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2016 Honda CR-V Lease Questions

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  • MichaellMichaell Moderator Posts: 262,588
    kittyclaw said:

    Hello, may I have the RV and MF for a 2016 CRV LX and EX , All Wheel Drive, 36/24 mileage for zip 12090.
    Thank you

    .00060 MF

    24/15 residual - 67%
    36/15 residual - 60%

    $750 lease cash

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  • kittyclawkittyclaw Member Posts: 11
    Michaell said:

    kittyclaw said:

    Hello, may I have the RV and MF for a 2016 CRV LX and EX , All Wheel Drive, 36/24 mileage for zip 12090.
    Thank you

    .00060 MF

    24/15 residual - 67%
    36/15 residual - 60%

    $750 lease cash
    Can someone tell me how Honda gets to $219 for a CRV lease. Here is the information from their website that I would like to duplicate:

    "2016 Honda CR-V AWD LX automatic transmission. $219 per month based on 36 month closed-end lease. MSRP is $25,945. $219 1st month payment plus $0 down payment in cash or trade equivalent. $0 security deposit. Total due at lease signing $219. Tax, title, registration and $595 acquisition fees are additional. All available incentives are included in lease pricing. 12,000 miles per year and 15¢ per mile thereafter. Total payments of $7,665, with a residual value of $16,085.90"

    Given the MF and Residual value provided here, the sales price would have to be around 23200, excluding the 750 lease cash incentive. Am I calculating that right? Plus does anyone know if upstate NY makes you pay tax upfront for the total lease payment or monthly payment?

    thanks,
    Kathy
  • MichaellMichaell Moderator Posts: 262,588
    kittyclaw said:

    Michaell said:

    kittyclaw said:

    Hello, may I have the RV and MF for a 2016 CRV LX and EX , All Wheel Drive, 36/24 mileage for zip 12090.
    Thank you

    .00060 MF

    24/15 residual - 67%
    36/15 residual - 60%

    $750 lease cash
    Can someone tell me how Honda gets to $219 for a CRV lease. Here is the information from their website that I would like to duplicate:

    "2016 Honda CR-V AWD LX automatic transmission. $219 per month based on 36 month closed-end lease. MSRP is $25,945. $219 1st month payment plus $0 down payment in cash or trade equivalent. $0 security deposit. Total due at lease signing $219. Tax, title, registration and $595 acquisition fees are additional. All available incentives are included in lease pricing. 12,000 miles per year and 15¢ per mile thereafter. Total payments of $7,665, with a residual value of $16,085.90"

    Given the MF and Residual value provided here, the sales price would have to be around 23200, excluding the 750 lease cash incentive. Am I calculating that right? Plus does anyone know if upstate NY makes you pay tax upfront for the total lease payment or monthly payment?

    thanks,
    Kathy
    I get $221/mo with those numbers (.00060 MF and 62% residual for 36/12) - cap cost would be $23,125 for $219/mo. Still, pretty close.

    NY calculates the sales tax against the sum of the payments, and collects it up front. You can choose to pay it up front or add it to the cap cost and pay it over 36 months.

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  • infinitiqxinfinitiqx Member Posts: 5
    Hi,

    What is the MF and residual for a 2016 CRV EX-L with and without Navi/sensing in NY for 3y/10 and 12k pls?

    Thanks
  • MichaellMichaell Moderator Posts: 262,588

    Hi,

    What is the MF and residual for a 2016 CRV EX-L with and without Navi/sensing in NY for 3y/10 and 12k pls?

    Thanks

    I'll assume AWD

    .00060 and 62% / 61% w/o Nav. Subtract 2% to add Nav/Sensing. $750 lease cash

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  • infinitiqxinfinitiqx Member Posts: 5
    Thanks for the quick response.

    I see on tellmethebest.com:

    MSRP 30,645
    Target 27,099

    If I lease, could my cap cost potentially be based on 27,099-750 if the dealer decided to give me all the lease cash?

    Thanks again
  • MichaellMichaell Moderator Posts: 262,588

    Thanks for the quick response.

    I see on tellmethebest.com:

    MSRP 30,645
    Target 27,099

    If I lease, could my cap cost potentially be based on 27,099-750 if the dealer decided to give me all the lease cash?

