2020 Honda CR-V Lease Deals and Prices

Michaell

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Probably I am the first one to post in the 2020 thread with monthly numbers. Got an offer for 2020 Touring AWD with maintenance and windows glass protection warranty, 36 mo/36K miles:
$1,000 due at signing including first month then $400/mo inclusive for 35 months.
Is it stellar, good, neutral or bad?

What is the MSRP?

What is your location?

Per official MSRP on website $35,845. Wisconsin for location

Do you also have the selling price and adjusted cap cost?

I don't have unfortunately. I asked him for the best rate so that's the offer he gave for the 400 inclusive per month for 1000 due at signing.

Sales tax is 5%?

Adjusted CAP would have to be about $33,100 to get that payment.

That seems like a reasonable deal, on a car with an average lease program.

Yes sales tax of 5%....seems "reasonable" is not that great. By all means, if you guys recommend to hold on it I trust you and Michaell here. My current lease ends in 6 months so I am not in rush for it (dealer counted equity but the net will be zero when counting the 6 months of payments left)...The dealer claimed that prices will go up and wanted me to rush in (not sure if true or just dealer's way of doing business). But in case you believe it's not a strong deal and waiting would be better, I still have 6 months to go!

Dealers always want you to 'buy today'. No reason not to wait until the current lease matures, then shop. I'm sure the 2020 CR-V will still be abundantly available.

BurnBabyBurn

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

kyfdx

BurnBabyBurn said:

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

March programs begin on Tuesday

OwenFour

MF and residual for AWD EX-L 36month/10,000miles in 11357. Thank you very much!

good_boy_1234

kyfdx said:

BurnBabyBurn said:

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

March programs begin on Tuesday

For a new 6 months period or just for March? Do we expect better rates, same or worse? Any rumors or trend per historical years?

Michaell

OwenFour said:

MF and residual for AWD EX-L 36month/10,000miles in 11357. Thank you very much!

.00159 and 64%
No incentives

Michaell

good_boy_1234 said:

kyfdx said:

BurnBabyBurn said:

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

March programs begin on Tuesday

For a new 6 months period or just for March? Do we expect better rates, same or worse? Any rumors or trend per historical years?

Just 1 or 2 months.

No guesses or predictions on what, if any, changes are coming.

No trends to draw upon, either.

VJayD

Hi. Could I get MF, RV and incentives for 2020 Honda CR-V AWD - EX, EXL and Touring, 36/15K, Zipcode 95123?

Thanks

dedonderosa

How does this deal sound?

In NJ 07840

2020 CRV TOURING
$2000 DOWN total
12K YR LEASE 36MONTH
$398 MONTH

2020 CRV TOURING
$2000 DOWN total
15K YR LEASE 36MONTH
$419 MONTH

How do those numbers sound?

I was told by someone lease deals are changing on Tuesday and should wait. Which is fine cause i have time so we'll see what changes on Tuesday. But in your opinions how do these numbers sound

kyfdx

dedonderosa said:

How does this deal sound?

In NJ 07840

2020 CRV TOURING
$2000 DOWN total
12K YR LEASE 36MONTH
$398 MONTH

2020 CRV TOURING
$2000 DOWN total
15K YR LEASE 36MONTH
$419 MONTH

How do those numbers sound?

I was told by someone lease deals are changing on Tuesday and should wait. Which is fine cause i have time so we'll see what changes on Tuesday. But in your opinions how do these numbers sound

What is the MSRP?
Selling price?
Adjsuted CAP cost?

The programs do change on Tuesday, though we won't know what the changes are, until then.

kyfdx

VJayD said:

Hi. Could I get MF, RV and incentives for 2020 Honda CR-V AWD - EX, EXL and Touring, 36/15K, Zipcode 95123?

Thanks

.00159 MF and 61% residual
No lease incentives

All three trims

dedonderosa

kyfdx said:

dedonderosa said:

How does this deal sound?

