2017 Honda CR-V Lease Deals and Prices

kyfdx

mcalc said:

Hi, Looking to get MF and Residual for 10,000/year on a Touring (FWD) and AWD. I browsed the above and didn't see a response for that combo, hope you can help! thanks!

12K/yr is the lowest Honda offers.

.00200 MF and 62% residual for 36/12

theleaser

Greetings...looking for figures/incentives on a 2017 CR-V EX 2WD, 36/12K in Las Vegas, NV...thanks!

Michaell

theleaser said:

Greetings...looking for figures/incentives on a 2017 CR-V EX 2WD, 36/12K in Las Vegas, NV...thanks!

.00200 and 65%

theleaser

Michaell said:

theleaser said:

Greetings...looking for figures/incentives on a 2017 CR-V EX 2WD, 36/12K in Las Vegas, NV...thanks!

.00200 and 65%

Thanks again!

templeowls

Are the MF and RV available for March yet? I need the numbers for 36/12k EX or EX-L in NJ. Thanks! 

kyfdx

templeowls said:

Are the MF and RV available for March yet? I need the numbers for 36/12k EX or EX-L in NJ. Thanks! 

.00200 MF and 65% residual, for either trim.

shand32783

Can you please share the MF/Resid for a EX and a EX-L in the 98445 zip with 36m/15k lease. Thanks

Michaell

shand32783 said:

Can you please share the MF/Resid for a EX and a EX-L in the 98445 zip with 36m/15k lease. Thanks

63% and .00200, either trim

ohiohondaguy

I hope people know that the .00200 MF is with a preferred credit score. Otherwise you would probably be looking at .00245. Not too much of a difference but still noticeable!

Michaell

ohiohondaguy said:

I hope people know that the .00200 MF is with a preferred credit score. Otherwise you would probably be looking at .00245. Not too much of a difference but still noticeable!

4.8% vs. 5.88% - yep, that's noticeable!

xracerfl

Very interested in the CR-V as it offers most room and best gas mileage of everything I am looking at; however, I can't get past the .00200 MF. Actually, all dealers are quoting .00210 in the Orlando, FL area and insisting that is the MF, not .00200, and will not budge. Between the high MF, hard line prices and their ridiculous non-negotiable $699 dealer fee and you are really taking a bath on the CR-V.

Other things I can't get past is that a CR-V EX would suit my needs; however, it doesn't have satellite radio and I can't get past the stupid idiot light for the TPMS. I like seeing the individual tire pressure. Moving to a CR-V EX-L only adds insult to injury.

Michaell

xracerfl said:

Very interested in the CR-V as it offers most room and best gas mileage of everything I am looking at; however, I can't get past the .00200 MF. Actually, all dealers are quoting .00210 in the Orlando, FL area and insisting that is the MF, not .00200, and will not budge. Between the high MF, hard line prices and their ridiculous non-negotiable $699 dealer fee and you are really taking a bath on the CR-V.

Other things I can't get past is that a CR-V EX would suit my needs; however, it doesn't have satellite radio and I can't get past the stupid idiot light for the TPMS. I like seeing the individual tire pressure. Moving to a CR-V EX-L only insult to injury.

We aren't 100% certain what the standard MF is - we've seen documents that show .00200, but it may have changed to .00210 without our knowing.

And, given how popular the CR-V is, I can't say I'm surprised by the MF that Honda has set. Strike while the iron is hot.

mattyfo0z

What are the credit tiers for Honda?

Michaell

mattyfo0z said:

What are the credit tiers for Honda?

I don't have them for leases, but for a purchase, you qualify for the best APR if your score is 660 or higher.

arcticz3

Hello,

I'm looking for the Residual and MF for a 12/36 and 12/24 lease on a 2017 CRV LX in Washington (98034). Thank you!

Michaell

arcticz3 said:

Hello,

I'm looking for the Residual and MF for a 12/36 and 12/24 lease on a 2017 CRV LX in Washington (98034). Thank you!

