2013 and earlier Honda Odyssey Prices Paid and Buying Experience

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Comments

  • desi2desi2 Member Posts: 15
    which PA dealer was this?
    Thanks.
  • ambroambro Member Posts: 7
    I live in the Cleveland, Ohio, Akron area and have been pricing the EX-L without RES and NAV. Most base pricing is coming in around $26,500 - $26,600. My tax, license and doc fees are always the same. How does this base price look? Also, should I never pay destination charge, its $635?

    Thanks, Ambro
  • esteezeesteeze Member Posts: 102
    That pricing sounds about right.

    I don't think that you can get around the destination charge... I think it's a standard charge (we even get charged it here in Hoover, Alabama, when we're about an hour drive from the manufacturing facility where they make Odysseys).
  • frankr3frankr3 Member Posts: 9
    i was quoted $3,000 below invocie all day long on an '07 EXL with Nav and RES in California; this was over the phone. Make sure you speak to the internet or fleet manager. I finally bought one for $29,400 ($3,100 below invoice). I got them to throw in wheel locks and mud guards too. 5.99% financing from Honda. Given my excellent credit, in hindsight, I might have been able to do better on the rate - may be 5.44% as some of posted.

    For the person that was quoted one price for all cash versus another (higher) price for financing....don't fall for that crap. The price you pay for the car should not depend on whether you pay cash or finance. In fact, the dealer makes more money when you finance, as they get kick backs and such from the finance company.
  • workindevworkindev Member Posts: 12
    Am getting my quotes in from dealerships around the area for a 2007 EXL with DVD and NAV. The cheapest is $29600 + TTL for an OTD price of about $31700. I have 2 other dealerships that told me they can get close to that and will be providing a quote on Friday.

    Nobody seems to be willing to go lower than this. It might be due to the limited stock - there aren't many 2007's around here, so they are counting on them being gone soon.

    Has anybody, preferably in Texas, seen anything better than this, or is this going to be as good as it gets?
  • ultfamcarultfamcar Member Posts: 18
    Base price including Dest: $35,690
    Tax: $2,948.96
    License: $308.75
    Documentation: $55

    Total OTD: $39,002.71

    Can I do better in the SF Bay Area?

    Thanks,
    Charles
  • donkeypunch1donkeypunch1 Member Posts: 119
    Destination is customary charge. However, for that price destination should be included. Qualify with them in advance whether or not destination is included and get it in writing.
  • donkeypunch1donkeypunch1 Member Posts: 119
    Just wait until the last few days of the month and you can't go wrong.
  • kimosealkimoseal Member Posts: 3
    FYI, I just bought a new '07 EX-L (no RES, no Nav, no other extras) in the Los Angeles area for $25,935, including the destination charge. No financing, no trade in. They charged me $55 doc fee, tax, and license after that.
  • junior66junior66 Member Posts: 1
    Hi, just started looking at new autos. Honda dealer in Montgomery, AL priced out an '07 EXL w/Res & Nav at $31,756 + TTL for an OTD price of $33,209. Seems a bit high to me. The dealership is offering $4,500 off (I assume this includes the current $2,500 incentive to the dealer and he is adding on another $2,000).

    Started pricing at sticker of $35,530 added about $800 in dealer added accessories (mud flaps, stripe, fabric/paint protectant)...Got to $36,256 then took $4,500 off to get to the $31,756.

    Should I come back with a figure that starts at the Invoice ($32,227) or TMV ($30,416) price and take the offered $4,500 off and they add TTL? This would get me an OTD of around $28,000.

    Thanks for any help/suggestions.
  • esteezeesteeze Member Posts: 102
    junior66,

    You can do better than that... try Precision Honda in Jasper and Sunny King Honda in Oxford (near Anniston); both of those places quoted me under $30,000 for that same vehicle a couple of weeks ago. The tax rate in Oxford is 2.5%, so you save on taxes there also.

