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Prices Paid: Buying & Leasing Experiences 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
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Replying to: rainee (Jan 13, 2009 10:02 pm) Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: golic (Jan 14, 2009 7:50 am)  . The 2009 Pilot's "Super Preferred" tier buy rate lease money factor is definitely .00151. I thought that its 36 month, 15k residual value is 48%, but if the dealer is using 49% all the better. The higher your truck's residual value is, the lower its payment will be. The $1,500 dealer cash is scheduled to run through March 2nd. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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Replying to: Poehler (Jan 14, 2009 7:05 pm) In short, the best way to get a good deal on a lease is to negotiate as low a selling price as possible on the vehicle that you want and then have the dealer calculate your monthly payment using its buy rate lease money factor. Anyhow, check out those articles and let us know if you have any other questions. Car_man Host Prices Paid: Buying & Leasing Experiences Forum |
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| Is $24,370 a good sale for an 09 ex 2wd? MSrp was 28,265. Could I do better? | |
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Replying to: comp4 (Jan 15, 2009 7:58 pm)
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Replying to: vrynice (Jan 16, 2009 8:04 am) |
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Replying to: golic (Jan 15, 2009 2:46 pm) I just thought of something on the option of extending the lease. Does that also extend the mileage allowance? I had a 36m/15K lease. If I extend 6 months or 12 months, do I get another 15K miles or a prorated amount?
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Replying to: golic (Jan 17, 2009 5:35 am) |
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| Sorry for the lack of knowledge but it seems like I hear I should worry about the sales price vs the monthly lease payment amount. The monthly payment of a lease seems to be the only thing that affect me as long as I put no $ down. I don't understand why I can't just negotiate a lower monthly payment since this is the bottom line for me. What am I missing? | |
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My 06 Pilot EXL lease is about to end in 3 months. No money down and $313/month (including CA tax). It was a screaming deal. Absolute no problem since day 1 and probably good for another few years too. Reading mags and online, seems the best replacement for the old Pilot (need the 3rd row) is the new Pilot (room, mileage, amenities, reliability). But with the current lease rate, a new EXL (assuming the selling price is $ 30000) lease with no down is nearing $500/month. I don't think the new Pilot is worth the $200/month extra over the old Pilot. So looking to possibly extend the lease (with American Honda Financial) for 6-12 months, and wait for the next screaming Pilot deal (economy doesn't look like it will recover anytime soon). Just wondering for those who extended with American Honda Financial. Questions: 1. Are there any additional fees for CA? 2. Does it affect the damage allowance when I eventually return it? 3. Is it month-to-month or every 3 or 6 month extension? 4. Can I return the car at any Honda dealerships nationwide? 5. Does extending reduce the appraisal value (thus making the car harder to return without penalties)? This was my first lease, thus I have no experience with returns or extensions. So appreciate any feedbacks from folks who leased (especially from Honda) before. Oh yeah, if anyone seen new Pilot EXL with no down for $ 300-350, let me know.
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