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Dealer Lease Offer- What's the Catch?

indianheadindianhead Posts: 3
edited May 2015 in Honda
I have just completed year 2 of a 3 year lease on my 2013 Honda Odyssey.

The Honda dealer e-mailed me the following offer:

"Honda Vehicle Exchange Offer"
1- Swap my 2013 Odyssey for a new 2015 model.
2- No money down.
3- Lower monthly payments than currently paying.

How is this possible?

Comments

  • MichaellMichaell ColoradoPosts: 141,095

    I have just completed year 2 of a 3 year lease on my 2013 Honda Odyssey.

    The Honda dealer e-mailed me the following offer:

    "Honda Vehicle Exchange Offer"
    1- Swap my 2013 Odyssey for a new 2015 model.
    2- No money down.
    3- Lower monthly payments than currently paying.

    How is this possible?

    Deep discounts on the 2015 model and a possible over allowance on the trade.

    Without the specific numbers, it's hard to say for sure.

    If you're interested, check it out and let us know what you learn.

    Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!


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    2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • bmwe92m3bmwe92m3 Posts: 13
    they are just luring you to come to dealership.. you will have to go through trade-in etc
  • isellhondasisellhondas Issaquah WashingtonPosts: 20,225
    Pretty simple...your 2013 Odyssey has held it's resale value well and the payment may be lower but the term will be extended to who knows how many months!

    No free lunch!
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