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Honda Pilot Lease Questions

3516 messages,  Last post on Jun 06, 2013 at 3:14 PM

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

Messages Page 336 of 352

#3351 of 3516 Re: Good deal?! [Car_man] by kristenske

Jul 30, 2012 (4:41 pm)

Replying to: Car_man (Jul 30, 2012 4:20 pm)
Hi Carman. Thanks for all your info on the forums. You make it easy to understand!
 
It has definately helped to read all the chatter on here and all the articles. Right now, my current offer is for a Pilot EX-L, FWD for MSRP of $35,550, selling price of $31,131, destination included. My monthly payments would be $309 after taxes, with $2000 down. That's with added chrome running boards and roof rails.
 
I don't drive much, so my mileage will be minimal at the end of the lease. The dealer says that HFC (Honda Financial) provides gap insurance so if it's totaled, I don't lose any money. Is this correct?
 
Also, they're going with .00039 and 53% residual. Seem like a good or average lease? It's the end of the month and 2013's are just around the corner, so they are trying to deal. I've almost signed.

#3352 of 3516 Re: Good deal?! [kristenske] by Car_man HOST

Jul 30, 2012 (5:11 pm)

Replying to: kristenske (Jul 30, 2012 4:41 pm)
Thanks kristenske. I'm glad that I am able to help.
 
The dealer invoice price of a 2012 Pilot EX-L FWD is currently $32,573. If one subtracts the available $750 dealer cash from that it drops to $31,823, so the selling price that you were quoted looks excellent. The money factor that you were quoted looks great too.
 
Honda does provide gap insurance on its leases at no additional charge, but the gap coverage does not reimburse lessees for the money that they put down on their lease if their vehicle is totaled.
 
If you like the truck, this seems like a good deal.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3353 of 3516 August Numbers? by omp1221

Aug 07, 2012 (6:09 am)

Hi Car_man,
Could you please post the money factor and residuals on the following 2012 AWD Pilot EX-L scenarios?
36 months /12K miles-yr
24 months /12K miles-yr
 
36 months /15K miles-yr
24 months /15K miles-yr
Thanks!!!

#3354 of 3516 Trying to negotiate best lease deal by marquez617

Aug 07, 2012 (8:54 pm)

Hello Car_man ,
 
Can you please provide the current MF and Residual on a 2012 Pilot EX-L FWD for 36 months and 12,000 miles? I reside in Houston, TX
 
I went to a dealer and they didn't want to negotiate anything when it came to price. They wanted to stick with their $35,500 number and wanted me to pay $1708 sales tax to be able to pay $420. I'd really like to get a lower payment for the same vehicle which is why i used the advice from the lease article to send out a mass email to local Honda dealers to see who would be willing to provide the best deal. Any more info/tips would be appreciated and thanks in advance!

#3355 of 3516 Re: August Numbers? [omp1221] by Car_man HOST

Aug 12, 2012 (7:41 am)

Replying to: omp1221 (Aug 07, 2012 6:09 am)
Certainly omp1221. Honda Finance's August buy rate lease money factor and residual value for a 24-month lease of a 2012 Pilot EX-L AWD with 15,000 miles per year are .00039 and 58%, respectively for consumers who qualify for its top credit tier.
 
The numbers for an otherwise identical 36-month lease are .00039 and 51%.
 
If you were to lease with 12,000 miles per year, these residual values would be 2% higher.
 
When negotiating your deal, make sure to take advantage of the $750 dealer cash that is currently available on this truck.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3356 of 3516 Re: Trying to negotiate best lease deal [marquez617] by Car_man HOST

Aug 12, 2012 (7:46 am)

Replying to: marquez617 (Aug 07, 2012 8:54 pm)
Here's the information that you're looking for marquez617.
 
Honda Finance's August buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot EX-L FWD with 12,000 miles per year are .00039 and 53%, respectively for consumers who qualify for its "Super Preferred" credit tier.
 
Did you say that the dealer told you they don't want to negotiate this truck's selling price? If so, I personally would find a different dealer. The selling prices of leased vehicles are negotiable, just as if you were paying cash for or financing them. If I was in an area that had a decent level of competition, I personally would shoot for a selling price of around $500 over dealer invoice minus the available $750 dealer cash on a Pilot right now. You can look up this truck's exact invoice price over in the New Vehicle Pricing section of Edmunds.com.
 
Car_man
Host
Prices Paid: Buying & Leasing Experiences Forum

#3357 of 3516 Re: 2012 Pilot Lease Info [Car_man] by cabledog

Aug 15, 2012 (9:00 pm)

Replying to: Car_man (Jul 30, 2012 4:21 pm)
Hi Car_man,
 
I leased a 2012 Pilot EX-L 4WD No RES or NAV for $355 a month on 7/27/2012...
39 month, 10k miles a year from Huntington Honda in Long Island NY.
 
I had to pay the first payment plus the taxes, title, new plates and the 2 year registration fees up front to get the price. It came to $1923
 
My Gross Capitalized cost was $32,095
Adjusted capitalized cost is $32,906
Residual Value $22,290
Window sticker : $37,150 including $830 destination charge
 
I believe my money factor was .00015 and the residual is 60% - It doesn't say it on any of my paperwork, but when I asked the salesman thats what he told me.
 
Did I get a good deal or could I have done better?
Can you please explain the Adjusted capitalized cost?
This was my first time leasing a car.
 
Thanks for all you do on this forum.
 
PS - It's my wife's Pilot and she loves it so far....

#3358 of 3516 2012 Honda Pilot EX-L 4WD by sportsmomtotwo

Aug 19, 2012 (1:10 pm)

Hi Car-Man,
 
Could you please tell me the residual and money factor for 2012 Honda Pilot EX-L 4WD without res or navi. I am in New Hampshire. Thanks in advance! Looking to lease by end of month. Do you see Septembers numbers changing?

#3359 of 3516 Flipping a lease by steveaspesi

Aug 20, 2012 (2:10 pm)

I've got a 2010 Pilot EX-L with rear camera 44,000 miles, new tires and a residual of $18.900
 
I don't want this car and was wondering how easy it is to flip the care without paying tax and title.
 
The car is in excellent condition with the exception of a scratch down a passenger door.
 
anyone thing I could flip this vehicle for a quicke couple grand profit?
I heard someone tell me in the State of Calif. you've got 10 days to transfer the title without paying the sales tax and registration. not sure if that's the case.

#3360 of 3516 Re: Flipping a lease [steveaspesi] by jondrink

Aug 21, 2012 (1:45 pm)

Replying to: steveaspesi (Aug 20, 2012 2:10 pm)
You could always transfer the lease and ask for cash because of the good residual. Have to be someone looking to purchase a used Pilot but you could avoid having to buy the car yourself and pay tax, etc.

Messages Page 336 of 352

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