2020 Honda CR-V Lease Deals and Prices

Drsh4rk

Please share the MF, Residual Value and lease credits for 2020 Honda CR-V LX for 36 months/12K miles
zip code 21212

Michaell

Drsh4rk said:

Please share the MF, Residual Value and lease credits for 2020 Honda CR-V LX for 36 months/12K miles
zip code 21212

.00159 and 62%
No incentives

kyfdx

good_boy_1234 said:

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?

Sorry, but we don't know how that works.. Different part of the company.

There is a "Help" link at the bottom of any page. If you click on it, you can ask a question, and someone will get back with you.

good_boy_1234

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

kyfdx

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

There is no difference in lease variable or incentives, this month. Perhaps, Edmunds sees a drop in transaction prices. Always try to get it for less. What do you have to lose?

Michaell

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

good_boy_1234

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covvers, specificially. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Traveler13

Hello, can I please have MF, RV, incentives for lease owners of competitive brands (Toyota, Dodge) for
36/12K, zip 60120.
2020 CR-V AWD EX and EX-L

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covvers, specificially. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Michaell

Traveler13 said:

Hello, can I please have MF, RV, incentives for lease owners of competitive brands (Toyota, Dodge) for
36/12K, zip 60120.
2020 CR-V AWD EX and EX-L

.00159 and 63%
No incentives

No conquest incentive

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

JRotogo

HI,

Could I get MF and residual in zip code 98052 for 36 months @ 15k per year for:

CR-V EX Hybrid
CR-V EX-L Hybrid
CR-V Touring Hybrid

Thank you for your help!

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

Michaell

JRotogo said:

HI,

Could I get MF and residual in zip code 98052 for 36 months @ 15k per year for:

CR-V EX Hybrid
CR-V EX-L Hybrid
CR-V Touring Hybrid

Thank you for your help!

.00215 and 63% (EX) or 62% (EX-L, Touring)
No incentives

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

If the dealer isn't giving you the full breakdown of what the $2000 includes, I'd simply move on to another dealer.

No way would I pay $1200 for a maintenance program and lease end protection. In fact, I'd skip them entirely.

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

If the dealer isn't giving you the full breakdown of what the $2000 includes, I'd simply move on to another dealer.

No way would I pay $1200 for a maintenance program and lease end protection. In fact, I'd skip them entirely.

Thank you so much Michaell but can you please explain how did you get the 351 monthly payment for the Adjusted cost: sales price 31,484 + acquisition 595? I ran some calculations on various website and got way different numbers. I am not questioning you, just wanted to know how you got that and why other calculations are different so I can confront the dealer and at the same time negotiate with other dealers using that sales price I got.
This is from Edmunds website for lease calculation! It says 405 without taxes!!


and this is from another website! It says 350 with sales tax included!!



In both websites I used the sales price 31,484, RV of 63% and MF of 0.00159...

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

If the dealer isn't giving you the full breakdown of what the $2000 includes, I'd simply move on to another dealer.

No way would I pay $1200 for a maintenance program and lease end protection. In fact, I'd skip them entirely.

Thank you so much Michaell but can you please explain how did you get the 351 monthly payment for the Adjusted cost: sales price 31,484 + acquisition 595? I ran some calculations on various website and got way different numbers. I am not questioning you, just wanted to know how you got that and why other calculations are different so I can confront the dealer and at the same time negotiate with other dealers using that sales price I got.
This is from Edmunds website for lease calculation! It says 405 without taxes!!


and this is from another website! It says 350 with sales tax included!!



In both websites I used the sales price 31,484, RV of 63% and MF of 0.00159...

Show my work? OK....

daedalus34r

please provide RV/MF/Incentives for AWD trims of: EX-L & Touring (60523, 36/12). Thanks!

Michaell

daedalus34r said:

please provide RV/MF/Incentives for AWD trims of: EX-L & Touring (60523, 36/12). Thanks!

.00159 and 63%
No incentives

Either trim.

good_boy_1234

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

If the dealer isn't giving you the full breakdown of what the $2000 includes, I'd simply move on to another dealer.

No way would I pay $1200 for a maintenance program and lease end protection. In fact, I'd skip them entirely.

Thank you so much Michaell but can you please explain how did you get the 351 monthly payment for the Adjusted cost: sales price 31,484 + acquisition 595? I ran some calculations on various website and got way different numbers. I am not questioning you, just wanted to know how you got that and why other calculations are different so I can confront the dealer and at the same time negotiate with other dealers using that sales price I got.
This is from Edmunds website for lease calculation! It says 405 without taxes!!


and this is from another website! It says 350 with sales tax included!!



In both websites I used the sales price 31,484, RV of 63% and MF of 0.00159...

