Signed Today: 2019 Honda Odyssey EX-L (No Nav, No RES) @ $2000 DAS (1st payment included) $401/Month

honda
minivan
ca-norcal

#1

**Year, Make, Model, and Trim:
** 2019 Honda Odyssey EX-L (No Nav, No RES),Crystal Black Pearl Exterior, Mocha Interior

$2,000 down payment (includes 1st monthly payment, dmv, all fees) $369 before tax, $401 after tax.

NorCal people interested, PM me for dealer contact information.

MSRP: $ 38,755
Selling Price: $33,991
Monthly Payment: $369 before tax, $401 after tax
Cash Due at Signing: $2000 (includes 1st monthly payment, dmv, all drive off fees included)
MSD: 0
Incentives: None

Months: 36 months (3 year lease)
Annual Mileage: 12k miles
Residual: 60%

Region: Northern California


#2

what’s the MF on this?


#3

So figure 35x400=14000 plus 2000 tdas is 16000 over 3 years. If you purchased this vehicle outright for 38k plus tax DMV etc that’s about 42k. If you can sell the car after 3/36 and get more than 26k you’re ahead. But you will have to show the car, and go through all that hassle. Plus 26/38 is 68% resid, that sounds high. Plus if you don’t want to fork over 42k you’ll have to finance and that is even more than 42k over time. My guess is you won’t get 26k so this actually seems like it’s worth it to lease if not just to have a new Oddy every 3 years and always be in warranty.
Do my numbers and assumptions add up?


#4

Assuming OP buying it for MSRP isn’t realistic.


#5

Ah yes so there’s let’s say 5k margin there. If 5k off msrp was doable, selling for 21k would be break even. Still not a big premium for having a new one every 3 years