You should try searching. There are several threads related to leasing the 2011 Odyssey.
Bought - couldn't pass up the 0.9% and I've never seen a financial advisor advise someone to lease.
ahem.. I think I'm losing mojo. Anyway, just for some sarcasm-- did read the header?:rollingeyes::redface:
DID YOU BUY OR LEASE UR ODY? HEHEHEHE
yup. 0.9% is a very good deal. other than the APR did you consider
I myself bought just the EX.. could NOT see myself leasing a minivan, but to each his/her own
So, you definitely believe in purchasing the cars but yet we have this thread. The idea of this thread is ........ ? I am afraid I don't understand why you'd post this if you already say you can't see yourself leasing.
I leased our first 2011 Touring but then got someone to buy me out of it and financed out Touring Elite with the .9% financing. Pricing was not fantastic on the van itself but we financed for 5 years and I didn't know how much better I'd be able to do on the pricing in the near future... which so far would be even worse since inventory hasn't improved yet. I figured out what the savings might be if I could get another 1-2K off the car but it wasn't that big a difference in the price. We are driving about 23k a year right now so it probably makes more sense for us to finance. Hopefully we will trade it in for a new van as soon as we make the last payment.
We had a decent money factor and I did better on the pricing on the Touring back in November... quite well considering the car had just come out... but I realllly wanted the TE.
I think for $2000 off the price of the vehicle we would have saved about $40 a month. If the .9% wasn't available for 60 months at the time we could finally get the van at the better price, then the savings was going to be negligible. Plus, inventory in my area is so scarce and I called at least 40 dealers in working the deal. Believe me.. no one was dealing on price and so I can't imagine pricing being much better for at least a year.just a quick note--- I'm NOT against leasing. I did lease once..
1K off is like $20-25.. was it difficult to get out of a lease? (never heard a new lease that was taken over/ buy-out)
PS. did the van depreciate that much? I'm actually worried on the van being a FWD that this might be really bad on snow/winter . so, we might go back to 4WD/AWD.. probably mazda CX-9
I think for $2000 off the price of the vehicle we would have saved about $40 a month. If the .9% wasn't available for 60 months at the time we could finally get the van at the better price, then the savings was going to be negligible. Plus, inventory in my area is so scarce and I called at least 40 dealers in working the deal. Believe me.. no one was dealing on price and so I can't imagine pricing being much better for at least a year.
Why do you think the van depreciated a lot? Our first held its value well which is why I was able to get someone to buy me out of my lease so early.