1228 messages,
Last post on May 18, 2013 at 12:22 PM
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Honda CR-V Forum.
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Honda CR-V, Car Leasing, Wagon, SUV
#4 of 1228 Re: Be your own leassor [blueiedgod]
by dmjjpy
Feb 15, 2006 (12:00 pm)
In the above examples, what were you monthly loan payments? Would they have been $100-$200 more then a lease payment?
And I'm not sure how you are getting your net montly costs??("loan montly payment" were calculated using Edmunds's Basic Loan Calculator)
1999 Civic EX
loan monthly payment = 282.38
total loan payments = 282.38 * 24 = 6777.12
net payment = (6777.12 - 2500)/24 = 178.21(not 104)
2001 CR-V SE
loan monthly payment = 432.98
net payment = 432.98(not 278)
2002 Civic Si
loan montly payment = 253.51
total loan payments = 253.51 * 28 = 7098.28
net payment = (7098.28 - 4000)/28 = 110(not 71)
#5 of 1228 Re: Honda CR-V: Lease Questions [kyfdx]
by gollumandbilbo
Feb 15, 2006 (6:59 pm)
Hello, do you know the current money factor and residual value for a 2006 Honda CR-V for an existing Honda customer with excellent credit? Assume 3 yr/15k lease.
#6 of 1228 Re: Be your own leassor [dmjjpy]
by blueiedgod
Feb 16, 2006 (7:03 am)
In the above examples, what were you monthly loan payments? Would they have been $100-$200 more then a lease payment?
And I'm not sure how you are getting your net montly costs??("loan montly payment" were calculated using Edmunds's Basic Loan Calculator)
1999 Civic EX
loan monthly payment = 282.38
total loan payments = 282.38 * 24 = 6777.12
net payment = (6777.12 - 2500)/24 = 178.21(not 104)
2001 CR-V SE
loan monthly payment = 432.98
net payment = 432.98(not 278)
2002 Civic Si
loan montly payment = 253.51
total loan payments = 253.51 * 28 = 7098.28
net payment = (7098.28 - 4000)/28 = 110(not 71)
I think you are forgetting that my cash obtained from the sale of the vehicle was greater than the pay off amount.
Even if I did calculate it wrong, has anyone been able to lease a top of the line Civic for $110/month with no money down?
#7 of 1228 Re: Be your own leassor [blueiedgod]
by dmjjpy
Feb 16, 2006 (11:05 am)
> I think you are forgetting that my cash obtained from the sale of the vehicle was greater than the pay off amount.
No, I don't think I did forget. For the 2002 Civic example, I subtracted $4000(the difference between the sale price and the pay off amount) from the "total loan payments" in the "net payment" line.
Anyways, if anybody could post the lease info for a CR-V, it would be greatly appreciated!
#8 of 1228 Re: Be your own leassor [dmjjpy]
by me3
Feb 16, 2006 (1:03 pm)
(14500 - 12500)/28 = 71.43
#9 of 1228 Okay..
by kyfdx HOST
Feb 16, 2006 (1:10 pm)
Let's stick to actual questions about Civic leases...
No matter how good your purchase deals turned out to be..
#10 of 1228 Re: Okay.. [kyfdx]
by stevedebi
Feb 16, 2006 (1:41 pm)
"Let's stick to actual questions about Civic leases... "
Or maybe CR-V leases...
#11 of 1228 Re: Okay.. [stevedebi]
by kyfdx HOST
Feb 16, 2006 (8:17 pm)
LOL... yeah.. that too...
#12 of 1228 Re: Okay.. [stevedebi]
by blueiedgod
Feb 20, 2006 (7:56 am)
"Let's stick to actual questions about Civic leases... "
Or maybe CR-V leases...
The point I was trying to make, there are no great leases of the late 90's when it was really cheaper to lease. These days, it is cheaper to buy. Unless there is some really hot lease program. Like BMW had a 325 for $199/month for 24 months with no money down a couple of years back.
#13 of 1228 Current Lease Program
by fireboss2
Feb 21, 2006 (9:00 am)
Would appreciate current money factor and residual for the following: 2006 CR-V 2 Wheel Drive LX Auto
This will be the 36mo / 12k mi program.
How about Honda's acquisition fee? Thanks guys.