Show my work? OK....

Thank you Michaell, really appreciate this. Your numbers exactly match calculator website (second photo) but for some reason numbers by Edmunds ($405) and other websites are way higher and that's why dealers use those websites for their argument. So not sure where does the gap come from when all numbers got filled are the same!
Lastly, any expectations for MF to go down during this corona outbreak? Or number is fixed until the new program-which I don't know when does it start

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

OK, so finally got some solid numbers for the offer:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Down payment including all other costs and first month: $1000
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

That offer was made before the March program and I can see that costs after the March program (not sure if related or just prices dropped because of hybrid release) dropped 6$ per month according Edmunds evaluate my lease online tool. I have two questions:
1) Is that deal great, good or bad?
2) Based on the comment above regarding the drop in the price, do you recommend to negotiate further or that drop is not representative? I know the answer is to negotiate always but I need a solid reason to tell the dealer why especially that no dealer in the State could beat that offer above.

Using the March program numbers of .00159 and 63%, those prices give me a payment of $351/mo, plus tax.

If you haven't signed the quote, I'm not sure how they can continue to use the February program numbers two weeks into March.

At the moment, I don't think this deal is very good, but I can't tell you exactly why. The only two variables in a lease calculation are the MF and the adjusted cap cost. Honda dealers rarely, if ever, mark up the MF (in fact, I'm not sure they are allowed to).

Ask them to share the lease worksheet with you, then we can review it and see where the discrepancy is.

Thank you. So this cost of 351 plus tax you got doesn't include acquisition fees, DMV, paperwork and that stuff, correct? Because if I follow your calculations it means ~370 per month including tax. If I subtract the difference of 30 per month from the total sum (my offer of inclusive 400 plus 1000 at signing minus the 370 in your calculations for the 35 months period), I get $1050 difference. Shouldn't this be the same as $1000 of first month, paper fee, DMV and acquisition fee rolled in already? Because to me I see the same rate you got especially if the 351 you referenced doesn't include tax and other incidentals.

My calculation simply used the prices you provided (MSRP and adjusted cap cost) - you'll have to check with the dealer to confirm what is or is not part of that number, and what the $1000 up front covers, specifically. That's why posting a copy of the lease worksheet will help sort this out, so we aren't guessing.

Math is math - it's just reconciling the numbers that can be difficult, especially if the dealer isn't forthcoming.

Thank you. OK here are more details with breakdown:
2020 Touring AWD
36months/12k miles per year
MSRP: $35,845
Adjusted cap cost: $32,079
Dues at signing: $1000 (including first month of 400, DMV ~210, dealer's paper fee ~220 and ~180 partially from acquisition fee so rest of fees rolled in the 400 monthly payment)
Then $400 including tax per month for the remaining 35 months
Location: Wisconsin

Well, the MSRP and adjusted cap haven't changed from your first post, so my calculations remain the same.

Thank you, but just to double check, the calculations you got of $351/mo plus tax doesn't include acquisition fees, dealer's fee or DMV costs, correct?

My answer is still the same - it includes whatever is included in the $32,079 number you've provided. If you are paying them up front, they aren't part of the payment.

I understand you now. You mean that if I am paying all other fees at signing, I should only pay the 351 (369 including tax) per month only.

Here are more details from the dealer as he said that adjusted cap includes the acquisition fee:
MSRP: $35,845
Adjusted cost: sales price 31,484 + acquisition 595
If I want to get the monthly rat you calculated of ~370, I will have to make a downpayment dues at signing of $2000 which includes first month of $370, DMV ~210, dealer's paper fee ~220 + maintenance plan and paint/windshield/interior protection. So it seems those add on of maintenance that includes oil changes of 6 times and protection would cost $1200 if calculated from the $2000. Does that sound fishy? My heart tells me there is something fishy but my brain says reasonable per published numbers on other websites like KBB where is the lowest in the fair market range is $32,441 and no other dealer in the State was able to beat that offer.
PS: Yes, I am interested to make a downpayment of $2000 rather than rolling everything in the monthly fee because I got a new credit card with a good signup bonus of $500 if I charge the card a good amount

If the dealer isn't giving you the full breakdown of what the $2000 includes, I'd simply move on to another dealer.

No way would I pay $1200 for a maintenance program and lease end protection. In fact, I'd skip them entirely.

Thank you so much Michaell but can you please explain how did you get the 351 monthly payment for the Adjusted cost: sales price 31,484 + acquisition 595? I ran some calculations on various website and got way different numbers. I am not questioning you, just wanted to know how you got that and why other calculations are different so I can confront the dealer and at the same time negotiate with other dealers using that sales price I got.
This is from Edmunds website for lease calculation! It says 405 without taxes!!


and this is from another website! It says 350 with sales tax included!!



