Honda

September 2008 Lease Rate for 08 Honda Odyssey

Published by G

My Take: No deals here on the Odyssey. You may be able to get a decent sale price, but you won’t get any help in the residual/mf department. As with most Hondas, watch out for the models with RES. The residual values drop significantly, which will make your payments jump.

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Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Honda Odyssey LX
24 Month – Residual 59% of MSRP – .00370 Base Rate
36 Month – Residual 52% of MSRP – .00270 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX
24 Month – Residual 59% of MSRP – .00370 Base Rate
36 Month – Residual 52% of MSRP – .00270 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L
24 Month – Residual 58% of MSRP – .00370 Base Rate
36 Month – Residual 51% of MSRP – .00270 Base Rate
48 Month – Residual 43% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L w/RES
24 Month – Residual 57% of MSRP – .00370 Base Rate
36 Month – Residual 50% of MSRP – .00270 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2008 Honda Odyssey EX-L w/RES/Navigation
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Odyssey Touring w/RES/Navigation
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Odyssey Touring w/RES/Navigation/PAX
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08 Honda CR-V

Published by G

My Take: The numbers aren’t looking very good on the Honda CR-V this month, so I’m not going to bother estimating payments, unless it’s requested. The residual is strong, but the MF is Honda’s standard rate, which means no lease support. Can’t blame them, the CR-V is a solid crossover SUV that’s fair efficient with gas and has pretty good cargo space. It’s not bad to look at either. I think the sweet spot (if you can call it that) would be the 36 and 48 months since the residual values drop “only” about 8%.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see car rankings based on lease payments

2008 Honda CR-V LX 4WD
24 Month – Residual 67% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX 4WD
24 Month – Residual 68% of MSRP – .00370 Base Rate
36 Month – Residual 59% of MSRP – .00270 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 41% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L 4WD
24 Month – Residual 63% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate

2008 Honda CR-V EX-L w/Navigation 4WD
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 55% of MSRP – .00270 Base Rate
48 Month – Residual 46% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Ratee

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 09 Honda Pilot

Published by G

My Take: The rates for the 09 Pilot are so-so. Not much you can do about the residual, but the MF could be better. It is certainly better than Honda’s standard .00270 rate. Watch out for the higher end models. The residuals drop very quickly when you opt for a model with RES. My advice? Get a portal entertainment system for the kids. It’ll be cheaper.

To post specific lease questions, you can join our RIDE Automotive Forum. Please consider subscribing to the site to get daily updates and please share the website with your friends and family, I would greatly appreciate that. Thank You!

  At Invoice At MSRP
Make/Model MSRP 24-month 36-month 24-month 36-month
09 Honda Pilot 4WD EX $32,665 $517 $420 $647 $508

  • MSRP $32,665
  • Invoice $29,642
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Honda Pilot 4WD EX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

Calculate your own lease payments with my LEASE CALCULATOR (requires MS Excel)

Check out THE LIST to see how this car ranks among other models

2009 Honda Pilot 2WD EX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

2009 Honda Pilot 2WD EX-L
24 Month – Residual 53% of MSRP – .00147 Base Rate
36 Month – Residual 48% of MSRP – .00147 Base Rate
48 Month – Residual 40% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

2009 Honda Pilot 2WD EX-L w/ RES
24 Month – Residual 52% of MSRP – .00147 Base Rate
36 Month – Residual 47% of MSRP – .00147 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD EX-L
24 Month – Residual 57% of MSRP – .00147 Base Rate
36 Month – Residual 50% of MSRP – .00147 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD EX-L w/ RES
24 Month – Residual 56% of MSRP – .00147 Base Rate
36 Month – Residual 49% of MSRP – .00147 Base Rate
48 Month – Residual 41% of MSRP – .00255 Base Rate
60 Month – Residual 35% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD LX
24 Month – Residual 58% of MSRP – .00147 Base Rate
36 Month – Residual 52% of MSRP – .00147 Base Rate
48 Month – Residual 44% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD Touring w/Nav
24 Month – Residual 54% of MSRP – .00147 Base Rate
36 Month – Residual 47% of MSRP – .00147 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 34% of MSRP – .00270 Base Rate