In NJ 07840

2020 CRV TOURING
$2000 DOWN total
12K YR LEASE 36MONTH
$398 MONTH

2020 CRV TOURING
$2000 DOWN total
15K YR LEASE 36MONTH
$419 MONTH

How do those numbers sound?

I was told by someone lease deals are changing on Tuesday and should wait. Which is fine cause i have time so we'll see what changes on Tuesday. But in your opinions how do these numbers sound

What is the MSRP?
Selling price?
Adjsuted CAP cost?

The programs do change on Tuesday, though we won't know what the changes are, until then.

I was told this was selling the vehicle at 200 under invoice

Michaell

dedonderosa said:

kyfdx said:

dedonderosa said:

How does this deal sound?

In NJ 07840

2020 CRV TOURING
$2000 DOWN total
12K YR LEASE 36MONTH
$398 MONTH

2020 CRV TOURING
$2000 DOWN total
15K YR LEASE 36MONTH
$419 MONTH

How do those numbers sound?

I was told by someone lease deals are changing on Tuesday and should wait. Which is fine cause i have time so we'll see what changes on Tuesday. But in your opinions how do these numbers sound

What is the MSRP?
Selling price?
Adjsuted CAP cost?

The programs do change on Tuesday, though we won't know what the changes are, until then.

I was told this was selling the vehicle at 200 under invoice

We will need specific numbers, to help you evaluate the deal.

If you can obtain a copy of the lease worksheet, that would help immensly.

dedonderosa

Ill try and get back to you guys thank you

section08

Hi all,

Wife is approaching the end of her lease of a 2017 Honda HR-V LX and would like to enter into a new lease. Can I get the residual, MF, and incentives for the following:

2020 Honda CR-V EX AWD
Location: 07302
Lease terms: 36/10k

Also, do you know if she would be eligible for a loyalty incentive for sticking with a Honda?

Looking for the March numbers that begin on 3/3.

Thanks!

BurnBabyBurn

BurnBabyBurn said:

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

15/36 term for March

Somedude123

MF/RV/Incentives for 2020 CRV Touring 36/12 in 94526

Thank-you!

dedonderosa

looking for new numbers for the month for a

2020 CRV touring 12k yr 36mo
2020 CRV touring 15k yr 36mo

in NJ 07840 please thank you

Will23544

Looking for March MF, RV and incentives for LX and EX FWD 10/36 in 92606. Thanks!

good_boy_1234

In a simple words, is March new program better, same or worse for new lease deals?

dedonderosa

i heard its the same but i could be wrong

kyfdx

section08 said:

Hi all,

Wife is approaching the end of her lease of a 2017 Honda HR-V LX and would like to enter into a new lease. Can I get the residual, MF, and incentives for the following:

2020 Honda CR-V EX AWD
Location: 07302
Lease terms: 36/10k

Also, do you know if she would be eligible for a loyalty incentive for sticking with a Honda?

Looking for the March numbers that begin on 3/3.

Thanks!

.00159 MF and 64% residual

No info on loyalty

kyfdx

BurnBabyBurn said:

BurnBabyBurn said:

are the new march 2020 numbers (MF and RES) out already for CRV? Trim EXL

zip 08822 zip 10849

15/36 term for March

.00159 MF and 61% residual

kyfdx

dedonderosa said:

looking for new numbers for the month for a

2020 CRV touring 12k yr 36mo
2020 CRV touring 15k yr 36mo

in NJ 07840 please thank you

36/15
.00159 MF and 61% residual

kyfdx

Somedude123 said:

MF/RV/Incentives for 2020 CRV Touring 36/12 in 94526

Thank-you!

.00159 MF and 63% residual

kyfdx

Will23544 said:

Looking for March MF, RV and incentives for LX and EX FWD 10/36 in 92606. Thanks!