In both websites I used the sales price 31,484, RV of 63% and MF of 0.00159...

Show my work? OK....

Thank you Michaell, really appreciate this. Your numbers exactly match calculator website (second photo) but for some reason numbers by Edmunds ($405) and other websites are way higher and that's why dealers use those websites for their argument. So not sure where does the gap come from when all numbers got filled are the same!
Lastly, any expectations for MF to go down during this corona outbreak? Or number is fixed until the new program-which I don't know when does it start

New programs will start on 4/1 - no guesses as to what will happen to the programs.

On-line calculators often make assumptions we know nothing about, which could account for the difference.

section08

kyfdx said:

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

Due to COVID-19, we had to postpone due to dealership being closed, but it looks like we may be able to enter into a new lease via email. Am wondering if the numbers above are the same for the program which starts on April 1st. Thanks!

good_boy_1234

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

kyfdx

section08 said:

kyfdx said:

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

Due to COVID-19, we had to postpone due to dealership being closed, but it looks like we may be able to enter into a new lease via email. Am wondering if the numbers above are the same for the program which starts on April 1st. Thanks!

.00137 MF and 64% residual

kyfdx

good_boy_1234 said:

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

36/15
.00137 MF and 61% residual

No lease incentives

good_boy_1234

kyfdx said:

good_boy_1234 said:

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

36/15
.00137 MF and 61% residual

No lease incentives

Thanks! What about 12K not 15K? So money factor decreased and residual increased so net increase in price which doesn't make sense in the current slow market, or this is just for the 15K? Hope the 12K has better numbers! Also when does the april program end

Michaell

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

36/15
.00137 MF and 61% residual

No lease incentives

Thanks! What about 12K not 15K? So money factor decreased and residual increased so net increase in price which doesn't make sense in the current slow market, or this is just for the 15K? Hope the 12K has better numbers! Also when does the april program end

63% for 12K

Programs expire 4 May.

Nobody says the lease programs have to make sense, or track to the current economic climate.

gobucks32

Please provide the April numbers for 2020 CR-V AWD EX 12k miles/36 Months Zip: 43320
Thank You!

kyfdx

gobucks32 said:

Please provide the April numbers for 2020 CR-V AWD EX 12k miles/36 Months Zip: 43320
Thank You!

.00137 MF and 63% residual

bethdriggs

Can you please provide MF, residual value and any lease specials for 2020 CRV-LX FWD with both 10k and 12k mikes and 36 mo term? Zip is 35211

Also, I just got the attached quote for this car. This is based off of 12k miles and 36 mo term and also factoring in a trade in. Could you kindly review and let me know if everything matches up if you think there is room to go down in the rate?

Thank you.

kyfdx

bethdriggs said:

Can you please provide MF, residual value and any lease specials for 2020 CRV-LX FWD with both 10k and 12k mikes and 36 mo term? Zip is 35211

Also, I just got the attached quote for this car. This is based off of 12k miles and 36 mo term and also factoring in a trade in. Could you kindly review and let me know if everything matches up if you think there is room to go down in the rate?

Thank you.

36/12
.00137 MF and 62% residual

I don't think you can get 10K/yr, even if you want it.

You have a $2000 trade, plus $1000 cash out of pocket?
$799.50 dealer fee?

No sales tax in Alabama?

good_boy_1234

Michaell said:

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

36/15
.00137 MF and 61% residual

No lease incentives

Thanks! What about 12K not 15K? So money factor decreased and residual increased so net increase in price which doesn't make sense in the current slow market, or this is just for the 15K? Hope the 12K has better numbers! Also when does the april program end

63% for 12K

Programs expire 4 May.

Nobody says the lease programs have to make sense, or track to the current economic climate.

Thanks actually it makes sense now of 63% for the 12k. So prices overall decreased because money factor has decreased

Michaell

good_boy_1234 said:

Michaell said:

good_boy_1234 said:

kyfdx said:

good_boy_1234 said:

Any update on the April program? 2020 AWD touring, Wisconsin. Any incentives or change in MF?

36/15
.00137 MF and 61% residual

No lease incentives

Thanks! What about 12K not 15K? So money factor decreased and residual increased so net increase in price which doesn't make sense in the current slow market, or this is just for the 15K? Hope the 12K has better numbers! Also when does the april program end

63% for 12K

Programs expire 4 May.

Nobody says the lease programs have to make sense, or track to the current economic climate.

Thanks actually it makes sense now of 63% for the 12k. So prices overall decreased because money factor has decreased

Exactly - can't look at any one piece of the lease program puzzle in isolation. You have to look at the whole picture - MF, RV and incentives.

