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I was wondering what residual values people were getting on '02 Odyssey leases? My local dealer tells me his computer that "always finds the best deal" comes up w/Honda Finance @ 55% for a 36 month term. Seems like a rip-off since I routinely see used Ody's going for a lot more than that but bankers gotta eat too I guess.

Any info on 36, 48 & 60 month leases?

BTW - I don't believe in leases that go longer than the warrantee period - why pay for repairs on a car you don't own? But I'm considering financing using a product called MAPS - it's a hybrid of a loan and lease and available through federal credit unions. Check it out at:
www.maps-mmss.com

Thanks, all.
 

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My dealer quoted me a residual value of 57% for a 2002 lx. Depreciation rate is 1.2% and lease rate is 4.0%. After you put calculate the actual rate, it is more closer to 5.1% financing rate. These are all Canandian figures.
 
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