64% / 70% and .00210

losangeles2

New to leasing. Apologize in advance for rookie questions. Want to lease a 2017 Honda CR-V EX-L 2WD in Los Angeles. Have a purchase price quote for $26,920. What would a good lease deal be for 36 months @ 15,000 miles/year (ideally, $0 to $500 down). What would the MF and residual be? . How do I then calculate what the lease terms would be? Any strategies on getting dealers to give me a good deal? Thank you!

Michaell

losangeles2 said:

New to leasing. Apologize in advance for rookie questions. Want to lease a 2017 Honda CR-V EX-L 2WD in Los Angeles. Have a purchase price quote for $26,920. What would a good lease deal be for 36 months @ 15,000 miles/year (ideally, $0 to $500 down). What would the MF and residual be? . How do I then calculate what the lease terms would be? Any strategies on getting dealers to give me a good deal? Thank you!

63% and .00210.

Need to know the MSRP to calculate the payment.

losangeles2

Thanks Michaell. Sorry, the MSRP is $30,135. If possible, could you also please calculate this with 12,000 miles? Appreciate all your time and efforts.

Michaell

losangeles2 said:

Thanks Michaell. Sorry, the MSRP is $30,135. If possible, could you also please calculate this with 12,000 miles? Appreciate all your time and efforts.

65% for 36/12

With those prices, I get a payment of $317/mo before tax for 15K, or $301/mo before tax for 12K

mattyfo0z

@losangeles2

If the dealer ends up agreeing to that sale price, would you mind PMing me the dealership? No competition where I live so dealers are sticking to MSRP for the time being and LA is only two hours away. Thanks in advance.

losangeles2

Thanks again Michaell. Nice to have you behind me while I negotiate! Last question: those figures were for putting zerodown... correct?

Michaell

losangeles2 said:

Thanks again Michaell. Nice to have you behind me while I negotiate! Last question: those figures were for putting zerodown... correct?

I just used the prices provided ... no assumptions made regarding down payment.

dacarmon

Florida - 15K & 18K, 36 Months, FWD - EXL & Touring

Michaell

dacarmon said:

Florida - 15K & 18K, 36 Months, FWD - EXL & Touring

No 18K allowance from Honda - likely to be a per mile deduction from the residual. Check with the dealer.

.00210 and 63% (EX-L) 62% (EX-L NAV) or 60% (Touring)

re79

Hello. I got this offer for EX, 2WD, 2017 in Arizona
MSRP 27635
price 26755 (880 discount)
Tint 399
total 27154
Sale tax 2118
documentation fee 399
lieu tax 464
other fees 30
Total 30155
Residual 17962
12000 mile

1000 due at signing
406 monthly

How does it look? Where should I negotiate?
thanks

Michaell

re79 said:

Hello. I got this offer for EX, 2WD, 2017 in Arizona
MSRP 27635
price 26755 (880 discount)
Tint 399
total 27154
Sale tax 2118
documentation fee 399
lieu tax 464
other fees 30
Total 30155
Residual 17962
12000 mile

1000 due at signing
406 monthly

How does it look? Where should I negotiate?
thanks

I was under the impression that AZ taxes the monthly payment, so the tax amount is irrelevant.

And, I see no mention of the acquisition fee; this looks like a purchase quote.

Ask the dealer for the adjusted cap cost, and how they got to that number from the selling price.

What lease term?

.00200 MF, this month.

car_rac

I got the following quote for 2017 Honda CRV EX AWD in NJ. MSRP: $28,935;Duration:36 months/12k per year
Lease: $389.72 monthly, due at sign: $671.36
Is this a good deal ?

kyfdx

car_rac said:

I got the following quote for 2017 Honda CRV EX AWD in NJ. MSRP: $28,935;Duration:36 months/12k per year
Lease: $389.72 monthly, due at sign: $671.36
Is this a good deal ?

What is the selling price and/or adjusted CAP cost?

leon911

posting on right forum. by mistake posted on 2016

Hello Friends,

i am a bit confused on this and hence posting here. went to a dealer for 2017 CRV EXL trim.

