With an MSRP of $38,000, a net cap cost of $33,674, along with the .00066 MF and 55% residual for 36/12, I get a pre-tax payment of $390.85/mo. Not sure what the tax rate is where you live, but it would have to be awful high to take the payment to $449/mo.
If the accessories and maintenance are not part of the $33K cap number, then the pre-tax payment would increase about $25/mo - ($442 + $463) / 36
It's ultimately your decision whether or not to make a cap reduction.
Oh, Georgia ... the 6.75% tax is applied to the entire purchase price, which substantially increases your payment. $449 is about right, given that fact.
Hi. I am in CA and am looking to lease the 2015 Honda Odyssey for 36 mo. Can you please provide the MF and RV (do they have 10k/year leases - if not then 12k). Also, any cash incentives out this month? Please provide for LX and EX models Appreciate your help.
Hi. I am in CA and am looking to lease the 2015 Honda Odyssey for 36 mo. Can you please provide the MF and RV (do they have 10k/year leases - if not then 12k). Also, any cash incentives out this month? Please provide for LX and EX models Appreciate your help.
.00066 MF and 57% residual for either model for 36mo, 12K/yr.
I need an advice about this quote . I live in AR , this is from a dealer in TN
Odyssey EX-L with RES with zero down payment
True Price with Documentation and Destination Fee- $35,480 Taxes and Tags $2,706.28 Out the Door Price $37,186.28
Residual % of MSRP- 55% Residual Amount- $21,040.25 at end of lease Money Factor- .00056 for 0/0/0 lease
Payment on 36 mo. @ 12,000 miles a year are $474 a month
Is this a good deal ?
MSRP is $38,255, right?
My calculations come within a few dollars of that, assuming the CAP cost is the same as the OTD price of $37,186.
Since you are buying out of state, are you certain that they've calculated the tax correctly? Do you pay tax on the full selling price for a lease in AR, or does AR tax the monthly payment?
I Leased the Honda Odyssey EX-L (No RES, No NAV, 12K Miles, 36 Month) this weekend from Tempe Honda for $355.96 with $1000 Down Payment Including Tax Tittle License. This was at least $1000 less than the best offer i got from other dealers.
My trick- Work with email only and let them compete with each other.. No Phones or direct showroom visits.
Went to near by showroom got the test drive. Then created a new email. Sent interest requesting quotes to all the dealers in the city (9 in my case) Never give your phone number or actual email. After getting the best quote send it back to all the dealers again with the best quote asking them if they beat it i will buy within a few days. Do this couple of times (May take you a week) and you will end up with 1 or 2 dealers with the best deal. Call them and tell them you are ready to buy if they can do any better.
I bet this might take a week but will save to 1000s of dollars.
After buying the minivan I emailed my final price to all the dealers and none of them believe that i got it for that price.
I Leased the Honda Odyssey EX-L (No RES, No NAV, 12K Miles, 36 Month) this weekend from Tempe Honda for $355.96 with $1000 Down Payment Including Tax Tittle License. This was at least $1000 less than the best offer i got from other dealers.
My trick- Work with email only and let them compete with each other.. No Phones or direct showroom visits.
Went to near by showroom got the test drive. Then created a new email. Sent interest requesting quotes to all the dealers in the city (9 in my case) Never give your phone number or actual email. After getting the best quote send it back to all the dealers again with the best quote asking them if they beat it i will buy within a few days. Do this couple of times (May take you a week) and you will end up with 1 or 2 dealers with the best deal. Call them and tell them you are ready to buy if they can do any better.
I bet this might take a week but will save to 1000s of dollars.
After buying the minivan I emailed my final price to all the dealers and none of them believe that i got it for that price.
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Don't negotiate a payment ... negotiate a selling price as if you were buying. You should be able to do better than the advertised deal.
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Don't negotiate a payment ... negotiate a selling price as if you were buying. You should be able to do better than the advertised deal.
not negotiating pmt, but $359 S&D on an EXL probably has a cap cost in the $32k range. trying to find current incentives ($1K dealer cash??), money factor and residuals on 12/36 and 15/36 for Indiana/Illinois.
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Don't negotiate a payment ... negotiate a selling price as if you were buying. You should be able to do better than the advertised deal.
not negotiating pmt, but $359 S&D on an EXL probably has a cap cost in the $32k range. trying to find current incentives ($1K dealer cash??), money factor and residuals on 12/36 and 15/36 for Indiana/Illinois.
Use the "Car Research" tab at the top of the page to see the current Honda incentives. There is no lease cash, which is all we have visibility to.
