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Thank you, kindly!
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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
No Nav
36 month
Residual % ?
In Alabama
As far as MF%, do you know what it would be for a one-payment lease?
.00120 MF for one-payment lease
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No other pros or cons beyond the lower MF.
All Honda dealers should be able to write up a lease with these parameters.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
What you need are the payoff and trade values of your existing CR-V - then, you'll be in a better position to understand the numbers for the new deal.
The 2017 CR-V is going to be expensive to lease, so long as the MF stays high (.00200 still, this month).
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
We've been seeing payments north of $350 from most folks.
And, a higher residual should result in a lower payment, all things being equal.
But, they're not - as noted, the 2017 MF is .00200. I'm sure the MF on your 2016 is much, much lower.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
In your opinion do you think its better to lease or buy the new CRV at the moment?
Thanks.
I wouldn't lease with money factors at this level.
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Mom's Lease is up in 5 wks (mid Aug). *HAS* a 2014 CRV-EX AWD: 36m/45k (has 41k) RV=$16,107.
*WANTS* new 2017 CRV-EX AWD, 36m/45k. FICO 800. In Ohio.
* Saw the .0020 MF in prev posts for July. Is rate same for all credit levels? Expect to be same in Aug?
* What is RV for 36/45?
* Need 45k, but any advantage doing a 40m/45k to get her lease turnover (re-up) date to December in future yrs? Any positive impact on MF or RV? Thank you!
If you do a longer term lease, you get more miles, and the residual goes down. I doubt Honda will do any sort of custom mileage allowance.
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Imagine my surprise when I got quoted $440/month for 36 months (actually, he said it was 39 months -- huh ?), 15K miles, AND $2K down. The salesman said the money factor was .0021 because the Fed had hiked rates (is that true ?). He said if we went with an EX model we're looking at $400/month give or take.
Are these payments reasonable ? High ? Average ?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
See the post above yours - EX-L FWD just leased for $394/mo. You tell me if your $441/mo quote is good by comparison.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
See the post above yours - EX-L FWD just leased for $394/mo. You tell me if your $441/mo quote is good by comparison.
Why are MSRP and adjusted cap cost important ? A dealer can tell me they are both at ridiculously low or high levels...that just makes the monthly lease payment they gave me either very very bad (if the MSRP/cap cost is low) or very very good (if they are high). I mean, if they tell me the CV-R sells for $40,000 (MSRP or cap cost), then $441 would be pretty good. If they tell me the CV-R can be bought outright for $20,000 then the number quoted is insane. Obviously, if those prices were legit you'd want to buy the 2nd quote and avoid the 1st one.
Right ?
See the post above yours - EX-L FWD just leased for $394/mo. You tell me if your $441/mo quote is good by comparison.
Why are MSRP and adjusted cap cost important ? A dealer can tell me they are both at ridiculously low or high levels...that just makes the monthly lease payment they gave me either very very bad (if the MSRP/cap cost is low) or very very good (if they are high). I mean, if they tell me the CV-R sells for $40,000 (MSRP or cap cost), then $441 would be pretty good. If they tell me the CV-R can be bought outright for $20,000 then the number quoted is insane. Obviously, if those prices were legit you'd want to buy the 2nd quote and avoid the 1st one.
Right ?
The lease payment is highly dependent on how much of a discount you can negotiate from sticker.
It's just math - with all the numbers, we can tell you exactly what the payment should be. Helps identify junk fees, too.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
If you want an easy deal, just pay the first dealer's asking price.
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Good on you to walk. The lease deals on the CR-V can only get better. Be patient.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
See the post above yours - EX-L FWD just leased for $394/mo. You tell me if your $441/mo quote is good by comparison.
Right ?
-------
Both numbers above are overpriced. 440 with 2 grands down for EX-L -even with navigation- is way over priced! I got EX-L, with Nav, All wheel drive for less than $400 per month, ZERO down payment, no hidden fees on signing (just first month + DMV fees + document fees of $210ish).
According to many people, mine is a solid deal, however, need to confess that I spent over a week moving between dealers and negotiate!
Right ?
-------
Both numbers above are overpriced. 440 with 2 grands down for EX-L -even with navigation- is way over priced! I got EX-L, with Nav, All wheel drive for less than $400 per month, ZERO down payment, no hidden fees on signing (just first month + DMV fees + document fees of $210ish).
According to many people, mine is a solid deal, however, need to confess that I spent over a week moving between dealers and negotiate!
That's the trick - get the dealers to compete against themselves to get you the best price, and therefore, the best payment.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Somewhat longer answer - popular vehicles will always cost more to buy or lease. My guess is that when all the type on the new CR-V dies down - whenever that is - the MF will drop, as well.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Yeah, good question. But I think a lot of Americans have some extra cash to blow and don't really care about an extra $120/month (or more) on a lease payment. Honda doesn't care either... That is, of course until all the loans start going belly up since the auto industry is all in again on subprime.
It's usually the prime crowd that want a deal and will go elsewhere. Not sure what to make here.
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No incentives on the CR-V
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Can I get the residual value and MF for CRV LX and EX AWD, for 24 months in St. Louis, MO?
Thanks for your time
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Can I get the MF and residual for 2017 CRV EX-L AWD, 36/12K, in Philadelphia? Also, I don't hear much talk of the Touring trim...not worth the extra cash? Any difference between MF and residual at that trim level?
Also, last question...does your credit rating affect the MF in any way? Sorry for all the questions, I am very new to this (have been living in Europe, biking for the past 5 years!)
Thank you in advance!
Touring residual is 3% lower.
.00200 is for top tier credit. As your credit score goes down, that rate will go up.
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Thanks in advance for the help
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Monthly payment $326.59 (36 months and 12,000 miles a year)
Down payment is $2000 and a $500 college graduation bonus
MSRP is $29,035
Selling price is $26,987
MF is .00200
Residual is $18,292
Thank you for your time.
Your quote is in the ballpark - my guess is that some of the $2000 down is being used to lower the selling price
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Are you suggesting you put up $15K (or whatever) as cap cost reduction to have a tiny payment, that is subject to interest? I can see why the dealer has no interest in doing that, but I don't think it can't be done.
Just not a good idea - if the car is stolen or totaled, you are out that up front money.
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4