2019 Honda CR-V Lease Deals and Prices

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  • kyfdxkyfdx Moderator Posts: 267,627

    Hello -
    Looking into first time lease in Colorado. Here is the deal I've managed to be offered (haven't signed yet). Good deal? Any advice?

    $184 Monthly
    36 month/36k miles
    2019 Honda CR-V LX AWD
    $26,795 MSRP
    .00041 Money Factor
    $2999 Down
    59% Residual
    $350 Acquisition
    -$500 Military Rebate
    No Dealer Fee
    8.25% Tax
    $42.24 Gov. Fee
    $4.21 Temp Plate Fee
    820+ Credit

    Is $2999 the total amount Due at Signing?
    Is $184/mo. the total payment, including tax?

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  • kyfdxkyfdx Moderator Posts: 267,627
    JeffroT said:


    JeffroT said:

    Michaell said:

    JeffroT said:

    I was offered this....it sounds really good....is it too good to be true?

    Is there anything I need to watch out for, or should I go for it? LA County.

    2019 Honda CRV EX 2wd - $25,884 + TTL

    36 months, 2500 out of pocket, 12K miles a year.
    With tax INCLUDED , monthly payments = $293.48.
    Residual is $16,977.
    Money Factory is .00105

    Looks like a 3rd party lease, with that MF

    What is the MSRP?
    What is the full accounting of the $2500 out of pocket?

    On the surface, it looks good. But, without the details, hard to tell you if it makes sense.

    Thanks for your reply.

    MSRP: $28,295 + TTL

    Is there anything to watch out for regarding a 3rd party lease?
    I don't have breakdown of $2500 down, will go into the dealer today and find out.


    Spoke to dealer.
    $2500 includes all fees.
    They confirmed that lease is not 3rd party, it is with Honda.

    The math looks right. Of course, the numbers don't match the programs we have.

    But, it's a reasonable deal for a CR-V lease, which we don't get to say too often, lately.

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  • jonjon11jonjon11 Member Posts: 49
    kyfdx said:
    JeffroT said:
    I was offered this....it sounds really good....is it too good to be true? Is there anything I need to watch out for, or should I go for it? LA County. 2019 Honda CRV EX 2wd - $25,884 + TTL 36 months, 2500 out of pocket, 12K miles a year. With tax INCLUDED , monthly payments = $293.48. Residual is $16,977. Money Factory is .00105
    Looks like a 3rd party lease, with that MF What is the MSRP? What is the full accounting of the $2500 out of pocket? On the surface, it looks good. But, without the details, hard to tell you if it makes sense.
    Thanks for your reply. MSRP: $28,295 + TTL Is there anything to watch out for regarding a 3rd party lease? I don't have breakdown of $2500 down, will go into the dealer today and find out.


    Spoke to dealer.
    $2500 includes all fees.
    They confirmed that lease is not 3rd party, it is with Honda.
    The math looks right. Of course, the numbers don't match the programs we have. But, it's a reasonable deal for a CR-V lease, which we don't get to say too often, lately.
    Which bank is proving this lease ?  Is it CULA? My local dealers are telling me the 3rd parties are all higher than HFS money factor of .0024 which is an awful figure.
  • martyapmartyap Member Posts: 21
    Is the April money factor on a CRV EXL still at .0024?
  • toledo73toledo73 Member Posts: 174
    APR went up today from 1.9 to 2.9 for purchase
  • kyfdxkyfdx Moderator Posts: 267,627
    martyap said:

    Is the April money factor on a CRV EXL still at .0024?

    Yes

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  • toledo73toledo73 Member Posts: 174
    kyfdx said:

    martyap said:

    Is the April money factor on a CRV EXL still at .0024?

    Yes
    is lx still .000143?
  • MichaellMichaell Moderator Posts: 264,410
    toledo73 said:

    kyfdx said:

    martyap said:

    Is the April money factor on a CRV EXL still at .0024?

