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Honda Odyssey Prices Paid and Buying Experience

24267 messages, Last post on Nov 08, 2009 at 6:12 PM
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Thanks to all for the excellent posts. Really helped short cut my research. Over the last 10 days, I've reached out to about 20 dealers for a 2009 EX-L w/ RES & Navi and let them all know I'd be buying within 10 days / week, that I was flexible on color and that I was seeking best price. I was not interested in the extra values (oil changes, tire swap overs etc.) as it is not practical for me to get my car serviced About 1/3 of the dealers either never responded or responded with wrong vehicle info. My own local dealer, that by my physical inventory, had 26 EX-L w/ RES & Navi vehicles on the lot, took over 72 hours to get back (after multiple calls & emails). Shockingly, they held firm to a $32k price despite knowing everyone else was $1500 below them....That explains the 26 vehicles that have been sitting there for at least the last 2 months. I dealt with dealers in NY (Adirondacks), VT, Southern NH, Western MA and the Boston area. At least 8 of the dealers essentially came back with offers in the $30,499 to $30,800 range. On top of that were the Admin & Doc fees - which ranged from $149 to $399 - the majority were $299. One dealer told me that his actual cost was about $30,250 and he was selling for $30,500 just to do a favor for one of his sales guys. If you have a trade, that is where you should expect to get squeezed. My experience is that nearly all dealers will be at least $2,000 below what KBB says for Trade-In value...However, hold firm as there are many perks / SPIFs that are not in the holdback or other forms of revenue to the dealer. I did discover that some of the special incentives were direct from Honda to the dealer for certain models. For example, on top of the $2500 Odyssey Dealer incentive, Honda runs other bonus programs. Late in 2008, there was a SPIF program for the Ridgeline - for every Ridgeline sold, there was a $750 SPIF. Hit 100% of the dealership goal, and there was another SPIF. Hit 110%, a higher SPIF.....The current SPIF, direct from Honda (I'm told it's direct), is $250 for every Accord. As many prior posters have stated - send your emails out to the dealers, let the dealers know your best price / target and that your shopping, get commitments as to what's in the price & then get VINs before you go in. Nearly every dealer I found to be above board with little to no gaming or BS. They all want to make deals and they know that the market is highly competitive. Good luck
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Replying to: HOdysyhunter (Apr 06, 2009 10:33 am)
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Replying to: kneehowma (Apr 07, 2009 7:15 pm) |
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Replying to: robflah (Apr 07, 2009 6:42 pm) |
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Thank you all for your valuable information. I have purchaged 2009 Honda odyssey EX-L RES/NAV after 1month of research and valuable information you have provided in these posts. Final Price($30450 + TTL) = $32600 (DO) This included following add-ons 1. Splash Guards 2. Trunck Tray 3. Wheel Locks 4. Door Guards 5. Moon Roof visor 6. Pinstrips
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Replying to: ekw540 (Apr 03, 2009 5:16 pm)
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Replying to: rsk2 (Apr 09, 2009 3:55 am) |
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I was quoted 29651 (before tax) w/ no downpayment. 459/mo 36mos12K/yr Taxes, title, DMV fees 2620 due at signing (Tax rate is about 8.4%). Is this a good deal? I'm out of my league here, so any thoughts would be appreciated! bgcbd |
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