- #1736 of 1835
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Re: Residuals and money factors on a 2009 Odyssey LX and EX [mrthnman]
by Car_man HOST
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Jun 30, 2009 (3:00 am)
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Replying to: mrthnman (Jun 20, 2009 5:41 pm)
Hey mrthnman. Let's work up a payment on this van and see what we come up with. According to my calculations, if you were to lease a 2009 Honda Odyssey Touring without PAX that has an MSRP of $41,215 and a selling price of $34,000 (which is an amazing $887 under dealer invoice minus all of the available incentives) through Honda Finance right now for 36 months with 12,000 miles per year, its zero down, pre-tax monthly payment would be around $550. Wow, that's a lot of money for a van, even with this amazing selling price.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1737 of 1835
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Re: EX ATL area [guaranteed]
by Car_man HOST
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Jun 30, 2009 (3:06 am)
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Replying to: guaranteed (Jun 24, 2009 8:38 am)
Hi guaranteed. The easiest way for me to evaluate these two deals is to take a look at the selling price that they are based upon. This is a very important number for you as a consumer to know anyhow. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number it is difficult to tell how large a dealer discount you are bring given. Let us know what this van's selling price is and I'm sure that either myself or another knowledgeable community member will gladly let you know what they think.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1738 of 1835
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Re: EX-L Lease Deal [maytal]
by Car_man HOST
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Jun 30, 2009 (3:12 am)
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Replying to: maytal (Jun 26, 2009 1:02 pm)
hi Maytal . The dealer invoice price of the Odyssey that you are interested in is $30,745. If one subtracts the available $1,500 dealer cash from that, it drops to around. Dealers have the ability to earn another $1,000 dealer cash from Honda. The selling price that you were quoted is lower than invoice minus all off the available cash incentives. This is an excellent deal.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1739 of 1835
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Re: Odyssey EX-L [pilot25]
by qcbook
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Jun 30, 2009 (11:16 am)
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Replying to: pilot25 (Jun 29, 2009 7:59 pm)
pilot25
I am also in the NYC area looking for a 09 ex-l -- can you please tell me which dealer quoted you that price?
thanks
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- #1740 of 1835
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Re: 09 ODYSSEY EXL + RES [glebedin]
by Car_man HOST
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Jul 01, 2009 (1:56 am)
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Replying to: glebedin (Jun 27, 2009 3:08 am)
Congratulations on getting your new Odyssey, glebedin. It sure sounds like you had a pleasant dealer experience. If you'd like to tell others about it in greater detail, you can do so over in the Dealer Ratings & Reviews section of this site.
Enjoy your new ride!
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1741 of 1835
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Re: Lease payment [siameses]
by Car_man HOST
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Jul 01, 2009 (2:14 am)
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Replying to: siameses (Jun 28, 2009 7:34 am)
Hi siameses. I cam work up a lease payment on this van for you. According to my calculations, if you were to lease a 2009 Honda Odyssey EX-L with navigation & RES that has an MSRP of $37,665 and a selling price of $30,800 through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, prre-tax monthly payment would be around $514...assuming that you qualify for its top aka "Super Preferred" credit tier. The payment for an otherwise identical lease with only 12,000 miles per year would drop to around $495.
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
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- #1742 of 1835
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Odyssey Ex
by pilot25
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Jul 01, 2009 (6:02 am)
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I had posted my offer but the dealer apparently thought I was talking about the EX.
He also said that the newspaper ad was from a different bank not Honda Financial. Is it better to go through Honda Financial and get the 1500 wear and tear, 12k miles, and roadside assistance? At the end of the lease will they nitpick over every little scratch from the other bank?
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- #1743 of 1835
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CaliforniaLady
by californialady
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Jul 04, 2009 (6:02 pm)
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I am looking for a lease for a 2009 Odyssey with Navi and Res.and I live in Southern California. I also want to lease with 0 down. Please let me know what kind of deal I can get.
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- #1744 of 1835
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Re: Lease payment [Car_man]
by californialady
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Jul 04, 2009 (6:36 pm)
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Replying to: Car_man (Jul 01, 2009 2:14 am)
Hi car man,
How do I get this deal on an Odyssey with 12,000 miles per year?
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- #1745 of 1835
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2009 EX Lease
by hcviana
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Jul 05, 2009 (1:23 pm)
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Currently considering a 36 month/15K mile lease on an Odyssey EX as follows:
$850 down and $399/mo including 6% Florida tax.
I understand the money factor and residual for this deal are .0025 and 50% respectively.
The $399 corresponds to approximately $25,000 Total cap cost.
Is this a good deal?
The $2500 cash incentive supposedly expires tomorrow.
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