Ody EX question for the group by godsgal Jul 04, 2007 (8:46 am)
First can I say thank you for rickindallas for his information on calculating dealers cost at #15453.
You’re welcome. Pass on what you learn too. :shades:
Ody EX question for the group by godsgal Jul 04, 2007 (8:46 am) I was feeling so sorry for them not making any money. Now I feel good about making a lower offer.
Don’t feel sorry. They are adults and savvy business people, they will turn down an offer they don’t want to do.
Ody EX question for the group by godsgal Jul 04, 2007 (8:46 am) We are buying a van this week in IN and are considering a 2007 EX. After we make our offer for the vehicle when we walk in (we are working with a guy), what extra costs should we prepared to deal with if we do not offer an OTD price?
Just watch out for dealer “processing fee”, “conveyance fee”, “prep fee” etc. Also watch out for the dealer claiming that all their vans come with X add on and they can’t take it off.
I would ask them before you make your offer what all fees you should expect. And have them explain them to you if you don’t understand. If there are any “fluff” fees negotiate them away before you make your offer or just take them into account when you make your offer .ie $our predetermined offer – “fluff fees” = the offer we make. Then make your offer for the van if you are comfortable.
If you are doing it by email just ask for a full break down line by line for a OTD price. Then you can work on any fees you see in their offer. If you get multiple bids you will start to see what the true fees are and which ones are fluff.
This forum has been a great source of information. I just bought an Ody EX (cloth) from Don Carlton Honda for $26,000 out the door (incl. destination and fees) + I got them to throw in the cargo tray I wanted. I explained to our sales rep that we were looking today and that I was planning on emailing a number of dealers for price quotes. He couldn't match the lowest price I'd seen on the boards but the above deal is what I asked for and received. Probably could've gotten a better deal by a few hundred dollars if I'd contacted the other dealers in a 2 hr radius but I really didn't want to mess with it and they had my wife's first color choice. Our sales rep was straight forward with no pressure, no games from him or the business manager and the whole process only took about 2 hours including us looking at different vans on the lot. Definitely a good car buying experience.
Also, 2 dealers confirmed to me that the 2.9 36mo/4.9 48-60mo financing that Honda currently has would continue past 07/05/07 but I have no idea how long it will continue.
Best of luck to those of you still shopping and thank you to everyone that has posted their buying experience here to help others.
Hi, I was just reading your post and have a very similar situation. How did everything work out? We are looking at the same vehicle and need some advice. Thanks
I live in Sacramento, CA and made our purchase in Alhambra, CA, (450 miles south). Do not go unless you have the deal in writing. I had a real hard time getting the dealer to send me a fax with the specifics of the deal, but once I had it in writing, I hopped on a Southwest flight, arrived at the dealership, and everything went smooth. They did not try and bait and switch me or anything. I would have been very nervous, however, if I did not have a deal in writing.
Your results may vary, of course, but I would do it again - if the deals out of town save enough money to allow you to justify the time, go for it.
According for the Consumer Reports Price Service (I checked it this morning) for the Odyssey there are currently no dealer incentives or rebates available. Yesterday a local dealer confirmed however, that the low financing rates (2.9% up to 36 months and 4.9% for up to 60 months) have been extended until September 4th.
If there is a change noted on Consumer Reports, I will post it here. I hope this helps.
Yep - went shopping this morning and was told by dealer that $750 they had last week has now gone away. I could not get a decent deal on the EX - I was looking for $24K - $25K and hoping to get OTD with tax (7%) at $26K - $27K and he had me at $29K. He also did not move at all from the price so we said our goodbyes.....hoping for a better deal but may have to wait until some incentives come back in (hopefully !!)
Notes: I did most of the work via emails, getting detailed OTD quotes from aprox. 20 DC/Baltimore metro dealers. The written OTD prices ranged from $32,600 to $34,904 - a $2,304 spread! Most dealers provided the detailed breakouts, some needing to be asked several times for clarifications, etc... those that didn't respond were trash canned.
The hard part of the deal was the trade-in and that's where they made their money. We ended up getting a little more than Kelly Blue book value for GOOD condition: $7,450. This was $450 more than any other Honda dealership offer and $1,450 more than the CARMAX appraisal of $6,000. But, I guessing they'll sell the trade-in for close to $12,000.
Kelly Blue Book Trade-in values were: Excellent $8,050 Good $7,395 Fair $6,285
I spent several weeks on this purchase. Walked out of 3 Honda dealerships after low trade-in offers, which ranged from $5,200 to $7,000.
Overall, we're satisfied with the deal & the Honda Odyssey. Hope this info helps... Happy Hunting!
We lost out on on the incentive. I was trying to find a dealer around hear selling for around $1500 below invoice but had no luck. The Sienna is looking better now. We have also thought about a Hyundai though, from their message boards, it seems they don't have as good of service with their warranty.
Hope you like your new van! I didn't get one, either. A few complications arose, and by the time I could get home, it was too late to pick one up last night. I had a fall-back plan, but that too seems to have fallen through, although there might still be some hope (but I won't find out til tomorrow).
