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2013 and earlier-Honda Pilot Prices Paid and Buying Experience

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Comments

  • aspesisteveaspesisteve Member Posts: 833
    I think you make some really good points on what model to go with.

    I'm definitely sold on EX AWD or better on the Pilot. looking for the '06 EX-L AWD w/ RES.

    You mentioned that Silver is the the glut out there, how about the silver blue?
  • mattieb44mattieb44 Member Posts: 1
    Anybody out there with experience buying an '06 Pilot from a dealer between Tampa and Miami? What kind of prices are folks getting.

    Although glv2 makes some good points regarding 2WD-4WD...I just don't see the need in Florida. I'm not towing, mudding, etc.

    Ready to purchase ASAP.

    Thanks.
  • keven5keven5 Member Posts: 1
    I am also in New Jersey and interested in 2006 EX or EXL too. Could you pls let me know the location of your dealer?

    Thanks a lot!

    Kevin
  • reccarecca Member Posts: 3
    I got a quote from a dealer for $27,800 on a 2006 Honda Pilot EX 4WD 5-Spd AT w/ Leather in the Manhattan, New York area. Is this a good price? Anyone in my area getting a better deal than this?
  • jfritschjfritsch Member Posts: 958
    Numerous people have purchased 06 vehicles for 7000-8700 off list, which is good because they depreciate about 10k off list in a year.

    If you scroll thru the messages the last few months (or search for NY) I think some NY people have posted.

    --jjf

    got a quote from a dealer for $27,800 on a 2006 Honda Pilot EX 4WD 5-Spd AT w/ Leather in the Manhattan, New York area. Is this a good price? Anyone in my area getting a better deal than this?
  • btroeschbtroesch Member Posts: 3
    What dealer is quoting you 27.8k in the NYC area. The best price I can get verbally is 29.3k for the EXL + RES + 4wd and that is including the rebate.
  • sherbrooke8sherbrooke8 Member Posts: 11
    We paid about $800 below invoice plus another $3000 lower with the dealer incentive which got us to $3,800 below invoice or about $7,100 below MSRP on window sticker.

    From Edmunds: "Get Dealer Pricing": July 26, 2006:
    "Our current Haggle and Hassle Free Internet Sales Quote for the 2006 Honda Pilot Ex 4dr Suv Awd W/leather (3.5l 6cyl 5a) is $25,888" plus $550 destination.
    (Yes 4WD/sunroof/XM/leather, No RES)

    Paid:
    25888+550 = 26438

    Invoice:
    29730+550 = 30280 (paid 3842 below invoice)

    MSRP:
    33,045+550 = 33,595 (paid 7157 below MSRP)
  • btroeschbtroesch Member Posts: 3
    You got a good deal but people keep mistaking or misquoting the models and options. Invoice on an EX L 4WD leather Sunroof DVD system is 35.5k.

    I am speaking with Madison now and Bayridge in Brooklyn. Madison seems more interested.
  • qbrozenqbrozen Member Posts: 33,733
    poster said NO dvd.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • mattchalmersmattchalmers Member Posts: 159
    that is the sticker price, not invoice.
  • jcabrera4jcabrera4 Member Posts: 34
    In my opinion and at this point in the game, you should consider getting a 2007 and forget about the 2006. As soon as you sign that paper, the car is already 1 year old and has depreciated 10k. Even if you get the car at 3k below invoice, you are still paying more than what its worth. Honda do have a good resell value,but....

    There a few place around the NYC are selling the 2007 at $500 over invoice. Try Open Road, Staten Island, dch and middletown.
  • mattchalmersmattchalmers Member Posts: 159
    This is true, but if you are someone that keeps their cars for the long term, a dollar saved now is a dollar saved. If you are going to be getting rid of the vehicle in 3-5 years, you may want to go with the 2007.

    One should also consider the time value of money. Assuming you can save an additional $2,500 today, it is worth the following:
    After 12 months: $2,628
    After 24 months: $2,762
    After 36 months: $2,904
    After 48 months: $3,052
    After 60 months: $3,208

    So the question is, at the end of each of those periods, is the re-sale of the 2007 model greater than those values? If so, go with the 2007, if not, go with the 2006.

