My Take: I’m on a roll here, aren’t I? The next victim would be the Honda CR-V. Excellent compact SUV, probably wouldn’t mind getting one myself. But I don’t think I would be leasing one any time soon. 0.0250 or 6% APR is a bit too high for my tastes. Surely the high residual value helps offset the high money factor, but I think the moons and the stars have not aligned properly to make this a “must lease” this month. The only good news about the CR-V is that invoice pricing (or below) should be attainable in most areas with decent competition. There is $500 dealer cash available (not much in the grand scheme of things) and purchase financing options are around 5.99% for 60 months, which is crap in all honesty. If you buy, pay cash. Otherwise maybe lease for 24/36 months if you REALLY have to. Personally, I would wait to see what the month June brings.
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2009 Honda CR-V
2009 Honda CR-V 4WD EX
24-month | 15k miles | residual 67% | .00250 base money factor
36-month | 15k miles | residual 59% | .00250 base money factor
48-month | 15k miles | residual 50% | .00305 base money factor
60-month | 15k miles | residual 40% | .00310 base money factor
2009 Honda CR-V 4WD EX-L
24-month | 15k miles | residual 64% | .00250 base money factor
36-month | 15k miles | residual 56% | .00250 base money factor
48-month | 15k miles | residual 47% | .00305 base money factor
60-month | 15k miles | residual 38% | .00310 base money factor
2009 Honda CR-V 4WD EX-L w/ Navigation
24-month | 15k miles | residual 62% | .00250 base money factor
36-month | 15k miles | residual 55% | .00250 base money factor
48-month | 15k miles | residual 46% | .00305 base money factor
60-month | 15k miles | residual 37% | .00310 base money factor
2009 Honda CR-V 4WD LX
24-month | 15k miles | residual 66% | .00250 base money factor
36-month | 15k miles | residual 59% | .00250 base money factor
48-month | 15k miles | residual 50% | .00305 base money factor
60-month | 15k miles | residual 39% | .00310 base money factor