    Yes
    is lx still .000143?
    LX MF is .00041

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  • toledo73toledo73 Member Posts: 174
    thanks
  • JT48118JT48118 Member Posts: 11
    From what I can see there aren't many/any Honda incentives on CR-V EX-L and/or Touring. I was offered an Amount Financed of $32,590.93. I am hoping to do better than that and hope I can or I'll wait to buy. The lease wasn't terribly attractive. For a 36 mo./12K with $0 down, the monthly amount was $563-$573 (depends on credit score). This compares to a buy amount (for 60 months) of $641-$651 with $0 down.
    From what I can determine, the Hondas, Subarus and Toyotas don't offer the same 'low lease rates' as the Big 3 do (at least not at this time of the year!)
    Appreciate any other feedback from this forum.
  • MichaellMichaell Moderator Posts: 264,410
    JT48118 said:

    From what I can see there aren't many/any Honda incentives on CR-V EX-L and/or Touring. I was offered an Amount Financed of $32,590.93. I am hoping to do better than that and hope I can or I'll wait to buy. The lease wasn't terribly attractive. For a 36 mo./12K with $0 down, the monthly amount was $563-$573 (depends on credit score). This compares to a buy amount (for 60 months) of $641-$651 with $0 down.
    From what I can determine, the Hondas, Subarus and Toyotas don't offer the same 'low lease rates' as the Big 3 do (at least not at this time of the year!)
    Appreciate any other feedback from this forum.

    Your assessment is correct. It's getting expensive to lease.

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  • Pacsman00Pacsman00 Member Posts: 7
    Please share the April numbers for a 2019 CRV EX AWD, 36/12
    In Massachusetts or Rhode Island. 

  • MichaellMichaell Moderator Posts: 264,410
    Pacsman00 said:

    Please share the April numbers for a 2019 CRV EX AWD, 36/12
    In Massachusetts or Rhode Island. 

    00240 and 62%

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  • Pacsman00Pacsman00 Member Posts: 7
    Thank you. I appreciate the prompt response. 

    Is that a common money factor for Honda? Do they traditionally lower it towards end of month?

    Are there any dealer or backend incentives?
  • MichaellMichaell Moderator Posts: 264,410
    Pacsman00 said:

    Thank you. I appreciate the prompt response. 

    Is that a common money factor for Honda? Do they traditionally lower it towards end of month?

    Are there any dealer or backend incentives?

    The CR-V is incredibly popular. We didn't see a reduction in the 2018 MF until January 2019.

    No incentives, either.

    Sadly, it's incredibly expensive to lease.

    Might I interest you in a Tucson or RAV4, instead? :smile:

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  • CarcrazyCarcrazy Member Posts: 5
    Could you please provide numbers for 2019 CRV EX FWD 36 for Zip 27519. Thank You!
  • kyfdxkyfdx Moderator Posts: 267,627
    Carcrazy said:

    Could you please provide numbers for 2019 CRV EX FWD 36 for Zip 27519. Thank You!

    What term and mileage allowance?

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  • CarcrazyCarcrazy Member Posts: 5
    kyfdx said:

    Carcrazy said:

    Could you please provide numbers for 2019 CRV EX FWD 36 for Zip 27519. Thank You!

    What term and mileage allowance?
    3 years 15 K miles
  • MichaellMichaell Moderator Posts: 264,410
    Carcrazy said:

    kyfdx said:

    Carcrazy said:

    Could you please provide numbers for 2019 CRV EX FWD 36 for Zip 27519. Thank You!

    What term and mileage allowance?
    3 years 15 K miles
    .00240 and 60%
    No lease incentives

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  • CarcrazyCarcrazy Member Posts: 5
    Michaell said:

    Carcrazy said:

    kyfdx said:

    Carcrazy said:

    Could you please provide numbers for 2019 CRV EX FWD 36 for Zip 27519. Thank You!

    What term and mileage allowance?
    3 years 15 K miles
    .00240 and 60%
    No lease incentives
    ok, thank you
  • Pacsman00Pacsman00 Member Posts: 7
    Michaell said:
    Thank you. I appreciate the prompt response. 

    Is that a common money factor for Honda? Do they traditionally lower it towards end of month?

    Are there any dealer or backend incentives?
    The CR-V is incredibly popular. We didn't see a reduction in the 2018 MF until January 2019. No incentives, either. Sadly, it's incredibly expensive to lease. Might I interest you in a Tucson or RAV4, instead? :smile:
    Thank you. I’m assisting my sister in law. 

    The RAV4 is next. I’ll visit that forum for specs. 


  • clipse1610clipse1610 Member Posts: 3
    Can I please get numbers and incentives for 2019 CRV LX, 36 months, 12k miles, 07026 Thanks!
  • MichaellMichaell Moderator Posts: 264,410

    Can I please get numbers and incentives for 2019 CRV LX, 36 months, 12k miles, 07026 Thanks!

