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Honda Odyssey Prices Paid and Buying Experience

24381 messages, Last post on Dec 05, 2009 at 9:37 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: gedd209 (May 14, 2008 12:04 pm) There is a breakeven point in your figures, you just have to see where that is, and balance it against the chance that you'll still own the vehicle at that point. So... it's only cheaper if you keep the vehicle past the breakeven point.. In the example above, I think the breakeven point is around 27 months.... Probably better to take the lower interest rate, in this case... regards, kyfdx |
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Replying to: gedd209 (May 14, 2008 12:04 pm)
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Replying to: dgrazda (May 13, 2008 11:48 am)
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| Hi, We will be buying an 05-07 used Odyssey EXL in the next 4-5 weeks. I love the donkeypunch method but it is written for buying new cars. Can it be used to buy used? Has anyone tried it buying used? | |
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Replying to: mike20878 (May 14, 2008 12:17 pm) 08 Touring $34,000 base + dest w/$2000 dealer incentive $35,000 base + dest w/$1000 dealer incentive and 0.9 financing + $1,050 sales tax + $10 title + $44.50 tags $35,104.50 - $11,000 = $24,105 at 5.0% for 3 years = 36 x 722.43 = $26,007.48 $36,104.50 - $11,000 = $25,105 at 0.9% for 3 years = 36 x 707.06 = $25,454.16 $26,007.48 - 25,454.16 = $553.32 - $30 less Virginia sales tax = $523.32 less with 0.9 financing |
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Thanks for all your posts. It is helping to learn how to shop around for a car. Does the below offer sound good for a Odyssey EX-L ( NO NAV and RES) W/RATES ( 0.9% - 36 months or 2.9% for 60 months ) 2008 Honda Odyssey EXL $28,292 + tax and license ***Destination include Doc : $55 Tire Fee: $8.75 License: $283.56 Tax: $2,219.55 OTD: $30,858.86 W/O Rates ( Cash down or finance from an outside bank) 2008 Honda Odyssey EXL $27,292 + tax and license **Destination included Doc: $55 Tire Fee: $8.75 License: $273.56 Tax: $2,141.27 OTD: $29,770.58 Shall I be negotiating more.. My budget is around 29K OTD.. Is that achievable ? If Yes, what else can I bargain for? Any one from the San Diego , LA area bought a 2008 odyssey EX-L recently ? If Yes, what's the best price you guys got ? Please help me decide. Thanks |
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Replying to: mike20878 (May 14, 2008 12:17 pm) Thanks for the tip. I setup a spreadsheet to see where the breakeven point is and it's right around a $8,500-9,000 down payment that the two become even with a 4.9% rate. |
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| I was just offered an EXL - 2008 Honda Od. for $285/mo with $3100 down. Is that a good deal or should I further negotiate? | |
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I did a lot of quote from the dealer that guy gave me the price $30,000 out the door and $15,000 down, your monthly payment is $422.62 per month for 36 months. Is this reasonable.
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