Here is what he gave me:
MSRP = 31435
SP=31235
FEES: 351.78+80+595 = 1026.68
rv: at .65 = 20433
Gross Cap cost: 31910
cash cap red: 2000
net cap cost: 30805
amount paid by customer 2000
MF: 0.0024 (SAYS INCLUDES TAX) i did not understand that part.
_____

he gave me a number of 2000 down and 447.07
isnt this too high a cost for a lease? he is not offering any rebates or discounts at all. says its in high demand. wondering what i am doing wrong.

speakez5

Hi Michaell,
I am fairly new to leasing. Been following this discussion and would like to get some info on a lease I am pursuing for a 2017 CR-V EX-L without Nav in CONNECTICUT. Could you provide MF and RV for this state. I was offered the following but monthly cost seems too expensive to me:
MSRP: $31,435
Selling price: $30,635
Sales Tax in CT is 6.35%
Drive away: $1500 (taxes, fees and 1st month payment @ $399).
No money down, no incentives
36 months/12K miles

I would like to know what typical fees consist of for a lease with no money down and taxes paid upfront (curious how they got to $1500). Also, if this looks like a good offer. Again my experience is limited but I am learning a lot on these forums and am determined to get a good deal! Thanks for your advice and time!

ucbruin

Wondering if you guys can comment on the following deal. I am new to leasing as I have bought all my previous cars.

Here are the details:
MSRP: 30,095
Vehicle Price: 28,878
Lease duration: 36 mo
Miles per year: 12k

Location: Los Angeles
Tax: 8.75%

Cash Down: 2K
Monthly Payment: 375.66
Residual: 19,587.75

I actually just found out that i qualify for a recent grad discount so this would knock another $500 off purchase price. Is this a good deal? Should I wait until honda comes out with a lease deal on the 2017 CRV?

kyfdx

leon911 said:

posting on right forum. by mistake posted on 2016

Hello Friends,

i am a bit confused on this and hence posting here. went to a dealer for 2017 CRV EXL trim.

Here is what he gave me:
MSRP = 31435
SP=31235
FEES: 351.78+80+595 = 1026.68
rv: at .65 = 20433
Gross Cap cost: 31910
cash cap red: 2000
net cap cost: 30805
amount paid by customer 2000
MF: 0.0024 (SAYS INCLUDES TAX) i did not understand that part.
_____

he gave me a number of 2000 down and 447.07
isnt this too high a cost for a lease? he is not offering any rebates or discounts at all. says its in high demand. wondering what i am doing wrong.

Yeah.. tax has nothing to do with the money factor.
65% residual is correct. We've seen .00200 MF

With their numbers, $411/mo.+tax, which is probably close
With .00200, $390/mo.+tax

It is a popular model. $200 discount and jacked up money factor makes for a bad deal.
If you are in CA, there should be a plethora of other dealers to choose from.

kyfdx

speakez5 said:

Hi Michaell,
I am fairly new to leasing. Been following this discussion and would like to get some info on a lease I am pursuing for a 2017 CR-V EX-L without Nav in CONNECTICUT. Could you provide MF and RV for this state. I was offered the following but monthly cost seems too expensive to me:
MSRP: $31,435
Selling price: $30,635
Sales Tax in CT is 6.35%
Drive away: $1500 (taxes, fees and 1st month payment @ $399).
No money down, no incentives
36 months/12K miles

I would like to know what typical fees consist of for a lease with no money down and taxes paid upfront (curious how they got to $1500). Also, if this looks like a good offer. Again my experience is limited but I am learning a lot on these forums and am determined to get a good deal! Thanks for your advice and time!

.00200 MF and 65% residual for 36/12.
Due at signing:
$399 1st payment
$595 acquisition fee
$150 title/registration fees
$350 dealer/conveyance fee (guessing..that's typical for CT)

With your other numbers, I get $385/mo.+tax, which is off just a few dollars.
$800 isn't much off, but it's $600 better than the member in the post above yours.

