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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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#2504 of 2588
Re: Lease [zdogs] by glennjr
Jun 29, 2009 (9:04 pm)
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Replying to: zdogs (Jun 25, 2009 9:10 am)

$29568 including destination on a 4x4 EXL no RES. Honda Universe in Lakewood NJ. Good dealership, minimal cash flow games played. $279 doc fee was the only addition (steep but better than the $595 prep packages some dealerships use). Went with a 3yr/15k lease which came to $415 a month with a $1500 cap cost reduction (hate putting money down but needed to fit into my budget, if you can afford payment roll EVERYTHING in except 1st month). In NJ stock was dwindling except for EXL-RES and i wanted black. Tomorrow (last day of the month) is an ideal time to strike, after that you are playing with fire as residual/mf and $1500 dealer incentive could change. Good luck to all.
#2505 of 2588
Re: 2009 Pilot XL w/RES plus aftermarket bluetooth [honda2009] by glennjr
Jun 29, 2009 (9:05 pm)
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Replying to: honda2009 (Jun 29, 2009 8:08 am)

As nice as it is to have RES from the manufacturer it is not a smart move if you are leasing the vehicle. Here is why: Not only does Honda charge approx $1500 for the system itself but you are actually getting 1% less on your residual (47% on EXL-RES vs 48% on EXL) which equates to about 10 per month or $360 over life of 36month lease. $1860 for an option in a car is alot for something you have to turn back in 3 years from now. You be much better off buying an aftermarket one which will cost much less and can be brought to your next vehicle. Just a thought, good luck with whatever you get...it is a great SUV.
#2506 of 2588
Re: 2010 EX-L Lease [amylr130] by Car_man HOST
Jul 01, 2009 (2:37 am)
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Replying to: amylr130 (Jun 10, 2009 5:28 am)

Hi amylr130. Through July 6th, Honda Finance's buy rate lease money factor and residual value for a 36 month lease of a 2010 Pilot EX-L 2WD without the entertainment system with 15,000 miles per year are .00220 and 49%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2507 of 2588
Re: May Pilot Lease rates [no_to_co] by Car_man HOST
Jul 01, 2009 (2:39 am)
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Replying to: no_to_co (Jun 10, 2009 7:19 am)

You are correct. Honda Finance's residual values for the EX 2WD are 3% lower than its residuals for the EX 4WD.
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2508 of 2588
Re: 4WD Ex-L with RES & Bluetooth (no nav necessary) [honda2009] by Car_man HOST
Jul 01, 2009 (2:43 am)
Reply

Replying to: honda2009 (Jun 16, 2009 6:09 pm)

Hi honda2009. The Honda Pilot is much more expensive to lease than it used to be. I haven't crunched the numbers for this specific model recently, but I can almost guarantee you that a zero down lease on the truck that you are interested in will cost more than $400 per month.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum
#2509 of 2588
Re: 09 EXL Bali Blue 4WD lease [armjet] by Car_man HOST
Jul 01, 2009 (2:50 am)
Reply

Replying to: armjet (Jun 16, 2009 7:05 pm)

Congratulations on getting your new Pilot, armjet. I'm glad that you found this discussion so helpful. Thanks for taking the time to give back by sharing the details of your lease with everyone. If you haven't done so already, make sure to hop on over to the Dealer Ratings & Reviews section of Edmunds.com to share your thoughts on your recent dealer experience as well. Enjoy your new ride !
 
Car_man
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Prices Paid: Buying & Leasing Experiences Forum
#2510 of 2588
Re: EX-L 2010 [hooops] by Car_man HOST
Jul 01, 2009 (3:04 am)
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Replying to: hooops (Jun 27, 2009 8:34 am)

Hey hooops. Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Pilot EX-L 4WD without the RES with 15,000 miles per year are .00220 and 52%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
The numbers for an otherwise identical lease of a 2009 model are .00151 and 48%, plus Honda is providing $1,500 dealer cash on it.
 
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Prices Paid: Buying & Leasing Experiences Forum
#2511 of 2588
2010 lease seems high by glh205
Jul 01, 2009 (9:27 am)
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I have been quoted $598 for a 2010 Pilot EX-L with 15k miles/month, and $666 in upfront payments (first month charge + bank fee). The price of the car is $34k. This seems very high to me. Am I missing something?
#2512 of 2588
2009 lease quote by glh205
Jul 01, 2009 (10:55 am)
Reply
Also been quoted $558 for a 2009 Honda Pilot EXL with DVD, 15k miles per month, $621 due at signing.
#2513 of 2588
Re: EX-L 2010 [Car_man] by hooops
Jul 01, 2009 (12:19 pm)
Reply

Replying to: Car_man (Jul 01, 2009 3:04 am)

Thanks for info Car_man. I was hoping there would be better lease support for the Pilot, especially the 2010.
 
Any suggestions on SUVs/XOVRs that offer at least 7 passenger seating that offer more attractive lease support?
 
Ideally, I'd like to be <= $450 month (tax included). My 07 EX-L w/Nav Pilot lease is almost up and I'm paying $439 month on it, but I have no intention of purchasing it.

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