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Honda Pilot Lease Questions

1991 messages,  Last post on Sep 03, 2008 at 8:47 AM

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

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#429 of 1991 Re: '06 Pilot EX-L AWD Res & MF 36m 12k miles needed [Car_man] by eric777 Mar 18, 2006 (8:34 am)
Replying to: Car_man (Mar 12, 2006 3:03 pm) I've been speaking with a dealer in Massachusetts regarding an 06 Pilot 4wd EXL (no DVD or Nav) with an MSRP of $33595. I was told the residual on a 12k lease for 36 months is 55% and the money factor is .0058 if you pay a security deposit, .0068 without the security. My current Honda Financial Lease is expiring, so I figured the security deposit would waived regardless. Has the residual gone down from 58% to 55% since March 12th? I've been quoted a sale price of $30,000 and payments of $331/mo with $2k down. Does it sound like the dealer is playing games or is this correct? Thanks Replies to this message: pilot4k9s (Mar 18, 2006 10:57 am)
#430 of 1991 Re: '06 Pilot EX-L AWD Res & MF 36m 12k miles needed [eric777] by pilot4k9s Mar 18, 2006 (10:57 am)
Replying to: eric777 (Mar 18, 2006 8:34 am) eric777, the residual of 55% is correct, it was 57% prior to march 1. the mf is .00068 (i think you forgot a zero) with no security, .00058 with security. i paid $30K for my 06 EXL AWD, hoping to pick it up monday!   the 58% residual applies to the AWD LX or EX (w/o leather).   don't forget your $2K down will cover a bank fee of $595, dealer doc, dmv fees, and first payment. in my case my oop also included nj sales tax.   good luck!
#431 of 1991 Lease terms for 2006 Pilot Ex-L no extras by pilot4me1 Mar 19, 2006 (4:23 pm)
Hi, So glad I found this site! I live in Raleigh NC and am thinking of getting a 2006 Pilot EX-L and am seriously considering a lease vs. purchase. My questions for carman or other authorities on the subject are:   What are the current MF and residuals? How long will they be in affect? (i.e. thru the end of March?)   Is it advisable to pay a down payment, and if so how much?   On 12K v. 15K leases, if my intention is to keep the vehicle anyway after the 36 months then does it really matter?   Thanks for the help! I am hoping for a response as soon as posible!
#432 of 1991 THIS LEASE SOUND ABOUT RIGHT?? by vlipgyore Mar 19, 2006 (11:34 pm)
2006 EX-L 2WD: $1999 (EXCLUDING TAX) & $325/MONTH(INCLUDING TAX) FOR 35 MONTHS. MF=.0022 AND 52% RESIDUAL. I'M IN SOUTHERN CALIFORNIA AND DEALER SAYS THE RESIDUAL IS NON NEGOTIABLE BUT SEEMS LOW TO ME. LEASE IS FOR 12K MILES.   PRIMARILY IS THE REDUCTION CAP & SECURITY NECESSARY AND SHOULD I BE AWARE OF ANY OTHER POTENTIAL PITFALLS?? ANY HELP OR COMMENTS WOULD BE APPRECIATED.
#433 of 1991 Lease Residual & Money Factors: Go Figuire by acmecookie Mar 20, 2006 (9:15 pm)
I am looking to lease an 06 Pilot EX-L AWD with Nav. for 36 mos with 0 down 15k and the add on cost for 18k. I am a returning Honda Finance customer which qualifies me for $ 0 security fee(which I did not pay on my first lease). I have negotiated a price of $32000. plus tax. There were two different MF mentioned in post #430. Which one would be applicable and what is the equation when figuring out the payment? Also, how do you calculate the original sell price and residual of a monthly payment quote? Replies to this message: pilot4k9s (Mar 21, 2006 6:16 am)
#434 of 1991 Re: Lease Residual & Money Factors: Go Figuire [acmecookie] by pilot4k9s Mar 21, 2006 (6:16 am)
Replying to: acmecookie (Mar 20, 2006 9:15 pm) acmecookie, you would have to ask your salesperson, but i believe you will still use a MF of .00068 if you do not pay a security deposit.   the lease equation can be found on this site. the short version is, you need the negotiated purchase price, the residual amount, the lease term and the MF to calculated your payment excluding sales tax.
#435 of 1991 Lease for 06 Pilot EX by pilot4wife Mar 21, 2006 (7:36 pm)
Dear pilot4k9s or Carman, I have been offered a lease for 36 months and 2K down. The price of the car is at $28,879 with 58% residual and .00068 MF. I believe this includes tax. The monthly payment right now is at $334/month. The EX does not include L/RES/NAV. Thanks for your time. Replies to this message: pilot4k9s (Mar 22, 2006 7:45 am) pilot4wife (Mar 22, 2006 11:29 am) pilot4k9s (Mar 22, 2006 6:39 pm) and 1 more...
#436 of 1991 Re: Lease for 06 Pilot EX [pilot4wife] by pilot4k9s Mar 22, 2006 (7:45 am)
Replying to: pilot4wife (Mar 21, 2006 7:36 pm) pilot4wife, not sure what your question is...are you referring to an AWD? invoice is $28,214, so i would think you could get a better deal. if you're referring to a 2WD model, then you definitely can get a better deal! Replies to this message: pilot4wife (Mar 22, 2006 11:29 am) pilot4k9s (Mar 22, 2006 6:39 pm) pilot4wife (Mar 22, 2006 6:59 pm)
#437 of 1991 Re: brand new to leasing [suzanne17] by pilot4me1 Mar 22, 2006 (11:28 am)
Replying to: suzanne17 (Mar 17, 2006 11:18 am) Just curiuos if you 've made any deals yet. I am looking at the same situation in Raleigh NC except possibly 12K miles.. thanks Replies to this message: suzanne17 (Mar 23, 2006 1:36 pm)
#438 of 1991 Re: Lease for 06 Pilot EX [pilot4k9s] by pilot4wife Mar 22, 2006 (11:29 am)
Replying to: pilot4k9s (Mar 22, 2006 7:45 am) Sorry, i wasn't clear. It is AWD model. I am roughly 500 above invoice, should i negotiate further? What should be my next offer? How much of an impact on the payment would it be to increase the miles to 15K? Thanks for your time. Replies to this message: pilot4k9s (Mar 22, 2006 6:39 pm) pilot4wife (Mar 22, 2006 6:59 pm)

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