    Thanks again

    I wouldn't be surprised if that target price already included the lease cash.

    Beyond that, I can't comment on price quotes. There is an active CR-V prices paid forum you can check out:

    http://forums.edmunds.com/discussion/38165/honda/cr-v/2016-honda-cr-v-prices-paid-and-buying-experiences#latest

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  • kittyclawkittyclaw Member Posts: 11
    edited August 2016
    hi, may I have the the MF and Rv for a 2016 CR-v SE awd for 12090, 24/36 months for 10/12 miles. thank you

    read the SE was the better trim to lease instead of the lx
  • MichaellMichaell Moderator Posts: 262,588
    kittyclaw said:

    hi, may I have the the MF and Rv for a 2016 CR-v SE awd for 12090, 24/36 months for 10/12 miles. thank you

    read the SE was the better trim to lease instead of the lx

    LX, SE and EX all have the same residuals, this month.

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  • kittyclawkittyclaw Member Posts: 11
    edited August 2016
    Michaell said:

    kittyclaw said:

    hi, may I have the the MF and Rv for a 2016 CR-v SE awd for 12090, 24/36 months for 10/12 miles. thank you

    read the SE was the better trim to lease instead of the lx

    LX, SE and EX all have the same residuals, this month.
    Would the numbers change if the zip changes to 05201? Thanks
  • kyfdxkyfdx Moderator Posts: 266,012
    kittyclaw said:

    Michaell said:

    kittyclaw said:

    hi, may I have the the MF and Rv for a 2016 CR-v SE awd for 12090, 24/36 months for 10/12 miles. thank you

    read the SE was the better trim to lease instead of the lx

    LX, SE and EX all have the same residuals, this month.
    Would the numbers change if the zip changes to 05201? Thanks
    Nope

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  • jfeins02jfeins02 Member Posts: 207
    what is the MF and Resi on a CRV Touring 2wd at 24/10 & 36/10?
  • delaware1delaware1 Member Posts: 5
    How does Honda typically handle a lease return and going into another lease? What is the best way to negotiate this if there is any value to apply to next lease?
  • kyfdxkyfdx Moderator Posts: 266,012
    jfeins02 said:

    what is the MF and Resi on a CRV Touring 2wd at 24/10 & 36/10?

    Which state?

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  • kyfdxkyfdx Moderator Posts: 266,012
    delaware1 said:

    How does Honda typically handle a lease return and going into another lease? What is the best way to negotiate this if there is any value to apply to next lease?

    For you to realize any positive equity in your lease, the dealership has to take your car in trade, before you turn the vehicle in. Otherwise, just turn it in, and if leasing another car through Honda Finance, they will forgive the disposition fee.

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  • alcapalcap Member Posts: 88
    Hello,
    I live in NJ and I am looking for the money factor and residual for 2016 CR-V Touring AWD 36/12. Also, would like to know if there are any incentives for Labor Day?
  • kyfdxkyfdx Moderator Posts: 266,012
    alcap said:

    Hello,
    I live in NJ and I am looking for the money factor and residual for 2016 CR-V Touring AWD 36/12. Also, would like to know if there are any incentives for Labor Day?

    .00060 MF and 58% residual. $750 lease cash.

    No news on Labor Day incentives

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  • aspacepigaspacepig Member Posts: 2
    edited August 2016
    Hi

    What are you thoughts on this deal for Washington State, Zip 98106.

    2016 CRV LX AWD

    MRSP: 25945

    Cap Cost: 22926.50

    Residual: 16085.90 (62%)

    36 months / 12000 miles a year

    Zero down
    35 payments of 228 (everything rolled over) plus tax
    no disposition fee
    mileage overage at .20

    MF: 0.001

    Thank you
  • kyfdxkyfdx Moderator Posts: 266,012
    aspacepig said:

    Hi

    What are you thoughts on this deal for Washington State, Zip 98106.

    2016 CRV LX AWD

    MRSP: 25945

    Cap Cost: 22926.50

    Residual: 16085.90 (62%)

    36 months / 12000 miles a year

    Zero down
    35 payments of 228 (everything rolled over) plus tax
    no disposition fee
    mileage overage at .20

    MF: 0.001

    Thank you

    Disposition fees get charged at disposition. Not at lease signing.
    That is a really good deal.

