@Anonymous wrote:
Hi there!
It's my first time leasing and I could use some advice. I've just purchased my full 3B and my FICO Auto8 are all just over 700. I've got some big payments that should post tomorrow and give my score a nice little boost too.
I've never leased before. Honda isn't offering any current specials on the CRV since it's so popular and my dealership recently started using US Bank for leasing as well. Without any Honda incentives, my sales guy says that US Bank has been pulling better deals lately. They shop it to both.
Is there any reason not to go with US Bank? The numbers on the lease return are fixed up front, obviously, but someone tried to tell me I would get a better deal through Honda.
How much should I expect to put down? Does it matter if I put down more or less? I would like to keep the cash I currently have but I do have some to put down.
Thanks.
Have them explain to you fees involved toward the end of the lease or if you want to get out early. Where I work, we use US Bank as an alternative to the captive lender's leasing and US Bank is typically a more costly option at the end of the lease, depending on what you do (i.e. trying to buy it out/trade it in). I think if you just turn it in they have a disposal fee, but that might be it. I would just ask if there is a difference between Honda & US Bank, in that regards.
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