2015 Honda CR-V Lease Questions

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  • mikieguns5mikieguns5 Member Posts: 39

    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.

    brpanthers - which dealer in NJ did you go to?
  • mikieguns5mikieguns5 Member Posts: 39
    I did some negotiating on presidents day at my typical dealer I go to. I am trying to turn in my 2012 LX lease a few months early and get into a new 2015 one. For my current lease 3 years ago I got $267 / month plus $1500 down, so I am trying to beat that. Their best offer to me was $283 per month with zero down on a new LX (or $247 per month plus $1500 down), and they would pay off my current lease - but it was for only 10K annual miles (I need 12K) and they would not pay my current disposition fee or consider an EX upgrade so I am shopping around a bit more. Any reccos?
  • brpanthers99brpanthers99 Member Posts: 10
    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.
    brpanthers - which dealer in NJ did you go to?
    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.
  • mikieguns5mikieguns5 Member Posts: 39



    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.

    brpanthers - which dealer in NJ did you go to?

    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.

    Thanks. Do you mind telling me who you worked with or emailed?
  • brpanthers99brpanthers99 Member Posts: 10
    edited February 2015
    Georgemikieguns5 said:
    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.
    brpanthers - which dealer in NJ did you go to?
    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.
    Thanks. Do you mind telling me who you worked with or emailed?
    George/Lisa in the Internet dept.  request a quote on their website and go from there.
  • mikieguns5mikieguns5 Member Posts: 39

    Georgemikieguns5 said:





    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.
    brpanthers - which dealer in NJ did you go to?

    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.

    Thanks. Do you mind telling me who you worked with or emailed?
    George/Lisa in the Internet dept.  request a quote on their website and go from there.

    Thanks! I may contact them to try and get the same deal or something similar. So far the best offer I got is from my go to dealer - Open Road. Their best offer to me was $283 per month with zero down on a new LX and they would pay off my current lease (3 more payments) - but it was for only 10K annual miles (I need 12K) and they would not pay my current disposition fee so I left to try shopping around more. I know it was a very good offer though. Although I think I want an EX this time!
  • brpanthers99brpanthers99 Member Posts: 10
    Georgemikieguns5 said:
    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.
    brpanthers - which dealer in NJ did you go to?
    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.
    Thanks. Do you mind telling me who you worked with or emailed?
    George/Lisa in the Internet dept.  request a quote on their website and go from there.
    Thanks! I may contact them to try and get the same deal or something similar. So far the best offer I got is from my go to dealer - Open Road. Their best offer to me was $283 per month with zero down on a new LX and they would pay off my current lease (3 more payments) - but it was for only 10K annual miles (I need 12K) and they would not pay my current disposition fee so I left to try shopping around more. I know it was a very good offer though. Although I think I want an EX this time!
    The EX has so many nice features in it. There is no reason to go any level above it. It's like a luxury vehicle.
  • heron4heron4 Member Posts: 21
    Do you have the residuals for 36 months/10 k year lease for an EX AWD? Also, is there anything below 10k/year that is considered a standard lease for which residuals are available?

    thanks
  • MichaellMichaell Moderator Posts: 260,984
    heron4 said:

    Do you have the residuals for 36 months/10 k year lease for an EX AWD? Also, is there anything below 10k/year that is considered a standard lease for which residuals are available?

    thanks

    66% for 36/10 or, this month only, 39/10. Nothing lower than 10K miles per year supported by Honda.

    .00160 MF.

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  • dealbreaker1dealbreaker1 Member Posts: 13
    MF, residual and incentives for both an AWD LL and AWD EX in Colorado? Interested in a 36mo, 42mo and a 48mo if they offer them. Also, are there any 2014's floating around still? If so, same numbers on those, please.
  • kyfdxkyfdx Moderator Posts: 263,586

    MF, residual and incentives for both an AWD LL and AWD EX in Colorado? Interested in a 36mo, 42mo and a 48mo if they offer them. Also, are there any 2014's floating around still? If so, same numbers on those, please.


    .00160 MF and 65% residual for 39mo, 12K/yr

    Check dealer websites for 2014 inventory.... not likely to be any.