I've looked at the Hyundai too, and while there are many things appealing about it, I'd pay the extra for the Odyssey or the Sienna. One other consideration, the 08 Highlander should start showing up in show rooms in about 2 weeks. Supposed to have a decent 3rd row, with access through a pass through in 2nd row. Haven't tried it myself though (it was up on a platform at the Chicago Auto Show).
Well, my husband and I took your advice, but the Honda place in Muncie did not accept my husband's offer so he walked. He also went back later that day and made an offer on a LX for $22,000 and it was not accepted so he walked. The final result was we bought a 2007 Hyundai Entourage SE (I know some are you are groaning!!). I made the whole offer by phone, got an email confirmation of details and my husband drove to Richmond Hyundai and bought it last night. Great experience - enjoyed this chat room (my first one ever) and the great advice from rickindallas and several others. You helped us be bold and with GOD's favor we got a really awesome van with a wonderful warranty. Bye.
The final result was we bought a 2007 Hyundai Entourage SE (I know some are you are groaning!!)
I found the Entourage SE cloth interior to be the nicest cloth of the minivans I looked at. Lots of great features too (hope you got the premium package with the heated seats / homelink/ backup sensors - after specing out the price to pay for Odyssey backup sensors ($900) that's another deal).
One other option: the Pilot. Today, Honda jacked the incentives on the 07 Pilot up to $3500. Move fast though: there aren't many 07s still on the lots (08s have been coming in for a little while). Where I am (I just called around), invoice after the incentive is a pretty good deal as it is (maybe $100 or 200 lower is possible). Good luck.
I was at a dealership yesterday looking at an 07 Odyssey EXL. The MSRP was 33960. I was looking for a great deal and wanted to get OTD at around $28,000. The Invoice was 29463 and Honda had $1000.00 dealer incentive. They came back to me at 28463 +TTT. That put me at around $31,350. I was going to walk out and they came back to me with an OTD price of $30,000. After reading some of the post, it seems to me that they gave me a very good deal.
Based on my math: Invoice $29,463 Incentive $1,000 Destination $551 Tax $1707 Hold Back $884
Dealer Cost $27028.00 My Tax $1659 Destination $551 Tag/Title $150
My Cost $ 30,000. My Calculation Dealer selling me the vehicle at $27,650
Are you looking at 2007 Odyssey without Navi or DVD? Hmmm...
In that case, MSRP before destination should be $31690 and Invoice before destination should be $28159. And hold back should be $932 (3% of MSRP before destination).
Therefore, the dealer cost should be $26778... BTW, your dealer has $1,000 cash incentive to dealer? I thought some dealers had $750 incentive until 7/5 and it ended??? Where is your dealer located?
I am also looking at 2007 Honda Odyssey withouth a Navi or DVD and the best offer I got was $28850 ($100 over the invoice)... He said there is no marketing promotion from the manufacturer for them (I am living in a small town)... Assuming he is honest, his cost should be $27778 (w/$1000 incentive) and $28850 gets him just about $1,000...
However, the trade in value for my 2002 Honda CRV LX AWD with 75000 miles was fairly good,, $9500.
Hello. I live in Pittsburgh,PA area and on June 28 got EX-L with no DVD/Nav for $28,300. No other dealer in the area could offer me the same or lower price. I had the greatest experiance with sales rep. If you are interested check Washington Honda in PA. Good luck.
Folks - All your posts were a great help. Thank you for taking the time.
Just purchased an '07 Odyssey - Black, EX-L RES for $29,450 (+ trade-in at $250 below CarMax quote) at Rorhman Group Schaumburg Honda, Illinois. I would never recommend the dealership. Dealer prep on the van was pathetic (on delivery, dvd screen fuse wasn't put in and they sent me to service that took 3hrs!!! The roof cross rails took a week to deliver, then they installed the wrong ones and scratched the roof) These guys are useless but use them to negotiate to your benefit.
Great van, have been using it for 3 weeks now. Too bad the dealership is so poorly run.
I think you might get better deal ( the later you buy the better deal you will get). I posted the following information last month:
2007 Honda Odyssey EX-L w/DVD System Passenger Van (No Navigation )MSRP:$33,290 bought at the Goudy Honda on June 13, 2007 (Andrew Nhu )
Pearl silver with Leather Interior.
$28,072 selling price which includes the destination charge. $2315 Sales Tax (CA Tax of about 8.25%) $55 Doc Prep Fee $8.75 CA Tire Fee $10 CA County Fee $242 New Veh Lic Fee
$30,702 OTD Took the 4.9% - 60 months for the $23,000 loan
There is no cash incentive on the Odyssey anymore. People posting prices / quotes from last month should realize that the dealers will automatically add $750 to their prices from last month. If you didn't buy before the incentive ended on the 5th, you've missed out on this for the time being (though Honda may reinstitute the program if sales start dropping).