    That may be way too detailed, but that is really the decision you are making right now, whether you realize it or not.
  • sherbrooke8sherbrooke8 Member Posts: 11
    Just my vote for what it is worth.

    It is not the difference in value between a 2006 and a 2007 Honda Pilot as of today that matters most.

    It is the difference in trade-in-value between a 2006 and a 2007 Honda Pilot in the future - say in 5 years - in 2011 that matters.

    Edmunds.com would estimate the difference at about $2,500.

    My vote is save over $4,000 today buying a 2006 versus a 2007. In future value - the $4,000 would grow to about $5,000 in 5 years - which would more than offset the $2,500 difference in trade-in value between a 2006 and a 2007 in 2011.
  • mattchalmersmattchalmers Member Posts: 159
    I tend to agree with that approach.

    My view was this when I bought my 2006 Pilot a couple weeks ago: there is no change between a 2006 and 2007 so the value in 5 years will be very similar, therefore, save the money now.
  • jcabrera4jcabrera4 Member Posts: 34
    I don't think your factoring a lot of other information. The incentive now is $2500 dealer cash for the 2006. If you get an 07 for $500 over invoice. The difference is $3000. Using the defaults at KBB, the difference between a 05 EX and and 04 EX is about $4000. So Your ahead be 1 grand.
    In the NY area, all the dealers use Galves, and their prices are much lower than kbb.

    Also, you indicate that $4000 will grow to about $5000 in 5 years. That is not bad but the rate of inflation is more than the interest rate at the bank. You also pay taxes on that $1000 interest. If you have money market account or mutual funds; then your taking a chance. That $1000 could be $100 or $10000. I'll take my odds with the market
  • mattchalmersmattchalmers Member Posts: 159
    The analysis I did was done using a very low cost of capital, not interest rates on invested money. The analysis was at 5%, in reality, most people have a cost of capital somewhere closer to 10%. At that rate, the divide would grow, not shrink. Fact is, the money saved today is worth a lot more, in real terms, than theoretical money in a year or two or five.

    If someone is looking to get rid of the vehicle in 1 or 2 years, they should probably just lease whichever model year is cheaper right now. Of course leases are still based on sale price, so the 2006 will probably still come out ahead.
  • sherbrooke8sherbrooke8 Member Posts: 11
    agree - we are all thinking the same thing - comes down to the numbers.

    for me - paid $842 below invoice plus $3,000 dealer incentive = $3,842 below invoice for 2006 - versus lets say $500 above invoice for 2007 - which is a difference of $4,342 in today's money - which grows in Vanguard NJ tax exempt money market triple tax free at 3.5% - so equals $5,157 in 5 years - which my vote was a bigger number than the difference in value between a 2006 and 2007 Pilot in 2011 - if one has a 5 year time horizon - mine actually longer - which makes 2006 even more compelling.
  • jcabrera4jcabrera4 Member Posts: 34
    You probably got your car anywhere between mid July and Labor day. That $842 was part of the dealers holdback holdback.
    You are also assuming that a potential buyer has this extra $4342 in their account and can invest that money in Vanguard. Every single one of us has a different financial status.

    This can be debated in so many ways. But at the end of the day, the person that is buying the car will have to look all the pros and cons and decide whether to go with an 06 or an 07.

    We can only give our opinion to potential buyers as to what price they should be trying to get and what dealers we recommend.
  • sherbrooke8sherbrooke8 Member Posts: 11
    yes - you are correct - got my 2006 Honda Pilot on July 28th.

    borrow the money / have the money - would still go for the 2006 if owning for a 3-5+ year time horizon - and the difference to buy 2006 versus 2007 is $4,000+.

