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2017 Honda Odyssey Lease Questions

MichaellMichaell Moderator Posts: 240,121
edited January 2017 in Honda
Ask your 2017 Odyssey lease questions, here!

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Comments

  • oddie14oddie14 Member Posts: 9
    Hi,

    Can you please provide the MF and residual for Southern California for 2017 EX-L (no nav, no RES) for 36/12k? Lease cash for 2017?
  • MichaellMichaell Moderator Posts: 240,121
    oddie14 said:

    Hi,

    Can you please provide the MF and residual for Southern California for 2017 EX-L (no nav, no RES) for 36/12k? Lease cash for 2017?

    .00175 and 59%

    No lease cash, this month.

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  • mrclean15mrclean15 Member Posts: 10
    Can you please tell me the MF & Residual for the EX-L with 12/36 in Jacksonville, FL?
  • kyfdxkyfdx Moderator Posts: 235,188
    mrclean15 said:

    Can you please tell me the MF & Residual for the EX-L with 12/36 in Jacksonville, FL?

    .00175 and 59%

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  • twatchko01twatchko01 Member Posts: 23
    edited February 2017
    any updates on MF and residual on the Odyssey EX-L for February - no nav in SoCal 90266 36/12
  • MichaellMichaell Moderator Posts: 240,121

    any updates on MF and residual on the Odyssey EX-L for February - no nav in SoCal 90266 36/12

    No change from January - 59% and .00175

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  • waltercoolwaltercool Member Posts: 1
    How to calculate 3-year lease on 2016 Odyssey EX, 36/12,000
    sales price is 29,999
  • kyfdxkyfdx Moderator Posts: 235,188

    How to calculate 3-year lease on 2016 Odyssey EX, 36/12,000
    sales price is 29,999

    .00030 MF and 53% residual
    $1200 lease cash

    What is the MSRP?
    What state/tax rate?

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  • wyzmomof3wyzmomof3 Member Posts: 5
    Hello,
    Can you please provide the MF and residual information for a 2017 Odyssey Touring 36/12 for northern Illinois/southern Wisconsin?
    And if possible please, for a 2017 EX-L with Nav 36/12? Thank you for your help!!



  • ohiohondaguyohiohondaguy Member Posts: 33
    wyzmomof3 said:

    Hello,
    Can you please provide the MF and residual information for a 2017 Odyssey Touring 36/12 for northern Illinois/southern Wisconsin?
    And if possible please, for a 2017 EX-L with Nav 36/12? Thank you for your help!!



    Touring: MF .00119 Residual 55
    EXL-N: MF .00119 Residual 57
    Both $1000 lease cash
  • wyzmomof3wyzmomof3 Member Posts: 5
    Thank you! Could you provide the MF and residual on the 2016 Touring? Thank you!
  • ohiohondaguyohiohondaguy Member Posts: 33
    wyzmomof3 said:

    Thank you! Could you provide the MF and residual on the 2016 Touring? Thank you!

    .0003 MF
    48% residual
  • foxb11foxb11 Member Posts: 29
    Hi,

    Can you please provide the MF and residual for Southern California for a 2017 Odyssey EX-L (no nav, no RES) for 36/12k? And is there any lease cash?

    Thank you for your help!
  • kyfdxkyfdx Moderator Posts: 235,188
    foxb11 said:

    Hi,

    Can you please provide the MF and residual for Southern California for a 2017 Odyssey EX-L (no nav, no RES) for 36/12k? And is there any lease cash?

    Thank you for your help!

    .00119 MF and 59% residual
    $1000 bonus lease cash

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  • ohiohondaguyohiohondaguy Member Posts: 33
    I can verify that kyfdx answer is correct ^
  • hondaguy411hondaguy411 Member Posts: 1
    Hi, Thanks in advance for your help.

    Could you please share with us the MF, RV and any lease cash on the 2017 Odyssey Elite in Southern CA for 36/12k? Does Honda provide 10k leases?
  • MichaellMichaell Moderator Posts: 240,121

    Hi, Thanks in advance for your help.