On the other hand, there is a $3500 incentive on the Pilot, $1500 on Toyota Sienna and Kia Sedona, and $2500 on Hyundai Entourage (Sienna & Entourage programs end today: hard to predict tomorrow after Honda took the incentive away on the Odyssey)
I bought the odyssey Ex-L last month(June) and am under the impression that I got a good deal. I didnt know about this forum till yesterday or else I would have checked the costs earlier.
I got the EX-L for $28,300 OTD in the NOVA/Dc metro area.
I traded by Honda Accord Ex- V6 2000 make for $5,800. I wanted 6K for the car, and 28K OTD for the van, but got tired haggling, as it was Sunday evening, and my negotiations went on till 7pm.
Did all my research online, got quotes online, spoke to salespersons, and told them that I wont come in till I get an offer. Everyone was in the 28,700 OTD range, but this dealer said he will try to shoot for 28K. The trade-in negotiations jumped a lot.
They offered 4K and I walked out. They pulled me back in said 5K. I said I cant go below 6K, and then it went on till we agreed on 5,800.
Carmax appraised car at 4K, and some one dealer gave me $2700(gave me Auctioning BS) and another one offered $4,200.
A word of caution from just my point of view. I bought a Pilot last fall because of the good deals to replace a minivan. My wife wanted to try something different than a minivan and the Pilot had seating for 8 and AWD. Overall - it was a mistake to try to replace a minivan with the Pilot. It has not turned out to be as accommodating and efficient as a minivan for 3 kids and a dog. Now, with that said, everyone's desires are different and if you want to transition to a SUV, the Pilot is great. I love it! Now, I have to find a good deal on an Odyssey for my wife...
Now, with that said, everyone's desires are different and if you want to transition to a SUV, the Pilot is great. I love it! Now, I have to find a good deal on an Odyssey for my wife... Just 2 kids here (plus an occasional friend or 2). I'm coming from a Subaru wagon, so I haven't gotten used to the room of a minivan yet. Plus, the AWD will help here in Minnesota. In many aspects, the Pilot is like an inflated Subaru wagon.
P.s. As for your own search, the 08 Odyssey is a "MMC" (mid-model change; for reference, the 2006 was the MMC for the Pilot), with possible refinements to the powertrain / interior. Not much info on what these may / may not be at this point, but it should go on sale late September/early October, so maybe in a month's time. Exterior changes are very minimal. Here's one picture: 08 Odyssey Spy Picture May be worth waiting a couple months for (or for the deals on the 07 Odyssey to return), given you have a Pilot now that might be able to work short term.
I am about to buy a 2007 Honda Odyssey EX-L (w/o Navi or DVD), trading my 2002 Honda CR-V LX AWD with 75,500 miles. Please see the quote I got from a local dealer and comment on it.
1. Quote for the Odyssey: $28,850 ($100 over the invoice + destination) 2. Quote for the CR-V: $10,000 ($75 more than "excellent", $700 more than the quote in KBB): my car's condition is probably somewhere between "good" and "excellent" 3. Net payment to the dealer will be $18,850 + $80 of legal fee.
I know the quote for the Odyssey is not great, but I liked the quote for my trade-in value for CR-V... And also the alternative Honda dealer is about 1 and half hour away as well as they don't have the car I like in stock...
So, what do you guys think? I am closing the deal with the dealer tomorrow...
I hear there is no cash incentive to dealer for odyssey sale at this moment?? If this is true, the profit the dealer will get out of this deal will be somewhere around $500... (=$28850 - invoice - destination charge + Hold Back)
Thanks to all. This forum has been a great source of information. Last Friday(07/06/07) I bought an Ody EX-L with Navi and DVD from Diamond Valley Honda, Hemet CA. Following are the price break up:
Vehicle price : $30533 (This price includes splash guard, cargo tray and wheel lock) Doc fees : $55 CA Sales Tax: $2381 DMV Electronic Filing fee: $28 License fees: $200 Registration: $60 CA Tire fees: $8.75
Total OTD : $33,265
I got the qutoe from most of the dealer in near by area but quote from these guys sound attractive to me. I am San Diego based and this dealer is around 60 miles from my place so before walk-in to thier showroom I pretty much finalized everything over the phone. Price and color was finalized on Thursday but they didn't have Nimbus Gray in stock and they said they will get one by tomorrow. So I visited their showroom with a fax copy of quote on Friday. First thing I did was to take test drive of very own vehicle I am getting. While driving I test things I read in forum. Then we came back and while car was running in idle(parking) I accelarate over 3000rpm and I heard some weird sound :sick:. I reported this problem to sales person so he took this vehicle to technician. He came back with some absurd reason that this is because of VCM . It was my fault that I believed and didn't test similar vehicle they have. I was negotiating to throw in all season floor mat but they were not ready. They charged $141 for that on top (OTD now is $33,406). I got 4.9 financing for 60 months. Finance lady told about Honda Care warranty for $1395 (7yrs/120K). It seems little higher to me so I just declined. Then we walk out to our new van and found that all season mat is not there (only accessories for which I paid) :mad: . Sales person said they dont have in stock and will let us know once they get one. Then on Saturday just to make sure the reason they gave about that weird sound I visited another showroom in San Diego and did similar test. No sound. SO I called today and they said come by and we will fix it. I told him give me a call once you get floor mat and I will stop by to get both things done i.e. install floor mat and get rid of that sound from engine. So it was not very good experience but so far dealer is nice and gave assurance to have everything fix. I will keep you posted about this dealer once I am done with both the stuff. Does anyone have similar experience on their 07 model when accelarate over 3000 rpm on idle(parking)? Is it a matter of concern to get it done asap? Because while driving I dont hear any sound. Let me know.
