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2013 and earlier-Honda Odyssey Lease Questions
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$721 at signing, this includes 1st month and tag/title
$509/month tax included (35 payments left)
white/tan interior
West Palm Beach.
Negotiated price on the phone, the salesman brought the car to my house.
I test drove it and inspected the interior.
Paperwork took less than 15 minutes.
It was a better deal to buy this car and hold for 3-5 years but the wife had other ideas.
Last month in May best deal was floating around $550/month
First of all, I am new here, and I am extremely glad that I found this website and I wish I have found it before I leased my minivan. It has valuable information which helps in negotiating prices .
I recently closed a deal on an EX 2009 (base with very few accessories) lease in OR:
$3000 down, and $320 per month for 35 months. (One payment included in the down payment)
I have 12K/year .
According to the deal,
the Gross capitalized cost =$26120
and Capitalized cost Reduction = $2461.35
So Adjusted Capitalized cost = $23658.35
The rent charge = $3539.35.
I did negotiated with the dealership to get to the above deal, I think I did good, but I would like to confirm this here.
One thing that worries me is that they told me the van has 198 miles!!!, I told them how come? and they said they are getting it from another dealer as they don't have it on stock and that other dealer is ~50 miles away, and they have some one drive it from there to my dealer. It sounded weird and I am planning today to call and tell them I will drive to the other dealer to get it myself.
I am getting more concerned about the mileage now I don't know why....
Any thoughts.
Thanks
tareksola
I am trying to find out how much the monthly payment would be for an EX-L with NAVI and RES. The price I am trying to negociate is 30.800 with 0 down, just the drive offs. And I want to know how much should I pay monthly for 12000 miles and 15000 miles lease. Can you please help me with this, thank you very much
Is this a good deal?
2009 Odyssey EX-L
337 a month with 12k Miles, 36 months , zero down plus tax.
Are destination and admin fees waivable?
I am in NYC , I would most likely roll the tax into the months payment, Comes out to 374 with taxes.
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I am also in the NYC area looking for a 09 ex-l -- can you please tell me which dealer quoted you that price?
thanks
Enjoy your new ride!
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He also said that the newspaper ad was from a different bank not Honda Financial. Is it better to go through Honda Financial and get the 1500 wear and tear, 12k miles, and roadside assistance? At the end of the lease will they nitpick over every little scratch from the other bank?
How do I get this deal on an Odyssey with 12,000 miles per year?
$850 down and $399/mo including 6% Florida tax.
I understand the money factor and residual for this deal are .0025 and 50% respectively.
The $399 corresponds to approximately $25,000 Total cap cost.
Is this a good deal?
The $2500 cash incentive supposedly expires tomorrow.
thx
NY: Visited a dealer who quoted me "mid 500s" with zero down (we agree I'll pay bank fee, 1 month, tax, and reg) to lease a Pilot and said the Odyssey would be less "since it's a less expensive car". So, I return to lease the Ody and see what happens. they only have one with RES and he quoted me $750 per month "because the DVD adds $3700 to the price of the car" (!). When I take a minute to explain that he's 40% over what he said and his math on the DVD is insane, he comes back with 625 per month. I say, wow, that's a lot of price flexibility, why don't you get it down to what you said, mid 500s (yes, I know that is too high still) and walk and he chases after me out the door but I'm done.
NJ: Same scenario, also a 36-month lease ZERO down. I get an email quote at 42 months (wrong), $520 per month [still too high but closer], "0 down + $1500 inception". I say, um, $1500 inception is not zero down and salesperson says, well, we're being honest because the bank might not approve your financing to get you to $520 so the $1500 reflects that!! I say try again I qualify for tier one financing and I get a new quote, still at 42 months but, I swear to the lord, the salesperson has divided $1500 by 42 and spread the it over the course of the lease plus 25cents per month so I'd actually be paying more. I move on and the quest for one honest car dealer continues.....
Lease an Acura MDX base is much cheaper now $499/mo. with incentive / lease special
http://www.acura.com/tools/shopping/CurrentOffers.aspx?model=MDX&modelYear=2009
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thanks!
I am trying to find out how much the monthly payment would be for an EX-L with NAVI and RES. 12000 per year and 0 down
We are located at North New Jersey
Can you please help me with this, thank you very much
"2009 MDX Featured Special Lease $499.00 per month for 36 months. $2,899.00 total due at signing. Excludes security deposit, down payment, taxes, titles and fees. For well-qualified buyers."
The extras in the MDX would be 2899 + crazy intangibles like "down payment" (!!) and "fees". The 2899 alone amortized over 36 months is $80, bringing the MDX to 579 and that is not counting the "downpayment". . More sleazy dealer tricks and wording to push up the buyer's total cost. And you need to know what the credit score cut off is for "well qualified". Honda's Tier One is 720. No way is the MDX a better deal even without incentives.
just my 2 cents.
The seller tells me that her lease is up and she is considering selling the car to make a little bit of money, if she is able to make some money, she will sell it to a private party, if not, she will return it to Honda Finance. To buy the car, I (and the lessee) would need to send checks to Honda.
I am trying to figure out how to evaluate the deal and the numbers on her end. Been researching money factor and residual value in the past 30 min but can't seems to make sense of those terms for this car. Would appreciate any help you could provide!
Thanks!
She'll get the title from mail (2 to 4 days) as soon as Honda received full payment. Probably when you agreed a price to buy the car, and she'll ask you to cut 2 checks : buyout for Honda, 1 profit to her. She signs the back of title and transfer ownership. Check the price in KBB re trade-in and private sale price re this car. Sale / Purchase agreement should be setup and she should not drive the car when waiting for the title in a few days. In theory the car is yours once you paid Honda and her with checks, just a matter of time for the title to arrive from Honda or RMV in mail.
Thanks.
Looking to lease 2010 EX Odyssey 36/12k so can you tell me the current residual an d MF for this model.
Thanks
Specifically looking at an EX-L w/ RES and NAV, 10k/yr 36mo
I would really like the EXL but the EX fits better with our "budget" at the moment.
A few questions-
Is it beneficial to lease at month end as in THIS month (we know it's already model year end- or close enough since the 2010's are out) or should we wait till Labor day weekend? Looking on the Costco site, there was a message about a possible $1250 cash to dealer deal going on till 9/8 but it didn't sound positive about those findings... anyone?
Anyone know what the current lease rates are? I'm looking into our Credit Union as well, trying to do as much "homework" before getting quotes/traveling to dealerships. I did submit a query through Costco to get a quote and researched here and CR for invoice and lowest paid. What is the lowest paid price anyway (for San Diego county)?
I know better than to name a price and shop monthly payments (even though we need to stay below a certain monthly payment)... I have been using a lease calculator to do all those numbers up front but don't know what to use as the money factor (was using 0.0016 MF) and the Residual Value??? Was guessing around 50%??? (based on some reading here but it wasn't a recent date)
Can anyone recommend a dealership in San Diego?
Can someone better explain a manufacturer holdback?
Looking to put nothing down, we have the $2100 of payments from our current car to add in, 36 month lease would be ideal but could go longer, 10-12k miles/year (we drive very little)
Any guidance and info would be much appreciated as I'm just learning as I go at this point
Thanks!
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