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1) I plan on keeping the car for a long time. Based on peoples previous odyssey experience is the warranty worth getting. Will I incur $1200 worth of repairs in four years (7 year extended - 3 yr factory).
2) Is there an "official" Honda extended warranty? Can it be used anywhere or just dealers?
3) Anyone with experience on other aftermarket warranties.
I pick up my Silver 2005 EX-L this week.
Thanks for the help.
1) I plan on keeping the car for a long time. Based on peoples previous odyssey experience is the warranty worth getting. Will I incur $1200 worth of repairs in four years (7 year extended - 3 yr factory)."
NO. You should not pay more than $1,075 for HondaCare 7yr/100,000 miles. If you drive no more than 10,000 miles a year, consider 7 yr/75,000 miles for $775.
There are at least two dealers that can sell you the HondaCare at the above price, if your dealer refuses. You DO NOT need to buy the warranty from your dealer and/or at the time of the van purchase. One dealer that has this price is Pohanka Honda in Salisbury, Maryland. You can just contact the finance manager there.
"2) Is there an "official" Honda extended warranty? Can it be used anywhere or just dealers?"
That's the "HondaCare". You have to use dealerships unless the nearest one is too far from you; you'd have to get prior authorization from the warranty administrator.
"3) Anyone with experience on other aftermarket warranties."
Stay away from them like from plague! Plus, you're not going to save any money over the prices I listed above!
If you haven't been touching the button, then there's something wrong with the system and you need to take it to the dealer.
"2004/2005 HONDA YEAR END SPECIAL AHFC APR Terms
Special HFS (Honda Financial Services) A.P.R. financing available on ALL new 2004/2005 Honda models (Includes Civic Natural Gas Models and Hybrid models). 2.9% Super Preferred APR financing for 24 to 60 months. Not all buyers will qualify. Example for 2005 Accord: 24 months financing at 2.9% for $42.94 a month for every $1,000.00 financed. Dealers set actual vehicle sales prices. See participating dealers for details. "
http://www.hondafinancialservices.com/planning/frm_spec_offers.as- - p
Am I reading this wrong or does this not say ALL Honda's thereby including Odyssey ?????
Please help - I have been preapproved thru HFS and am planning on making my purchase in the next few days.
Question: Many (including myself) have recently reported buying Odysseys and Pilots at or under invoice. This has apparently been the result of dealers trying to meet monthly or yearly sales goals to qualify for a bonus (supposedly $500 per unit) from Honda for the period ending tomorrow, 1/3.
Is this correct? Can you provide any further particulars?
No the $1075 question - are they worth it. I'm hoping the car is high quality or I wouldn't have bought it. Will I need the warranty or am I better putting the money in the bank?
Thanks
Thanks.
Thanks.
Sounds like an end-of-year promotion special.. does this offer expire today? Unless you know of a lot of other EX-L's with NAV available in the area, you may want to jump on it (before someone else does and you're stuck waiting for the next allocation).
mr_t
What is a buying service? Ignorant question I am sure, but I am new to this. Also, I want the Honda financing of 2.9 that ends 1/5.
$1,075 is a very low price for the complete peace of mind for the first 7 years 100,000 miles. This is the FIRST time ever that I've bought an extended warranty, but I feel it's worth it on this vehicle, especially if you get a NAV/RES version. There's just too much new technology and power stuff that something is bound to go wrong.
Plus I feel that Honda/Acura cars are not what they used to be a decade ago. I've owned 6 Honda Accords and Acura TLs over the last 10 years and I've seen a clear decline in quality. Not dramatic, but noticeable.
Still, I didn't buy an extended warranty on my 2004 Acura TL, but I did on our 2005 Odyssey. One reason is that it really is quite cheap on the Ody.
$24500($1000.00 under invoice) for EX cloth is insane. Good for you!!!
The one I bought was a dealer swap. It had 263 miles on it. I called all over and got lucky when I contacted Dover Auto World. The internet salesperson told me that price was for that particular van only. I was a little skeptical, because it was the only place that I called that quoted me invoice price. I put a deposit on it with the stipulation that I could back out upon inspection of the van. Everything was fine, so I'm still not sure why I got such a good deal. It was the end of the month and the vehicle build date was October so I'm not sure how long it sat on their lot. When I picked up the van, the saleswoman told me that after she had sold it to me, they have quite a few inquires about it.
The second best price I got for this van was $31564 from Autofair. I did a check recently and they have gone up a little on that model. I think their current price was 31889.00. You might be able to use their prices for leverage against some of your local dealers. I did have a couple of dealers in CT quote better prices to me after they went to the Autofair website. The pricing is available right on line. Good Luck. It is a great van.
I was beating the bushes and got lucky...
Max
Well, I picked up the new Pilot tonight with half a notion to also buy an Odyssey. Unfortunately, they had already hit their sales goal for the month. Not that it mattered, their Odyssey inventory was down to, I believe, only two EX cloth units. They had sold both of the Touring models I had my eye on.
Do you think Hugh White took a loss on the sale? What was their motivation to sell at such a price? I am still happy for you that you could get such a good deal. Enjoy the vehicle!!
Wow!!!
