2016 Honda CR-V Lease Questions

kyfdx

edfouz11 said:

What is the MF/RV for Honda CR-V 2016 LX AWD in NOVA?

.00100 MF and 59% residual for 36/15
$900 lease cash

edfouz11

Sorry and what is the MF/RV in Northern VA for Honda CR-V 2016 LX FWD? I have already a Honda Civic lease that will end this month and I would like to know what is the incentive for the Honda member loyalty program?

kyfdx

edfouz11 said:

Sorry and what is the MF/RV in Northern VA for Honda CR-V 2016 LX FWD? I have already a Honda Civic lease that will end this month and I would like to know what is the incentive for the Honda member loyalty program?

Same numbers for FWD.

No info on loyalty incentives.

edfouz11

This is the latest deal I have received for Honda CR-V LX FWD 2016 Lease 36/12k

MSRP: 24,745
Discounted Price: 19,782
0$ down
Monthly Payment: 225$

Is this is a good deal?

Michaell

edfouz11 said:

This is the latest deal I have received for Honda CR-V LX FWD 2016 Lease 36/12k

MSRP: 24,745
Discounted Price: 19,782
0$ down
Monthly Payment: 225$

Is this is a good deal?

What state? Truly sign and drive - nothing due at signing?

Looks solid.

edfouz11

Nothing face to face but so far yes sing and ride. I'm in Northern VA.
I am not sure what the dealer will come up with once we set down to close the deal. Ok if it's not really 0$ down based on that price what do you think is the monthly payment.

Michaell

edfouz11 said:

Nothing face to face but so far yes sing and ride. I'm in Northern VA.
I am not sure what the dealer will come up with once we set down to close the deal. Ok if it's not really 0$ down based on that price what do you think is the monthly payment.

VA taxes the entire selling price. Will need the adjusted cap cost to figure the payment

edfouz11

It's not 0 down, I ended up paying tax plus tags and first payment.

Michaell

edfouz11 said:

It's not 0 down, I ended up paying tax plus tags and first payment.

Congrats! Solid deal.

guoying

crv_buyer1987 said:

Is this a good deal? Buying a 2016 Honda CRV EX 2WD in NYC (sales tax 8.875%)

MSRP: $26,995
Selling price: $22,800
With Dest. Fee: $23,700
Gross cap cost (incl. fees): 24,986
Cap Cost reduction: 1628.01
Residual Value: 16,405
Sales Tax: 691.98
$1000 down, 36 mo, 12k/year, $217/mo

A noobish question: you paid $1000 down, why is "Cap Cost reduction" 1628.01? Is it because you traded in or any other discount?

Michaell

guoying said:

crv_buyer1987 said:

Is this a good deal? Buying a 2016 Honda CRV EX 2WD in NYC (sales tax 8.875%)

MSRP: $26,995
Selling price: $22,800
With Dest. Fee: $23,700
Gross cap cost (incl. fees): 24,986
Cap Cost reduction: 1628.01
Residual Value: 16,405
Sales Tax: 691.98
$1000 down, 36 mo, 12k/year, $217/mo

A noobish question: you paid $1000 down, why is "Cap Cost reduction" 1628.01? Is it because you traded in or any other discount?

There is lease cash available from the dealer; that was probably added into the cash from the customer.

supra911

What's the new November number? 36k/12m. 2016 EX-L w Navi. Is it same without Nav? Also, Honda doesn't have MSD correct? Thanks in advance.

kyfdx

supra911 said:

What's the new November number? 36k/12m. 2016 EX-L w Navi. Is it same without Nav? Also, Honda doesn't have MSD correct? Thanks in advance.

Which state? It makes a difference for the money factor.
56% residual for EXLw/NAV. 58% w/o NAV.
$900 lease cash.

No MSD program.

supra911

kyfdx said:

supra911 said:

What's the new November number? 36k/12m. 2016 EX-L w Navi. Is it same without Nav? Also, Honda doesn't have MSD correct? Thanks in advance.

Which state? It makes a difference for the money factor.
56% residual for EXLw/NAV. 58% w/o NAV.
$900 lease cash.

No MSD program.

Boston, MA

kyfdx

supra911 said:

kyfdx said:

supra911 said:

What's the new November number? 36k/12m. 2016 EX-L w Navi. Is it same without Nav? Also, Honda doesn't have MSD correct? Thanks in advance.

