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Honda Pilot, Car Leasing, SUV
Oct 31, 2011 (5:55 am)
Would anyone like to take a stab at this?...CarMan?...any other Honda salesmen or savvy shoppers who have done the research?
I recieved a SIGN and DRIVE quote for a Pilot EX-L 4WD for 0 down and $389 /month plus NJ sales tax (6.25 or 7%) for 36mos 12K/yr
Is this a Fantastic deal or just a standard deal in NJ??
But my MAIN question is.......Is a sign and drive absolutely nothing out of pocket at the signing of the lease? Is the DMV, Registration, taxes, everything else simply rolled into your monthly payments?????
And finally, If I have a 2009 4WD Pilot EX-L lease that I am returning that has been completely payed off for 36 mos with a residual value of $18,200, is there any equity in it to use to my advantage to get either a check back or more reduced payments?....
If so, how should this be negotiated without pissing anyone off at the dealership???
thanks
#3180 of 3515 Re: Honda Pilot EX-L 4WD [Car_man]
by rainee
Oct 31, 2011 (1:23 pm)
ok, thank you! & good advice about the equity...we plan on turning in either Nov or Dec, any advice on which month is best? Are money factors or anything likely to change?
#3181 of 3515 LATEST LEASE UPDATE IN NJ!!....LOOK at DEAL!
by darkfudge07
Nov 02, 2011 (6:35 am)
Ok folks here is my latest price quotes...BEAT EM if you can!!
I have Penske Honda ( Nanuet Honda in NJ) owned by Penske offering me
a 2012 PILOT EX-L 4W for
36mos and 15,000 miles a year....(YES 15,000)
for a SIGN and DRIVE. Absolutely ZERO down and out of pocket and
35 more monthly payments of $410 (yes $410 that INCLUDES my NJ taxes!)
In exchange for this deal, they are taking my returned lease of a 2009 Pilot EX-L 4WD. My 36 months payments are all complete as of November and there is a residual value of $18,200 left on the return.
Beat it if you can folks....I worked hard negotiating this one. Im exhausted!
#3182 of 3515 WHITE SHORTAGE of EX-L?????
by darkfudge07
Nov 02, 2011 (1:27 pm)
nobody in NJ has the White Pilot EX-Ls....they seem to be in some sort of shortage right now....WHY!!??
#3183 of 3515 Re: WHITE SHORTAGE of EX-L????? [darkfudge07]
by pilotnoob
Nov 02, 2011 (7:19 pm)
I hope I get my white one, or wife is gonna be mad.
#3184 of 3515 WTL 2012 pilot touring
by mashkud
Nov 03, 2011 (9:48 pm)
I want to lease a fwd Honda pilot 2012 touring in Houston. Any advise on a good dealer and price?
#3185 of 3515 I just signed a NEW Pilot EX-L 4WD 15k/yr LEASE...
by darkfudge07
Nov 05, 2011 (11:15 am)
Ok folks...Here's the numbers on my PILOT 2012 EX-L 4WD Lease I just picked up last night in NJ. I think I might have gotten reemed on this one because I didnt know the equity on my return lease on my 2009 4WD Pilot EX-L that had 42,000 miles on it. So let me know what you guys think. Im thinking I could have worked the equity alot better on this 2012 Pilot lease.
I didnt take a dime out of pocket. It appears as if all the cash down was from the equity of the lease...but Im not so sure.
2012 Pilot EX-L 4WD
36 mos/ 15,000 Miles Yr
Total Monthly payments $410 (NJ taxes incl )
Total of Base Payments $14,760
Gross CAP Cost $36, 382
CAP COST REDUCTION $2,379
Adjusted CAP COST $34,003
Residual Value $20,339
Total of Payments $17,658
Credit for Honda Pilot 2009 EX-L 4WD trade in $3,308
Trade In Value for 2009 Pilot $18,292
Net Trade In Allowance $21,600
#3186 of 3515 Re: I just signed a NEW Pilot EX-L 4WD 15k/yr LEASE... [darkfudge07]
by insidecarbuy
Nov 06, 2011 (12:57 pm)
Not bad but could have been a bit better. I think you could have got $23,000 for your trade-in assuming a clean carfax. You should have been at $297 per month if its just the EX-L without navi or RES.
I just did the same thing for a customer of mine - He had a 2009 EX-L with 35,000 miles on it. Buyout of lease was $20,200 and got $24,850 on trade in. Went into a 2012 EX-L with RES for 36 months and 12k miles. 0 out of pocket - $344 per month.
#3187 of 3515 WANT TO LEASE HONDA PILOT TOURING...
by mashkud
Nov 06, 2011 (9:05 pm)
I want to lease a fwd Honda pilot 2012 touring in Houston. Any advise on a good dealer and price?
#3188 of 3515 Re: I just signed a NEW Pilot EX-L 4WD 15k/yr LEASE... [insidecarbuy]
by darkfudge07
Nov 07, 2011 (3:05 pm)
Im sorry but did you say $344????....for a 4WD EX-L with NAV???
or $444?
I thought I got rooked, but I didnt realize I got REEMED! Im paying $410 with the NJ taxes included in that monthly price
How on earth did you get it down to $344??