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Honda Odyssey Lease Questions

1839 messages,  Last post on Dec 08, 2009 at 6:44 PM

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#1746 of 1839 any lease rate info for 2009 Touring? by andy603 Jul 11, 2009 (4:37 pm)
Anybody have any lease quotes lately? looking for 2009 Touring for 36m x 12k.   thx
#1747 of 1839 Salesperson Shenanigans re leasing by hondabuyer8 Jul 13, 2009 (6:29 pm)
Shopping for an EX-L w/o RES or NAV, but would take one with it if I had to. Thought I'd share these two stories from (1) a NY dealer and (2) a NJ one.   NY: Visited a dealer who quoted me "mid 500s" with zero down (we agree I'll pay bank fee, 1 month, tax, and reg) to lease a Pilot and said the Odyssey would be less "since it's a less expensive car". So, I return to lease the Ody and see what happens. they only have one with RES and he quoted me $750 per month "because the DVD adds $3700 to the price of the car" (!). When I take a minute to explain that he's 40% over what he said and his math on the DVD is insane, he comes back with 625 per month. I say, wow, that's a lot of price flexibility, why don't you get it down to what you said, mid 500s (yes, I know that is too high still) and walk and he chases after me out the door but I'm done.   NJ: Same scenario, also a 36-month lease ZERO down. I get an email quote at 42 months (wrong), $520 per month [still too high but closer], "0 down + $1500 inception". I say, um, $1500 inception is not zero down and salesperson says, well, we're being honest because the bank might not approve your financing to get you to $520 so the $1500 reflects that!! I say try again I qualify for tier one financing and I get a new quote, still at 42 months but, I swear to the lord, the salesperson has divided $1500 by 42 and spread the it over the course of the lease plus 25cents per month so I'd actually be paying more. I move on and the quest for one honest car dealer continues..... Replies to this message: bigdadi118 (Jul 14, 2009 8:08 am) hondabuyer8 (Jul 17, 2009 9:42 pm) andy603 (Jul 18, 2009 3:51 am) and 4 more...
#1748 of 1839 Re: Salesperson Shenanigans re leasing [hondabuyer8] by bigdadi118 Jul 14, 2009 (8:08 am)
Replying to: hondabuyer8 (Jul 13, 2009 6:29 pm) It is NOT a good time to lease any Honda Odyssey, Pilot since currently no incentives and no lease specials offered by Honda.   Lease an Acura MDX base is much cheaper now $499/mo. with incentive / lease special http://www.acura.com/tools/shopping/CurrentOffers.aspx?model=MDX&modelYear=2009 Replies to this message: hondabuyer8 (Jul 17, 2009 9:42 pm) andy603 (Jul 18, 2009 3:51 am) bigdadi118 (Jul 18, 2009 8:57 am) and 3 more...
#1749 of 1839 Re: Lease payment [californialady] by Car_man HOST Jul 15, 2009 (1:59 am)
Replying to: californialady (Jul 04, 2009 6:36 pm) Hi californialady. Unfortunately, Honda pulled the plug on its support on trucks for July, so it won't be possible to repeat any of the June deals that you see mentioned here right now. The best that you can do at this point is negotiate a selling price that's as close to dealer invoice as possible, without the aid of any cash incentives.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: andy603 (Jul 15, 2009 2:37 am) Car_man (Jul 16, 2009 2:30 am) jayrider (Jul 17, 2009 10:47 am)
#1750 of 1839 Re: Lease payment [Car_man] by andy603 Jul 15, 2009 (2:37 am)
Replying to: Car_man (Jul 15, 2009 1:59 am) question Car Man- Im still a little confused. If you try to buy a car that has no apparent incentives, like the 2010 Pilot at the moment, at closest to invoice as possible, is the dealers profit only the diff btwn selling price and invoice? Or does the dealer have more margin somewhere else from say volume discounts or other incentives we can't see? For instance, I just got quote for 2010 Pilot with RES & NAV for $37, 750 +Doc. Thats only about $600 over invoice + 350 in doc for a total apparent profit of $1000. Once the dealer pays the salesperson a commission, that isn't much left over to keep the lights on. Believe me, I'm not socialist, but I do believe in fair profit and keeping people employed! Any clarification/insight appreciated! Replies to this message: Car_man (Jul 16, 2009 2:30 am) jayrider (Jul 17, 2009 10:47 am)
#1751 of 1839 Re: Lease payment [andy603] by Car_man HOST Jul 16, 2009 (2:30 am)
Replying to: andy603 (Jul 15, 2009 2:37 am) Yes, andy603. If you purchase a vehicle that does not have any cash incentives available on it, the only profit on the deal is the difference between the vehicle's invoice price and its selling price plus whatever holdback money they get. You're right, there's not a lot of money in new vehicle sales. Most dealerships barely make a profit on their new vehicle operations. Things like used vehicle sales and service enable them to keep the lights on.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#1752 of 1839 Current lease rates? by andy603 Jul 16, 2009 (10:18 am)
Anybody have any current matrix of various lease rates for 2009 Touring w/out PAX for 24 and 36m 10k and 12k miles (residuals and money factors too)   thanks! Replies to this message: Car_man (Aug 25, 2009 2:20 am)
#1753 of 1839 Lease 2009 odyssey by capricon Jul 17, 2009 (9:34 am)
Hi Carman, I am trying to find out how much the monthly payment would be for an EX-L with NAVI and RES. 12000 per year and 0 down   We are located at North New Jersey  Can you please help me with this, thank you very much Replies to this message: mrthnman (Jul 17, 2009 9:40 am) Car_man (Aug 25, 2009 2:30 am)
#1754 of 1839 Re: Lease 2009 odyssey [capricon] by mrthnman Jul 17, 2009 (9:40 am)
Replying to: capricon (Jul 17, 2009 9:34 am) you need to give carman the msrp & the selling price
#1755 of 1839 Re: Lease payment [andy603] by jayrider Jul 17, 2009 (10:47 am)
Replying to: andy603 (Jul 15, 2009 2:37 am) You might try shopping at the end of the month to see if the deal is a bit better. There may be manufacturer incentives. Maybe not. I'd wait a month or two or three.

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