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  • aspacepigaspacepig Member Posts: 2
    kyfdx said:

    aspacepig said:

    Hi

    What are you thoughts on this deal for Washington State, Zip 98106.

    2016 CRV LX AWD

    MRSP: 25945

    Cap Cost: 22926.50

    Residual: 16085.90 (62%)

    36 months / 12000 miles a year

    Zero down
    35 payments of 228 (everything rolled over) plus tax
    no disposition fee
    mileage overage at .20

    MF: 0.001

    Thank you

    Disposition fees get charged at disposition. Not at lease signing.
    That is a really good deal.
    Thanks. Yep, I know. Just saying there isn't that at the backend, as part of the deal.

    We ended up going with the EX-L instead, on the following terms:

    MRSP: 30745.00

    Cap Cost: 27539.00

    Residual: 18754.45 (61%)

    36 months / 12000 miles a year

    Zero down
    35 payments of 290 (everything rolled over) plus tax
    no backend disposition fee
    mileage overage at .20

    MF: 0.001
  • delaware1delaware1 Member Posts: 5
    Has anyone leased from Weymouth, MA based off their on line finance calc? For us might be worth the 2 hour drive if these lease prices are legit.
  • miggy177miggy177 Member Posts: 1
    Hi, could you please provide the RV and MF for EX-L trim levels in Bay Area CA 94503 for 15K/3 years. Thanks.
  • amickeyamickey Member Posts: 25
    Hi all - Trying to lease for my parents this weekend in Richmond,VA.
    What are the chances of getting a $199/36 months lease with no money down on an AWD SE or EX?
  • MichaellMichaell Moderator Posts: 262,588
    miggy177 said:

    Hi, could you please provide the RV and MF for EX-L trim levels in Bay Area CA 94503 for 15K/3 years. Thanks.

    59% and .00060. $750 lease cash.

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  • MichaellMichaell Moderator Posts: 262,588
    amickey said:

    Hi all - Trying to lease for my parents this weekend in Richmond,VA.
    What are the chances of getting a $199/36 months lease with no money down on an AWD SE or EX?

    Not likely. What lease term and how many miles per year?

    If you provide us with the MSRP and negotiated cap cost, we can run the payments for you.

    And, in VA the 4.1% sales tax is applied against the entire selling price, which makes leasing more expensive.

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  • andy187andy187 Member Posts: 26
    Hi looking for Honda CRV EX. Zip 07960. 
    15,000 miles per year lease
    also when does the month end? Any promotions / coupons for Labour day?

    Thanks in Advance
  • kyfdxkyfdx Moderator Posts: 266,012
    andy187 said:

    Hi looking for Honda CRV EX. Zip 07960. 
    15,000 miles per year lease
    also when does the month end? Any promotions / coupons for Labour day?

    Thanks in Advance

    .00060 MF and 60% residual. $750 lease cash

    Program runs through 09/06.

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  • stephlitestephlite Member Posts: 14
    Hi - can I please get the CA numbers for MF and Residual for the EX-L with Nav, 3 years, 10k miles? Thanks.
  • kyfdxkyfdx Moderator Posts: 266,012
    stephlite said:

    Hi - can I please get the CA numbers for MF and Residual for the EX-L with Nav, 3 years, 10k miles? Thanks.

    .00060 MF and 59% residual for 36/12.

    No 10K/yr allowance for Honda.

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  • amickeyamickey Member Posts: 25
    edited September 2016
    Michaell said:

    amickey said:

    Hi all - Trying to lease for my parents this weekend in Richmond,VA.
    What are the chances of getting a $199/36 months lease with no money down on an AWD SE or EX?

    Not likely. What lease term and how many miles per year?

    If you provide us with the MSRP and negotiated cap cost, we can run the payments for you.

    And, in VA the 4.1% sales tax is applied against the entire selling price, which makes leasing more expensive.