Which state? It makes a difference for the money factor.
56% residual for EXLw/NAV. 58% w/o NAV.
$900 lease cash.

No MSD program.

Boston, MA

.00032 MF

shawy1269

Good Morning,

I'm looking for a lease offer evaluation. I did not get the MF or the residual value from the dealer but here is my quote from South Florida for Honda CRV LX FWD 36/12 and SE FWD

LX
MSRP: 24475
Selling Price: 21267.28
Out the door price: 23594.98

Lease offer: $258 per month including tax $0 down.

$10 more per month for SE trim.

It seems like a good deal. Let me know your thoughts.

Thank you.

kyfdx

shawy1269 said:

Good Morning,

I'm looking for a lease offer evaluation. I did not get the MF or the residual value from the dealer but here is my quote from South Florida for Honda CRV LX FWD 36/12 and SE FWD

LX
MSRP: 24475
Selling Price: 21267.28
Out the door price: 23594.98

Lease offer: $258 per month including tax $0 down.

$10 more per month for SE trim.

It seems like a good deal. Let me know your thoughts.

Thank you.

.00032 MF and 59% residual for either model.

That's a pretty good payment for a CRV lease

shawy1269

kyfdx said:

shawy1269 said:

shawy1269 said:
Good Morning,

I'm looking for a lease offer evaluation. I did not get the MF or the residual value from the dealer but here is my quote from South Florida for Honda CRV LX FWD 36/12 and SE FWD

LX
MSRP: 24475
Selling Price: 21267.28
Out the door price: 23594.98

Lease offer: $258 per month including tax $0 down.

$10 more per month for SE trim.

It seems like a good deal. Let me know your thoughts.

Thank you.

.00032 MF and 59% residual for either model.

That's a pretty good payment for a CRV lease

Should I be concerned by the high money factor?

guoying

What is the MF/RV, rebase, etc. for these setups:
all 36/12:
2016 SE FWD and AWD
2016 EX FWD and AWD
in NY (around NYC area)
Thanks for the help!

Michaell

shawy1269 said:

kyfdx said:

shawy1269 said:

shawy1269 said:
Good Morning,

I'm looking for a lease offer evaluation. I did not get the MF or the residual value from the dealer but here is my quote from South Florida for Honda CRV LX FWD 36/12 and SE FWD

LX
MSRP: 24475
Selling Price: 21267.28
Out the door price: 23594.98

Lease offer: $258 per month including tax $0 down.

$10 more per month for SE trim.

It seems like a good deal. Let me know your thoughts.

Thank you.

.00032 MF and 59% residual for either model.

That's a pretty good payment for a CRV lease

Should I be concerned by the high money factor?

.00032 is still less than 1% (.77%, to be exact).

Pretty cheap money.

Michaell

guoying said:

What is the MF/RV, rebase, etc. for these setups:
all 36/12:
2016 SE FWD and AWD
2016 EX FWD and AWD
in NY (around NYC area)
Thanks for the help!

.00032 and 59% for all 4 trim and drivetrain combos.

$900 lease cash.

rockstarnj

Good Morning!

Can you please provide MF/RV for AWD EX-L w/ Nav as well as Touring in NJ? 36/12

Is there a minimum % off MSRP that you recommend as being fair to target based on prices paid?

It seems like fees and first month should run about $700...any guidance would be greatly appreciated. Thanks in advance!

kyfdx

rockstarnj said:

Good Morning!

Can you please provide MF/RV for AWD EX-L w/ Nav as well as Touring in NJ? 36/12

Is there a minimum % off MSRP that you recommend as being fair to target based on prices paid?

It seems like fees and first month should run about $700...any guidance would be greatly appreciated. Thanks in advance!

56%/55% residual for EXLNAV/Touring.
.00032 MF and $900 dealer cash.

There is a pretty active pricing discussion here.
http://forums.edmunds.com/discussion/38165/honda/cr-v/2016-honda-cr-v-prices-paid-and-buying-experiences#latest
There is the same incentive for purchase or lease, this month, so you should be able to directly compare.

$595 acquisition fee on every Honda lease
DMV fees for NJ should be around $300-$400. Watch out for dealer/doc fees.

rockstarnj

Thanks! can you please also provide MF/RV for 36/10? (Touring) I was under the impression that Honda didn't offer 10k lease terms, however the dealer suggested as an option.

kyfdx

rockstarnj said:

Thanks! can you please also provide MF/RV for 36/10? (Touring) I was under the impression that Honda didn't offer 10k lease terms, however the dealer suggested as an option.