    actually financed the whole thing thru Honda Finance at 2.9% no money down - since my money was earning more tax free at Vanguard.
  • btroeschbtroesch Member Posts: 3
    Just going to through in one other aspect to the whole conversation after buying my 2006 today. Effectively, by buying the Pilot you are buying the Acura MDX for 12-15k less on the initial price.
  • satishssatishs Member Posts: 5
    GO TO DCH ACADEMY HONDA, THEY HAVE A NEW MANAGER, HE USED TO BE THE GUY WHO MANAGED OPEN ROAD AND NOW IS A T ACADEMY SO YOU WILL GET THE BEST DEAL AND SERVICE TTO, TELL HIM ABOUT THE FORUM
  • david189david189 Member Posts: 3
    Has anyone on this forum, received any good prices on a 2006 or 2007 Pilot recently from a dealer in the Chicagoland area. So far the best internet quote I can get on a 2007 EXL 4WD w/Navi is $31,892 from Grand Honda in Elmhurst. I'm curious to know if that is a good price of not.

    -Dave
  • mattchalmersmattchalmers Member Posts: 159
    That seems to be a pretty solid price for a 2007. I paid $29,453 for that model a month ago (2006). As you can tell, the difference is pretty much the incentive. It was $3,000 when I purchased and is $2,500 now. If you can find a 2006, that may be a good way to save a few bucks, but 31.9 is still a good price.
  • sherbrooke8sherbrooke8 Member Posts: 11
    Hi Dave,

    How does $31,892 compare to dealer invoice as shown on Edmunds.com?

    Before the incentive - I paid $842 below invoice in July for a 2006 EX-L. And my cousin paid $1200 below invoice in August for a 2006 EX.

    Today it seems people are paying $500 over invoice for a 2007.

    All before the additional discount from the incentive which lowers the price another $3000 in July and now $2500 on a 2006.

    Thank you.
  • jcabrera4jcabrera4 Member Posts: 34
    Thats just like saying you can save some money by buying a highlander instead of the Lexus RX 330 or buying the Murano instead of the Infinity FX and the list goes on..
  • sherbrooke8sherbrooke8 Member Posts: 11
    Hi Dave,

    Your price of $31,892 looks like invoice. Which is good. Does it include the destination of $595? (was $550 on 2006) If it does - would consider it a great price.
    ===
    best internet quote I can get on a 2007 EXL 4WD w/Navi is $31,892 from Grand Honda in Elmhurst
    ===

    2007 Honda Pilot
    EX-L 4dr SUV AWD w/Navigation (3.5L 6cyl 5A)
    National Base Price (excludes destination charge)
    MSRP Invoice
    $35,445 $31,912
  • aspesisteveaspesisteve Member Posts: 833
    seems rather obvious to me that the '07's will have just as many incentives as the '06 model if not more. As soon as the '06's clear out the '07's will then be ready to deal.

    I think this is the final model year for the current version of the Pilot. When the public gets a whif of the '08's it will mean Honda will have to pour on the incentives. That in addition to the fact that the SUV market is in a dying.
  • sax47sax47 Member Posts: 4
    look to buy 06 exl in NW....anyone have info on the special pricing incentives in place until October 2/06? Also any good dealer contacts in Montana/Idaho/Wash/Oregon? thanks in advance
  • mattchalmersmattchalmers Member Posts: 159
    The 2006 incentives did not start until July, so if you are saying that the 2007 incentives will start around July of 2007, I agree. Dealers are willing, right now, to deal 2007 models at or around invoice because they have to compete with dealers that still 2006 models on the lot. Once the 2006 models are gone, the price of 2007 models will go up because everyone will again be on a level playing field.

    As for your comment about the SUV market dying, I fail to see any market indication to support that statement. While car sales are down, that is a reflection of the overall economy. Gas prices are finding equilibrium and that will make people more comfortable.

    Either way, the Pilot is a great vehicle that should provide many years of happy motoring. :)
  • lynn21lynn21 Member Posts: 1
    Looking to buy a 2006 EX-L Pilot AWD (no DVD or NAVI). Anyone know what would be a good price in the Boston area?

    Thanks.
  • svilensvilen Member Posts: 1
    This is my dilemma:

    I am looking for a Pilot, EX-L, AWD, RES(dvd).

