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Honda Odyssey Prices Paid and Buying Experience

24381 messages,  Last post on Dec 05, 2009 at 9:37 AM

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What is this discussion about? Honda Odyssey, Van


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#23552 of 24381
Re: 2011 Odyssey [and5555] by caseyjr
Jul 21, 2009 (6:29 pm)
Reply

Replying to: and5555 (Jul 21, 2009 6:20 pm)

I wouldn't buy a 2011 because you risk new problems with a new design.
#23553 of 24381
Re: 2011 Odyssey [caseyjr] by drivmywifecrzy
Jul 22, 2009 (3:46 am)
Reply

Replying to: caseyjr (Jul 21, 2009 6:29 pm)

I agree. Wait until 2012 models.
#23554 of 24381
Re: Does EX-L with RES come with Headphones [cm111] by smadhu
Jul 22, 2009 (5:05 am)
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Replying to: cm111 (Jul 20, 2009 5:15 am)

How much did you paid for EX-L/RES.
#23555 of 24381
Pls post here when you see 2010 Ody at dealers by andy603
Jul 22, 2009 (6:48 am)
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Pls state where and when you saw. thx
#23556 of 24381
Re: 2011 Odyssey [and5555] by jimbob1
Jul 22, 2009 (7:40 am)
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Replying to: and5555 (Jul 21, 2009 6:20 pm)

I'm concerned for two reasons:
1) Depreciation: In the year 2016 (when I could theoretically sell this vehicle) why would somebody want a 2010 "old" style Odyssey instead of a 2011 (one year difference) "new" Odyssey? For example, why would anybody want a 2004 Odyssey when the 2005 (new, better design) costs a little more?
2) Introduction of 2011 next year bringing 2010 prices way down: I would expect that when the newly designed 2011 is introduced, there will be HUGE incentives to get rid of the 2010 models (since their designs would be "old").

 
You might be over thinking this. You'll be looking at selling a 5 or 6 year old minivan. It's not like we're dealing with collectibles or supercars.
#23557 of 24381
Re: 2011 Odyssey [caseyjr] by jayrider
Jul 22, 2009 (7:54 am)
Reply

Replying to: caseyjr (Jul 21, 2009 6:29 pm)

If the drivetrain stays basically the same without anything revolutionary -- then the revamp may be more cosmetic with lots of hype. Would buy if that is the case but will be interested to see what develops.
#23558 of 24381
Re: 2011 Odyssey [jimbob1] by mohanp
Jul 22, 2009 (10:16 am)
Reply

Replying to: jimbob1 (Jul 22, 2009 7:40 am)

You put this in Brilliantly.. !!! Perfect thought Odyssey is not a rare entity...
 
"You might be over thinking this. You'll be looking at selling a 5 or 6 year old minivan. It's not like we're dealing with collectibles or supercars"
#23559 of 24381
Re: 2011 Odyssey [jayrider] by nobo
Jul 22, 2009 (11:20 am)
Reply

Replying to: jayrider (Jul 22, 2009 7:54 am)

If they follow the footsteps of the upcoming Toyota Sienna, they should have a 6 speed transmission in 2011.
#23560 of 24381
Re: 2011 Odyssey [and5555] by cm111
Jul 22, 2009 (11:28 am)
Reply

Replying to: and5555 (Jul 21, 2009 6:20 pm)

You are almost always better off financially waiting to buy a car. Having said that, we purchased an EX-L w/RES two weeks ago (incentives were still on) in the color combo we wanted at the lowest quote I had received on an Odyssey in the 4-5 years I have been checking. We plan to keep this for 10+ years, a minimum holding period for a new vehicle if you want it to make financial sense. My take - In 2020, both the new and the old style will be old styles, and the value will be about the same, give or take a few hundred bucks.
 
Other considerations should be a priority, not the "style" unless you are one of the folks that likes a new car every three years. Most Honda owners are not in this boat, however. The current model has most of the bugs worked out and is a functional, good looking car. With current pricing, we thought purchasing now made sense for us.
#23561 of 24381
Re: Does EX-L with RES come with Headphones [smadhu] by cm111
Jul 22, 2009 (12:54 pm)
Reply

Replying to: smadhu (Jul 22, 2009 5:05 am)

We had a trade so the price is tough to compare on an apples-to-apples basis. Based on my estimate of the fair-trade value of my vehicle, we paid about $28K. Could have been a bit more or less depending on the trade value though it's a bit tough to judge in this used car market. Incentives were still on at the time ($2,500 dealer cash).

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