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Honda CR-V: Lease Questions

1237 messages,  Last post on Jun 11, 2013 at 4:13 PM

You are in the Honda CR-V Forum.

What is this discussion about? Honda CR-V, Car Leasing, Wagon, SUV

Messages Page 119 of 124

#1177 of 1237 Re: 2 leases [moolman] by lrome

Jan 22, 2013 (11:13 am)

Replying to: moolman (Dec 20, 2012 6:07 am)
Can you tell me what their monthly payments were?
 
Thanks,
Linda

#1178 of 1237 Please help with the numbers! :) by hawk600

Feb 21, 2013 (9:41 pm)

Hello Car_man can you please post February buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX AWD with 15,000 miles per year. I am located in NH/MA region by the way.
 
12 K/year is also being considered but I probably will need more miles than that and I am not sure the sales guy advice to get 12k and just lease again if I blow the miles before the end of the term is a good advice!
 
So far best price I have for 2013 CR-V EX AWD is $24.756 + $479 dealer fees.
Is it a decent price?
Thank you!

#1179 of 1237 Re: Lease or Buy? CRV EX-L AWD no Nav in MI by rayinsag

Feb 28, 2013 (8:26 am)

Replying to: moolman (Dec 20, 2012 6:07 am)
trying to decide on lease or buy for 2013 CRV EX-L AWD no NAV, 12k-36month. Price $27,860 (USAA negotiated) 1.9% interest if buying. Michigan.
-What is the residual and money factor?
- would we be better off purchasing?
Our ad-ons:
Splash guards $149
hitch $618
mats $153

#1180 of 1237 Lease Deal CR-V LX by slupik

Feb 28, 2013 (8:29 am)

Car_Man!! Please let me know if the below is a good deal or should we wait until March?? (tomorrow!!!)
 
CR-V LX AWD
MSRP $24,875
$234 including tax/Month
39mo lease 12k/year
Honda to pay first month payment
$795 total out of pocket.
 
Thank you!!!

#1181 of 1237 Re: Please help with the numbers! :) [hawk600] by hawk600

Feb 28, 2013 (9:08 am)

Replying to: hawk600 (Feb 21, 2013 9:41 pm)
Never mind on my request Car Man, thank you!
I ended up closing on a 2013 CR-V EX AWD as follows.
I had a 2011 Pilot EX which the lease will be expiring in 2 months, so I had 2 payments of $391 left.
Considering I had some equity, I used it as trade in and got the CRV for $248/mo 15k miles/year 36 months and only 1st payment down.
I believe was adecent deal. What you guys think?

#1182 of 1237 Re: Please help with the numbers! :) [hawk600] by slupik

Feb 28, 2013 (9:19 am)

Replying to: hawk600 (Feb 28, 2013 9:08 am)
Hawk - which dealer?

#1183 of 1237 Re: Please help with the numbers! :) [hawk600] by Car_man HOST

Mar 03, 2013 (7:36 am)

Replying to: hawk600 (Feb 21, 2013 9:41 pm)
Hi hawk600. Honda is scheduled to introduce a new lease program next week. In the meantime, Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX AWD with 15,000 miles per year are .00145 and 62% for consumers who qualify for its "Super Preferred" credit tier.
 
The only difference on a lease with 12,000 miles per year would be a 2% increase in the vehicle's residual value.
 
The selling price that you were quoted for this vehicle is excellent...even with the fees.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1184 of 1237 Re: Lease or Buy? CRV EX-L AWD no Nav in MI [rayinsag] by Car_man HOST

Mar 03, 2013 (7:41 am)

Replying to: rayinsag (Feb 28, 2013 8:26 am)
Hi rayinsag. As I mentioned in my previous post, Honda is scheduled to introduce a new lease program next week. In the meantime, its current buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX-L AWD with 12,000 miles per year are .00145 and 60% for consumers who qualify for its top credit tier.
 
The current lease program isn't terrible, but a finance rate of 1.9% on a vehicle that is not receiving any manufacturer support is though to beat. If you can afford the higher monthly payment, financing the CR-V might be the way to go.
 
As long as the 1.9% rate that you were quoted will still be around in next week, you may want to consider waiting to see what Honda's new March lease program for the CR-V is like. That puts you in a no-lose situation, if the lease program isn't any better...or is worse, you just go with the finance rate. If the new lease program is great, go with that.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1185 of 1237 Re: Lease Deal CR-V LX [slupik] by Car_man HOST

Mar 03, 2013 (7:43 am)

Replying to: slupik (Feb 28, 2013 8:29 am)
Hi slupik. Honda's February programs are scheduled to run through March 4th. So the new March programs won't be out until the 5th. At first glance, the payment that you were quoted looks attractive, but I would be able to give you a much more detailed analysis of this deal if you were able to provide me with this vehicle's selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#1186 of 1237 Re: Please help with the numbers! :) [slupik] by hawk600

Mar 03, 2013 (9:04 am)

Replying to: slupik (Feb 28, 2013 9:19 am)
Peters Honda, Nashua NH, look for Steve.

Messages Page 119 of 124

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