- #61 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [gmarga56]
by peepeye
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Nov 23, 2005 (4:42 am)
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Replying to: gmarga56 (Nov 22, 2005 6:01 pm)
I also live in NY (LOng Island) and am looking for the same car. The quotes I received ranged from 32,000 (laughable) to $29,690. If true, your quote sounds good. Just watch out for unneccesary add ons or unusually high document fees. Be firm because although the ODY is a great vehicle, I think all of the dealers are feeling the pinch of the Employee pricing programs from last summer and the current FORD/GM promotions. I have been checking ODY inventories in the LI/NYC area and I find that there are plenty cars to go around. Good luck and please let know how you made out as I will buy in the next month. if you got a great deal and weren't cheated please post the name of the dealer.
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- #62 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [gmarga56]
by oddman1
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Nov 23, 2005 (10:54 am)
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Replying to: gmarga56 (Nov 22, 2005 6:01 pm)
I have "built" a spreadsheet that I use for leasing and based on your numbers, that's exactly the monthly payment I come up with. Sounds to me like "negotiable price" is one that can move down if you push. Watch out for acquisition (up front) fee and disposition (back end) fee. I would negotiate that price (CAP cost)first to lick that part of the leasing equation in. Residual and interest rate are negotiable too. Maybe ask dealer to "shop" leasing companies for you to see different residuals and rates.
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- #63 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [peepeye]
by oddman1
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Nov 23, 2005 (10:56 am)
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Replying to: peepeye (Nov 23, 2005 4:42 am)
God info. How do you check inventories in a given area? Do you go to each dealer's web site?
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- #64 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [oddman1]
by gmarga56
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Nov 23, 2005 (4:24 pm)
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Replying to: oddman1 (Nov 23, 2005 10:54 am)
Much thanks oddman - will make sure whn i go.
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- #65 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [oddman1]
by gmarga56
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Nov 23, 2005 (4:29 pm)
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Replying to: oddman1 (Nov 23, 2005 10:56 am)
From this site I went to the list of dealers in my area and expressed an interest in the said vehicle. Many dealers responded via email and a few called. If you go to the dealers area, there are links to send an email requesting what you are looking for. I said that I was ready to go tomorrow if the price was right and right now I'm down to two dealers. Will probably be going this weekend. as far as inventory goes, that doesnt seem to be a problem, Both dealers said they could get the vehicle in the colors i wanted in a day or two if they didnt have them in stock. I think Honda is just churning them out so fast. Will kepp all updated and thanksfor the responses.
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- #66 of 1835
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Re: New Money factor on 11/2? [sesarj]
by Car_man HOST
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Nov 27, 2005 (6:23 am)
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Replying to: sesarj (Nov 08, 2005 10:48 am)
You're welcome, sesarj. $100 over invoice for an Odyssey sounds like a great deal to me. Good luck.
Car_man
Host
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- #67 of 1835
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Re: Hello - I am looking to lease an '06 touring with NAV. [queensody]
by Car_man HOST
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Nov 27, 2005 (6:30 am)
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Replying to: queensody (Nov 08, 2005 8:40 pm)
No problem, queensody. Let's work up a couple of lease payments on this van for you and see what we come up with. According to my calculations, if you were to lease a 2006 Honda Odyssey Touring with navigation with an MSRP of $39,250 and no discount through Honda Finance right now for 36 months with 12,000 miles per year, your zero down, pre-tax monthly payment should be around a whopping $612.39. If the selling price for an otherwise identical lease was reduced to $38,000, the payment would drop to around $575.
Car_man
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- #68 of 1835
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Re: 2006 OdysseyTouring nav & DVD in NJ [andrewlondon]
by Car_man HOST
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Nov 27, 2005 (6:31 am)
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Replying to: andrewlondon (Nov 14, 2005 7:17 pm)
Hi andrewlondon. It would be a big help if you would provide me with the full MSRP of this van. Not only will it show me how much of a discount you are being given on it, it will also help me to estimate what its lease payment should be using Honda Finance's actual lease program.
Car_man
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- #69 of 1835
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Re: 2006 Honda Odyssey EX-L w/ DVD [parasut]
by Car_man HOST
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Nov 27, 2005 (6:33 am)
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Replying to: parasut (Nov 16, 2005 3:58 pm)
Hi parasut. It would be much easier for me to calculate this vehicle's lease payment if you you would provide me with its full MSRP (including the destination charge).
Car_man
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- #70 of 1835
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Re: Honda EXL w/ RES - am i missing anything?? [gmarga56]
by Car_man HOST
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Nov 27, 2005 (6:39 am)
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Replying to: gmarga56 (Nov 22, 2005 6:01 pm)
I'm glad that you have found this discussion so informative, gmarga56. The selling price that you were quoted sounds like a good deal to me. $500 over invoice is a fairly low opening bid by a dealer, but I have seen tons of community members get an Odyssey for around this price lately so it definitely is realistic. The lease money factor that you mentioned ie correct. Using the prices that you mentioned in your post, I came up with a zero down, pre-tax monthly payment of around $404, so the payment that you estimated (including tax) looks about right to me. I don't necessarily think that the fact that the dealer indicated the price that you were quoted is negotiable is a problem. Perhaps you can get an even better deal than this, like right around dealer invoice.
Car_man
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