Last post on Dec 10, 2013 at 3:37 PM
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Honda Pilot, Car Leasing, SUV
#3319 of 3566 2012 Honda Pilot EX-L, MSRP, HELP A.S.A.P
Jun 20, 2012 (9:55 pm)
Hello, I just bought a new pilot, when I got home I noticed that they used the price on the bottom of the window sticker as the MSRP to calculate my lease. The way the sticker is done is that the MSRP is listed on Top as $34,570 then the destination and handling charge $810 then the sticker total is 35,380. Can You Please tell me if they should be using $35,380 as the MSRP to calculate the LEASE payment or they are trying to over charge me? I signed the deal on Wednesday, June 20-2012 2 P.M. In TAMPA, FLORIDA I think I have a 24 hour to correct that. Thank you.
P.S... If they refuse to correct it where and to whom may I complain.
#3320 of 3566 Re: 2012 Honda Pilot EX-L, MSRP, HELP A.S.A.P [keymosaby]
by kyfdx@Edmunds HOST
Jun 21, 2012 (2:51 am)
They use the MSRP to calculate the residual amount on the lease (MSRP X residual % = residual amount).. The higher the residual, the less depreciation you pay, and the lower the lease payment.
But that isn't the only calculation that goes into the lease payment. The biggest variable is the selling price of the vehicle. The lower the selling price, the lower the payment.
The bottom number on the sticker is the correct one.
#3321 of 3566 MF and Residual for Pilot LX and EX 4WD
Jun 21, 2012 (7:53 am)
Hi Car Man,
Can you please provide the current MF and Residual on a 2012 Pilot LX and EX 4WD for 36 months and 12,000 miles? I reside in New Jersey.
Thank you for your help!
#3322 of 3566 Re: MF and Residual for Pilot LX and EX 4WD [mike630]
Jun 21, 2012 (2:59 pm)
Hi mike630. Honda Finance's June buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot LX 4WD with 12,000 miles per year are .00039 and 56%, respectively for consumers who qualify for its top credit tier.
The numbers for an otherwise identical lease of a '12 Pilot EX 4WD are the same.
Prices Paid: Buying & Leasing Experiences Forum
#3323 of 3566 Re: 2012 Honda Pilot EX-L - AZ [Car_man]
Jun 22, 2012 (11:10 am)
Thank you so much for the above information.
Is there much of a change between June's figures and those in July?
#3324 of 3566 Re: 2012 Honda Pilot EX-L, MSRP, HELP A.S.A.P [kyfdx]
Jun 23, 2012 (3:41 am)
Thank you so much. We really appreciate your help.
RE: the price that was paid to purchase my 2012 HONDA PILOT EX-L on JUNE 20, 2012; the bottom price on the window sticker (that included $810 for destination and handling) was $35,380.00. Price after negotiation $30,006.40 which is equal to$5373.60 (15.188% off of sticker) of savings off of the sticker price. I paid $6146.39 out of pocket at signing and my TOTAL MONTHLY PAYMENT is $242.00/Month, including rent charge and tax (36 month lease, 15000mile/year).
I hope this information can help others. Again; Thank you for your help.
#3325 of 3566 Pilot EXL 4WD with Entertainment
Jun 27, 2012 (12:38 pm)
i was quoted a Pilot EXL 4WD with Entertainment (no NAV) by 2 dealers with same cap cost, same MF of 0.0039, but one quoted 53% residual while another 54%. Both quoted me the price of vehicle with destination charges factored in.
What is the actual MSRP on this car assuming no other accessories?
This is from 2 dealers in PA. thanks.
#3326 of 3566 Re: 2012 pilot ex [Car_man]
Jun 27, 2012 (3:20 pm)
Would you think a monthly payment of 419 is reasonable for 15k 4wd ex with no money out of pocket?
#3327 of 3566 Re: 2012 Honda Pilot EX-L, MSRP, HELP A.S.A.P [keymosaby]
Jun 27, 2012 (3:23 pm)
Why would you put so much down out of pocket on a lease? I've read you should never put more than 500 down on a lease.
#3328 of 3566 Honda Sign and Drive
Jun 28, 2012 (12:35 pm)
A deal told me that the MF for Sign and Drive is 0.00029, whereas with down payment, the MF is .00039. Is that correct that Honda gives us a better MF without a down payment? Is there any catch?