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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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#1818 of 1835
Re: Are California Residuals different [socal_bbfan] by Car_man HOST
Nov 11, 2009 (3:29 am)
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Replying to: socal_bbfan (Nov 08, 2009 9:57 am)

Hello socal_bbfan. It's strange that the dealer would quote you a different residual value on this car given the fact that dealers do not have the aithority to alter Honda Finance's published residual values. Honda Finance's current 36 month, 12,000 mile per year resid for a 2010 Odyssey EX-L with the RES is 52%. With RES and NAV it drops slightly to 51%. Make sure that the dealer uses these resids to calculate your payment, or find a different dealer that won't play games with you...there's plenty of them in Cali.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1819 of 1835
Re: 2010 EX-L w/RES and NAV rates [groundsloth] by Car_man HOST
Nov 11, 2009 (3:36 am)
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Replying to: groundsloth (Nov 09, 2009 4:57 pm)

Hey groundsloth. Honda Finance's November buy rate lease money factor and residual value for a 36 month lease of a 2010 Odyssey EX-L with RES, NAV, and 12,000 miles per year are .00139 and 51%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#1821 of 1835
Residual/mf on 2010 EX by robbyg
Nov 11, 2009 (4:34 pm)
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Hi Car_man, can you confirm that the residual on a 2010 EX for 36 mos/12K per year is still 56% and the money factor is .00139? I'm in the Los Angeles area. Also, when do the residuals typically change, and do you think it will be the same in December?
 
Finally, if you can stop by the Toyota Sienna Lease forum when you get a chance, I was inquiring there about lease rates from Toyota since I want to see how they stack up to Honda.
 
Thanks!
#1822 of 1835
Re: lease swap-buyout question [tac99us] by yortiz
Nov 12, 2009 (8:55 am)
Reply

Replying to: tac99us (Nov 10, 2009 9:35 am)

I know the credit union paid Honda the payoff and then I signed an odometer statement. Don't think I signed it over as a gift though. I do know we didn't pay sales tax twice. Sorry I don't have better details...
#1823 of 1835
Re: lease swap-buyout question [yortiz] by jayrider
Nov 12, 2009 (9:04 am)
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Replying to: yortiz (Nov 12, 2009 8:55 am)

In illinois you are taxed on the book[?] value of your car -- not what it cost you if the number is too low [zero]. You can give cash up to a certain amount with no tax but cars get charged when you get a new title/registration. Otherwise folks would under represent the bill of sale from an individual to lower taxes.
#1824 of 1835
Lease rates for Odyssey Touring by artfog
Nov 12, 2009 (11:28 am)
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Hi car man,
What's the money factor and residual for the 2010 Ody Touring. Same as EX with Res/Nav?
Thanks
#1825 of 1835
Re: Lease rates for Odyssey Touring [artfog] by artfog
Nov 13, 2009 (3:26 pm)
Reply

Replying to: artfog (Nov 12, 2009 11:28 am)

Well I just leased a Touring today with Money Factor 0.00139 and Residual of 51%.
3 years ago my residual was 58% - interesting why it dropped so much.
#1826 of 1835
Re: lease swap-buyout question [jayrider] by tac99us
Nov 16, 2009 (1:14 pm)
Reply

Replying to: jayrider (Nov 10, 2009 8:07 am)

Is there any advantages to buying out the lease through a honda delearship? Any difference in warranty or anything?
 
The only thing I can think of is that if i go to a honda delearship they PROBABLY won't charge me , where as if i go to a VW delearship they may.
 
Our local Honda place is a joke, i get a different answer everytime i call.
 
thanks in advance

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