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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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#9649 of 24381
Re: 2005 Odyssey EX-cloth below invoice in SF Bay Area [jojo24] by rvsubba
May 25, 2005 (3:26 pm)
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Replying to: jojo24 (Apr 25, 2005 11:33 pm)

Hi jojo24,
 
I am planning to buy EX-L or Touring. Could you please give me the dealer contact information?. btw. I live in dublin too..
#9650 of 24381
Touring with RES/NAV in Orlando by lacohn1
May 25, 2005 (4:11 pm)
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I just finished dealing with Holler Honda (in Winter Park) and Courtesy Honda (in Sanford). Each of them kept calling and trying to beat the other dealer's price! I think it really helps to buy at the end of the month, when they are trying to meet their quotas. Holler called today and said I could have it for $500 over invoice (plus $500 dealer fee), but I had to come TODAY to buy the van. Courtesy agreed to the same price, but didn't pressure me, so I decided to go with Courtesy! Plus Courtesy is running a special--giving out a free digital camera with each Honday purchase during the Memorial Day weekend. I'm picking up the van in the morning! Can't wait!
#9651 of 24381
Dealer Quote, Grand Honda - Elmhurst, IL by etolman
May 25, 2005 (9:50 pm)
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Planning on buying this weekend. Here's the best quote so far in the Chicago metro: "AS WE SPEAK I HAVE BLACK/BLACK ODY TOURING RES/NAV AND 2 BLACK WITH IVORY IN STOCK AND YOU CAN BUY TOURING RES/NAV FOR $37300 INCLUDING DESTINATION FEE" - Grand Honda. Anyone have an opinion on whether this is good or not? No trade in to worry about in this deal.
#9652 of 24381
Financing special by andy73
May 26, 2005 (6:35 am)
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I believe there will be some type of special on financing over this Memorial day weekend (offered by Honda). I already heard something on the radio this morning that one of the dealership is offering 0% / 60mo on all 05 models. You will probably get this without getting too much discount on vehicle.
 
Also, I would like to find out what would be good price to pay for EX-L and/or EX-L RES in ATL.
 
I am willing to drive few hours to save $$$$.
#9653 of 24381
Re: Fair Price on EX-L RES? [ks96] by weitogo
May 26, 2005 (10:36 am)
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Replying to: ks96 (May 24, 2005 9:32 am)

I do not think you are getting a good deal. If you meant that your interest rate is 5%, your 60 payment for $490 a month will have the discounted value of almost 26K. Plus the down payment you have, your total payment is about 29K. ($28965 to be exact)
 
Now look at the price you have $30488. I do not know the tax and license fee you have to put, but I assumed that you have to pay 7% on $30488 for everything. That comes to $32622.
 
The difference between $32622 and $28965 is your trade in value, which comes to $3657.
 
You are getting a raw deal! And they are being very tricky about it!! I would avoid that dealer if I were you. I hope you have not purchased the vehicle. In addition, I think you want to talk to the dealership about pricing, trade-in and financing separately. I think they want to confuse you when they talk in payment terms. I do not know if you have Excel at home. In Excel, there is NPV function that helps you calculate how much you are really paying when you make monthly payment.
 
Hope it helps.
 
Wei
#9654 of 24381
Re: Fair Price on EX-L RES? [weitogo] by ks96
May 26, 2005 (11:42 am)
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Replying to: weitogo (May 26, 2005 10:36 am)

Thanks so much to both who have responded.
We did get a "firm number" out of the dealer. How does this look?:
 
ODY EX-L RES
Price: 30486
Trade : 13500
Payoff on trade : 10700
 
I think I posted earlier that the KBB value of our truck is only btwn 12500-13000. (CARMAX offered to buy it outright for 12500) With what we owe (10700) do you not think that the 3657 you figured on the trade is fair?
 
The number they are giving us on our trade seems a tad inflated to me...but I know they sometimes do this to keep from reducing the sale price.
 
We took previous posters advice and removed financing from all conversations. (Besides, once seeing 5% it was in our range, we knew the promotions for 3.9 were only in our favor).
 
We are hoping to handle this in the next 2 days. Please let me know what you think. This has been so much help so far!
#9655 of 24381
WONDERING IF THE PRICE SEEMS RIGHT. by zubi
May 26, 2005 (12:01 pm)
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I HAVE A QUOTE FROM A DEALER HERE IN SUBURBAN CHICAGO FOR AN EX L .HE HAS QUOTED 29266 OTD.THIS INCLUDES TAX AND ALL OTHER EXPENCES.WONDERING IF THIS PRICE SOUNDS OK
#9656 of 24381
Re: WONDERING IF THE PRICE SEEMS RIGHT. [zubi] by andy73
May 26, 2005 (12:10 pm)
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Replying to: zubi (May 26, 2005 12:01 pm)

Simple math here.
 
take your 29266/1.0X (X here is sales tax rate).
 
example, if sales tax for auto purchase is 6%, then you get
 
29266/1.06 = 27609. give it low $100 for documentation and couple other fees, you are purchasing this vehicle at $500 BELOW INVOICE price.
 
This is awesome deal, if they are telling it is OTD price. I feel that it is just vehicle price, and they will probably say, "plus, TAX, TITLE, & FEES".
 
Good luck shopping!!!
#9657 of 24381
Re: Fair Price on EX-L RES? [ks96] by weitogo
May 26, 2005 (12:31 pm)
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Replying to: ks96 (May 26, 2005 11:42 am)

Hi, I would try to negotiate a better price the EX L-RES. The invoice is 29387. Currently it looks like you are getting more on the trade than KBB. I would build on that and get a better price for the van.
 
That is the model we are looking to as well. Three dealers gave us invoice+200 for EX-Cloth. When we changed our mind to EX-L RES, the only quote we have so far is invoice+500. We are still waiting for a couple more quotes to come in.
 
As the previous post said, you may want to wait for 0% financing.
#9658 of 24381
Invoice Plus 3% EX w/o Leather by dhfd
May 26, 2005 (12:56 pm)
Reply
We're in Raleigh-Durham, NC area. One dealer has offered 3% over invoice. has anyone gotten a better deal?
 
thanks

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