    .00041 and 59%
    No lease incentives

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  • Jane98736Jane98736 Member Posts: 10
    Hi, can I get the MF and RV for 2019 CRV EX AWD in zip 08085? 36/15. Thank you.
  • LNL2018LNL2018 Member Posts: 3
    Hello, Could I please get MF, residual, incentives for 2019 Honda CR-V EXL 2WD, 36 months, 12K miles, zip code 77375

    Thanks a lot!
  • kyfdxkyfdx Moderator Posts: 267,627
    Jane98736 said:

    Hi, can I get the MF and RV for 2019 CRV EX AWD in zip 08085? 36/15. Thank you.

    .00240 MF and 60% residual

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  • kyfdxkyfdx Moderator Posts: 267,627
    LNL2018 said:

    Hello, Could I please get MF, residual, incentives for 2019 Honda CR-V EXL 2WD, 36 months, 12K miles, zip code 77375

    Thanks a lot!

    .00240 MF and 62% residual

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  • TaelvinTaelvin Member Posts: 2
    Good evening, could I please get a MF, residual, incentives for 2019 Honda CR-V EX, AWD, 36 months 10K miles, zip 97229. Thank you!
  • martyapmartyap Member Posts: 21
    Aren't the money factors and residual values the same irregardless of zip codes? The m/f is set by Honda based on leases through Honda Finance. To understand m/f you have to multiple it by 2400.....so .0024 X 2400 = 5.76% rate of interest Honda is charging on your lease. So if a different car manufacturer has a m/f of .00061 X 2400 your interest rate would only be 1.46% thus lower monthly payments. One way to lower your monthly CRV payments is to negotiate a lower buy price. Another is to use a third party bank to handle your lease but there are downsides to this.
    I just leased a 2019 CRV EXL AWD and the only way I lowered my monthly payments was persistent price negotiations on the buy price. Subaru, for example, had lower m/f but would not negotiate much on price. Acura was willing to negotiate down on price, had lower m/f but we did not care for the car.
    Hope I did not confuse things.....we love our new CRV!
  • kyfdxkyfdx Moderator Posts: 267,627
    Taelvin said:

    Good evening, could I please get a MF, residual, incentives for 2019 Honda CR-V EX, AWD, 36 months 10K miles, zip 97229. Thank you!

    36/12 (10K not offered)
    .00240 MF and 62% residual
    No lease incentives

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  • kyfdxkyfdx Moderator Posts: 267,627
    martyap said:

    Aren't the money factors and residual values the same irregardless of zip codes? The m/f is set by Honda based on leases through Honda Finance. To understand m/f you have to multiple it by 2400.....so .0024 X 2400 = 5.76% rate of interest Honda is charging on your lease. So if a different car manufacturer has a m/f of .00061 X 2400 your interest rate would only be 1.46% thus lower monthly payments. One way to lower your monthly CRV payments is to negotiate a lower buy price. Another is to use a third party bank to handle your lease but there are downsides to this.
    I just leased a 2019 CRV EXL AWD and the only way I lowered my monthly payments was persistent price negotiations on the buy price. Subaru, for example, had lower m/f but would not negotiate much on price. Acura was willing to negotiate down on price, had lower m/f but we did not care for the car.
    Hope I did not confuse things.....we love our new CRV!

    While an independent bank may offer a lower money factor, it's doubtful that they would support the high residual that Honda Finance offers.

    With the good resale of a CR-V, I would purchase, if I absolutely had to have one.

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  • toledo73toledo73 Member Posts: 174
    kyfdx said:

    martyap said:

    Aren't the money factors and residual values the same irregardless of zip codes? The m/f is set by Honda based on leases through Honda Finance. To understand m/f you have to multiple it by 2400.....so .0024 X 2400 = 5.76% rate of interest Honda is charging on your lease. So if a different car manufacturer has a m/f of .00061 X 2400 your interest rate would only be 1.46% thus lower monthly payments. One way to lower your monthly CRV payments is to negotiate a lower buy price. Another is to use a third party bank to handle your lease but there are downsides to this.
    I just leased a 2019 CRV EXL AWD and the only way I lowered my monthly payments was persistent price negotiations on the buy price. Subaru, for example, had lower m/f but would not negotiate much on price. Acura was willing to negotiate down on price, had lower m/f but we did not care for the car.
    Hope I did not confuse things.....we love our new CRV!

    While an independent bank may offer a lower money factor, it's doubtful that they would support the high residual that Honda Finance offers.

