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2013 and earlier-Honda CR-V Lease Questions
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Sidenote: maybe I'm in the minority, but I really did enjoy those Premium reports that edmunds.com once sold. They helped me consolidate my information, and, at $10 each, I thought a good deal. Not sure when you guys stopped doing them, but glad to see edmunds.com still looking hearty.
MSRP $26,255.00
Sale Price $24,102.16
Residual $15,753.00 (60% of MSRP1)
Financing 0.00078 money factor
Mileage 15,000 Miles/Year
Term 36 Months
Credit Preferred (709-660)
Monthly Payment Due at Signing
$280.00 $519.00
$297.50 including 6.25% tax $536.50 including 6.25% tax
If you're curious how we arrived at this payment, check this box to see our detailed view.
The amount due at signing consists of $239.00 documentation fee and $280.00 first month's payment.
dealer is in weymouth,ma and i am in sullivan county,ny
Lease term: 36 months
Mileage: 15k
2011 CRV-SE 4WD
Purchase price: 23410
MSRP: forgot to note :-(
Residual: 60% of MSRP
Money factor: .00078
$1266 due at signing (think it was $695 acquisition fee, $300 dmv fee, $289 first pmt)
$289 a month lease pmt including NYC taxes (8.875%)
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP $26,255.00
Sale Price $24,102.16
Residual $15,753.00 (60% of MSRP1)
Financing 0.00078 money factor
Mileage 15,000 Miles/Year
Term 36 Months
Credit Preferred (709-660)
Monthly Payment Due at Signing
$280.00 $519.00
$297.50 including 6.25% tax $536.50 including 6.25% tax
If you're curious how we arrived at this payment, check this box to see our detailed view.
The amount due at signing consists of $239.00 documentation fee and $280.00 first month's payment.
dealer is in weymouth,ma and i am in sullivan county,ny
thanks
Good Luck!
2011 CR-V EX-L w/NAV
$0 down
$1700.00 Taxes and doc fees first payment $350.
$350.00 a month before taxes = $375 w/tax NJ
36mo./12k per year
Free oil changes for 3 years.
Comes to about $138 for every $10000 which is under the $150 for every $10000 calculation.
Good deal???? TIA!!!
I put down total of $1680 OTD. This included first month payment. I now have 35 payments left of $300 even. This is 36month lease, 12k annually. Glacier Blue Metallic. Residual was 60% and money factor 0.00078. MSRP was $28675 and i negotiated down to $26679 (Base Cap Cost) "
So basically if I compare my deal to yours im paying $50 a month more than you for just Nav correct?
also below is something I found on the net.
"Any lease that costs less than $150 per month per $10,000 worth of vehicle is a good lease deal"
http://www.realcartips.com/leasing/0439-good-lease-deal.shtml
Is this bad info???
Can you tell me which dealer gave you that deal?
I'm also from NJ and I was looking for an EX-L today with no navigation, and the dealer would not get below 377 a month with a 3800 OTD payment.
I would love to get to your dealer
Thanks
Honda Pilot EX-L W/NAV silver/grey leather - right under touring model.
$1572.00 (title taxes fees etc)+428 first month.
12k 36 mo. 428 a month w/tax.
After really looking at the CRV we decided for the price difference we could do the Pilot which in my opinion is way more car for the $$$.
Could you tell me where you got that deal?
I would like to take a car with this lease
Couldn't get anything that low where I was looking
Thanks
I'm also considering paying all up front to avoid the finance cost. That would run roughly $9500 pretax--still working on nailing down the final number.
Would appreciate your opinion. Thanks
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
MSRP 28905 negotiated down to 25900. Made a one-time up front lease payment.
Dealer is Zimbrick in Madison WI.
Got the prices and terms to negotiate on Weymouth Honda as per a former posting here and they essentially matched those numbers.
Yesterday we leased a 2011 CR-V (here in Hawaii) based on the nationally advertised special of 35 months at $270 per month, no money down, and the first month "free."
The salesperson mentioned that because of the "package" included (I forget the exact name -- but which he identified as floor mats, some dent protectors on the side of the car, etc. --- priced at $525 by the way) that my lease payments would now be $312 per month.
Now, I know that license, registration, etc., would be added on to this lease, but does this $312 per month price sound legit to you??
Thank!
MG
$300 registration? = $8.33
$291/mo. + tax (6%?) = $309/mo..
Those are just estimates, so $312 isn't surprising..
If you want they should break out all the charges for you... $525 is probably a little steep for the accessories, but the deal seems decent overall..
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
With that being said I did run across a place in NY that has the following deal on a 2011 SE 4x4.
The lease term is $225 a month for 36 months with taxes, tags, and a $595 bank fee. Given I am in VA I am looking at about $1500 out of pocket to cover all of this. This seems like a great deal better then most are getting. Still unsure if I want to lease or once again wait for the 2012 but this just seems to good to pass on.
