2016 Honda Odyssey Lease Questions

lag777

Any July lease numbers for the Odyssey SE, Massachusetts, either 24 or 36 months and 12k mi per yr?

kyfdx

lag777 said:

Any July lease numbers for the Odyssey SE, Massachusetts, either 24 or 36 months and 12k mi per yr?

Current program runs through July 5th.

.00041 MF and 62%/56% residual. $1250 lease cash

ezew

Just closed a deal for a 2016 EX-L w/ RES in CA:

MSRP: $38,550
Price: $32,989
Drive Off: $1,446 (fees, acquisition and first month)
Monthly: $393.68 w/ CA tax.

I kept getting $392.59 on my end but I couldn't tell where the extra $1 was coming from while on the spot, so I just went with it as it was a trivial amount.

They originally rolled in the $595 acq fee which made the adjusted price to $33,584 leading to a $410.87 monthly, matching exactly what I was calculating. But I chose to pay the acq fee up front and the $393 was what they recalculated.

Anyways, not sure if it's just sleazy Honda dealers (this one tried to switch to .0016 MF on the last second) but I felt like the entire experience was horrible. First dealer said they had the color we wanted in stock but clearly didn't when we arrived.

Do they ever throw in the security system? The finance guy was selling hard on it, I'm assuming it was because they had to uninstall it since it's already installed on all the cars.

I also bought the wear and tear making package (which I had to ask for) the total payment to $412.xx

Appreciate any input. TIA

paperboyccc

ezew said:

Just closed a deal for a 2016 EX-L w/ RES in CA:

MSRP: $38,550
Price: $32,989
Drive Off: $1,446 (fees, acquisition and first month)
Monthly: $393.68 w/ CA tax.

I kept getting $392.59 on my end but I couldn't tell where the extra $1 was coming from while on the spot, so I just went with it as it was a trivial amount.

They originally rolled in the $595 acq fee which made the adjusted price to $33,584 leading to a $410.87 monthly, matching exactly what I was calculating. But I chose to pay the acq fee up front and the $393 was what they recalculated.

Anyways, not sure if it's just sleazy Honda dealers (this one tried to switch to .0016 MF on the last second) but I felt like the entire experience was horrible. First dealer said they had the color we wanted in stock but clearly didn't when we arrived.

Do they ever throw in the security system? The finance guy was selling hard on it, I'm assuming it was because they had to uninstall it since it's already installed on all the cars.

I also bought the wear and tear making package (which I had to ask for) the total payment to $412.xx

Appreciate any input. TIA

Total lease cost: $392.59 x 35 + 1446 = $15,224.80

I was offered a no haggle Costco deal of $425.51/mo including tax on a sign-n-drive lease = $14,892.85 with a selling price of $33,160

On a sign-n-drive lease the lease pays the first month's payment and the money factor goes down to 0.00031 (from 0.00041) so that's why my quote was $331.95 lower despite a selling price that is $171 higher.

Either way, $331.95 isn't a significant amount of money so I wouldn't sweat it. I didn't actually lease the odyssey and got a Sienna instead as it came with NAVI and RES for a lower price.

lag777

kyfdx said:

lag777 said:

Any July lease numbers for the Odyssey SE, Massachusetts, either 24 or 36 months and 12k mi per yr?

Current program runs through July 5th.

.00041 MF and 62%/56% residual. $1250 lease cash

Here is the deal I am considering. I have a current lease that I will be turning in to Toyota that has 2 months left on it.

Odyssey SE $329/mo, 36/12, zero out of pocket at signing (all fees, taxes, up fronts and first mo pmt rolled in), and paying off $690 of my current lease (which I will return to Toyota on my own). They're also throwing in rubber floor mats, cargo bin, cargo cover, wheel locks and 2 years scheduled maintenance.

The only caveat: They do not have the color I want, and are unwilling to locate it. Presumably because they want to sell what they have on their lot but they said it's because it's a hard color to locate (white) and other dealers don't want to part with it (to be fair there aren't many white SEs around this area). So I would have to settle for my second choice color (grey).

I've contacted several dealerships with a white SE around me (only 3-4 have it), and have not been able to secure a quote that low. They have basically said they will not be able to match it, not within $30 of it.

