Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!





Honda Pilot Lease Questions

1103104106108109117

Comments

  • Just picked up our 2012 Pilot EX. Couldn't have gone smoother. I even sprung a trade on them at the last minute. We were a little upside down on the trade ($800). Final sales price was $26,500. With taxes (in texas you have to pay tax on the full sales price), acquisition fee and our negative equity the adjusted cap cost was $31,175. Residual value was 59% and .00056 money factor. monthly payment of 367.58. paid first month at signing and was out the door.

    This was our first car buying experience in about 5 years, and i can't stress enough...do your comparison shopping via email, and don't negotiate the trade until after the sales price is finalized. it helped keep things clearer once the numbers started coming fast and furious.
  • Seems pretty fair, 2WD is cheaper there for taxes cheaper 2WD can make your payment a lot lower than a 4WD! Try and see the price on the EX-L 2WD might be just a tad more u will be surprised and it has a lot more features in it could be just a diff of 20 more a month GL
  • tex18tex18 Posts: 82
    @SIC EM BEARS, what dealership gave you that deal? I am looking for a 12 Pilot EX too.
  • tex18tex18 Posts: 82
    $26,500 is an AWESOME price for an EX. Thats more of a LX price. You gotta please tell us what dealership you went too. What was included in the "protection" package since the Pilot comes with mudflaps and tint.
  • sic_em_bearssic_em_bears Posts: 4
    edited November 2011
    bankston honda. are you talking about the 'value package'...that included cup guards, door edge film and rear bumper film (prevents scratches) and dent/ding repair for the life of the lease (paintless dent repair).
    If bankstaon can't do that, i just got a call from honda of burleson that they would have matched the price, but i'd already bought.
  • To Darkfudge07 - what dealership did you lease your 2012 Pilot EX-L 4WD for $410 from? I live in NJ and am returning a 2009 Pilot EX-L 4WD in excellent condition and am looking for the exact same vehicle.

    Thanks, Scott
  • Hello Guys,

    I got the following quote from one of the dealer in NJ for Pilot 2012 EXL for 380 + Tax ($1100.00 down).

    is this a good deal? I also have 2012 EXL with RES (DVD) for $20.00 more. I just need your opinion about these ....good deal or should I quote less?

    Thanks for the advise.

    Jack
  • Texas dealer offering pilot touring 2wd for 525 per month for 35 months with 525 first month payment. with Honda care? what else should I ask like final price etc.?
  • Without knowing the details (i.e. selling price, doc fees, registration) and whats included in the $1100 down payment, there's really no way of evaluating the deal. Since your in NJ, I'm assuming approx $500 in doc and registration fees, making the price of the vehicle about 33,300, which is pretty good. I'm also in NJ looking for EX-L, just need to find out more information about this $750 cash that dealers have. If this is true then I'm trying to shoot around $500 - 700 below invoice. Goodluck
  • I'm not sure if your still on here but the reason insidecarbuy was able to get such a low payment is based on selling price and the trade in value of the trade. Where the dealer got you was in the selling price. They basically sold you the car for MSRP ($36,900) and then used your $3K equity against it to bring down your payment. A selling price around invoice ($33,500) would have gotten you a much lower payment with your $3K in equity.
  • Will a Honda Dealer "residualize" add ons like Roof Rails and Lighted Running Boards? I'm going to lease a 2012 Honda Pilot EX-L but want to add these items. Unfortunately the 2012's don't come with roof rails anymore unless you get the Touring model. Most dealers want to charge me the full price for these items instead of "leasing" it. While they're spread my payments out over the life of the lease, it still means that I am purchasing the roof rails and running boards but leasing the car. Has anyone had any luck in actually leasing accessories like this? If yes, please provide specifics.

    Thanks, Scott
  • kyfdxkyfdx Posts: 28,434
    Residualizing accessories isn't up to the dealer. The manufacturer dictates those terms.. and, most don't allow it.

    Your analysis is correct.... you are paying the entire price of those accessories over the lease term. I've always avoided accessories on leases, for that very reason..

    MODERATOR
    Prices Paid, Lease Questions, SUVs

  • queens207tlqueens207tl Posts: 25
    edited November 2011
    Just completed the lease of an EX-L w/ RES with 15,000 mi/yr this week. Payment of $388/mo including NJ taxes. Added roof rails and running board. Only out of pocket was $745 for the roof rails and running board which we'll get installed next week. I did trade in my Pilot that was coming of lease and believe I received a fair value for the trade. The equity was applied to the lease. I think I did ok, only part I was unsure about was the added roof rails and running board. If I didn't add those, then it would have been 0 out of pocket. Hope everyone had a great Thanksgiving!
  • Scottband,

    I was in a similar situation where I wanted to add the roof rails and running boards. They did residualize the running board but not the roof rails. Hope that helps. Good luck!
  • Carman - can you tell me the mf and residual for a 2012 Pilot 2wd Touring model? i've found posts showing the 4wd numbers but don't see anthing for 2wd....

    thx.
  • Car_man,

    It's me again! hope you can help with this new scenario...There are zero 2012 Honda Pilots EX-L 4x4 w/Nav or w/out available out here in Southern California..According to the dealers i've talked to, they're all being shipped up North. So, my options are possibly dealer trading for one but i'd be responsible for paying the transportation fee or wait for the 1 & only 4x4 that's currently in transport to SoCal. Only thing is it's a 2012 Pilot Touring model, with Res & Nav. I'm afraid that's going to be priced way out of my budget but I do have equity in my trade so maybe i can use that.
    Can you please let me know what the money factor, residual etc..is for 2012 Pilot Touring w/Res & Nav, 12k miles.
    Thank you again for all your help!
  • Car_Man,

    Can you please provide money factors and residuals in Southern California for the Pilot Touring 2WD with RES and Nav? I would like residicuals for both 12,000 and 15,000. Thanks!!
  • I'd be happy to dbchuli. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot Touring 2WD with 15,000 miles per year are .00056 and 51%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hey rainee. I can see why there wouldn't be any 4WD Pilots in Southern California. There isn't a whole lot of snow there :).

