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Is this a good lease deal?

mbl7777mbl7777 Posts: 15
edited December 2015 in Honda
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!

Comments

  • kyfdxkyfdx Posts: 171,929
    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

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • It's listed above: $30,275
  • kyfdxkyfdx Posts: 171,929
    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..

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

  • Thanks so much! Do you think that's a good deal? or should I try to ask for lower?
  • kyfdxkyfdx Posts: 171,929
    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.

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

This discussion has been closed.