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Comments
I felt the same way in '98 while paying $22.6k for my minivan (to replace the '89 one I paid $13k for).
My first house cost $19k.... times change :-)
Steve, Host
When you're comparing 'value,' street prices that you can get today are what should be used for comparison. If one prefers the Odyssey, then great. But I don't buy the argument that there's a huge price/features disparity.
I wouldn't bet on getting anything lower the MSRP on the new Ody at the beginning unless Honda has overestimated the demand (which it rarely does). Simply too many people out there will want these new ones. Even at full MSRP, it's price comparable to the similarly equipped Sienna at current pricing. I just don't forsee too many MSRP+ pricing out there, which is good.
The thing is, Honda hurts itself on the backend of jacking the MSRP so much higher in the residual value of the vehicles. Unlike Toyota where the MSRP is low, but option packages raise the values, most Hondas are flat, thus anything selling below MSRP will affect the residual values numbers. I think they're loooking more American style pricing on this now. Heck, who knows, maybe rebates are comin by year's end (j/k).
I would seriously consider shopping for a lease with some company stating a high residual value and low money factor. I wouldn't be surprised if at three years you'll find yourself ahead of the game because the companies overestimated the RV of the new Odys vs the comparable historial high RV of the '00-'04 Odys where the leasing companies made a killing on higher than anticipated RVs.
Touring base $35,010
RES : $1,500
NAVI: $2,000
-----------------
$38,510
makes sense this way. I went thru many dealerships in NJ area, and they only had either just base Touring or Touring RES&NAV coming in. I did not see Touring with NAV OR Touring with RES only...
Wonder if they will have Odyssey DX?
Oh, the $38,544 included $795 for dealer prep and $239 spash guards.
Oh well, dealer in OH called and told me I can have the exact one I want (ocean mist) late nov/early dec.
BUT, dh just mentioned a few mins ago that he now thinks I should get the Lexus. I'm laughing because he's the one who's been psyched about the new Ody.
Thieves, these Honda dealers.......
That means a base LX model starting at approximately $25,000, an EX out the door for under $30,000 and the new high-end Touring edition from about $34,000, maintaining Honda's high-value reputation."
http://money.cnn.com/2004/08/19/pf/autos/odyssey/index.htm?cnn=ye- s
Toyota packaging reminds me of Ford and GM in the 70's and 80's. 300 options and 20 packages. No package gives me exactly what I want. If you want a certain option, it is either not on any cars actually built, or you have to get a bunch of other junk you don't want. Thanks but no thanks.
My experience with Honda dealers is that they ALWAYS tack onto a hot model worthless garbage like 'prep,' mudguards, stripe, vin etching, etc. Certainly, some Toyota distrubtion regions are guilty of this as well. But Honda has it down to an artform, to the point that it is psychological warfare: (Scenario 1): Customer feels good about not paying more than MSRP on a hot '05 Ody, even though this junk makes the vehicle actually cost MORE than MSRP. Or (Scenario 2) customer feels good about his Accord when dealer 'throws' this stuff in during final negotiations, even though it's worthless. No doubt there is $780 of profit in $795 of 'prep.'
I guess I was right about the pricing of the new Hondas. It makes my choice to purchase my Quest all the more solid in my mind. I know some of you dont agree with that, but I am not sure that the cloud of love for Honda and Toyota has cleared in your minds yet. I refuse to pay upwards of $40k for a van, and it will be impossible with those two at this time because people will blindly pay it just because that is their determined amount and they control if they come down or not. I for one am glad I did not set myself up for the disappointment of not being able to get the van I really wanted.
He took it off on my request.
The fix is to click on Recent Messages or go elsewhere in Town Hall and return.
Steve, Host
I'm going to miss my Lexus GS430 snif-snif.
Above is the address of the site that listed the multiple Toyo paint problems going back to the late 90's. If you use Edmund's search feature within the Sienna forum or any Toyota forum you'll see lots of similar posts. Just type in "paint" in the search window within any Toyota forum. Other makes have people complaining of problematic paint jobs, but, it just looks like the Toyota paint thing is a fairly big deal. I don't want it to be a big deal because I like having any least two or three vehicles within a class that I am willing to buy--even though deciding is hard, it creates a sense of freedom from coercion.
I hope that Honda post about adding thousands to MSRP isn't true. I WON'T pay over MSRP and am even getting close to thinking that if Gulf States wants in the low 40's for a loaded Sienna, I might as well start looking at true luxury vehicles since I'm getting close to that price range!
So, any paint experts please speak up! We want the real paint story on Toyota.
I might not get to reply for awhile due to being super busy this weekend, but I will be "hovering" for answers. Thanks!
We will also not pay over MSRP but my guess based on prior experiences with Honda's is that you'll have to wait for a bit to get at MSRP in many markets. Like I mentioned in the post earlier today, this will be our 5th new Honda from this dealer in the last 14 years, from the same sales manager, so we're expecting MSRP and no more.