 589
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Re: 2006 CRV EX money factor and residual value [schweitz]
by Car_man HOST
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Sep 21, 2006 (4:09 am)
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Replying to: schweitz (Aug 28, 2006 1:20 pm)
You're very welcome, schweitz. Here's the information that you're looking for. Unfortunately, Honda is no longer providing lease support on the CR-V. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2006 CR-V EX 4WD with 15,000 miles per year are .00293 and 59%, respectively. When negotiating your lease on this truck, keep in mind that Honda is currently providing $750 dealer cash on it. Make sure to take this cash into account when negotiating your truck's capitalized cost.
Car_man
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- #67 of 589
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Re: 2006 CRV EX money factor and residual value [Car_man]
by cardummy3
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Sep 29, 2006 (4:31 pm)
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Replying to: Car_man (Sep 21, 2006 4:09 am)
Maybe someone can help me. I am considering a 36 month- 15000 mile/year lease on a 2006 AWD CR-V EX. I have been given a sale price of $21142 and am able to get the preferred rate of 0.00303. With my trade ($500) and putting down $1500 at signing, the dealer came up with $325/month. Does that sound right? They said the residual value is 59%, DMV fees are $239.20. I asked them to break down all of the fees and that is all I got. When I plug those numbers into a leasing caluclator, I come up with a much lower monthly payment. After reading some posts on this forum, I am sure that they are leaving out acquisition fees and the security deposit... but I don't know how you can find out if the numbers are right if they don't provide everything. I put down $500 to hold the car, but I am thinking of not going through with it now. Any thoughts or advice?
Thanks!
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- #68 of 589
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2007 CR-V w/Nav lease
by dadof
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Oct 10, 2006 (3:09 am)
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I live in the Princeton, NJ area and am looking to lease a 2007 CR-V w/Nav. I intend to put very little money down. Has anyone leased such a car recently? I'd like to know how much I should be looking to pay per month for a 24-36 month lease for 12K/year.
Many thanks.
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- #69 of 589
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Re: 2007 CR-V w/Nav lease [dadof]
by jpbran
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Oct 10, 2006 (7:13 pm)
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Replying to: dadof (Oct 10, 2006 3:09 am)
Actually the CR-V's with Nav won't be available until the end of December.
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- #70 of 589
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Re: 2006 CRV EX money factor and residual value [cardummy3]
by Car_man HOST
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Oct 12, 2006 (1:55 am)
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Replying to: cardummy3 (Sep 29, 2006 4:31 pm)
Hi cardummy3. I would be happy to tell you exactly what your lease payment should be on this truck right now. I have all of the necessary information to do so, except for its full MSRP. Let me know what this number is and I will crunch some numbers for you.
Car_man
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