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Honda Pilot Lease Questions

2588 messages,  Last post on Nov 22, 2009 at 6:04 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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#2028 of 2588
Re: Good lease on a 2009 Honda Pilot EXL? [iamknott] by Car_man HOST
Oct 16, 2008 (2:51 pm)
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Replying to: iamknott (Oct 16, 2008 2:31 pm)

I see where you're coming from, iamknott. I probably was a little harsh . My problem with the Pilot is that I would probably be in one right now if Honda had an attractive lease payment on it. The payments that are available on it are way out of whack. Take a look at the current advertised payments for the models that we have mentioned:
 
$409/36 mo. w/ $2,995 down for a 2009 Pilot 2WD EX-L
$349/36 mo. w/$3,690 down for a 2008 4Runner SR5 V6 2WD
$289/36 mo. w/$2,710 down for a 2008 4Runner SR5 V6 2WD
$599/33 mo. w/$3,050 down for a 2009 ML350 AWD
 
I realize that the Pilot is newer and bigger than the 4Runner and Highlander, but for the difference in payment for me going with one of the Toyotas is a no-brainer.
 
Granted I got a better deal than most people probably will, but I'm leasing an ML350 for $450/month with nothing down right now.
 
To me, the Pilot lease payment is just not in line with what it should be right now. Perhaps Honda will ultimately be forced to improve it some. It was better back in August when Honda was advertising $299 per month for 42 months with $1,105 down.
 
Oh well. It's all about supply and demand. If Honda sells enough Pilots at this price point, good for them. If not, they will have to either cut production or increase their support.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2029 of 2588
EXL lease by leto
Oct 20, 2008 (8:30 am)
Reply
Folks,
 
just wanted to share:
I have just leased EXL-4WD (no RES) in NYC area:
 
36 Mo / 12K per year / $1400 upfront (inclusive all fee and taxes) / $450 a month.
Great car and -IMO- good deal.
 
Cheers.
#2030 of 2588
Re: EXL lease [leto] by djhalptert
Oct 20, 2008 (11:04 am)
Reply

Replying to: leto (Oct 20, 2008 8:30 am)

Leto,
 
Would you mind psting the specifics of your deal? i.e. MSRP, Selling Price, Residual, Money Factor, Net Cap Cost, Fees. Thanks. You could pretty much post the line by line of your lease contract if you don't know the numbers off the top of your head.
#2031 of 2588
Re: EXL lease [leto] by ny14337
Oct 20, 2008 (8:22 pm)
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Replying to: leto (Oct 20, 2008 8:30 am)

Leto,
 
That's the exact vehicle I'm looking for. Can you tell me what dealership you got that dfeal from and what the exact numbers are, if you don't mind? I'm also in the NYC area (Long Island). Thanks!
#2032 of 2588
Re: EXL lease [ny14337] by leto
Oct 21, 2008 (4:00 am)
Reply

Replying to: ny14337 (Oct 20, 2008 8:22 pm)

Madison Honda, Madison, NJ. Also try Bay Ridge Honda. in Brooklyn.
 
My numbers might be off few back on upfront payment (Bank fee / Tax / MV fee / Doc fee).
 
Good luck.
#2033 of 2588
Re: EXL lease [leto] by indianajohns
Oct 21, 2008 (3:09 pm)
Reply

Replying to: leto (Oct 21, 2008 4:00 am)

My numbers might be off few back on upfront payment (Bank fee / Tax / MV fee / Doc fee)
 
A couple people wanted you to post your numbers from your lease paperwork. I also would like to see the exact numbers. Thanks.
#2034 of 2588
Re: EXL lease [leto] by chuck68516
Oct 22, 2008 (7:18 pm)
Reply

Replying to: leto (Oct 20, 2008 8:30 am)

Leto, I would also like to see the cap cost i.e. selling price on your deal. Also, what fees were added in? What was the $1400 going towards? Thank you.
#2037 of 2588
Re: EXL lease [chuck68516] by sjtash
Oct 28, 2008 (6:49 am)
Reply

Replying to: chuck68516 (Oct 22, 2008 7:18 pm)

What is the interest rate used to calculate the Money Factor?

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