My Take: The numbers aren’t looking very good on the Honda CR-V this month, so I’m not going to bother estimating payments, unless it’s requested. The residual is strong, but the MF is Honda’s standard rate, which means no lease support. Can’t blame them, the CR-V is a solid crossover SUV that’s fair efficient with gas and has pretty good cargo space. It’s not bad to look at either. I think the sweet spot (if you can call it that) would be the 36 and 48 months since the residual values drop “only” about 8%.
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2008 Honda CR-V LX 4WD
24 Month – Residual 67% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate
2008 Honda CR-V EX 4WD
24 Month – Residual 68% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate
2008 Honda CR-V EX-L 4WD
24 Month – Residual 63% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate
2008 Honda CR-V EX-L w/Navigation 4WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Ratee
Rates provided by Tarry Shebesta from Leasecompare.com