Honda

Edmunds Forecasts April Auto Sales

Published by G

Gotta love Edmunds. They are my primary source for invoice pricing whenever I shop around. It is very educational, if you want to spend all day reading all the information they provide, its well worth the time. Anyway, here’s a story that popped up yesterday on Businesswire regarding April Auto Sales forecast.

If you read the article and pull up the numbers up, you’ll notice that only Toyota, Honda and Nissan experienced growth in the month of April, compared to the same month last year. Now I don’t read too much into Nissan’s double digit growth since the bar was set rather low due to poor sales last April. I’m actually more surprised with Honda and Toyota’s achievements, even modest gains at their level is a great accomplishment.

In any case, this only mean a couple of things; American automakers keep on losing ground to the Japanese, and they still don’t get it. With crummy lease incentives and rates, I’m sure most people who want lease, still opt for imports.

Honda Nationwide Lease Deals. Expires 4/30/08

Published by G

I make it a morning ritual to visit all the car websites I have bookmarked to see what’s going on in the out automotive world. In this case, Autonation is reminding us about the Honda Spring Sales Event, you know, those commercials with the guy that pulls up his truck at a wedding, or while two people are camping, etc…So I quickly browse through the list of “incentives” for the whole entire Honda line up. Some look promising, others not so much. I’ll briefly mention the ones I think are worth “looking” into. Keep a couple of things in mind though, read the fine print. You CAN get better rates, so you CAN get a better deal than advertised. I don’t have the “connections” with Honda dealers, so I won’t be able to provide you with MFs. However, the residuals are fairly easy to figure out when you read the fine print.

2008 Accord Sedan LX Featured Special Lease
$219.00 per month for 36 months. $2,599.00 total due at signing.

2008 Accord Sedan EX Featured Special Lease
$239.00 per month for 36 months. $2,899.00 total due at signing.

2008 Civic Coupe LX Featured Special Lease
$199.00 per month for 36 months. $1,999.00 total due at signing.

2008 Civic Sedan LX Featured Special Lease
$199.00 per month for 36 months. $1,999.00 total due at signing.

2008 Element 2WD LX Featured Special Lease
$189.00 per month for 48 months. $2,399.00 total due at signing.

2008 Odyssey LX Featured Special Lease
$259.00 per month for 36 months. $2,499.00 total due at signing.

2008 Pilot 4WD VP Featured Standard Lease
$279.00 per month for 36 months. $2,999.00 total due at signing.

2008 Ridgeline RT Featured Special Lease
$269.00 per month for 36 months. $1,999.00 total due at signing.

2008 Ridgeline RTX Featured Special Lease
$279.00 per month for 36 months. $1,999.00 total due at signing.

Based on these “general” incentives, I would say that if you can keep the monthly payment the same and keep the drive-off at or below $999, you got yourself a fairly decent deal. Go below that then maybe you should be writing my blog. Haahaa.