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2014 Honda CR-V Lease Questions

Karen_CMKaren_CM Posts: 5,030
edited January 28 in Honda
Welcome to Edmunds discussion dedicated to 2014 Honda CR-V leasing questions.
Here you can find and discuss all the latest lease details for the 2014 C-RV, including cap costs, money factors, residual values, acquisition fees, etc. Please post any leasing questions you have or any details you’d like to share about your own lease deals.

You can also research local dealer inventory and pricing, reviews, features, and specifications, on our 2014 Honda CR-V page.

To see all forums discussions about the 2014 CR-V, including earlier model years, please visit our list of Honda CR-V discussions.

Navigation tips: To see the most recent information and activity, make sure to visit the latest post, which may be a few pages ahead. Click the pages numbers just below to go to a new page in the discussion -- or search the entire discussion by clicking the magnifying glass icon and entering keywords.

We also invite you to share your purchase experience on Edmunds Facebook page, Share Your Story.

Community Manager If you have any questions or concerns about the Forums, send me an email, karen@edmunds.com, or click on my screen name to send a personal message.

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Comments

  • gillbgillb Posts: 30
    Its times like this I wish I was smarter.

    I came across a post from a few weeks back which was:
    2014 CRV LX FWD
    $1000 down (first payment, title, doc fees)
    $260/month all inclusive with a 62% residual and .0008MF and 12K miles/year

    When I ran the numbers from your link through the bankrate lease calculator modified a bit I get:
    MSRP: 23,775
    Cap Cost: $22834 (I added in $595 lease fee)
    Down Payment: $0
    Sales Tax 7.19 (Florida)
    MF: .00081
    Residual: 59%
    Total Payment: $262.24

    What I surmise if the lease calculator is accurate is that the national lease deals from AHF are not necessarily all that attractive.
    I'm going in, in a few weeks to lease a vehicle and I'm not even going to talk money with the Salesman or Sales Manager. I just want to sit down with their Finance/Lease Manager for 20 minutes and run through my scenarios verses his national specials and see what works out best.
  • I'm a bit dense :) I just realized that when I leased my Civic LX 32 months ago that I emailed dealers and asked them to beat the national lease offer they had at that time (0 down, 35 payments of $200). I ended up with 0 down, 35 payments of $163 and 6 free oil changes.

    Have that email template and spreadsheet still in Google Docs, so will use that as basis to see how/who can beat the national lease deal.
  • just closed a deal for a 2014 CRV LX in NY state. 36 months, 12k miles a year. $269/month and $419 at signing (includes 1st month and registration, etc). good deal?
  • gillbgillb Posts: 30
    Definitely sounds like a good deal and what I'll be shooting for.

    My 2010 CRV was an EX. I'm kind of curious what color you got. I'm still trying to get over my issue with those black side view mirrors that don't match the body.
  • i got the polished metal metallic, but the Urban Titanium Metallic looks really nice also, i feel you can do no wrong by going with a dark color
  • gillbgillb Posts: 30
    Last week I was working on the Mazda CX-5 Touring and its just more money then I want to spend at least in comparison to the CRV-LX. Because of how the two companies structure their trim levels and the fact that you can drop a trim level with Honda and you get the same engine makes it a bit of an apples and oranges comparison but at a $40-$50 per month difference I'll go with Honda.

    If you don't mind me asking what was the Cap Cost/Selling Price on your deal to get to that monthly number?
  • I'm in Ohio, looking for a lease on a CR-V LX AWD, and the best out-the-door price (taxes, everything) I've been able to get the dealer toffer is 300/mo with 0 down, no first month payment. Can I do better?

    Would waiting until closer to the end of the month help?

    Thanks!
  • gillbgillb Posts: 30
    I've been told that if you read the fine print of the lease, its not quite what you think it is based on your description. I don't know if the numbers are significant or not in Ohio but I think you'll find that when you sit down to do the deal you are going to get hit with doc fees, registration other dealers fee if there are any and all the stuff that remains hidden until the last few seconds. If not great and if the number is insignificant fine....but be cautious.
  • lnylny Posts: 7
    According to 'real car tips' Honda dealers will receive $3000 for each Honda they sell above what they sold in December 2012. Might be worth looking into. Ends Jan. 1.
  • I don't care about any of those fees. When I send emails out looking for best price, whether lease or buy, I ask for the OTD price including all fees, registration, tags, title, etc. That way you are looking apples to apples...
  • gillbgillb Posts: 30
    edited December 2013
    In Florida those additional fees add up to over $1000. Just registration and doc fees are $1000 in Florida. In Ohio it could be 25% of that.
    In addition to trying to negotiate the price I want, I bring these other deals to the attention of the dealers and say....why can't I get this deal. Like in your case, I think you and I see the words zero down and we think zero down. But that's not the meaning, zero down, per the fine print in the lease just refers to the first months payment.
    I'd be curious what your experience is, if in fact OTD is really your OTD number. I'll be taking a final crack at this next week and then moving on to either a Kia Soul+ which is significantly less money or perhaps a Mazda 3 with the 2.0L engine.