I can't speak for the trade in ( we didn't do that) but the lowest quote I got for an ex-l in nova was 28K (otd), one at 28.1k and the rest way higher.. I ended up getting the exl with res with back up sensors.. I think overall you did really well- my deal hit the pek of the end of incentive (750) frenzy and a glut of odysseys at that one dealer's lot..
If I'm not in a hurry to get an odyssey, I was wondering if it would benefit me to buy an 07 or wait until the 08's come out? If it makes any difference, I'm looking at an ex-l and would probably buy from the Chicago area, unless I can find a better price in Wisconsin.
Thanks to everyone for the info! Just wanted to return the favor.
I purchased the EX from Sierra Honda in Monrovia, Ca. on 7/5 (just in time for the dealer incentive). I used the Edmonds quote service for several zip codes around LA/RC and did everything via email until I was down to 2 dealers. (the other dealer was Spirit Honda in El Monte, who were also nice to deal with) I spoke to both on the phone to reconfirm and to let them know that I wanted a smooth transaction when I got there since it was late in the day and far from home. I couldn't decided between two colors, so sierra had both ready when we got there. We picked one, went for a drive and when we got back to the office, he brought a copy of the email he sent me to confirm our understanding. Between him and the finance guy, all the paper work was smooth, no hard sell on the lojack or the extended warrenty. Total time at dealership-2hrs, including 20 minutes to get car washed.
Just bought an EXL with Nav and DVD on 7/3 in Manchester, NH - Autofair Honda
I traded an '01 Subaru Outback with over 94,000 miles and a few things that needed to be fixed. Will say the leather was in great condition on the Outback, but I have young children so there were a few other defects with the car. OTD including the trade and Doc fees we paid $24,449. KBB had my trade at about $7500 and the dealership gave me $8000. I think so they didn't have to show they went below invoice. I personally was only expecting to get about $7000 for the trade. So, the breakdown went like this ...
We haggled for a little while and then I told them the number I wanted to get to with the trade. I told them to get to that number or we were walking. I told them I don't care how you do your numbers - price for Ody vs. price for the trade, just get to the bottom line. They got to my number so we signed the deal. I didn't like the color of any on the lot so they went and found me the color I wanted with the options I wanted. No fee for that and they were very willing to do it - some dealers around here charge for that. Highly recommend Autofair Honda in Manchester.
We did talk to Ira Toyota of Manchester, NH as we were comparing the Sienna and the Ody. Both vans had their pros and cons, but I didn't like dealing with Ira. They wanted to sell me what was on their lot even though none of the cars were the trim level I wanted nor had the options I wanted, told me they would not order me one, told me that they may never find my configuration as they only build certain configs. in certain parts of the country, and gave me a hard time about wanting a navigation system. I wanted leather, DVD and Nav. I don't think I was asking too much.
Although I'm sure it's not the only disappointing experience in the forum, I felt the need to share it. Thanks to this group I had a good idea of what the OTD cost should be for the EXL without DVD or Nav. I got an OTD quote in writing from Open Road Honda's internet salesperson, Christine Martinez, of 30,227. I called her just before making the hour trip with my wife and kids to confirm that there would be no suprises and she said no gimmicks, come on in. When we arrived, she met us and handed us over to a salesperson who said that the quoted deal was no longer valid, but I could get it for about 2,000 more! When we asked to speak with Christine to clarify the matter, the dealer sent us everyone but her, we even saw her hiding in the back of the dealer. We were at a complete loss, and I am still shaking at the lack of integrity of some of these dealers.
Tavi, You need to get the car from my dealer than..the OTD cost for EX-L, no extras for 28,300. If you are interested I can give you the dealer name, and the person whom you should contact. Also, note that you can get the good faith estimates on the phone. These guys want to sell cars and are very patient with their customers. Bought 2 cars from them over a period of 4 years...good experience.
You should call honda usa to complain- i did that with my ordeal at landmark honda in alexandria, va. i tried complaining to their gm but he did't care one iota- seems like they pull a bait and switch a lot since he was just so indifferent.
Take a look at my post #15532. Recently I purchased EX-L with Nav/DVD in southern cali. I would say make sure abt any rattling noise if you accelerate(above 3000 RPM) either in idle(parking) or while driving.
I had a similar question a while back. speechman gave a pretty good explanation of some of the stuff to look for in post #15470. You might want to check that out. Good luck!
