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Comments
Make: 2008 Honda Odyssey EX-L with Honda DVD Rear Entertainment System
MSRP: $33,290
Our Price: $27,569
State Dealer Fee: $250.00
State Title Fee: $25.50 (if you write a check for vehicle, it’s only $15.50)
Sales Tax: $1,808.24
My best quote so far is for $26,200 sale price on a 2007 EX-L w RES. I like the idea of a backup camera and ipod adaptor on the 08 model.
What do you guys think?
I like the idea of a ipod and backup camera.
Having had the second kid over the weekend, it is time to switch from my beloved 2005 Accord LX to a Ody soon. We live in Chicago. Has anyone had any experiences and some quotes / purchases for either an LX or EX recently? How do you think the prices and availability will be near X-Mas?
Thank you.
I'll take the factory options over the aftermarket any day, even if it costs more. In today's pricing environment, it isn't much more expensive to go with comparable equipment from the factory as opposed to buying aftermarket stuff. I cannot emphasize the convenience of fully integrated factory equipment compared to even the best aftermarket equipment installed. I've made at least 10 trips to a shop to have my Avalon's aftermarket entertainment system working correctly, along with my backup camera and Ipod adaptor. They all work fine now, but after many hours of installation and fixing problems after installation. I paid about $3,000 for top-of-the line aftermarket equipment (dual RES, backup camera integrated into the factory NAV system and hard-wired Ipod adaptor with controls on the factory stereo) for the Avalon, but I would have paid $4,000 for good factory equipment, but it wasn't available at the time. Same for my Corvette. I bought a top-of-the-line portable navigation system, but it continuously falls from the windshield suction cup and I have wires in inconvenient places and I have to worry about someone smashing the window to steal it. Same for the Ipod adaptor in the Corvette. Again, though, when I purchased the Corvette these factory options were not available.
The Odyssey's RES and Nav are, I believe, top-notch equipment. Both work better and more efficiently, and are far more convenient (fully integrated) to use than any of my aftermarket equipment I have used on other cars. Especially the Nav system with the backup camera. It is excellent, cost-effective, and with small kids and blind spots inherit to such a vehicle, an absolute necesssity.
In sum, I highly recommend the factory equipment on the Hondas. It's good stuff. Sure you can save a little money by going to aftermarket equipment, but if you buy comparable quality stuff (everything fully integrated), you probably will not save much money and I can just about promise that you will have functioning problems. If you buy the cheaper stuff, you'll have wires hanging everywhere (nav) and you'll have a heckuva time operating the RES system or have your wife complaining about it continuously. If you just want to save money, you could buy a Dodge or another similar-quality vehicle. We buy Hondas, though, not because they are cheap, but because they are a good value. Same for the RES and NAV. I believe the factory options are a similar good value.
A $35,000 car that includes a $4,000 Navigation/Entertainment option should be have iPod and bluetooth options, and should be able to play MP3's. (Not to mention a trip monitor and MPG monitor, a temperature gauge and clock that people in the back can see, and automatic headlights, but I digress).
My goal would be to put a system in that has these features, and with a $4000 price difference, that should be pretty easy. I would be replacing the entire system - so the only integration issues would be the steering wheel controls, which a $50 adapter is available, so it doesn't seem like it would be a problem.
I can see some big issues with trying to replace or modify individual components, and I wouldn't want to do that for the very reasons you mention.
Without options my OTD = 31,021
With options OTD = 33,000 since you have also to pay tax on options.
Best were Honda of Lisle and Brilliance Honda.
I purchased this from Castle Honda in Morton Grove. Mike A was the salesperson.
They had 1 silver and 1 beige as of Monday night.
Thanks
I'm looking into gettng a 2008 EX-L w/ RES and would like to get a TMV feel for what other folks in the Seattle area are paying. If you recently made a similar purchase on a 2008 Odyysey and are willing to share the price breakdown, dealer info, and/or buying experience, please reply to this thread. Any pricing data is greatly appreciated.
Thanks!
Most dealers are asking for Invoice - incentive which for EXL comes out to be around 26300.
IF you do not have a trade they will go few hundred dollars lower. SO anything around 25800 is a good price.
If you have a trade-in then deal is not transparent as one can easily give you better deal in one pocket to balance out in another.
