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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

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


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#1728 of 1835
Re: EX-L Lease Deal [maytal] by bigdadi118
Jun 26, 2009 (1:55 pm)
Reply

Replying to: maytal (Jun 26, 2009 1:02 pm)

you need to get the money factor
and the breakdown of $3,680 due at signing
Also ask about the detail of "+ Fees"
#1729 of 1835
09 ODYSSEY EXL + RES by glebedin
Jun 27, 2009 (3:08 am)
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Just leased an 09 EXL with RES.
 
$721 at signing, this includes 1st month and tag/title
$509/month tax included (35 payments left)
white/tan interior
 
West Palm Beach.
Negotiated price on the phone, the salesman brought the car to my house.
I test drove it and inspected the interior.
Paperwork took less than 15 minutes.
It was a better deal to buy this car and hold for 3-5 years but the wife had other ideas.
 
Last month in May best deal was floating around $550/month
#1730 of 1835
Re: EX-L Lease Deal [maytal] by elwood11
Jun 27, 2009 (10:23 am)
Reply

Replying to: maytal (Jun 26, 2009 1:02 pm)

What SoCal dealer gave you that quote? Can you email to me at 442 at cox dot net? I'm in SoCal too and looking for plain EX-L (nor RES or NAV) to buy or lease...Thx
#1731 of 1835
Just leased an EX 2009. by tareksola
Jun 28, 2009 (7:29 am)
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Hi all,
 
First of all, I am new here, and I am extremely glad that I found this website and I wish I have found it before I leased my minivan. It has valuable information which helps in negotiating prices .
 
I recently closed a deal on an EX 2009 (base with very few accessories) lease in OR:
$3000 down, and $320 per month for 35 months. (One payment included in the down payment)
I have 12K/year .
 
According to the deal,
the Gross capitalized cost =$26120
and Capitalized cost Reduction = $2461.35
So Adjusted Capitalized cost = $23658.35
The rent charge = $3539.35.
 
I did negotiated with the dealership to get to the above deal, I think I did good, but I would like to confirm this here.
 
One thing that worries me is that they told me the van has 198 miles!!!, I told them how come? and they said they are getting it from another dealer as they don't have it on stock and that other dealer is ~50 miles away, and they have some one drive it from there to my dealer. It sounded weird and I am planning today to call and tell them I will drive to the other dealer to get it myself.
I am getting more concerned about the mileage now I don't know why....
 
Any thoughts.
 
Thanks
 
tareksola
#1732 of 1835
Lease payment by siameses
Jun 28, 2009 (7:34 am)
Reply
Hi Carman,
I am trying to find out how much the monthly payment would be for an EX-L with NAVI and RES. The price I am trying to negociate is 30.800 with 0 down, just the drive offs. And I want to know how much should I pay monthly for 12000 miles and 15000 miles lease. Can you please help me with this, thank you very much
#1733 of 1835
Odyssey EX-L by pilot25
Jun 29, 2009 (7:59 pm)
Reply
Hi Everyone.
 
Is this a good deal?
2009 Odyssey EX-L
337 a month with 12k Miles, 36 months , zero down plus tax.
 
Are destination and admin fees waivable?
I am in NYC , I would most likely roll the tax into the months payment, Comes out to 374 with taxes.
#1734 of 1835
Re: Odyssey LX and EX [cfkid] by Car_man HOST
Jun 30, 2009 (2:50 am)
Reply

Replying to: cfkid (Jun 10, 2009 4:08 am)

Hey cfkid. The MSRPs of these vehicles are helpful, but the most important numbers are their selling prices. The MSRPs are set in stone, but the selling prices vary depending upon how good a deal you are able to negotiate. We really need to know the selling prices to give you an opinion of this deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1735 of 1835
Re: 2009 EX-L Lease Deal Question [maytal] by Car_man HOST
Jun 30, 2009 (2:53 am)
Reply

Replying to: maytal (Jun 11, 2009 1:59 pm)

Hi maytal. $2,700 under dealer invoice is an excellent selling price for a leased Honda Odyssey. I don't think that you are going to be able to get this van for any less than that. Just make sure that the dealer is using Honda Finance's current buy rate of .00250 to calculate your monthly payment and you're in business should you choose to go with this model.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1736 of 1835
Re: Residuals and money factors on a 2009 Odyssey LX and EX [mrthnman] by Car_man HOST
Jun 30, 2009 (3:00 am)
Reply

Replying to: mrthnman (Jun 20, 2009 5:41 pm)

Hey mrthnman. Let's work up a payment on this van and see what we come up with. According to my calculations, if you were to lease a 2009 Honda Odyssey Touring without PAX that has an MSRP of $41,215 and a selling price of $34,000 (which is an amazing $887 under dealer invoice minus all of the available incentives) through Honda Finance right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $550. Wow, that's a lot of money for a van, even with this amazing selling price.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#1737 of 1835
Re: EX ATL area [guaranteed] by Car_man HOST
Jun 30, 2009 (3:06 am)
Reply

Replying to: guaranteed (Jun 24, 2009 8:38 am)

Hi guaranteed. The easiest way for me to evaluate these two deals is to take a look at the selling price that they are based upon. This is a very important number for you as a consumer to know anyhow. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is difficult to tell how large a dealer discount you are bring given. Let us know what this van's selling price is and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

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