I am looking at the Odyssey EX-L w/RES. I just started looking beginning of July. I didn't buy it before the incentives expired. Now I'm just wondering if anyone has any thoughts if Honda will bring back some incentives.
I just have a hard time paying $750 more than the guy that bought the car last week. Right now I guess I'll wait it out and hope for the best.
That's one thing I'm trying to decide. Do I wait for the '08 or not.
I also wanted the power lift gate, but I don't want all the other stuff on the touring model. I was thinking maybe they would put the power lift gate on the EX-L model for 08. Who knows. Well it's wait and see for me right now.
FYI, Here's a listing of OTD price quotes I collected late June - early July for the EX-L with NAV + DVD. The $750 cash back to dealer incentive was active at the time.
* Sheehy Honda had (has?) a deal of "beating any written offer or you receive $4K." Their original email price quote was much higher.
* Jim Coleman also had a deal of beating your best written offer by $100, which they did. Their original email price quote was also much higher. Crappy offer on the trade.
O'Donnell Honda sent the lowest OTD price via email and Norris Auto Group also offered to beat best written offer.
I went to (in order): Jim Coleman, College Park, Landmark, Sheehy
Funny thing is, Sheehy never actually asked to see my best written offer, they just took my word for it! :shades:
DEALER---------------------TOTAL - OTD ============================ Sheehy............................$32,572 Jim Coleman....................$32,596 O'Donnell.........................$32,696 Heritage - Parkville............$32,841 Norris..............................$32,847 Landmark Rosenthal.........$32,888 College Park....................$32,988 Heritage -W'minster..........$33,050 Herson............................$33,102 Ken Dixon.......................$33,407 Tysons Corner.................$33,636 Sands Auto.....................$33,881 Bowie Honda...................$33,949 Hendrick.........................$34,035 Criswell...........................$34,143 Ourisman........................$34,157 Schaefer.........................$34,474 Bill Page.........................$34,477 Fairfax Rosenthal.............$34,609 Browns...........................$34,904
Comments
First can I say thank you for rickindallas for his information on calculating dealers cost at #15453.
You’re welcome. Pass on what you learn too. :shades:
Ody EX question for the group by godsgal Jul 04, 2007 (8:46 am)
I was feeling so sorry for them not making any money. Now I feel good about making a lower offer.
Don’t feel sorry. They are adults and savvy business people, they will turn down an offer they don’t want to do.
Ody EX question for the group by godsgal Jul 04, 2007 (8:46 am)
We are buying a van this week in IN and are considering a 2007 EX. After we make our offer for the vehicle when we walk in (we are working with a guy), what extra costs should we prepared to deal with if we do not offer an OTD price?
Just watch out for dealer “processing fee”, “conveyance fee”, “prep fee” etc. Also watch out for the dealer claiming that all their vans come with X add on and they can’t take it off.
I would ask them before you make your offer what all fees you should expect. And have them explain them to you if you don’t understand. If there are any “fluff” fees negotiate them away before you make your offer or just take them into account when you make your offer .ie $our predetermined offer – “fluff fees” = the offer we make. Then make your offer for the van if you are comfortable.
If you are doing it by email just ask for a full break down line by line for a OTD price. Then you can work on any fees you see in their offer. If you get multiple bids you will start to see what the true fees are and which ones are fluff.
Good luck! AND have fun!
Also, 2 dealers confirmed to me that the 2.9 36mo/4.9 48-60mo financing that Honda currently has would continue past 07/05/07 but I have no idea how long it will continue.
Best of luck to those of you still shopping and thank you to everyone that has posted their buying experience here to help others.
sounds about right. I made a deal on one today in NJ for 27500, excluding tax, title and tags.
Your deal seems about $300 cheaper, and I struggled to get he deal I made. I think you're golden.
Your results may vary, of course, but I would do it again - if the deals out of town save enough money to allow you to justify the time, go for it.
Good luck.
Price: 22,912 (incl all fees, dest, etc)
Options: 1,406 (full towing package, roof rack)
Tax: 2,006 (our sales tax is a ridiculous 8.25%)
---
OTD: 26,324
- Chris
According for the Consumer Reports Price Service (I checked it this morning) for the Odyssey there are currently no dealer incentives or rebates available. Yesterday a local dealer confirmed however, that the low financing rates (2.9% up to 36 months and 4.9% for up to 60 months) have been extended until September 4th.
If there is a change noted on Consumer Reports, I will post it here. I hope this helps.
Our OTD price was $32,572.
Our base price of $29,955 was $1,637 below invoice.
According to msg #15453...the math for calculating the dealers cost:
Invoice
+Destination charge
-Cash back from Honda (currently $750)
-Hold Back*
= Dealer’s Cost
*HoldBack = Invoice (not MSRP, no destination charge) * .03
Our deal #'s:
=====================
$31,592 invoice
+$595 freight charge
-$750 cash back from Honda
-$948 hold back
=====================
$30,489 dealer cost
$30,550 was our base price + freight
OR.... $61 over dealer cost!!
