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CR-V Touring AWD Lease Question

ajg71283ajg71283 Member Posts: 11
edited June 2015 in Honda
Hello,

I am in the NYC area interested in a 2015 Honda CR-V Touring AWD that I would like to lease. Can you please tell me what the Residual rate is as well as the money factor I should expect?

Thanks.

Comments

  • MichaellMichaell Moderator Posts: 240,980
    ajg71283 said:

    Hello,

    I am in the NYC area interested in a 2015 Honda CR-V Touring AWD that I would like to lease. Can you please tell me what the Residual rate is as well as the money factor I should expect?

    Thanks.

    The MF is .00160 for the Touring trim.

    What lease term and how many miles per year are you looking for?

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  • ajg71283ajg71283 Member Posts: 11
    Looking for a 36 month lease with 12k per year...Curious what the difference in residual rate would be for 10k per year as well.
  • MichaellMichaell Moderator Posts: 240,980
    ajg71283 said:

    Looking for a 36 month lease with 12k per year...Curious what the difference in residual rate would be for 10k per year as well.

    60% for 36/12. Honda doesn't offer a 10K lease option in all areas of the country, but if it's available to you, it would be 61%

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  • ajg71283ajg71283 Member Posts: 11
    Great. Thanks.

    Kind of related - any idea when the 2016 CR-Vs will be rolling out?
  • MichaellMichaell Moderator Posts: 240,980
    ajg71283 said:

    Great. Thanks.

    Kind of related - any idea when the 2016 CR-Vs will be rolling out?

    No idea.

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  • Hello,

    I just visited my dealer today to talk about my current lease and potentially upgrade to a new lease.
    I currently have a 2013 Honda CRV EXL 4WD NAV. My current lease is 3 year / 36000 miles and I pay
    $364 / month. I've had the lease for 24 months and have put 37500 miles on the car to date. Initially, I was planning to buy the car, but we started talking about rolling my lease into a 2015 Honda CR-V Touring AWD.
    The MSRP of the Touring is $33775. We started negotiating on lease price and they started at $495 / month
    and came down to $435 /month for a 3 year / 45000 mile lease with 0 down and $660 due at signing.
    Is this a reasonable deal?

    thanks
  • pattyballspattyballs Member Posts: 15
    Hello,
    I currently have a CR-V on hold for me that is incoming. The deal is subject to rate changes(residual and Money Factor). I was hoping you could provide me with those for the month of August 2015 and September 2015 so i can confirm the changes, if any.

    2015 Honda CR-V LX AWD
    10k Miles/year
    36 Month Lease
  • MichaellMichaell Moderator Posts: 240,980

    Hello,
    I currently have a CR-V on hold for me that is incoming. The deal is subject to rate changes(residual and Money Factor). I was hoping you could provide me with those for the month of August 2015 and September 2015 so i can confirm the changes, if any.

    2015 Honda CR-V LX AWD
    10k Miles/year
    36 Month Lease

    Current Honda numbers are valid until 9/7.

    63% for 36/12; Honda does not offer 10K leases.

    MF for the CR-V LX is .00040

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  • pattyballspattyballs Member Posts: 15
    Hi Michael,
    Any way you can provide the new numbers for me for this month? Thank you.
  • MichaellMichaell Moderator Posts: 240,980

    Hi Michael,
    Any way you can provide the new numbers for me for this month? Thank you.

    What lease term and how many miles per year?

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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  • pattyballspattyballs Member Posts: 15
    Hello,
    Lease term is 36 months, 10k miles per year and it is for a AWD LX. Thank you.
  • MichaellMichaell Moderator Posts: 240,980

    Hello,
    Lease term is 36 months, 10k miles per year and it is for a AWD LX. Thank you.

    .00040 and 63% for 36/12. Honda doesn't offer 10K leases, but if it is available, add 1% to the 12K residual.

    Edmunds Price Checker
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    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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