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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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#2185 of 2588
Re: [dcfak] by kat2800
Jan 12, 2009 (5:26 pm)
Reply

Replying to: dcfak (Jan 12, 2009 3:16 pm)

I had the same offer but for a 4X4 version. The 2WD should be less if they are giving the AWD for that price.
#2186 of 2588
Chicago Market by golic
Jan 12, 2009 (6:00 pm)
Reply
I say, the market sure has changed. I remember 3 years ago there were posts daily on prices paid from around the US.
 
I am looking for an 2009 EX-L, does anyone having any recent quotes for this vehicle in the Chicago market???
 
Thanks all..
#2187 of 2588
Re: Please help w/2009 Honda Pilot lease deal!! [Car_man] by rainee
Jan 13, 2009 (10:02 pm)
Reply

Replying to: Car_man (Dec 21, 2008 5:10 pm)

Thank you CarMan!!
I did purchase & love my new Pilot...I test drove everything else in the same class & the Pilot blew everything away. Especially with the rebate, I'm very happy with the deal that I got.
 
Thanks again, Rainee
#2188 of 2588
Re: Please help w/2009 Honda Pilot lease deal!! [rainee] by dcfak
Jan 14, 2009 (4:36 am)
Reply

Replying to: rainee (Jan 13, 2009 10:02 pm)

What did yoy pay? I'm looking to close a deal this week.
#2189 of 2588
Car_man - Honda Pilot 2009 EX-L by golic
Jan 14, 2009 (7:50 am)
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car_man-
 
Sorry to be a pest, but another salesman gave me some information and either I am confused or the sales guy is. As far as lease info on a 2009 Pilot EX-L (no res/no nav) 36month/15K miles:
 
Money factor .00151
Residual - 49% (When I said 48% - his comment was that was for vehicles with res/nav)?
 
Finally, is the dealer cash of $1,500 through 2/2 or 3/2?
 
Thanks car man, I do appreciate your time and energy you devote to this board, and if you can send me an email I would like to extend my appreciation.
 
Regards-
 
Golic.
#2190 of 2588
looking to lease a 09 honda pilot by Poehler
Jan 14, 2009 (7:05 pm)
Reply
I'm new to leasing and was just wondering what to look out for and how to get the best deal I can. Thanks for taking the time to reply. -JMP
#2191 of 2588
Re: looking to lease a 09 honda pilot [Poehler] by bigdadi118
Jan 15, 2009 (1:50 am)
Reply

Replying to: Poehler (Jan 14, 2009 7:05 pm)

http://townhall-talk.edmunds.com/direct/view/.ef0e959/12141!
 
Please check out my post above. Buying and leasing about same - find the lowest price first then figure out the lease + interest + tax per month. In leasing - best is no money down, that you don't lose much if the car is totaled in accident.
#2192 of 2588
Honda Pilot Lease by golic
Jan 15, 2009 (2:46 pm)
Reply
Interesting situation that I thought I would share with the group. I just got off the phone with AHFC since my 2006 Pilot is coming off lease next month.
 
I was amazed at the extension of the lease option. I can extend up to 24 months, at the same rate AND I could opt out at anytime. The way it was explained to me is that I can say, yes I want to extend for 6 months, then after two months I can say I am out - and pay no penalty. Or after 6 months i can "extend" one more time for any period of time. The maximum of the extension being 24 months.
 
The pressure to find a new vehicle has been lifted. I was worried that the dealer could paint me into a box knowing my lease was about to end..but now with this I have some freedom.
#2193 of 2588
Re: Honda Pilot Lease [golic] by Hoop1234
Jan 15, 2009 (3:49 pm)
Reply

Replying to: golic (Jan 15, 2009 2:46 pm)

If it sounds too good to be true.....
 If you extend the lease, at what point does the additional sales tax kick in...ie: 120 or 150 days? Also, the vehicle will need to be re-inspected after a certain amount of time and your vehicle is out of warranty. AHFC does allow you to extend "one more time".
#2194 of 2588
Re: Honda Pilot Lease [Hoop1234] by golic
Jan 15, 2009 (4:06 pm)
Reply

Replying to: Hoop1234 (Jan 15, 2009 3:49 pm)

Good point on the sales tax. However, I am in IL and we are one of the two lucky states were we get taxed on the full selling price of the vehicle on a lease.
 
That right, lease a vehicle for 30K - pay sales tax on the 30K, then 3 years later if you buy it out at 20K - guess what, sales tax on the 20K.
 
Yeah, speaking of the inspection people - I just called and cant get it looked at for 35 days. Nice.
 
As dumb as this may sound, I have been viewing this new lease as a "trade-in" it has giving me some perspective that it is not. The lease of the new vehicle is pretty independent of the expiration of the other.

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