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Prices Paid: Buying & Leasing Experiences Honda Odyssey Prices Paid and Buying Experience
24381 messages, Last post on Dec 05, 2009 at 9:37 AM
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Replying to: sd_vanbuyer (Jul 05, 2008 7:42 pm) |
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Do you know what the July incentives are for the Odyssey? Thanks.
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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 |
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Replying to: benf (Jul 08, 2008 3:46 am)
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Replying to: mplshondadlr (Jul 08, 2008 6:24 am) 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.
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Replying to: benf (Jul 08, 2008 6:37 am) 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.
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Replying to: sjrsrini (Jul 08, 2008 7:01 am) 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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| Question: do we automatically get the special APR on top of the dealer cash (assuming excellent credit score)? Is the special APR from Honda manufacturer that the dealer has no saying? What I am saying is should I just negotiate and agree the price of the van and then ask for the special APR? Or include the special APR in the deal from the beginning? Thanks a bunch. | |
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I just looked back over the incentive bulletin again. I was wrong!!! The dealer either gets $2500.00 in dealer cash OR the consumer gets 0.9% or 2.9% and $1500.00 in dealer "finance" cash. For 07/08 through 09/02. If you still want the low-rate option, you have to add $1000.00 to the selling price. I am sorry for any confusion this may have caused  .
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