If I plan to take the current advertised lease offer of $270/month for 35 moths (12K miles), then do I have to bargain on the selling price or is this deal fixed? More like a 'walk in and buy it' kind of thing?
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
msrp 26255
sale price 25300
money factor .00078
residual 62%
This was on a 3yr/36k mile. This is at Vern Eide Honda in Sioux Falls, SD. I'm working on trying to get them to add on a remote start at no extra cost, but they are reluctant as of now.
Good deal?
Thanks for all that you do here, I lurk all the time and find your posts extremely helpful.
I'm looking at doing some crazy business with trading in our 2010 CRV EX that is financed for a 2011 EXL on a lease. This is in TX. Had an EX-L before and thought we'd get by without the leather/other goodies but prefer the EX-L and frankly my fiancee is only driving 8000 miles/yr so a lease would be ideal. And I think we got one in a bad batch as our 2010 was in the shop 3 times for a leaking rear main seal (not cool!) and steering vibrations...but we do love the CRV's.
That said, what are the Money Factor and Residual for a '11 EXL 2wd for 10k and 12k options? I have a price quote of selling price at $25,031 with an MSRP of $27,655 as my first internet quote which I think is very reasonable. They are "working" on a lease quote as I type this. Just wanted to verify. I'm seeing .00078 and 62% (for 12k) tossed around on here, but not sure if it applies to the 2wd and the October rates.
Thanks for your help!
Jake
Lease came out to $342/month including tax (in Texas) with zero down, just first payment of $342 at signing. Rolled in acq fee, tags/etc. .00095 money factor and 59% residual on 36 month, 12k/yr. Getting a check back for $3,000 in equity from the 2010. This way we are set up to lease a new model about 2+ years into it's launch. Works out well. Best of luck out there.
end of lease buy out-$16,015
money factor-.00077
is this decent or can i push more?
Anyone have any perspective they can offer on this? Basically, just wondering how exceptional is the national lease promotion being offered, and whether there might be something similiar for the 2012s.
Thanks
The numbers for an otherwise identical lease of an SE 4WD are exactly the same.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
The residual value for a lease with only 10,000 miles per year would likely be 1% higher.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
I had a dealer quote me a white 2011 4WD SE CR-V for $248 a month for 36 mths, 45000 miles. This was $1000 down, $750 college graduate program with Maryland taxes. (6%).
What is the November 2011 money factor and residual value? And is this a good deal?
Any help is appreciated as I'm new to leasing.
Thanks!
I would be happy to give you my opinion of this deal, but it would be much easier if you were able to provide us with its selling price first. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. This number will enable us to see how large a dealer discount you are being given and in turn if there is any room left to negotiate.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks in advance
I've been quoted 0.00195 and 66% on a sticker price of 26,455.
Thanks in advance
I believe that one has to have a credit score in the low 700 range to be eligible for Honda Finance's "Super Preferred" credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Does anyone know the 2011 and 2012 CR-V money factor and residual value for NJ?
Also, this is my first time ever for leasing. Besides the sell price,money factor and residual value, what else shold I ask for to the dealer?
Thanks
In short, the easiest way to get a good deal on a leased vehicle is to shop around for the lowest possible selling price and then have the dealer that you decide to go with calculate your vehicle's monthly payment using its buy rate lease money factor.
Honda Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2011 CR-V LX 4WD with 15,000 miles per year are .00080 and 58%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
The numbers for an otherwise identical lease of a 2012 model are .00195 and 64%.
When negotiating your deal, make sure to take advantage of the $500 dealer cash that Honda is currently providing on the 2011 model.
This car's lease program varies by trim level, so let me know if you are interested in a different variant.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
2011 Honda CR-V EX White 4WD
MSRP: $26,255
Sale Price: $23,387
Down Payment: $0
Monthly Payment: $291.08
36 Month Lease with 12,000 Miles per year.
More room to negotiate or is this a fair deal?
2000 down which includes first month payment, document feed etc.,
36 months 12 K miles, $368 per month including tax. 19000 is residual.
can you please let me know if this is a good deal.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Honda Finance's January buy rate lease money factor and residual value for a 36-month lease of a 2012 CR-V EX-L 4WD with navigation and 15,000 miles per year are .00195 and 61%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Thanks in advance.
MSRP: $26,255
Sale Price: $23,387
Down Payment: $0
Monthly Payment: $291.08
This looks pretty good deal. Do you have to pay any feeds/tax at the time of pick up? And can you share the dealer name?
Thanks.
We just got a Honda CRV EX AWD 2012 for $295/mo with $1250 down and a $800 trade in. This price includes all tax, title, license registration...no other fees at signing.
Did we get a good deal?
Thanks
Thanks