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It was Alliance Credit union pre-approved and Dealer's finance dept has a direct line with them so I setup all account and paper work from Honda dealership without even go to the Credit Union.
It was so low that Honda didn't even try to match with another one.
They respond quickly to your emails, no high pressure add-on tactics, and they beat all other Houston Honda dealer prices easily. If you're in the Houston area (heck even Austin folks might find it worth the drive)and looking for a good deal on a Honda - check out these folks. Bet you won't find a better deal anywhere else. :shades:
Also, I had one fleet dealer tell me that the $500 dealer incentive doesn't help him lower the price for me, because all of that money goes straight to the dealership and not into his pocket. Does this seem like a reasonable story?
I know one Credit Union in Houston will give you a good rate if you put 20% down on your vehicle. Don't other Credit Union in other cities have something like this.
That's a good price. Some people paid more and a few paid less. I was quoted 29270 for an EX-L w/ RES. If the dealer has the color and the van you like I'd say go for it, if not than you can email around to see if other can match or beat it. If you are going for for your second choice tell them that it's not what you want and ask them to throw is some stuffs like all-weather mats or cargo tray or mud guards, etc...But that's a good price.
I am looking to lease an ODY EX-L w/DVD in Ohio. What price should I aim for via a 36 or 48 mo. lease w/ 12K/year?
(I don't care about the residual or the total vehicle price, I won't be buying at the end of the lease, so lowest monthly payments is the goal for me). Thanks in advance for all your help.
P.S. If any of you have recent lease offers/prices in states other than Ohio, I would appreciate them as well!
I did shop this deal around at the last minute and was able to get the monthly price down to $415 a month which is about $500 below invoice. I also had another dealer quote the car at $28,846 which they claimed was $1000 under invoice -(in reality on $300 below) -even showed me the "printout" showing their cost.
Long story short I decided to go with the dealer I felt most comfortable with and was closest to home even though I might have been able to save $500 over the life of the lease.
You will love the van. It is a great vehicle.
48 mo lease
15K miles per year (I did ask for 15K)
$479 per month INCLUDING TAX (which for me is 6.5%, i.e. ~$31/month)
I've asked them for what price this quote is based on, what the residual and money factor they are using, etc. I will post when I get this data. For now, I am not sure how it compares to yours, given the mileage and tax differences, unless yours included tax, in which case your deal blows my quote away.
P.S. How much extra should I expect to pay for 15K per month vs. 12K per month?
The residual will drop 2% when you go to the 15K/yr lease from 12K/yr..
If the MSRP is $35K, it will add a little over $700 to your total lease payments.... Or, about $20/mo.
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For April the residuals for the Ex-l, Ex-lR, and EXL-RN was 60, 58, and 56 respectively. I am curious what they are for the month of May. Our salesguy said they dropped a point. I really wanted to wait 2 months but I was afraid with the 07 models coming that the residuals would drop even more!
Here's the question: I have no intention of buying the car at the end. I will definitely need the 15K miles per year. Am I better off getting 12K per year, and then gambling on the dealer taking the car off my hands when the lease runs close to being done (buying it and selling it to the dealer as a condition of getting a new car from them), or should I bite the bullet and get the 15K?
My credit score is 687 and I was wondering if I should even bother to go to the local Honda dealer to see if they would give me the May special of $269/month lease for a 2006 Odyssey LX.
If I can't get a good deal on Odyssey I may have to settle for a Sienna or Quest.
Thanks for any help in advance.
9000 extra miles for $720... That is only $0.08 per mile...
If you know you are going to use the extra mileage, it is a no-brainer..
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That's as good of a deal I have seen anywhere. All the models (LX, EX, EXL+) are all going for similar discounts. See if your dealer is willing to go this low. I saw the ad for Grand, called a closer dealer to me and they called me back within an hour and said "we accept your offer of $33,947(including destination charges). I think I paid close to this for my 1998 Sienna! Anyway, needless to say, I'm picking the Odyssey up on Monday afternoon. Good luck!
