Last post on Dec 05, 2013 at 7:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda CR-V, Car Leasing, Wagon, SUV
#773 of 1303 Re: lease 2010 CR-EX versus 2010 Accord EX [Car_man]
Oct 05, 2010 (4:00 am)
The 1200 dealer cash is making a big difference in the lease.
I was quoted 245.54 - with 755.54 down for the accord
295.88 with 805.88 down for the CR-V
If I wanted to put less down - then the monthly math would need to be adjusted.
Another dealer was at $299 for the Accord - nothing down
Honda is offering $250 with nothing down but on the Accord LX Model
I might be oversimpligying things but why should I concerned about the dealer price and residual on a straightforward lease? I want to put nothing down and don't plan on keeping the vehicle at the end of the lease - I will look at the numbers for overage on the miles - no return fee - AHFC has a $1500 deductible on return also.
#774 of 1303 Re: lease 2010 CR-EX versus 2010 Accord EX [swampdragon]
Oct 07, 2010 (2:21 am)
Hey swampdragon. The selling price for a leased vehicle matters because the lower your selling price is, the lower your car's monthly payment will be. I always advise consumers to shoot for a selling price that's as close to dealer invoice minus any available incentives as possible when leasing. Doing so pretty much guarantees that they are getting the best possible deal on the vehicle that they want.
Prices Paid: Buying & Leasing Experiences Forum
#775 of 1303 CR-V Lease 2010 EXL no Nav.
Oct 11, 2010 (7:05 pm)
Got an offer for 36 mo/ 12 k miles. New York
Cap Cost $26499 (with destination)
Acquisition Fee $595
Residual Value $16259
Total Out of Pocket Taxes etc $1500
OTD Mo. Payment $339
I'm to meet with saleman this week, anything else I should know, any advice, thoughts?
Oct 26, 2010 (1:01 pm)
Hey all! What's the current MF for the CRV 4WD EX?
#777 of 1303 2011 CR-V LX AWD
Oct 27, 2010 (2:15 pm)
Figured I'd share the offer I got from a dealer in Northern NJ yesterday on a 2011 LX AWD for 36m/12k lease.
Cap Cost: 22,300
Monthly Payment: 275
Bank and DMV fees upfront (~$900). Taxes (7%) in the payment. This the first offer the dealer gave me without any negotiation. Seems like a fair deal...
#778 of 1303 Re: 2011 CR-V LX AWD [rostasteve]
Oct 27, 2010 (11:41 pm)
The 0.00080 MF and 60% residual factor applies to the 2010 CR-V LX 36/12k lease not the 2011 CR-V. AHFC is not offerring subvented financing for the 2011 CR-V.
#779 of 1303 Re: 2011 CR-V LX AWD [delta737h]
Oct 28, 2010 (5:40 am)
Thanks for the heads up John. The dealer made it clear that it was for a 2011. I wonder if this was an honest mistake on his part...
#780 of 1303 Re: 2011 CR-V LX AWD [rostasteve]
Oct 28, 2010 (7:40 am)
My best guess is that it was an honest mistake. I just analyzed a lease for a 2010 CR-V from an Ohio dealer with an MF of 0.00080 and residual factor of 60% for a 12K/36 month lease. The dealer needs to double check their rate sheets. However, I'm not sure but I think the 2011 MF is 0.00200 and residual 62%.
#781 of 1303 2011 EX AWD vs 2010 EX AWD
Oct 29, 2010 (9:00 am)
Just picked up a 2011 CRV EX AWD last night for my wife:
Holdbacks 505 (Adjusted invoice = $23,762)
Money Factor .00158
SALES PRICE 23,888
ADJ. CAP COST 24,783
277.57 payment + 26.23 tax = $303.80
There's a $400 dispo fee at the termination, so the adjusted monthly cost is $314.91.
We compared it against the 2010 EX with Honda's .0008 MF. Those #'s were:
Holdbacks 502 (Adjusted invoice = 23,626)
Money Factor .0008
SALES PRICE 23,697
ADJ. CAP COST 24,221
275.38 payment + 25.80 tax = $301.18
So for a difference $12 per month, we went with the 2011 model so that my wife could drive off the lot in a black on black, which we've been unable to locate in the 2010 model. Plus, we got to stick with a salesperson/dealer I've stayed loyal to for my past 9 cars...which helps make it worth the extra cash!
#782 of 1303 Buffalo, NY area: CRV EX-L
Nov 10, 2010 (4:55 am)
Could anyone help me with November's residual and money factor for an EX-L CRV no nav??