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Honda Odyssey Prices Paid and Buying Experience

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

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#21031 of 24348 Honda financing and credit score by md_van Nov 21, 2008 (5:20 pm)
Based on my credit score of 659, honda dealer is giving 3.9% for 36 months and not giving me 1.9%. Do any of you know if there is any absolute minimum number for them to give 1.9%, or is it just based on negotiation? Has anyone bought 1.5% for 36 months with credit score of 700 or less? Please let me know. Thanks. Replies to this message: erick830 (Nov 21, 2008 6:04 pm) lab88 (Nov 21, 2008 6:34 pm)
#21032 of 24348 Re: 2009 EXL with RES [jer77] by erick830 Nov 21, 2008 (6:03 pm)
Replying to: jer77 (Nov 20, 2008 4:34 pm) heh   i am picking up our odyssey tommorow however they have to have a driver drive it from another dealership . so it will put about 50 miles on the car should i be concerned                                               erick :shades
#21033 of 24348 Re: Honda financing and credit score [md_van] by erick830 Nov 21, 2008 (6:04 pm)
Replying to: md_van (Nov 21, 2008 5:20 pm) th e dealer told me a score of 710 is needed to get the APR
#21034 of 24348 Re: Honda financing and credit score [md_van] by lab88 Nov 21, 2008 (6:34 pm)
Replying to: md_van (Nov 21, 2008 5:20 pm) You pretty much need a score above 700 anywhere to get the best rates. They probably are using 710, and they might have some discretion to go down to 700, maybe slightly under. But they don't have that much discretion.   When a dealer gets a car from another dealership, it's normal to have some more miles on the car. Your warranty starts at the mileage on the odometer when you take delivery, so you'll get to about 36,050 instead of 36,000. I don't think it's a big deal. Mine had 96 miles on it when I got it because the dealer had to drive it pretty far.
#21035 of 24348 Re: Got the car. :) [ethanssky] by md_van Nov 21, 2008 (10:04 pm)
Replying to: ethanssky (Nov 19, 2008 7:56 am) Hi ethanssky... I had a similar situation today. My dealer is offering me 3.9% for 36 months. I tried long and hard to get 1.9, even 2.9. I even tried to get some goodies or little price reduction, but he won't do it - primarily because of my credit score happens to be 659 and they say it has to be on or above 710 to give 1.9%. So, I walked out of the dealership, hoping he would call me back to counter offer. In your case, was your score higher than 700 or 710? You can email me at mani_daks AT yahoo.com, if you prefer. Thanks for your response. Replies to this message: mplshondadlr (Nov 22, 2008 8:05 am) ethanssky (Nov 22, 2008 11:18 am) md_van (Nov 22, 2008 11:40 am) bigdadi118 (Nov 22, 2008 12:20 pm)
#21036 of 24348 Re: Got the car. :) [md_van] by mplshondadlr Nov 22, 2008 (8:05 am)
Replying to: md_van (Nov 21, 2008 10:04 pm) The dealer has nothing to do with the rate quote. American Honda Finance sets the rate. This is a situation where the dealer CAN NOT mark up the rate.   In your case, 3.9% is what you qualify for. With most other leanders your rate would be in the 8-9% range.
#21037 of 24348 Re: Got the car. :) [md_van] by ethanssky Nov 22, 2008 (11:18 am)
Replying to: md_van (Nov 21, 2008 10:04 pm) What year are you buying? 2008 or 2009   All I know is the finance dept got to make the final call.   if you are getting the 2008 for EX-L RES The dealer cost is $31,000 i got the car for $27,000 The dealer has to make the cost the of the car. that is why they offer me 6.25%APR.   yes. my credit is 700+ Replies to this message: md_van (Nov 22, 2008 11:40 am)
#21038 of 24348 Bought the 2008 Odyssey EX-L for $25,900 (2.9% for 36 months) by md_van Nov 22, 2008 (11:40 am)
Replying to: ethanssky (Nov 22, 2008 11:18 am) Well, thanks to all of who posted their details and responded my specific queries. I went to the dealer yesterday and they offered me 26K for 08 odyssey ex-l out the door price (VA state), along with 3.9% for 36 months, due to my credit score. I waited and bargined a lot, but they won't melt. So, I walked away. Went back today morning and agreed to take the vehicle as they offered yesterday, but requested them to put my wife onto the loan application. Due to her credit score (better than mine), they automatically offered me 2.9% (i wish they gave 1.9%), and I have no complaints, because I walked away with a vehicle of my choice in color and model, etc, with the door price tag of $25,900. This was purchased from Pohanka Honda in Fredericksburg, VA. Sales representative is Paula Smith (540-847-8209 Cell). If you mention this to her, she will give the same price, guaranteed, as long as they have the vehicle and they have only few left in this trim. So, if you are planning to purchase one, I recommend you call her. Have fun shopping & driving.   And, my friend purchased 2008 EX-L w/RES for $27,500 out the door price with 2.9% for 36 months from the same dealership. They have no more of this trim left.
#21039 of 24348 Re: Got the car. :) [md_van] by bigdadi118 Nov 22, 2008 (12:20 pm)
Replying to: md_van (Nov 21, 2008 10:04 pm) Honda Finance Credit Score posted on newspaper ad. by one of dealer
#21040 of 24348 Seattle Area Prices by trumpetman1 Nov 22, 2008 (6:07 pm)
I'm interested in buying a 2008 EXL in the Seattle area. In year 2000 I bought my last Odyssey in Olympia as the Seattle area dealers were much more expensive back then. Does anybody have any comments about any advantages to buying outside major metropolitan areas?

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