My question is: I've been told new lease numbers come out 7/6. One dealer (who would not match price) said while the incentives may stay the same, the residuals will lessen which could increase my monthly payment. I'm somewhat afraid to walk away from the $329 deal if it is truly that aggressive, even at a color choice that I'm not as excited about. But I also am tempted to roll the dice and see if the new numbers could make it possible for another dealer to match that quote on a white one. Any advice?

kyfdx

lag777 said:

kyfdx said:

lag777 said:

Any July lease numbers for the Odyssey SE, Massachusetts, either 24 or 36 months and 12k mi per yr?

Current program runs through July 5th.

.00041 MF and 62%/56% residual. $1250 lease cash

Here is the deal I am considering. I have a current lease that I will be turning in to Toyota that has 2 months left on it.

Odyssey SE $329/mo, 36/12, zero out of pocket at signing (all fees, taxes, up fronts and first mo pmt rolled in), and paying off $690 of my current lease (which I will return to Toyota on my own). They're also throwing in rubber floor mats, cargo bin, cargo cover, wheel locks and 2 years scheduled maintenance.

The only caveat: They do not have the color I want, and are unwilling to locate it. Presumably because they want to sell what they have on their lot but they said it's because it's a hard color to locate (white) and other dealers don't want to part with it (to be fair there aren't many white SEs around this area). So I would have to settle for my second choice color (grey).

I've contacted several dealerships with a white SE around me (only 3-4 have it), and have not been able to secure a quote that low. They have basically said they will not be able to match it, not within $30 of it.

My question is: I've been told new lease numbers come out 7/6. One dealer (who would not match price) said while the incentives may stay the same, the residuals will lessen which could increase my monthly payment. I'm somewhat afraid to walk away from the $329 deal if it is truly that aggressive, even at a color choice that I'm not as excited about. But I also am tempted to roll the dice and see if the new numbers could make it possible for another dealer to match that quote on a white one. Any advice?

The dealer may or may not be correct. But, with residuals unchanged for the last two months, he may well be correct. Usually, incentives change to keep the monthly payment about the same, but if inventory gets very low, they may not keep doing that.

If you are set on a white SE, then you may have to pay more to get it. Of course, if you wait, you have $690 more money to play with at the end of August.

luvn2oxfrd

lag777 said:

Odyssey SE $329/mo, 36/12, zero out of pocket at signing (all fees, taxes, up fronts and first mo pmt rolled in), and paying off $690 of my current lease (which I will return to Toyota on my own). They're also throwing in rubber floor mats, cargo bin, cargo cover, wheel locks and 2 years scheduled maintenance.

where are you located...this is the deal i want! i can't get anyone in the northeast to come anywhere close!

mrjaydee

Now that the July 4th weekend sales are over, can you give me the MF and residual on an Odyssey EX-L in Bergen County New Jersey (north Jersey) and give me an idea of how long these rates typically last?

Michaell

mrjaydee said:

Now that the July 4th weekend sales are over, can you give me the MF and residual on an Odyssey EX-L in Bergen County New Jersey (north Jersey) and give me an idea of how long these rates typically last?

.00036 and 53% for 36 months, 15,000 miles. $1250 lease cash

The current Honda numbers are valid until September 6

luvn2oxfrd

what about for 12,000 miles?

Michaell

luvn2oxfrd said:

what about for 12,000 miles?

Add 2% to the residual. 

mrjaydee

If it is for 12k is the residual 1% or 2% higher?

kyfdx

mrjaydee said:

If it is for 12k is the residual 1% or 2% higher?

On a 36 month lease, 12K/yr is 2% higher than 15K/yr

blitz7619

Hi, I am looking to lease a 2016 Odyssey EX-L. No NAV or RES ..the quote I am getting is for $387 inclusive of taxes, tags and acquisition fee. Residual of $20622 and MF 0.00041. Invoice at 32896. Can you please give me your thoughts on this. This is my first time leasing. Also who was dealer you went with. Appreciate your feedback.

Michaell

blitz7619 said:

Hi, I am looking to lease a 2016 Odyssey EX-L. No NAV or RES ..the quote I am getting is for $387 inclusive of taxes, tags and acquisition fee. Residual of $20622 and MF 0.00041. Invoice at 32896. Can you please give me your thoughts on this. This is my first time leasing. Also who was dealer you went with. Appreciate your feedback.

What is the MSRP?

What lease term and how many miles per year?

What state and tax rate is this?

.00041 is the correct MF for the Odyssey this month.

deo2016

In the market for a 2016 EXL lease now.

• Does 36/10k term exist? Negotiable? Higher residual %?
  
• What is the MF and residue% for a 36/12k lease? Any difference than 56% & 0.00041?
  