    I've been impressed with the responses to my emails from both of these places. I'll probably buy an 07 EX from one of the two in the next week or so.
  • siggie1siggie1 Member Posts: 56
    The dealer cost for the 2007 EX-L RES/NAV is at most:
    $32,187 invoice
    - $2,500 incentive
    - $1220 holdback

    = $28,467.

    You'll have to figure out how much all that other stuff is worth to you.
  • 740driver740driver Member Posts: 4
    I'm in Richmond, VA also and just started looking for 07 EX-L without nav/res. Please let me know what dealer you buy from. For some reason I've always had the feeling that you can't get the best price from a Honda dealer in Richmond. Hopefully I'm wrong as they still have decent stock of 07's.
  • esteezeesteeze Member Posts: 102
    The dealer cost for the 2007 EX-L RES/NAV is at most:
    $32,187 invoice
    - $2,500 incentive
    - $1220 holdback

    = $28,467.

    hey siggie1,

    Do you know what the similar breakdown would be for an 07 EX ?

    I'm looking at one of those to purchase soon.

    Thanks.
  • winston03winston03 Member Posts: 20
    I just purchased a 2007 Odyssey EXL with RES.

    My price was 26,750 which included destination but not a 499 doc fee and TT&L. Basically 27,250 before TT&L. I think I did okay?? My brother-in-law is in the market for the exact same vehicle. He doesn't have the time to do the research so I thought I would give him a hand. Before I tell him that my price would be a good benchmark of what not to go over, I wanted to hear from some of you pros. Thank you in advance for any replies.
  • jaytaylor1974jaytaylor1974 Member Posts: 7
    Wanna thank you for your advice. I was the guy who almost paid 34500 for the 07 ex l in orlando. I took your advice and got 5 good quotes and took them to a local dealer and drove away in an 07 ex l for 27k OTD.
  • esteezeesteeze Member Posts: 102
    Wanna thank you for your advice. I was the guy who almost paid 34500 for the 07 ex l in orlando. I took your advice and got 5 good quotes and took them to a local dealer and drove away in an 07 ex l for 27k OTD.

    As good a success story in this forum as I've ever read.
  • pauladrnpauladrn Member Posts: 3
    Picking up new van tomorrow!
    We bought our new 2007 Slate Green with Gray interior Res & Nav last evening, thanks to everyone for your help and advice!
    Here's the breakdown:
    Base includes destination: $29,187
    Trade in $6500 ( 01 T&C LTD AWD) Not too happy about that, but didn't want to be hassled selling it privately, some things need fixing, didn't want to put any $ into it...
    Tax 6 % $1374.96
    DMV $100
    Tax Credit $390.xx
    Dealer Proc Fee $229 (I know... I know!)
    Total OTD 30,890.96
    Ended up with 5.24 % financing through American Honda.
    I think we did pretty well.
    Picking up van tomorrow afternoon...
    Thanks again!
  • korientkorient Member Posts: 10
    I finally bought my EXL without Nav/DVD for $26800, 25000 base price, $300 Doc fee, License and Title. $1500 Tax. The dealer had about $1000 addons on it on the window ticket.

    The sales manager end up talking to the General manager to approve the deal. I think the price is really hard to beat. Finaced $18000 with Penfed @ 5.29%/60m. without any problem, got approved instantly.

    Now, I just need to DIY install a backup camera and Bluetooth.

    Thanks everyone in this forum,and good luck hunting the Odyssey.
  • jopa2jopa2 Member Posts: 6
    Just picked up a silver metallic 2007 EX-L with navigation and rear entertainment system for just under $29K. With all taxes, and doc fees, the OTD price was $31,200. Thats more than $6500 off of list. The whole thing took about 1 hour.

