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Honda Pilot Prices Paid and Buying Experience

13818 messages,  Last post on Dec 05, 2009 at 9:58 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#12503 of 13818
Re: Need advice payment terms [ronnyc] by ronnyc
Feb 20, 2009 (8:04 am)
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Replying to: ronnyc (Feb 20, 2009 7:33 am)

Small correction: The payments end in April 2009, not 2008. SORRY!
#12504 of 13818
Re: 2009 Pilot Touring 4WD with NAV without DVD RES [Gyrlwolf] by ed111
Feb 20, 2009 (8:16 am)
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Replying to: Gyrlwolf (Feb 20, 2009 7:42 am)

I did a lot of looking in the metro NYC, northern NJ and other areas. You should be able to find this car for $1,500 or so less than the figures you are mentioning.
 
The key is to contact dealerships via email for price quotes first. Go to Honda.com and "build" the car you want without options. Then find the dealers with that car in stock by using the "get a quote" feature. Then get quotes from those dealers, requesting that they include all dealer fees, but exclude tax, title and license. After doing that, you may find that some dealers will beat or match the prices you get.
 
Don't forget, the current Honda incentive may change after March 2nd.
#12505 of 13818
Re: Need advice payment terms [ronnyc] by golic
Feb 20, 2009 (8:30 am)
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Replying to: ronnyc (Feb 20, 2009 7:33 am)

Ron-
 
I believe you signed one of those "it's a purchase but really a lease deal". Some dealers no longer offer traditional leases in certain states due to vicarious liability laws.
 
I think you have 3 options with this deal:
 
1. Purchase the car and arrange financing for the $15,000. You can do this either on your own or through the dealer. I would recommend you find your best deal and then ask the dealer for theirs.
 
2. Walk away. I believe these deals had the same option as leasing where you can simply bring the car back to the dealer and turn it in.
 
3. Simultaneous Purchase and trade in. If you vehicle is worth at least $15,000 you can then trade it in for a new vehicle. This would save you some sales tax (in most states). The trade in would pay off the note and the excess could be used as a down payment for your new car.
 
All that being said, you should call AHFC or whoever financed this and get the record straight with them.
 
Keep us posted.
#12506 of 13818
Re: Need advice payment terms [golic] by ronnyc
Feb 20, 2009 (8:49 am)
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Replying to: golic (Feb 20, 2009 8:30 am)

My car is worth about $12000; so I could trade it in for that amount and add to the mix some more money, that might work. As I want a car, option two is not very good; as for 1: They (Honda) said I could pay the 15000 but the payments would be about $450/month, vs the $303 I pay now, so I'd be paying more for an old car.
 
Again, thanks.
 
RON
#12508 of 13818
Re: 2009 Pilot Touring 4WD with NAV without DVD RES [Automall] by CalifLookieLoo
Feb 20, 2009 (11:51 am)
Reply

Would buying the 2009 Pilot Touring 4WD with NAV without DVD RES and then ADDING a DVD RES elsewhere be worth the savings? Or, would it be better to get it already installed by Honda?
 
I'll need a DVD RES for the California to Maine trip I'm planning this summer - hopefully, in my new Pilot Touring 4WD!
#12509 of 13818
Re: Price Paid for a 2009 Pilot EX-L 4WD [hawkmanva] by michelle27
Feb 20, 2009 (12:12 pm)
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Replying to: hawkmanva (Feb 20, 2009 5:21 am)

I added it up again and it looks correct to me. The second line item is for NJ taxes (7%).
#12510 of 13818
Re: 2009 Pilot Touring 4WD with NAV without DVD RES [CalifLookieLoo] by golic
Feb 20, 2009 (2:37 pm)
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Replying to: CalifLookieLoo (Feb 20, 2009 11:51 am)

I have 4 kids. I bought each kid a portable dvd player for less than half of what RES would cost. So not only do we use them on long trips, but they can go with us as well.
 
And best of all..since each child has their own - there is NEVER any arguing of whose turn it is to watch a movie.
 
Something to consider...
#12511 of 13818
EX-L Gladstone Honda, Portland OR by sicboy541
Feb 20, 2009 (10:39 pm)
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Picked up our Ex-L no RES from Gladstone Honda(Oregon) last night for $30,499 OTD + $218 DMV fees. If you're looking and in the Portland/Willamette Valley area this is the place to go. Did a lot of shopping around and got this price via internet sales team right off the bat. No one else came closer than $500. Great to deal with drove away with new vehicle in 1.5 hous. No monkey business or pushing of extended warranties, options etc. Really happy with the service. A+++
#12512 of 13818
Dumb Question about Balloon Payments by ronnyc
Feb 22, 2009 (8:02 am)
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I sort of asked this before and got some help, but I think I'm not in a good position and I would welcome someone setting me straight on this.
 
In 2005 I bought a Honda Pilot LX. It was one of those purchase/lease type arrangements with a balloon now due for $15000. The car has a Blue Book of about $12000.
 
I would like to get another car, obviously. So, if I purchase, say, a used CRV for $19000, what do I do about the balloon? Without the balloon, the situation would look like this:
 
$19000-$12000=$7000 financed.
BUT what happens with the balloon? Would Honda just roll it over for another couple of years? Could I, say, throw in an additional couple of thousand dollars and add to the finance?
 
I am very confused about this (and am ashamed that I am confused as I should have figured all this out before I purchased in 2005).
 
ANY HELP IS GREATLY APPRECIATED!!!!!
 
RON

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