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Honda CR-V: Lease Questions

1230 messages,  Last post on May 22, 2013 at 4:13 PM

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

Messages Page 2 of 124

#5 of 1230 Re: Honda CR-V: Lease Questions [kyfdx] by gollumandbilbo

Feb 15, 2006 (6:59 pm)

Replying to: kyfdx (Feb 14, 2006 5:58 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 1230 Re: Be your own leassor [dmjjpy] by blueiedgod

Feb 16, 2006 (7:03 am)

Replying to: 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)
 
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 1230 Re: Be your own leassor [blueiedgod] by dmjjpy

Feb 16, 2006 (11:05 am)

Replying to: blueiedgod (Feb 16, 2006 7:03 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 1230 Re: Be your own leassor [dmjjpy] by me3

Feb 16, 2006 (1:03 pm)

Replying to: dmjjpy (Feb 16, 2006 11:05 am)
(14500 - 12500)/28 = 71.43

#9 of 1230 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 1230 Re: Okay.. [kyfdx] by stevedebi

Feb 16, 2006 (1:41 pm)

Replying to: kyfdx (Feb 16, 2006 1:10 pm)
"Let's stick to actual questions about Civic leases... "
 
Or maybe CR-V leases...

#11 of 1230 Re: Okay.. [stevedebi] by kyfdx HOST

Feb 16, 2006 (8:17 pm)

Replying to: stevedebi (Feb 16, 2006 1:41 pm)
LOL... yeah.. that too...

#12 of 1230 Re: Okay.. [stevedebi] by blueiedgod

Feb 20, 2006 (7:56 am)

Replying to: stevedebi (Feb 16, 2006 1:41 pm)
"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 1230 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.

#14 of 1230 Lease Question by kingmob

Feb 22, 2006 (3:03 pm)

Hi - I have a question about my 2004 Honda CR-V lease. At the time I did it in 9/04 I had just come off a divorce and had a poor credit score (mid 500's). Now, my score is in the mid 700's and I am in a much, much better financial position. I like my car, but wondered what my options were... Can I trade it in and pay the penalty to get a lower payment? Or would it be too steep? Am I just stuck with my deal until the lease ends?
 
I do have the option of paying it off if I want. But it seems that I would save money by making the payments and just paying the residual at the end. Am I right in this assumption?
 
Thanks for any help.

Messages Page 2 of 124

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