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Honda Pilot Lease Questions

2588 messages,  Last post on Nov 22, 2009 at 6:04 PM

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

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#2091 of 2588 Re: 09 EX-L Lease Quote - Can I do better? [milzo] by dannyhashovav Nov 18, 2008 (7:06 am)
Replying to: milzo (Nov 17, 2008 6:35 pm) Hi Milzo,   i think your family friend can do better here is a breakdown from my spreadsheet based on your numbers:   Step 1: Calculate the Capitalized Cost Vehicle Selling Price: $31,000 Down-payment $0 Total: $31,000 Step 2: Calculate Vehicle's Residual Value MSRP: $35,800 Residual: 51% Total: $18,258 Step 3: Determine Vehicle's Total Depreciation Residual - Cap Cost: $12,742 Step 4: Determine Vehicle's Monthly Depreciation Lease Term in Months: 36 Total: $354 Step 5: Determine Interest Charges Money Factor: 0.00110 Total: 54 Step 6: Calculate Monthly Payment Total Pre-tax Monthly Payments $408 Sales Tax Rate: 7.75% Taxes per month: $32 Monthly Payments+Tax: $440   Hope that helps Dannyhashovav Replies to this message: hornsby377 (Nov 18, 2008 9:22 am) milzo (Nov 18, 2008 10:06 am) jenn22 (Nov 25, 2008 4:28 am) dannyhashovav (Nov 25, 2008 7:23 am)
#2092 of 2588 Re: 09 EX-L Lease Quote - Can I do better? [dannyhashovav] by hornsby377 Nov 18, 2008 (9:22 am)
Replying to: dannyhashovav (Nov 18, 2008 7:06 am) Thank you for this, I think by using your calculation I figured my Car Dealer includes my Liceses and Doc Fees into my lease, but also says it's due at signing.   Also, Are fees like (Doc, License, CVR) these figured into the whole Capital Cost of the car?? Or should they be added at the end???   Maybe I should just pay those up front, and be sure not to get double charged.   Anyone know what a CVR Filing fee is??   Thank you!
#2093 of 2588 Re: 09 EX-L Lease Quote - Can I do better? [dannyhashovav] by milzo Nov 18, 2008 (10:06 am)
Replying to: dannyhashovav (Nov 18, 2008 7:06 am) Thank you very much for taking the time to spell it out. I knew that was about where it should be but didn't know how to do the calculations. Thanks!
#2094 of 2588 Can I do better than this? 2009 Honda Pilot EX-L 4WD w/RES by scottband Nov 19, 2008 (9:51 am)
Here is what Mike Piazza Honda in PA just offered me and it's better than several other places. Is this a good deal or can I get better, and by how much?   3 yr/36,000 miles $1,000 out the door $488 per month lease   Base invoice = $33,979 Vehic price = $32,529 ACQ Fee = $595 Cash Reduc = $289 Net Cap Cost = $32,834 Resid % (book) = 48% Resid % (net) = 50% Resid $ (net) = $18,732 Frt-End Profit = -$1,750 (it appears to be a negative) Reserve Profit = $200 Total Profit = -$1,550 (it appears to be a negative) DMV Fees = $186.45 Initial Payment = $1,000   Can I do much better than this? An extra $5 here and there aren't going to make a huge difference and not worth the extra time. Thanks
#2095 of 2588 2009 Honda Pilot Lease by nico18 Nov 19, 2008 (2:09 pm)
Does anyone have any feedback on a lease for a new Honda Pilot EXL-RES-AWD. Below are the most recent terms from the dealer. They still seam high so I'm curious whether anyone has any insight.   $37,465.00 - MSRP    $32,812.00 - Selling Price          $900.00 - Down Payment     $17,983.20 - Residual 48%             15,000 - miles per year    $482.17 + 7.75% tax = $519.54 per month for 36 months Replies to this message: bigdadi118 (Nov 22, 2008 12:30 pm)
#2096 of 2588 299 Pilot Lease by pilotbound1 Nov 21, 2008 (7:41 pm)
I have a 2006 Pilot EX coming up for return in Feb 09. I called a LI dealer who advertised a 2009 EX Pilot $299 a month for 36 months, $0 down Tax, Title, First month payment , Bank fee $295,Destination fee $695. I called and this is the vechicle I am interested in . I see from some posting that the destination fee seem to be a duplication and maybe the dealer uses this for margin dollars?. The dealer says that he has cars for this, should I waste my time and go there , and since I have 3 months left on my lease will they buy that remaining lease to lease the new one . How despirate are dealers today ? or do I wait till January / Febuary? I am expecting that this deal woul have about a total of $2,500 down Thank you for the input. Replies to this message: golic (Nov 25, 2008 6:54 am)
#2097 of 2588 Re: 2009 Honda Pilot Lease [nico18] by bigdadi118 Nov 22, 2008 (12:30 pm)
Replying to: nico18 (Nov 19, 2008 2:09 pm) Honda Finance LEASE SPECIAL www.honda.com LEASE CALCULATOR      2009 Pilot 4WD EX-L w/RES 36 Months Term 15,000 Annual Mileage   $471.60 before tax *Lease Summary: Required Refundable Security Deposit $475.00, 1st Monthly Payment $471.60, Esimated Selling Price $32,812.00 Capitalized Cost Reduction (down payment) $900.00 to equal an estimate total of $1,846.60 due at lease signing.
#2098 of 2588 Re: Invoice price of 2009 Honda Pilot EX-L 4WD with RES + the running boards wi [scottband] by citivas Nov 22, 2008 (6:32 pm)
Replying to: scottband (Nov 17, 2008 7:31 pm) Scottband, I live near Princeton and got an '09 Touring 4WD w. RES in late August. I ended up using this site and several others to get internet quotes and that helped the dealers get way more competitive that they were being in-person. I ended up buying from Academy Honda in Old Bridge about a 30 minute drive) because they were much more copetitive. Though ironically after the purchase the Princeton dealership emailed me with a competitive counter quote but they were way too late and they should have just been competitive up-front when I was in for a test drive or when I first got their online quote...   Good luck.
#2099 of 2588 Re: questions.... [Car_man] by citivas Nov 22, 2008 (6:41 pm)
Replying to: Car_man (Nov 13, 2008 6:45 pm) Car_man, what is the current Honda money factor and residual value for a 36 month, 12K/year lease with for a 2009 Pilot Touring 2WD withOUT RES?   I am helping my friend close a deal and this is what they are looking for. BTW, I got mine (4WD Touring w/ RES) in late August and the residual was 52% at the time. Below 50% early in the model year seems low. Are all the SUV brands residuals going down like this are are their any still offering a strong residual right now?   Thanks. Replies to this message: Car_man (Dec 04, 2008 3:56 am)
#2100 of 2588 Re: 09 EX-L Lease Quote - Can I do better? [dannyhashovav] by jenn22 Nov 25, 2008 (4:28 am)
Replying to: dannyhashovav (Nov 18, 2008 7:06 am) How did you compute 54 in Step 5? Replies to this message: dannyhashovav (Nov 25, 2008 7:23 am)

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