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Prices Paid: Buying & Leasing Experiences Honda Odyssey Lease Questions
1835 messages, Last post on Dec 02, 2009 at 6:34 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: slhouse1 (Oct 16, 2008 6:58 am) I don't understand that part of your post. Wouldn't you have to purchase your existing leased vehicle before you could use it as trade? Or does the lease company sell to the dealership directly? Otherwise, that sale alone would have tax charged, right? Illinois car dealers are exempt on their buys, but you must pay it.
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Replying to: spankspank (Oct 23, 2008 7:28 am) Either way, it all worked out as I had hoped. Thanks to all for your responses. |
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Hello and thank you ever so much! Received these out the door prices. 09 oddysey touring without pax: $36,434.83 sales tax 7% 2550.44 tire tax 7.50 reg/plates 354.00 (estimated) online processing 6.00 documentation 219.00 Out-the-door: $39,571.77 . 08 oddysey touring w/pax MSRP: $41,280.00 Internet price: $33,102.58, out the door same fees as above. Please let me know what i should be paying for a 36 month lease, 0 down. i was told .003 money factor and $21359 residual. they didn't include acquisition either. I have approval for these amounts plus letter stating no security deposit. I really appreciate your help!
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Replying to: honmom (Oct 28, 2008 1:13 pm) I cannot work up a lease payment on the 2009 Odyssey that you described because I do not know its MSRP. Both the MSRP and selling price are necessary for the calculation. If you let me know what it is, I'll work up a lease on it for you. Car_man Host Prices Paid: Buying & Leasing Experiences Forum
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Replying to: Car_man (Oct 30, 2008 3:27 am) I just found the formula on Edmunds .com and will try to figure on my own. I will see if it matches what you say. When you say pre-tax do you mean before tax and I should pay tax up front, and on what number? Here is the latest and greatest quote with msrp. I am sure we are in the super credit tier. Note: we have pre-approval and waiver of security deposit. 09 Oddysey touring no pax. msrp $40,405 36 months 12,000 miles per year $563.05/month with tax included. The total due at signing is $1,018.05, includes the first payment, registration/ plates for 3 years ($262.50), NJ tire tax ($7.5) and the document.fee ($185). The lease is based on a selling price of $36,250. includes destination and delivery fee.
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Replying to: honmom (Oct 30, 2008 5:49 am) As far as sales tax goes, the method for calculating it varies from state to state. If you tell me what state you are in, I should be able to give you an idea of how it is calculated in your area or at least point you in the right direction. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Hello, I live in eastern iowa, and have been emailing various dealers in the region trying to find a good deal on an Ody lease. I've got a credit score in the 700s (729 TU). Just curious what a good deal on a lease would be for an 08 EXL-RES for 36mo, 12k. Assume $0 down, 5% tax on full purchase price. If anyone has any input, I would greatly appreciate. Thanks! |
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Car_man Potamkin Honda Miami made me a 36 mo lease offer with the new money factor .00161 RV 52% MSRP $41,075 $549 plus tax Cap cost $37,105 Bank Fee $595 Cash at signing: $549 1st mo $699 dealer fee $595 bank fee $99 doc fee $23 electronic filing fee to the State? $6.50 disposal fee $1.50 lemon law book plus TTL I was able to have them take off the doc fee. I had them throw in mudguards, sunroof wind deflector and cargo board. They have agreed to $545 mo plus tax and will have the car waiting for me tomorrow. The only thing is that I don't think I should have to pay cash for the bank fee $595 if it is already included in the cap cost. Am I right?
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Replying to: ezbcpa (Nov 01, 2008 5:47 pm) $595 is aquisition fee ... standard fee in auto leasing. you don't pay upfront only If dealer built it into the lease and spread out for 3 years.
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