    And I tried that $3000 thing on them because I had read that too. And they don't really reply directly other then to say that there may be up to $500 flex cash available at the dealers discretion. My impression is that to qualify for the $3000 bonus on 2013 sales is proving very difficult for them.
  • Hi Car_Man and everyone.
    I'm in the market for a 2014 CRV EX-L w Nav. Looking at 36 months 12k miles per year. I just got a quote for $359 per month. Any idea what i should or could be paying for this?
    Also, what is the residual, money factor, and cap costs are on this lease model?

    Any information would be much appreciated!!
  • By the way, this would be for NY. Thanks!
  • gillbgillb Posts: 30
    edited December 2013

    Finally bought my CRV-LX two days ago. I felt I got a pretty good deal for the state of Florida which has significantly higher doc fees and registration costs then most other places....of course we don't have state income tax here, so you take it with a grain of salt. At first I found it difficult both comparing the CRV cost with other vehicles I was looking at and second understanding all the piece parts of the lease. I finally came up with a solution which makes for a no brainer negotiating experience and gets you the vehicle OTD with no hidden last minute price changes or additional fees. My sole criteria was....what is the total 3 year cost of the lease. And negotiate that number. It drives them nuts, it eliminates the whole: how much do you want to put down or how much of a monthly payment are you looking for charade. My response is, I don't care about either number, I only care about the total 3 year cost. As soon as the dealer agrees to that number there's nothing else they can do to you. And that number, Cap Cost. Money Factor, Residuals, all that other stuff aside is simply monthly payment x number of months and anything you decide to put down. This is also a good basis for comparing vehicles. I found that the CRV-LX total 3 year lease cost came to $11,150 in my case. This includes some accessories I wanted like mud flaps, cargo mat and cover and a few other things.The Mazda CX-5 Touring came in at $13,400. A Kia Soul+ came in at $10,990. A Mazda 3 Sport came in $12,200. So easy to compare multiple vehicles and much easier to negotiate price between vehicle dealers. Of course you still have to monitor the basics, in my case, getting the $500 Flex Cash from Honda. Mazda had a similar $500 inducement for previous Honda owners but because Chase does their financing and their residuals are so low (53% or so verses about 60% for the CRV and 62% for the Soul+) their prices tend not to be competitive based on my criteria. By the way you might note that the Honda MF worked out to 1.99% interest verses Kia's MF which worked out to almost 4.4% interest. The other area you have to watch out for are these ridiculous dealer add on packages which general have $400 or less in content and a $2000 price. You just laugh at them in a friendly way and ask if if anyone is actually stupid enough to pay for that and the cost disappears immediately. And by the way....the whole nitrogen thing is not only a farce but an inconvenience and additional cost down the road. When you are actually sitting down with the Finance person check the numbers again. Make sure their total 3 year cost matches the agreed upon amount. In my case, they didn't. And the Finance guys response was, "well they must be right the computer calculated them". And they were wrong and they had to adjust the price of the car another $104 to meet the agreed upon 3 year total cost number. Finally, last suggestion AND MOST IMPORTANT, complete 95% of this online, at home and don't even try to think in the dealership. I went through 3 Honda dealers before I found one that had a salesperson who understood what it meant to be an Internet Sales Representative and deal with people who want to make informed decisions. I still don't understand why it took 2 hours and 45 minutes including the test drive to complete the deal and drive away but better then the 6 hours it took me last time. The salesperson said it was the fastest they've ever delivered a vehicle. I hope some of this helps and appreciate all the help I received along the way.

    1.png 715.5K
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,175

    Good job on your post enjoy your new Honda. I like the color..

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • jezmiajezmia Posts: 36

    hi, I am in the market for either a rogue or a CRV, the one thing I like about a rogue is their lumbar support seats. does anyone know if I can get a CRV LX with leather and lumbar support for a lease? I know that hey came in the EX-L package, but that is just too expensive, I don't need a nav system or anything else included in the package. Also what are your thoughts between a Rogue 2014 and a CRV 2014. thanks!

  • ck90211ck90211 Posts: 129

    Without sounding like a Honda snob, Nissan quality really doesn't come close to other Japanese companies. I recently returned a 2012 Nissan Altima and many plastic parts were already rattling and coming lose. CVT hunts around confused and sounding coarse. Lease return inspector told me Nissan really is a step down from Honda and Toyota's, but on par with Hyundai's (and still above Ford) after 2-3 years. I am not talking about power train, I am talking about interior, electronics, seats, body panels, etc...

