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Honda Pilot Lease Questions

1982 messages,  Last post on Aug 29, 2008 at 6:55 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 Leasing, SUV


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#1573 of 1982
Re: $4000 under Invoice: Where? [m5yates] by dwynne
Feb 15, 2008 (5:20 am)
Reply

Replying to: m5yates (Feb 14, 2008 10:35 pm)

Try Hennessy in Woodstock, GA. The priced my lease Pilot down into hold back.
 
You should also post over in the Pilot prices paid forum , since this is the Pilot LEASE forum fewer folks will be buying Pilots that view this forum.
 
Dennis
#1574 of 1982
Re: $4000 under Invoice: Where? [dwynne] by m5yates
Feb 15, 2008 (6:41 am)
Reply

Replying to: dwynne (Feb 15, 2008 5:20 am)

Thank you Dennis.
 
Sorry about the off topic post. I was looking at the forum name (Prices Paid: Buying & Leasing Experiences) not the thread title when I posted.
 
Bill
#1575 of 1982
Re: $4000 under Invoice: Where? [m5yates] by bigblueindy1
Feb 16, 2008 (1:07 am)
Reply

Replying to: m5yates (Feb 15, 2008 6:41 am)

Just leased a steel blue metallic SE last weekend at Sam Swope in Louisville Ky. They paid $1500 worth of lease payments and I got out the door for $400 month/36 months taxes included with no money down. They even kept my 05 Pilot and had it inspected for me which luckily came out with no charges after the Honda inspection today. I looked around at other dealers but I always come back to them because of the pricing and service they offer. If anyone wants my salesperson's name leave me an email address.
#1576 of 1982
New here, need help... by jackson11
Feb 16, 2008 (10:15 am)
Reply
Hello,
 
I'm new here and trying hard to take all of this knowledge in so thank you for all of your help.
 
I'm looking to lease an 08 Pilot EXL, 36 months, 12K miles per yr...
 
The seemingly 2 best quotes I've received are these:
 
$355 per month w/ 1500 due signing
$386 per month w/ 486 due signing
 
What questions do I need to ask the salesperson so that I can break this all down to see what I am paying for the vehicle? I guess I'm not grasping all of these numbers and formulas I'm seeing on here. Thanks for any and all help.
#1577 of 1982
Re: New here, need help... [jackson11] by piloti_sti
Feb 16, 2008 (10:33 am)
Reply

Replying to: jackson11 (Feb 16, 2008 10:15 am)

Ask the dealer what the selling price is, and what the dealer fee is. The money factor and residulal should be .00014 and 51% then you can go here http://leaseguide.com/calc.htm and plug the numbers in and see if it makes sense.
#1578 of 1982
Re: New here, need help... [piloti_sti] by jackson11
Feb 16, 2008 (1:13 pm)
Reply

Replying to: piloti_sti (Feb 16, 2008 10:33 am)

Thanks for your reply. Here is what the first dealership told me.
 
36 months, 12K per year, $386 per month payment, $486 down signing...
 
Sell price $30,012, tax $816.89, dealer fee $595, Residual $18,062 (which dealer said was 53% but my calculations say 54%), money factor of .00030 .
I'm still waiting of the figures from the other two dealerships.
Any opinions of this? It still flies over my head a bit. Thanks for the help.
#1579 of 1982
Re: New here, need help... [jackson11] by dwynne
Feb 16, 2008 (1:45 pm)
Reply

Replying to: jackson11 (Feb 16, 2008 1:13 pm)

First step - get the price of the Pilot. You want to be around $1k UNDER invoice as shown online (Edmunds, KBB, carsdirect.com, etc) for the Pilot including destination and dealer doc or prep fee. Some are getting even lower prices, down into the hold back.
 
Once you have the low price, it is simply a matter of plugging the numbers into a lease calculator and seeing how the payment falls.
 
With these cheap lease deals, I would roll the $595 bank fee, taxes, and just about everything except maybe the first month's payment into the lease.
 
Dennis
#1580 of 1982
EX-L w/ Nav - Residual and Lease Price by mchearsch
Feb 16, 2008 (2:29 pm)
Reply
Hi all.
I am located in Atlanta, GA and have been shopping around for and 08 EX-L w/ Nav.
Have read all the boards and have seen what others are getting for this truck and I am getting nowhere near that.
 
Being quoted on a 3yr/36000:
 
MSRP - 34880
CAP - 30500 (the lowest so far)
Residual - 48% (by 2 dealers)
MF - .00014
 
Cap seems high (I was thinking I would be able to get 29 something) and the residual seems low (most people here are getting 51%)
 
Any thoughts? Suggestions?
THANKS
#1581 of 1982
EX Residual by tifighter
Feb 16, 2008 (3:06 pm)
Reply
Has anyone heard what the actual residual is in on an EX AWD right now? I know 54% seems to be the consensus, but Honda does not appear to use straight sticker to to calc from, which is why I am seeking an actual amount. Ideas?
#1582 of 1982
Re: EX Residual [tifighter] by jackson11
Feb 16, 2008 (3:17 pm)
Reply

Replying to: tifighter (Feb 16, 2008 3:06 pm)

I'm new to this but within the last hour two dealerships have quoted me 54% residual on an 08 Pilot EX-L (no nav or dvd) 4 wd. Both dealers told me residual was 53% but when I run the numbers in the lease calculator, both scenarios show 54%. On the EX-L, both dealerships quoted the same residual number of $18,062.

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