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Don't negotiate a payment ... negotiate a selling price as if you were buying. You should be able to do better than the advertised deal.
not negotiating pmt, but $359 S&D on an EXL probably has a cap cost in the $32k range. trying to find current incentives ($1K dealer cash??), money factor and residuals on 12/36 and 15/36 for Indiana/Illinois.
Use the "Car Research" tab at the top of the page to see the current Honda incentives. There is no lease cash, which is all we have visibility to.
that is where I found this
Dealer Cash Dealer Cash
Requirements and Restrictions:
Please note that dealer cash is payable to the dealer and not the consumer. Accordingly, dealer cash incentives are taken into consideration when Edmunds determines the True Market Value® of a vehicle, as well as by the dealer when it sets its Edmunds.com Price Promise® offer. These incentives for the dealer are applied independently of any customer incentives the manufacturer may be offering directly to the consumer. Dealer Cash is available towards leasing or retail purchases. Can be combined with Honda Financial Services APR Financing, special Lease offers or Military Appreciation offer.
Dealer Cash Start End $1,000 01/06/2015 03/02/2015
Live in N IN but find it easier to deal in Chicago. A dealer is advertising 2015 EXL $0 down $359/mos + taxes and fees. At first blush sounds good, but that "plus" part??? What are the current #s - mf, residuals, dealer incentives? Also how do accessories figure i - eg hitch, roof rack, etc Thanks!
Don't negotiate a payment ... negotiate a selling price as if you were buying. You should be able to do better than the advertised deal.
not negotiating pmt, but $359 S&D on an EXL probably has a cap cost in the $32k range. trying to find current incentives ($1K dealer cash??), money factor and residuals on 12/36 and 15/36 for Indiana/Illinois.
Use the "Car Research" tab at the top of the page to see the current Honda incentives. There is no lease cash, which is all we have visibility to.
that is where I found this
Dealer Cash Dealer Cash
Requirements and Restrictions:
Please note that dealer cash is payable to the dealer and not the consumer. Accordingly, dealer cash incentives are taken into consideration when Edmunds determines the True Market Value® of a vehicle, as well as by the dealer when it sets its Edmunds.com Price Promise® offer. These incentives for the dealer are applied independently of any customer incentives the manufacturer may be offering directly to the consumer. Dealer Cash is available towards leasing or retail purchases. Can be combined with Honda Financial Services APR Financing, special Lease offers or Military Appreciation offer.
Dealer Cash Start End $1,000 01/06/2015 03/02/2015
That's correct.. $1000 on EX-L and higher trim lines.. $500 on the LX and EX.
Hello, I plan to lease a 2015 odyssey ex-l 36 month either 12,000 or 15,000 miles/ year. I live in albuquerque, New Mexico. Can anyone please help me with the numbers. Would be nice to final lease payments/ month. Thanks in advance!
Hello, I plan to lease a 2015 odyssey ex-l 36 month either 12,000 or 15,000 miles/ year. I live in albuquerque, New Mexico. Can anyone please help me with the numbers. Would be nice to final lease payments/ month. Thanks in advance!
Hello, I plan to lease a 2015 odyssey ex-l 36 month either 12,000 or 15,000 miles/ year. I live in albuquerque, New Mexico. Can anyone please help me with the numbers. Would be nice to final lease payments/ month. Thanks in advance!
Emailed local dealers in socal for 2015 Touring 36/15,0 down. Got a quote of 597/month payment from Sierra Honda. When I plugged in the numbers in the formula in this thread the price should have been 541. Will call dealer to clarify. Any one willing to share their numbers for 2015 Touring for Feb 2015? I need to know what a good quote is. I will post my numbers soon after dealer clarifies why the payment is off.
Socal TE deal: msrp 45840. Sp: 41320: 36/15; 0down; 50% residual: payment with 9 percent tax and all fees 614 per month at credit of 710 above....is this a good deal?
Socal TE deal: msrp 45840. Sp: 41320: 36/15; 0down; 50% residual: payment with 9 percent tax and all fees 614 per month at credit of 710 above....is this a good deal?
Using the base MF of .00066 with the numbers you've supplied, I get a payment of $603/mo with tax.
Ask the dealer what the net cap cost is, and how they arrived at that number from the selling price.
Emailed local dealers in socal for 2015 Touring 36/15,0 down. Got a quote of 597/month payment from Sierra Honda. When I plugged in the numbers in the formula in this thread the price should have been 541. Will call dealer to clarify. Any one willing to share their numbers for 2015 Touring for Feb 2015? I need to know what a good quote is. I will post my numbers soon after dealer clarifies why the payment is off.
What is the MSRP and net cap cost? See the post above for a model payment in SoCal on the Touring.
Decided not to go with this deal as dealer didn't want to answer any more of my questions. Also found a dealer in cerritos with lower sale price so far on TE at 39969; waiting for his quote; will let you know.
