Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





2014 Honda Odyssey Lease Questions

14567810»

Comments

  • MichaellMichaell ColoradoPosts: 3,584

    @mantis802 said: Could you please give your thoughts…live in Indianapolis, Indiana. Left dealership today with a quote on a 36 month (12k miles/yr) lease for 2014 EX-L RES. MSRP 38,055, sale price 34,958. Quoted lease payment of 478/mo with 0 money down and 1st payment + doc fees due at signing. Any thoughts, does this sound reasonable?

    54% residual and .00055 MF. Does your sale price include the $1500 lease cash?

    With your numbers, I get a pre-tax payment of $430.76.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • mantis802mantis802 Posts: 2

    Yes this includes the lease cash. Thanks for your reply.

  • ssa3ssa3 Posts: 3

    What should be my lease payment. If: MSRP: $38,455 RV: 54% Selling Price: $33,065 Term: 36 Months MF: 00055 Tax Rate: 8%

    I came up with $400.95 ($371.25 + $29.70). Is this correct?

  • MichaellMichaell ColoradoPosts: 3,584

    @ssa3 said: What should be my lease payment. If: MSRP: $38,455 RV: 54% Selling Price: $33,065 Term: 36 Months MF: 00055 Tax Rate: 8%

    I came up with $400.95 ($371.25 + $29.70). Is this correct?

    That matches up with my calculations.

    MODERATOR
    2013 Hyundai Elantra GT / 2010 Mazda CX-7 GT / 2014 MINI Countryman S ALL4
    Need help navigating? michaell@edmunds.com - or send a private message by clicking on my name.
    Share your vehicle reviews

  • ssa3ssa3 Posts: 3

    Thank You!

  • primoinsprimoins Posts: 0

    Honda Odyssey Elite $45,000 MSRP in California.

    $1500 cash back incentive. I think for my lease trade in.

    51% residual

    .00055 MF

    Should I put down payment? What would be a great Cap Cost?

    One dealer wants 1000 down and 560 a month @ 36 months?

    Can I get a better deal? What sort of deal should I be negotiating?

    Thanks for your reply

  • kyfdxkyfdx Posts: 27,906

    @primoins said: Honda Odyssey Elite $45,000 MSRP in California.

    $1500 cash back incentive. I think for my lease trade in.

    51% residual

    .00055 MF

    Should I put down payment? What would be a great Cap Cost?

    One dealer wants 1000 down and 560 a month @ 36 months?

    Can I get a better deal? What sort of deal should I be negotiating?

    Thanks for your reply

    With 51% residual, it's a 36mo, 12K/yr lease, right?

    The $1500 is lease cash from Honda on this model. It has nothing to do with your trade. What you need to know (or negotiate) is the selling price of the vehicle. You wouldn't want to give the dealer MSRP minus that $1500.

    You can check this discussion to see what others are paying:
    http://forums.edmunds.com/discussion/16768/honda/x/2014-honda-odyssey-prices-paid-and-buying-experience#latest

    The $1500 on the Elite is not available on a purchase... though.

    MODERATOR
    Prices Paid, Lease Questions, SUVs

14567810»
Sign In or Register to comment.