    Aapreciate the fedback on below:

    CRV AWD - SE
    36 months with 12K miles
    MSRP = 25,845
    Freight = 900
    Selling price = 23,999
    Doc Fee = 599

  • kyfdxkyfdx Moderator Posts: 266,012
    amickey said:

    Michaell said:

    amickey said:

    Hi all - Trying to lease for my parents this weekend in Richmond,VA.
    What are the chances of getting a $199/36 months lease with no money down on an AWD SE or EX?

    Not likely. What lease term and how many miles per year?

    If you provide us with the MSRP and negotiated cap cost, we can run the payments for you.

    And, in VA the 4.1% sales tax is applied against the entire selling price, which makes leasing more expensive.

    Aapreciate the fedback on below:

    CRV AWD - SE
    36 months with 12K miles
    MSRP = 25,845
    Freight = 900
    Selling price = 23,999
    Doc Fee = 599

    .00100 MF and 62% residual.
    Don't break out destination. It's part of the MSRP.
    $26745 MSRP.
    Add doc fee and $595 acq.fee to selling price for $25,195 CAP Cost

    With those numbers, $281/mo.+tax.
    About $311/mo.with tax.

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  • albert_palbert_p Member Posts: 25
    edited September 2016
    Hi,

    This may have been asked before. Looking for info on MF, resid, and any lease incentives on 2016 CRV AWD EXL and EXL Navi for 36/12 and 36/10 in NJ (07090) with Honda Financial.

    thanks!

  • MichaellMichaell Moderator Posts: 262,588
    albert_p said:

    Hi,

    This may have been asked before. Looking for info on MF, resid, and any lease incentives on 2016 CRV AWD EXL and EXL Navi for 36/12 and 36/10 in NJ (07090) with Honda Financial.

    thanks!

    36/12 - .00060 and 61% (EX-L) or 59% (Nav). $750 lease cash.

    If Honda offers 10K in your area, add 1% to the residual.

    These numbers expire today.

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  • delta737hdelta737h Member Posts: 626
    I would like the money factor and residual factor (36 months, 12k annual miles) as well as any customer/dealer cash incentives for a 2016 Honda CR-V Touring AWD with an MSRP: 34,395. I believe the money factor is still 0.00060. My best guess for the residual factor is 57%. Good thru 10/31. I'm aware that there was $750 manufacturer to dealer cash last month but not sure if this is still available or, whether there are any cash incentives for customers... kind of doubt it. THANKS!!!
  • MichaellMichaell Moderator Posts: 262,588
    delta737h said:

    I would like the money factor and residual factor (36 months, 12k annual miles) as well as any customer/dealer cash incentives for a 2016 Honda CR-V Touring AWD with an MSRP: 34,395. I believe the money factor is still 0.00060. My best guess for the residual factor is 57%. Good thru 10/31. I'm aware that there was $750 manufacturer to dealer cash last month but not sure if this is still available or, whether there are any cash incentives for customers... kind of doubt it. THANKS!!!

    We are hoping to get the updated Honda docs soon; however, for the past several months, there have been two different money factors, based on what state you live in.

    What state are you requesting?

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  • delta737hdelta737h Member Posts: 626
    Hi Michaell and thanks for responding... I'm in Ohio.
  • MichaellMichaell Moderator Posts: 262,588
    delta737h said:

    Hi Michaell and thanks for responding... I'm in Ohio.

    Thanks. Unfortunately, we didn't get the Honda numbers today.

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  • toledo73toledo73 Member Posts: 174
    Dealer in bay area just told me the new MF for LX 2wd is .001, with RV 61%. Using these numbers with the honda promotion I get 200 per month. This is msrp 24745 and 21000 cap cost. So, looks pretty close?
  • MichaellMichaell Moderator Posts: 262,588
    toledo73 said:

    Dealer in bay area just told me the new MF for LX 2wd is .001, with RV 61%. Using these numbers with the honda promotion I get 200 per month. This is msrp 24745 and 21000 cap cost. So, looks pretty close?

    I confirm the .00100 MF and 61% for 36/12.

    With those prices, I get $200/mo before tax. That assumes that you pay all the fees and such up front, I presume.

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  • djeddiidjeddii Member Posts: 14
    MF, residual, and any lease incentives on 2016 CRV AWD EX (w/o Nav, no leather) for 36/12 and 36/15 in NY (11385) please
  • toledo73toledo73 Member Posts: 174
    Michaell said:

    toledo73 said:

    Dealer in bay area just told me the new MF for LX 2wd is .001, with RV 61%. Using these numbers with the honda promotion I get 200 per month. This is msrp 24745 and 21000 cap cost. So, looks pretty close?

