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Branford, Connecticut Honda Car Dealers

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Branford, CT Honda Car Consumer Discussions

Lease 2006 Odyssey EX-L RES vs. wait for 2007's??
by glenn06611 on Thu Aug 17 16:54:12 PDT 2006
Hi Car Man: Need your advice on a 2006 Odyssey EX-L RES (DVD) lease quote that we were just given in CT (Fairfield/New Haven Counties): Here are the details from a Branford, CT Honda dealer: MSRP: $32,945.00 Lease End Value %: 55.00% Exp. Annual Miles per years: 12,000 Mileage Penalty: $0.10 Lease End Value: $18,119.75 Lease Term: 36 Months Selling Price: $29,200.00 Cap Cost Reduction: $3,000.00 Acquisition Fee: $595.00 Adjusted Cap Cost: $ 26,795.00 Lease Factor: 0.00310 Tax Type: M Sales Tax Amount per month: $22.81 Base Monthly Rental: $380.22 Total Monthly Payment: $403.03 Security Deposit: $0.00 DMV Fees: $155.00 Doc Fee: $289.00 Tax on fees: $26.62 Cap Reduce Tax: $180.00 Amount Due at start (with a $3k cap cost reduction): $4,053.67 My questions: 1) The lease factor seems high. Is it the current rate that Honda Finance is using? 2) I cannot get 2007 Odyssey pricing yet, but I'm thinking that the residual value will be in the 61% range for this model. True? 3) If so for the 2007, do you think that a better lease deal on an '07 is likely to be had in September or October? Even if they only will do a deal at invoice +$800 to $1000 or so? Maybe we should wait for the '07's? What do you think, based on your knowledge of last fall's new model year roll-out? Our lease on an '03 Odyssey EX-L ends on 9/20/06, so we need to make a decision soon. Thanks so much! Glenn06611
Success in CT, 2006 CR-V LX 4wd for $19500
by mkosover on Wed May 31 17:42:49 PDT 2006
Just wanted to share my good story of shopping in CT. Got couple of good quotes at $19750. Told the dealer my target price was $19500, in 10 mins I had a verbal quote for $19500. Picked up the car today (5/31/2006), everything was as promissed and he even installed wheel locks at no additional charge. Excellent buying experiense. The dealer is Branfon Honda in Branford, CT. (the price included destination fee, the TTL and the DOC fees were extra) The sad part is that alot of dealers still dont understand what internet buyers expect. I want the best price upfront, instead they call me, reply with useless emails, etc.. I looked through this forum and gathered info on purchase prices for the car I was looking to buy. Yet one of the dealers tried to convince me that those prices are impossible and must be wrong or for different trims. Even after I told him I got a car at my offering price, he sad that its not possible Good luck to all buyers. These forums are the best research tool one can ask for, make sure you post your buying experience :)
Re: good price for an EX Auto 4 door
by stwgn45 on Mon May 08 09:50:52 PDT 2006
I am currently in the same boat, looking for an EX Civic in CT. I cannot get anyone to budge from sticker price, and it is difficult for me to justify that kind of money for a Civic. I have had a decent sales experience with Executive Honda in Wallingford, but terrible experiences with Brandfon Honda in Branford and Courtney Honda in Milford. I am considering a Mazda3, but my Mazda dealership experiences in CT have been dreadful.

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