Sign In Join 



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


Messages Page 178 of 185
1
...
175
176
177
178
179
180
181
...
185
Prev
Next
Last
Go To Msg #
Search This Discussion

#1763 of 1835
Re: Need help evaluating buying a 2007 Honda Odyssey [car_newbie] by bigdadi118
Jul 19, 2009 (9:41 pm)
Reply

Replying to: car_newbie (Jul 19, 2009 8:17 pm)

Honda is unable to conduct third-party sales. Her leased vehicle may only be purchased by her, the original lessee(s) or by a dealer.
She'll get the title from mail (2 to 4 days) as soon as Honda received full payment. Probably when you agreed a price to buy the car, and she'll ask you to cut 2 checks : buyout for Honda, 1 profit to her. She signs the back of title and transfer ownership. Check the price in KBB re trade-in and private sale price re this car. Sale / Purchase agreement should be setup and she should not drive the car when waiting for the title in a few days. In theory the car is yours once you paid Honda and her with checks, just a matter of time for the title to arrive from Honda or RMV in mail.
#1764 of 1835
Re: Need help evaluating buying a 2007 Honda Odyssey [bigdadi118] by mrthnman
Jul 20, 2009 (6:14 am)
Reply

Replying to: bigdadi118 (Jul 19, 2009 9:41 pm)

you may have to pay tax twice on this tranasction for the 2 changes in ownership....
#1765 of 1835
Re: Need help evaluating buying a 2007 Honda Odyssey [mrthnman] by jayrider
Jul 20, 2009 (8:19 am)
Reply

Replying to: mrthnman (Jul 20, 2009 6:14 am)

Someone has to pay tax on the first buyout from honda. Since honda only sells to the leaser than that's whose responsible. When you buy from that party you pay sales tax. Didn't think of that one bigdadi118, could be a deal breaker if the seller wants to add the sales tax into the sale price. 20k X 7% = $1400 X 2 = $2800.. Unless the buyout is real low -- not sure it makes sense.
#1766 of 1835
Completed 2009 Odyssey least at 525 p/month, 0 down by hondabuyer8
Jul 22, 2009 (1:10 pm)
Reply
My lease experience was based on spending as little physical time at the dealer possible, i.e., doing all I could by email and phone first: I picked up the Odyssey EX-L (no RER, no Nav) for 525 per month for 36 months; zero down (other than taxes, bank fee, NYS inspection fee; license and title, NYS tire waste fee). I got the fees line item broken down by email first, as well as other figures (MSRP, sale price, money factor, etc.). I did everything I could first to minimize time at dealer, including down payment and insurance by phone, but I knew I wanted an Odyssey and couldn't give a damn about the color, although they had the one I wanted. From arrival to driving off was 90 minutes, 45 of which were because they were disorganized and made mistakes on the paperwork, which I made them re-do. I would have done better not using Honda Finance b/c the money factor they offered was higher than a bank and I found a slightly cheaper price (519) elsewhere but the cheaper dealer was incompetent so I didn't bother. If I'd done the deal 3 or 4 weeks ago, it would have been substantially cheaper, folks say, but I'm happy it's over, frankly. Buying/leasing a car is the most disgusting purchase experience humans have to endure, short of a high colonic. I also tried Authority Auto's "Improve Your Deal" service, but the guy said at this moment where I was 525 was a good price, although he recommended waiting til next month for hopeful dealer cash offers. Maybe so, maybe not. Thanks for all the help on the board and from Edmunds along the way.
#1767 of 1835
Re: Completed 2009 Odyssey least at 525 p/month, 0 down [hondabuyer8] by mrthnman
Jul 22, 2009 (1:35 pm)
Reply

Replying to: hondabuyer8 (Jul 22, 2009 1:10 pm)

at which dealer was this deal ?
#1768 of 1835
Re: Completed 2009 Odyssey least at 525 p/month, 0 down [mrthnman] by hondabuyer8
Jul 22, 2009 (6:11 pm)
Reply

Replying to: mrthnman (Jul 22, 2009 1:35 pm)

Bay Ridge Honda, Brooklyn.
#1769 of 1835
Re: Completed 2009 Odyssey least at 525 p/month, 0 down [hondabuyer8] by mvc1234
Jul 30, 2009 (6:40 am)
Reply

Replying to: hondabuyer8 (Jul 22, 2009 1:10 pm)

How many miles allowed per year?
 
Thanks.
#1770 of 1835
2010 Odyssey EX resid and MF by vermin3
Aug 03, 2009 (11:56 am)
Reply
Car_Man,
 
Looking to lease 2010 EX Odyssey 36/12k so can you tell me the current residual an d MF for this model.
 
Thanks
#1771 of 1835
Re: Completed 2009 Odyssey least at 525 p/month, 0 down [mvc1234] by hondabuyer8
Aug 04, 2009 (11:24 am)
Reply

Replying to: mvc1234 (Jul 30, 2009 6:40 am)

12,000 per year, 3-year lease.
#1772 of 1835
Re: Completed 2009 Odyssey least at 525 p/month, 0 down [hondabuyer8] by andy603
Aug 04, 2009 (11:30 am)
Reply

Replying to: hondabuyer8 (Jul 22, 2009 1:10 pm)

when someone leases, please indicate your money factor, term, net cap cost, miles allowed and residual %. There is no way to tell if anyone got a good deal if you just indicated a monthly payment. Thanks!!

Messages Page 178 of 185
1
...
175
176
177
178
179
180
181
...
185
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics

Today's Chats

Advertisement