2009 Honda Pilot 4WD Touring w/Nav/Res
24 Month – Residual 53% of MSRP – .00147 Base Rate
36 Month – Residual 46% of MSRP – .00147 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

September 2008 Lease Rate for 08/09 Honda Accord and 08 Civic Si

Published by G

My Take: It doesn’t look like Honda is providing any lease support at the moment. You can also see how Honda is discouraging 08 leases by bumping the MF to .00370 on the 24-month leases and using their standard .00270 lease rate for their 36-month leases. If you need me to work up a scenerio here, leave a comment with the terms you are interested in.

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2009 Honda Accord Coupe EX I4 Manual
24 Month – Residual 68% of MSRP – .00249 Base Rate
36 Month – Residual 60% of MSRP – .00249 Base Rate
48 Month – Residual 51% of MSRP – .00255 Base Rate
60 Month – Residual 38% of MSRP – .00270 Base Rate

2009 Honda Accord Coupe EX-L V6 Manual
24 Month – Residual 67% of MSRP – .00249 Base Rate
36 Month – Residual 56% of MSRP – .00249 Base Rate
48 Month – Residual 47% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

2008 Honda Accord EX-L V6 w/Navigation Sedan Auto
24 Month – Residual 62% of MSRP – .00370 Base Rate
36 Month – Residual 52% of MSRP – .00270 Base Rate
48 Month – Residual 42% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Civic Coupe Si
24 Month – Residual 67% of MSRP – .00370 Base Rate
36 Month – Residual 58% of MSRP – .00270 Base Rate
48 Month – Residual 48% of MSRP – .00255 Base Rate
60 Month – Residual 39% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

Ford, GM August sales drop

Published by G

From the AP

DETROIT – Ford Motor Co. said Wednesday its U.S. sales fell 26.5 percent in August, as the struggling automaker’s results — even worse than July’s dismal figures — showed that the U.S. auto sales slump may not have bottomed out.

Toyota’s sales dropped 9.4 percent from August of last year, a further indication that the woes in the U.S. auto market are continuing, but Nissan — the only major automaker to show a sales gain in July — reported another improvement, with a 13.6 percent increase in August sales.

Meanwhile, General Motors Corp. reported a 20.3 percent drop in sales from a year ago but a 31 percent improvement over its July totals, mainly thanks to offering all buyers employee pricing on many models.

Ford sold 155,172 light vehicles last month, down 3.6 percent from 160,990 in July, which was the industry’s worst month for U.S. sales in 16 years.

The Dearborn-based automaker said its Ford, Lincoln and Mercury car sales dropped nearly 9 percent, while truck sales were off more than 32 percent last month.

The company also doesn’t expect a sales rebound in the second half of the year. It said Wednesday that it plans to cut 50,000 more vehicles from its production plan in the second half of the year, reducing its output to 890,000 in the last six months of 2008.

FULL ARTICLE

Funny how Nissan is the only automaker to post a rise in sales. I must be because of the attractive leases and low APR financing (Like the  EX). Overall, this article clearly shows that most americans are shifting over to more fuel efficient cars than ever before. I just hope most people doing so aren’t panicking and taking a major loss on their SUVs.

The Most Reliable Brand?

Published by G

Consumer Reports’ most reliable brand is Honda, followed by Acura. No big surprise there. It is well-known that Honda makes great cars, so I won’t disagree with Consumer Reports on this one. A few brands seem out of place, like Buick rolling in at 10th.

Here is a quick summary of the top 10 most reliable brands.

  1. Honda
  2. Acura
  3. Scion
  4. Subaru
  5. Toyota
  6. Lexus
  7. Infiniti
  8. Mitsubishi
  9. Porsche
  10. Buick

Buick sticks out like a sore thumb here. Considering Buick is a GM, that’s some serious reliability there.
So who are the bottom-feeders of the list?

