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Honda Pilot Lease Questions

2588 messages, Last post on Nov 22, 2009 at 6:04 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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I just spoke to a dealer that told me the residual for a 2wd Touring w/ no RES is 46% for 12K miles. Does anyone know if this is true or what the actual residual is?
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Replying to: ck90211 (Jan 17, 2009 2:36 pm) It is getting close for your search re EXL (FWD or AWD?) between 300-350/mo. This week I saw one special lease no money down with $338/mo (b4 tax), 39 mo., for 09 EX FWD (only ONE available) ... keep on checking http://www.boch.com/bochhtml/bochhonda/pages/promotions.aspx no money down, $398/mo. for 09 EXL - check its monthly promotion http://www.boch.com/bochhtml/bochhonda/pages/HondaSpecials.aspx |
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Wow thanks for the headsup. If I can find a EXL 2WD (without RES or NAV, and no down) for $ 350/month I'll do it. I know my 06 EXL 2WD lease was a good a deal, that is why I am thinking about extending until something cheap comes along (or if it needs some costly services). I typically don't like leather seats but the 06 leather was a rare exception, that is why I would prefer EXL over EX. Just wish Honda would put hybrid in these for 30 mpg city. Then I would buy one (not lease) today. My other car is a Prius, so it's hard to deal with 17 mpg city (thank you cheap gas, for the time being). |
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| How does $335 per month for 39mo., no money down ,12k/year sound for an 09 pilot LX AWD | |
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I am looking for information on the following models: EX (2WD) 12K miles - Money Factor? Residual? Term? EX-L (2WD) 12K miles - Money Factor? Residual? Term? Thanks in advance!!
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