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I was contemplating purchasing today but my local dealership still has plenty of 2008 models, so I think I will wait until after the 5th to see what incentives they have next.
Sale 26350.00 including 199.00 DOC fee. TTL isn't collected
by dealer in Oklahoma.
Bought last 08 at Fenton Motors in Stillwater.
Was in and out in 5 minutes flat!
This dealer 55 Mi. North of Oklahoma City is highly recommended!!
they still have the car as i didnt buy it from them, it was in GA if you wanted to fly to atl.
if you are not strapped, offer 500 less see if they bite, if not take the deal and be happy.
Good luck to everyone...I will keep you posted if I get another good deal.
Picked it up on Dec.30 afer a 4hr scenic drive through NJ, PA and NY. Drive-away price of $31,870, before TTL (out of state). No one else came close. Fox were very courteous, got me out in as fast as possible.
(on the flip side, I would NOT recommend to deal w/ Route 22 Honda in Newark, those guys jerked me around for while not being interested one bit in negotiating)
1. The dealership you would recommend
2. OTD price you paid for the 2009 EX-L with res and nav in the San Jose area
Thank you,
price 25,950 + 275 dealer and tags + 7% taxes. We are happy, she got the color she wanted (black with ivory leather) and i got a good deal thanks to this forum. Before i found this forum i almost paid 29k for the same model. We had to drive about 200 miles to pick it up but saved 3k. I spent about a week researching and doing look ups. What i did was goto cars.com and did an advanced search for the model year and make with the color she wanted. Printed that out and started making calls. I told each sales guy what my best offer was so far and asked if they could match or beat it and that i was buying in the next 3-4 days and didnt care if i had to drive to pick it up. I called about 12 dealers and each time the price kept getting better, though some just said, thats a hell of deal you should go with the other guy. Took some time but in the end i feel i did my due diligence and saved 3k for spending a day on the phone.
good luck , i wonder what the deals will be after the 2nd or the 5th, i was told most of the prices i was quoted only good until the 2nd.
If you have seen any lower price please share it.
Thanks
However, I used the Edmund's "Inventory" search for '08 Odyssey, and it showed a lot more cars within specified search radius; the data is not entirely up to the minute, though. After that it was a matter of calling each dealer where "Touring" popped up.
When you say OTD (out of the door), what does it include on it?
I would think that the salesman I cancelled the policy from would have been quick to poit out it was a sham to try to keep the sale. He simply said he couldn't meet the price. I got the same documents from Honda in the mail that my original dealership gave me before I cancelled the first warranty purchase. Seems legit to me. You could always check them out with the BBB as well. I didn't, but if your concerned you could research them a bit more. seems worth it for the money you save. Hope this helps.
I think Boston is one of the better areas to be buying the 2008 Odyssey in. I kept reading about the "Donkey Punch" method and just googled it to find that it's basically what we did as well. we ended up with a Black w/ tan 2008 Odyssey EX-L for $25000 including destination. In addition to the standard EX-L package, they also included that all weather floor mats and the cargo tray liner in the price. We purchased through herb chambers which had a great internet sales division. I purchased the warranty through them initially but cancelled it and bought the same one online from another Honda Dealership (Sarcucci Honda of RI I think) for $400 less. ($1100 for the 8 year 100k mile plan)
I had no trade in or lease which kept things simple. I know it must be harder for you dealing with the secondary negotiation of the lease. I'm wondering if its not worthwhile saying you don't want to end the lease early, negotiate your best deal, and then say you changed your mind and see what you can negotiate on that seperately. Good luck. The prices people seem to be paying in Boston seem to significantly lower overall. I half jokingly said in a prior post that it might make sense for people to make a vacation out of it and drive the new car home from Boston. Good luck in your negotiations.
My question is the incentive change on the 5th (tomorrow), there is ample stock of 2008 EX-L, wondering if best to wait until after the 5th to buy or pull the trigger today,
Any advice?
Seen a lot of posts on the 2008 model but I'm interested in the 2009.
2009 EX-L RES and NAV (Bali Blue) with remote engine starter (aftermarket) - $32,750
plus 100 processing, 675 freight, tax (6%), title. I jumped on it too quickly-should have got some internet quotes first. No looking back now.
We could have purchased it for about $400 less but we opted for the closer dealer who also happened to be a better overall sales experience. Took the 1.9% financing from Honda.
