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Should I buy a used Honda Odyssey?

54 messages,  Last post on Apr 27, 2009 at 9:35 AM

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What is this discussion about? Honda Odyssey, Car Buying, Van


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#1 of 54
Lots of Questions on Buying an Odyssey, Please Help! by 58motor
Aug 29, 2007 (8:52 pm)
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Hi there! I have been looking through the Odyssey threads and love all the info. We are planning on buying an Odyssey next month, about mid-month after the sale is over.
 
My first question is what to buy. Before reading through the threads I thought we would be buying in the range of a 2003, 50K miles EXL, spending 15-20K. But I have read a lot about how much better the 2005 and newer are. Should I figure out a way to afford an 05 or newer? (not even sure if this is possible!) I am now worried that an older used isn't a good purchase.
 
My second questions is will the prices get better after the sale, or should we try to wait until later in the year? We could hold off until Oct/Nov/Dec if we thought there was some big deal to be had. I see that people are now getting nice EXLs just under 30K OTD. Could it get any cheaper?
 
And my last question is about trade ins. Yes, everyone says not to trade in your car but not doing so is really inconvienent. We only have one car and 2 little kids. I can have the car detailed and pull the car seats but it will be a pain the butt. Well, more so than normal I think. Plus we will have to rent a car to car shop, which sucks. Is it even possible to get a somewhat fair offer on my trade in? (2001 subaru forester S with 50K miles if it matters).
 
We plan on driving this car into the ground and only put about 8K miles a year on a car.I think that is it. We don't care so much about the dvd player, but I must have the power doors and leather. The rest I don't care so much about. And we are in Seattle.
 
Whew! I appreciate that you read this and any thoughts, insight or experience you can share would be greatly appreciated.
 
motor motor!
#2 of 54
My 2 cents... by mary36
Aug 29, 2007 (9:02 pm)
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As a mom... I only looked at 2005's and newer. Only because that's the year when a LOT of safety features became STANDARD. Prior to that, people had to ORDER safety features - like side curtain airbags etc. And most people didn't (too much $$) and some of the safety features that are standard in the newer models today weren't even OPTIONS in older models.
 
That being said, my search narrowed down even further when I was informed that the 2005 models only have one tether anchor in the rear... meaning you can only tether 1 carseat. I have three kids, so this is not an option for me.
 
I then narrowed my search down to 06-07.
 
I also want leather (easier to clean), rear camera, and other things.... but mainly I was after safety features.
 
I wish I knew what the sales are going to be like in the fall. We're trying to figure out if we should pull the trigger now or wait.
#3 of 54
Re: Lots of Questions on Buying an Odyssey, Please Help! [58motor] by georgiagirl
Aug 30, 2007 (4:23 am)
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Replying to: 58motor (Aug 29, 2007 8:52 pm)

I am sort of in the same boat so can't offer too much advice. However, I have ruled out 2004 models and older due to reasons Mary36 stated. The safety features on the newer models can't be beat.
 
Although leather and power doors would be nice, it's not really a deal breaker for me. I am really wanting an Odyssey for the safety features. I can't decide if I am going to buy a used 05 EX-L or EX or a NEW 07 LX. I also plan to keep the van for a loooong time so I don't want to regret not getting some extra features, that's why I'm leaning towards a used 05. With the great deals going on now it seems I'd only be saving a few thousand dollars buying used. Hmmm....what to do???
 
I am also curious to see what happens after Labor Day and the incentive ends. In my area there are still plenty of Odysseys to be had. It would seem that they would continue to offer some specials to get rid of the 07s to make room for the new. Color is not a factor for me so I'd be willing to take whatever I could get for a good price.
 
I am also not in a hurry to buy, so I'm keeping my eyes peeled to see what happens.
 
Sorry I could not offer too much advice. Good luck with your purchase!
#4 of 54
Re: Lots of Questions on Buying an Odyssey, Please Help! [georgiagirl] by mary36
Aug 30, 2007 (4:37 am)
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Replying to: georgiagirl (Aug 30, 2007 4:23 am)

I'm finding that a used 05 (EX-L) is going for just a few thousand less than a NEW EX-L.
 
