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Prices Paid: Buying & Leasing Experiences Honda Pilot Prices Paid and Buying Experience
13799 messages, Last post on Dec 02, 2009 at 10:23 AM
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In speaking with an Acura/Honda dealership owner, he felt the incentives will NOT get better due to tighter credit. Anyone else hear this?
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Replying to: jwalls (Oct 13, 2008 5:35 pm) its the 4wd season so the price will not go down based from what I heard.
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Replying to: lufaca (Oct 12, 2008 7:58 am) |
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I couldn't disagree more with the rationales listed for the liklihood of increasing / re-emerging incentives. SUV sales are down. So is SUV production. The purpose of incentives is to move excess inventory or to maintain minimum production levels. I haven't been able to find anything on Pilot inventories, but before you ASSUME that incentives will come back, you had better have some idea of inventory trends. Otherwise, all you are doing is waiting for the sake of waiting. Also, the effect of credit-tightening on incentives is unknown. On one hand, it makes AHFC's cost of credit higher, meaning that it is harder for them to offer special finance rates. On the other hand, it reduces sales because people can't get bank loans, increasing inventory. The big winner might be the cash buyer, or at least those with a large downpayment who can then easily qualify for a smaller loan and get a great deal in the process.
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My local Honda dealer in Queens NY has a New 2005 Pilot EX-L w/Nav. Considering it's year and that it's new, what should I offer them for it? I think it's list is just over $34k Thanks.
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Replying to: pilotsearcher (Oct 14, 2008 5:22 am) No dealer knows for certain what incentives will be available. If you really do not need a vehicle at this time I suggest you WAIT. These next few months are the most difficult time for the auto market. With many people concentrating on the Holiday season, sales are down. If the dismal September sales are any indication of the downward trend,October,and November should follow the same pattern.
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Replying to: mitch65 (Oct 14, 2008 11:42 am) available? Did you personally see the car and do they have it on their premises? How long ago did you inquire and is the vehicle is still available? I also live in NY and I know all the dealers. This may be a bait and switch tactic to get you into the showroom.
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Replying to: fred25 (Oct 14, 2008 1:34 pm) I first saw this on eBay Motors. I emailed them about it and they email me back the standard sales pitch ignoring my original question. They finally told me they do have it. It is also on their website inventory. Haven't actually seen it yet though. Any idea what I should offer?
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Replying to: mitch65 (Oct 14, 2008 1:49 pm) Why can't they sell this car for the past 3 years? There will be a lot of questions to ask and check anything wrong with this car. Of course a test drive is needed before any offer is offered. In EBay Motor I found a 2005 Pilot in "New" section which is in NY. However this car has lots of mileage. It should be a mistake. Honda : Pilot EX 2005 Honda Pilot EX NEW Location: Woodside, New York 2005 48,631 MILES $30,670.00
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Replying to: fred25 (Oct 14, 2008 1:04 pm) I guess they scared me into it! I couldn't pass up the deal on the MDX, and couldn't find a Pilot low enough to outbid that deal! |
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