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Comments
Instead of rambling, I thought that I would post regular updates of my van's performance and problems.
Take care,
Vince
Atlanta, Ga
Thank you!
Thanks for the kind words.Odyssey sales are as brisk as ever..Hope all is going well with you and your family.. Have a great new year and call if you need anything..And of course.. Enjoy your Odyssey...
Randy Westmoreland
has anyone brought extended warranty from Hersons or other delaers in D.C. area? Had tape deck installed?--if so what price?
Please Help! I just got a flat driving my hubby's old car!
This was by far the easiest purchase I ever made. It was easier than buying shoes or a home appliance. Financing through Honda was effortless. As far as the van, it's great; seems a lot better than the unreliable '99 Grand Caravan we were happy to unload!
-juice
Ed Voyles in Atlanta offered $40 below MSRP. I did not accept because I believe prices will drop further, but they seems like a pretty good dealer to work with.
call on monday after 10 days--told not yet--few more days. Tuesday get call-oops--5 were not in transit, but first being built and alocated to hersons. clerk made error and told salesman on way. will be another month.
lets vote--a-telling truth-inadvertent screw up
b-sold to someone else on spot, possibly for more than list
c--other
(ended up at hersons after getting recomendations from 2 others)
while at this--service ?-have seen soem ridiculous service prices--7500 miel oil change and inspection of various parts for over $100 etc.. is this common from dealers. have american cars in pst and delaers never charged close to what honda delears want for scheduled maintenance
i ended up their after getting good recomendations from 2 other people.
Jerry
Where in NJ did you buy the van and when yousay list do you mean MSRP?
Thanks
Thanks in advance for the info.
Selling cars for a living is hard. However, treating people like they are dirt and expecting them to like it isn't part of the equation. Love the van, loath the sales force...I'll be buying something else. Since I keep them forever, resale isn't a factor.
Good luck.
DCH
Navyair, so what's your problem with paying MSRP like everyone else? Be happy you live in an area where it's not OVER list. Even if you keep it 10-12 years, it's still going to be worth several thousand dollars, and probably $2,000 more than a comparable Ford/Chrysler/GM van. And if resale isn't a factor, isn't reliability? Hondas aren't perfect, something(s) WILL need repair. But statistically you'll spend a lot less than on those other brands over the life of the van. And that disappearing third row of seats can't be beat.
Don't get caught up in dealer personality issues. All dealers are generally of the same mindset: make as much profit as possible. Honda dealers are no less good/more evil than the guys at any other brand dealership. Good luck.
INKY
I often get requests for lease payments through email, and to tell you the truth they are fairly time consuming and complicated to work out.
Jerry
Jerry
Honda seems so interested in keeping Odyssey production a secret... questions like when will Alabama plant be wide open - and when (if ever) will the canada plant start switching to the Pilot? I keep reading that the switch will happen - but when is a key question.
My local dealer said yesterday that he's getting 30 Odysseys in February - way more than normal. He says his dealership is being rewarded for something but I am wondering if the Alabama plant is finally starting to make a difference. Anybody hear anything similar from local dealers regarding February increases?
My logic: I asked for the raw inputs and was told that the current '02 EX numbers for 3yr/45k miles were Residual=61%, Money Factor = 0.00285 (almost 7%), Bank Fee = $550. When I ran the figures they didn't look too favorable. The residual used is fair, (although they used to be better), but the money factor is too high to make the payment work.
With $0 down (as I usually do on subvented leases - throw everything in - tax, all charges) and a few accessories, it rings in at something like $475 a month. That is not far enough below the purchase financed figure (with the 6.25% bank loan I secured). It would be fine on a heavily depreciated vehicle, but I expect the actual marketplace residual to be well over the 61% used in the lease math. Private sale figures on '99 vans are probably running 70% or more??? That could make it a better deal to buy and sell if you wish at the 3 yr point, rather than lease and turn it in.
Hope this doesn't totally confuse you - leasing math is a very convoluted processes.
Steve
http://www.autonews.com/files/prod.pdf
Actual lastest are 13k Canada and 2.5k alabama.
In posting Candadian truck mean Canada and other is Alabmama. That is a lot of vans.
INKY
Since I had paid $335/mo. for a $26,000 Grand Caravan, these lease prices seem very high to me, especially on a car that retains such a high value used. People that lease generally have a tax advantage to doing so, don't have the money to put down, or just don't care enough to look at the long-term cost-per-month of having the vehicle. The Grand Caravan would have cost more than $335/mo. for the three years I had it; I would have had to keep it a lot longer to get the monthly cost down to $335/mo., and it would have had to be without expensive repairs, something that it clearly was not indicating in its first three years.
But Alabama can go pilot and MDX if needed as demand varies. This is recollecion only.
I would say Pilot due Aug in mass, Jun production so will start making soon if all goes well.
INKY
I even tried sending pricing requests through Edmunds using several different zip codes so I might get one quote from one dealer out there in the state of Calif. All I get is the standard letter of how the dealer is dedicated to service and satisfaction and they will call to make sure I'm asking for the correct model.
The Odyssey is so basic with features, how difficult can it be to say what it will cost for an EX leather / DVD in any color (GG prefered)?
I did have two dealers finally call me and he still wouldn't quote a price over the phone. One guy did go so far as to say there was a 50/50 chance I could get MSRP. Wow, he really stuck his neck out. I told him I ready to buy and will give him a deposit over the phone - but no price.
-juice
I agree. The residual being used here is about the same as I got on my '97 Gnd Caravan Sport, and at the time I got a lower interest rate, yielding (with a few hundred down) a lease payment of about $80 less. Bottom line: Honda has no incentive to subsidize the lease, so you might as well just buy it.
A small part of the problem here also is the bank fee - one of the highest in the business. Consider that Toyota and Ford are $0. Take $550, add in finance charges (especially at high money factors), and sales tax (yes, you pay sales tax if you roll it into the monthly payment, and then finance charges again on the sales tax amt - tricky compounding!!), over 36 months it adds about $20 / month.
Leasing works great for everyone when the mfgr is trying to temporarily up production or move inventory. Honda doesn't have that problem, so no free rides!
Steve
Jeez!
I'm willing to pay MSRP no questions asked - I even told the guy over the phone I'll go MSRP and he said it's 50/50 that I can get it for that. What salesmanship, what service, where's my "hassle free quote" I ask?
For all the other cars out there that are not in as high a demand, I do
not feel one bit sorry for sales people who deal with price shoppers - because they are showing
their true colors with the Odyssey. I know damn well the car they identified at the plant will never come my way if they can find someone in a big hurry willing to pay a few hundred more.
I've seen so many car saleman say how it is so petty for people to shop around for a couple hundred bucks on a car.
Any price beyond MSRP and I wait on the side lines till supply catches up.
If the Dealer want to ask for over MSRP, tell them they can keep it.