We see 10K/yr offered in the tri-state area.

Just add 1% to the 12K/yr number.

rockstarnj

I was offered $29,230 sales price on a 34,395 MSRP (2016 CR-V Touring)

Based on the following I am calculating a payment of $305/mo which includes 7% tax built in.

10k/36mo
56% RV/.00032 MF

First month and fees will total approx $1,300 however I have yet to receive the itemization of this.

Any feedback would be greatly appreciated.

Thanks!

rolento76

rockstarnj said:

I was offered $29,700 sales price on a 34,395 MSRP (2016 CR-V Touring)

Based on the following I am calculating a payment of $305/mo which includes 7% tax built in.

10k/36mo
56% RV/.00032 MF

First month and fees will total approx $1,300 however I have yet to receive the itemization of this.

Any feedback would be greatly appreciated.

Thanks!

Hi rockstarnj,

I am also looking for a CR-V Touring in NJ. Your deal looks pretty good. Which dealership is this?

kyfdx

rockstarnj said:

I was offered $29,230 sales price on a 34,395 MSRP (2016 CR-V Touring)

Based on the following I am calculating a payment of $305/mo which includes 7% tax built in.

10k/36mo
56% RV/.00032 MF

First month and fees will total approx $1,300 however I have yet to receive the itemization of this.

Any feedback would be greatly appreciated.

Thanks!

I get $292/mo.+tax... or about $313/mo.

1st payment, $595 acquisition fee, doc fee, DMV fees upfront.

sjeed

May I please have the MF and Residual for a 2016 Honda CR-V Touring AWD & FWD in Northern California for a 36 mos, 12k lease. Also please advise if any incentives and/or rebates. Thank you!

Michaell

sjeed said:

May I please have the MF and Residual for a 2016 Honda CR-V Touring AWD & FWD in Northern California for a 36 mos, 12k lease. Also please advise if any incentives and/or rebates. Thank you!

.00072 and 55% for both

$900 lease cash.

sjeed

Confirming the MF. I just realized the prior post reports this as .00032? But that prior post is also for a 10K lease. I thought Honda only offered 12k leases?

Michaell

sjeed said:

Confirming the MF. I just realized the prior post reports this as .00032? But that prior post is also for a 10K lease. I thought Honda only offered 12k leases?

There are two MF for the CR-V - .00032 and .00072. I'm pretty sure NorCal uses the higher of the two.

And, the only place we know where Honda offers a 10K lease term is the NY/NJ/CT area.

amb1981

Good Morning, can you please provide the MF and Residual for a 2016 Honda CR-V Touring AWD & EX-L AWD in New Jersey for a 36 mos, 12k lease. Also please advise if any incentives and/or rebates. Many thanks!

kyfdx

amb1981 said:

Good Morning, can you please provide the MF and Residual for a 2016 Honda CR-V Touring AWD & EX-L AWD in New Jersey for a 36 mos, 12k lease. Also please advise if any incentives and/or rebates. Many thanks!

.00032 MF and 55%/58% residual for Touring/EXL. (subtract 2% if EXL has NAV)
$900 dealer cash.

guoying

Dear there,
What is the MF/RV, rebase, etc. for
2016 SE/EX/EX-L AWD, 36/12
in NY (around NYC area)?
Does it still have any dealer cash?
Thanks for the help!

kyfdx

guoying said:

Dear there,
What is the MF/RV, rebase, etc. for
2016 SE/EX/EX-L AWD, 36/12
in NY (around NYC area)?
Does it still have any dealer cash?
Thanks for the help!

.00032 MF and $900 lease cash.
59% residual (SE/EX). 58% residual (EX-L)

dolphin5

Can you let me know if Honda offers 18 k/mi year leases, and if so, can you let me know what the 24 mo / 18 k mf and residual are for CR-V EX-L in the nyc metro area.

Thanks!

Michaell

dolphin5 said:

Can you let me know if Honda offers 18 k/mi year leases, and if so, can you let me know what the 24 mo / 18 k mf and residual are for CR-V EX-L in the nyc metro area.

Thanks!