36/12
.00159 MF
62%/63% residual for LX/EX

kyfdx

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Sorry, no idea.

d_train2013

Hello Sir:

Can I please get the MF, Residual and Incentives for the month of March for both the 2020 CRV LX FWD and the AWD?

Also, could I also get those numbers for both the 2020 CRV EX FWD and the AWD?

36/10K. Zip is 30022

Thank you very much.

Michaell

d_train2013 said:

Hello Sir:

Can I please get the MF, Residual and Incentives for the month of March for both the 2020 CRV LX FWD and the AWD?

Also, could I also get those numbers for both the 2020 CRV EX FWD and the AWD?

36/10K. Zip is 30022

Thank you very much.

36/12
.00215 and 62% / 63% for LX / EX
No incentives

Drive doesn't matter.

mihighlander

I made a purchase last week in Virginia 20105, and would like to share that details.

2020 Honda CR-V EX-L AWD with trailer hitch and wheel lock installed
Out the door (including all taxes and title and registration) - $31890
0 down, 1.9% APR Honda financing.

I tried very hard to get it for $31000 OTD but turned out that is very low. I also got 2 years free servicing (oil change, tire rotation etc). So, i think i made a good deal. Please let me know.

Thanks for all the help
SJ

kyfdx

mihighlander said:

I made a purchase last week in Virginia 20105, and would like to share that details.

2020 Honda CR-V EX-L AWD with trailer hitch and wheel lock installed
Out the door (including all taxes and title and registration) - $31890
0 down, 1.9% APR Honda financing.

I tried very hard to get it for $31000 OTD but turned out that is very low. I also got 2 years free servicing (oil change, tire rotation etc). So, i think i made a good deal. Please let me know.

Thanks for all the help
SJ

Congrats! Thanks for the report!

good_boy_1234

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

herrdoktor

Looking for residual and MF for 36/10 for 2020 CRV hybrid EX-L AWD
zip=16801

Michaell

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

Michaell

herrdoktor said:

Looking for residual and MF for 36/10 for 2020 CRV hybrid EX-L AWD
zip=16801

36/12
.00215 and 64%

herrdoktor

do they not offer 10k leases?

kyfdx

herrdoktor said:

do they not offer 10k leases?

They do not

good_boy_1234

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

How do you know you have equity? Have you gotten a buy bid from CarMax, Vroom or Carvana? Do you know your lease payoff? It's usually the residual value plus the value of the remaining payments.

Rarely are leases right side up, equity wise. You should get some hard numbers, on your own, rather than rely on what dealers tell you. Their motivation is to move inventory.

"Take care of payments" is code for "we will simply roll them into the new lease and hope you don't notice"

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

How do you know you have equity? Have you gotten a buy bid from CarMax, Vroom or Carvana? Do you know your lease payoff? It's usually the residual value plus the value of the remaining payments.

Rarely are leases right side up, equity wise. You should get some hard numbers, on your own, rather than rely on what dealers tell you. Their motivation is to move inventory.

"Take care of payments" is code for "we will simply roll them into the new lease and hope you don't notice"

Thank you. Just double checked with Carvana. The offer from the website is almost the same amount of lease pay off (RV + the remaining 6 months) so both dealers were right in terms they will take care of the remaining payments if I turn my lease in.

Now waiting on advice from you and kyfdx of whether that touring AWD deal is great, ok, or bad

kyfdx

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

How do you know you have equity? Have you gotten a buy bid from CarMax, Vroom or Carvana? Do you know your lease payoff? It's usually the residual value plus the value of the remaining payments.

Rarely are leases right side up, equity wise. You should get some hard numbers, on your own, rather than rely on what dealers tell you. Their motivation is to move inventory.

"Take care of payments" is code for "we will simply roll them into the new lease and hope you don't notice"

Thank you. Just double checked with Carvana. The offer from the website is almost the same amount of lease pay off (RV + the remaining 6 months) so both dealers were right in terms they will take care of the remaining payments if I turn my lease in.

