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Honda Odyssey Lease Questions

1835 messages, Last post on Dec 02, 2009 at 6:34 PM
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Replying to: dkot (Nov 26, 2007 2:13 pm)
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Replying to: rchelasani (Nov 26, 2007 5:43 pm) |
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What are the pros / cons to consider when looking at entering into a lease for an Odyssey EX today vs. December vs. January ? How about for an 07 vs. an 08 model year ? I know that residuals drive the lease payments to a large degree. Are they likely to decrease from month to month? Is there an advantage to leasing today vs later in December ? I have a lease ending at the end of January on an 04 EX, and I'm just trying to determine if it makes sense to close a new lease now vs. later. Thanks in advance for any insight anyone may have.
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Replying to: esteeze (Nov 30, 2007 9:18 am)
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| In NJ, how does an exl with RES 900 down and 485 a month sound or 1627 down and 365 a month. includes taxes etc. 36 mon and 12000 miles. Would i get a better deal closer to xmas or even after?? | |
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2007 EX-L w/ RES selling price $27341 $804.00 drive off, no security deposit. 51% residual value .002800 (to waive security dep) 36 months 12k per year - $265.63 inc 8.25% tax how does that sound?
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Replying to: lonestar98 (Dec 03, 2007 1:59 pm) I'm guessing that you had a trade-in which reduced your capitalized cost, and resulting monthly payment. |
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Replying to: esteeze (Dec 03, 2007 2:19 pm) thank you for catching that. let's go through those numbers again 2007 EX-L w/ RES selling price $27341 $804.00 drive off, no security deposit. 51% residual value .002800 (to waive security dep) 36 months 12k per year - $465.63 inc 8.25% tax Here are the numbers for a 2008 2008 EX-L w/ RES selling price $31552 $860.00 drive off, no security deposit. 57% residual value unsure on the money factor 36 months 12k per year - $495.00 inc 8.25% tax
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Replying to: lonestar98 (Dec 03, 2007 3:25 pm) Do you think it could get better closer to xmas?
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Replying to: rykar (Dec 03, 2007 4:51 pm) as for getting better deals later on, i don't know. for now i'm going to hold on making a move as the deals don't seem to be that great. |
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