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Honda Pilot Prices Paid and Buying Experience

13799 messages,  Last post on Dec 02, 2009 at 10:23 AM

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


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#12769 of 13799
09 Pilot EXL 4WD Michigan by blkpilot
Apr 28, 2009 (3:26 pm)
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I normally don't post but seeing that I read everyone's for tips and ideas it is only fair that I write my experience.
 
I got a 09' EXL Pilot 4WD for 30,000 base BUT we also picked up a 09' Civic Hybrid for 22,000 base - not sure if that matters or if we got a deal.
 
Someone else on here suggested group buys to save money - I totally agree. At the end of the day, the same dollar can either stay in your pocket or the dealerships- not sure about you but I prefer it stays in mine. My salesman was pretty cool and I would recommend him
#12770 of 13799
EX-L Lease Deal by rjarvis
Apr 28, 2009 (4:26 pm)
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Got the following deal offered in Tampa FL
 
2009 EX-L Base
 
MSRP 34,265
Sales 30,200
Down 1,000
Residual 48%
MF .00151
36 months 12K miles
Payment $432 pre tax
 
Not too keen on the down over 1st payment but might be applying to TTL etc. What is the current Dealer Cost (profit) on these leases?
 
I have been working with the on-line lease calculators and a similar excel spread but can't seem to get back to their pmt. Would indicate they are adding something but not disclosing.
 
Have been working with them several days and this seems like their bottom.
 
Leaning toward sitting still till next month (Memorial Day Specials) to see if it gets better. Can believe it will get worse.
 
Any thoughts?
#12771 of 13799
Re: EX-L Lease Deal [rjarvis] by rekfla
Apr 29, 2009 (8:28 am)
Reply

Replying to: rjarvis (Apr 28, 2009 4:26 pm)

Got a quote of $467 (OTD) a month on 2009 EX with 0 down, 12,000 miles/yr. Also west coast of FL.
#12772 of 13799
Re: EX-L Lease Deal [rjarvis] by rasp
Apr 29, 2009 (9:06 am)
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Replying to: rjarvis (Apr 28, 2009 4:26 pm)

I got a deal for $ 620 ( with tax) per month lease for 39 months. 15000 miles.
for 4WD- touring model.
#12773 of 13799
New 2009 EX-L In Hillsboro Oregon by theworkz
Apr 29, 2009 (12:15 pm)
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I just bought an 2009 EXL Cherry with Black Leather in the Portland Metro area on Friday for $29,999. Since Oregon doesnt have sales tax, my out the door costs for registration/dmv was only $218. So, my total was $30,217. It took some haggling and holding my ground on the price, but I was able to get it. No one should be paying MSRP. THe MSRP on mine was $36k.
#12774 of 13799
Re: New 2009 EX-L In Hillsboro Oregon [theworkz] by daddyyankee
Apr 29, 2009 (5:56 pm)
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Replying to: theworkz (Apr 29, 2009 12:15 pm)

Did you buy a 4wd? How the heck were you able to score that price? If it was an EX-L 4WD, then you got it for $100 below actual dealer cost. The dealer is losing money on the sale. Did you have a trade in? I just don't understand how a dealer can sell for that low unless there is some hidden dealer incentive that we don't know about. I paid the same price for an EX-L 2wd and an sh** load of sales tax. In Los Angeles our sales tax is 9.75%. I'm moving to Oregon.
#12775 of 13799
Re: New 2009 EX-L In Hillsboro Oregon [daddyyankee] by theworkz
Apr 30, 2009 (6:17 am)
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Replying to: daddyyankee (Apr 29, 2009 5:56 pm)

Yes, it was the 4WD. They had a Pilot on sale for $29,999 but it had 4,200 miles on it. I used that price as my baseline and told them if they could get me the color I want which was the cherry pearl, and no miles (well 62), then I would make a deal.. I just worked them for a little (maybe 15 min), and finally I just laid out the stats for them and they caved. I said "Hey, Honda Pilot sales are down 55% this year, there are over 150 Pilots in the Portland Area on Lots sitting, and you have had this car on your lot for over 120 days.. You guys have to show your moving cars, give it to me at $29,999 and I will help you guys." I also went in with a pre-approval letter from my Credit Union, so they knew I already had the money ready and I wasn't just bartering to barter..
 
He came back after talking to his manager and said "Fine, do we have a deal" and he put his hand out. Before finalizing the deal, I was able to have them also throw in 2 years of free maintenance.
#12776 of 13799
Re: New 2009 EX-L In Hillsboro Oregon [daddyyankee] by bigdadi118
Apr 30, 2009 (10:31 am)
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Replying to: daddyyankee (Apr 29, 2009 5:56 pm)

The dealer is losing money on the sale
 
Ha we still don't know lots of other ways that dealers can make money, thus you think the dealer is losing money on the sale. Believe me, it is rare that dealers are gonna sell in losing money. The can get profit one way or the other.
#12777 of 13799
Re: New 2009 EX-L In Hillsboro Oregon [bigdadi118] by theworkz
Apr 30, 2009 (12:00 pm)
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Replying to: bigdadi118 (Apr 30, 2009 10:31 am)

I doubt the dealer lost anything. The only thing interesting is the salesmen didnt say anything about them loosing money on the one I bought. But when I went to finalize everything with the floor manager person, he said that this was below their purchase price and he said this was the best deal he's seen someone walk out with on this model. I'm not sure I buy the purchase price comment, but I do think I did ok on the deal.
#12778 of 13799
Re: New 2009 EX-L In Hillsboro Oregon [bigdadi118] by kellysim
Apr 30, 2009 (5:20 pm)
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Replying to: bigdadi118 (Apr 30, 2009 10:31 am)

The guy who wrote that the dealer is losing money is obviously a dealer!
 
They didn't come close to losing anything on this deal. First of all, the thing is virtually unsaleable. That's why there are so many on the lots. They have to move them, or something, or they are going to die off. That's probably what Honda wants at this point anyway, to thin out their dealership base. If they are going to sell 40% fewer cars, what do they need so many dealerships for?
 
Around here there are so many EXLs it's ridiculous. I wouldn't buy one for $30k or even $29k. Why? Why not just wait if you can, the prices are going to drop like a rock.
 
That's a good one - they are losing money! Really funny. (The dealers must hate the internet at this point).
 
These car dealers are thieves, let them starve. They've been raping the common man for so long - so let them eat cake.
 
Good luck to all.
 
P.S. The dealership with 50 EXLs in my area sold 3 between April 1 and April 30 (i.e. today).

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