Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
We wound up @ $29845 OTD for a black EX-L , no RES or Nav. Looks like they gave us the Resist All for free, because I never pay for that junk. All in all I think we did well for our area. We're in Maine.
Anyways, I dealt directly with the Finance Manager who I knew through a close friend and as soon as I got there, the paperwork and everything was ready for me to sign. Overall a wonderful experience. I almost picked the slate green metallic. Don't let the green fool you. It looks pretty sick if you see it in person.
Do you lease with Honda Finance? If it is lease, I saw somewhere in Carspace forum that Honda Finance lease payment covers Gap Insurance.
-kyfdx
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Will it be $ 2000 less or $ 1000 less than what you paid?
This is if I don't take the special financing. Is this a good deal? Am I getting the $ 2000 Off with this price or $ 1000 off?
The breakdown I was given was
$ 22922 'Special Price'
$ 635 Dest Charge
$ 399 Processing Fee
$ 765 Taxes
$ 80 Title + Reg
What was your breakdown. I have been getting $30K + tax and license. I don't know what the tax is in PA, but it looks like you are probably $1000 below me. Any hints...
They have a 2000 dealer cash, a 2000 Honda Finance Cash, and low APR.
Am I right in thinking you can now get 2K AND low Apr? as opposed to just the 1K and low apr? What's really being offered?
thanks a lot
It was $28,647 (including $635 destination charge) + 6% tax (in PA suburb) + $148 (for doc fee, title, reg etc) = $30,514 (out-the-door)
With this deal I don't believe the dealership made any money. According to my calculation, they must have only made close to $89. Out of that $100 (or more) has to be paid to the salesguy, so they ended up losing money on this deal. I don't believe the manager present on the day we bought the van was not too happy with the salesman on the deal. We actually saw him getting angry at the salesguy. It was another manager who had OK'd the price to the salesguy. I just got lucky I guess.
Good luck on your search..
I have asked for an update quote, lets see what they get back with.
For example: I saw this somewhere and is not well-known by us ... Honda Fianace will give $500 to dealer on pay-off Honda auto-lease.
This is the informaiton I found on Edmunds website
Honda Odyssey EX with Destination:
29,595 MSRP
26,864 Invoice
25,598 What others are paying
Incentives:
2,000 Dealer Cash cannot be combined with other offers
2,000 Dealer Finance Cash. May not be combined with the $2000 stand alone Dealer Cash.
.9% apr Cannot be combined with $2000 dealer cash.
If I don't need financing what should be the price I should target? Is it 25,598 - 2,000 - 2000 = 21,598? Or is it 26,864 - 2,000 - 2,000 = 22,864? Or can I not combine the two 2,000s and better off financing it using one of the rebates?
Thanking you in advance. I appreciate your answers very much.
Also, can someone confirm the new incentive that just started yesterday is simply a combination of the cash back and low financing?
So when you say you agreed on $25,600, you mean, you will pay $23,600 (after subtracting rebate), and get 2.9% apr, correct?
Also, does this figure include documentation/processing fees from dealership?
EXL-DVD invoice including dest $31,247 less dealer cash of $2,000 = $29,247+$253 profit=offer of $29,500 firm no other fees except TTL & sales tax NYS tire.
Must also get .9% 36 month financing. Dealer should call withing next 6 months if offer not immedialty accepted.
Think they will bite?
I think they'll probably bite but not because of the $253 profit. I think the profit will closer to $1267 to $1436. When you factor in the dealer holdback which is explained on another part of the Edmunds site, and depending on whether it's 3% of MSRP before destination fee as reported by Edmunds or 3.5% (2% holdback plus some other new holdback term of 1.5% I saw over on the Accord site).
Someone please correct me if I'm wrong.
Hope this is correct and helps.
If you're not willing to "give" your van away, be prepared to keep it because it is worth essentially nothing as a trade and very little more on a private party sale. Nice late '90s Chrysler vans that aren't miled up can be bought for less than 4 grand.
Will be at my Honda dealer in the next week or so for service on my other Honda's and will float the ballon. Also looking at the Sienna but Honda always comes out as $2,000-3,000 cheaper on pricing for comparable equip vans.
With this configuration, price of Sienna came to 29,359 without rebate but with 0% APR. If I don't care about financing it is another $1,500 less. This is very close to price of Odyssey. My local dealer has quoted me $100 below invoice. With this price, I am leaning towards Sienna.
Sienna has power liftgate and HO EXL-Res does not (according to Edmunds). XLE (QJ) has 7 seats HO EXL-Res has 8. My comment related to a my earlier purchases involving a new 2005 EXL-Res to a comparable Sienna and a 2000 Accord SE to a comparable Camry. All this is irrelvant now if the dealer prices are that comparable in the current environment.
Looks like you got a great deal congrats.
I am planning to buy a Ody with NAV / RES . I received a quote of $ 31,000 incl destination $ 635 + TTL.
Is this a good price. Also need some advice : Can i buy the 2008 now or wait until the release of 2009. By the way when is the 2009 expected.
thanks for your comments
regards
Brainage2