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Prices Paid: Buying & Leasing Experiences Honda Odyssey Prices Paid and Buying Experience
24351 messages, Last post on Dec 01, 2009 at 12:57 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: jgz (Aug 21, 2008 6:01 pm)  yahoo.com.
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Please count me in!!! GA group.
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Replying to: jgz (Aug 21, 2008 6:01 pm)
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Replying to: liveandletlive (Aug 21, 2008 6:38 pm)
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| anyone interested in forming a group?...25,600 to 25,800 + doc fee should easily get it done for a cash buyer...a group can probably get it a bit lower...business is way off at these places and i have to think they want to unload these cars prior to mid-Sept... | |
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Replying to: sneezy2 (Aug 21, 2008 6:26 am) BTW, how was your Sterling MaCall adventure?
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Replying to: artispee (Aug 21, 2008 3:40 pm) Any one want to team up to buy a 2008 Honda Odyssey EX-L in Columbus,Ohio.
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I am in the market for EX-L in SoCal. Has anyone from SoCal closed deals with a base price between $25,500 to $26,000 (incl destination) i.e excl TT&L. Appreciate any updates on this forum. G
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Replying to: crvguy1 (Aug 21, 2008 8:57 pm)
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I just spent 3 hours at the Honda dealer trying to lease a EX-L R/N. I had reached out to about 4 other dealerships by phone and this one was the one that had the best starting offer which was 31K. They tried to increase the price by about $800 for a number of accessories they had on the car (Wheel locks, edge guards, tray liner, all season floor mats, and something else that was useless). I asked them to also add the cross bars. Eventually they agreed to include all of this for 31K but I certainly didn't feel like this was a good deal but they were pretty firm on this was as low as they would go. Then came the Lease discussion. The first offer was for payments of $590 before tax and before tax only fees upfront. After digging through the deatils and many iterations I finally got them down to $449/mo before tax with $2K upfront ($800 fees and $1200 cap cost reduction). Based on what I've read here I'm not comfortable this is a good deal. Here's the details as I understand them. MSRP - 36,480 Cap Cost after upfront payment - 29,900 Residual Value - .50 Term - 36 months MF - .00265 My reasoning for not being comforable with this: First, I qualified for 7.25% through Costco on a loan so I know I should be able to get a decent rate. 5 years ago I leased an Xterra and had a .00158 MF and my credit qualifications were much worse so I think I should be able to get a better money factor. Second, I've read repeatedly of people getting .52 to .55 residual value so I think I'm getting short changed there. Third, I also have been hearing of people getting prices of close to 29K so feel like I'm overpaying. So two questions I'm hoping to get help with. How should I feel about this deal? Am I getting a decent deal or would I be over paying? Second, Can anyone provide some pieces I can use to try to argue this down further. Some tangible things I can refer to as reasons I should get a better deal rather that I just have heard of people getting a better deal. I'm already thinking of asking them to remove all accessories and buying them after market. I can find them cheaper online anyway. But that will only reduce my payments a little and doesn't change the overall value of the deal. Thanks in advance for your thoughts. |
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