• If the car has factory installed accessories, will the MSRP be higher and thus higher residue $?
  

Thank you very much.

kyfdx

deo2016 said:

In the market for a 2016 EXL lease now.

• Does 36/10k term exist? Negotiable? Higher residual %?
  
• What is the MF and residue% for a 36/12k lease? Any difference than 56% & 0.00041?
  
• If the car has factory installed accessories, will the MSRP be higher and thus higher residue $?
  

Thank you very much.

.00036 MF and 55% residual. $1250 lease cash

There is no 10K/yr program

What do you mean by "factory installed"? If it's not on the window sticker, then it likely won't be residualized.
On the website, you might see a lot of things under "Accessories", but those are almost always dealer installed, and not included in the MSRP.

To get a low lease price, avoid accessories

deo2016

kyfdx said:

.00036 MF and 55% residual. $1250 lease cash

There is no 10K/yr program

What do you mean by "factory installed"? If it's not on the window sticker, then it likely won't be residualized.
On the website, you might see a lot of things under "Accessories", but those are almost always dealer installed, and not included in the MSRP.

To get a low lease price, avoid accessories

Thank you very much kyfdx! Seem like it is not as good as a month ago. How does the lease cash work?

Yes, they are mud guard, roof rail...seem like dealer installed. I will avoid them.

jpniner

Can someone post the current Residuals on the EXL w/Nav or w/Res and the Touring?

I have an offer on the table to lease a 2016 EXL (all thru text message, was great):
31,300 sell price
595 acquisition fee
209 tax/reg
1042 sales tax
699 doc
Residual of 20692

Comes to around $369/mo sign and drive

I'm wondering if I might could get the same % discount on the higher end model and if it has a higher residual would come to a similar monthly payment?


Also, any guesses on what a 2017 EXL Lease will look like when they hit in Sept?

Michaell

JPNINER said:

Can someone post the current Residuals on the EXL w/Nav or w/Res and the Touring?

I have an offer on the table to lease a 2016 EXL (all thru text message, was great):
31,300 sell price
595 acquisition fee
209 tax/reg
1042 sales tax
699 doc
Residual of 20692

Comes to around $369/mo sign and drive

I'm wondering if I might could get the same % discount on the higher end model and if it has a higher residual would come to a similar monthly payment?

Also, any guesses on what a 2017 EXL Lease will look like when they hit in Sept?

What lease term and how many miles per year is this quote for?

No clue on what 2017 lease numbers will look like - if there is a lot of 2016 inventory still available, I imagine Honda will want to push those and, therefore, make the 2017 leases less attractive at first.

jpniner

Michaell said:

JPNINER said:

Can someone post the current Residuals on the EXL w/Nav or w/Res and the Touring?

I have an offer on the table to lease a 2016 EXL (all thru text message, was great):
31,300 sell price
595 acquisition fee
209 tax/reg
1042 sales tax
699 doc
Residual of 20692

Comes to around $369/mo sign and drive

I'm wondering if I might could get the same % discount on the higher end model and if it has a higher residual would come to a similar monthly payment?

Also, any guesses on what a 2017 EXL Lease will look like when they hit in Sept?

What lease term and how many miles per year is this quote for?

No clue on what 2017 lease numbers will look like - if there is a lot of 2016 inventory still available, I imagine Honda will want to push those and, therefore, make the 2017 leases less attractive at first.

12kmiles, 35 months, first month payment due at signing.

Michaell

JPNINER said:

Michaell said:

JPNINER said:

Can someone post the current Residuals on the EXL w/Nav or w/Res and the Touring?

I have an offer on the table to lease a 2016 EXL (all thru text message, was great):
31,300 sell price
595 acquisition fee
209 tax/reg
1042 sales tax
699 doc
Residual of 20692

Comes to around $369/mo sign and drive

I'm wondering if I might could get the same % discount on the higher end model and if it has a higher residual would come to a similar monthly payment?

Also, any guesses on what a 2017 EXL Lease will look like when they hit in Sept?

What lease term and how many miles per year is this quote for?

No clue on what 2017 lease numbers will look like - if there is a lot of 2016 inventory still available, I imagine Honda will want to push those and, therefore, make the 2017 leases less attractive at first.

12kmiles, 35 months, first month payment due at signing.

53% for EX-L w/ NAV or w/ RES and .00036 MF

If I add all the taxes and fees to the selling price, and assume the MSRP is $39,042, I get a payment of $385/mo.