IF you think that may be a fait value should have been $6600 on your trade then you actually paid 26400 or your purchase.
There is no way to determine purchase price of a car when a trade-in is involved.
What dealership was this?
Thanks!
Am currently pricing this vehicle.
Am planning to buy on 36 months lease with zero down.
Also any idea what is the current Money Factor on this vehicle.
Thanks
appreciated
Never have leased..How do I go about negotiating
Classic Honda Round Rock gave a quote for $31,700 OTD (The are out of stock now)
Benson Honda in San Antonio said they could match any quote, but never gave a quote
Fernandez Honda in San Antonio came in at around $31,700 OTD
Gunn Honda in San Antonio was at $31850 OTD
I had quite a few others in the $32,300, and my highest quote came from Newmeyer Honda in Victora at $33,250, which they wouldn't budge on.
I think the biggest problem is that most dealers in this area have managed their 2007 inventory pretty well, so they only have a couple of them left. With $2500 off they seem to be going quickly.
We have decided on a 2007 EXL from Cleo Bay Honda in Killeen for $28143 OTD. They have agreed to deliver it to us for no charge (approx 80 mile drive). I'll use the $3500 savings to put my own AVIC-Z2 nav system in.
Here are some pics of an installation:
http://www.odyclub.com/forums/showthread.php?s=&threadid=41930
Here is the adapter faceplate:
http://www.aius.net/proddetails.asp?ID=227
In some ways a lease is both easier than a purchase and more complicated. In the end the lease comes down to three factors: the amount you put down as capital reduction (I suggest zero), the amount you pay each month, and the residual value in case you want to purchase the vehicle when the lease matures. No matter what the capital cost is (i.e. the purchase price) or the money factor (i.e. the interest rate divided by 2400), the bottom line is the total monthly payment (in most states sales tax is paid on the lease payment each month, not at inception).
To give you an idea of what I negotiated for our 08 Touring: I put zero down for capital reduction and had the first month's payment due at inception. The out the door amount was $774 (first month's payment plus tags and title). My monthly payment, including sales tax, is $570. Every other dealer in the Miami area gave me a quote in the low to mid-600s for the same vehicle.
Honda is offering reduced lease deals on the 08 Touring through Jan 2. The money factor at the time I leased was 0.00228 compared to Honda's normal money factor of 0.00280. If you are interested in the details of what the dealer is quoting, ask for the Dealer Disclosure Form. It is the printout of the American Honda Finance Corp. lease system. It tells you purchase price, dealer markup, fees, and the money factor. Many dealers will not send you that document. If a dealer won't give you that information, and you want it, I found it helpful to call the head of Internet Sales and ask them for a lease quote on the phone. While they're talking to you and have the AHFC system right in front of them, they seem less hesitant to give you the information on the Dealer Disclosure Form.
If a dealer offers you a really low lease rate you may want to make sure it is an AHFC lease. Some dealers offer leases from other companies. In my opinion, an AHFC lease is preferable because there is no disposition fee, GAP insurance is included, there is $1500 wear-and-tear forgiveness when you turn the vehicle in, and there are no restrictions on moving into another state. On some other companies' leases if you move to another state you have to inform the lease company and they may not allow you to move the vehicle. An AHFC lease is just much more simple and easy to understand.
The cost of the parts:
wheel locks.............$61.25 (plus tax)
all season floor mats.....$161.25 (plus tax)
splash guards....................$78.75 (plus tax)
2008 Honda Odyssey EX........$26,690.00
documentation fee.........................$99.00
6% tax..............................................$1,625.42
title & plate fees.....................................$23.00
Sub-Total..................................................$28,738.67
Less Trade-in for 2001 Odyssey EX w/ 123,000 Miles..............................................................$5200.00
Total....................................................................$23,538- .67
Thanks.
I guess Honda is trying real hard to get rid of the 2007s... those who have held out till now can get a even better deal but would have to act quick as the colors/options will become limited soon.
I bought my '05 Touring R&N with no money down and my payment is $631.99.
If so, jump on it.
I'm in the market for a minivan. Choice is between Ody and Sienna. Today I got an offer of 28900 on a new ODY 07 EXL RES/NAV from the dealer in NYC. He said delivery charge is 599 that he would be ready to split with me if I move by tomorrow. Is this a good deal?