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Honda CR-V, Car Leasing, Wagon, SUV
Oct 25, 2011 (12:22 pm)
I was quoted today on a 2011 EX 4WD with $0 due at signing at $337/month including all fees (tax, title, license, doc fee and aquisition).
sale price 25300
money factor .00078
This was on a 3yr/36k mile. This is at Vern Eide Honda in Sioux Falls, SD. I'm working on trying to get them to add on a remote start at no extra cost, but they are reluctant as of now.
#1000 of 1303 rates for LX 4WD
Oct 26, 2011 (5:47 pm)
Hi Car_Man, Can you please give me the MF and residual for 36 months, 12K miles/year, for a LX and SE 4WD? I visited a MD dealer and was quoted price of $21,700 (including freight), MF .00095 and residual of 62% for a LX 4WD. Sound right? Thanks.
#1001 of 1303 2011 CR-V EXL 2wd Lease Question
Oct 27, 2011 (8:57 am)
Thanks for all that you do here, I lurk all the time and find your posts extremely helpful.
I'm looking at doing some crazy business with trading in our 2010 CRV EX that is financed for a 2011 EXL on a lease. This is in TX. Had an EX-L before and thought we'd get by without the leather/other goodies but prefer the EX-L and frankly my fiancee is only driving 8000 miles/yr so a lease would be ideal. And I think we got one in a bad batch as our 2010 was in the shop 3 times for a leaking rear main seal (not cool!) and steering vibrations...but we do love the CRV's.
That said, what are the Money Factor and Residual for a '11 EXL 2wd for 10k and 12k options? I have a price quote of selling price at $25,031 with an MSRP of $27,655 as my first internet quote which I think is very reasonable. They are "working" on a lease quote as I type this. Just wanted to verify. I'm seeing .00078 and 62% (for 12k) tossed around on here, but not sure if it applies to the 2wd and the October rates.
Thanks for your help!
Nov 02, 2011 (6:29 am)
quote i have is for $229 per month with $3076 down which includes ttl,fees and $1,000 down payment. 3 yr. 36,000 miles, does it seem like a reasonable amount or can i do better? in cook county,il. so taxes kill us. am waiting for the exact breakdown of the lease as i write this
#1003 of 1303 Re: 2011 CR-V EXL 2wd Lease Question [jdillen]
Nov 02, 2011 (6:48 am)
Ended up pulling the trigger on Mon 10/31 on a 2011 CRV EX-L 2wd, white/grey, MSRP $27, 655. Selling Price was $25, 400 plus tint and cargo protection package. Gave us $19k on trade for our 2010 CRV EX 2wd with 10k miles.
Lease came out to $342/month including tax (in Texas) with zero down, just first payment of $342 at signing. Rolled in acq fee, tags/etc. .00095 money factor and 59% residual on 36 month, 12k/yr. Getting a check back for $3,000 in equity from the 2010. This way we are set up to lease a new model about 2+ years into it's launch. Works out well. Best of luck out there.
#1004 of 1303 Re: ex 4wd [lablover2]
Nov 05, 2011 (8:15 am)
breaks down like this-selling price is $24,100
end of lease buy out-$16,015
is this decent or can i push more?
#1005 of 1303 Wait for 2012?
Nov 07, 2011 (12:02 pm)
I'm not in any hurry to buy, so I was wondering if I should wait for the 2012 CRV, which they are now saying should be out by the end of the month. I don't care if I need to wait even three months, but don't know how great the national lease promotion is, and whether it might apply to 2012.
Anyone have any perspective they can offer on this? Basically, just wondering how exceptional is the national lease promotion being offered, and whether there might be something similiar for the 2012s.
#1006 of 1303 2009 CRV End of Lease
Nov 08, 2011 (10:04 am)
I have a 2009 CRV that is coming up on end of lease. Would like to buy it out. The lease is thru Honda Finance. Does anyone know if they negoiate on the buy out price?
#1007 of 1303 Re: rates for LX 4WD [ck90211]
Nov 08, 2011 (4:40 pm)
Hello ck90211. Honda Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2011 CR-V LX 4WD with 12,000 miles per year are .00077 and 61%, respectively for consumers who qualify for its "Super Preferred" credit tier.
The numbers for an otherwise identical lease of an SE 4WD are exactly the same.
Prices Paid: Buying & Leasing Experiences Forum
#1008 of 1303 Re: 2011 CR-V EXL 2wd Lease Question [jdillen]
Nov 08, 2011 (4:43 pm)
You're very welcome Jake. Honda Finance's November buy rate lease money factor and residual value for a 36-month lease of a 2011 CR-V EX-L 2WD with 12,000 miles per year are .00077 and 58%, respectively for consumers who qualify for its top credit tier.
The residual value for a lease with only 10,000 miles per year would likely be 1% higher.
Prices Paid: Buying & Leasing Experiences Forum