    Could you please share with us the MF, RV and any lease cash on the 2017 Odyssey Elite in Southern CA for 36/12k? Does Honda provide 10k leases?

    .00119 and 55%

    No 10K allowance from Honda in CA

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  • kissapigkissapig Member Posts: 1
    Hi,

    Could you please share with us the MF and residual value for 2017 EX-L w/ RES for 36/12k in Central Connecticut? Any lease cash for 2017? Thanks.
  • kyfdxkyfdx Moderator Posts: 235,188
    kissapig said:

    Hi,

    Could you please share with us the MF and residual value for 2017 EX-L w/ RES for 36/12k in Central Connecticut? Any lease cash for 2017? Thanks.

    .00030 MF and 58% residual
    $1650 dealer cash + $800 bonus lease cash

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  • saroopasaroopa Member Posts: 3
    Any Advice on Odyssey 16 EX L in Zip 55345 wiil be appreciated. I have a quote for 31500.
  • MichaellMichaell Moderator Posts: 240,121
    saroopa said:

    Any Advice on Odyssey 16 EX L in Zip 55345 wiil be appreciated. I have a quote for 31500.

    The 2016 Odyssey lease discussion is here:

    https://forums.edmunds.com/discussion/38347/honda/odyssey/2016-honda-odyssey-lease-questions#latest

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  • club619club619 Member Posts: 122
    Any difference in lease numbers for EXL with or without RES? Looking at 36/12 or 24/12 in 75070.
  • MichaellMichaell Moderator Posts: 240,121
    club619 said:

    Any difference in lease numbers for EXL with or without RES? Looking at 36/12 or 24/12 in 75070.

    .00119 and 65% / 59% for EX-L; subtract 1% for EX-L RES

    $1000 lease cash

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  • ssjjrr13ssjjrr13 Member Posts: 2
    Looking to lease 2016/17 Odyssey EX-L with RES in FL. 36/15. Could someone post the March numbers? What are the money factor and residual for March? Are there any current incentives? Thank you.
  • club619club619 Member Posts: 122
    Michaell said:

    club619 said:

    Any difference in lease numbers for EXL with or without RES? Looking at 36/12 or 24/12 in 75070.

    .00119 and 65% / 59% for EX-L; subtract 1% for EX-L RES

    $1000 lease cash
    Thanks! Could you also provide same numbers for the touring model?
  • kyfdxkyfdx Moderator Posts: 235,188
    ssjjrr13 said:

    Looking to lease 2016/17 Odyssey EX-L with RES in FL. 36/15. Could someone post the March numbers? What are the money factor and residual for March? Are there any current incentives? Thank you.

    2017: .00119 MF and 56% residual
    $1000 bonus lease cash

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  • MichaellMichaell Moderator Posts: 240,121
    club619 said:

    Michaell said:

    club619 said:

    Any difference in lease numbers for EXL with or without RES? Looking at 36/12 or 24/12 in 75070.

    .00119 and 65% / 59% for EX-L; subtract 1% for EX-L RES

    $1000 lease cash
    Thanks! Could you also provide same numbers for the touring model?
    61% / 55%

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  • yamilonyamilon Member Posts: 57
    Would you please give me the numbers for a 2017 Honda Odyssey w/ RES MSRP $39,040 in Florida?
    750+ credit score. Any idea on what a fair lease deal with this car? 12k miles / 36 months. Thanks for the help in advance.
  • kyfdxkyfdx Moderator Posts: 235,188
    yamilon said:

    Would you please give me the numbers for a 2017 Honda Odyssey w/ RES MSRP $39,040 in Florida?
    750+ credit score. Any idea on what a fair lease deal with this car? 12k miles / 36 months. Thanks for the help in advance.

    EX-L w/RES?

    .00119 MF and 58% residual
    $1000 bonus lease cash

    Need a proposed CAP cost or selling price to calculate a payment.

