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Honda Odyssey Lease Questions

1840 messages,  Last post on Dec 09, 2009 at 3:36 AM

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

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#1789 of 1840 2010 EX & EX w/ RES by mpopick Oct 24, 2009 (11:30 am)
Hi, I am interested in leasing the above for 36 mos & 12K miles. Would anybody have the October residuals & money factor? Replies to this message: Car_man (Nov 04, 2009 3:14 am) tga01 (Nov 04, 2009 4:34 am) Car_man (Nov 11, 2009 3:12 am)
#1790 of 1840 dvd question!!! by mosherinc411 Nov 01, 2009 (4:51 am)
Just leased a 2010 Odyssey ex...36 months...want to know if I can have a wireless dvd system installed by a local business???? Replies to this message: jayrider (Nov 01, 2009 7:34 am)
#1791 of 1840 Re: dvd question!!! [mosherinc411] by jayrider Nov 01, 2009 (7:34 am)
Replying to: mosherinc411 (Nov 01, 2009 4:51 am) As long as you can remove it with out damaging the interior -- no problem. If you purchase the van at lease end no problem. If you have to modify the interior in such a way that you can't remove the system -- could be a problem. Money will solve any problem of course -- your money.
#1792 of 1840 New Incentives by jrw118 Nov 01, 2009 (12:44 pm)
Any guesses if there will be any incentives for a lease of a 2010 lx or ex? Also when would be the best time? We are ready but not in a rush. Want to get the best price. Just saw an add today for an LX $0 down and $299 a month. Sounds attractive but would love to get the ex if possible. Any chance of seeing pricing in that neighborhood for the ex? Replies to this message: ojha (Nov 02, 2009 9:45 am) Car_man (Nov 04, 2009 3:16 am)
#1793 of 1840 Re: New Incentives [jrw118] by ojha Nov 02, 2009 (9:45 am)
Replying to: jrw118 (Nov 01, 2009 12:44 pm) I got 2010 - LX 26,700 OTD don't know about EX price
#1794 of 1840 Re: 2010 EX & EX w/ RES [mpopick] by Car_man HOST Nov 04, 2009 (3:14 am)
Replying to: mpopick (Oct 24, 2009 11:30 am) Hi mpopick. Honda Finance's November buy rate lease money factor and residual value for a 36 month lease of a 2010 Odyssey EX without RES with 12,000 miles per year are .00139 and 56%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.   The money factor for an otherwise identical lease of a '10 Odyssey EX with RES would be the same, but its residual value would be 55%.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: tga01 (Nov 04, 2009 4:34 am) Car_man (Nov 11, 2009 3:12 am)
#1795 of 1840 Re: New Incentives [jrw118] by Car_man HOST Nov 04, 2009 (3:16 am)
Replying to: jrw118 (Nov 01, 2009 12:44 pm) Hi jrw118. Honda is not providing any cash incentives at all on the 2010 Odyssey in November, just a special lease program. It is difficult to predict exactly when Honda will introduce cash on the '10 Odyssey. Honda did introduce cash on the 2009 Odyssey in January of this year, but there's no guarantee that it will do so with the '10 model in a couple of months.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1796 of 1840 Re: 2010 EX & EX w/ RES [Car_man] by tga01 Nov 04, 2009 (4:34 am)
Replying to: Car_man (Nov 04, 2009 3:14 am) CAR Man   Would you have the November Lease Rates / Residual for an 2010 Odyssey EX-L with RES and NAV. for 15,000 miles ??   THANK YOU SO MUCH in Advance !!!! Replies to this message: Car_man (Nov 11, 2009 3:12 am)
#1797 of 1840 Odyssey lease rates by barrybuckeye Nov 04, 2009 (6:45 pm)
Car_Man,   In NC EX-L with RES, told dealer would "sell" at invoice price of $32,531 and the MSRP is $35,715 51% residual with 15,000 miles 36 month lease   I have $2,500 in an equity trade.   My calculation shows: 2010 Odyssey EX-L RES MSRP $35,715.00 Invoice $32,531.00 Equite ($2,500.00) Quoted Offer from Dealer $30,031.00 Doc Fees $399.00 Residual Percentage 51% Residual (always quoted as % of MSRP) $18,214.65 Money factor 0.00158 Interest payment $76.86 Portion of car used $339.32 Lease fee $416.17   Dealer says it should be $445/month. Are my residual numbers correct? Am I missing something?   Thank you Replies to this message: Car_man (Nov 11, 2009 3:17 am)
#1798 of 1840 NC EX-L with RES by barrybuckeye Nov 06, 2009 (2:26 pm)
Ok,   It is always nice when folks post results, so here is mine:   36 month lease 15,000 miles   Odyssey Cap cost at $32,531 plus $399 for doc fees Money factor .00139 Residual 50%   Equity $2,500   Monthly $412 plus tax (3% in NC) for $425 total out the door.   I would not have done this without equity from my 07 Odyssey EX-L RES lease. I had a payoff of $18,666 and they offered the above mentioned $2,500 above that for the vehicle. Otherwise, leasing would have been virtually $500/month and there are too many options when it gets to that number.   Good luck and hope this helps someone.

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