    The best prices I have found now are $29.2k for 06 and $31.6k for 07. This is in the San Fran Bay Area.

    What is the common wisdom, is saving $2.4k now worth getting the older model? Yes, the difference seems to be the marketing support $$$.

    I must say, I am leaning to being cheap and going after the money now...

    Thanks.

    S.
  • mjjpowermjjpower Member Posts: 12
    We recently purchased our 06 Honda EX from a dealership in Bremerton, WA. They initially weren't giving us any great hope that they would give us a good deal, but when it came right down to it they did. We bought our SageBrush Pearl EX for $25,049 plus tax and lic. If you would like the dealaer's info please contact me off list and I'd be happy to pass that on to you.
  • massmedmassmed Member Posts: 3
    If you plan on owning your car until it rusts out below you, then there is no difference and save your money. I.e. buy the 06.

    If you plan on replacing it within a few years, then the blue book value on your 06 will likely be a few thousand less than the 07. So if you are considering trading the car in, then consider spending more for the '07. Otherwise, save your money.
  • aa0526aa0526 Member Posts: 29
    Am looking at a 2006/2007 Pilot EX.
    No options --- just the base package.
    Price quoted -

    $24,288 - no taxes, titles yet

    I have to pay $2,000 for leather - extra.

    Live in San Jose, CA area. Dealer is a local SJ Area one.
    Is this good?
    ----------------- :confuse:
    BTW - this is for 2WD.

    1. Since this is a Honda, does it really make sense to have extended warranty?

    2. Anyone tried fitting one booster + 2 car seats in the 2nd row? Do they fit ok?

    Thanks all!
  • aspesisteveaspesisteve Member Posts: 833
    I'll try to find a an article for you, but SUV sales are on the decline big time. Not to say they don't own a decent size share of the car market, but they have peaked out.
  • cascadiancascadian Member Posts: 2
    Shopped Portland to Seattle at the end of August

    Recieved best price and had a great experience with Dick Hannah Honda in Vancouver, WA

    Best!
  • mropportunitymropportunity Member Posts: 11
    ditto to what massmed said. Either you pay up front now for 2007 and plan to recapture $ at resale time ( 2007 vs 2006) but remember your 2007 may have more than normal mileage for a 2007 in which case you are deducted for extra mileage; so in the final analysis probably better to take the savings now (invest it ) that is
    IF you can still find 2006. Dublin Honda had a handful of 2006 Pilots a few weeks ago when I bought.
  • cmbpmbcmbpmb Member Posts: 9
    We were late in the game buying our Pilot... wish we would have been ready in July! But we felt we got a good deal last week... especially considering it seemed that what we were looking for were few and far between!

    We ended up paying $26,602 ($28,400 OTD) for the 2006 Pilot EX-L in 4WD (silver billet). We bought from Sheehy Honda in Alexandria, VA. They were great to work with. Several other local dealers were competing for our business - but in the end they just could not match this price.

    We're happy - and excited about our new Pilot!!
  • zeuspilotzeuspilot Member Posts: 18
    Looks like ppl are getting great deals along coasts, like NJ, CA,WA etc. Not so much discount in mid-west regions. Has anyone had better luck recently in cincinnati area, ohio? :confuse:
  • tickerdoctickerdoc Member Posts: 1
    2006 EX-L AWD with Nav. It is a demo car with about 3100 miles on it. I was going to lease, but I thought it would be better to buy this car. Any thoughts on how much I should be looking for in terms of selling price? I was thinking 29.2K minus about 10% or 3K for the miles already on the car making it about 26K or so. Any other thoughts?

    Also, are there low APRs for the '06s or only the '07s?

    Thanks.
  • hdtthdtt Member Posts: 4
    Last week, my sister received a quote of 29.3K for 06 EX-L 4WD with DVD and 32.1K for 07 model. Is this a good deal?. Please advice and if you have a better deal/service in MA state please let us know.