Since found out that Honda has offered a $1250 consumer incentive that was only available for this weekend (Jan 3-5). Likely an offer of incentive from the single dealer who emailed this to me but worth knowing if you're still in the market. Wish I had waited but had no expectation Honda would come through with an additional incentive so took the best deal available.
From Yahoo news:
http://news.yahoo.com/s/ap/20090105/ap_on_bi_ge/auto_sales
"DETROIT – Toyota and Honda's U.S. sales fell more than their U.S. competitors' in December, with Toyota's 37 percent decline and Honda's 35 percent drop showing the Japanese company's popular fuel-efficient models were little help as consumers steered clear of showrooms due to the dismal economy."
And later in the article:
"Honda sold 86,085 vehicles last month, down from 131,792 a year earlier but up from 76,233 in November. The month-over-month improvement was a trend seen by most automakers."
tks
I ask b/c we struck a deal on January 3rd,(last Saturday) and the dealer said there were no purchase incentives, other than 1.9% financing for 36 months and 3.9% for 60.
We left a deposit, and submitted our financing application, but haven't taken delivery yet, so I'm hoping we will 'qualify' for any incentives should Honda now have one in effect.
Please help!
Thanks all
I'm in St Louis MO. 09 Ody EXL with RES (rear entertainment system - the DVD player) but no nav.
MSRP - $35,325 (note as of Jan 1 has gone to $35,425)
Agreed upon selling price: $31,119 (dealer invoice minus $1250 incentive plus $309 in profit - includes dealer's doc fee of $159).
Wrote it into a lease using these details:
36 months, 15K per year miles
Residual value 48% (note EXL without RES would be 49%)
Money factor - .00101 (note this is really good, roughly equivalent to 2.4%)
Waived security deposit per letter from AHFC (Amer Hon. Fin. Corp) as a returning lessee. That letter also preapproved credit well above what was needed for this van.
Capitalized the AHFC acquisition fee ($595) - otherwise known as baking it into the lease payments so no money down.
Roughly $42 in title fees, etc.
My local tax rate is 7.575%
All this cooks out to a monthly payment of ~$495. Wrote a check for the first month only and was home by 9:30, so three hours completely start to finish with essentially no stress at all.
A couple notes on the above: The price is about $100-$150 higher than I had in mind but being comfortable in general with my numbers, I was fine with it. A buck fifty spread over 36 lease payments isn't worth grinding over. As to the $1250 incentive, it (note to Superboat21 - this might help you since you did paperwork on Sat 1/3 - you should ask to see if they'll apply the incentive money - negotiate as you see fit) was a surprise pop-up incentive just for the weekend that someone posted about above - thank you very much, abreillatt. It expired yesterday but I wouldn't be surprised to see some support on the 09 Ody come out in today's program - but who knows...).
Anyway, hope this helps,
Squirrel
Haven't spoke to my dealer yet, but they are suppose to have the car today, picking it up tonight.
I might pull my trade out of the deal, as im having second thoughts on giving up that car. It's only valued at $5k.
If I do so, do you think that will get me any further leverage in the selling price? I'm sure the car will go straight to the auctions, as it's a 2002 with 75K miles, so it's not like they will be putting it on their lot...
Thanks everyone!
Vehicle negotiated price was 29,900
Lease basically is $1242 which is basically the acquisition fee, first month, tag.
36 month lease with 12K miles for $441+ tax. We also got the Money factor - .00101.
Hope this helps someone.
So Honda has decided to see what the demand level is out in the market for January and when they realize that it is horrible, then hopefully they will increase their cash rebate program to a more meaningful amount. My guess / hope is that with the economy only getting worse, demand for large vehicles continuing to fall, with Honda's sales falling significantly, with the US Big 3 Bailout allowing for sweet deals on their vehicles and Christmas credit card bills coming due that they will see how bad January sales are and then update the program in February. I plan to hold off for a few weeks and wait them out. Any other info out there?
Now is already 2009, Honda has no time to play with 08 model while they still have many months to hope for better sale of 09 model thus less incentive.
destination 675.00
Doc fees 49.00
No additional accessories, just standard items included in a touring.
Thanks for your help!!!
I see some emailing me a quote of 30500. But I am not sure at this time whether it includes the destination charge.
One more observation is that most have stopped responding since this week:-)