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Honda Odyssey Prices Paid and Buying Experience

24348 messages,  Last post on Nov 28, 2009 at 10:33 PM

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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#20557 of 24348
Re: Buying Honda Odyssey 2008 EX-L [g15] by kyfdx HOST
Sep 25, 2008 (11:16 am)
Reply

Replying to: g15 (Sep 25, 2008 10:52 am)

I'd classify that as a gimmick... Or, maybe legitimate, if it only applies to their Chevy dealership..
 
I don't have much experience with that dealership... I've always put them right in the middle, as far as the chances of getting a good deal in Cincinnati..
 
Invoice minus incentive minus holdback.... That is where I would start.. I doubt the employee price will mean anything, if it even applies..
 
regards,
kyfdx
#20558 of 24348
Better incentive in October? by zgeist
Sep 25, 2008 (11:25 am)
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I've seen this question posted, but no one has responded so far.
 
The incentive right now is $3500 and it ends 9/30.
 
What are the chances that there will be an even better incentive for the 2008 models in October? After all, Oct is only 6 days away and from what I've seen there are still plenty of 2008 Odyssey's on the lots.
 
Thanks.
#20559 of 24348
Re: Buying Honda Odyssey 2008 EX-L [kyfdx] by g15
Sep 25, 2008 (11:34 am)
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Replying to: kyfdx (Sep 25, 2008 11:16 am)

Well..if I can talk my wife into checking it out tonight I'll let you know. The internet quote I got from them was $27,400.(invoice - incentive - holdback is around $26,100 I think)
 
Do you have any advice on trade ins? I have a 2003 odyssey with 65000 miles. KBB says $9000 for "fair" condition. I think the car is in "good" condition. Any idea what to expect?
#20560 of 24348
Re: Buying Honda Odyssey 2008 EX-L [g15] by kyfdx HOST
Sep 25, 2008 (11:50 am)
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Replying to: g15 (Sep 25, 2008 11:34 am)

If the new ones are going cheap, then the used ones are bound to take a hit..
 
It's hard to believe that your '03 Odyssey wouldn't be worth $10K, though...
 
Check out the Real World Trade-In Values discussion for a good estimate on your current ride.
 
regards,
kyfdx
#20561 of 24348
Re: Purchasing tomorrow - Either EXL or EXL - RES [zgeist] by nobodyyouknow
Sep 25, 2008 (12:10 pm)
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Replying to: zgeist (Sep 25, 2008 11:09 am)

"Is it true that all the other fees should be the same at every dealership? She said doc fees for example should be $150 in Illinois. "
 
Yes, but only within a given state. That's why you ask for it itemized penny by penny before you walk into the dealership to make sure you can compare accross dealerships. When I was working my deal, I found out (just like you did by backing out the numbers), that the OTD was being figured on a price that was $100 higher than the quoted price. It was an honest mistake, but we fixed it.
 
Also, doc fees can vary from dealer to dealer - some states regultae the fee and it is fixed at a certain amount. Again, that's why you get it itemized, penny by penny.
 
You were 100% right to demand an OTD price over the phone or email.
 
And in this market, don't pay extra for the dealer installed accessories that are already on the car.
#20562 of 24348
Re: Buying Honda Odyssey 2008 EX-L [g15] by nobodyyouknow
Sep 25, 2008 (12:13 pm)
Reply

Replying to: g15 (Sep 25, 2008 11:34 am)

"Do you have any advice on trade ins?"
 
Yes, don't trade in if you can avoid it at all. You're better off selling it yourself and getting a rental for a week while you negotiate on the new car. I bet you'll save at least $1500 if you did that.
 
Anytime you trade in you're leaving thousands of dollars on the table.
#20563 of 24348
Re: Purchasing tomorrow - Either EXL or EXL - RES [tom200] by coasttocoast
Sep 25, 2008 (12:52 pm)
Reply

Replying to: tom200 (Sep 24, 2008 3:18 pm)

Here are a few more "donkey punch" posts worth reading:
 
#17261
donkeypunch1, "Honda Odyssey Prices Paid and Buying Experience" #17261, 18 Nov 2007 2:25 pm
Re: Probably not... [jaytaylor1974] by donkeypunch1
 
#17334
donkeypunch1, "Honda Odyssey Prices Paid and Buying Experience" #17334, 20 Nov 2007 8:21 pm
Re: Excellent Experience [siggie1] by donkeypunch1
 
#17507
jmarrin, "Honda Odyssey Prices Paid and Buying Experience" #17507, 30 Nov 2007 4:24 pm
Tweaked Donkeypunch Method & Bot Yesterday by jmarrin
#20564 of 24348
Re: Better incentive in October? [zgeist] by joebert
Sep 25, 2008 (12:58 pm)
Reply

Replying to: zgeist (Sep 25, 2008 11:25 am)

Drawback on waiting is a smaller selection, and it is possible the incentives are not as good in October. However, there is nothing in the economy that is suggesting things are going to get better for a while. Prices will stay down, especially while inventory is up. Honda, Dodge, & Chrysler all seem to still have significant inventory right now. I'm not sure on Nissan or Toyota or the others.
#20565 of 24348
Re: Better incentive in October? [zgeist] by phatlipboardz
Sep 25, 2008 (1:23 pm)
Reply

Replying to: zgeist (Sep 25, 2008 11:25 am)

I actually thought the same thing. It does seem like folks are wanting to wait until October just to see (I wanted to), but I have also seen on other forums, here and actually the inventory at the dealerships slowly being bought up. There are still a number of 08s out there, but if you have a particular color in mind you might want to jump on it.
 
Hopefully I am not shooting myself in the foot here, but I started becoming unsure of waiting for "better" incentives. I didn't jump on the Nissan deal that ended this month and lost out on 10,500 off sticker price. Of course there aren't that many 08 Quests out there like odys, but I just don't want to take that chance. A few hundred bucks either way isn't going to kill me.
 
The dealership that I am dealing with is basically giving me "dealer cash" of 2,500 on top of the 3,500, but quite frankly, I just see this as they are starting with invoice, and the 3,500 is coming off of that. No where on my buyer's agreement do I see 2,500 dealer cash. I am pulling the trigger tonight.
 
I have been scouring this and all other forums for months. I am tired and I just need to commit.
#20566 of 24348
Re: 2008 EX-L DVD/NAV offer [shinsangeun] by tom200
Sep 25, 2008 (1:34 pm)
Reply

Replying to: shinsangeun (Sep 25, 2008 10:14 am)

Yes, better deal than I can find in Denver.

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