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Honda Odyssey Prices Paid and Buying Experience

24381 messages,  Last post on Dec 05, 2009 at 9:37 AM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

What is this discussion about? Honda Odyssey, Van


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#19667 of 24381
New incentives by notchf15
Jul 07, 2008 (1:33 pm)
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Are the new incentives out? I was just told by DFW area dealer that the incentive went to 2500 but did not include a financing option with it...anyone else?
#19668 of 24381
Re: 08 Honda Odyssey, Ourisman Honda and Volkswagen in Laurel, Maryland [bigdadi118] by iamfrank
Jul 07, 2008 (1:38 pm)
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Replying to: bigdadi118 (Jul 04, 2008 2:33 pm)

I am surprised a dealer would behave in such a manner, but not a potential client. It may come as a surprise to many people, but the dealerships are in business to make money. I believe competition has forced shrinking margins on the dealers and the economy has lowered their volume.... which equals, sadly, is that car dealers are now hiring their sales staff by the pound, not on ability or ethics. As for the angered potential customers ... move on ... there are plenty of other dealers to work with and life is too short to be angry. Any who ... just for a laugh ... I was trying to purchase a car from Bloomfield Honda in the Detoilet (Detroit) suburbs. I couldn't get the salesman to follow through on returning calls or emails ... until finally he sent me an email as follows:
 
What do you possibly need of my time? You've test drove the car 3 times. You told me your wife would make the decision and I don't have time for you anymore ...
 
I responded to him by stating a few facts: I know we all look the same, but A. I visited your dealership on a Saturday when you were too busy ... which I am happy for you .... B. I explained to you I don't feel test driving a minivan is necessary. After all, this isn't a Ferrari. C. I am not married (actually happily divorced :op ) ... and knowing the sad state of the economy in Detroit I apologize for interrupting your day ...
 
Like I said before ... always negotiate and/or leave the dealership with a smile ... it doesn't cost anything....
 
 .... and no, I still haven't picked up a van yet. I think I intimidate the dealers by axing "so ... what is the price" :Op
#19670 of 24381
Re: Costco price for SoCal [sd_vanbuyer] by sesarj
Jul 07, 2008 (9:13 pm)
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Replying to: sd_vanbuyer (Jul 05, 2008 7:42 pm)

The offered $500 over invoice, -$1000 incentive, so it was the same offer I had already seen (500 under invoice). What did you end up with? and from where?
#19671 of 24381
To: MPLSHONDADLR by benf
Jul 08, 2008 (3:46 am)
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Do you know what the July incentives are for the Odyssey?
 
Thanks.
#19672 of 24381
Good Deal? by bbatelli
Jul 08, 2008 (5:54 am)
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Just wanted to make sure that I made a good deal last night in NJ.
 
2008 Odyssey EX-L w/RES no NAV
Lease: $414 per month (includes tax)
Tax: 7%
$0 down
Fees: $889 (included MV and other state taxes)
 
After tough negotiations, I was able to get the dealer to pay 2 monthly payments out of three on my 2005 Acura MDX. I paid the third, which works out to $9 a month on the lease.
 
So all in all the total was $405, including tax.
 
Thanks
#19673 of 24381
Re: To: MPLSHONDADLR [benf] by mplshondadlr
Jul 08, 2008 (6:24 am)
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Replying to: benf (Jul 08, 2008 3:46 am)

$2500.00 dealer cash and the same APR special. This offer expires 09/02. Not the huge jump in dealer cash or the zero percent APR that some have speculated.
#19674 of 24381
Re: To: MPLSHONDADLR [mplshondadlr] by benf
Jul 08, 2008 (6:37 am)
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Replying to: mplshondadlr (Jul 08, 2008 6:24 am)

Thanks,
 
Given June sales, that is actually somewhat better than I thought it might be. I was thinking no change. $500 is way better than nothing. Thanks again.
#19675 of 24381
Re: To: MPLSHONDADLR [benf] by sjrsrini
Jul 08, 2008 (7:01 am)
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Replying to: benf (Jul 08, 2008 6:37 am)

I got a quote from couple of dealers yesterday in the Raleigh area, The deal really seems to be the following
 
1) 2000 Dealer Incentive + .9 or 2.9 APR
 
2) 2500 Dealer Incentive + no APR reduction
 
Can anyone confirm that this is the case? If so, There is not much of a change. If you are paying cash then maybe 2 is good but otherwise no change since what we have been already having.
#19676 of 24381
Re: To: MPLSHONDADLR [sjrsrini] by benf
Jul 08, 2008 (7:21 am)
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Replying to: sjrsrini (Jul 08, 2008 7:01 am)

MPLSHONDADLR has stated, with significant authority, that the new incentives, at least in the MPLS region, are $2500 and the special financing that was in place last month. Maybe it is different in NC.
 
As I have stated in previous posts, the special financing of 0.9% for 3-years is typically worth about $1500 to the average Odyssey buyer that qualifies. If it is actually $2000 and the special APR or $2500 and no special APR, for most buyers, the decision should be obvious.
 
Last month's Ridgeline incentives were more in line with my reasoning. If I understood correctly, Honda offered Ridgeline buyers either $3000 and special APR or $4500 and no special APR, making the 'value' of the APR $1500.

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