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  • boricua91169boricua91169 Member Posts: 5
    Can I please get the MF and Residual for 12K / 36 months in Massachusetts 01844
    Homday Odyssey SE no NAV
  • kyfdxkyfdx Moderator Posts: 235,188

    Can I please get the MF and Residual for 12K / 36 months in Massachusetts 01844
    Homday Odyssey SE no NAV

    .00119 MF and 59% residual
    $1000 bonus lease cash

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  • gladyjzgladyjz Member Posts: 14
    Can I please, get the MF and Residual value for 12K/36 months in Northern Virginia 22031, for 2017 Odyssey EXL - without & with RES? And any cash/loyalty bonus.
  • MichaellMichaell Moderator Posts: 240,121
    gladyjz said:

    Can I please, get the MF and Residual value for 12K/36 months in Northern Virginia 22031, for 2017 Odyssey EXL - without & with RES? And any cash/loyalty bonus.

    .00119 and 59% (EXL) or 58% (EXL RES)

    $1000 bonus lease cash

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  • mattyfo0zmattyfo0z Member Posts: 59
    SE and EX in Southern California for 12k/36?
  • MichaellMichaell Moderator Posts: 240,121
    mattyfo0z said:

    SE and EX in Southern California for 12k/36?

    .00119 and 58% (EX) or 59% (SE)

    $1000 dealer cash.

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  • carbuyersf2017carbuyersf2017 Member Posts: 5
    i have an offer on a 2017 Odyssey SE model for $350 for a 3 yr 12k miles lease in south florida. Is it a good deal ?
  • kyfdxkyfdx Moderator Posts: 235,188

    i have an offer on a 2017 Odyssey SE model for $350 for a 3 yr 12k miles lease in south florida. Is it a good deal ?

    MSRP?
    Selling price?
    Adjusted CAP cost?

    .00119 MF and 59% residual
    $1000 lease cash

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  • carbuyersf2017carbuyersf2017 Member Posts: 5
    MSRP: 33950 Selling price: 30,500. Cap Cost 32034 (dealer fee 799 bank fee 595 electronic filling 179 battery waste 6.50 rental surcharge 60 first month payment 349 tag & registration 150 total 1,543.50 ). Pm lease = 350 before tax
  • kyfdxkyfdx Moderator Posts: 235,188

    MSRP: 33950 Selling price: 30,500. Cap Cost 32034 (dealer fee 799 bank fee 595 electronic filling 179 battery waste 6.50 rental surcharge 60 first month payment 349 tag & registration 150 total 1,543.50 ). Pm lease = 350 before tax

    I get $395/mo.+tax with those numbers.
    Maybe a rebate or some other discount?
    Did they give you an actual dollar amount residual?

    (I love Florida dealer fees.. not)

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  • robrothrobroth Member Posts: 33
    Could I please get the MF, residual and any incentives for a Touring and Touring Elite in MA?
  • MichaellMichaell Moderator Posts: 240,121
    robroth said:

    Could I please get the MF, residual and any incentives for a Touring and Touring Elite in MA?

    53% and .00119 for 36 months, 15,000 miles per year.

    $1000 dealer cash

    Both trims

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  • robrothrobroth Member Posts: 33
    Thanks very much for the quick answer. I'm sorry I forgot to specify 36mo @12k per year rather than 15k.
  • MichaellMichaell Moderator Posts: 240,121
    robroth said:

    Thanks very much for the quick answer. I'm sorry I forgot to specify 36mo @12k per year rather than 15k.

    55% residual for 36/12

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  • carbuyersf2017carbuyersf2017 Member Posts: 5
    i want to know if this is a good deal or not. Not sure how he quoted 350 when ur calculation is 395. Anyone else has any quotes for lease in south florida ?