I benefited in 2000 from a posting similar to yours in this forum from inky, and bought my Ody for $316 over invoice from Mark Roberts Honda at Bartlesville, OK.
May be your purchase price is a sign of things to come. I won't be surprised if another Honda dealer elsewhere in the country decides to offer similar prices.
Isn't the Ody selling like hot cakes anymore? Or has the competition caught up?
I do have a couple offers to sell at 33,600 + ttl and doc but will have to wait for color I want 3 weeks. Does this sound like a good deal or should I wait a couple months to see if the ODY EXL res/nav frenzy and well above invoice atmosphere calms down ?
I can afford to wait. Also anyone have any insight into future incentives by Honda ?
Price including dest. $29,600
Sales tax 8.25% 2,422
Dealer process fee 45
Registration 87
Inspection 10
NYS Tire Tax 12
Total out the door $32,196
I am supposed to close the deal tomorrow however two issues have come up. 1st the extended warranty the dealer will not budge from the following offers:
7/100 $1,595
6/100 1,485
5/100 1,325
I have attempted to follow price quotes in this forum on extended warranty but they appear to range in price based on DVD/nav vs. vehicles without. I am most interested in the 7/100 but also considering 6/100.
Issue two:
Interest rate 3.9%. This will probably be a deal killer. Apparently, I do not qualify for the 2.9% APR for some reason not readily apparent (Have outstanding FICO). Supposed to speak with Honda Finance tomorrow to determine the issue.
I was attempting to negotiate an extended warranty of $1,075 but its not apparent to me if this is possible or reasonable so I ask for any help possible. The interest rate will either be fixed and we have a deal or it will not and the deal is dead. The extended warranty price I have not decided yet.
Overall the deal currently offered is $1,247.20 (or $20.79 per month 60 months) higher than I intended.
Comments on any of this would be appreciated.
'05 Touring (no NAV) w/ a few dealer added things (pinstripes, cargo tray, wheel locks, 3rd row sunshades, splash guards) for $33821 + 79 doc fee. I also got the 2.9% 60 month zero down financing. It may not be the best deal, but it seemed fair.
good luck with your Touring! I just picked mine up today and it rocks!
Have fun with it!
Has the market for the Touring w/ NAV/RES softened since my order was placed in November? If so, do I have any bargaining power?
I got it under the MSRP although it was not a great deal. If I were the one driving it, I would have waited a year before buying it. But, when your wife says .... well.
Who else will loan you the money for less than 3.9%? If it's the best you can do, it's the best you can do. It's not likely interest rates will go down this year.
Until when can one take advantage of the original price? up to 24,000 mi.?
Is the warranty transferable?
Anyone have experience with buying new car out of state, sight unseen, and having it shipped? Anything I should be concerned about vis-a-vis the shipper or the dealer? I am responsible for arranging the shipping, but the dealer has given me the name of a shipper. (I was told by another dealer that shipping should be around $300.) Movecars.com has a list of tips.
Thanks.
Just wondering if anyone knows offhand if these are reasonable prices:
cassette player - $360
fog lights $435
subwoofer -- $401
Day night mirror - $320
will obtain non-installed accessories from Internet source; recommendations welcome.
kirstie_h
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The Business Manager told me that the 2.9% financing was based on purchasing the extended warranty and that if I did not want the extended warranty then the finance charge would go up. She even did some math for us that illustrated that it was a "better deal" to get the warranty and the 2.9% financing.
I confronted her on this and said I thought that it was illegal to offer it that way. She assured me that it was not. So we got the warranty.
After I have thought about this some more I really think that it is.
Do you have any feedback on this? Thanks
Mike
http://www.state.sc.us/consumer/
Good Luck.
Until when can one take advantage of the original price? up to 24,000 mi.?
Is the warranty transferable?"
Good questions. I am talking to a dealer in another state about a 7/75K for $745. She asked me first if my new Ody had more than 24,000 on it, so that does seem to be a magic number. I tried an online dealer who let you input variables to see the price of HondaCare and when my van went from 20 miles to 300 miles the price of the HondaCare went up about $80! So I, too, wonder how much a warranty will cost at the almost 3-year mark. And I though HC was transferrable at least once.
Thanks.
The online Honda place was, if I remember correctly, Curry Honda somewhere back east. But though I used their Web site to check prices, no one there ever called me back when I left a message.
The dealer I bought the Ody from in Colorado did not carry HondaCare. They had a third-party warranty which, I assume, gave them a higher prodit margin. I turned it down.
kirstie_h
Roving Host
Host, Smart Shopper & Future Vehicles discussions
MODERATOR /ADMINISTRATOR
Find me at kirstie_h@edmunds.com - or send a private message by clicking on my name.
2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
Review your vehicle
PRICE was TRUE. I have a 1999 Odyssy EX and wanted to
trade - and they low balled me with a rediculous price and I decided not to trade and buy a new one. I will sell it myself and then get a new one. The
Odysseys are not flying off the lots and 3 dealers
I checked had more than 8 EX's on their lot - so I expect below invoice prices in the future. They were willing to sell me an EX for the above price even without a trade.
Q: WHat is a good way to sell a used 1999 Odyssey
EX with only 66K miles ??