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Prices Paid: Buying & Leasing Experiences Honda Odyssey Prices Paid and Buying Experience
24381 messages, Last post on Dec 05, 2009 at 9:37 AM
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Replying to: fhymson (Jan 04, 2005 5:50 pm) Martin Honda, Newark, DE-- as of Mon. night had 4 RES/NAV in stock that they would sell for $1,000 over invoice JL Freed (Lansdale, PA) -- would place an order for $500 over invoice Metro Honda, Jersey City, NJ (North Jersey) -- When I called back on Monday to purchase the last one in stock at $500 over invoice, I was told that another buyer was in the showroom and had test driven the vehicle and they had to give preference to him; he bought the minivan, and the salesman said they could get one within the next week or so (he claimed to have made calls on Monday, trying to trade, but I didn't hear from him yesterday). I bought out of state; awaiting paperwork to close deal. Will report on details when car is in hand. If you want contact names and phone numbers, check my profile for email address and email me. I remind you that if you have excellent credit, today is the last day to take advantage of Honda Financial's 2.9% financing offer. My understanding is that you don't need to take delivery today, you would just need to make your deal with the dealership for a specific vehicle that is scheduled to arrive within next 10 days. (I believe the application requires a VIN, and Honda's approval of that application is good for 10 days--i.e. you have to take delivery within 10 days.) I just got the 2.9% yesterday--nothing down, 60 months. (Honda Financial first quoted 3.9% but I asked the salesperson to go back and get 2.9%, which they did.) As of now, Honda has not posted any additional special offers on their website. Keep us posted on your efforts. |
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Replying to: dulnev (Jan 04, 2005 6:14 pm) Final deal Price including dest. $29,600 Sales tax 8.25% 2,442 Dealer process fee 45 Registration 87 Inspection 10 NYS Tire Tax 12 Total out the door $32,196 As for the two issues interest rate was corrected to 2.9% and I purchased the 6/100k for $1,485. I appreciated the comments just some observations. Someone posted (The post looks like it was later deleted) that they were turned downed for the 2.9% rate with a FICO of 901. I always thought FICO's ranged from 300-850. cccompson's post was fair and valid what's 1% if that's the best you can achieve. I agree except that on principal alone a car company cannot offer a rate of 2.9% to generate sales and then say 3.9% where someone has a FICO in excess of 800. I do not care if the 1% is worth $1 or $10,000. In my view when promotional rates are offered the FICO rating necessary to obtain rate should also be given (I know its probably not as simple as that). In any event my particular issue (Whatever it was) was cleared up by the dealer with Honda Finance without my involvement. DulNev your post was very helpful in that it confirmed a better deal is to be had. Based on my driving pattern I will hit 100,000 around the 5.5 yr mark so I went with 6 years. I understand I over paid $400-$500. Yes they got me I guess. At the end of the day I paid $613 over invoice throw in the additional $410 I paid for warranty (1,485-1075=$410) and you could say I paid $1,023 over invoice. I own three Honda's from the same dealer. Does this mean something when my wife brings one of the vans or the accord in? I have no idea maybe isell can answer. Came close on a sienna but for various reasons settled on the Honda (Not this forums' topic) Overall happy with the deal and am glad to be almost done with the buying process. I will post the name of the dealer over the weekend. I pick up the car shortly and as always prepared to kill the deal if something unexpected comes up. The dealer has been fine and professional.
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Replying to: fhymson (Jan 04, 2005 5:50 pm)
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Replying to: prasadtk (Dec 11, 2004 9:08 am) |
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Replying to: lzk4 (Jan 05, 2005 6:46 am) 
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Replying to: dulnev (Jan 04, 2005 6:18 pm) I bought an extended warranty for my Volvo (I'm virtually GUARANTEED to come out ahead on this one!), but didn't buy until just before the factory warranty expired. The price was no different than the Volvo extended warranty for a brand new S-80. Maybe Honda is different. Also, I don't believe your insurance company would pay you an extra $1,075 if you were to total your van before the extended warranty took effect, even though you had already paid for it. I could be wrong on this. Don't get me wrong, I'm not preaching here. I bought the 7/100/zero Toyota extended warranty for my AWD Sienna. But the price for Toyota's warranty is a lot less than Honda's. I paid less than $800, which is about the cost to replace one of my (three) door motors. (If I had bought a lesser trim level and/or FWD, I'd have skipped it all-together). But I think next time I buy a new Toyota, I'll wait to buy the extended warranty like I did for the Volvo.
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Replying to: xfactor (Jan 05, 2005 6:22 am) You can cancel this warranty any time during the first 60 days and receive a full refund. You can then buy the same policy from another dealer for $500 less. I don't know about you, but $500 cash for making couple phone calls is a huge payoff! |
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Replying to: heywood1 (Jan 05, 2005 11:04 am) That is an excellent point! I think you're right that you would loose that money (except if you have a GAP policy and certain other things are true, which is extremelly rare). |
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can you give the official answer about buying the warranty? I am considering getting one, but would like to wait until closer to the expiration of the BtB one. Is the price the same down the road (recognizing that the base cost could change), or do you pay a premium for waiting? And how long can you wait to purchase it? Thanks.
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