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Honda CR-V Lease

Caveman9455Caveman9455 Member Posts: 11
edited June 2019 in Honda
Can someone help me understand the current Honda leasing special for 2019 Honda CR-V EX AWD? Is this anywhere close to what I should be paying? 2019 CR-V Continuously Variable Transmission AWD EX Featured Special Lease $309 per month for 36 months $2,899 cash due at signing Applies to select new 2019 Honda CR-V. Offer only valid 5/01/2019 through 7/08/2019 $309.00 per month for 36 months. $2,899.00 total due at signing. Disclaimer(s)* Closed end lease for 2019 CR-V Continuously Variable Transmission AWD EX (RW2H5KJW) available from May 1, 2019 through July 8, 2019, to well-qualified lessees approved by Honda Financial Services. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $29,695.00 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like). Actual net capitalized cost $26,966.02. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $11,124.00. Option to purchase at lease end $18,113.95. Must take new retail delivery on vehicle from dealer stock by July 8, 2019. Lessee responsible for maintenance, excessive wear/tear and 15¢/mile over 12,000 miles/year for vehicles with MSRP less than $30,000, and 20¢/mile over 12,000 miles/year for vehicles with MSRP of $30,000 or more. See your Honda dealer for complete details. Includes down payment with no security deposit. Excludes taxes, title and either dealer fees or documentary service fee. For well-qualified lessees. Cannot exceed 12000 miles per year. See State Disclaimer *
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    graphicguygraphicguy Member Posts: 13,665
    edited June 2019
    Not a lease expert, but to me it reads....

    $309/ mo (plus local taxes, license fees), $2,900 down for a 36 month lease with 12,000 miles/year on a 2019 CRV AWD EX.

    Ask the dealer what the purchase price is for the CRV, also ask what the money factor is.
    2023 Honda Accord Hybrid Touring
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    MichaellMichaell Moderator Posts: 241,337
    Caveman9455 said:

    Can someone help me understand the current Honda leasing special for 2019 Honda CR-V EX AWD? Is this anywhere close to what I should be paying?

    2019 CR-V Continuously Variable Transmission AWD EX Featured Special Lease
    $309 per month for 36 months
    $2,899 cash due at signing
    Applies to select new 2019 Honda CR-V.
    Offer only valid 5/01/2019 through 7/08/2019
    $309.00 per month for 36 months. $2,899.00 total due at signing.

    Disclaimer(s)*
    Closed end lease for 2019 CR-V Continuously Variable Transmission AWD EX (RW2H5KJW) available from May 1, 2019 through July 8, 2019, to well-qualified lessees approved by Honda Financial Services. Not all lessees will qualify. Higher lease rates apply for lessees with lower credit ratings. MSRP $29,695.00 (includes destination, excludes tax, license, title, registration, documentation fees, options, insurance and the like). Actual net capitalized cost $26,966.02. Net capitalized cost includes $595 acquisition fee. Dealer contribution may vary and could affect actual lease payment. Total monthly payments $11,124.00. Option to purchase at lease end $18,113.95. Must take new retail delivery on vehicle from dealer stock by July 8, 2019. Lessee responsible for maintenance, excessive wear/tear and 15¢/mile over 12,000 miles/year for vehicles with MSRP less than $30,000, and 20¢/mile over 12,000 miles/year for vehicles with MSRP of $30,000 or more. See your Honda dealer for complete details. Includes down payment with no security deposit. Excludes taxes, title and either dealer fees or documentary service fee. For well-qualified lessees.

    Cannot exceed 12000 miles per year.
    See State Disclaimer *

    If you amortize the $2899 over the 36 months,your true payment is closer to $390/mo.

    I'd say you can do better than that. If you check the main CR-V lease thread, you can see what others have negotiated.

    Dealer contribution may vary and could affect actual lease payment. - this is the discount from sticker

    And, that does not include any taxes or government fees.

    What ZIP code is this for?

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    Caveman9455Caveman9455 Member Posts: 11
    Zip code is 28202. Couldn’t find a thread with someone’s actual lease sheet or payment for the 2019 CRV EX AWD. The sticker price is discounted to $27913 before any negotiations. What should be my target lease price with zero down?
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    MichaellMichaell Moderator Posts: 241,337
    Caveman9455 said:

    Zip code is 28202. Couldn’t find a thread with someone’s actual lease sheet or payment for the 2019 CRV EX AWD. The sticker price is discounted to $27913 before any negotiations. What should be my target lease price with zero down?

    We don't track pricing - use this link to help:
    https://www.edmunds.com/tmv.html

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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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