Looking for advice about leasing a 2016 CR-V EX-L

clr1234clr1234 Member Posts: 1
edited June 2016 in Honda
Looking for advice about leasing a 2016 CR-V EXL in New Jersey. No Money down sign and drive. I have the same deal on a 2013 Model that is expiring in July. What kind of payments can I expect to make?

Answers

  • kyfdxkyfdx Moderator Posts: 249,220
    clr1234 said:

    Looking for advice about leasing a 2016 CR-V EXL in New Jersey. No Money down sign and drive. I have the same deal on a 2013 Model that is expiring in July. What kind of payments can I expect to make?

    MSRP?
    Selling price?
    Term?
    Mileage?

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  • acsing25acsing25 Member Posts: 1
    I just negotiated a 36 month lease with a dealership in Texas for a 2016 Honda CR-V with an EX-L trim with white exterior, beige interior, 12,000 miles per year with $0 down, all taxes, title and fees rolled into the final cost for $360 a month. I think this was the rock bottom price because the dealership initially said they couldn't give me that price for an EX-L with $1000 worth of accessories because they wouldn't make any money, so I ended up getting an EX-L without accessories - I think $360 was quite low.
  • MichaellMichaell Moderator Posts: 248,946
    acsing25 said:

    I just negotiated a 36 month lease with a dealership in Texas for a 2016 Honda CR-V with an EX-L trim with white exterior, beige interior, 12,000 miles per year with $0 down, all taxes, title and fees rolled into the final cost for $360 a month. I think this was the rock bottom price because the dealership initially said they couldn't give me that price for an EX-L with $1000 worth of accessories because they wouldn't make any money, so I ended up getting an EX-L without accessories - I think $360 was quite low.

    Congrats! You are at a bit of a disadvantage in TX as you have to pay sales tax on the full selling price, even for a lease.

    Enjoy the new CR-V!

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  • injera1injera1 Member Posts: 3
    edited June 2016
    Hopefully someone still reads this thread as i'm in the exact same boat as the op.

    North Jersey
    CRV EXL AWD w/o navigation
    12k miles a year
    MSRP I believe is $29,500
    My credit score is 790
    Nothing to trade in
    No money down, all taxes, fees, first month's payment, etc... rolled into 35 months of payments.

    I have been given verbal offers of $340 and $329 (the $340 offer is much closer to home). I was hoping to get this closer to $300 but have been struggling to get anyone to bite. It's almost time for the 2017s so i figured dealers should be eager for my business.

    What did you get the car for? Any experts care to weigh in?
  • kyfdxkyfdx Moderator Posts: 249,220
    injera1 said:

    Hopefully someone still reads this thread as i'm in the exact same boat as the op.

    North Jersey
    CRV EXL AWD w/o navigation
    12k miles a year
    MSRP I believe is $29,500
    My credit score is 790
    Nothing to trade in
    No money down, all taxes, fees, first month's payment, etc... rolled into 35 months of payments.

    I have been given verbal offers of $340 and $329 (the $340 offer is much closer to home). I was hoping to get this closer to $300 but have been struggling to get anyone to bite. It's almost time for the 2017s so i figured dealers should be eager for my business.

    What did you get the car for? Any experts care to weigh in?

    .00080 MF and 62% residual.

    To know how low you can go, you really need to know what this vehicle sells for.
    We have a very active discussion on CR-V Prices Paid, here:
    http://forums.edmunds.com/discussion/38165/honda/cr-v/2016-honda-cr-v-prices-paid-and-buying-experiences#latest

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