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Car Buying Advice - 2017 Honda Odyssey EX-L with RES good lease deal?

cbus123cbus123 Posts: 3
edited April 2017 in Honda
Hi- I'm in Columbus, OH. I just got a quote of $478.51 monthly payment for 36 mos. on 2017 Odyssey. MSRP is $39,040. Selling price/adjusted selling price is $34,666/$35,491. Residual is $20,000. Money factor is .001190.

Is this a good deal? I was thinking it might be a tad high...

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Answers

  • MichaellMichaell ColoradoPosts: 110,061
    cbus123 said:

    Hi- I'm in Columbus, OH. I just got a quote of $478.51 monthly payment for 36 mos. on 2017 Odyssey. MSRP is $39,040. Selling price/adjusted selling price is $34,666/$35,491. Residual is $20,000. Money factor is .001190.

    Is this a good deal? I was thinking it might be a tad high...

    How many miles per year?

    How much is due at signing? What does it cover?

    Residual for 36/15 is 56% - with your prices, I get $447/mo before tax?

    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

    2016 VW Jetta 1.4T SE / 2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4

  • cbus123cbus123 Posts: 3
    Hi- I ended up at a different dealer. I ended up with $389/month all fees and tax included in that payment. They were able to give me $1951 for my current van which lowered the payment to this final number.
  • cbus123cbus123 Posts: 3
    it was 12k/year
  • brucedobrucedo Posts: 7
    Hi, what is a good OTD price for 2017 Touring or Elite, for zip code 91306. Thanks.
  • tray1981tray1981 Posts: 19
    I was quoted 452/mo inc tax for 15000 lease on EXL w rear seat entertainment. Good deal??? 18k would be 474/mo inc tax. Going up to touring would be a large jump 540/mo for 15k. That seems high for the routing. Input? These are with just 1st payment due 
  • kyfdxkyfdx Posts: 119,734
    tray1981 said:

    I was quoted 452/mo inc tax for 15000 lease on EXL w rear seat entertainment. Good deal??? 18k would be 474/mo inc tax. Going up to touring would be a large jump 540/mo for 15k. That seems high for the routing. Input? These are with just 1st payment due 

    What MSRP?
    What term?
    What state/tax rate?
    What selling price?

    Did you get a good deal? Be sure to come back and share!

    Edmunds Moderator

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