Is this a good lease deal?

mbl7777

Hi all,

I'm looking to lease a 2015 CR-V EX-L model and this is the offer they made me:

Honda CR-V EX-L (it's a new 2015 model)

• Lease Term: 39 months
  
• Taxes: 8.625%
  
• Acquisition Fee: $595
  
• Cap Cost: $29,301
  
• Money Factor: 0.001750
  
• Cost of Car: $28,472
  
• MSRP: $30,275
  
• They said they are selling the car for $29,572 (they said $500 over cost)
  
• Residual: 60%
  

They said the payment will be: $368.33 / month (this includes taxes)

This is *after* I'm trading in a car they valued at $2,000.

What do you think? Someone told me that because they're only charging $500 over cost that there won't be any wiggle room and I wouldn't be able to get them down unless I asked for more for my car (trade-in) or I put money up front.

Thanks all!

kyfdx

mbl7777 said:

Hi all,

I'm looking to lease a 2015 CR-V EX-L model and this is the offer they made me:

Honda CR-V EX-L (it's a new 2015 model)

• Lease Term: 39 months
  
• Taxes: 8.625%
  
• Acquisition Fee: $595
  
• Cap Cost: $29,301
  
• Money Factor: 0.001750
  
• Cost of Car: $28,472
  
• MSRP: $30,275
  
• They said they are selling the car for $29,572 (they said $500 over cost)
  
• Residual: 60%
  

They said the payment will be: $368.33 / month (this includes taxes)

This is *after* I'm trading in a car they valued at $2,000.

What do you think? Someone told me that because they're only charging $500 over cost that there won't be any wiggle room and I wouldn't be able to get them down unless I asked for more for my car (trade-in) or I put money up front.

Thanks all!

What is the MSRP?

We have active pricing and leasing discussions for the 2015 CR-V. You'll find the answer to a lot of your questions there.

http://forums.edmunds.com/discussion/30781/honda/cr-v/2015-honda-cr-v-lease-questions#latest

http://forums.edmunds.com/discussion/30664/honda/cr-v/2015-honda-cr-v-prices-paid-and-buying-experiences#latest

mbl7777

It's listed above: $30,275

kyfdx

mbl7777 said:

It's listed above: $30,275

The calculations are correct with that MSRP and CAP cost.

How they got to that CAP cost, I'm not sure..

mbl7777

Thanks so much! Do you think that's a good deal? or should I try to ask for lower?

kyfdx

mbl7777 said:

Thanks so much! Do you think that's a good deal? or should I try to ask for lower?

Check your price against other members, by using the links provided above.