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Prices Paid: Buying & Leasing Experiences 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
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Car Man, I am getting frustrated with our local dealers. Have an internet quote for an '06 2WD Pilot EX-L w/RES for $31,390 (MSRP $33,995 w/dest.). When I ask for lease quotes on the vehicle, they are coming up anywhere from $460-$580/month. I even mentioned the October lease special you wrote about, but it seems like they won't apply it to this car. Credit is not an issue (perfect), although they wouldn't know that yet because they haven't asked. All has been done on the phone or e-mail so far. There is no trade-in to worry about. It just seems to me that these numbers don't add up. Tax in TX is 6.25%, I think. I was asking for a quote for 36 months, 12K/year. Any suggestions? Thanks in advance!
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Replying to: czer (Oct 10, 2005 1:52 pm) Did you get your vehicle appraised at CARMAX? You might get more than what the dealer is offering you.
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Replying to: vault2 (Oct 10, 2005 6:17 pm)
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Replying to: czer (Oct 11, 2005 2:44 am) |
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Found this on the Honda site. 2006 Pilot EX 2-Wheel Drive Special Featured Lease Terms Certificate $289 per month for 42 months. $1,500 total due at signing. Can I walk out with this deal as is, or is there more I should know or ask? Thanks. |
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Replying to: bigedfrombk (Oct 09, 2005 3:59 pm) Got it from Madison Honda in NJ, for a quick good online quote go to Open Road Honda, NJ website, I think they even beat Costcos price, and use that price to shop around. I leased instead of purchase because I only plan on having the vehicle a few years, and who knows Gas could be at $5 a gallon then, and there may be better mileage 8 person vehicles then. Presently with the lease deal on 2006, you could probably get the same lease deal as you can with 2005 pilot with the manf discount/market support. |
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Ugh, I don't know what to do? Refer to Message #48 above with the details of my proposed lease. Please, I value your expertise. I'm new to the "lease game". 
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Replying to: flyerfan (Oct 10, 2005 5:09 pm) Lease residuals for 42 month on the 06 Pilot EX-L with NAV are as follows: 42 MO  12,000/year = 55% 42 MO 15,000/year = 53% If you lease I think American Honda Finance (AHF) charges $595 as acquition fee (GAP coverage fee) + TTL. Anything else is dealers pocket. As car_man had mentioned AHF is offering a good deal. Ask your dealer about the Leadership Purchase Program. This is a good program for someone with excellent credit. AHF super preferred rate on this program is 2.88% (0.00120). If you don't want to keep the vehicle after 42 months, you simply return the vehicle, or you continue to make the same payments to AHF. However, the Interest rate will not be 2.88% after 42 months. You can refinance, and if you go thru a Credit Union, you get good interest rates and you will probably save couple of thousand bucks. My credit union offers 4.75% for 60mo, 5.24 for 72mo and 6.24 for 84mo. This is the lowest auto loan rate I have seen so far. Hope this helps.
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Replying to: vault2 (Oct 12, 2005 6:56 pm) |
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