===detailed breakout===
$29,955....Base price
$595.........Freight
$329.........Doc processing fee
$1,532......State tax (MD 5%)
$53...........Bus. Lic. tax
$108.........Lic./Title fee
-----------------------
$32,572 OTD price
Notes:
I did most of the work via emails, getting detailed OTD quotes from aprox. 20 DC/Baltimore metro dealers.
The written OTD prices ranged from $32,600 to $34,904 - a $2,304 spread! Most dealers provided the detailed breakouts, some needing to be asked several times for clarifications, etc... those that didn't respond were trash canned.
The hard part of the deal was the trade-in and that's where they made their money. We ended up getting a little more than Kelly Blue book value for GOOD condition: $7,450. This was $450 more than any other Honda dealership offer and $1,450 more than the CARMAX appraisal of $6,000. But, I guessing they'll sell the trade-in for close to $12,000.
Kelly Blue Book Trade-in values were:
Excellent $8,050
Good $7,395
Fair $6,285
I spent several weeks on this purchase. Walked out of 3 Honda dealerships after low trade-in offers, which ranged from $5,200 to $7,000.
Overall, we're satisfied with the deal & the Honda Odyssey. Hope this info helps... Happy Hunting!
I hope you purchased yours before the incentive went away. I went on a family vacation that got a little delayed, and missed my chance.
Sienna with its $1500 rebate is looking more attractive now!
We lost out on on the incentive. I was trying to find a dealer around hear selling for around $1500 below invoice but had no luck. The Sienna is looking better now. We have also thought about a Hyundai though, from their message boards, it seems they don't have as good of service with their warranty.
Hope you like your new van!
I didn't get one, either. A few complications arose, and by the time I could get home, it was too late to pick one up last night. I had a fall-back plan, but that too seems to have fallen through, although there might still be some hope (but I won't find out til tomorrow).
I've looked at the Hyundai too, and while there are many things appealing about it, I'd pay the extra for the Odyssey or the Sienna. One other consideration, the 08 Highlander should start showing up in show rooms in about 2 weeks. Supposed to have a decent 3rd row, with access through a pass through in 2nd row. Haven't tried it myself though (it was up on a platform at the Chicago Auto Show).
I found the Entourage SE cloth interior to be the nicest cloth of the minivans I looked at. Lots of great features too (hope you got the premium package with the heated seats / homelink/ backup sensors - after specing out the price to pay for Odyssey backup sensors ($900) that's another deal).
Enjoy.
Based on my math:
Invoice $29,463
Incentive $1,000
Destination $551
Tax $1707
Hold Back $884
Dealer Cost $27028.00
My Tax $1659
Destination $551
Tag/Title $150
My Cost $ 30,000.
My Calculation Dealer selling me the vehicle at $27,650
A Dealer Profit of $612.00
Any Comments or advise?
Hmmm...
In that case, MSRP before destination should be $31690 and Invoice before destination should be $28159. And hold back should be $932 (3% of MSRP before destination).
Therefore, the dealer cost should be $26778...
BTW, your dealer has $1,000 cash incentive to dealer? I thought some dealers had $750 incentive until 7/5 and it ended??? Where is your dealer located?
I am also looking at 2007 Honda Odyssey withouth a Navi or DVD and the best offer I got was $28850 ($100 over the invoice)... He said there is no marketing promotion from the manufacturer for them (I am living in a small town)... Assuming he is honest, his cost should be $27778 (w/$1000 incentive) and $28850 gets him just about $1,000...
However, the trade in value for my 2002 Honda CRV LX AWD with 75000 miles was fairly good,, $9500.
The dealership was Hennessy Honda in Woodstock, GA.
Thanks for the info and good luck!
Just purchased an '07 Odyssey - Black, EX-L RES for $29,450 (+ trade-in at $250 below CarMax quote) at Rorhman Group Schaumburg Honda, Illinois. I would never recommend the dealership. Dealer prep on the van was pathetic (on delivery, dvd screen fuse wasn't put in and they sent me to service that took 3hrs!!! The roof cross rails took a week to deliver, then they installed the wrong ones and scratched the roof) These guys are useless but use them to negotiate to your benefit.
Great van, have been using it for 3 weeks now. Too bad the dealership is so poorly run.
I would like to buy a new 2007 Honda Odyssey EX-L model with DVD or with both DVD and navigation system.
For EX-L with DVD I am getting the quotation $28,600.00 + Tax and Other fees.
I would like to know what is the good price for the EX-L model with DVD and EX-L with DVD+Nav.
How much should be out-of-door cost and I line in Redwood City, CA.
Your valuable inputs will help me to decide.
thanks.
I think you might get better deal ( the later you buy the better deal you will get). I posted the following information last month:
2007 Honda Odyssey EX-L w/DVD System Passenger Van
(No Navigation )MSRP:$33,290 bought at the Goudy Honda on June 13, 2007 (Andrew Nhu )
Pearl silver with Leather Interior.
$28,072 selling price which includes the destination charge.
