I've been shopping for an EX and received the following quote from a local dealer in the San Fernando Valley:
36 month lease 12k mile per year 0 down $327 per month (includes taxes) $729 drive off (registration, acquisition, 1st month payment) $27,700 sale price (this includes the $1500 manufacturer to dealer cash incentive) residual value is $18,286.80
Having never shopped for a lease before I really don't know how good this deal is. Thoughts?
Galpin Honda. I got the car and actually negotiated the selling price down to $26,900. Other dealers wouldn't match it so I'm confident that I got a good price.
I sure do jmail. Honda Finance's May buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey EX-L with 12,000 miles per year are .00048 and 55% for consumers who qualify for its top aka "Super Preferred" credit tier.
Honda is providing $2,000 dealer cash on the '13 Odyssey EX-L right now. Make sure to take it into account during your negotiations.
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Sure mrthnman. Honda Finance's May buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey Touring with 12,000 miles per year are .00048 and 50% for consumers who qualify for its top aka "Super Preferred" credit tier.
Honda is providing $2,000 dealer cash on the '13 Odyssey EX-L right now. Make sure to take it into account during your negotiations.
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The edmunds website is showing 2500 in incentives available for a lease. Is that right or am I misreading the incentives information? There appear to be 3 programs but one is not combine-able. The other two are for 2500. Thanks!
Hi jmail. Interesting. I had heard that there was $2,000 dealer cash on the 2013 Odyssey. It certainly does look like Edmunds states $2,500. Even better.
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I've got an offer for lease 2013 Odyssey EX-L sales price $30,534 minus $750 cash incentive covering the upfront fee, 1st payment and $139 toward cap cost reduction. the residual is $19,056.15, fees total $210.00 and the excess mileage charge is .20.
0$ out of pocket, 35 payments Payment before tax $355.49 after tax $387.48 Is this good? How do I get them to lower the sales price? They say this is with the $2500 incentive included. I have been doing all research by email. Do I just offer a lower price? How low is reasonable? Could I ask them to throw on roof rack? I forgot to get one in the quote. They say they have 3 of the color i want in stock as well (black). Thanks for any advice!!!
Could you provide the numbers for an EX-L with DVD-RES for 15k miles per year?
Also, in regards to the 2000 dealer cash - Edmunds says that a fair purchase price is $33618 for this car - would you try to get the 2000 dealer cash off this figure?
I leased a 2013 Odyssey EXL with res on 5/15 Smoky Topaz with truffle leather. Central Florida Market and with very good credit.
Purchase price was 32044 - 750 Honda down payment assistance = $31294 12k mile 36 month Lease Payment 375 plus 24 in taxes =$399 payment with a $1000 of my own cash down.
Residual is $19581 Money factor was the .48 number in previous post's
This dealer installs door edge gaurds, pinstripes, splash gaurds, trunk tray, wheel locks, nitrogen in the tires, and window tint on every odyssey in stock which adds $2100 to sticker. I argued that was a little rediculous and sales manager thru them in for free but I feel I could have got a better purchase price if the vehicle was stock. That being said I do like the additions.
I stress this is probably a "good deal" and not great as I do not have the negotiating patience as my father but we had a number in our head we wanted and when we got there we took it.
I have a deal to lease an Odyssey EX, 36 months @ 12K miles per year for $425 down and a monthly payment of $309 which includes PA taxes (about 9%). To increase milage from 12K to 15K per year dealer said monthly payment would increase to $330 a month. Does this sound about right?
Carman, can you give me the money factors and residual values for a 36 month lease of a Odyssey Touring Elite with 10k and 12k miles per year? I've gotten a quote of $550 per month on a 36 month, 12k miles per year Touring Elite which seems high and wanted to run my own numbers and show them.
Scoured the site and didn't see any numbers for the Touring Elite, apologies if I missed them.
Here you go njhonda1978. Honda Finance's May buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey EX-L with 15,000 miles per year are .00048 and 51% for consumers who qualify for its top credit tier.
If I was in the market for this van right now in an area that has a decent level of competition, I would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $2,000 dealer cash.
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Certainly weso. Honda Finance's buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey Touring Elite with 12,000 miles per year are .00048 and 50% for consumers who qualify for its top credit tier.
The residual value for a lease with 10,000 miles per year would be 1% higher.
There's $2,000 dealer cash on this van right now.
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Hi Car Man. I am looking to do a 36 mo/36k lease on a 2013 EX-L-RES with $0 down, taxes (8.625%), tags,title,etc inclusive "sign 'n drive" deal for $400 or less/month. A true sign 'n drive w/ absolutely no money exchanged whatsoever! I have excellent credit. Is this reasonable and if so, what sale price would have to be negotiated in order for these numbers to be achieved? Any help in this matter would be greatly appreciated!
I leased an EX-L (No Res/No Nav) for $362 per month (including tax). 0 down, 36 months lease, 12K per year and first's months payment made by the dealer. Excellent credit, money factor was 0.00048 and 53% residual.
Carman, could you please provide AHFC's May money factor and residual value percentage for 2013 Honda Odyssey EX-L with RES. on a 12k per yr. / 36 month lease. Thanks soooo much.
