Ask the Car People.SM


Honda Accord Crosstour Lease Questions

162 messages,  Last post on Apr 12, 2013 at 7:48 PM

You are in the Honda Accord Crosstour Forum.

What is this discussion about? Honda Accord Crosstour, Car Buying, Car Leasing, Hatchback, Sedan, Wagon

Messages Page 15 of 17

#133 of 162 Need help with Honda Crosstour 2wd with Navi lease by delrayjay

Nov 19, 2011 (5:48 pm)

Car Man,
 
I am no car leasing expert. I am looking to lease a 2-wheel drive 2012 Crosstour with Navi. I live in the West Palm Beach Florida area. My thoughts are to lease it for 36 months with 12,000 miles per year included. I am planning to put down $3000. There is a high likelihood that I will want to buy the car at the end of the lease. Should I go for just 10,000 miles per year? Can you help me with the details I will need to know to help me know whether I am getting a very good deal. I have a pretty good credit score of around 705.

#134 of 162 Re: Need help with Honda Crosstour 2wd with Navi lease [delrayjay] by Car_man HOST

Nov 21, 2011 (5:09 pm)

Replying to: delrayjay (Nov 19, 2011 5:48 pm)
Hi delrayjay. Let me begin by saying that it really isn't a good idea to put so much money down when leasing. Consumers who make large down payments on leased vehicles risk losing part or all of the money that they paid at signing if their vehicle is totaled in an accident or stolen and never recovered. Even though it means that your monthly payment will be a little higher, it's much safer to go with a zero down lease.
 
Going with a lower mileage allowance than you expect to actually drive really won't save you any money in the long run. This is because while the monthly payments for vehicles with low mileage are lower, their end-of-term purchase option prices are higher. If I was in your position, I would go with the mileage allowance that I really thought that I would use. This would give me the option of keeping the car or returning it at lease-end if you don't want to buy it for some reason, such as it give you trouble, is in an accident, etc...
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#135 of 162 Is this a good lease deal? by delrayjay

Nov 21, 2011 (7:11 pm)

2012 Honda Crosstour 2-wheel drive with Navigation
 
MSRP is $35,955
$500 Hondo promo coupon
36 month term
12,000 miles/year
Lease payment is $438.88 including Florida sales tax
 
At signing I need to put down first month payment of $438.88 plus Florida new car registration of approx $300

#136 of 162 2012 Crosstour EX by daville

Nov 30, 2011 (3:10 pm)

Dear Car_Man,
 
Can you tell me what the November money factor and residuals are on this vehicle for a 10,000 or 12,000 lease?
 
MSRP is $31,500
 
I see the Honda deal for $259 but I don't want to put $3,199 down at signing.
 
I am in the DFW area.
 
Thanks,
David

#137 of 162 Re: 2012 Crosstour EX [daville] by Car_man HOST

Dec 05, 2011 (6:00 pm)

Replying to: daville (Nov 30, 2011 3:10 pm)
Hi David. According to the latest information that I have seen, Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Accord Crosstour EX 2WD with 12,000 miles per year are .00058 and 59%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#138 of 162 2012 crosstour ex-l by kstatecat

Dec 12, 2011 (12:57 pm)

Hi Car_Man,
 
You gave the December numbers for the 2012 Crosstour EX 2wd above. Would the MF and the residual change for the EX-L 2wd? If so what would they be? 36 month and 12k a year stay same.
 
Thanks,
 
Jeff

#139 of 162 2012 Crosstour March MF Residual by ridge3

Mar 24, 2012 (10:45 am)

Hello Car_man
 
New to the site but impressed by the advice direction you give here--thanks!
I am considering 2012 Crosstour V6 AWD EX-L for 15,000 mile/year lease. Could you provide the current MF and residual through Honda? Appreciate it.

#140 of 162 Re: 2012 Crosstour March MF Residual [ridge3] by Car_man HOST

Apr 02, 2012 (4:25 pm)

Replying to: ridge3 (Mar 24, 2012 10:45 am)
Welcome ridge3. Thanks . Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Accord Crosstour EX-L AWD with 15,000 miles per year are .00084 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
When negotiating your deal, make sure to take advantage of the $1,250 cash incentive that General Motors is currently providing on this vehicle.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#141 of 162 Re: 2012 Crosstour March MF Residual [Car_man] by vladrac

Jun 08, 2012 (11:54 am)

Replying to: Car_man (Apr 02, 2012 4:25 pm)
How about current rates for 2012 crosstour EXL 2 WD with 15,000 miles?
I see the deal for the V6 EX is $330 with $0 down.

#142 of 162 Re: 2012 Crosstour March MF Residual [vladrac] by Car_man HOST

Jun 19, 2012 (3:48 pm)

Replying to: vladrac (Jun 08, 2012 11:54 am)
Sure vladrac. Honda Finance's June buy rate lease money factor and residual value for a 36-month lease of a 2012 Accord Crosstour EXL V6 2WD with 15,000 miles per year are .00084 and 52%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
When negotiating your deal on this vehicle, make sure to take advantage of the $2,000 dealer cash that is currently available on it.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

Messages Page 15 of 17

To POST a message, please Sign In.

Advertisement

Browse by Category

Browse by Vehicle
   View All Vehicles

Browse by Board
Browse by Topic
View All Topics

Edmunds Community

Advertisement