We NORMALLY buy used... I preach it all the time. But with my prerequisite of having standard safety features, for Oddy's I can't look at models older than 2005. I just can't and won't.
 
After driving what I'm driving now (02 Caravan), I promised myself we'll never skimp on safety features again - no matter the cost. Gotta protect my kids on the road. They're more likely to die there than really anywhere else.
 
Good luck with the search... we're in a quandry. I've got a Carmax offer for my van good for 7 days (expires Tues). And the Honda sale ends about the same time too. I feel the need to pull the trigger now... but my DH is waiting for a few things to happen at work within the next month.
 
So..... not sure what we're going to do.
#5 of 54
more info by esteeze
Aug 30, 2007 (5:43 am)
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I agree with the statements about the safety features. The 03 model year also had some mechanical issues (mostly transmission) that I would be concerned about.
 
My wife has an 04 Odyssey EX that we've leased for the past 3 1/2 years; it's been a really good car. There have been a lot of new features (safety and otherwise) that the newer models have, so we're looking forward to getting a new one when the lease is up in a few months. We've been looking at the 07 EX-L with the rear entertainment system (RES).
#6 of 54
Thanks Everyone for the feedback by 58motor
Aug 30, 2007 (12:35 pm)
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Replying to: esteeze (Aug 30, 2007 5:43 am)

After reading all of what you said, I am now really leaning towards waiting another whole year to buy. The arguements for getting a much newer car than we can afford right now are just too big. We can wait one more year (blech!) then we can buy next year with either no or little car payment, which was the goal. I really want an odyssey! Two kids in car seats in a Forester sucks. thanks again everyone and I will still check in on this thread and see what else you all have to say.
 
vroom vroom http://a332.g.akamai.net/f/332/936/12h/www.edmunds.com/media/townhall/webxicons/- emotorcons/emo_frown.gif
#7 of 54
Re: Thanks Everyone for the feedback [58motor] by cccompson
Aug 30, 2007 (1:32 pm)
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Replying to: 58motor (Aug 30, 2007 12:35 pm)

My two cents is to buy right now. You should be able to get an '07 LX for less than 22K. Your Forester now has low miles and (depending on where you live) may be an easy sale if you price it right on craigslist - the low miles should attract someone. Even if you have to trade it, it should bring decent money due to the mileage.
#8 of 54
Re: Thanks Everyone for the feedback [cccompson] by 58motor
Aug 30, 2007 (1:46 pm)
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Replying to: cccompson (Aug 30, 2007 1:32 pm)

I don't want an LX. I will wait a year for the leather if I have to. 22K for a new LX is pretty amazing though. Does the LX come with power doors? I think with kids leather is worth it. We have cloth seats now and I hate them. Our previous car was a 87 volvo wagon with pleather and I miss the pleather very much. We had 2 big stinky dogs with that wagon and could get it CLEAN.
 
Plus - won't there be killer sales next year this time?
#9 of 54
Re: Thanks Everyone for the feedback [58motor] by cccompson
Aug 30, 2007 (3:43 pm)
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Replying to: 58motor (Aug 30, 2007 1:46 pm)

No, the LX does not have power doors. If you want leather and power doors, you're looking at an EX-L - right now the best price reports on those are around 26K.
 
Good prices a year from now? Well, Honda has never offered an incentive approaching the current 2K to dealers. If that's your yardstick, then I would say, no, prices won't be so great this time next. My take is that the current situation is being driven by several factors including: scary ecomony, Chrysler's fire-sales prices on their '07 minivans prior to the new '08 model, and (at least here) Toyota offering 2K on the Sienna.
 
Another thing here is that your Subie is not going to be any more valuable a year from now.
#10 of 54
Re: Thanks Everyone for the feedback [cccompson] by 58motor
Aug 30, 2007 (3:55 pm)
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Replying to: cccompson (Aug 30, 2007 3:43 pm)

26K! From what the OTD prices I have seen here it is closer to 30K. Where are you hearing 26K?
 
I suspect you are right about the current car selling climate, but we would be in a very nice buying position one year from now and we can make due with our stupid small Forester. And next year we could buy used 06 or 07.
 
Maybe for giggles I will contact a dealer via email and see what they can do.
 
So, uh, you work for a Honda dealer?

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