    No trade involved, no financing involved. It was a clean deal so its a good benchmark.
  • donkeypunch1donkeypunch1 Member Posts: 119
    All, I apologize for a mis-post on #17,612. The price I'd noted was EXL NO RES, and it noted W/RES. My bad, sorry for the mis-info. Tried to edit, but no can do.
  • esteezeesteeze Member Posts: 102
    Good information... thanks for sharing.
  • workindevworkindev Member Posts: 12
    HA! That is the same price I was quoted on a silver 2007 EX-L with nav and DVD, but the dealer wrote me back last night and said it had just sold. You didn't happen to buy that in Round Rock, TX, did you?
  • siggie1siggie1 Member Posts: 56
    The MSRP of the 2007 EX-L R&N (without destination) is $34,895 and the holdback is $1220, so the holdback is 3.5%. I have no way of knowing if the holdback on an EX is the same percentage as it is on an EX-L R&N. If you assume it is, then with the MSRP for the EX at $28,695 (without destinaton) holdback at the same percentage would be $1004. The invoice for the EX (including destination) is $25,990
  • saintsfan834saintsfan834 Member Posts: 3
    I rec'd an offer of $29,785 for an 07 w/ RES and NAV. However, how many miles do the "new" 07s have on them when you purchase? This one has over 300 miles. Is that uncommon?
  • cccompsoncccompson Member Posts: 2,382
    While there is some disagreement over the exact fugure, I've never heard anybody else contend that Honda's holdback is 3.5%.

    My long-time salesman says it went to 2% in January '07. Others here contend it's still 3%.

    Sure wish somebody (Isell?) would provide a definitve and authoritative answer.
  • cccompsoncccompson Member Posts: 2,382
    Mileage varies from the single digits ("just off the truck miles") to several hundred (usually due to a dealer trade). The window sticker will show to what store it was originally shipped.

    I would not be concerned in the slightest if it's a dealer trade. Such transactions happen all the time. However, if not traded, it's likely been a demo and I, for one, wouldn't want anything to do with it. Well, that's a bit harsh - it might be better to say that they couldn't discount it enough to interest me.
  • zunezune Member Posts: 2
    I have not posted before, but have been following the forums for some time. Because of the information you provided, I brought home a new Slate Green on Gray EX, no leather, for 23798.63 +TTL (7% sales tax in my county) = 25486.54 OTD.

    After seeing some of the awesome, below-invoice deals, on the EX-L that some have posted, I thought I would drop some inquiries on my local Honda dealer sites offering 23,300 + TTL on an EX (no leather) to see who would bite.

    I received and email (not a phone call, in accordance to my online request) from a nice british salesman R. W. ( http://edvoyleshonda.com/Department-Internet.aspx for his full name) of Ed Voyle Honda in Marietta, GA within a few hours saying that the 23,324 including destination but not doc fees was doable. I called him in the afternoon to confirm he had an EX with gray interior in a light color and he confirmed he would hold the keys to the last slate green '07 till I got there. I asked him the doc fees and he quoated a reasonable $498. I say reasonable because the total cost before TTL was 23,822, which is $303 below invoice and including the $2500 factory-to-dealer incentive. He calculated my OTD price right over the phone.

    We arrived and did the requisite drive with my wife. My wait for finance was 15-20 minutes. I spent all of 15 minutes with Nestor the finance manager who took OFF another $24 because I did not need to pay an emissions charge and the Ody was ready to go with a full tank of gas within 2 hours of the time I first arrived at the dealership. I could have been done sooner, but left to visit a nearby CarMax to get an estimate on selling my Camry outright (left because the wait was too long).

    I imagine I could have bickered for a few more dollars, but I have no problem with a great dealer keeping a little of the holdback to stay in business, Richard getting his $100 minimum deal, a few dollars for the finance and prep guys.

    They still have plenty of '07 EX-Ls and Tourings. If you go, tell RW that Inzune referred you and he promised me $100 referral fee! (They sure make that $498 doc go a long way!)

    Thanks again to everybody for sharing. Email me if I can answer any questions because I do not check the forum often.
  • kyfdxkyfdx Moderator Posts: 268,048
    I can't give a definitive answer, but everything I've heard, agrees with your salesperson.. Holdback is now 2%...