Hi tcurtin. According to my calculations, $500 over invoice minus incentives gets you to a zero down, pre-tax monthly payment of around $398. That's not even including any fees like acquisition in the cap cost. So in order to get this van for under $400 including tax you're going to have to get the dealer to lease you this van for well under invoice. They probably would have to use some of the Flex Cash certificates in order to do so. So, it might be possible but it would be one heck of a deal.
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Hi ebd4662. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey EX-L with RES and 12,000 miles per year are .00048 and 52% for consumers who qualify for its top aka "Super Preferred" credit tier.
When negotiating your deal, make sure to take advantage of the $2,000 dealer cash that is currently available on this model.
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Hi Car man. Thanks for your response. One more for you: What would the target sale price of the vehicle be in order for resultant monthly payment be $400(all fees inclusive)? For example, you state that it would have to be sold below invoice. What would that invoice price be and /or what would the cost be with flex cash applied? My current lease expires at the end of June and I have already received two offers from dealers who claim to hit my number ($400,$0 down,taxes,TTL inclusive). I just want to make sure this is possible before I set aside a day to close this deal and get served a "bait and switch sandwich" at the dealership. Thank you sir for your help in this matter.
Hi tcurtin. The previous poster that I replied to got this van for right around invoice minus the $2,000 dealer cash and they were at $419, so you'd have to beat that price. You can look up the exact invoice price of the Odyssey that you want in the New Vehicle Pricing section of Edmunds.com.
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Hi Car Man! Can you please give me the money factor and residual value on a 2013 Odyssey EX with 12,000 miles a year for 36 months for June? Thanks so much!
Just leased 2013 Odyssey LX for $1500 down, 230/month, 36 months, 15k/year. Wanted to go simple since my kids are old enough already to open those doors.
Hi pinkandblue. Honda Finance's June buy rate lease money factor and residual value for a 36-month lease of a 2013 Odyssey EX with 12,000 miles per year are .00048 and 56% for consumers who qualify for its top aka "Super Preferred" credit tier.
When negotiating your deal on this van, make sure to take advantage of the $1,500 csh incentive that is currently available on leases of it.
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$485/month (7.75% tax included) for 36 months and 15K miles per year with a total of $1,375 out of pocked. This includes roof rails and body side molding added on. I think I can do a little better as I was looking to only put down first payment and fees for a total of about $800 out of pocket.
I just negotiated EX-L for $349 including taxes, 36 months, 12,000/year miles, $0 down. All i have to pay is first month $349 + $595 bank fee. I wonder if there is going to be a better deal for father's day?
I just negotiated EX-L (no res/no nav) lease for $295 not including taxes ($320 total), 36 months, 12,000/year miles, $0 down. All I have to pay is first month, Doc and DMV. Total out of pocket was $766. Tax rate here is 8.75
thanks for all the great info you post on the forum. Do you happen to have the money factor and residual for Touring and TE models, 12k miles, 36 months? Also - the Edmunds website is showing 2 incentives, one is a $1500 dealer cash incentive for financed deals and the other is $1000 "dealer bonus cash 1" which says it can be combined with other incentives and financing. Am I interpreting correctly that there is $2500 is total dealer incentives available for a Honda Lease deal?
Dear sc_carfolks44 Can you please tell help me with advise to get the same price, where should I go ? The best price I got is 335 before tax I will approtiate your kindly answer a lot!!! Thank you so much Natalie.
Hello drivingmama. If I was in the market for a 2013 Odyssey Touring Elite right now, I personally would shoot for a selling price of around $500 or so over invoice minus the available $2,000 dealer cash.
You can look up this van's invoice price over in the New Vehicle Pricing section of this site.
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36 month lease
12k mile per year
0 down
$327 per month (includes taxes)
$729 drive off (registration, acquisition, 1st month payment)
$27,700 sale price (this includes the $1500 manufacturer to dealer cash incentive)
residual value is $18,286.80
Having never shopped for a lease before I really don't know how good this deal is. Thoughts?
Thanks.
Do you have the May lease figures for the 2013 Odyssey Ex-l (no res, no nav) 36 month 12k miles? Thanks!!!
Honda is providing $2,000 dealer cash on the '13 Odyssey EX-L right now. Make sure to take it into account during your negotiations.
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Honda is providing $2,000 dealer cash on the '13 Odyssey EX-L right now. Make sure to take it into account during your negotiations.
Car_man
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The edmunds website is showing 2500 in incentives available for a lease. Is that right or am I misreading the incentives information? There appear to be 3 programs but one is not combine-able. The other two are for 2500. Thanks!
Car_man
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sales price $30,534 minus $750 cash incentive covering the upfront fee, 1st payment and $139 toward cap cost reduction.
the residual is $19,056.15, fees total $210.00 and the excess mileage charge is .20.
0$ out of pocket, 35 payments
Payment before tax $355.49 after tax $387.48
Is this good? How do I get them to lower the sales price? They say this is with the $2500 incentive included. I have been doing all research by email. Do I just offer a lower price? How low is reasonable? Could I ask them to throw on roof rack? I forgot to get one in the quote. They say they have 3 of the color i want in stock as well (black). Thanks for any advice!!!
