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Prices Paid: Buying & Leasing Experiences Honda Odyssey Prices Paid and Buying Experience
20328 messages, Last post on Sep 04, 2008 at 9:23 PM
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Replying to: mplshondadlr (Jul 01, 2008 8:22 am) There are two Hendricks Honda stores -- one in VA and one in NC. VA sold 221 units in June while NC sold 352. 221 isn't that strong but perhaps in that area it's HUGE. 352 on the other hand is strong. Hendricks NC is ranked 18th in volume while VA is a dismal 139. are for total Honda units sold per month and not, total Odyssey units sold per month. Thanks.
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Replying to: mkopes (Jun 18, 2008 6:24 am) 32,500  3.9% Financing 33,000 2.9% 31,500 cash only. We wouldn't go with the first one because they didn't even bother to see if we'd quality for the 2.9, they just came back with 3.9 because my credit score was 6 points shy of qualifying (whatever). Last night the dealership we were at did a little more work and got us the 2.9 but the price was still a bit high for us. We got a cash only quote via email from a third dealership and they said it would be $1000 more if we financed. So, we're trying to get dealer number two to come down to the 31,500 with the financing. Is this a reasonable deal? Are we being unreasonable in trying to get them to come down to 31,500. The MSRP at the all dealerships around here is 36,445. Would we be better off waiting until the end of the month to try and negotiate? Any suggestions would be wonderful!!! Thank you.
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I have regularly been quoted 31,193 for an EXL R&N, WITH the cheap financing offer. Look for an earlier post from me where I quoted that from a dealer email. Last fall I was looking at an 07 new R&N and at that time the quote was 30,590...given the sucky market for big cars, I'd fight for that price now! |
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Replying to: benf (Jul 02, 2008 8:03 am) |
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Replying to: wisconsinmom (Jul 02, 2008 8:14 am)
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Replying to: gbaskar (Jul 02, 2008 11:07 am) My husband finally was able to negotiate 2.9/60 months, 1000 down, and a price of 31,000 - before tax, title, etc. I can post more specifics after we buy it, but we flanked all the Honda dealers in the area with emails and they were all coming back in the neighborhood of 32K We feel comfortable with the 31K given the MSRP on the vehicle is 36,445 in our area. Its about 15% lower than sticker. |
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Every quote I have received the dealers have told me that the low interest rate financing is not available at this price. Is this true or are they just jerking me around? I have been quoted $27,981 plus tags, title and tax. Having to get my own financing at CapitalOne means I am paying an additional $2k in finance charges. Help please. 
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Replying to: wisconsinmom (Jul 02, 2008 11:59 am) |
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To all of you (including me) waiting to hear on the July incentives before giving the "buy" order, Honda just announced their sales figures for June. For June, Odyssey sales were off 8.6% from June of last year: 15,516 units in '07 versus 12,602 for '08. YTD Odyssey sales are off 9.1% from 80,338 in '07 to 72,589 in '08. (All percentages reflect the daily selling rate as calculated with 24 days for June 2008, versus 27 for 2007. Year to date, the daily selling rate is calculated with 153 days for 2008, versus 154 for 2007.) By comparison, in May, monthly sales were off 18.0% compared to '07. Therefore, to some extent, it appears, all other things being equal, that the change in incentives from May to June (June included the special financing on top the the $2000) may have lessened the bleeding for Honda. Based these sales figures, I am not expecting to see any increase in the incentives. Had sales been off in June as much as they had in May, I might have expected additional incentives. I still plan on waiting, because, based on the sales figures, I don't think the incentives will be reduced. If you think part of the incentives will be disappearing on July 7th, now is the time to negotiate those deals. Otherwise, sit on the fence, like me and take a chance. Time will tell!
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Replying to: wisconsinmom (Jul 02, 2008 11:59 am)
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