15K is the highest mileage allowance Honda offers; likely that extra miles are charged up front on a per mile basis.

.00032 and 56%

dimaria

Hello. Can you please provide me with the MF and Residual for a 2016 CRV EXL with NAV for 36 months and 10K miles per year for NYC. Thanks.

Michaell

dimaria said:

Hello. Can you please provide me with the MF and Residual for a 2016 CRV EXL with NAV for 36 months and 10K miles per year for NYC. Thanks.

.00032 and 57%

Michaell

Michaell said:

dimaria said:

Hello. Can you please provide me with the MF and Residual for a 2016 CRV EXL with NAV for 36 months and 10K miles per year for NYC. Thanks.

.00032 and 57%

EDIT - $900 lease cash available.

uhhcarfun

Hi- can you please help me with MF and residual in december for a 2016 honda crv LX awd 3 yr/10k and 12k in NYC area
also, any known lease cash specials
thx a lot

Michaell

uhhcarfun said:

Hi- can you please help me with MF and residual in december for a 2016 honda crv LX awd 3 yr/10k and 12k in NYC area
also, any known lease cash specials
thx a lot

.00032 and 60% / 59%. $900 lease cash.

sda

I am trying to help a late friend's wife get info on leasing for her daughter at college for the following two Hondas. Both would be for 36m/12k/yr/0 down. Zip code 15238

Honda CR-V LX AWD
Honda HR-V LX AWD

What would be a good monthly payment that they could aim for? Sorry couldn't find the HR-V thread--guess I didn't look hard enough.

Thanks,
Steve

Michaell

sda said:

I am trying to help a late friend's wife get info on leasing for her daughter at college for the following two Hondas. Both would be for 36m/12k/yr/0 down. Zip code 15238

Honda CR-V LX AWD
Honda HR-V LX AWD

What would be a good monthly payment that they could aim for? Sorry couldn't find the HR-V thread--guess I didn't look hard enough.

Thanks,
Steve

2016 HR-V lease discussion:
http://forums.edmunds.com/discussion/35593/honda/hr-v/2016-honda-hr-v-lease-questions#latest

2017 HR-V lease discussion:
http://forums.edmunds.com/discussion/43231/honda/hr-v/2017-honda-hr-v-lease-questions#latest

What state is this for? CR-V has two different MF, based on state of registration.

sda

Michaell said:

sda said:

I am trying to help a late friend's wife get info on leasing for her daughter at college for the following two Hondas. Both would be for 36m/12k/yr/0 down. Zip code 15238

Honda CR-V LX AWD
Honda HR-V LX AWD

What would be a good monthly payment that they could aim for? Sorry couldn't find the HR-V thread--guess I didn't look hard enough.

Thanks,
Steve

2016 HR-V lease discussion:
http://forums.edmunds.com/discussion/35593/honda/hr-v/2016-honda-hr-v-lease-questions#latest

2017 HR-V lease discussion:
http://forums.edmunds.com/discussion/43231/honda/hr-v/2017-honda-hr-v-lease-questions#latest

What state is this for? CR-V has two different MF, based on state of registration.

Pittsburgh, PA

kyfdx

sda said:

I am trying to help a late friend's wife get info on leasing for her daughter at college for the following two Hondas. Both would be for 36m/12k/yr/0 down. Zip code 15238

Honda CR-V LX AWD
Honda HR-V LX AWD

What would be a good monthly payment that they could aim for? Sorry couldn't find the HR-V thread--guess I didn't look hard enough.

Thanks,
Steve

Pennsylvania?

59% residual. $900 lease cash
Either .00032 or .00072 MF (not sure which region PA falls into).

pocoroba20

Looking for a 2016 Honda CR-V LX AWD or Honda CR-V EX AWD Lease. 36 mo. 12K miles. Zip code is 01841.

Please provide Residual % and Money Factor along with any deals for December. If you have a Selling Price for vehicle, let me know, too.

Thanks,

Eric

kyfdx

pocoroba20 said:

Looking for a 2016 Honda CR-V LX AWD or Honda CR-V EX AWD Lease. 36 mo. 12K miles. Zip code is 01841.

Please provide Residual % and Money Factor along with any deals for December. If you have a Selling Price for vehicle, let me know, too.

Thanks,

Eric

.00032 MF and 59% residual. $900 lease cash
Either trim.

pocoroba20

Thank You...