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Honda Pilot Lease Questions

2588 messages,  Last post on Nov 22, 2009 at 6:04 PM

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What is this discussion about? Honda Pilot, Car Leasing, SUV


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#2201 of 2588
Re: Honda Pilot Lease [vrynice] by dcfak
Jan 16, 2009 (9:16 am)
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Replying to: vrynice (Jan 16, 2009 8:04 am)

South eastern NC. The tax isn't inluded in the paymenty it's due at the end of every year.
#2202 of 2588
Re: Honda Pilot Lease [golic] by golic
Jan 17, 2009 (5:35 am)
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Replying to: golic (Jan 15, 2009 2:46 pm)

Honda Extended Lease option-
 
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?
#2203 of 2588
Re: Honda Pilot Lease [golic] by dcfak
Jan 17, 2009 (7:34 am)
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Replying to: golic (Jan 17, 2009 5:35 am)

When I spoke to Honda about extending my Pilot lease they said I would get 1050 extra per month. My original lease was based on 12k.
#2204 of 2588
by dcfak
Jan 17, 2009 (8:33 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?
#2205 of 2588
Extending current lease vs. new lease by ck90211
Jan 17, 2009 (2:36 pm)
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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.
#2206 of 2588
Touring 2WD no RES Residual by PTJ23
Jan 17, 2009 (2:37 pm)
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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?
#2207 of 2588
Re: Extending current lease vs. new lease [ck90211] by bigdadi118
Jan 17, 2009 (2:51 pm)
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Replying to: ck90211 (Jan 17, 2009 2:36 pm)

ck
 
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
#2208 of 2588
Any $350 EXL 2WD (no down) leases? by ck90211
Jan 17, 2009 (3:09 pm)
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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).
#2209 of 2588
by dcfak
Jan 19, 2009 (1:49 pm)
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How does $335 per month for 39mo., no money down ,12k/year sound for an 09 pilot LX AWD
#2210 of 2588
MF and Res Question by jrm005
Jan 19, 2009 (5:06 pm)
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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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