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Honda Odyssey Lease Questions

1835 messages,  Last post on Dec 02, 2009 at 6:34 PM

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

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#1770 of 1835 2010 Odyssey EX resid and MF by vermin3 Aug 03, 2009 (11:56 am)
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 Replies to this message: Car_man (Aug 25, 2009 2:33 am)
#1771 of 1835 Re: Completed 2009 Odyssey least at 525 p/month, 0 down [mvc1234] by hondabuyer8 Aug 04, 2009 (11:24 am)
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)
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!! Replies to this message: gt0279a (Aug 06, 2009 6:22 pm) Car_man (Aug 25, 2009 2:35 am)
#1773 of 1835 2009 Odyssey lease by gt0279a Aug 06, 2009 (6:22 pm)
Replying to: andy603 (Aug 04, 2009 11:30 am) Any info for current Odyssey Lease rates as well as for 2010 model? Thanks   Specifically looking at an EX-L w/ RES and NAV, 10k/yr 36mo Replies to this message: Car_man (Aug 25, 2009 2:35 am)
#1774 of 1835 2009 EX lease- need some help/guidance please by csholt Aug 23, 2009 (9:08 pm)
We are about to have our third child and currently drive (lease) a Chrysler Pacifica. Our lease has $2100 left in payments (plus wear/tear and a turn in fee regardless of when we turn it in) The car seats do not fit in our Pacifica and we want an Odyssey, not a Town and Country. I would really like the EXL but the EX fits better with our "budget" at the moment. A few questions- Is it beneficial to lease at month end as in THIS month (we know it's already model year end- or close enough since the 2010's are out) or should we wait till Labor day weekend? Looking on the Costco site, there was a message about a possible $1250 cash to dealer deal going on till 9/8 but it didn't sound positive about those findings... anyone? Anyone know what the current lease rates are? I'm looking into our Credit Union as well, trying to do as much "homework" before getting quotes/traveling to dealerships. I did submit a query through Costco to get a quote and researched here and CR for invoice and lowest paid. What is the lowest paid price anyway (for San Diego county)? I know better than to name a price and shop monthly payments (even though we need to stay below a certain monthly payment)... I have been using a lease calculator to do all those numbers up front but don't know what to use as the money factor (was using 0.0016 MF) and the Residual Value??? Was guessing around 50%??? (based on some reading here but it wasn't a recent date) Can anyone recommend a dealership in San Diego? Can someone better explain a manufacturer holdback? Looking to put nothing down, we have the $2100 of payments from our current car to add in, 36 month lease would be ideal but could go longer, 10-12k miles/year (we drive very little)   Any guidance and info would be much appreciated as I'm just learning as I go at this point Thanks! Replies to this message: Car_man (Aug 25, 2009 2:44 am) csholt (Aug 25, 2009 2:33 pm) Car_man (Sep 04, 2009 2:43 am)
#1775 of 1835 Re: Current lease rates? [andy603] by Car_man HOST Aug 25, 2009 (2:20 am)
Replying to: andy603 (Jul 16, 2009 10:18 am) Here you go andy603. Honda Finance's current buy rate lease money factor and residual value for a 24 month lease of a 2009 Odyssey Touring with 12,000 miles per year are .00285 and 51%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier. The numbers for an otherwise identical 36 month lease are an unattractive .00285 and 44%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1776 of 1835 Re: Lease 2009 odyssey [capricon] by Car_man HOST Aug 25, 2009 (2:30 am)
Replying to: capricon (Jul 17, 2009 9:34 am) Hi capricon. This van's lease payment will vary depending upon what sort of selling price you are able to negotiate. For now I will assume that you are able to get one for $500 over dealer invoice. According to my calculations, if you were to lease a 2009 Honda Odyssey EX-L with navigation and entertainment that has an MSRP of $37,915 and a selling price of $34,905 through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around $616. Ouch .   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1777 of 1835 Re: 2010 Odyssey EX resid and MF [vermin3] by Car_man HOST Aug 25, 2009 (2:33 am)
Replying to: vermin3 (Aug 03, 2009 11:56 am) Hi vermin3. Here's the information that you're looking for. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a base 2010 Odyssey EX with 12,000 miles per year are .00285 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1778 of 1835 Re: 2009 Odyssey lease [gt0279a] by Car_man HOST Aug 25, 2009 (2:35 am)
Replying to: gt0279a (Aug 06, 2009 6:22 pm) Here you go, gt0279a. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Odyssey EX-L with navigation, entertainment, and 12,000 miles per year are .00285 and 52%, respectively for consumers who qualify for its top credit tier.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1779 of 1835 Re: 2009 EX lease- need some help/guidance please [csholt] by Car_man HOST Aug 25, 2009 (2:44 am)
Replying to: csholt (Aug 23, 2009 9:08 pm) Hi csholt. Honda is not currently providing any lease support on the 2009 or 2010 Odyssey. Honda Finance's current buy rate lease money factor for a 36 month lease of either model is .00285.   The only incentive that Honda currently has on this van is $1,250 dealer cash on leftover '09s. This lack of support takes away any sense of urgency to get one before the end of the month. If anything, I personally would think that Honda's incentives on the Odyssey will eventually improve, not get worse. Of course, it is difficult to say exactly what manufacturers will do with their future incentive programs.   Given the fact that you still have over two grand left on your current lease, you would definitely be better off waiting to get something new.   I'm surprised that you can't fit two child seats in the back of your Pacifica. I have a vehicle that's around the same size as it, if not smaller, and I can easily fit two child seats for my kids in the back.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: csholt (Aug 25, 2009 2:33 pm) Car_man (Sep 04, 2009 2:43 am)

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