Last post on Dec 10, 2013 at 3:37 PM
You are in the Prices Paid - Buying & Leasing Experiences
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Honda Pilot, Car Leasing, SUV
#3355 of 3566 Re: August Numbers? [omp1221]
Aug 12, 2012 (6:41 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.
Prices Paid: Buying & Leasing Experiences Forum
#3356 of 3566 Re: Trying to negotiate best lease deal [marquez617]
Aug 12, 2012 (6:46 am)
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.
Prices Paid: Buying & Leasing Experiences Forum
#3357 of 3566 Re: 2012 Pilot Lease Info [Car_man]
Aug 15, 2012 (8:00 pm)
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....
Aug 19, 2012 (12:10 pm)
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?
Aug 20, 2012 (1:10 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 3566 Re: Flipping a lease [steveaspesi]
Aug 21, 2012 (12:45 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.
#3361 of 3566 Parent's Lease in Vermont
Aug 26, 2012 (8:35 am)
Hi Car Man,
Help! My parent's live in Vermont and are about to sign off on a the following deal for a Honda Pilot EX-L
$1900 Down and $420 a month.
Is that a bad deal? I think it is but they don't seem to be listening to my advice.
Aug 27, 2012 (3:35 am)
After sending out offers via email to 8 different dealerships in the Tampa area, I finally had one that is willing to give me the price I want.
This is a for a 2012 EXL FWD (no Rear Entertainment or NAVI)
36 months, 12k miles 410.33 (including taxes) a month with ZERO out of pocket (TRUE SIGN AND DRIVE)
First payment will be 30 days after I take possession of vehicle.
Based on all the crazy numbers I have received this seems like an awesome deal?
What do the experts think?
#3363 of 3566 Re: Parent's Lease in Vermont [rocklease]
Aug 27, 2012 (5:14 am)
I'm no expert but I'll give you my opinion.
You don't mention how many miles per year your parent's offer is for or if it's FWD, 4WD, etc.
Let's use the below as an example.
According to Car_man, 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.
This vehicle has an MSRP of $35,550 and an invoice of $32,573. I would definitely shoot for a selling price of at least invoice, if not lower, and then subtract the $750 dealer cash available this month for a cap cost of $31,823.
Using those numbers I come up with a pretax payment of $380.36. Depending on your states tax rate, I'd think you should be closer to $400 per month, including tax.
Do they know what the money down is for?
#3364 of 3566 Re: Parent's Lease in Vermont [dylrex]
Aug 27, 2012 (1:37 pm)
Thanks dylrex, this is very helpful. It was for a 2012 EXL 36 months, 12k.
I'm trying to get all of the details about the down payment from them but they don't have the papers. (They are picking up the car and signing off next week.) So you think they should be paying somewhere in the neighborhood of $400 with no money done, right?