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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
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Replying to: lmueller (Oct 10, 2005 5:10 pm)
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Replying to: flyerfan (Oct 13, 2005 11:28 am)
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Replying to: lmueller (Oct 13, 2005 5:21 pm) |
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Carman, On the current Honda lease deal. My dealer is offering $1,500 off msrp for cloth, or 1,800 off for leather. ( the leather residual is less for 36 month -thought that was interesting), this becomes the purchase price. Does that sounds fair or like a good deal? Also, I am new to the leasing game, but I assume that there will be more leasing deals on the Honda 06 soon? Will the sales slow down in auto industry, spur more lease deals in the short term? Or, is this the time to lease a Honda Pilot? The overall deal, on top tier credit was $338.00 on a lx for 36 months 15K per, including everything taxes, etc. Just county taxes and first month payment when car is picked up? sound good, fair? how about a 24 month lease, 15k per, for $373.00 ? better option? thanks for the assistance |
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Carman, (and everyone) could anybody tell me what would be money factors and residual factors for PILOT-EXL if to lease in October? I am trying to see if I can get a better deal on 2005 or 2006 model. Purchase price of 3005 expected to be lower than 2006. However, money/residual for 2006 model better than 2005. If I could, please , get an accurate numbers and as well as general recommendation, would be very nice!
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Replying to: leto (Oct 14, 2005 10:17 am) I check 2 weeks ago and it was 0.00119 but have seen it cheaper on this forum. |
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Replying to: investwisely (Oct 09, 2005 1:39 pm) |
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Welcome bigedfrombk. Since you are new to the world of leasing, you definitely should check out the following informative articles that are available here at Edmunds.com prior to visiting any dealers: 10 Steps to Leasing a New Car and Calculate Your Own Lease Payment. Honda's lease program on the 2006 Pilot is pretty attractive right now, so leasing is definitely an option that you should consider. I can give you an idea of what your monthly payment would be like if you chose to lease this truck, however in order to do so I am going to need some additional information from you. This includes your truck's full MSRP (with the destination charge added in) and how long you want to lease it for. Car_man Host Smart Shopper / Prices Paid Forums
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Hi czer. The selling price that you were quoted for the Pilot that you are interested in looks good to me. Furthermore, the money factor that you were quoted to lease it is right in line with Honda Finance's base lease program. These are both good signs. I just calculated a lease payment on the truck that you are interested in and came up with the exact same pre-tax payment that you were quoted, $415.14. I see nothing wrong with the new vehicle aspect of this deal. You may be able to get more money for your Odyssey with another dealer or by selling it on your own though. Car_man Host Smart Shopper / Prices Paid Forums |
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You're right about the 2005 Pilot having high lease money factors. Honda is no longer providing lease support on '05 Pilots. It replaced its special money factors on the '05 model with dealer cash. Honda Finance's current buy rate lease money factor and residual value for a 36 month, 15,000 miles per year lease of a 2006 Honda Pilot EX-L AWD should be .00105 and 59%, respectively if you have good credit and pay a security deposit. This is for a truck without the rear entertainment and navigation systems. I would be happy to use these numbers to estimate what the lease payment should be like on the exact truck that you are considering, however in order for me to do so I need you to provide me with its full MSRP (with the destination charge added in). Car_man Host Smart Shopper / Prices Paid Forums |
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