  1. Land Rover
  2. Hummer
  3. Cadillac
  4. Mercedes Benz
  5. Pontiac
  6. Volkswagen
  7. Chevrolet
  8. Jeep
  9. GMC
  10. Suzuki

What I find surprising is how GM has 50% of the crappiest brands out there. OUCH! I take back what I said about GM not making crappy cars. What is interesting to see is that only one Japanese automaker on the 10 worst list is Suzuki, which also happens to be 10th worst (not exactly bad if you ask me). We also see only 2 Germans and the rest are all American. That’s 70% of the of that list. Pretty sad.

Keep in mind that it doesn’t mean ALL cars of that brand are bad, the CR report gives you a visual range of how good/bad this brands models are.  For example, Pontiac has the widest range of good-to-bad models of any manufacturer, with the Solstice being pure garbage and the Vibe being their best model (It’s no coincidence since the Vibe is the Toyota Matrix’s cousin).

CR brand reliability report [PDF]

Your thoughts?


August 2008 Lease Rate for 09 Honda Pilot

Published by G

My Take: The 2009 Honda Pilot isn’t exactly the best lease right now. However, the residual is high enough to help counter the high MF. Calling this month’s rates a “deal” would be a stretch, though. I’m not a big fan of the current generation Pilot. It’s just soooo ugly. I’m a very “design conscious” person and the 09 is not doing it for me in that department.

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  • Pilot 4WD LX
  • MSRP $29,865
  • Invoice $27,112
  • Standard inception fees + tax not included
  • Residuals posted are for 15K miles/year.

2009 Honda Pilot 4WD LX
24 Month – Residual 65% of MSRP – .00212 Base Rate
36 Month – Residual 56% of MSRP – .00212 Base Rate

24mo Payment: $419 at invoice, $540 at MSRP
36mo Payment: $381 at invoice, $464 at MSRP

No options to be had here. TMV suggests the Pilot goes for about $100 over MSRP. Really? LOL. If that’s the case, no thanks. Keep in mind that the LX model is bone stock too. That’s why its this cheap. I suspect the EX & Touring models’ monthly payments will in the $500 due to the higher price tags and lower residuals.

2009 Honda Pilot 4WD EX
24 Month – Residual 65% of MSRP – .00212 Base Rate
36 Month – Residual 56% of MSRP – .00212 Base Rate

2009 Honda Pilot 4WD EX-L
24 Month – Residual 62% of MSRP – .00212 Base Rate
36 Month – Residual 54% of MSRP – .00212 Base Rate

2009 Honda Pilot 4WD EX-L w/ RES
24 Month – Residual 61% of MSRP – .00212 Base Rate
36 Month – Residual 53% of MSRP – .00212 Base Rate

2009 Honda Pilot 4WD Touring w/Nav
24 Month – Residual 59% of MSRP – .00212 Base Rate
36 Month – Residual 51% of MSRP – .00212 Base Rate

2009 Honda Pilot 4WD Touring w/Nav/Res
24 Month – Residual 58% of MSRP – .00212 Base Rate
36 Month – Residual 50% of MSRP – .00212 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com

August 2008 Lease Rate for 08 Honda Civic EX

Published by G

My Take: I’m not going to bother estimating payments on the Civic EX coupe. The rates are not very attractive this month so lease at your own discretion. It is obvious that Honda is taking advantage of those who are switching over the fuel-sippers. If you are one of those people, I feel for you.

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2008 Honda Civic Coupe EX – 8/13/08
24 Month – Residual 69% of MSRP – .00370 Base Rate
36 Month – Residual 57% of MSRP – .00270 Base Rate
48 Month – Residual 47% of MSRP – .00255 Base Rate
60 Month – Residual 36% of MSRP – .00270 Base Rate

Rates provided by Tarry Shebesta from Leasecompare.com