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Prices Paid: Buying & Leasing Experiences Honda Pilot Lease Questions
1973 messages, Last post on Aug 28, 2008 at 7:53 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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I'm one month away from the end of a 36 month 05 Pilot LX lease and want to go with another Pilot. Presently I'm paying $302. per month and paid $0. towards cap cost. Vehicle was leased from Peters Honda in Nashua NH. I live in MA. Has anyone heard of a deal comparable to this in my area? I don't care about the trim. Thanks All. |
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Hello, I'm looking to lease a Honda Pilot EX-L FWD sometime between now and the end of the year, and am wondering what kind of Money Factor & Residual AHFC is offering, so that I can be in good shape to negotiate with the dealer. I live in Dallas, TX. Can you tell me the Rez/MF for a 3yr/45kmi & 4yr/60kmi lease? Thanks, Thierry |
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Hi: The lease price i was quoted seems high to me and i am hoping that you can tell me what i should be paying. I received a quote from a dealer on a new lease for an '08 Honda Pilot EXL AWD with navigation system of $480/month for 36 months with $2000 down and 15K miles. The total price of the car offered is $32,115 (1K below dealer invoice). The sale price seems great but the lease price seems way too high to me. This is the first car i've ever purchased so i have no idea what i should be paying. I would greatly appreciate your help. Thank you!! |
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Hi all, we're looking at a 2008 Pilot EXL-AWD w/RES...and possibly one with NAV as well. For a minute, let's leave aside the "best price" question as I've asked that in the other Pilot forum. My question is whether we should lease or purchase. We've always purchased. But the Honda guy was doing his best to talk us into leasing. If we pay "cash" for this Pilot we'd be taking the money out of our home equity line of credit, and probably paying 7.5% on the money (I think, I have no idea). But then on that 7.5% we get to deduct the interest paid off our taxes, right? So that would reduce our effective interest rate down to about 5% or so, right? If this is all relatively correct, wouldn't this be a much better deal than leasing? Frankly the other two reasons I've always avoided leasing is 1) I dread the thought of worrying about nicks and scratches on our returned vehicle and what the dealer might charge us for that; 2) all the terms and "stuff" has always seemed very confusing to me - as if it's a way for the dealer to hoodwink the consumer. I consider myself to be of at least average intelligence, but when I start looking at "cap rates" and what-not, I just lose interest and say "aww to heck with it, just let me buy it". Thoughts? Thanks.
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Replying to: strokeoluck2 (Nov 23, 2007 6:58 pm) Also, here is a way to look at. Money factor of .0017 by Honda equals 4.08% rate. Money factor by 2400 gets ya that. So that is definately less than your home equity. At the end of the lease buy the car outright if ya want and you got some cheap money and you know the car your purchasing from new. |
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I'm going to lease a PILOT '08 AWD EXL w/ RES in NJ I'm not sure about all the exact details MSRP ~35,000, Sale Price ~30,000, Residual Value 51% but the bottom line deal is: $1,000 out of pocket + 35 payments of $442 all taxes and fees are included. I'm also returning a 05 PILOT AWD EXL which I still owe $644.15 on, which they will cover. any comments are welcome.  
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i have been emailing back and fourth for a couple of weeks 4 dealers in west pa. Keep on working on them and they will come down! Email your best offers to the other dealers and when the moment comes up that they really want to sell a car they will get back to you with a better deal but it took some time. Preston honda EX 4WD 3 yr/ 36000 lease $3000 down/ $328 per month including 7% sales tax This was after an offer of 348 was sitting on the table for two weeks |
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Carman - I believe Honda has released its December lease programs. Can you tell me the following for a 24-month lease (15k miles per year) of a 2008 Pilot EX 4WD? I'm in NJ. 1) Money Factor 2) Residual Thanks.
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So what did they do to the deal? The payment dropped $20 and they dropped the cap reduction by a thousand? Looks sweet to me..... What is the fine print?
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Replying to: yinzer1 (Dec 03, 2007 1:19 pm) Please post the December numbers (cash, residual, money factor) for the 2008 Pilot EX-L 4WD - 36 months, 12k per year. Looks like it got better this month. Thanks.
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