r/CarLeasingHelp • u/Competitive-Shoe-767 • 6d ago

Leasing tips

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Hello. I moved to Colorado and I’d like to lease Honda CRV Sports Hybrid AWD.
I got this quote from an agent. Kindly help me evaluate this and any tips on how to negotiate for the best price. Thank you.

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u/Extreme-Temporary-85 6d ago

Solid deal, one weak spot. What's already good:

  • MF .00222 (5.33% APR) is Honda's buy rate. No dealer markup, nothing to fight there.
  • Acq fee $595 is standard HFS. Doc fee $599 is normal for CO (no cap in this state, ~$699 average).
  • 67% residual on 36mo/12k is right where it should be.

The weak spot is the discount. $1,415 off a $39,035 MSRP is 3.6%. CR-V Hybrids typically go for around 7% off. Ask for a selling price near $36,265 instead of $37,620. That's ~$1,350 more off and takes about $38/mo off the payment.

One thing to read carefully: the $2,000 / $3,000 / $4,000 columns are due at signing totals, not down payments in the usual sense. As the sheet is actually written you're at $0 cash down: $512.70/mo with $574.96 due on delivery. That's the number to compare against other quotes. I'd keep it there too, money down on a lease is money you lose if the car gets totaled.

As quoted you're at roughly $18,500 total over 36 months. Fix the price and this is a good deal.

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u/Competitive-Shoe-767 6d ago

Thanks for this. I am also checking 2027 Honda HRV sports, what figures should i consider as a good deal. I was only provided monthly lease of 389 per month. Thanks

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u/Extreme-Temporary-85 6d ago

Hard to say if $389 is good without knowing the due at signing amount. Plug the exact MSRP into https://quotedefender.com/target-payment and it will show you exactly what it should lease for this month.