Now waiting on advice from you and kyfdx of whether that touring AWD deal is great, ok, or bad

What is the MSRP on the CR-V?

good_boy_1234

kyfdx said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

How do you know you have equity? Have you gotten a buy bid from CarMax, Vroom or Carvana? Do you know your lease payoff? It's usually the residual value plus the value of the remaining payments.

Rarely are leases right side up, equity wise. You should get some hard numbers, on your own, rather than rely on what dealers tell you. Their motivation is to move inventory.

"Take care of payments" is code for "we will simply roll them into the new lease and hope you don't notice"

Thank you. Just double checked with Carvana. The offer from the website is almost the same amount of lease pay off (RV + the remaining 6 months) so both dealers were right in terms they will take care of the remaining payments if I turn my lease in.

Now waiting on advice from you and kyfdx of whether that touring AWD deal is great, ok, or bad

What is the MSRP on the CR-V?

Per official MSRP on website $35,845. I don't have the adjusted cost or the selling price.

Michaell

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

good_boy_1234 said:

In a simple words, is March new program better, same or worse for new lease deals?

Any idea yet?

We can't really answer comparative questions - what trim, term and mileage are you interested in?
What is your ZIP code?

The trim I am looking for is Touring AWD, 36 mo/12K per year. Zip code: 53187. The offer I got from the dealer just before the March program was $1000 dues at signing including first month and all other costs then $400/mo inclusive for 35 months. So I want to know if the March program could be better than this, same or worse. Based on that I decide if I want to take it and turn in my leased car or keep waiting until my current lease ends in 6 months.
PS: I don't have the MSSRP or adjusted costs.

Let's jump to your last statement.

Wait until your current lease is up before shopping. You'll still owe those 6 payments, and they will likely end up in your new deal. Why pay for a car you aren't driving?

And, without knowing the prices, we can't help you on your February vs. March question.

Thanks. But because I have equity (low mileage and no damage to car), the dealer (an actually another dealer too) is willing to take my old lease and take care of the remaining payments. So my point was if March program is great and no need to wait, then why to wait and keep paying for 6 months where I can get a new 2020 touring rather than 2017 EXL

How do you know you have equity? Have you gotten a buy bid from CarMax, Vroom or Carvana? Do you know your lease payoff? It's usually the residual value plus the value of the remaining payments.

Rarely are leases right side up, equity wise. You should get some hard numbers, on your own, rather than rely on what dealers tell you. Their motivation is to move inventory.

"Take care of payments" is code for "we will simply roll them into the new lease and hope you don't notice"

Thank you. Just double checked with Carvana. The offer from the website is almost the same amount of lease pay off (RV + the remaining 6 months) so both dealers were right in terms they will take care of the remaining payments if I turn my lease in.

Now waiting on advice from you and kyfdx of whether that touring AWD deal is great, ok, or bad

What is the MSRP on the CR-V?

Per official MSRP on website $35,845. I don't have the adjusted cost or the selling price.

And without those, there isn't much we can say.

Ask the dealer for a copy of the lease worksheet.

Stupendous_Cave7

Is there any manufacturer incentive on hybrid EXL AWD? Zip 75024, please share MF and residual value?

Michaell

Stupendous_Cave7 said:

Is there any manufacturer incentive on hybrid EXL AWD? Zip 75024, please share MF and residual value?

No numbers on the Hybrid, yet.

Stupendous_Cave7

How about Non-Hybrid? AWD EXL 2020 for zip 75024

kyfdx

Stupendous_Cave7 said:

How about Non-Hybrid? AWD EXL 2020 for zip 75024

36/15
.00159 MF and 61% residual

good_boy_1234

So prices dropped down on "evaluate my lease" at Edmunds. Lease prices of Touring AWD monthly rate dropped from 427 to 421 today. How does that work? Based on what? Related to the hybrid release or something happened after the March program?
Lastly, if I got an old offer (even way less than those numbers) but does the change means that overall prices got lower so I can negotiate more?