$2315 Sales Tax (CA Tax of about 8.25%)
$55 Doc Prep Fee
$8.75 CA Tire Fee
$10 CA County Fee
$242 New Veh Lic Fee
$30,702 OTD
Took the 4.9% - 60 months for the $23,000 loan
Thanks.
There is no cash incentive on the Odyssey anymore. People posting prices / quotes from last month should realize that the dealers will automatically add $750 to their prices from last month. If you didn't buy before the incentive ended on the 5th, you've missed out on this for the time being (though Honda may reinstitute the program if sales start dropping).
On the other hand, there is a $3500 incentive on the Pilot, $1500 on Toyota Sienna and Kia Sedona, and $2500 on Hyundai Entourage (Sienna & Entourage programs end today: hard to predict tomorrow after Honda took the incentive away on the Odyssey)
Add:
$595 freight charge
$750 cash back to the dealer (no longer available)
=====================
$31,300 before TTL
$32,572 was our OTD price.
I got the EX-L for $28,300 OTD in the NOVA/Dc metro area.
I traded by Honda Accord Ex- V6 2000 make for $5,800. I wanted 6K for the car, and 28K OTD for the van, but got tired haggling, as it was Sunday evening, and my negotiations went on till 7pm.
Did all my research online, got quotes online, spoke to salespersons, and told them that I wont come in till I get an offer. Everyone was in the 28,700 OTD range, but this dealer said he will try to shoot for 28K. The trade-in negotiations jumped a lot.
They offered 4K and I walked out. They pulled me back in said 5K. I said I cant go below 6K, and then it went on till we agreed on 5,800.
Carmax appraised car at 4K, and some one dealer gave me $2700(gave me Auctioning BS) and another one offered $4,200.
What do you guys think about the deal?
Just 2 kids here (plus an occasional friend or 2).
I'm coming from a Subaru wagon, so I haven't gotten used to the room of a minivan yet. Plus, the AWD will help here in Minnesota. In many aspects, the Pilot is like an inflated Subaru wagon.
P.s. As for your own search, the 08 Odyssey is a "MMC" (mid-model change; for reference, the 2006 was the MMC for the Pilot), with possible refinements to the powertrain / interior. Not much info on what these may / may not be at this point, but it should go on sale late September/early October, so maybe in a month's time.
Exterior changes are very minimal. Here's one picture: 08 Odyssey Spy Picture
May be worth waiting a couple months for (or for the deals on the 07 Odyssey to return), given you have a Pilot now that might be able to work short term.
I am about to buy a 2007 Honda Odyssey EX-L (w/o Navi or DVD), trading my 2002 Honda CR-V LX AWD with 75,500 miles.
Please see the quote I got from a local dealer and comment on it.
1. Quote for the Odyssey: $28,850 ($100 over the invoice + destination)
2. Quote for the CR-V: $10,000 ($75 more than "excellent", $700 more than the quote in KBB): my car's condition is probably somewhere between "good" and "excellent"
3. Net payment to the dealer will be $18,850 + $80 of legal fee.
I know the quote for the Odyssey is not great, but I liked the quote for my trade-in value for CR-V... And also the alternative Honda dealer is about 1 and half hour away as well as they don't have the car I like in stock...
So, what do you guys think? I am closing the deal with the dealer tomorrow...
I hear there is no cash incentive to dealer for odyssey sale at this moment?? If this is true, the profit the dealer will get out of this deal will be somewhere around $500... (=$28850 - invoice - destination charge + Hold Back)
Vehicle price : $30533 (This price includes splash guard, cargo tray and wheel lock)
Doc fees : $55
CA Sales Tax: $2381
DMV Electronic Filing fee: $28
License fees: $200
Registration: $60
CA Tire fees: $8.75
Total OTD : $33,265
I got the qutoe from most of the dealer in near by area but quote from these guys sound attractive to me. I am San Diego based and this dealer is around 60 miles from my place so before walk-in to thier showroom I pretty much finalized everything over the phone. Price and color was finalized on Thursday but they didn't have Nimbus Gray in stock and they said they will get one by tomorrow. So I visited their showroom with a fax copy of quote on Friday. First thing I did was to take test drive of very own vehicle I am getting. While driving I test things I read in forum. Then we came back and while car was running in idle(parking) I accelarate over 3000rpm and I heard some weird sound :sick:. I reported this problem to sales person so he took this vehicle to technician. He came back with some absurd reason that this is because of VCM
have. I was negotiating to throw in all season floor mat but they were not ready. They charged $141 for that on top (OTD now is $33,406). I got 4.9 financing for 60 months. Finance lady told about Honda Care warranty for $1395 (7yrs/120K). It seems little higher to me so I just declined. Then we walk out to our new van and found that all season mat is not there (only accessories for which I paid) :mad: . Sales person said they dont have in stock and will let us know once they get one. Then on Saturday just to make sure the reason they gave about that weird sound I
visited another showroom in San Diego and did similar test. No sound. SO I called today and they said come by and we will fix it. I told him give me a call once you get floor mat and I will stop by to get both things done i.e. install floor mat and get rid of that sound from engine. So it was not very good experience but so far dealer is nice and gave assurance to have everything fix. I will keep you posted about this dealer once I am done with both the stuff.
