2020 CrV EX-L lease & Honda Finance Gap Insurance cost?

MajickMajick Member Posts: 2
edited October 2020 in Honda
Newbie here & first time leasing Honda.
For 2020 CrV EX-L 3 years/30K lease is Honda Finance Gap Insurance built-in & mandatory? Its monthly cost or Add-in per month or year typically can be? Required even with high fico 800+? Got surprised.Thanks.
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  • kyfdxkyfdx Moderator Posts: 267,549
    Majick said:

    Newbie here & first time leasing Honda.
    For 2020 CrV EX-L 3 years/30K lease is Honda Finance Gap Insurance built-in & mandatory? Its monthly cost or Add-in per month or year typically can be? Required even with high fico 800+? Got surprised.Thanks.

    .00119 MF and 63% residual
    $500 incentive

    All Honda Finance leases include GAP at no extra charge.

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  • MajickMajick Member Posts: 2
    Yes.Thanks for your reply. I did get Honda CR-V EX-L AWD with 0.00119mf & $360/Mo x36 payments only for 30K/3 yr miles,$0 down with All taxes, plates included & No Trade-In.
  • kyfdxkyfdx Moderator Posts: 267,549
    Majick said:

    Yes.Thanks for your reply. I did get Honda CR-V EX-L AWD with 0.00119mf & $360/Mo x36 payments only for 30K/3 yr miles,$0 down with All taxes, plates included & No Trade-In.

    Congrats!

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