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2013 and earlier-Honda CR-V Lease Questions
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Comments
Should I take this deal?
I can afford to purachse the lower end model for $21,900 and zero down based on trade-in value. Can't decide if the lease option is a better deal or not.
You've been awesome in the past with your info, and the time has come to ask you again!
I'm looking to lease a 2012 CR-V EX AWD, 36 months, 15k miles per year in Cleveland, OH. Can you give me the residual and money factor? And are there any special lease incentives going on for this model?
I did some rough math, and based on prior months where you've posted the numbers for this same lease arrangement, I should be around $315/mo with $1,000 down if I can negotiate down to invoice. Not sure if I did this right.
Thanks,
verinox
Car_man
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I don't believe that Honda is currently providing any cash incentives on this vehicle at this time.
Car_man
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I am being quoted for a 36 month, 12,000 mile lease a payment of $369 with 0 money down. This is for an EX- L with mud guards and wheel locks. No Nav. The price is $27,304.
If we put $2,000 down it goes to $308. Also, if we decide to purchase instead of lease, 5 year financing is at 2.99%.
Do these numbers sound good? We are considering waiting a month to see if there are better deals to be had. Or ..... is this as good as it gets and we should stop being greedy.
What are your thoughts.
The residual value for a lease with only 12,000 miles per year would be 2% higher.
If I was in the market for a CR-V right now in an area that has a decent level of competition, I personally would shoot for a selling price of around $500 over dealer invoice. you can look up this car's exact invoice price over in the New Vehicle Pricing section of Edmunds.com.
Car_man
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Also, are the calculators on the Weymouth site reliable if I change the tax rate to reflect my state?
Thanks.
Car_man
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Can you please provide the lease numbers (mf & resid) on 24 and 36 month, 12K mi/year leases on the 2012 and 2013 Honda CR-V LX. Also, is there any lease support being provided?
Thanks
The numbers for an otherwise identical 36-month lease are .00150 and 62%.
The numbers for the 2013 version of this vehicle are .00245 / 71% and .00155 / 64%.
Honda is not currently providing any cash incentives on this model that I am aware of.
Car_man
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Can you please provide Honda Finance's October money factor and residual value for a 36-month lease of a 2013 CR-V EX-L 4WD w/Navi with 15,000 miles per year? Thanks!
Can you please provide the money factor and residual for a 2013 EX-L AWD 36 months 12k year in New Hampshire?
Considering your advice to offer $500 over dealer invoice, how much your think would be an reasonable monthly payment? I was offered $369.99/mo today with no down payment other than the first month but I thought I could do a little bit better with more time and research maybe $340 a month or less. Am I shooting too low?
Thank you!!!
AWD for sure as I live in New Hampshire.
I appreciate any insight on whether this was a good deal and I can jump on it.
THANKS!
We would like to lease ASAP a 2013 CRV EX-L with Navi 2wd for 36 Months and 15K per year. What is the residual and money factor for this car?
Thank you..
Car_man
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Car_man
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Using an MSRP of $29,525 and a selling price of $28,266, I estimate that this vehicle would have a zero down, pre-tax monthly payment of around $349. You can always give it a shot, but I think that you're a tiny bit low on your target payment.
Car_man
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Car_man
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Sale Price 28,550
Doc Fee 250
Acq Fee 595
Gross Cap 29,547
We were quoted a payment of $398 with 6.25% OH sales tax, $500 cash due at signing (first months payment and tags). How does this sound? Did I miss any important details?
2013 CR-V EXL AWD no NAV
Selling Price 26,775
Floor Mats 152
Cargo Tray 83.75
Total 27010.75
Licence/Title Fees 67.75
Acquisition Fee 595
Doc Fee 250
Sales Tax (6.25%) 767.93
Cash out of pocket $500 (incl 1st pmt)
Residual 62%, MF 0.0016 (no security deposit)
36 payments of ~ $362
For those interested, leased from Joe Morgan Honda. I got quotes from every dealer in Cincinnati and they blew away the competition. Great dealership. I would highly recommend.
Car_man
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Can you please provide the November lease numbers on 2012 and 2013 awd lx crv's. I'm looking for the resid and mf on 24 and 36 month leases with 12k mi per yr.
Thanks
I would like to know the November lease money factor and residual for a 2013 CR-V EX-L AWD, 10K and 12K miles per year.
Honda Finance's November by rate lease money factor and residual value for 24 to 36 month leases of the 2013 CR-V is .00160 for consumers who qualify for its top credit tier.
The money factor for an otherwise identical lease of a 2012 model is .00126.
Car_man
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Car_man
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Have you been able to find the November residual for 2013 AWD CR-V EX-L, 12000 miles per year??
Can you also confirm the money factor? I was quoted .00150 today, not .00160 as you mentioned above.
Thank you
Car_man
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Can you kindly post the residuals and MFs for both the 2013 Honda CR-V FWD LX and AWD LX for a 10K/year, 36 month lease?
I always appreciate your help on these forums.
Thanks,
Mike
Can you confirm the 67% residual for the ny metro area on a 36 month - 12k mi / yr lease on a awd crv EX-L. I'm being quoted 62% without anyone checking credit.
Thanks
The money factor for an LX AWD would be the same, but its residual value would be 65%.
Car_man
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Perhaps the dealer is talking about a 2012 model. The residual value for a 24-month lease of that would be around 62%.
Car_man
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Thanks, dealer is in metro NYC.
http://www.weymouthhonda.com/lease/?&code=RM3H7DJW
The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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Car_man
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From decoding the Honda Days special online. Here are the figures I'm getting a CRV LX 2WD, can you confirm this car_man, it differs slightly than what you said or maybe you were talking about a different model.
12K/36months
63% residual
0.0015 MF
1st payment waived by Honda
This is for the 0 down lease special on the website.
Price: $21500 +$595 acq fee
0.0016 MF
63% residual 12K/36 months
nothing down, no accessories, no trade ins, nothing, bought nothing but the car. Only fees were CA legally mandated fees ie. $80 doc fee, license, tire fee... Doc fee is negotiable but I negotiate with the doc fee understood as $80.
Good luck.
What are the residual % and money factor for 12K (do they also have 10 K?) CR-V EX AWD, not the EX-L or are they all the same?
Thank you,
scmichael
Thanks,
Linda
12 K/year is also being considered but I probably will need more miles than that and I am not sure the sales guy advice to get 12k and just lease again if I blow the miles before the end of the term is a good advice!
So far best price I have for 2013 CR-V EX AWD is $24.756 + $479 dealer fees.
Is it a decent price?
Thank you!