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  • heron4heron4 Member Posts: 21
    Did the residuals/MF changes for EX AWD for March? Are there any new dealers incentives available this month?
  • jbl140jbl140 Member Posts: 18
    Hi, what is the MF and RV for an a Touring AWD as well as EX-L AWD in NorCal? I am looking for 36m/12k and as close to zero down as possible. Thanks!
  • kyfdxkyfdx Moderator Posts: 263,586
    heron4 said:

    Did the residuals/MF changes for EX AWD for March? Are there any new dealers incentives available this month?

    No changes..no incentives

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  • kyfdxkyfdx Moderator Posts: 263,586
    jbl140 said:

    Hi, what is the MF and RV for an a Touring AWD as well as EX-L AWD in NorCal? I am looking for 36m/12k and as close to zero down as possible. Thanks!


    .00160 MF and 61% residual for Touring, 64% for EX-L

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  • jbl140jbl140 Member Posts: 18
    Thanks! I've been cross shopping with RDX which has a higher MSRP but some great lease deals currently. For e.g., RDX with Tech package has a lease special of $410 for 35 months with zero down. MSRP is $39715 with capitalized cost of $37295, 59% residual and 0.00011 MF. How should I compare that with CRV Touring FWD for which I got a quote of $31990? Would my payments be lesser on RDX with such a low MF?
    kyfdx said:

    jbl140 said:

    Hi, what is the MF and RV for an a Touring AWD as well as EX-L AWD in NorCal? I am looking for 36m/12k and as close to zero down as possible. Thanks!


    .00160 MF and 61% residual for Touring, 64% for EX-L
  • kyfdxkyfdx Moderator Posts: 263,586
    A Touring won't save you any money, but if you can do without NAV, the EX-L would likely be cheaper.

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  • pandaxoxpandaxox Member Posts: 24
    Is this lease OK?
    CRV EX AWD 2015. MSRP incl Destination 27,500

    Purchase/Lease price $25,600

    Lease term 36months/12k = $321/mo
    Residual $17, 875

    Thanks
  • MichaellMichaell Moderator Posts: 260,984
    pandaxox said:

    Is this lease OK?
    CRV EX AWD 2015. MSRP incl Destination 27,500

    Purchase/Lease price $25,600

    Lease term 36months/12k = $321/mo
    Residual $17, 875

    Thanks

    I'm getting $284.14/mo pre-tax. What state is this, and what is the tax rate? Any money due at signing?

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  • pandaxoxpandaxox Member Posts: 24
    ct. oops, 1k at signing.
    Tax 6.35
    Thanks
  • MichaellMichaell Moderator Posts: 260,984
    pandaxox said:

    ct. oops, 1k at signing.
    Tax 6.35
    Thanks

    With tax, the payment goes to $302.19. Ask the dealer what the net cap cost is; there might be a fee or two hidden in there.

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  • pandaxoxpandaxox Member Posts: 24
    Thank you so much.
    What is a net cap cost?

    This is my first lease....that is, IF it happens.
    I wanted my payments to be no more than $300/mo, but he said that is what he's getting.
    I'm sure there are hidden fees. I'll ask.
  • cars16cars16 Member Posts: 10

    Georgemikieguns5 said:





    Landed an amazing deal this weekend. 2015 CRV EX AWD, 12k miles for 36 months. Lease was from a NJ dealer.

    0 down, all taxes and fees included, $299 per month.

    Best advice is to get internet quotes from multiple dealers, try to negotiate payment in email before you go in, and make sure your email says 0 down and all taxes and fees included.  I got many quotes of 330-403 but you only need one dealer to give you a deal.
    brpanthers - which dealer in NJ did you go to?

    Paul Miller Honda in West Caldwell but I negotiated the entire deal in email before I even went in.

    Thanks. Do you mind telling me who you worked with or emailed?
    George/Lisa in the Internet dept.  request a quote on their website and go from there.

    Hi, the dealer asks who referred on this deal. if don't mind, can you share your name as a referral and purchase date?
    thank you
  • Rocco35Rocco35 Member Posts: 6
    Hi - Can you tell me what the current residual and MF is for a 2015 CRV LX AWD? 36 months/12k miles. Also, what are the current incentives/dealer cash back?
  • Rocco35Rocco35 Member Posts: 6
    Rocco35 said:

    Hi - Can you tell me what the current residual and MF is for a 2015 CRV LX AWD? 36 months/12k miles. Also, what are the current incentives/dealer cash back?

    In New Jersey
  • kyfdxkyfdx Moderator Posts: 263,586
    Rocco35 said:

    Hi - Can you tell me what the current residual and MF is for a 2015 CRV LX AWD? 36 months/12k miles. Also, what are the current incentives/dealer cash back?