Your quote looks pretty solid by comparison.

BTW, Touring residuals are lower - 50% for 36/12. Coupled with a higher MSRP, that will result in a much higher payment.

jpniner

Michaell said:

JPNINER said:

Michaell said:

JPNINER said:

Can someone post the current

53% for EX-L w/ NAV or w/ RES and .00036 MF

If I add all the taxes and fees to the selling price, and assume the MSRP is $39,042, I get a payment of $385/mo.

Your quote looks pretty solid by comparison.

BTW, Touring residuals are lower - 50% for 36/12. Coupled with a higher MSRP, that will result in a much higher payment.

thank you - last question is the Residual on the Special Edition?

This is in NC, basically we bought a Pathfinder with one kid 2 years ago but now have 2 and need the minivan. I'm trying to sell the Pathfinder and take the equity to basically pay for 3yrs worth of an Odyssey lease.

kyfdx

deo2016 said:

kyfdx said:

.00036 MF and 55% residual. $1250 lease cash

There is no 10K/yr program

What do you mean by "factory installed"? If it's not on the window sticker, then it likely won't be residualized.
On the website, you might see a lot of things under "Accessories", but those are almost always dealer installed, and not included in the MSRP.

To get a low lease price, avoid accessories

Thank you very much kyfdx! Seem like it is not as good as a month ago. How does the lease cash work?

Yes, they are mud guard, roof rail...seem like dealer installed. I will avoid them.

Lease cash is a dealer incentive. Use your knowledge of the incentive to negotiate a low selling price.

burtmtn

Looking to lease a 2016 Honda Odyssey for a 36/12 in North Carolina. Received the following quotes:
LX: 25,545 Cap, 16665 Residual, 3294 Down (including taxes), $269 a month
EX: 28,870 Cap, 18397 Residual, 3294 Down (including taxes), $317 a month
SE: 29,730 Cap, 19497 Residual, 3294 Down (including taxes), $311 a month

We would love more features; which deal is the strongest?

jpniner

burtmtn said:

Looking to lease a 2016 Honda Odyssey for a 36/12 in North Carolina. Received the following quotes:
LX: 25,545 Cap, 16665 Residual, 3294 Down (including taxes), $269 a month
EX: 28,870 Cap, 18397 Residual, 3294 Down (including taxes), $317 a month
SE: 29,730 Cap, 19497 Residual, 3294 Down (including taxes), $311 a month

We would love more features; which deal is the strongest?

The down payment sounds high to me, the numbers I quoted above are in Charlotte market on EX-L lease with nothing but first month down

burtmtn

JPNINER, I just saw you deal on this thread. That looks solid. Who did you work with in Charlotte? I'd drive down there to save that sort of cash.

jpniner

burtmtn said:

JPNINER, I just saw you deal on this thread. That looks solid. Who did you work with in Charlotte? I'd drive down there to save that sort of cash.

Are you still interested, will give you the phone number if still in market. Will check back

jpniner

Whats the NC Residuals and Lease Cash on the SE and EX-L right now?

Michaell

JPNINER said:

Whats the NC Residuals and Lease Cash on the SE and EX-L right now?

What lease term and how many miles per year?

MF is the same for all Odysseys - .00036

jpniner

Michaell said:

JPNINER said:

Whats the NC Residuals and Lease Cash on the SE and EX-L right now?

What lease term and how many miles per year?

MF is the same for all Odysseys - .00036

36/12 though I probably need 36/15

kyfdx

JPNINER said:

Michaell said:

JPNINER said:

Whats the NC Residuals and Lease Cash on the SE and EX-L right now?

What lease term and how many miles per year?

MF is the same for all Odysseys - .00036

36/12 though I probably need 36/15

55%/53% residual for 36/12K/15K. either model.

$1000 lease cash

jpniner

The "lease cash" is an incentive to the dealer which they aren't letting buyers know right?

Michaell

JPNINER said:

The "lease cash" is an incentive to the dealer which they aren't letting buyers know right?

The dealer is under no obligation to pass along the lease cash to the customer.