LX - $21860
EX - $24601
EXL - $26500
EXLRES - $28250
EXLRESNAVI - $30250
Touring RES - $31970
Touring RESNAV - $33947
Concerning the 2007 Odyssey, does anyone have knowledge of what price they will be selling for after they are introduced? Will it be closer to MSRP or Invoice?
Not sure if I would pass this deal up...
I was quoted 27000 (incl. dest) + ttl for an 06 EX-L. My research tells me that price is $1258 below invoice (28258). Couple of reasons why I hesitated:
1. The license/dmv fees were about 250 and doc fees were 45. Do they look reasonable?
2. They applied the sales tax to the total of 27000 + ttl fees. Isn't sales tax supposed to be only on the base price (excl. destination)?
3. They tried to sell wheel locks for $99. Aren't wheel locks standard?
thx much.
Anyone else with an experience of this kind. I am planning to buy Odyssey EX. I got a dealer quote of $25,200
thx much
I got it at AutoWest Honda in Fremont.
Capitol Honda was willing to match the price too but they don't have Sage with Olive instead of Ivory.
Goodluck, let us know how it turns out for you.
2. They applied the sales tax to the total of 27000 + ttl fees. Isn't sales tax supposed to be only on the base price (excl. destination)?
That's seem about right for DMV fee for. $45 is good for doc fee.
Wheel locks are not standard but most will throw them for free; it only costs $54 online not $100.
I guess I shouldn't create a fuss about the sales tax on the fees (which would amount to less than 50$). I am going to ask them to put the wheel locks into the price.
As for the 27000 price, is that a good price based on what others have been getting recently?
thx again
Just bought a EXL + DVD + Navi in the SF Bay Area.
Price : $30,200 + Tax + DMV
Color : Slate Green with Olive
OTD : $33,008.
Looks like you can get great deals for Odyssey now in the bay area. Im sure we will see under $30K deals for this model in 2 weeks. Happy Hunting !!
Where did you get it? I quoted both Fremont and San Leandro, and both give me about $1 more than yours.
$1 or 1k. I would jump on it right away if it's $1.
Did you walk or did you buy the van? The prices they were quoting you were just under MSRP, and it seems like most folks are getting their Odyssey's at or below invoice. I was really surprised that I was able to get my Odyssey (EX-L) below invoice since, historically, Honda dealers in my area never then to sell these vehicles at or below invoice.
I was a bit bothered that the internet manager had our salesperson running back and forth with our offer on paper, not just starting at the 28,941, considering we had agreed on in e-mail before arriving, but we got the deal, so that is all that matters! Arrived at 7:30pm, drove off at 10:00pm (it took a while to get the car out, as it was 4 deep on the lot)
It is too bad that dealers try to pull these tactics after you called them multiple times to verify the price..
Sounds like you are a smart shopper. I took my wife and child out when we were comparison shopping (drove all the different vans back to back, found the particular model and color we wanted) and then I emailed and called the next day (last day of the month) to get the best price. I also handled all the paperwork at the dealer by myself so my wife and infant did not have to wait (it took about 2.5 hours total).
Good luck, and let us know how things turn out!
Tax (8%), Title, License, and 8yr/120k 0Ded warranty, less $11k trade => OTD $14500. (actually, I think they made a $200 error on the xtnded warranty, as they seemed a bit shaken when we finalized the transaction.)
I see it as "resetting the clock and the Odometer to zero" for a cost of under 18 cents/mile. Not a bad deal to me, and I've got nothing to worry about for the next 8yrs other than reg maint and the MGM weapons of vehicle destruction (Moron-Guided Missiles) on the road.
Regards
I am interested in leasing a comparable 2006 Odyssey (EX-L with RES) for the next 36 months @ 15k miles/year. Would it be unreasonable to think that I can get a similar deal from a Honda dealer?
Thanks for your input.
See ya around the expressways!!
PS- They extended the pricing to me over the phone on Saturday and I walked in on Monday and was gone from the dealership in a little over an hour with the van. What a great and wonderful buying experience.
Congrats.
I have a deal on new oddessy EXL + DVD for 29200.
Is it a good deal?
How much more room I have for negotiation?