    .00160 MF and 65% residual. No incentives

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  • 53x1953x19 Member Posts: 5
    Looking for residual/money factor for CRV EX AWD - 36 month/12k in Colorado. Thanks
  • kyfdxkyfdx Moderator Posts: 263,586
    53x19 said:

    Looking for residual/money factor for CRV EX AWD - 36 month/12k in Colorado. Thanks

    .00160 MF and 65% residual

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  • ruggmanruggman Member Posts: 15
    I was quoted 41,170 for touring elite in pacific NW.
    upfront fees: 964.67
    monthly payment 547.42

    thoughts?
    I don't know residual / MF

    Thanks
    Scott
  • MichaellMichaell Moderator Posts: 260,984
    ruggman said:

    I was quoted 41,170 for touring elite in pacific NW.
    upfront fees: 964.67
    monthly payment 547.42

    thoughts?
    I don't know residual / MF

    Thanks
    Scott

    $41K for a CR-V? Wow....

    What is the lease term and how many miles per year? What is the MSRP?

    MF is .00160

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  • sparklandsparkland Member Posts: 121
    My local Honda dealer is offering a 36 month/12,000 miles/yr lease on a Honda CRV LX AWD model for $260/month with no money down, and 0 payment the first month. Seems like a decent deal. The residual at the end of the lease is $16,623. The sale price is $25,213. I do not have any other deals like money factor.

    Is this a nice offer?

    Thanks, Brad
  • MichaellMichaell Moderator Posts: 260,984
    sparkland said:
    My local Honda dealer is offering a 36 month/12,000 miles/yr lease on a Honda CRV LX AWD model for $260/month with no money down, and 0 payment the first month. Seems like a decent deal. The residual at the end of the lease is $16,623. The sale price is $25,213. I do not have any other deals like money factor. Is this a nice offer? Thanks, Brad
    Looks pretty good. 

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  • jgalindo1224jgjgalindo1224jg Member Posts: 47
    So looking into a 2015 crv ex with navi
    Msrp 27675 including 880 destination fee
    Sale Price  26037 not including doc fee (dont know if it applies  to lease)

    Looking to do 12k/36 months

    Whats the money factor, would be residual value, residual %? Any incentives 

    Montly payments 0 down
    Montly payment nothing down (as in ny tax, bank fee 1st payment)

    Thanks
  • MichaellMichaell Moderator Posts: 260,984
    edited March 2015

    So looking into a 2015 crv ex with navi
    Msrp 27675 including 880 destination fee
    Sale Price  26037 not including doc fee (dont know if it applies  to lease)

    Looking to do 12k/36 months

    Whats the money factor, would be residual value, residual %? Any incentives 

    Montly payments 0 down
    Montly payment nothing down (as in ny tax, bank fee 1st payment)

    Thanks

    MF is .00160, 36/12 residual is 62% (same residual for 39 months as well).

    Using your MSRP and sale price, I get a pre-tax payment of $315.74; 39 month payment would drop to $296.77

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  • jgalindo1224jgjgalindo1224jg Member Posts: 47
    So for 39 months how would the mileage work since its 12 months in year and this is would be 3 yrs and 2 months? 296.77 would be me paying ny tax, 595 bank fee ,dmv fees and 1st payment? What exactly would get taxed? Sorry for all the question's im a newbie at this
  • MichaellMichaell Moderator Posts: 260,984

    So for 39 months how would the mileage work since its 12 months in year and this is would be 3 yrs and 2 months?

    296.77 would be me paying ny tax, 595 bank fee ,dmv fees and 1st payment?

    What exactly would get taxed?
    Sorry for all the question's im a newbie at this

    Yes, the $296.77 would require that you pay all the sales tax up front, in addition to the other fees.

    The sum of the payments is what is subject to sales tax in NY on a lease.

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  • kyfdxkyfdx Moderator Posts: 263,586
    Michaell said:

    ruggman said:

    I was quoted 41,170 for touring elite in pacific NW.
    upfront fees: 964.67
    monthly payment 547.42

    thoughts?
    I don't know residual / MF

    Thanks
    Scott

    $41K for a CR-V? Wow....

    What is the lease term and how many miles per year? What is the MSRP?

    MF is .00160
    Touring Elite is an Odyssey, right?