Could you provide the numbers for an EX-L with DVD-RES for 15k miles per year?
Also, in regards to the 2000 dealer cash - Edmunds says that a fair purchase price is $33618 for this car - would you try to get the 2000 dealer cash off this figure?
Thanks
Central Florida Market and with very good credit.
Purchase price was 32044 - 750 Honda down payment assistance = $31294
12k mile 36 month Lease
Payment 375 plus 24 in taxes =$399 payment with a $1000 of my own cash down.
Residual is $19581 Money factor was the .48 number in previous post's
This dealer installs door edge gaurds, pinstripes, splash gaurds, trunk tray, wheel locks, nitrogen in the tires, and window tint on every odyssey in stock which adds $2100 to sticker. I argued that was a little rediculous and sales manager thru them in for free but I feel I could have got a better purchase price if the vehicle was stock. That being said I do like the additions.
I stress this is probably a "good deal" and not great as I do not have the negotiating patience as my father but we had a number in our head we wanted and when we got there we took it.
I have a deal to lease an Odyssey EX, 36 months @ 12K miles per year for $425 down and a monthly payment of $309 which includes PA taxes (about 9%). To increase milage from 12K to 15K per year dealer said monthly payment would increase to $330 a month. Does this sound about right?
Thanks
Scoured the site and didn't see any numbers for the Touring Elite, apologies if I missed them.
Many thanks in advance!
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If I was in the market for this van right now in an area that has a decent level of competition, I would shoot for a selling price of a couple hundred dollars over dealer invoice minus the $2,000 dealer cash.
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Car_man
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The residual value for a lease with 10,000 miles per year would be 1% higher.
There's $2,000 dealer cash on this van right now.
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I am looking to do a 36 mo/36k lease on a 2013 EX-L-RES with $0 down, taxes (8.625%), tags,title,etc inclusive "sign 'n drive" deal for $400 or less/month. A true sign 'n drive w/ absolutely no money exchanged whatsoever! I have excellent credit.
Is this reasonable and if so, what sale price would have to be negotiated in order for these numbers to be achieved?
Any help in this matter would be greatly appreciated!
What do you guys think, comments?
$347/month for 36 months, 36k miles, $3200 due at signing.
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When negotiating your deal, make sure to take advantage of the $2,000 dealer cash that is currently available on this model.
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Just negotiated this deal in Brooklyn, NY , let me know what you think.
2013 Odyssey EX-L RES 3yr/ 36k miles.
$419 per mo. tax included. No money down (cap cost reduction)
1st month payment of $419and $595 bank fee= $1,014due at signing.
MSRP $37,655
Sale price $32543
Residual $19581 (52%)
MF .00048
All advice welcome. thanks
One more for you:
What would the target sale price of the vehicle be in order for resultant monthly payment be $400(all fees inclusive)?
For example, you state that it would have to be sold below invoice.
What would that invoice price be and /or what would the cost be with flex cash applied?
My current lease expires at the end of June and I have already received two offers from dealers who claim to hit my number ($400,$0 down,taxes,TTL inclusive).
I just want to make sure this is possible before I set aside a day to close this deal and get served a "bait and switch sandwich" at the dealership.
Thank you sir for your help in this matter.
Car_man
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Car_man
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Can you please give me the money factor and residual value on a 2013 Odyssey EX with 12,000 miles a year for 36 months for June?
Thanks so much!
When negotiating your deal on this van, make sure to take advantage of the $1,500 csh incentive that is currently available on leases of it.
Car_man
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$485/month (7.75% tax included) for 36 months and 15K miles per year with a total of $1,375 out of pocked. This includes roof rails and body side molding added on. I think I can do a little better as I was looking to only put down first payment and fees for a total of about $800 out of pocket.
Thoughts?
Whats the money factor and residual for Touring models? Can you give me both 12,000 and 15,000 miles?
I have an offer to buy a '13 Touring for $36,300 so I'm assuming the pricing will carry over to the lease.
Can you give me the Lease Money Factor and Residual Rate on the TE Model for June. Both with 12,000 and 15,000 miles for 36 months.
I have also been quoted $37,500 on buying a 2013 Touring Model so want to weigh leasing and purchasing after the lease term or buying it outright.
Thanks!
thanks for all the great info you post on the forum. Do you happen to have the money factor and residual for Touring and TE models, 12k miles, 36 months? Also - the Edmunds website is showing 2 incentives, one is a $1500 dealer cash incentive for financed deals and the other is $1000 "dealer bonus cash 1" which says it can be combined with other incentives and financing. Am I interpreting correctly that there is $2500 is total dealer incentives available for a Honda Lease deal?
Many thanks
R
I want to get this car too they gave me estimate 350 before tax monthly and 1000 down
Thanks !
Can you please tell help me with advise to get the same price, where should I go ?
The best price I got is 335 before tax
I will approtiate your kindly answer a lot!!!
Thank you so much
Natalie.
You can look up this van's invoice price over in the New Vehicle Pricing section of this site.
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