    Thanks in advance!
  • jfritschjfritsch Member Posts: 958
    Look at my message 12481 in accord prices paid discussion for info on resources on how to buy a new (and used) car.
    Use the package info to solicit bids fax(preferably) or email from about 20 dealers around now (end of month) . (This is not hard around Cincinnati using Honda dealer locator)

    Most people are getting about $6500-7000 off in an ad-hoc fashion so with a little org and strategy shooting for 8000+ (8500 seems to be the record) is doable. Putting silver among your color prefs may be a winner as there seems to be a lot of them.

    happy hunting

    --jjf

    Looks like ppl are getting great deals along coasts, like NJ, CA,WA etc. Not so much discount in mid-west regions. Has anyone had better luck recently in cincinnati area, ohio?
  • vtgreen87vtgreen87 Member Posts: 5
    I began my search a few weeks to late to get the great deals on the 2006 Pilots. Cash to dealer is now $2,500 instead of $3,000 and no low rate financing. I was all set to buy a 2006 Pilot EX-L in silver for $26,999 plus tax, title, and doc fees from Berlin City in NH. Dealt with the Internet Sales Manager there. Turns out the car on their website had been in an accident! Car is still on website under new inventory! What a crock! Then we saw their flyer in our local newspaper advertising a 2006 Pilot EX-L-RES in silver for $28,388. We called and the NH folks said the car was not there and was now in Maine. Called the Maine Berlin City folks and they said they have a car like that but a different stock number than advertised and would not honor the ad price! The wanted $29,419! Another Crock! Their ad is still up - beware of these bait and switch scams. They did offer $29,899 on a 2007 Pilot EX-L in gray metallic, plus delivery fee to VT of $125, and doc fee of $139 even though we would have to pay sales tax in VT and do registration and tags ourselves. Another Honda dealer in Vermont, Carbone Honda had a similar 2007 Pilot EX-L in gray metallic and met the price of $29,899. They did not charge the delivery or doc fees. Carbone Honda folks were professional, straight forward and no funny business. Dealt by phone with the Internet Sales Manager. I highly recommend them. I have bought other Honda's previously from Berlin City and rec'd a good price and treatment. I have no idea what has changed over there but this experience was a joke. :mad:
  • hdtthdtt Member Posts: 4
    Is this a 4WD or 2WD?
  • illinichasillinichas Member Posts: 2
    was this an AWD and did that price include the $2500 rebate?
  • vtgreen87vtgreen87 Member Posts: 5
    This is a 4WD.
  • vtgreen87vtgreen87 Member Posts: 5
    This is 4WD and included the $2,500 cash to dealers.
  • tuttlenjtuttlenj Member Posts: 1
    I just received a quote which I feel is not very good given what I've read here - 2006 Pilot EX - $25,800. The manager just took the invoice and subtracted $2500 from it. Lame.

    It looks like I'll check out the prices on a 06 Nissan Murano before going any further down this path.

    I thought September was a good time to buy? Maybe the cheaper gas prices is pushing the price up.

    -I just thought I'd share
  • tmock13tmock13 Member Posts: 38
    I'm in the market for a 07 Pilot (Gray metallic) EXL AWD with Navi in NY/NJ area. After reading about the great deals about what people got for the 06 models (28k to 29k), i refused to pay 32K to 34K for the 07 model which is exactly the same as the 06 model.
    Anybody out there know of any great deals on the 07 Pilot EXL AWD with Navi? Anybody got pricing yet from dealers?
    The dealers in the NY/NJ area are currently offering 4.9% financing but who cares about that when they're asking 34K.
    Anyway, the 08 Pilots will be totally redesign, as told by Honda corp., so hopefully these dealers will wake up and offer a better price on the 07 models.
  • salenetsalenet Member Posts: 64
    I just bought an 06' Pilot EXL-Navi about 4 weeks ago and paid $29K. The reason they were that low, was because a year end model manufacturer to dealer $3K incentive that most dealers pasted along to customers to help get rid of ther oversupply of the 06' model. Honda is not offering this incentive to the dealers on the 07' model. So if you are being offered the 07' model at invoice that is a good price. Maybe you can get some accesories thrown in. I bought mine at Huntington Honda on Long Island and were very happy with my experience there.
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