DMBeer41

Looking at a 2020 CRV EX and EXL (both AWD) on a 36/12 lease. What are current MF, residual and incentives? 06903 zip

kyfdx

DMBeer41 said:

Looking at a 2020 CRV EX and EXL (both AWD) on a 36/12 lease. What are current MF, residual and incentives? 06903 zip

.00137 MF and 63% residual

Either trim

good_boy_1234

I just saw that Honda has a new conquest offer for CRV 2020 of $500. I also noticed the have a new special offer for First Responder & Healthcare Professional Appreciation Offer of $500. I don't see a statement in any of those offers that it says it cannot be combined (I remember loyalty offer used to have that language). I have 2 questions:

1) Can I combine both so get total $1,000
2) These offers are from Honda so the dealer should not include them in the negotiation and should not be part of the sales price, correct?

Michaell

good_boy_1234 said:

I just saw that Honda has a new conquest offer for CRV 2020 of $500. I also noticed the have a new special offer for First Responder & Healthcare Professional Appreciation Offer of $500. I don't see a statement in any of those offers that it says it cannot be combined (I remember loyalty offer used to have that language). I have 2 questions:

1) Can I combine both so get total $1,000
2) These offers are from Honda so the dealer should not include them in the negotiation and should not be part of the sales price, correct?

1. I see no reason why you couldn't combine them for $1000
2. Correct

kyfdx

good_boy_1234 said:

I just saw that Honda has a new conquest offer for CRV 2020 of $500. I also noticed the have a new special offer for First Responder & Healthcare Professional Appreciation Offer of $500. I don't see a statement in any of those offers that it says it cannot be combined (I remember loyalty offer used to have that language). I have 2 questions:

1) Can I combine both so get total $1,000
2) These offers are from Honda so the dealer should not include them in the negotiation and should not be part of the sales price, correct?

2) Nothing keeps the dealer from presenting the deal however they want, during negotiation. You only know the answer if you ask.

good_boy_1234

When does the April lease program end? When does the new loyalty of $1000 incentive end? When does the medical professiona/first responder $500 discount end as well?

Michaell

good_boy_1234 said:

When does the April lease program end? When does the new loyalty of $1000 incentive end? When does the medical professiona/first responder $500 discount end as well?

All programs and incentives are scheduled to end 5/4/2020

curro10

Can I please have MF, Residual, and incentives for 2020 EX-L and Touring. 36/12. 58102. Any incentives?

Michaell

curro10 said:

Can I please have MF, Residual, and incentives for 2020 EX-L and Touring. 36/12. 58102. Any incentives?

.00137 and 63%
No incentives

Either trim

[Deleted User]

Hi looking at a 2020 EX-L 2WD.

Need MF, RV and any incentives:
15k year and 36 months

Zip: 85028
Thanks!

kyfdx

Lunderjack said:

Hi looking at a 2020 EX-L 2WD.

Need MF, RV and any incentives:
15k year and 36 months

Zip: 85028
Thanks!

.00137 MF and 61% residual

No lease incentives

good_boy_1234

First, would like to thank Edmunds especially Kyfdx and Michaell for their efforts and tremendous help. Finally, that two month journey of searching ended with 2020 CRV Touring AWD. I was close in my calculations with them (monthly payment difference was within decimals), until they added the $500 rebate incentive for first responders where the monthly fee was higher around $5.5 per month compared to my calculations (so ~$200 more expensive than my calculations). Not sure why it happened because both dealer and my calculations were extremely close with every discount they add until that $500 rebate. I wanted to put down $2,000 due to credit card signup bonus as well as wanted to decrease the monthly rate and interest on money as well.

A) In simple numbers:
-Initial sales price was 32500 (which is amazing as a start!).
-Loyalty discount from Honda $1,000
-$500 rebate due to first responder incentive.
-$700 trade in value from my old lease (had an equity of $700 and plus the dealer is taking care of $2000 of payments left. Was a good equity especially now as market value is going down and carmax offer had - $5,000 negative equity!!!).
-My sales tax: 5.5%
-Due at signing $2,000 and monthly payment $287ish

B ) In complex format per contract:

kyfdx

@good_boy_1234 Congrats! Thanks for the report.

auxiliary

good_boy_1234 said:

-Loyalty discount from Honda $1,000
-$500 rebate due to first responder incentive.

I see the $500 under section B, but where is the $1,000 from your CRV? I had a dealer quote me and i read the fine print and even when you go to honda.com it lets me combine deals. Well the dealer said one or the other. The deal i was looking to combine was conquest offer ( i have a non honda) and the loyalty offer. They they said we cant combine them, but we are going to take it off the price?

There any sticky on these lease forums? I'm about to get some quotes and have one already.