Howdy, Stranger!

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





Should I buy a used Honda Odyssey?

58motor58motor Posts: 11
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!
«1345

Comments

  • mary36mary36 Posts: 52
    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.
  • 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!
  • mary36mary36 Posts: 52
    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. :confuse:

    So..... not sure what we're going to do.
  • esteezeesteeze Posts: 102
    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).
  • 58motor58motor Posts: 11
    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
  • cccompsoncccompson Posts: 2,388
    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.
  • 58motor58motor Posts: 11
    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?
  • cccompsoncccompson Posts: 2,388
    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.
  • 58motor58motor Posts: 11
    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?
  • mary36mary36 Posts: 52
    If you don't get Navigation and DVD, you CAN get an EX-L for around that $26 price.

    Those other goodies add on about $3k.

    I got a quote for around $29 (before taxes) for an EX-L with DVD plus NAV.

    What I'm finding used for 2006 (again equipped as above) all have 20-40k miles on them and are either only a couple grand less than what I was offered for NEW... or even MORE expensive. Crazy huh?

    This is the ONLY reason why we're considering new. I've NEVER had a new car - ever. It'll be very strange to have actual "new car smell" in our garage and not from some silly aroma spray.
  • 58motor58motor Posts: 11
    Mary are you planning on buying one this weekend? If you are buying what are you going to buy?

    We have never had new either and it seems pretty weird. I remember years ago the APR was so low it made it a good deal to buy new, but those days are long gone.

    I have put in an email at the dealership, we will see what happens. I still don't think it is smart for us now but I know I need to look into it. If it really is OTD 26K maybe there is a chance.
  • mary36mary36 Posts: 52
    I HOPE we buy this weekend.

    And rumor has it here -
    http://www.odyclub.com/forums/forumdisplay.php?s=&forumid=52
    ... there's going to be $2k off on leftover 07's PLUS low APR financing (only this weekend). Right now, it's either/or not BOTH. We'll see if it's true.

    Our problem is, we want to pay cash. I thought we had the $$ for it, but my lovely husband informed me/reminded me last night that he's taken out a big chunk of that money to pay on the mortgage. (He did tell me this in passing a LONG time ago... I just forgot).

    Of course, that's the wise, mature home owner thing to do right? Put your money in something that apreciates. But that doesn't help momma's cause! I need a new van before my crappy seatbelts ejects one of my kids!

    If the dealer IS offering the low APR and $2k off... I think I could talk DH into doing it. He's expecting some really large bonuses this winter and spring and we could pay the loan off then.

    If you don't want NAV and DVD, I really do think you'd get close to that $26k price. And you'd have an awesome vehicle.

    Good luck! ;)

    Mary
  • cccompsoncccompson Posts: 2,388
    No, 26K for the vehicle - taxes and fees vary widely across the country. Just read the Prices Paid threads here and on the Odyssey club site to get an idea of current market pricing.

    I've never worked in any phase of the automotive business.
  • 58motor58motor Posts: 11
    cccompson-I was just teasing you a bit!
  • 58motor58motor Posts: 11
    Thanks for the link but for me it didn't go to a specific page. That is a good rumor about this weekend though. It will be interesting to see what they do for me.

    I hope you do get to buy your car this weekend!

    I am pretty doubtful we will be getting one. We would be depleting too much of our savings to do it. And our Forester is fine. Small but just fine. Nice even. I am just so sick of such a small car, plus we are driving to Vancouver in October and I had my heart set on having a decent size car. Plus this will be the second time we have put off buying the Odyssey. Last year DH came up with the great idea to take the $ we had to buy an ODY and pay off the Forester. Which was smart. And we would be getting an ODY if I didn't do any research! We would be getting a 03 or 04. But I think it is best to wait and get the newer one.
  • I'm looking for a bit of advice. I'm thinking of buying a 1995 Odyssey. It has 241,000 miles and they are asking $2500.00. It has an issue with the A/C and catalytic converter. Do you all think this is a good deal...anything I should look for when I test drive it???

    Thanks so much for all your help!!!
  • cccompsoncccompson Posts: 2,388
    Good deal?

    Absolutely not - it's miled up and needs (likely expensive) repairs.
  • awful deal. i just sold my 2000 ody ex for 2500 miles. many many cosmetic issues but all major compoenents and engine in perfect order, new timing belt, four new michelin tires, brakes 15k on them, new radiator. the automatic doors are fussy and require various operator tricks to close. the ac blows icecold but again, major trickery to get the button for the rear a/c lined up just right to work.

    anyhoo, you can do better if you look look look and are willing to sacrifice on cosmetics.

    k
  • I'm dealing with a 2000 oddysey with 107k miles on it. It seems a bit sluggish accelerating after a stop. There's almost a 'pause' when the gas is applied. Is this normal for hondas?

    also, my big concern is transmission issues. This one hasn't had any issues so far, but I've read a lot of posts on it. Should I be concerned?

    Lastly, how many miles should I expect out of an Oddysey?

    Thank you!!!
  • cccompsoncccompson Posts: 2,388
    No, that pause is not the way it should act. If it is doing anything strange in downshifting (as when slowly stopping for a light), the transmission is failing for sure.

    Second generation Odysseys transmissions aside, Hondas run forever if properly maintained.
«1345
Sign In or Register to comment.