It's a lease.. so you don't have any real equity per se.
If what you say is true on the part of the dealer.. then you are getting a deal here because at the rate you are burning miles on that CRV... you will have a large mileage penalty when your lease is up.
That said.... keep in mind... when you go to the dealer and they inspect the vehicle before completing the transaction .. you may get surprised as they might revise the offer based on the inspection (including the high miles).
Why would a dealer do this? They get two sales out of the deal.... a new lease to you which restarts the clock, and they can sell the used CRV (which has great resale value, particularly one that new).
If what you say is true on the part of the dealer.. then you are getting a deal here because at the rate you are burning miles on that CRV... you will have a large mileage penalty when your lease is up.
That said.... keep in mind... when you go to the dealer and they inspect the vehicle before completing the transaction .. you may get surprised as they might revise the offer based on the inspection (including the high miles).
Why would a dealer do this? They get two sales out of the deal.... a new lease to you which restarts the clock, and they can sell the used CRV (which has great resale value, particularly one that new).