Does anyone have similar experience on their 07 model when accelarate over 3000 rpm on idle(parking)?
Is it a matter of concern to get it done asap? Because while driving I dont hear any sound.
Let me know.
I purchased the EX from Sierra Honda in Monrovia, Ca. on 7/5 (just in time for the dealer incentive). I used the Edmonds quote service for several zip codes around LA/RC and did everything via email until I was down to 2 dealers. (the other dealer was Spirit Honda in El Monte, who were also nice to deal with) I spoke to both on the phone to reconfirm and to let them know that I wanted a smooth transaction when I got there since it was late in the day and far from home. I couldn't decided between two colors, so sierra had both ready when we got there. We picked one, went for a drive and when we got back to the office, he brought a copy of the email he sent me to confirm our understanding. Between him and the finance guy, all the paper work was smooth, no hard sell on the lojack or the extended warrenty. Total time at dealership-2hrs, including 20 minutes to get car washed.
EX - $24,900
sensor 750
OTD $27,854 w/honda financing @ 2.9% 36mo.
I traded an '01 Subaru Outback with over 94,000 miles and a few things that needed to be fixed. Will say the leather was in great condition on the Outback, but I have young children so there were a few other defects with the car. OTD including the trade and Doc fees we paid $24,449. KBB had my trade at about $7500 and the dealership gave me $8000. I think so they didn't have to show they went below invoice. I personally was only expecting to get about $7000 for the trade. So, the breakdown went like this ...
Car: $32,150
Doc Fees and title: $299
Trade: $8000
OTD: $24,449
We haggled for a little while and then I told them the number I wanted to get to with the trade. I told them to get to that number or we were walking. I told them I don't care how you do your numbers - price for Ody vs. price for the trade, just get to the bottom line. They got to my number so we signed the deal. I didn't like the color of any on the lot so they went and found me the color I wanted with the options I wanted. No fee for that and they were very willing to do it - some dealers around here charge for that. Highly recommend Autofair Honda in Manchester.
We did talk to Ira Toyota of Manchester, NH as we were comparing the Sienna and the Ody. Both vans had their pros and cons, but I didn't like dealing with Ira. They wanted to sell me what was on their lot even though none of the cars were the trim level I wanted nor had the options I wanted, told me they would not order me one, told me that they may never find my configuration as they only build certain configs. in certain parts of the country, and gave me a hard time about wanting a navigation system. I wanted leather, DVD and Nav. I don't think I was asking too much.
Very happy with the Ody!
T
$32,449 -vs- $32,572 Nice job!
I think yours is the lowest OTD price on the board for the NAV + DVD, at least from what I've seen ;-D
I know somewhere the info is there in this forum but not able to locate the same.
Any direction will be greatly appreciated.
Thanks in advance.
I had a similar question a while back. speechman gave a pretty good explanation of some of the stuff to look for in post #15470. You might want to check that out. Good luck!
jetzzs
i've been getting offers right at 29K plus TTL from dealers in texas.
I just have a hard time paying $750 more than the guy that bought the car last week. Right now I guess I'll wait it out and hope for the best.
OTOH, 08s should be here in a couple months - may be worth the wait.
I also wanted the power lift gate, but I don't want all the other stuff on the touring model. I was thinking maybe they would put the power lift gate on the EX-L model for 08. Who knows. Well it's wait and see for me right now.
Here's a listing of OTD price quotes I collected late June - early July for the EX-L with NAV + DVD. The $750 cash back to dealer incentive was active at the time.
* Sheehy Honda had (has?) a deal of "beating any written offer or you receive $4K." Their original email price quote was much higher.
* Jim Coleman also had a deal of beating your best written offer by $100, which they did. Their original email price quote was also much higher. Crappy offer on the trade.
O'Donnell Honda sent the lowest OTD price via email and Norris Auto Group also offered to beat best written offer.
I went to (in order): Jim Coleman, College Park, Landmark, Sheehy
Funny thing is, Sheehy never actually asked to see my best written offer, they just took my word for it! :shades:
DEALER---------------------TOTAL - OTD
============================
Sheehy............................$32,572
Jim Coleman....................$32,596
O'Donnell.........................$32,696
Heritage - Parkville............$32,841
Norris..............................$32,847
Landmark Rosenthal.........$32,888
College Park....................$32,988
Heritage -W'minster..........$33,050
Herson............................$33,102
Ken Dixon.......................$33,407
Tysons Corner.................$33,636
Sands Auto.....................$33,881
Bowie Honda...................$33,949
Hendrick.........................$34,035
Criswell...........................$34,143
Ourisman........................$34,157
Schaefer.........................$34,474
Bill Page.........................$34,477
Fairfax Rosenthal.............$34,609
Browns...........................$34,904
Good Luck!
not sure paid correct price or not
$28,200 + $550 (destination charge) + tax + fees = $31,540/-