    Honda Finance's December buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot Touring with RES, Navigation, and 12,000 miles per year are .00056 and 53%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Hello agillman. Honda Finance's December buy rate lease money factor and residual value for a 36-month lease of a Pilot Touring 2WD with RES, Navigation, and 15,000 miles per year are .00056 and 51%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    The residual value for a lease with only 12,000 miles per year would be 2% higher.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Thank you - much appreciated!
  • Carman,

    Could you provide me with the money factor and residual values for a 36 month lease on a Pilot EX and EX-L in the Boston area? I know they generally do the residual values on 15,000 miles, but I need 20,000 per year. What is the per mile fee upfront if I go from 15k to 20k?

    Thanks for the insight.
  • Car_noobCar_noob Posts: 3
    edited December 2011
    I received a quote in NJ for $440 with $1,000 out of pocket for first month and fees with a 12,000 miles for a 2012 Pilot EX-L with rear entertainment system. Is this a fair deal? I have read thru a few posts and I read that some people are getting better offers. any advise is appreciated

    In addition, I will be turning in my 09 pilot EX-l with 36,000 miles but the mile allowance for the lease was for 45,000... is this a bargaining chip for me? if so, how so? I hear that the dealer can buy the car from me instead of the bank? is this accurate? if so, if this theory effected by the fact that the car was in an accident (read ended)?

    thank you in advance for time and advise!!
  • I received a quote in NJ for $440 with $1,000 out of pocket for first month and fees with a 12,000 miles for a 2012 Pilot EX-L with rear entertainment system. Is this a fair deal? I have read thru a few posts and I read that some people are getting better offers. any advise is appreciated

    In addition, I will be turning in my 09 pilot EX-l with 36,000 miles but the mile allowance for the lease was for 45,000... is this a bargaining chip for me? if so, how so? I hear that the dealer can buy the car from me instead of the bank? is this accurate? if so, if this theory effected by the fact that the car was in an accident (read ended)?

    thank you in advance for time and advise!!
  • No problem agillman.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Here's the information that you are looking for, gt99speed. Honda Finance's December buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot EX AWD with 15,000 miles per year are .00056 and 57%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    The numbers for an otherwise identical lease of an EX-L are AWD are .00056 and 55%.

    At lease-end, Honda Finance charges $0.15 per mile for excess miles. It provides a discount from that for additional miles purchased at lease signing, but I don't know exactly how much.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
  • Just picked up a pilot EX-L with RES with $1,200 out of pocket for $480 per month including taxes for 36 months and 15,000 miles per year. this included roof rack with cross bars, premium chrome running boards and moonroof deflector. Good deal?
  • I'm considering the 36 & a 39 month lease on a Pilot (1k a month). Whats the current money factor for top tier credit for a 36 & and 39 month lease? Also how do the residuals calculate out? I'm looking at a EXL. I've been quoted 59% on a EX for 36 months by two dealers.
  • capilotcapilot Posts: 2
    edited December 2011
    Okay, found this site about a month and a half after I upgraded my lease on 11.13.11 from a 2010 Honda Odyssey LX to a 2012 Honda Pilot EX-L 4WD in Southern CA (heard the 4WDs are hard to get in So Cal). When we leased the Odyssey a year and a half ago, we wanted a 4WD Pilot, but none were available. I think I did OK, might could have done better.

    Maybe could have worked the equity in my Honda Odyssey to greater advantage, but here’s the numbers. One caveat: the dealer disclosed right before the papers were signed that the car was used—it had 78 miles on it—apparently had been sold to a guy who’d driven it off, but that the bank later said they wouldn’t finance, so the car had to be returned, so technically, the car was used, not new. Bottom line—so far, I love the car—but still want to see how we did deal-wise.

    Old car: 2010 Honda Odyssey
    Leased new around April 2010 w/ 12,000 miles per annum allowance.
    Monthly payment of $ 395/mo.
    Paid at lease signing $ 1500.
    Turned in 11/13/11 w/ 10677 miles (could have had 17,000 w/ no charge).
    Agreed upon value: $ 22350
    Less pay off: 22873.88

    New car: 2012 Honda Pilot EX-L without navigation and rear entertainment system.
    Agreed upon value of vehicle as equipped at lease signing: $ 34109.99
    + Outstanding prior credit or lease balance: $ 523.88
    + Acquisition fee: $ 595.00
    Gross capitalized cost: $ 35228.87

    They gave me a $ 750 “good customer” credit (returning customer) and I paid $ 1000 on my credit card at lease signing.

    My monthly payment for the Pilot is $ 434.66 ($ 399.69 lease payment; $ 34.97 monthly sales tax). 36 month lease.
  • Hi ytandrs. Honda Finance's current buy rate lease money factor and residual value for a 36-month lease of a 2012 Pilot EX-L 4WD with 15,000 miles per year are .00075 and 55%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.

    You definitely don't want to lease this car for 39 months. Its special program is only available for up to 36 and the money factors jump significant for any terms longer than that.

    Car_man
    Host
    Prices Paid: Buying & Leasing Experiences Forum
Sign In or Register to comment.