The residual is high for the CR-V (good), but the money factor is high (bad) and the discounts are small (bad). They are popular and not likely to lease well, any time soon.

leon911

kyfdx said:

leon911 said:

posting on right forum. by mistake posted on 2016

Hello Friends,

i am a bit confused on this and hence posting here. went to a dealer for 2017 CRV EXL trim.

Here is what he gave me:
MSRP = 31435
SP=31235
FEES: 351.78+80+595 = 1026.68
rv: at .65 = 20433
Gross Cap cost: 31910
cash cap red: 2000
net cap cost: 30805
amount paid by customer 2000
MF: 0.0024 (SAYS INCLUDES TAX) i did not understand that part.
_____

he gave me a number of 2000 down and 447.07
isnt this too high a cost for a lease? he is not offering any rebates or discounts at all. says its in high demand. wondering what i am doing wrong.

Yeah.. tax has nothing to do with the money factor.
65% residual is correct. We've seen .00200 MF

With their numbers, $411/mo.+tax, which is probably close
With .00200, $390/mo.+tax

It is a popular model. $200 discount and jacked up money factor makes for a bad deal.
If you are in CA, there should be a plethora of other dealers to choose from.

thank you. will give this dealer a pass. hunt continues.

car_rac

kyfdx said:

car_rac said:

I got the following quote for 2017 Honda CRV EX AWD in NJ. MSRP: $28,935;Duration:36 months/12k per year
Lease: $389.72 monthly, due at sign: $671.36
Is this a good deal ?

What is the selling price and/or adjusted CAP cost?

selling price is $27,498 and the residual of the vehicle is $18,229.85

kyfdx

car_rac said:

kyfdx said:

car_rac said:

I got the following quote for 2017 Honda CRV EX AWD in NJ. MSRP: $28,935;Duration:36 months/12k per year
Lease: $389.72 monthly, due at sign: $671.36
Is this a good deal ?

What is the selling price and/or adjusted CAP cost?

selling price is $27,498 and the residual of the vehicle is $18,229.85

.00200 MF and 65% residual
The residual amount you were given is for 36/15, not 36/12.
$18,807.75 for 36/12.

If I add the $595 acquisition fee to your selling price, I get a payment of $352/mo.+tax
That's about $13/mo. less than your quote. Maybe a $400-$500 dealer fee added in there, as well?

The new CR-V is not cheap to lease.

tballs

Mods, thanks for the help as always.

For a 2017 EX-L w/ Nav AWD, I'm interested in the MF and Residual for:

36/10
36/12
39/10
39/12

I believe that I read above tha the 36/12 is 65% and .00200 for the EX-L. Does the Nav knock it down to 64%?

Thanks for your help.

Michaell

tballs said:

Mods, thanks for the help as always.

For a 2017 EX-L w/ Nav AWD, I'm interested in the MF and Residual for:

36/10
36/12
39/10
39/12

I believe that I read above tha the 36/12 is 65% and .00200 for the EX-L. Does the Nav knock it down to 64%?

Thanks for your help.

That is correct. Subtract 2% for 39 months, and add 1% to go from 12K to 10K

ucbruin

Bumping this back down to see if someone can help me analyze this deal. Thanks!

Wondering if you guys can comment on the following deal. I am new to leasing as I have bought all my previous cars.

Here are the details:
MSRP: 30,095
Vehicle Price: 28,878
Lease duration: 36 mo
Miles per year: 12k

Location: Los Angeles
Tax: 8.75%

Cash Down: 2K
Monthly Payment: 375.66
Residual: 19,587.75

I actually just found out that i qualify for a recent grad discount so this would knock another $500 off purchase price. Is this a good deal? Should I wait until honda comes out with a lease deal on the 2017 CRV?

Michaell

ucbruin said:

Bumping this back down to see if someone can help me analyze this deal. Thanks!

Wondering if you guys can comment on the following deal. I am new to leasing as I have bought all my previous cars.

