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HONDA WILL HAVE BETTER RESALE VALUE, IE:RESIDUAL VALUE
The dealership was middletown honda in NY.
the mf was .00173 and the residual was 57%, again this was for an EX 4WD 12k/36
12k 36month
$0down (760tax +300dmv)
$0 first month payment
$0 bank fee.
Sellling price: 26,500
$355 includes Connecticut tax.
Deal or nodeal?
Thanks in advance,
hdotcom
You indicate $0 down then have $760 tax + $300 DMV. I assume this is due at signing + the CT tax so total due at signing is $1415?
I know I have seen other with selling prices for a LX 2WD at $25K
$1700 down and $456/month lease.
They are letting me out of my CRV lease 13 months early to do this.
Is this a Good Deal?
honda Pilot LX 4wd.
like $2950 out the door. $333 month
12k miles / 36 months
thanks
I understand your question, if $0 down, where the $760 come from.
$760 is the Sales Tax
$300 is DMV fee
So total out the door is $1060 with $0 first month fee $0 down. $355/month for next 35 months.
What do you think?
According to my calculations, if you were to lease a 2010 Honda Pilot EX 4WD without nav or entertainment that has an MSRP of $33,055 and a selling price of $29,013 ($1,000 under dealer invoice) through Honda Finance right now for 36 months with 15,000 miles per year, your zero down, pre-tax monthly payment would be around $383.
The payment for an otherwise identical lease of an EX-L 4WD, MSRP $36,155 / selling price $31,814 would be around $440.
Car_man
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Need to address this issue.I know the 2010 Pilots are winding down and rolling in the 2011's.Some dealerships here in the Northeast are saying they are running low on stock and now they have to pay premiums on them and rather lowering the price there are raising the price. Sounds odd to me ! One dealership told me no Pilots will be leased below $ 500.00. In my case this was an EXL 4WD w RES. I was quoted $450.00 3/36 with the regular inception fees.Is this a plot to trap the consumer ? Or actual fact. Please reply. Thanks........
good luck
Car_man
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Car_man
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The numbers for an otherwise identical lease of a Pilot Touring 2WD are .00183 and 50%.
If you were to lease either of these trucks with only 12,000 miles per year, its residual values would be 2% higher.
The Pilot's money factor drops to .00173 on sign & drive leases.
Car_man
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Car_man
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Car_man
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Prices Paid: Buying & Leasing Experiences Forum
Car_man
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My credit has gone down (570 - got divorced which is always a problem) and I can try to get it up as much as I can. I'm a single mom now and work for myself.
Does anyone have a good idea for me? I talked to Honda and they said its an extra 1k if I do the financing through them - they have not run paperwork, thats just in general (plus taxes). If I get it ready to give back I'll need to pay my insurance deductible to get that front of the car fixed.... but then I'm not sure I'll be able to get another car and I have to be able to get to work.
Can anyone give me some ideas or experiences? I'm not sure if extending the lease is a good idea or if it makes any difference on the residual in a year or what that does. I really need help. Thank you in advance
I suppose I could look at it this way: I am $1500 upside down but I am coming up with $600 at inception, so the dealership is only factoring $900 into the deal. $900 over a 36 month lease is approx. $25/mo. (I know the math is rough, but it's a ballpark.) So another way to look at the deal is that I am getting the vehicle at approx. $457/mo. with $0 out of pocket, before taking my trade into consideration.
Thoughts? It's based on a cap cost of approx. $32,500, MSRP is $36,155.
Since I'm turning in an Ody, any info on leasing another Honda would also be helpful. My lease is up in early Aug, and I'm currently 6K over my 45K lease, so it's sitting in the garage while I use my son's car. When I turned over my 2005 Ody, it was 3 mos early and about 4K over in mileage with no additional charge for the overmileage out of pocket. Thanks for any info and advice - I'm in the Cincinnati-Dayton area.
Thanks!
I also wanted to add the black side steps and they quoted me $1400 which included labor. That seemed high compared to the Honda builder price. How should this be worked into the lease terms? I'm in the Cincinnati-Dayton area. Thanks for any help.
Car_man
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Do you have the lease rates for the 2011 Honda Pilot Touring 4WD for 36 months and 12k miles per year? Also, do the lease rates for the 2010 Pilots carryover from the month of March into April?
Thanks
I am trying to lease a 2010 Pilot in the Chicagoland area. I'm looking at a Touring w/RES. The price I've been quoted is 35,754. I was told residual value is 49%. I have no clue what the money factor is. Can someone please help and tell me if the residual is correct and give me the money factor number?
Any help would be appreciated. Thanks!
Car_man
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Car_man
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Honda extended its March lease program on the 2010 Pilot through 5/3/10.
Car_man
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The residual value for a lease with only 12,000 miles per year would be 2% higher.
Car_man
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$2000.00 down my monthly payment is $473.
Is this a good deal I'm getting or can I do better?
Many Thanks
Bricklacey
thank you very much!
thanks again!
Car_man
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Let us know what the selling price is and I'm sure that either myself or another knowledgeable community member will tell you what they think
Car_man
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Once you have arrived at a selling price that you are comfortable with, have the dealer calculate your truck's payment using its buy rate lease money factor.
Honda Finance's current buy rate lease money factor and residual value for a 36 month lease of a 2010 Pilot EX-L 4WD with RES and 12,000 miles per year are .00173 and 52%, respectively for consumers who qualify for its top aka "Super Preferred" credit tier.
Car_man
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