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  • gwarrenflgwarrenfl Member Posts: 96
    Hi looking at an EX-L in South FL can you tell me if the same MF and residual apply as on the EX.
    I was given .00170 and 64 % on a 36 month 12,000 miles per.
    Also said the selling price at $26,500 for a MSRP at $29,025. $2500 under MSRP seems very good to me is there any Money back to the dealer to accomplish this.
    Also how long will the current MF and residual be available.
    Does Honda ever have a supported program on the EX-L like they do on the LX?

    Thank you Gwarrenfl
  • MichaellMichaell Moderator Posts: 260,984
    gwarrenfl said:

    Hi looking at an EX-L in South FL can you tell me if the same MF and residual apply as on the EX.
    I was given .00170 and 64 % on a 36 month 12,000 miles per.
    Also said the selling price at $26,500 for a MSRP at $29,025. $2500 under MSRP seems very good to me is there any Money back to the dealer to accomplish this.
    Also how long will the current MF and residual be available.
    Does Honda ever have a supported program on the EX-L like they do on the LX?

    Thank you Gwarrenfl

    I confirm the residual of 64% and MF of .00170 for EX-L FWD.

    The MF expires on 4/13.

    I would suggest you check out the "CR-V Prices Paid" discussion to see what others are paying. You might be able to get more off the sticker price than you realize.

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  • tjm111tjm111 Member Posts: 60
    Can you provide the MF and residual for both a LX AWD and EX AWD CR-V? I'd be looking in MA for a 36 month/12K lease. thank you!
  • MichaellMichaell Moderator Posts: 260,984
    tjm111 said:

    Can you provide the MF and residual for both a LX AWD and EX AWD CR-V? I'd be looking in MA for a 36 month/12K lease. thank you!

    .00170 MF for both

    LX and EX have the same residuals for 36/12 - 65%

    Actually, 65% is also the residual for 39/12 as well.

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  • tjm111tjm111 Member Posts: 60
    Thanks! The dealership quoted me an LX with a money factor of .0105 and .00170 for the EX. Is that a way of hiding something in the payment on the LX?
  • MichaellMichaell Moderator Posts: 260,984
    tjm111 said:

    Thanks! The dealership quoted me an LX with a money factor of .0105 and .00170 for the EX. Is that a way of hiding something in the payment on the LX?

    I've not known Honda dealers to mark up the MF, though they are allowed to do so. Contact another dealer and see if you get a different answer.

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  • kylez0209kylez0209 Member Posts: 43
    Hello. Can I get the residual and MF for a CRV LX FWD for 39 mo/12k and  39 mo/10k in SoCal? Thanks! 
  • tjm111tjm111 Member Posts: 60
    @michaell the dealership is Weymouth Honda and if you use their lease calculator on their site you can see the MF listed as .0105 on the LX. Looks like it wasn't just on the quote sent to me.
  • kyfdxkyfdx Moderator Posts: 263,586
    kylez0209 said:

    Hello. Can I get the residual and MF for a CRV LX FWD for 39 mo/12k and  39 mo/10k in SoCal? Thanks! 

    .00160 MF and 65% residual for 39mo, 12K/yr..

    10K/yr allowance not offered

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  • kyfdxkyfdx Moderator Posts: 263,586
    tjm111 said:

    @michaell the dealership is Weymouth Honda and if you use their lease calculator on their site you can see the MF listed as .0105 on the LX. Looks like it wasn't just on the quote sent to me.

    It's possible it could be .00105... but, not .0105

    Might be some sort of regional deal in the NE... if so, we wouldn't have the info..

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  • tjm111tjm111 Member Posts: 60
    How does this deal look for an EX?

    MSRP $27,675
    Selling price $25,632.65 plus $595 acq fee
    39 month / 12k per year
    $0 down - sign and drive lease
    $299 inc tax per month
  • MichaellMichaell Moderator Posts: 260,984
    tjm111 said:

    How does this deal look for an EX?

    MSRP $27,675
    Selling price $25,632.65 plus $595 acq fee
    39 month / 12k per year
    $0 down - sign and drive lease
    $299 inc tax per month

    I'm getting $299.76/mo before tax.

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  • tjm111tjm111 Member Posts: 60
    @Michaell I pulled the numbers from the contract so hopefully I gave the right numbers. That was the deal I got and the $299.63 payment includes tax (6.25) in MA.
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