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Comments
36 mo.
12k mi.
0 down (nothing out of pocket, just sign & drive-off)
$334. + tax
is it a good deal?
thanks...
Dennis
Can you please let me know what else you got for 28.5K deal on the 2008 Pilot EX-L. I appreciate all the feedback you have posted earlier as it really helps us all get the best numbers.
Regards
Mike
1. The front bar and rear bars are different. Make sure you have not reveresed them
2. There are specific locations Honda recommended (there are marks on the roof rail/rack). That is where my crossbars are located. Moving them to other positions may actually create noise. For recommendations of crossbar locations, see installation instructions.
Good luck.
Thanks for sharing the pricing info. Did you have any accessories/options included in the 32500 OTD price of 08 Pilot EX-L AWD. I'm also in the DC region and was interested in that trim. Can you pls. tell which dealership gave you this offer.
Thanks in advance
There is $1,088.40 in hold back on this model, so the dealer still made $383.40 plus dealer fee (if any) and any profit on a trade in (if any).
Good deal, not much meat left of the bone
Dennis
The only extra accessory that came with the car was the appearance package (wheel locks, mud guards, and some other minor stuff).
I initially sent out quote requests using Edmunds and received several quotes within a few days or so. The lowest one I got was from Koons in Manassas which was around $30,500 for the sale price (not including destination). The salesman told me they are currently offering a $500 off the internet quote coupon for this month which will bring down the price to roughly $30,000. Figuring this is a very good price, I called Hendrick to see if they can match this price. The manager I spoke to said he would match this price and since Hendrick is the closest dealer to me (I live in Springfield, VA), I went with them. The transaction was very smooth and the people there were excellent. They have a large selection with many colors to choose from. My wife really like the Nimbus Gray and that's what we got.
Hope this helps and good luck.
I agree, very good deal. But I don't believe that a little less than $400 is all the money (gross profit?!) the dealer made on an '08 model. Making just a few hundred $$ on a new car won't be enough for dealers to stay in business and pay for all the overhead and the salaries/commissions. They would make much more in interest having invested that money (And they do pay interest on the money thay borrow to carry the cars on the lot). I think the key is that we, as customers, make good deals and be happy with it. And this was one of those deals.
36 mo.
12k mi.
0 down (nothing out of pocket, just sign & drive-off)
$334. + tax
is it a good deal?
thanks...
My e-mail address is in my profile if you want to drop me a line.
I will post the prices once I have them.
I would expect down into the hold back a good ways for both, but it depends on the number they have in stock and how fast/slow they are moving, I guess. They have an online inventory so you can go count the number of each
Dennis
They said someone had already contacted them on these two trim lines, so I guess that was you?
Anyway:
SE 4WD
Price: $27,993
MF: .00014
Residual: 54% or $18,592
$0.00 Cap Reduction
$298 + tax X 36 months @ 12K miles per year with approved credit
EX-L 4WD with Navigation
Price: $31,693
MF: .00014
Residual: 51% or $18,502
$0.00 Cap Reduction
$399 + tax X 36 months @ 12K miles per year with approved credit
For reference, invoice is $30,510 on the SE and $32,905 on the EX-L/NAV, so the discount is MUCH better on the SE (and I bet they have a lot more of them to choose from).
Dennis
I have a disabled daughter who is sometimes in a wheelchair and I am looking for a new car. We do not need a car that has a ramp.
I am thinking about a Honda Pilot. I like many things about is but the only thing that isn't perfect is the back door does not open as wide as I would like.
I live in Louisville, KY and am looking for a good deal. A really good deal! The car does not even have to be brand new. I understand the '09's are going to be new so now is a good time. Any advice?
Thank you.
The current lease deals on the Pilot VP 2WD and 4WD call for the dealers to price the SUV at around $500 under invoice if you do the cheap lease - but folks are finding they can at even lower prices. If you opt to purchase, you should be able to knock off another $500 off of that to get to around $1k under invoice OR MORE. The total dealer money should be $1k on leases and $1,500 on purchases.
"Test drive" the door opening with your daughter at the dealership. With the 3rd row of seats folded there is gobs of room inside behind the 2nd row. About the only negatives are the low MPGs (as you would expect for a good size SUV) and the future resale value may be low.
Dennis
Edmunds is still showing $1,500 in dealer money for the VP Pilots in either FWD or 4WD if you BUY them. So take invoice, less $1,500 and you should have a nice target. They still make 3% of MSRP in hold back and several dealers have been seen to be dealing down into the hold back to move a Pilot.
