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Honda Pilot Lease Questions

2588 messages,  Last post on Nov 22, 2009 at 6:04 PM

You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx

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


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#6 of 2588
Pilot Numbers by someguy1
Sep 11, 2005 (5:22 pm)
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I am in the market for a new SUV/Wagon.
  
I am hoping to get the sept residuals and money factors of 2005 Pilot's 3 years 15K a year
 
  
Thanks KA
#7 of 2588
Re: Honda Pilot 2005 by Car_man HOST
Sep 13, 2005 (2:18 am)
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Hi Norm. Given the fact that Honda is providing $1,500 dealer cash on the 2005 Pilot in September, you should be able to do better than dealer invoice on one.
 
Car_man
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#8 of 2588
Re: Re: Honda Pilot: Lease Questions by Car_man HOST
Sep 13, 2005 (2:22 am)
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Hello katinfl. Honda is no longer providing lease support on the 2005 Pilot. It replaced the special money factors that it had on it with $1,500 dealer cash. That means if you were to lease one through AHFC right now you would have to use its standard lease money factors. Its buy rate standard lease money factor for 36 month leases is currently .00255. AHFC's 3 year, 12,000 miles per residual value for the 2005 Pilot EX-L is currently 57%. Using these numbers, an MSRP of $32,870 and a selling price of $28,173, your zero down, pre-tax monthly payment should be around $382.
 
Car_man
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#9 of 2588
Re: Pilot Numbers by Car_man HOST
Sep 13, 2005 (2:24 am)
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Hey someguy1. If you were to lease a 2005 Honda Pilot EX without navigation through AHFC right now for 3 years with 15,000 miles per, its buy rate lease money factor and residual value should be .00255 and 58%, respectively.
 
Car_man
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#10 of 2588
06 Pilot Lease by vault2
Sep 14, 2005 (6:24 am)
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Hi Car_man:
 
Can you provide me with the lease rates for 06 Honda Pilot?
 
36mo/12k/15k and 60mo/12k/15k
 
06 Pilot EX-L 2WD with NAV $32, 720 (Includes Tags and Tax)
 
06 Pilot EL-L 4WD with NAV $33,956 (Includes Tags and Tax)
 
Thanks!
#11 of 2588
Re: 06 Pilot Lease by Car_man HOST
Sep 15, 2005 (3:28 am)
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Hello vault2. Honda is not currently providing any sort of lease support on the 2006 Pilot. As a result, if you were to lease one through Honda Finance you would have to use its standard lease program. Its base standard lease money factor for 36 month leases is currently .00255. 60 months is way to long to lease anything for. I don't even know if Honda Finance offers 60 months leases. If it does, I have not seen any information them. Honda Finance's current 36 month, 15,000 miles per year residual value for the 2006 Pilot EX-L without the navigation or entertainment systems is 59%. Its residual for an otherwise identical lease with 12,000 miles per year would be 2% higher.
 
Car_man
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#12 of 2588
Lease offer by sinbad2
Sep 22, 2005 (5:46 pm)
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Hi,
I have a 36 month/12k miles Lease offer for 2006 Pilot EX 2WD for $399/month + tax with zero down. What do you think?
Thanks.
#13 of 2588
Re: Lease offer by Car_man HOST
Sep 26, 2005 (2:59 am)
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HI sinbad2. You never mentioned the selling price or MSRP of the car that you are interested in leasing. These are important numbers for you as a consumer to know for two reasons. First, the selling prices of leased vehicles can be negotiated, just as if you were paying cash for them. Without knowing this car's selling price in relation to its MSRP you don't know how much of a discount you are getting on it. The second reason is that one needs the selling price and MSRP, including the destination charge, of a vehicle to calculate its lease payment. I would be more than happy to give you my opinion of this deal and work up a sample lease payment on this car for you using Honda Finance's actual lease program if you let me know what these numbers are.
 
Car_man
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#14 of 2588
Re: Lease offer [Car_man] by investwisely
Sep 26, 2005 (4:19 am)
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Replying to: Car_man (Sep 26, 2005 2:59 am)

I m looking at a lease for the 2006 EX-L Pilot also. My goal was $500 over invoice
so on a $31845MSRP + $550 desitination, I was looking at paying $30,000 including the bank fee. I am assuming the residual for a 12k/36 month is 61 or 62%, is that correct. The remaining dilemma is the money factor The current one I believe ia 6.125% (.0255). I was looking at something in the neighborhhod or 4-5%.
I am waiting for this. I understand lease programs are updated every 15 days. The problem is too many 05's still left.
#15 of 2588
LEASE OFFER: 2005 Pilot EX-L for Car_Man by bw1024
Sep 26, 2005 (5:13 am)
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Car_Man -
 
I am trying to negotiate a good deal on a 2005 Pilot EX-L. The current offer on the table from the dealer is $28,200 Purchase Price ($32,320 MSRP). Terms of the Lease are as follows:
36 month/12K miles
57% Residual
5.88% Finance Rate (Money Factor .00245)
= $385 Monthly payment (according to Lease Guide.com)
A few questions:
1) Is this a competitive deal? The dealer appears unwilling to budge on the Residual and money factor. I am trying to negotiate a better purchase price.
2) Do I need to factor in sales tax?
3) Down Payment: I would prefer not to put money down (unless it decreases monthly payment). What is standard practice and what does the money down go towards?
4) Am I better off waiting to negotiate a deal on a 2006?
 
Thanks!

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