    Edmunds Price Checker
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  • siggie1siggie1 Member Posts: 56
    When I was shopping for our Odyssey I was undecided between an 07 EX-L R&N and an 08 Touring. On Nov 14 when the incentive to the dealer was $2000 (not $2500) as it is now, I received a lease quote via email on an 07 EX-L R&N with the following figures:

    MSRP: $35490
    Vehicle Cost: $32187
    Markup: -$3220
    Total Selling Price: $28,967
    Fees & Insurance: $599.95 (this is added to the "Total Selling Price" - my interpretation is that this is a dealer fee)

    Take away the $2000 incentive and the markup is $1220. The markup as a percentage taken of the MSRP before destination (because the destination is a fixed cost/charge) is 1220/34895 = 0.03496. In other words, 3.5%. The salesman claimed that $1220 is the amount his management gave him to "play with." Whether that ate into the dealer fee, and the markup (holdback) is less than the $1220, I don't know.

    On Nov 17 I leased an 08 Touring with similar (relative) pricing. The "markup" for the 08 Touring was $1166.40.
  • markwarren66markwarren66 Member Posts: 32
    Hi All,

    I just purchased a 2007 EXL-RES in Chicago. I received quotes from several area dealers, with the lowest offer coming in at $26,630 including destination. They had the color my wife wanted, so I went in to deal. I went to Carmax on the way and got my trade appraised at $11,500, which I thought was low. The dealer offered me $500 less than CarMax on my trade. I was disappointed with the offer, although with sales tax considerations the dealer offer was a couple hundred ahead. I pushed back and was able to get all-weather floor mats, splash guards and wheel locks thrown in. Not a great concession, but it got the deal done.

    The only other fees were tax, title and license. I was skeptical about this dealer because he was 300-400 below everyone else, and no one would match his cost. I thought I'd get there and they would have "just sold it" or something like that, but it went pretty smooth.

    If anyone is interested, they still have a couple more in stock. E-mail me if you want details: space_wrangler at comcast dot net.

    This forum was extremely helpful. Special thanks to donkeypunch for his various posts on how to solicit quotes. I actually went in looking for $25,400 as my base cost, due to the post he later corrected (stating that price was actually for exl w/o res) so I probably upset some dealers by being unrealistic. Oh well, it wasn't the first and won't be the last time.
  • ambroambro Member Posts: 7
    Finally bought a new Odyssey EX-L in the Akron, Ohio area without RES/NAV. The base price was $25,782, plus tax, 250 doc, 25.50 lic. How did I do? Did not do so well with my trade in, but do not want to sell it myself or go elsewhere. Does anybody get blue book value for there trade in at a dealership???

    Ambro, from Cleveland
  • cccompsoncccompson Member Posts: 2,382
    Park or Pruitt? What were the particulars on the trade?
  • ambroambro Member Posts: 7
    Got it at Park. New 2007 EX-L Ocean Mist base was $25986, doc 250, lic 25.50, 7.75% Cuyahoga tax was 1560.54. They added 204 for splash guards and moonroof visor extras. Said they would locate other colors if I wanted for free. This one was in the showroom. Had 12 miles on it. Only hangup was trade in. Chevy T'blazer was $7200 blue book and I gave in to $6100. Kept me there 1.5 hours dickering over trade. My next move would have to walk out the door, but I took it. Other than that they were very professional and courteous. First Odyssey van, use to own Grand Caravan and this thing rides great.

    Does anybody ever get blue book on their trade???

    Ambro
  • airbumairbum Member Posts: 12
    What does RES mean for the Odyessy?
  • rmbalisarmbalisa Member Posts: 129
    R ear
    E ntertainment
    S ystem
  • esteezeesteeze Member Posts: 102
    I think everyone probably gets jerked around on their trade values at dealerships. The dealership either uses the traded vehicle as a profit opportunity if they have their own used car lot, or they sell it to another dealership or at an auction (which would be at wholesale prices).