    With the good resale of a CR-V, I would purchase, if I absolutely had to have one.
    agree, especially with the 2.9 % offer
  • LaughgbudhLaughgbudh Member Posts: 4
    I am looking for MF, RV, and incentives for the LX AWD & EX AWD
    Term: 36/12k
    zip: 45429
  • kyfdxkyfdx Moderator Posts: 267,627

    I am looking for MF, RV, and incentives for the LX AWD & EX AWD
    Term: 36/12k
    zip: 45429

    LX: .00041 MF and 59% residual
    EX: .00240 MF and 62% residual

    No lease incentives

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  • bet81bet81 Member Posts: 11
    Looking for residual, MF, and incentives for CRV EX-L 2WD lease for 12k / 3yrs. Zip code is 95035. I don't think Honda offers 10k / 3yrs lease. Please confirm

    ~Thanks
  • kyfdxkyfdx Moderator Posts: 267,627
    bet81 said:

    Looking for residual, MF, and incentives for CRV EX-L 2WD lease for 12k / 3yrs. Zip code is 95035. I don't think Honda offers 10k / 3yrs lease. Please confirm

    ~Thanks

    .00240 MF and 62% residual
    No lease incentives

    Correct, 10K/yr is not offered

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  • da445sdda445sd Member Posts: 40
    Looking for MF, Residuals, and Incentives on 2019 Honda CRV AWD in/near 21239. Mostly focused on EX, but interested if differences in other models.

    Thanks
  • kyfdxkyfdx Moderator Posts: 267,627
    da445sd said:

    Looking for MF, Residuals, and Incentives on 2019 Honda CRV AWD in/near 21239. Mostly focused on EX, but interested if differences in other models.

    Thanks

    36/15
    .00240 MF and 60% residual

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  • flipx31flipx31 Member Posts: 11
    Hello, can I have info for 2019 Honda CRV AWD EX in 07628 for 36/12k? Thanks!
  • kyfdxkyfdx Moderator Posts: 267,627
    flipx31 said:

    Hello, can I have info for 2019 Honda CRV AWD EX in 07628 for 36/12k? Thanks!

    .00240 MF and 62% residual

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  • AprilOAprilO Member Posts: 7
    Hi. Looking for the MF and Residual for 36/15K for Honda CRV AWD EX and EX-L. Zipcode: 48114.

    Also, what percentage off MSRP are people seeing in Michigan for the CRV?

    Thanks for your help!
  • MichaellMichaell Moderator Posts: 264,410
    AprilO said:

    Hi. Looking for the MF and Residual for 36/15K for Honda CRV AWD EX and EX-L. Zipcode: 48114.

    Also, what percentage off MSRP are people seeing in Michigan for the CRV?

    Thanks for your help!

    .00240 and 60%
    No lease incentives

    Either trim

    Use this link for pricing help:
    https://www.edmunds.com/tmv.html

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  • marouxmaroux Member Posts: 5
    I am looking for MF, RV, and incentives for the LX FWD, EX FWD, EX-L FWD
    Term: 36/10k
    zip: 94066

    Thanks!
  • kyfdxkyfdx Moderator Posts: 267,627
    maroux said:

    I am looking for MF, RV, and incentives for the LX FWD, EX FWD, EX-L FWD
    Term: 36/10k
    zip: 94066

    Thanks!

    36/12
    LX: .00041 MF and 59% residual
    EX/EXL: .00240 MF and 62% residual

    10K not offered

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  • marginofsafetymarginofsafety Member Posts: 10
    Hello,

    I am looking for a 2019 CRV LX AWD. Can you please provide the MF, RV, and incentives for 36/10 in NJ 07726?
  • MichaellMichaell Moderator Posts: 264,410

    Hello,

    I am looking for a 2019 CRV LX AWD. Can you please provide the MF, RV, and incentives for 36/10 in NJ 07726?

    36/12 (no 10K from Honda)
    .00041 and 59%
    No lease incentives

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  • markonline007markonline007 Member Posts: 47
    Here was my final deal if it helps others...
    2019 CRV AWD EX
    36 Months
    12K miles per year

    $1,200 out of pocket to cover inception fees

    $385 per month including NJ tax
    Through Honda Financial

  • avs119avs119 Member Posts: 5
    Hello, what’s the MF and residual value of 2019 Honda CVR touring AWD? Zip is 93101, thanks! 
  • MichaellMichaell Moderator Posts: 264,410

    Here was my final deal if it helps others...
    2019 CRV AWD EX
    36 Months
    12K miles per year

    $1,200 out of pocket to cover inception fees

    $385 per month including NJ tax
    Through Honda Financial

    Congrats! Thanks for sharing your deal with us.

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  • MichaellMichaell Moderator Posts: 264,410
    avs119 said:

    Hello, what’s the MF and residual value of 2019 Honda CVR touring AWD? Zip is 93101, thanks! 

    36/15
    .00240 and 59%

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