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2013 and earlier-Honda CR-V Lease Questions

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Comments

  • Can you post the December finance numbers and incentives for the CR-V EX-L for 12k and 15k miles? Thanks!
  • ghiavertfoolghiavertfool Posts: 1
    edited December 2012
    I too would love to know the Dec numbers for a 2013 CRV-EX-L for 12 and 15k. I just got a quote for 12k and they used 62%. I didn't get (yet) the MF they used. Thanks!
  • Certainly sprinkler13. Honda Finance's December buy rate lease money factor and residual value for a 36-month lease of a 2013 CR-V EX-L AWD with 15,000 miles per year are .00160 and 60% for consumers who qualify for its top credit tier.

    The residual value for a lease with only 12,000 miles per year would be 2% higher.

    Car_man
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  • Hi ghiavertfool. Please see my previous post for the information that you're looking for. Thanks.

    Car_man
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    Prices Paid: Buying & Leasing Experiences Forum
  • moolmanmoolman Posts: 122
    Hi folks,
    From decoding the Honda Days special online. Here are the figures I'm getting a CRV LX 2WD, can you confirm this car_man, it differs slightly than what you said or maybe you were talking about a different model.

    12K/36months
    63% residual
    0.0015 MF
    1st payment waived by Honda

    This is for the 0 down lease special on the website.
  • moolmanmoolman Posts: 122
    I helped 2 friends lease 2013 CRVs LX 2WD this past week. Had to go to 2 different dealerships because the first one wouldn't repeat the deal for the 2nd car a couple of days later. I think it's a decent price.

    Price: $21500 +$595 acq fee
    0.0016 MF
    63% residual 12K/36 months
    nothing down, no accessories, no trade ins, nothing, bought nothing but the car. Only fees were CA legally mandated fees ie. $80 doc fee, license, tire fee... Doc fee is negotiable but I negotiate with the doc fee understood as $80.

    Good luck.
  • Hi Car_Man,

    What are the residual % and money factor for 12K (do they also have 10 K?) CR-V EX AWD, not the EX-L or are they all the same?

    Thank you,
    scmichael
  • lromelrome Posts: 6
    Can you tell me what their monthly payments were?

    Thanks,
    Linda
  • hawk600hawk600 Posts: 9
    edited February 2013
    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!
  • 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
  • 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!!! :shades:
  • 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?
  • Hawk - which dealer?
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
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    Prices Paid: Buying & Leasing Experiences Forum
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
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  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    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
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    Prices Paid: Buying & Leasing Experiences Forum
  • hawk600hawk600 Posts: 9
    Peters Honda, Nashua NH, look for Steve.
  • hawk600hawk600 Posts: 9
    Thank you very much Car_man, you are great!
  • CarMan@EdmundsCarMan@Edmunds Posts: 38,518
    You're very welcome hawk600.

    Car_man
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This discussion has been closed.