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Honda Odyssey Lease Questions

1840 messages, Last post on Dec 09, 2009 at 3:36 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: hondabuyer8 (Jul 22, 2009 1:10 pm)
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Replying to: andy603 (Aug 04, 2009 11:30 am) Specifically looking at an EX-L w/ RES and NAV, 10k/yr 36mo
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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!
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Replying to: andy603 (Jul 16, 2009 10:18 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: capricon (Jul 17, 2009 9:34 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: vermin3 (Aug 03, 2009 11:56 am) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: gt0279a (Aug 06, 2009 6:22 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: csholt (Aug 23, 2009 9:08 pm) 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
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Replying to: Car_man (Aug 25, 2009 2:44 am) We have a connection in our area (not the quote I was given yesterday!) but if the car is not available, there's nothing we can do even with the connection. I agree that they will improve on their incentives, especially now that CFC is over, but we have a small window of when we need to get into a larger vehicle... would we like to wait till our current lease balance is lower? absolutely. We just are hoping to slide into the end of an opportunity and get lucky with finding the trim model for the 2009 price we want. Oh we can fit two child seats in the Pacifica no problem... we have a third baby coming soon
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Replying to: csholt (Aug 25, 2009 2:33 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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