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2018 CRV lease money factor question

nbw2018nbw2018 BostonPosts: 1
edited August 2018 in Honda
I got a lease quote over the phone for a 36/12k lease for a 2018 EX-L where both the salesman and manager I spoke to said it was a MF of .0023. When we got to the dealership and spoke with a different mgr they insisted 23 was only for returning Honda leasers and because we were 1st time it was .0024. Sound like BS to me. Thoughts?
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  • swinglifeswinglife Posts: 129
    Hello,

    2018 CR-V 4WD LX
    MF & RV for 36/12K in 98003 Please.
    Any incentive?
  • kyfdxkyfdx Posts: 119,734
    swinglife said:

    Hello,

    2018 CR-V 4WD LX
    MF & RV for 36/12K in 98003 Please.
    Any incentive?

    .00064 MF and 59% residual
    $300 incentive

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

    Edmunds Moderator

  • JLW198910JLW198910 Peoria ILPosts: 2
    looking to lease a 2018 Honda CRV EX or 2018 Honda CRV EXL im in IL zipcode 61614. I have never leased before and I am so confused. Any help is very much appreciated.
  • kyfdxkyfdx Posts: 119,734
    JLW198910 said:

    looking to lease a 2018 Honda CRV EX or 2018 Honda CRV EXL im in IL zipcode 61614. I have never leased before and I am so confused. Any help is very much appreciated.

    36/15
    .00240 MF
    58% residual
    Either trim

    For info on leasing, start here:
    https://www.edmunds.com/car-leasing/sitemap.html

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

    Edmunds Moderator

  • Detroit_aramaDetroit_arama DetroitPosts: 9
    First time leasing, trying not to get hammered. Detroit area. My wife's hoping for a Honda CR-V, either EX or EX-L, probably 2018 model, 24mo/15K or 36mo/15K, I guess.

    Are we stuck with the Honda MF of .0024? Credit score is 740. (Credit union would lend us the approx $28K purchase price for 36 months at 2.49%, equivalent to a money factor of about .00145, so seems like Honda could come close to that MF, maybe if I called somebody up and whined?)

    Do we shop for a sale price first, emailing around to dealerships, then having them compete, without mentioning our intention to lease? And then, with a firm sale price in hand, we then say we'd like to talk lease?

    Anybody know of great AWD SUV lease deals in Michigan area?

    Thanks for any help.

  • kyfdxkyfdx Posts: 119,734

    First time leasing, trying not to get hammered. Detroit area. My wife's hoping for a Honda CR-V, either EX or EX-L, probably 2018 model, 24mo/15K or 36mo/15K, I guess.

    Are we stuck with the Honda MF of .0024? Credit score is 740. (Credit union would lend us the approx $28K purchase price for 36 months at 2.49%, equivalent to a money factor of about .00145, so seems like Honda could come close to that MF, maybe if I called somebody up and whined?)

    Do we shop for a sale price first, emailing around to dealerships, then having them compete, without mentioning our intention to lease? And then, with a firm sale price in hand, we then say we'd like to talk lease?

    Anybody know of great AWD SUV lease deals in Michigan area?

    Thanks for any help.

    .00240 MF is the lowest rate. Whining won't help.

    There are no lease incentives, so it won't hurt to leave that part of the negotiation until last.

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

    Edmunds Moderator

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