A Coworker is looking for a Van, checking out the Certified pre-owned Honda Odyssey and found out that a low miles EX model would cost almost $25k. Then, we discovered that the VW Routan (aka Town and Country etc... ) are running some aggressive promotion.
0% up to 72 month in addition to $1500 cash, plus another $1~2k hidden rebate.
Yeah, i know someone might be looking at leasing it due to concern about long term reliability. Here it is
Routan S 36mo 15k/yr MF 0.00033 residual 38%
Routan S w/ rear entertainment system 36mo 15k/yr MF 0.00033 residual 36%
Routan SE 36mo 15k/yr MF 0.001 residual 38%
Routan SE w/ RES 36mo 15k/yr MF 0.001 residual 36%
So, in terms of monthly payment, you are looking at around $350 for 72mos ($0 down)
For lease, it's about the same payment but you need to pay the inception fee up front. As i always see, it's better to lease newer year model and purchase older year model because the residual for older model always kill the deal. I will check again for 2010 program when the van is available.
This was helpful - do you happen to have current MF and residual numbers for the 2010 SEL Premium model?
ReplyDeleteHi Ricardo, according to vw.com, the Nov 2009 program for the 2010 Routan S is
ReplyDelete52% with MF 0.00193 for 15k/yr 39mos
If you are thinking about leasing a van, i would recommend the Odyssey LX model.
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