Deal Check: Honda 2020 CRV EX-L AWD (Down To The Wire!) vs. Mazda

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1

Hi all -

It’s down to the wire. I need to understand if this deal makes the most economic sense. Any thoughts? Our preferred SUV is Honda CRV below. However, based on economics, we are also open to Mazda. I added the LH calculator for Mazda below too. Your feedback would be super helpful!

Region: Northeast - NY/NJ
MSRP: 32,770.00
Selling Price 31,522

Monthly Payment w/ Tax: $359
Drive-Off $2,530
Down-Payment: $0
Upfront Fees: $920
Upfront FTaxes: $1251

Months: 36
12,000 Miles
Residual 63%
Money Factor: 0.00137
Taxed Incentives: 500.00

Acquisition Fee: $595
Dealer Fees: $75
Government Fees: $250

My alternative is a Mazda here

Mazda (CX-5 Touring Premium)
MSRP: $31,365.00
Selling PRice: $30,422.00
36 months, 12K Miles
Money Factor: 0.00012
Monthly: $329
Drive Off $2,762

2

Both deals look pretty terrible.

3

Thanks Jon. Why? Can you share more?

4

Discounts look really low.

5

I looked at Honda and Mazda for HRV vs CX30 before deciding on the CX30. You can get better deals out there with less money down. If you are interested in Mazda check with @AutoNinjas. August deals are done but September will be out soon.

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6

Don’t take either deal

Take a deep breath and look at some broker deals in your region on both vehicles.

See what’s possible.

Both of these deals are not good by $1500-2000

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