    The only way to come out in decent shape is to sell the vehicle yourself; then, you retain the "profit" that some other dealership would otherwise make. I don't know why more people don't do that... it's not that hard.
  • jopa2jopa2 Member Posts: 6
    My purchase price was $28,978 + tax + $250 doc fee. The mileage was 14 miles so it was not a demo. No trade. No financing so no hidden profit for the dealer.

    At this price the dealer was still making about $1000.00. The person who wrote up the deal shared this with me.

    There must be some additional money in there besides the holdback.

    MSRP = $35530 (includes destination)
    Invoice = $32,227
    Less factory cash of $2,500 = $29,727
    My price = $28,978
    Difference between my price and all incentives applied = $749

    If holdback is 2% (or $710), the dealer would more or less break even, which is unlikely. As stated above there was still another grand in there.
  • next2000next2000 Member Posts: 16
    Hi,

    Purchased a 2007 EX-L RES and NAV + Options(Fog lights, tray, mats, 3rd row sunshade + Protective interior and exterior coating)

    OTD = $33K in Northwest suburbs of Chicago. Mud guards were thrown in for free.
    Got better financing than my credit union. Allowed to put more money down on credit card so I get cash back on it.

    Was this a good deal?
    Thanks
  • jopa2jopa2 Member Posts: 6
    I paid $31,300 OTD no options, same vehicle
  • next2000next2000 Member Posts: 16
    Similar deal then. My options were totaling about $1700 at cost price which is what I paid. List price of options was about $3000.
  • abburiabburi Member Posts: 4
    Hi,

    I would like know the dealer from where you got this best price. I am basically looking at the same vehicle.
  • abburiabburi Member Posts: 4
    Hi

    I am planning to by a new 2007 Honda Oyssey EXL with RES and NAV or 2007 Honda Oyssey EXL with RES . I still did not decide with in the 2 models. Please help me which dealer is giving the best price in chicago on 2 models if you bought any of the 2. I went with couple of dealers but they gave me like 30,800 with taxes and document fees for RES and NAV. and 29,700 with taxes on RES
  • sundevilsundevil Member Posts: 28
    I had quotes around 26650 for the EXL-RES from O'Hare Honda and Brian Bemis Honda. Multiple dealers were offering around 29k on the EXL-RES/NAV (Honda of Joliet, Rosen Honda & Brian Bemis Honda). The prices for both trims included destination charge and only extras were tax, title and license. This was end of November so situation could have changed now depending on inventory etc.
  • cccompsoncccompson Member Posts: 2,382
    If the difference is only $1100, grab the R&N - that's a bargain for the navigation system and back-up camera.
  • cillakatcillakat Member Posts: 53
    "Does anybody get blue book value for there trade in at a dealership??? "

    heck no! the real world trade in board is very helpful. pretty much all of the tools/books etc overvalue trades from the perspective of the person holding the potential trade.

    K
  • workindevworkindev Member Posts: 12
    Hmmm. Thats $4k cheaper than the 2007 EX-L RES/NAV quotes than I have been getting. For that price diff, I could put in a good aftermarket DVD/Hard Drive navigation unit with rear camera, 10" rear screen, bluetooth, Mp3, and iPod connections and still have some left over. Seems like that would be more bang for the buck.

    Anybody else done this?
  • siggie1siggie1 Member Posts: 56
    Before getting our Odyssey I looked at doing what you are suggesting for the Odyssey, the Toyota Sienna and the Hyundai Entourage. Of those, the install shop told me they could only put the unit into the Entourage because the Odyssey and Sienna don't have a standard double DIN slot in the dash for the radio/entertainment system.
  • workindevworkindev Member Posts: 12
    It looks like you can get dash kits to convert the Odyssey to a standard double DIN:

    http://www.ambientweather.com/dbhonk835.html
  • piyush51piyush51 Member Posts: 5
    Hi Korient,

    where/which dealer you bought this from? So far best deal as far as I know on this forum.

    - PP
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