Last post on Dec 05, 2013 at 7:00 PM
You are in the Prices Paid - Buying & Leasing Experiences
What is this discussion about?
Honda CR-V, Car Leasing, Wagon, SUV
#940 of 1303 Equity for Return of Leased CR-V
May 26, 2011 (1:58 pm)
My lease on a 2008 Honda CR-V LX is up in August. I spoke to the dealership (NY) to get a sense of the ballpark on the monthly lease for a 2011 CR-V EX-L. I mentioned that I only have 19,000 miles on a 36,000 mile lease and he indicated that given the shortage of available Honda CR-Vs because of Japan, dealerships would probably give some equity for an under-mileage vehicle.
Clearly, this is an unusual situation. Any sense of a ballpark on what I could/should expect to receive? Thanks
#941 of 1303 HONDA CRV LX AWD
May 29, 2011 (12:44 pm)
Looking for an all wheel drive LX standard here in NY. Lowest I could find was the following:
Down: $900 (taxes)+dmv fees
Seems high, every dealer I went to says the same thing "We have a shortage due to the earthquake in Japan"
Anyone can help me out I would appreciate it. Sticker was $23,something (base model LX) no add ons.
Let me know thanks!
#942 of 1303 Recall 2011 CRV SE
May 31, 2011 (4:56 pm)
I have a 20011 Honda CRV SE with 5000 miles and is only 5 months old. Two engine bolts broke while driving. The government should force Honda to do a recall. The dealer, GO Honda in Westminster, Colorado was nasty and could not care less. Honda motors just read me the usual lemon laws routine. Anybody elase have a similar problem. People could be killed.
#943 of 1303 New Lease
Jun 03, 2011 (1:55 pm)
My Accord lease is up in a few months. I'd like to lease the CRV. Anyone in NY have a good deal lately, no money down. What is lease payment?
#944 of 1303 CR-V Lease Calculation Help
Jun 10, 2011 (10:45 am)
I just got lease docs FedEx'd from Weymouth Honda and I cannot for the life of me figure out how they arrived at the gross cap cost. It is a sign and drive lease and the following is directly from the docs:
Agreed sell price: $24,349.88
Residual Value - $15,615
Doc Fee - $239.00
MF - .00068
Lease payment $310.13 for 36 months
I am in Westchester County New York, sales tax rate 7.375%
They have a gross cap cost of $25,766.79
I have tried all different combinations of different tax rates, with and without an advance payment, and I cannot come close to their cap cost.
Thanks in advance and let me know if any addt'l info is needed.
#945 of 1303 Re: CR-V Lease Calculation Help [bri_turn]
Jun 10, 2011 (10:53 am)
I'd tell them to take a hike on principle re: that inflated doc fee.
Did you figure in sales tax on the cap cost reduction?
What model CR-V is this?
#946 of 1303 Re: CR-V Lease Calculation Help [isles1]
Jun 10, 2011 (11:13 am)
2011 CRV EX 4WD
There is no cap cost reduction. I think taxes are included in the gross cap cost, but I am not 100% sure since I can't back into this cap cost no matter what combo of tax rate, $595 bank fee, $239 doc fee I use.
The doc fee is high, but the sell price is considerably lower than I can find locally in NY. The dealer is in MA.
#947 of 1303 Re: CR-V Lease Calculation Help [bri_turn]
Jun 10, 2011 (12:50 pm)
Unless it's changed, the maximum dealer doc fee in NY State is $75. However, if you leased the vehicle in Mass., the $239 doc fee is probably legitiimate. You need to ask the dealer for a copy of their lease worksheet. This is a computer generated document that the dealer must submit to AHFC along with the lease agreement. The lease worksheet will tell you everything you need to know. Something is missing or not right with the numbers you provided. I get a payment of $312.44 including NY sales tax 7.375%.
If you need help, let me know at autoleasegeekzoominternet.net
#949 of 1303 Re: CR-V Lease Calculation Help [bri_turn]
by kyfdx@Edmunds HOST
Jun 11, 2011 (5:00 am)
"Sign and Drive" might mean something different to the dealership, than it means to you (or, any other normal person)..
I'd ask them what (if any) amount is due at signing... Don't be surprised if it includes that doc fee and some other registration fees..
That looks like a pretty decent lease for a CR-V... historically, small SUVs have not been cheap to lease..