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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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Replying to: ronnyc (Feb 20, 2009 7:33 am) 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.
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Replying to: golic (Feb 20, 2009 8:30 am) Again, thanks. RON |
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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!
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Replying to: hawkmanva (Feb 20, 2009 5:21 am) |
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Replying to: CalifLookieLoo (Feb 20, 2009 11:51 am) 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...
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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+++ | |
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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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Replying to: ronnyc (Feb 22, 2009 8:02 am) RON |
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Jan, 2009  http://www.carspace.com/bigdadi118/Albums/bigdadi118%27s%20Album/2009_01_Honda_s- ales.jpg/page/photo.html#pic |
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