However, most dealers are willing to share that money - use the knowledge to make your best deal.

coriinflorida

@Michaell would love your help. We have got a quote for an Odyssey 2016 EX-L, no navigation, 36 months, 12,000 miles/year. No money down. With a lease payment of $399/month and that's inclusive of taxes and fees. We just pay the tags in Florida. So. After reading your forum today, it now says that we went about it backwards and need to find out what the actual MSRP is. Can you please help us? Why do we need to do that? Is this still a good deal? We went to other dealers, and everyone said if you can get that, take it. So we thought it was a good deal. Now I'm panicking. Trying to do this for tomorrow.

jpniner

coriinflorida said:

@Michaell would love your help. We have got a quote for an Odyssey 2016 EX-L, no navigation, 36 months, 12,000 miles/year. No money down. With a lease payment of $399/month and that's inclusive of taxes and fees. We just pay the tags in Florida. So. After reading your forum today, it now says that we went about it backwards and need to find out what the actual MSRP is. Can you please help us? Why do we need to do that? Is this still a good deal? We went to other dealers, and everyone said if you can get that, take it. So we thought it was a good deal. Now I'm panicking. Trying to do this for tomorrow.

In NC I had an offer for same car at $369/mo sign and drive, I didn't act at end of last month and now he is trying to tell me its $390/mo but I think I just need to wait until EOM again.

I think its all about the dealer on this, I sent this quote to another closer to me and they would not match and are nowhere near.

coriinflorida

For sure. Dealer said 399/mo. When we got there, said no and added first month. We walked out and left. Called another dealer. They matched the $399. Done deal. Don't let them push you around.

JPNINER said:

coriinflorida said:

@Michaell would love your help. We have got a quote for an Odyssey 2016 EX-L, no navigation, 36 months, 12,000 miles/year. No money down. With a lease payment of $399/month and that's inclusive of taxes and fees. We just pay the tags in Florida. So. After reading your forum today, it now says that we went about it backwards and need to find out what the actual MSRP is. Can you please help us? Why do we need to do that? Is this still a good deal? We went to other dealers, and everyone said if you can get that, take it. So we thought it was a good deal. Now I'm panicking. Trying to do this for tomorrow.

In NC I had an offer for same car at $369/mo sign and drive, I didn't act at end of last month and now he is trying to tell me its $390/mo but I think I just need to wait until EOM again.

I think its all about the dealer on this, I sent this quote to another closer to me and they would not match and are nowhere near.

For sure. Dealer said 399/mo. When we got there, said no and added first month. We walked out and left. Called another dealer. They matched the $399. Done deal. Don't let them push you around.

Michaell

coriinflorida said:

For sure. Dealer said 399/mo. When we got there, said no and added first month. We walked out and left. Called another dealer. They matched the $399. Done deal. Don't let them push you around.

JPNINER said:

coriinflorida said:

@Michaell would love your help. We have got a quote for an Odyssey 2016 EX-L, no navigation, 36 months, 12,000 miles/year. No money down. With a lease payment of $399/month and that's inclusive of taxes and fees. We just pay the tags in Florida. So. After reading your forum today, it now says that we went about it backwards and need to find out what the actual MSRP is. Can you please help us? Why do we need to do that? Is this still a good deal? We went to other dealers, and everyone said if you can get that, take it. So we thought it was a good deal. Now I'm panicking. Trying to do this for tomorrow.

In NC I had an offer for same car at $369/mo sign and drive, I didn't act at end of last month and now he is trying to tell me its $390/mo but I think I just need to wait until EOM again.

I think its all about the dealer on this, I sent this quote to another closer to me and they would not match and are nowhere near.

For sure. Dealer said 399/mo. When we got there, said no and added first month. We walked out and left. Called another dealer. They matched the $399. Done deal. Don't let them push you around.

You don't want to go shoot the monthly payment, you want to negotiate the selling price. That will get you your lowest lease payment.

kashifs

I finally decided to get Honda Odyssey 2016 EX-L today. (Massachusetts)
Deal I got is for 15K/36 months
$0 Down
Paid $1480.67 for first installment, tax, title, registration, acquisition & doc fee.

MSRP: $36950
Sale Price: $30500
MF: 0.00036
Residual: 53%
Installment: $343 per month including tax

Michaell

kashifs said:

I finally decided to get Honda Odyssey 2016 EX-L today. (Massachusetts)
Deal I got is for 15K/36 months
$0 Down
Paid $1480.67 for first installment, tax, title, registration, acquisition & doc fee.