So get your quotes for the Pilot, destination, and any dealer doc or prep fees. Then compare those to each other and to invoice less incentive and if you are near or below that number, then take your best price and go buy.
Dennis
I presume these "deals" are decent, but if anyone disagrees, please let me know.
Dealers in large metropolitan areas know you are price shopping over the phone/Internet and SOME will leave off destination and/or dealer fees to make their price sound the best, then you show up and they tack that on.
Keep in mind that the larger the MSRP the larger the hold back, on a top of line model like you are looking at it should be over $1k. So they can deal under invoice less incentives and still make a nice profit.
Dennis
MSRP: $34080
Purch Price: $30190
MF: .0003
Residual: .53
Term: 12K/yr, 36months
Money Down: $2100
Monthly Payment: $351
Dealer applied some of the $1000 manufacturer to dealer rebate.
This deal was made in Suffolk COunty, Long Island, NY.
thanks
I'm thinking of getting an EX-L, but I know in the past, usually end of the year, the incentives have increased.
Since the 2008's are being phased out in the next few months, does anyone have a feeling for what Honda will do in March/April?
The downside: your dealer make get $500 less incentive if you lease VS buy, so you may pay $500 more for the Pilot. You have to pay the $595 bank fee on the lease. So you end up being $1,095 over your purchase price, but YMMV.
The upside: cheap, near 0% interest for 3 years. Guaranteed purchase price at lease end (between 49% and 54% of MSRP). The option to just turn the Pilot in at the end of the lease - didn't like it, ready for something new, gas is $5 per gallon, etc. In most every state sales tax is only due on the payment, and not the whole car, so you defer paying about 1/2 the tax until you purchase the Pilot - or pay nothing else if you turn it in. The freedom to new car shop in 3 years w/o the hassle of a trade. The lease bank (AHFC) takes all the risk in future value - if the Pilot does not hold value then at lease end just turn it in. If the Pilot is worth more than buy out price, you still get to buy at the agreed price.
If you were planning on financing your Pilot, then I would run the numbers both ways. I think you will find that leasing the Pilot at these insane low rates THEN buying the Pilot compares favorable with financing the Pilot new at a much, much higher rate - even counting the price difference and bank fee.
Just something to think about.
Dennis
Dennis
At the example given by the poster above, can you please detail to us how to plug in the numbers? I myself am torn between lease and purchase, so if you let us pick your brain, that will help us make a more intelligent decision.
Thank you much!
Dennis
Is this a good deal. I checked it is around $2700 below current invoice.
Thanks
Weekly Specials at Livermore Honda
2008 Honda Pilot VP 4WD
MSRP.......................................................$29,630.00
Weekly special price..................................$6,000.00 off MSRP *
H80143 H80179 H80202
Price good through 2/10/2008.
In the market for a 2008 Honda Pilot. I've been quoted the following:
2008 EX-L RES $28,127 + Dest + TT&L. Looking to purchase at this time.
Seems pretty good to me? What do you all think?
Thanks in advance!
So, sounds pretty decent?
I guess I'm also wondering with the new 2009 pilot coming out,
can I expect to get a better deal down the road on remaining 2008 models?
And when would be a good time to jump in and grab a 2008 model?
Thanks again in advance!
If you're not forced to buy now, the best advice I can give is keep waiting until they give a firm launch date for the 2009 models, then you'll see heavy discounting on remaining 2008 inventory and knowing that they are carrying over 75 days of inventory you can expect the discounts to be very aggressive.
When might that be? If I were Honda I would use the NY Auto Show the third week in March to perhaps introduce and give a firm launch date on the 2009 model. They have already publicly committed to a spring launch and the most noteworthy show that would give them a lot of press in that timeframe is in New York. It's right around the corner so might as well wait and see. The worst case is that they will continue to creep up dealer marketing support by another $500-1,000 every few weeks to clean out 2008 model year inventory since I can't see them pushing back the launch as they must have already tooled up the factories for the 2009's.
Good hunting!
Folks shopping Accord went through the same deal last year - the longer you wait the more you may save but the fewer your choices are.
I would say if you could lease a Pilot now for nearly no interest and pay $1k or so under invoice or purchase one now for $2,500 or so under invoice those are smoking hot deals. Could you save a little more later, maybe on the purchase or with some cheap financing, but I think the lease deals will go away soon. And Honda may not offer much more than $2,500 in incentive money. We just don't know for sure.
Dennis