IL HONDA CR-V EX-L Lease Payment, Residual Value, Money Factor
Dealership offers 0.00250 money factor and Selling price is $28111 (Excluding Title, Sales Tax)
Does this seems to be good offer?
Residual is 19167
The CR-V is a poor lease (and a poor choice considering the oil-gas issue IMHO).
Honda sets a high MF, low residual, and gives no incentives on leases. They want you to purchase them (and that is a much better financial decision than leasing them).
That being said, it is LITERALLY impossible to evaluate your lease because you don’t state any details about the payment. I’m smart, but I am not a mindreader
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