MSRP: $36950
Sale Price: $30500
MF: 0.00036
Residual: 53%
Installment: $343 per month including tax

Congrats! Thanks for sharing your deal details with us.

snut100

On the fence right now. Should I lease a 2016 Honda Odyssey Elite Touring? I can buy a 2014 CPO Touring Elite for $32,500. My fear is getting stuck with a car that has issues and the Odyssey is no exception according to my friends. I think I can negotiate the dealer down to $41K for the 2016 car based on True Market Value in my area. If I drive 12K miles a year, what should the lease payments for the 2016 be? The depreciation on the car for 3 years is about $14,000. Never leased before but willing to try it but I don't want to be a sucker. Any help will be appreciated.

Thank you

kyfdx

snut100 said:

On the fence right now. Should I lease a 2016 Honda Odyssey Elite Touring? I can buy a 2014 CPO Touring Elite for $32,500. My fear is getting stuck with a car that has issues and the Odyssey is no exception according to my friends. I think I can negotiate the dealer down to $41K for the 2016 car based on True Market Value in my area. If I drive 12K miles a year, what should the lease payments for the 2016 be? The depreciation on the car for 3 years is about $14,000. Never leased before but willing to try it but I don't want to be a sucker. Any help will be appreciated.

Thank you

What is the MSRP?

snut100

kyfdx said:

snut100 said:

On the fence right now. Should I lease a 2016 Honda Odyssey Elite Touring? I can buy a 2014 CPO Touring Elite for $32,500. My fear is getting stuck with a car that has issues and the Odyssey is no exception according to my friends. I think I can negotiate the dealer down to $41K for the 2016 car based on True Market Value in my area. If I drive 12K miles a year, what should the lease payments for the 2016 be? The depreciation on the car for 3 years is about $14,000. Never leased before but willing to try it but I don't want to be a sucker. Any help will be appreciated.

Thank you

What is the MSRP?

The msrp is 45,775, thx

kyfdx

snut100 said:

kyfdx said:

snut100 said:

On the fence right now. Should I lease a 2016 Honda Odyssey Elite Touring? I can buy a 2014 CPO Touring Elite for $32,500. My fear is getting stuck with a car that has issues and the Odyssey is no exception according to my friends. I think I can negotiate the dealer down to $41K for the 2016 car based on True Market Value in my area. If I drive 12K miles a year, what should the lease payments for the 2016 be? The depreciation on the car for 3 years is about $14,000. Never leased before but willing to try it but I don't want to be a sucker. Any help will be appreciated.

Thank you

What is the MSRP?

The msrp is 45,775, thx

.00036 MF and 50% residual for 36/12. $1250 lease cash

That's $543/mo., if the $595 acquisition fee is added to the sale price of $41K.
The depreciation on the lease is a lot higher than $14K for three years.

snut100

Yep, you are correct. I was going by the TRUE COST to own on this site, that is something completely different. Price of vehicle is $40,597 which is a great price if I was buying.

Residual is 50% at $22,887 and the MF is .000360. Lease cash of $1250 was not mentioned at all.

With $2000 down, the monthly payment is $505, 36 months, 12K miles. Our tax rate is 8%, so the dealer quoted me $546.90.

With $3000 down, the monthly payment is $478, 36 months, 12K miles. With the same tax rate of 8%, the dealer quoted me $517.95.

Such a big difference in payments from the SE and EX. Thank you for your time, I guess leasing is not for me at this time.

kyfdx

snut100 said:

Yep, you are correct. I was going by the TRUE COST to own on this site, that is something completely different. Price of vehicle is $40,597 which is a great price if I was buying.

Residual is 50% at $22,887 and the MF is .000360. Lease cash of $1250 was not mentioned at all.

With $2000 down, the monthly payment is $505, 36 months, 12K miles. Our tax rate is 8%, so the dealer quoted me $546.90.

With $3000 down, the monthly payment is $478, 36 months, 12K miles. With the same tax rate of 8%, the dealer quoted me $517.95.

Such a big difference in payments from the SE and EX. Thank you for your time, I guess leasing is not for me at this time.

Lease cash is a Honda-to-dealer incentive. They likely wouldn't disclose that.

jpniner

Can someone please post the August Lease numbers for Odyssey SE and EXL?

Michaell

JPNINER said:

Can someone please post the August Lease numbers for Odyssey SE and EXL?

The current Honda programs are valid until 9/6.

What lease term and how many miles per year are you looking for?

jpniner

36/12, so same as August, potentially in Sept new closeout deals hit?

Michaell

JPNINER said:

36/12, so same as August, potentially in Sept new closeout deals hit?

Yes, August numbers are the same as July.

New numbers after the Labor Day weekend.

55% and .00036

$1000 lease cash on SE; $1250 lease cash on EX-L