Decided not to go with this deal as dealer didn't want to answer any more of my questions. Also found a dealer in cerritos with lower sale price so far on TE at 39969; waiting for his quote; will let you know.
So many Honda dealers in SoCal; glad that you've found one that is more accommodating.
Nearly closed on 2015 odyssey TE last week with sale price 39719; MF .0066; RV 50% (36months;15k); 9% la county tax; payment was 610 per month after all said and done;
Comments
maintenance $442
So what do I do about the cap reduction?
If the accessories and maintenance are not part of the $33K cap number, then the pre-tax payment would increase about $25/mo - ($442 + $463) / 36
It's ultimately your decision whether or not to make a cap reduction.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
However, if you head over to the "Honda Odyssey Prices Paid" discussion, you can see what others are paying.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00066 MF and 57% residual for either model for 36mo, 12K/yr.
No 10K/yr leases from Honda Finance
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Thank you!
.00066 MF and 57% residual
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
All 2015 Odyssey have .00066 MF.. 57% residual for 36mo, 12K/yr applies to the LX, EX or EX-L. Higher trim lines have lower residuals.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Odyssey EX-L with RES with zero down payment
True Price with Documentation and Destination Fee- $35,480
Taxes and Tags $2,706.28
Out the Door Price $37,186.28
Residual % of MSRP- 55%
Residual Amount- $21,040.25 at end of lease
Money Factor- .00056 for 0/0/0 lease
Payment on 36 mo. @ 12,000 miles a year are $474 a month
Is this a good deal ?
MSRP is $38,255, right?
My calculations come within a few dollars of that, assuming the CAP cost is the same as the OTD price of $37,186.
Since you are buying out of state, are you certain that they've calculated the tax correctly? Do you pay tax on the full selling price for a lease in AR, or does AR tax the monthly payment?
Also, this is the $0 due at signing lease, right?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
What is the most current MF and RV for...
1) 2015 Odyssey EX-L Navi
&
2) 2015 Odyssey Touring Elite
both at - 36 months @ 12k miles/year
Also, given the dealer cash and lower MF before 2014 year's end, is it a favorable time (Jan '15) to lease 2015 Odyssey?
Thanks!
Fanman888
.00066 MF and 55% residual (EX-L NAV) or 52% residual (TE). $1000 dealer cash on either model.
It's the same program as last month, except for the $1000 dealer cash has been added.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
My trick- Work with email only and let them compete with each other.. No Phones or direct showroom visits.
Went to near by showroom got the test drive. Then created a new email. Sent interest requesting quotes to all the dealers in the city (9 in my case) Never give your phone number or actual email. After getting the best quote send it back to all the dealers again with the best quote asking them if they beat it i will buy within a few days. Do this couple of times (May take you a week) and you will end up with 1 or 2 dealers with the best deal. Call them and tell them you are ready to buy if they can do any better.
I bet this might take a week but will save to 1000s of dollars.
After buying the minivan I emailed my final price to all the dealers and none of them believe that i got it for that price.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Dealer Cash Dealer Cash
Requirements and Restrictions:
Please note that dealer cash is payable to the dealer and not the consumer. Accordingly, dealer cash incentives are taken into consideration when Edmunds determines the True Market Value® of a vehicle, as well as by the dealer when it sets its Edmunds.com Price Promise® offer. These incentives for the dealer are applied independently of any customer incentives the manufacturer may be offering directly to the consumer. Dealer Cash is available towards leasing or retail purchases. Can be combined with Honda Financial Services APR Financing, special Lease offers or Military Appreciation offer.
Dealer Cash Start End
$1,000 01/06/2015 03/02/2015
That's correct.. $1000 on EX-L and higher trim lines.. $500 on the LX and EX.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
55% residual on EX-L for 36/15. Add 2% for 12K.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Is $1000 'lease cash' or 'dealer cash'? Edmunds Honda incentive page lists it as dealer cash.
55% residual on EX-L for 36/15. Add 2% for 12K. The two terms are interchangeable. Lease cash is a factory to dealer incentive that the deal can pass along, in whole or in part, to the customer.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Ask the dealer what the net cap cost is, and how they arrived at that number from the selling price.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
.00056 MF
57% residual for LX, EX and EX-L
55% residual for EXL NAV or RES
52% residual for Touring models
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
44500 cap cost
3500 for trade in
Final lease payment of 573
This is for a 2015 touring elite.
Good, bad, or just plain ugly?
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
36 months
15k miles
msrp was about 42k
added some dealer options (nitro in the tires?) and va tax to get to 44500
3500 trade in equity applied as cap cost reduction.
Hopefully I got it all!
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige