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Honda Pilot Lease Questions

2576 messages,  Last post on Nov 04, 2009 at 3:29 AM

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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#2143 of 2576 Re: 2009 Honda Pilot lease offer [explorer1] by Car_man HOST Dec 21, 2008 (4:54 pm)
Replying to: explorer1 (Dec 04, 2008 6:12 pm) Congratulations on getting your new Pilot, explorer1. Thanks for taking the time to share with everyone. It sounds like you had a pleasant dealer experience. Make sure to share your thoughts on Boch by hopping on over to the Dealer Ratings & Reviews section of Edmunds.com. Enjoy your new ride !   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2144 of 2576 Re: '09 Pilot AWD EXL w- RES [kevin34] by Car_man HOST Dec 21, 2008 (4:57 pm)
Replying to: kevin34 (Dec 08, 2008 6:57 am) Hi kevin34. At first glance, this looks like a pretty good deal but the best way to tell is to look at the selling price that it is based upon. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. Without this number is is difficult how much of a dealer discount you are being given. Let us know what the selling price is and I am sure that either myself or another knowledgeable community member will gladly give you their opinion.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2145 of 2576 Re: Help on Lease quote [bgech] by Car_man HOST Dec 21, 2008 (5:05 pm)
Replying to: bgech (Dec 10, 2008 8:29 am) Hi bgech. It is in your best interest to keep these two transactions, your trade and your new lease, separate. The simpler you make things, the less likely the dealer is to pull one over on you. Shop around and negotiate the lowest possible selling price that you can get on the new Pilot that you want. Given the $1,250 dealer cash incentive that is available on leases of this truck right now, you shouldn't have much trouble getting one for $750 to $1,000 under invoice.   Once you have reached an agreement on the price of your new Pilot, have the dealer calculate your monthly payment using its buy rate lease money factor. Honda Finance's current buy rate for this truck is .00110 for consumers who qualify for its top aka "Super Preferred" credit tier.   When you are all set on your new vehicle, introduce your trade-in into the equation. It is in your best interest to have the dealer that you are working with cut you a check for any equity that you have in your trade rather than using the proceeds from it as a capitalized cost reduction on your new lease. I always advise consumers against making large down payments when leasing. Those who make them risk losing part or all if them if their vehicle is totaled in an accident or stolen and never recovered.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2146 of 2576 Re: Please help w/2009 Honda Pilot lease deal!! [rainee] by Car_man HOST Dec 21, 2008 (5:10 pm)
Replying to: rainee (Dec 10, 2008 9:36 pm) Hi rainee. The dealer invoice price of a 2009 Honda Pilot EX-L 4WD is $32,533. If one subtracts the $1,250 dealer cash that Honda is providing on leases of this truck from that the invoice price falls to $31,283. The selling price that you were quoted is even lower than that, meaning that this is a vary good deal.   Not only are you getting a great selling price on this truck, but the dealer is using Honda Finance's current buy rate of .00110 to calculate your monthly payment. If you like the Pilot, I personally don't see any reason not to pull the trigger on this deal. This is about as good as it is going to get.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum Replies to this message: rainee (Jan 13, 2009 10:02 pm) dcfak (Jan 14, 2009 4:36 am) Car_man (Jan 16, 2009 3:05 am)
#2147 of 2576 Re: Lease on 2009 pilot EX AWD [familyman2] by Car_man HOST Dec 21, 2008 (5:12 pm)
Replying to: familyman2 (Dec 14, 2008 2:21 pm) Hi familyman2. If I was interested in leasing a 2009 Honda Pilot right now, I personally would shoot for a selling price of around dealer invoice minus the $1,250 cash incentive that Honda is currently providing on it.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2148 of 2576 Re: Pilot EX AWD Res & MF [gperr] by Car_man HOST Dec 21, 2008 (5:14 pm)
Replying to: gperr (Dec 14, 2008 5:41 pm) Hey gperr. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2009 Pilot EX AWD with 15,000 miles per year are .00110 and 52%, respectively for consumers who qualify for its "Super Preferred" credit tier and pay a security deposit at lease signing. The residual value for a lease with only 12,000 miles per year is 2% higher.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2149 of 2576 Re: Fed Interest Reate Changes and effect on Money Factor [sjtash] by Car_man HOST Dec 21, 2008 (5:15 pm)
Replying to: sjtash (Dec 16, 2008 1:33 pm) Hi sjtash. No, the Federal Funds rate has no direct impact upon the interest rates that automakers' captive finance companies charge on loans and leases.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2150 of 2576 Re: 2009 Honda Pilot Touring 2WD w/RES with running boards [jimmy411] by Car_man HOST Dec 21, 2008 (5:33 pm)
Replying to: jimmy411 (Dec 21, 2008 2:16 pm) Hi jimmy411. The dealer invoice price of a 2009 Honda Pilot Touring 2WD with the entertainment system is $35,425. If one subtracts the available $1,250 dealer cash from that it drops to $34,175. The selling price that you were quoted is very close to that, so it is a very good deal. The money factor that you were quoted is right in line with Honda Finance's current buy rate for this truck as well.   If you like the truck, I personally don't see any reason not to pull the trigger on this deal. The only thing that I personally would change would be to eliminate the $681 capitalized cost reduction. I always advise consumers against making down payments on leased vehicles. Those who make them risk losing part or all of them if their vehicle is totaled in an accident or stolen and never recovered.   Car_man Host Prices Paid: Buying & Leasing Experiences Forum
#2151 of 2576 2009 Honda Pilot Touring AWD w/RES by rjohnson1987 Dec 21, 2008 (6:51 pm)
Hi Car_Man! Could you please post the residual value on a 2009 Honda Pilot Touring AWD w/RES and one without RES? This would be for a 36 month lease and 15k miles per year. Thanks! Replies to this message: Car_man (Jan 07, 2009 4:00 am)
#2152 of 2576 Pilot EX 4WD lease by slt3 Dec 22, 2008 (2:51 pm)
We are looking to lease a Pilot EX and have been offered this deal:   2009 Pilot EX 4WD   MSRP $32,665 Selling price $27,906 12K 36 month lease $800 total due at signing $366 a month including taxes (taxes are 5%, so the payment is about $348? without taxes) OR $385 for a 15K 36 month lease with taxes   What do you think? Thank you!

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