    Before that Nissan I leased a Honda Pilot. At lease end the Honda dealer gladly took my car back, because they could quickly flip and make some money (and it was still tight and rattle free). No disposition fee. With Nissan, I had hard time finding a dealer to take it. And when I called Nissan Finance (a month after I returned it) they told me they still can't send me the $395 disposition bill because they still have not been able to auction off that car yet.

    I could lease or buy another Nissan to save me the disposition or acquisition fee, and I have been offered some amazing prices on Altima, Rogue and Maximas. But I am so low on Nissan quality that I have hard time saving $100 a month on lease, because a rattling interior and coarse CVT just isn't worth it.

  • Going in to pick up my CRV LX AWD lease tomorrow. Had 9 dealers provide quotes via email, and the best deal I got was $9,775 total over the three years ($1,585 down + $234/month over 35 months), with oil changes thrown in. from what I can tell, this seems a pretty decent deal. Had three dealers agree to it; went with the closest one to my home.

  • brian125brian125 New york / S.C. myrtle beachPosts: 3,175

    ck9,

    Nissan has slipped some behind honda and toyota no doubt. What happen to there pathfinder it fell off the map.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • gillbgillb Posts: 30

    Hi dslunceford....sounds like a very good deal. I think it would be really helpful if people noted what state they are in. When I was negotiating my deal in Florida and kept throwing Edmunds posts out to the dealership asking why I can't get a deal like so and so.....the answer always got back to the fees, taxes, registration etc that were specific to a state. And really, only deals that are in your own state are a good gauge to use in the negotiation process. I'm in Florida do you mind if I ask what state you are in.

  • I am in Virginia. Just picking up now...actual price was $1585 down + $232.61/month for 35 months. Includes oil changes and rotations up to 36,000 miles. Total cost over lease is $9,726.35.

    Ended up with the white diamond pearl.

  • jezmiajezmia Posts: 36

    Hi dslunceford, I am also in the market for a CRV LX do you still have the spreadsheet? I would like to see it if possible. thanks

    gillb is right, buying and leasing costs are higher in FL,the southern you go the more expensive, it is a bit harder to negotiate with dealers.

    @dslunceford said: I'm a bit dense :) I just realized that when I leased my Civic LX 32 months ago that I emailed dealers and asked them to beat the national lease offer they had at that time (0 down, 35 payments of $200). I ended up with 0 down, 35 payments of $163 and 6 free oil changes.

    Have that email template and spreadsheet still in Google Docs, so will use that as basis to see how/who can beat the national lease deal.

  • dslunceforddslunceford Posts: 24
    edited January 1

    @jezmia said: Hi dslunceford, I am also in the market for a CRV LX do you still have the spreadsheet? I would like to see it if possible. thanks>

    Jezmia, were you able to access the spreadsheet? I had direct messaged you...

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  • jimziggjimzigg Posts: 11
    I live in WI and looking for feb lease residuals and mfs for 2014 two crv models: Awd ex and awd exl with rear ent. 15k miles and 36 mos term.
  • kyfdxkyfdx Posts: 31,079

    @jimzigg said: I live in WI and looking for feb lease residuals and mfs for 2014 two crv models: Awd ex and awd exl with rear ent. 15k miles and 36 mos term.

    .00083 MF and 61% residual on EX, 59% on EX-L with or without RES.

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  • rb1000rb1000 Posts: 1

    @angelod said: Hi Car_Man and everyone. I'm in the market for a 2014 CRV EX-L w Nav. Looking at 36 months 12k miles per year. I just got a quote for $359 per month. Any idea what i should or could be paying for this? Also, what is the residual, money factor, and cap costs are on this lease model?

    Any information would be much appreciated!!

    Hi everyone,

    Looking for current quotes for EX-L w/ or w/o Nav. 36 months/15K miles. Think I can score $360/mon 0 down for w/o Nav. I'm in NY, thanks.

  • Does this sound good 0 down except 1st month and tag 650. 245 including tax 35 months CRV EX $25335

  • mayo4096mayo4096 Posts: 1

    Hello, I'm in Texas and was wonder what number I should expect from a 36 month lease for a CR-V EX-L AWD w/Nav? Plus, there is mention of an excel spreadsheet for calculating leases, can someone point me to it? Thanks in advance for your help.

  • MichaellMichaell ColoradoPosts: 8,024

    @mayo4096 said: Hello, I'm in Texas and was wonder what number I should expect from a 36 month lease for a CR-V EX-L AWD w/Nav? Plus, there is mention of an excel spreadsheet for calculating leases, can someone point me to it? Thanks in advance for your help.

    Residual value is 58% for 15K miles with a money factor of .00056

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