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Honda Odyssey Lease Questions
1424 messages, Last post on Aug 19, 2008 at 9:57 PM
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Replying to: carterrand (Jun 23, 2008 2:15 pm) |
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Hey car man-- I'm in NJ. I was just offered the following deal: Odyssey EX-L no nav/dvd Total all in $29,886.20 with T/T/R dp 5,000 Monthly $238 RV 18393.22 factor.00077 Any thoughts?
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Just wanted to make sure that I made a good deal last night in NJ. 2008 Odyssey EX-L w/RES no NAV Lease: $414 per month (includes tax) Tax: 7% $0 down Fees: $889 (included MV and other state taxes) After tough negotiations, I was able to get the dealer to pay 2 monthly payments out of three on my 2005 Acura MDX. I paid the third, which works out to $9 a month on the lease. So all in all the total was $405, including tax. |
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Replying to: tommybny (Jul 07, 2008 6:02 pm) Assuming this is a lease. I just received the following in NJ 2008 Odyssey EX-L w/RES no NAV Lease: $414 per month (includes tax) Tax: 7% $0 down Fees: $889 (included MV and other state taxes) After tough negotiations, I was able to get the dealer to pay 2 monthly payments out of three on my 2005 Acura MDX. I paid the third, which works out to $9 a month on the lease. So all in all the total was $405, including tax. Might want to check it out. |
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I am considering using the Internet method to shop for a leased vehicle. Should I combine the lease and purchase price in what I ask the dealer to Itemize? According to edmunds.com lease calculator, I get 295.00 per month based upon the following assumptions. (Assuming the assumptions are reasonable, and I welcome input on that.) MSRP: 32,800 Base Cap: 27,000 Residual: 56% Money Factor: .00077 Sales Tax: 8% Term: 36 Months. Per Month: 295.38 It doesn't ask for miles driven per year which I would think would be a factor, so I'm not sure that this is very accurate or even useful. I would be looking for 12,000. Thanks, Joe Black |
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Hi Guys - I was disappointed to find that Honda seemed to take the lease special off the table - however, was just informed from a local dealer that they are currently more attractive than in June! I am trying to get specifics but was wondering if anyone was aware of the amount of dealer cash and money factor Honda is currently using. Trumpy |
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Honda must still be offering incentives for the leases (or all of the local dealers are using outside lease financing) because I'm getting multiple offers (today) that seem good. Best offer so far (out of 3) is below: Sale price: 28281.87 Total upfront out of pocket: $987 Monthly cost: $387.61 (tax included I was quoted a MF of .00163 and residual of 54% or 18,619 ( I thought is was supposed to be 55%?) CarMan- what do you think? Terry PS- I'm in Florida
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Hi car_man, Now honda's special on LX is $239.00 per month for 36 months. $1,999.00 total due at signing. What's the MF and residual? Is it get better or worse than 7/4? Is there any difference for MF and residual for EX and EXL? Thanks a lot, Andy |
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Replying to: valiantvegan (Jul 10, 2008 11:17 pm) I believe it is better (slightly) - we leased our LX last night (7/10). Our terms are 36 months & 12,000 miles per year for $279/month and $650 due at signing which included our first months payment. Also, the $279 includes our sales tax of 6.75% so the payment before taxes is about $261. We were about $10 more per month before 7/7. Trumpy |
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I was quoted Tier 1 MF of .00163 up from .00077 last month. Has anyone else received a better offer? Also the residual on the Touring was still at 54%
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