    I confirm the .00100 MF and 61% for 36/12.

    With those prices, I get $200/mo before tax. That assumes that you pay all the fees and such up front, I presume.
    Thanks. Yes, pay fees up front
  • MichaellMichaell Moderator Posts: 262,588
    djeddii said:

    MF, residual, and any lease incentives on 2016 CRV AWD EX (w/o Nav, no leather) for 36/12 and 36/15 in NY (11385) please

    .00060 and 59% for 36/15. $750 lease cash. Add 2% for 12k

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  • alfstinky1alfstinky1 Member Posts: 92
    Please post MF and RES for the EXL AWD 36/12K no nav in NJ. Thank you !!
  • MichaellMichaell Moderator Posts: 262,588

    Please post MF and RES for the EXL AWD 36/12K no nav in NJ. Thank you !!

    .00060 and 60%. $750 lease cash.

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  • crvmom2016crvmom2016 Member Posts: 3
    Looking for MF and Residual for CR-V EX AWD in NJ 36/10k and lease incentives
  • crvmom2016crvmom2016 Member Posts: 3
    I'm about to sign a lease for a 2016 CRV EX for $269/month for 36 months (incl. finance charge + sales tax). $1,000 due at signing to cover fees. first time leasing a car - just want to know if I'm getting a good deal or if I'm being railroaded by the salesperson. thank you in advance!
  • MichaellMichaell Moderator Posts: 262,588

    Looking for MF and Residual for CR-V EX AWD in NJ 36/10k and lease incentives

    I'm about to sign a lease for a 2016 CRV EX for $269/month for 36 months (incl. finance charge + sales tax). $1,000 due at signing to cover fees. first time leasing a car - just want to know if I'm getting a good deal or if I'm being railroaded by the salesperson. thank you in advance!

    .00060 and 62%.

    $750 lease cash

    Need to know the MSRP (sticker price) and the adjusted cap cost (selling price plus any taxes and fees you aren't paying with the initial $1000) to calculate the payment.

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  • crvmom2016crvmom2016 Member Posts: 3
    Michaell said:
    Looking for MF and Residual for CR-V EX AWD in NJ 36/10k and lease incentives
    I'm about to sign a lease for a 2016 CRV EX for $269/month for 36 months (incl. finance charge + sales tax). $1,000 due at signing to cover fees. first time leasing a car - just want to know if I'm getting a good deal or if I'm being railroaded by the salesperson. thank you in advance!
    .00060 and 62%. $750 lease cash Need to know the MSRP (sticker price) and the adjusted cap cost (selling price plus any taxes and fees you aren't paying with the initial $1000) to calculate the payment.
    I'm going off the sticker price on the Honda website which is 27,395. I put it in a reverse calculator and it gave me ACC $25,124. Was told no other taxes or fees would apply. 
  • trishiestufftrishiestuff Member Posts: 2
    Looking for CRV ex lease info. Dealer quoted price of 25,112- 252x36. 1380 tax, title and 1st. Albany, ny. Good deal? Wait for 17's to come in? Thanks
  • MichaellMichaell Moderator Posts: 262,588


    Michaell said:

    Looking for MF and Residual for CR-V EX AWD in NJ 36/10k and lease incentives

    I'm about to sign a lease for a 2016 CRV EX for $269/month for 36 months (incl. finance charge + sales tax). $1,000 due at signing to cover fees. first time leasing a car - just want to know if I'm getting a good deal or if I'm being railroaded by the salesperson. thank you in advance!

    .00060 and 62%.

    $750 lease cash

    Need to know the MSRP (sticker price) and the adjusted cap cost (selling price plus any taxes and fees you aren't paying with the initial $1000) to calculate the payment.

    I'm going off the sticker price on the Honda website which is 27,395. I put it in a reverse calculator and it gave me ACC $25,124. Was told no other taxes or fees would apply. 

    I get $251/mo before tax with those prices.

    7% tax takes it to $269 ... bang on with the dealer quote.

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