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For folks in the NY/NJ area, I suggest contacting Adrian at Paragon Honda in Queens, once I had pricing from a few other dealers in the area he was very easy to work with over the phone and text.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I'm interested in the new CRV, looking specifically at the touring model with hopes to lease to buy and save some money in terms of the tax, giving me 3 years to save up for the buyout. Could I get any input in terms of this decision. Is this a good time to lease, should I be looking into different options? How much should I expect to get them to drop off MSRP? What should I be expecting from my local dealerships in terms of MF, residual and payments? Your input would be greatly appreciated and I will follow up with what the dealer offers me.
Thanks Michaell
Also, the money factor is very high for the CR-V (.00200, equivalent to 4.8% APR).
59% residual for 36/15.
If your goal is to own the vehicle, you'll do better to just buy it.
If you are looking for an inexpensive lease, pick another model.
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on the CR-V leases. Being a 3 time returning lessee, I was very disappointed in Honda. So in response to
their intransigence, I now am leasing a 2017 Subaru Outback limited which is loaded for less money than I would have paid for a CR-V EX. Thanks for your help and information. BYE BYE HONDA
However, Honda has a hit on their hands with the new CR-V, so there is no incentive for Honda Finance to discount the lease terms. Will the MF come down eventually? Sure - but, no idea when that might be.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Kyfdx
I'm in the state of California. Its for my mother who is planning to own it. I was hoping to obtain an inexpensive lease on it and be able to buyout for less by saving more hard cash for the residual.
Would waiting till July be a better option for a lease or like you said planning to buy instead? If that be the case I'm not sure if a credit union would provide me with a better apr but I don't have much experience doing so, worried dealer won't budge on the price. Thanks for your quick response!
I'm in the state of California. Its for my mother who is planning to own it. I was hoping to obtain an inexpensive lease on it and be able to buyout for less by saving more hard cash for the residual.
Would waiting till July be a better option for a lease or like you said planning to buy instead? If that be the case I'm not sure if a credit union would provide me with a better apr but I don't have much experience doing so, worried dealer won't budge on the price. Thanks for your quick response!
There really aren't any inexpensive leases for the CR-V. Also, no tax savings in that plan.
Try to get your best deal, and line up the lowest cost financing you can find, then buy it.
If you can wait, that is always better.
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I'm hoping that the new incentives that will roll in July 5 would be helpful for the purchase since it's about 40 days from now and my current lease ends at the end of the month, don't know how long I can hold off without a car beyond the 40 days. Thanks for the advice I want to get a deal with a credit union in case the financing with the dealer is at a higher cost, if they offer better interest than the credit union I'll go with the dealer. I'm just really unsure with the timing and what would be the best deal.
36/12 and 36/15.
Thanks!
EX: 64%/62% residual
.00200 MF
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Whenever you have a moment...
MF and RV for the 2017 CR-V LX--and also the 2017 HR-V LX?
36 mo/12k.
State of Wisconsin.
Thank you!
If so, what would the MF and RV be for these leftover 2016 models?
Again, 36 mo/12k.
State of Wisconsin.
Thanks!
HR-V discussion is here:
https://forums.edmunds.com/discussion/43231/honda/hr-v/2017-honda-hr-v-lease-questions#latest
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Total Out of Pocket: $2,700 (includes 1st mo. payment, fees and cap cost reduction)
Total Monthly Payment: $415
Gross Capitalized Cost: $32,913.85
Capitalized Cost Reduction: $1,461.76
Adjusted Capitalized Cost: $31,452,09
Residual Percentage: 59% ($20,434.65)
Hope this helps.
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We show .00200 MF
If the numbers aren't adding up, that might be telling you something.
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Confirm 59% for 39/12 on Touring
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Sale Price: $25,804 Plus $595 (Dealer Installed Accessories)
Total Price: $26,399
Lease Term: 36 Months
Miles: 12K
Residual: $16,641
Drive Offs: $809.52
Base Monthly: $374.55 Plus Tax
Sale Price: $25,804 Plus $595 (Dealer Installed Accessories)
Total Price: $26,399
Lease Term: 36 Months
Miles: 15k
Residual: $16,028
Drive Offs: $823.52
Base Monthly: $386.50 Plus Tax
These don't look like good deals to me. Agree?
The dealer cannot alter the residuals - they are set by Honda Finance.
At the moment, the high MF is making the lease payments on the CR-V quite expensive.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
.00200 and 64% for 36/12 on EX.
With your prices, I get $345/mo plus tax.
Ask the dealer for the adjusted cap cost - and how they got to that number from the "total price" you've been quoted.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
And,
1. Is it correct what they are telling about the sale price too (in addition to MF and residual), on the internet, being controlled by Honda and not the dealer?
2. Reading the MF from here, is it not 0.0021 an inflated number that they have provided?
Thanks much,
Juj
We thought the standard MF from Honda was .00200, but it could be .00210 in New England. We don't have the numbers to confirm.
Never heard of a BDC code; you might want to reach out to other dealers and see if you can beat their price.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
I understand the current program will end around July 5th? Any chance they would lower mf when they change programs? Thanks!
No insight on future programs
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Wife is looking at a new 2017 CR-V EXL
EXL no nav,
EXL with nav
Touring
She can't make up her mind!
New York
Need MF and residual.
Thanks!
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