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Honda Odyssey Lease Questions

1833 messages,  Last post on Nov 23, 2009 at 9:41 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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#1563 of 1833
Is this a good deal? by salesdoll
Feb 02, 2009 (10:41 am)
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Hi! New here and am wondering how does this sound: 2009 EX with $3500 down, 12K mi $350/mo for 39 months (this is the drive away price, includes all fees) and includes the $1250 marketing support off the dealer's INVOICE price making the final price about $26,500. The deal was more attractive 6 months ago and I'm kicking myself, why is Honda's money factor so high now given the current economic climate? Should I pull the trigger on this deal or wait until March or later.... Toyota can't do better either. Please advise. Thanks!!!
#1564 of 1833
Can I get Better? by DevilPuncher
Feb 02, 2009 (12:32 pm)
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New to the forum. I am grateful for any insight. There is a national program to lease a 2009 Honda LX for the following:
 
2,9999.00 Down
299.00 monthly
39 month lease
2,105 capitalized cost reduction
12,000 miles per year
 
I am wondering if, or how, I can do better. Ideally, I would like to get into an EX-L for the same terms. I live in Oregon and have identified about 10 honda dealers that I can negotiate with but have not contacted them yet. Is this possible, or am I dreaming?
#1565 of 1833
by DevilPuncher
Feb 04, 2009 (4:03 pm)
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Is anybody out there?
#1566 of 1833
Re: [DevilPuncher] by salesdoll
Feb 04, 2009 (4:21 pm)
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Replying to: DevilPuncher (Feb 04, 2009 4:03 pm)

Was wondering the same thing myself! If you can can get an EXL for that deal I'll drive to Oregon from the East Coast to get it.... So my dealer is kicking in another $1000 below INVOICE for EX (no leather, no NAV, no DVD), and am almost ready to sign. Need to know if this is a good deal, someone??? Money factor is .0025
 
Drove a Chrysler T&C today and they are offering TONS of rebates (Chrysler no longer leases); employee pricing, etc... but vehicle is not as nice as the Honda for sure. They offer a really nice 36,000 mi bumper to bumper warranty with free towing and a lifetime powertrain warranty.
 
Now, I'm also curious about the federal economic stimulus package that may contain a tax break for new car buyers and am now thinking of buying vs. leasing! Too much to think about.....please help!
 
http://news.yahoo.com/s/ap/20090204/ap_on_go_co/congress_stimulus_66
#1567 of 1833
Re: Can I get Better? [DevilPuncher] by Car_man HOST
Feb 05, 2009 (4:19 am)
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Replying to: DevilPuncher (Feb 02, 2009 12:32 pm)

Hi DevilPuncher. Savvy consumers who live in an area that has a decent level of competition are almost always able to get a better deal than manufacturers' official advertised lease payments by negotiating a lower selling price than the one that was used to calculate them.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1568 of 1833
Re: Can I get Better? [Car_man] by salesdoll
Feb 05, 2009 (6:21 am)
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Replying to: Car_man (Feb 05, 2009 4:19 am)

Car man: what about $2K below invoice? Is that good? Is the EXL w/o NAV/RES worth the $3700 more in MSRP over EX model?... I don't really need leather, but the power liftgate is a nice feature... Finally, is it realistic to shave any more off the invoice price?? Thanks!
#1569 of 1833
Re: Can I get Better? [Car_man] by DevilPuncher
Feb 05, 2009 (10:05 am)
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Replying to: Car_man (Feb 05, 2009 4:19 am)

Car Man, thank you for your advice. So if I understand correctly, I should really be negotiating the selling price of the EX-L I am wanting to lease. If so, what is an aggresive but realistic figure I should try to get these dealers down to for an EX-L in the leasing realm? What about an EX?
#1570 of 1833
by DevilPuncher
Feb 05, 2009 (1:44 pm)
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Wow, I just looked and the national offer is now 2999 down and 259 a month for an LX. Perhaps I can get somebody to give me an EX or an EX-L for 2999 and 299.
#1571 of 1833
Re: [DevilPuncher] by chud2001
Feb 05, 2009 (2:02 pm)
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Replying to: DevilPuncher (Feb 05, 2009 1:44 pm)

True, it is better than last month but still not as good as what they are offering on the Pilot.
If Honda offered the same money factor for the Odyssey as they do for Pilot, the payments would be about $40 less.
   financing amount $40,000 x difference in money factor 0.001 = $40 /month
 
Pilot MF : 0.0015
Ody MF: 0.0025
#1572 of 1833
Re: [salesdoll] by bigguyny
Feb 05, 2009 (4:06 pm)
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Replying to: salesdoll (Feb 04, 2009 4:21 pm)

I made the mistake of getting a Town and Country after my Odyessy lease was up. They gave me thousands of dollars worth of discounts, plus the T & C was loaded with everything DVD,NAVI, Sat. Radio leather and so on. The only problem is that the T & C is the biggest piece of garbage I have ever had the displeasure of driving. Between no pick up, loud road noise and now there is a banging from the rear everytime you turn not to mention all the little things that have gone wrong. I am just glad my lease is almost up so I can get rid of it.

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