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Prices Paid: Buying & Leasing Experiences Honda Pilot Lease Questions
2580 messages, Last post on Nov 11, 2009 at 4:15 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Hi, I've been following the forums on the Pilot lease and called some dealers yesterday to get quotes on a 3 year 36k EX AWD. But when I was on the Honda website, it looks like they increased th cap cost reduction to from $1250 to $2105 for the top credit tier. Also, the first quote a dealer emailed me had a 54% residual as opposed to the 51% that people have been reporting on this forum-which I'm happy about. The money factor is still .0011. If the Honda incentive is $2105, what should I be looking at for a sales price? invoice is $29657. Thanks, any feedback is appreciated
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Car_Man, Can you please post the current Residual percentage and MF for a Pilot EX AWD for 36 months 15k and 12k. Thanks gperr
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I got an offer to lease a 2009 Honda Pilot EXL 4WD, 36 months, 12,000 miles for $349 per month. $1,495 due at signing (bank fee, 1st month pmt and security deposit. This seems almost to good to be true. I am going to the dealer this evening to check it out. Anyone have any thoughts, good or bad?
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Replying to: sjtash (Dec 15, 2008 6:16 am)
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Just left a dealer in Northern NJ (DCH Paramus) and got quoted this lease... 2009 Honda Pilot 4WD Touring w RES MSRP $40,665 Cash due at signing $2000 (included first month, tags) 12K miles Payment for 36mos $525+tax Any thoughts?
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Replying to: dannyhashovav (Dec 15, 2008 7:04 am) I've dealt with the dealer before and was not particularly happy. I spoke to the three other dealers close by who told me they could not match it. The ad indicated the $ due at signing included the bank fee, which the other dealers said was supposed to be absorbed by Honda.
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Does the reduction by the Fed today have an impact on the Money Factor?
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Replying to: sjtash (Dec 16, 2008 1:33 pm) Anyone has any input on that? |
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Replying to: sjtash (Dec 16, 2008 1:02 pm) Based on your deal - i am not sure that $1,495 goes towards reducing the selling price of the vehicle. I.e. your cap cost could still be the same. Security deposit i think is waived by the Honda Finance Company so something is fishy here. Bank fees typically $595 could be rolled into your lease numbers. 1st month is your standard payment. I would not trust these guys until they lay down every little fee they are charging you. Beware. |
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Replying to: dmjf19 (Dec 16, 2008 12:33 pm) 2009 Pilot 2WD EXL w/ RES MSRP $35,865 Sales Price $33,138 Cash due at signing $800 (first month and "fees") 36 month, 12k miles money rate .00110 (salesman says this is great rate, about 1.1%) residual .50 shows no lease support. they just subtracted the 2100 from the MSRP.
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