    MSRP: 33950 Selling price: 30,500. Cap Cost 32034 (dealer fee 799 bank fee 595 electronic filling 179 battery waste 6.50 rental surcharge 60 first month payment 349 tag & registration 150 total 1,543.50 ). Pm lease = 350 before tax
  • MichaellMichaell Moderator Posts: 240,121

    i want to know if this is a good deal or not. Not sure how he quoted 350 when ur calculation is 395. Anyone else has any quotes for lease in south florida ?

    MSRP: 33950 Selling price: 30,500. Cap Cost 32034 (dealer fee 799 bank fee 595 electronic filling 179 battery waste 6.50 rental surcharge 60 first month payment 349 tag & registration 150 total 1,543.50 ). Pm lease = 350 before tax

    What is being added to the selling price to get to the cap cost?

    If I use the selling price in the lease calculation, I get $352/mo plus tax.

    Confirm all the numbers from the dealer.

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  • blitz7619blitz7619 Member Posts: 4
    edited March 2017
    Have an offer for 2017 ex-l lease for 445 with 2k down payment with residual of 59% msrp @ $37440 and negotiated sale price of $31118 .. otd for purchase is $33000. Is the lease payment a good deal? The lease is for 3 years 36k miles and in Virginia 
  • MichaellMichaell Moderator Posts: 240,121
    blitz7619 said:

    Have an offer for 2017 ex-l lease for 445 with 2k down payment with residual of 59% msrp @ $37440 and negotiated sale price of $31118 .. otd for purchase is $33000. Is the lease payment a good deal? The lease is for 3 years 36k miles and in Virginia 

    .00119 MF

    With your supplied MSRP and negotiated price, I get $314/mo

    Ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.

    Also ask for a breakdown of the $2000 due at signing.

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  • blitz7619blitz7619 Member Posts: 4
    Michaell said:
    Have an offer for 2017 ex-l lease for 445 with 2k down payment with residual of 59% msrp @ $37440 and negotiated sale price of $31118 .. otd for purchase is $33000. Is the lease payment a good deal? The lease is for 3 years 36k miles and in Virginia 
    .00119 MF With your supplied MSRP and negotiated price, I get $314/mo Ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price. Also ask for a breakdown of the $2000 due at signing.
    I had a typo ...the monthly lease payment is $345 and the breakdown for the $2000 is $14000 taxes and $600 for doc fees. Can you please explain how you arrive at $314/ mo. Appreciate your help
  • MichaellMichaell Moderator Posts: 240,121
    blitz7619 said:


    Michaell said:

    blitz7619 said:

    Have an offer for 2017 ex-l lease for 445 with 2k down payment with residual of 59% msrp @ $37440 and negotiated sale price of $31118 .. otd for purchase is $33000. Is the lease payment a good deal? The lease is for 3 years 36k miles and in Virginia 

    .00119 MF

    With your supplied MSRP and negotiated price, I get $314/mo

    Ask the dealer what the adjusted cap cost is, and how they got to that number from the selling price.

    Also ask for a breakdown of the $2000 due at signing.

    I had a typo ...the monthly lease payment is $345 and the breakdown for the $2000 is $14000 taxes and $600 for doc fees. Can you please explain how you arrive at $314/ mo. Appreciate your help

    I plugged in the numbers into my home-built lease calculator.

    You can create your own:

    https://www.edmunds.com/car-leasing/calculate-your-own-lease-payment.html

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  • biscuitkingbiscuitking Member Posts: 1
    Hi, I was offered the following for a 2017 Odyssey EX-L in 30319. I can't seem to get to the same monthly payment that the dealer is quoting me. Can someone help?
    MSRP $37,440
    Sales price $33,505, less $1,000 lease cash = $32,505 net
    Residual Value 59%
    MF .00119
    Doc fees, state lemon laws, license/registration, etc = $775
    Acquisition fee = $595
    GA state sales tax 7% (must be paid up front or rolled into cap cost, per the dealer)

    Monthly payment - $508 (assuming no trade-in), $400 (assuming trade-in credit of $3,000)

    When I try to calculate this myself I get lower numbers. any help appreciated!
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