Here are the details:
MSRP: 30,095
Vehicle Price: 28,878
Lease duration: 36 mo
Miles per year: 12k

Location: Los Angeles
Tax: 8.75%

Cash Down: 2K
Monthly Payment: 375.66
Residual: 19,587.75

I actually just found out that i qualify for a recent grad discount so this would knock another $500 off purchase price. Is this a good deal? Should I wait until honda comes out with a lease deal on the 2017 CRV?

What trim is this for?

.00200 is a pretty high MF. If you can wait, I'm sure the MF will come down. Just don't have any idea when that will be.

ucbruin

this is for EX-L no other options added.

Michaell

ucbruin said:

this is for EX-L no other options added.

.00200 and 65%.

With your given MSRP and selling price, I get $387/mo with tax included. Find out what the $2000 at signing covers - in detail. Likely some of it is going to cap reduction.

griffin5

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

kyfdx

griffin5 said:

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

Are you paying $2000, plus those fees upfront and the first payment? Or, is it $2000 total due at signing?

griffin5

kyfdx said:

griffin5 said:

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

Are you paying $2000, plus those fees upfront and the first payment? Or, is it $2000 total due at signing?

We are putting $2000 down as a cap cost reduction and paying fees upfront.

Michaell

griffin5 said:

kyfdx said:

griffin5 said:

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

Are you paying $2000, plus those fees upfront and the first payment? Or, is it $2000 total due at signing?

We are putting $2000 down as a cap cost reduction and paying fees upfront.

If I use $28,435 as the cap cost, then I calculate a payment of $347/mo with tax included.

Ask the dealer what adjusted cap cost they use to get their $399/mo quote.

griffin5

Michaell said:

griffin5 said:

kyfdx said:

griffin5 said:

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

Are you paying $2000, plus those fees upfront and the first payment? Or, is it $2000 total due at signing?

We are putting $2000 down as a cap cost reduction and paying fees upfront.

If I use $28,435 as the cap cost, then I calculate a payment of $347/mo with tax included.

Ask the dealer what adjusted cap cost they use to get their $399/mo quote.

I have $31015.60 as the gross cap cost. Using the $2000 downpayment I then have 29015.60 as my adjusted cap cost. I thought you needed to factor in fees + negotiated sales price then take out your down payment.

Michaell

griffin5 said:

Michaell said:

griffin5 said:

kyfdx said:

griffin5 said:

I have a lease quote for a CRV EX-L AWD and am wondering how the numbers add up. When I plug this into the Edmunds lease worksheet I keep coming up with a smaller monthly payment. I was quoted $399(includes tax)

MSRP- $31435
Sales Price-$30435(includes destination)
Doc--$289
Registration/Fees-$291.20
Residual-$20432
$ Down- $2000
MF- .00210
Tax Rate-.00685
Mileage 12,000/yr
Lease-36 Months

Are you paying $2000, plus those fees upfront and the first payment? Or, is it $2000 total due at signing?

We are putting $2000 down as a cap cost reduction and paying fees upfront.

If I use $28,435 as the cap cost, then I calculate a payment of $347/mo with tax included.

Ask the dealer what adjusted cap cost they use to get their $399/mo quote.

I have $31015.60 as the gross cap cost. Using the $2000 downpayment I then have 29015.60 as my adjusted cap cost. I thought you needed to factor in fees + negotiated sales price then take out your down payment.

I still only get $366/mo with tax when I use the revised cap cost.

Big disconnect to $399/mo (almost $1200 total).

jmicd

Hi - So trying to get a good lease deal in NJ on Honda CRV EX AWD 36,000/12 MSRP 28,935 value 27,200 only fees capitalizing are taxes; no money down, cash at signing 1,426 - includes registration 229, acquisition 595, document fees 249, tire fee 7.5 and 1 lease pmt 345) Is $345 including taxes a good lease payment - should I be trying to get them to go lower on the value or is this as aggressive as I can get. Original lease quotes started at 382 with the same information as above - have gone back to dealer to ask what the capitalized cost they are using. Any advice and is 345 a good lease price given the information?