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Honda Pilot Prices Paid and Buying Experience

13771 messages,  Last post on Nov 28, 2009 at 3:16 AM

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What is this discussion about? Honda Pilot, Car Buying, SUV

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#12315 of 13771 pilot lease by dcfak Jan 12, 2009 (3:09 pm)
Is the pilot special that honda offers what you get or is there a way to get a better deal. I am in NC.
#12316 of 13771 Confirm money factor and Residual by cptenca Jan 12, 2009 (3:34 pm)
1/12/2009   Can anyone confirm the money factor: .0011 and Residual: 51%   2009 EXL w/RES   thanks Replies to this message: golic (Jan 12, 2009 3:44 pm) hurl (Jan 13, 2009 11:18 am)
#12317 of 13771 Re: Confirm money factor and Residual [cptenca] by golic Jan 12, 2009 (3:44 pm)
Replying to: cptenca (Jan 12, 2009 3:34 pm) That is the old money factor that lapsed on 1/5/2009. If you scroll back a few pages you will see a post by car_man with the updated money factor and residuals.   IIRC the current money factor is now .00151 and there is $1,500 dealer cash. Plus keep in mind there is a different residual for 12K vs. 15K miles. So make sure you know what your want.
#12318 of 13771 pilot lease by dcfak Jan 13, 2009 (7:22 am)
If I am only concerned about my monthly payment, miles and lease length, do I need to be concerned w/ these other numbers? I don't want to purchasde my lease at the end of the term. Replies to this message: integradriver (Jan 13, 2009 7:57 am) golic (Jan 13, 2009 10:31 am)
#12319 of 13771 Re: pilot lease [dcfak] by integradriver Jan 13, 2009 (7:57 am)
Replying to: dcfak (Jan 13, 2009 7:22 am) Money Factor is your interest rate, that's going to affect your payment.   Residual is the value anticipated for the vehicle at the end of the lease term, the higher this is in relation to the capital cost (the price financed on the lease), the lower your payments. Residual will be affected by trim, equipment, and miles.   If you are going to lease without purchasing at the end, don't put any money down (ie, no Cap Cost Reduction). Keep in mind that if you don't trade the vehicle back in, they're going to crawl over it with a microscope.
#12320 of 13771 Chicago Market by golic Jan 13, 2009 (10:26 am)
Many times have changed, I remember this board used to hum with posts from all over the US.   Anyone have any quotes or prices paid for a 2009 EXL in the Chicago Market? Good dealerships? Ones to stay away from?   Thanks,
#12321 of 13771 Re: pilot lease [dcfak] by golic Jan 13, 2009 (10:31 am)
Replying to: dcfak (Jan 13, 2009 7:22 am) Leasing is no different than purchasing the car. Think of leasing as a form of paying not buying. Therefor, you should approach the car transaction the same as a purchase by negotiating the price of the vehicle first.   There are a number of tools on Edmunds to calculate a lease payment and since you know the residual and money factor you can work up your own payment based on the agreed purchase price.   Remember things that will effect your lease payment is your mileage allowance, (12k per year vs. 15K) and the length of the lease (24-36-39 months). If you negotiate payments you are leaving the dealer with plenty of room to maximize their profits.   So, negotiate the price of the car first in your shopping and then discuss the leasing element.
#12322 of 13771 Re: Confirm money factor and Residual [cptenca] by hurl Jan 13, 2009 (11:18 am)
Replying to: cptenca (Jan 12, 2009 3:34 pm) I'm outside Philadelphia, I am also interested in a EX-L 4wd w/ RES lease 36 months 12/year. This is the information I was given from Sussman Honda: Selling price $32,479 MF if qualified .00151 Residual 50%   Payments are including TTL w/ $2700 : $459-469/month ( depending on credit)   I was also given another price of $449 / month with 3k down - it think they all average out the same or pretty close.
#12323 of 13771 Re: 2008 EX-L [sunnyfl1] by 247HappyHour Jan 13, 2009 (12:58 pm)
Replying to: sunnyfl1 (Dec 28, 2008 6:49 pm) Wow, 25K for 08 EXL w/ RES, mind sharing which dealer?
#12324 of 13771 by dcfak Jan 13, 2009 (1:29 pm)
i was quoted for an 09 lx 27,656 msrp 26,700 sale price money factor 151 no money down just ttl and 1st month 379/ month for 39 mo. 12k   good or not good?   they say they'll make 500 on the car Replies to this message: integradriver (Jan 13, 2009 5:19 pm) dcfak (Jan 14, 2009 4:42 am) integradriver (Jan 14, 2009 5:45 am) and 2 more... Hoop1234 (Jan 15, 2009 4:15 pm)

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