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Honda Odyssey Lease Questions

1203 messages,  Last post on May 11, 2008 at 1:31 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Odyssey, Car Leasing, Van


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#1194 of 1203
Re: Lease price details, please! [rlembke] by kccarguy
May 08, 2008 (9:44 pm)
Reply

Replying to: rlembke (May 08, 2008 6:56 pm)

Thanks for the great info on your deal - well done! I'm also in KC and shopping for a great deal on an Odyssey. Did you add anything - DVD etc? If so, how much additional cost? If not, did you happen to get numbers on any other features?
 
Can anyone share what it typically costs to add DVD, NAV etc to recent EXL lease?
 
Thanks!
#1195 of 1203
Re: Honda Odyessy 24 month lease [varunku] by Car_man HOST
May 09, 2008 (2:18 am)
Reply

Replying to: varunku (Apr 16, 2008 5:25 pm)

Hi varunku. Unfortunately generally speaking 24 month leases are indeed more expensive than 36 month leases. The reason why this is the case is that new vehicles experience their most rapid depreciation during the first year of ownership. By leasing for three years, one can spread out this large initial depreciation hit out over 36 payments. On a two year lease, you have twelve fewer payments to spread out the pain. From time to time manufacturers will run special promotions on 24 month leases that make them as attractive or more attractive than 36 month leases, but that is not currently the case with the Odyssey.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1196 of 1203
Re: My lease on Odyssey LX [passat_mx] by Car_man HOST
May 09, 2008 (2:21 am)
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Replying to: passat_mx (Apr 29, 2008 10:56 am)

You're very welcome, passat_mx. Thank you for taking the time to stop back and let us all know how everything turned out. Make sure to stop by the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience with others. Enjoy your new ride .
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1197 of 1203
Re: EX-L in Michigan [jpappas] by ppp49489
May 09, 2008 (6:28 am)
Reply

Replying to: jpappas (May 08, 2008 8:20 pm)

I used edmunds' online price quote to send out my inquiry to three dealers in the area.
 
 2008 EX-L RES
 slate green ext./gray int.
 $386/mo plus tax
 36 month lease
 12,000 miles/year
 $696 (first month & new plate's fee) due at signing
 Dealer: Capital-Honda
  
The one in Brighton also gave me the same offer (also with $0 down), unfortunately they're about an hour away.
 
Also, we got ours at the end of the month, i don't know if that contributed in any way.
 
Good luck.
#1198 of 1203
How much additional $$$ for DVD and NAV on EXL by kccarguy
May 09, 2008 (8:48 am)
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Can anyone share recent data on how much more I can expect to pay monthly for DVD and NAV on an EXL lease?
#1199 of 1203
Help with quote by yrm2go
May 09, 2008 (11:06 pm)
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Hello, I'm new to this forum. I've been reading most of the posts over the last few months. I recently received a quote from a dealer in NJ on a EXL w/ RES. I requested a $0 out of pocket. Is this offer good? The money factor is alot different than I've been seeing in the posts. I keep thinking I'm missing something. Should I ask for more information from the dealer? Help!!
 
$434.85 for 36 months 12 k per
$30670 selling price
0.000770 money factor
#1200 of 1203
My EX-L quote by chchoi
May 10, 2008 (9:54 pm)
Reply
I have a quote for EX-L lease 3 yrs 12k/yr
selling price 27388
Drive off 654.35
Payment 359.17 +Tax
Is this a good deal?
#1201 of 1203
Re: Help with quote [yrm2go] by yrm2go
May 11, 2008 (6:55 am)
Reply

Replying to: yrm2go (May 09, 2008 11:06 pm)

It turn out that the dealer used the wrong tax rate. He used the NJ rate but I'm in NY. The monthly is now $450. He is also using a 53% Residual rate. I thought for a EXL w/res the rate was 56%. Is there a way I can check what rate Honda corp uses for this model? 53% seems too low.
#1202 of 1203
Re: EX-L in Michigan [ppp49489] by jpappas
May 11, 2008 (8:49 am)
Reply

Replying to: ppp49489 (May 09, 2008 6:28 am)

Thanks, that helps a lot, but can you tell me what was the selling price?
#1203 of 1203
1,000 Dealer cash by alexliu
May 11, 2008 (1:31 pm)
Reply
Hi Car_man:
Can you tell me that the 1,000 dealer cash can be apply toward to AHFC lease program?another word,can you get 1,000 and .00077 rate together?
 
Thank you!!

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