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Honda Odyssey Prices Paid and Buying Experience

24271 messages,  Last post on Nov 11, 2009 at 9:28 PM

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What is this discussion about? Honda Odyssey, Van


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#20945 of 24271
Incentives still in effect? by aggienick02
Nov 11, 2008 (8:09 am)
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Does anyone know if the $3500 incentive is still in effect? Many websites (including consumer reports) reported it in effect til November 3 and no longer show any active incentives. Has this incentive passed or is it somehow still in effect? Thanks!
 
Edmunds lists the incentive still but says it can no longer be combined with 1.9-3.9 financing. This doesn't make sense though with recent reports (after Nov. 3) that some people are still getting both.
#20946 of 24271
Re: Incentives still in effect? [aggienick02] by zolcat
Nov 11, 2008 (10:13 am)
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Replying to: aggienick02 (Nov 11, 2008 8:09 am)

The $3500 is still valid on the 2008 Odyssey's, spoke to a dealer about it yesterday afternoon.
It does not apply to the 2009 models, which is why, out the door with taxes etc, the difference between them can run between 3500 to 4000.
#20947 of 24271
Re: Incentives still in effect? [zolcat] by aggienick02
Nov 11, 2008 (11:22 am)
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Replying to: zolcat (Nov 11, 2008 10:13 am)

Thanks zolcat. Any idea if the special financing can still be combined? Edmunds.com incentives say no, but a good number of buyers still seem to be getting both.
#20949 of 24271
Re: Incentives still in effect? [aggienick02] by su_hyd
Nov 11, 2008 (5:16 pm)
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Replying to: aggienick02 (Nov 11, 2008 11:22 am)

Yes. Special financing can still be combined with $3500 dealer incentive.
Special financing is valid until 01/05/2009 on all of 08 Odyssey's. Check honda.com for this information.
 
Any one with credit score of 710+ can qualify for 1.9% for 36 months or 3.9% for 60 months.
 
Don't know credit score cut off for getting 1.9% for 24 months or 3.9% for 37 months.
 
Bottomline - Dealer incentive of $3500 good until end of 08 combined with special interest that is good until 01/05/09 for all of 08 Odysseys
#20950 of 24271
Re: EX in Tristate [NY-NJ-CT] area? [zolcat] [bigdadi118] [zolcat] [zolcat] [bigdadi118] [mplshondadlr] [lab88] [bigdadi118] by zolcat
Nov 11, 2008 (8:20 pm)
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Replying to: bigdadi118 (Nov 10, 2008 9:46 pm)

I'm real curious - Is the invoice price shown on edmunds or kbb or yahoo autos realistic, is it the real invoice or is it padded?
 
For example, with 25500 sale price, assuming incentive of 3500, a destination charge of 670, a holdback of 2% MSRP 645 , give a starting invoice price if 28975.
 
28975+670-645-3500=25500
Assuming that they are making atleast 3% profit
 
Dealer Invoice =28975/1.03=28131, atkeast a $1000 away from Edmunds invoice price of 29166 - Is there an additional set of component that helps dealers adjust their prices?
#20951 of 24271
Re: EX in Tristate [NY-NJ-CT] area? [zolcat] [bigdadi118] [zolcat] [zolcat] [bigdadi118] [mplshondadlr] [lab88] [bigdadi118] [zolcat] by cccompson
Nov 12, 2008 (5:00 am)
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Replying to: zolcat (Nov 11, 2008 8:20 pm)

The published invoice numbers are accurate. Not sure why you've included a phantom "3% profit."
 
The "component that helps dealers adjust their prices" is the marketplace.
#20952 of 24271
2008 Odyssey EX-L by cro372
Nov 12, 2008 (11:49 am)
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I received an out-the-door price of $28,300 for an EX-L. Is this a good offer?
#20953 of 24271
Re: 2008 Odyssey EX-L [cro372] by mplshondadlr
Nov 12, 2008 (12:00 pm)
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Replying to: cro372 (Nov 12, 2008 11:49 am)

No, that way too high!
#20954 of 24271
Re: 2008 Odyssey EX-L [mplshondadlr] by yak33
Nov 12, 2008 (12:43 pm)
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Replying to: mplshondadlr (Nov 12, 2008 12:00 pm)

Whoa, wait a minute. OTD pricing includes sales tax and depending what state he/she lives in, $28k+ might be pretty good.
 
This Saturday we pick up our new 2008 EX-L. Will divulge the details of the deal then, but I can tell you we're in CA with 8% sales tax. So that's a whopping $2100 of our OTD price. And good thing we bought now because of CA's estimated $28b deficit, I'm betting our taxes go higher.
 
yak33

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