At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Honda Pilot Touring 2WD	$33,994	$37,465	N/A	$502	N/A	$602
09 Honda Pilot EX-L AWD	$32,548	$35,865	N/A	$471	N/A	$567

My Take: The Pilot is one UGLY SUV. I’m a believer in driving something that not only drives well, but also makes you look good riding it it. This car fails miserably in that department. Despite that fact, this is still a very good family hauler and it’s very well appointed, like all Hondas/Acuras are. The lease looks pretty decent on the 36mo/15k term at invoice. Go with the 12k lease and you will see your payments drop some more. Remember that RES and Navi models tend to have lower residual values, so if you opt for that, make sure you aren’t paying more (over 36 months) than buying a portable Navi or RES which you get to keep AFTER your lease is over.

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NOTE: Estimates do assuming the following:

• Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
• Local Taxes not included.
• 24-month/15k and 36-month/15k terms.
• All cars are stock, without any options.

2009 Honda Pilot December Lease Rates

Touring 2WD
36-month | 15k miles | residual 48% | .0011 base money factor

EX-L AWD
36-month | 15k miles | residual 49% | .0011 base money factor

My Take: There aren’t cash rebates for the Pilot this month, but you can get special financing at 3.9% for 60 months. I would lease personally since the interest rate is lower. If you want to lease the EX, I think the sweet spot would be a 36 month/12k mile term. Assuming you can get it at invoice, your payments should hover around $386 + tax with inception fees due at signing. Thats not bad for $30k dollar SUV that sits 6-8 people.

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			At Invoice		At MSRP
Make/Model	Invoice	MSRP	24-month	36-month	24-month	36-month
09 Honda Pilot 4WD EX	$29,657	$32,665	$513	$403	$641	$490

• Inception fees (1st month payment, DMV, doc fee, bank fee, tire tax and possible security deposit) will be paid at signing.
• Local Taxes not included.
• 24-month/15k and 36-month/15k terms.
• All cars are stock, without any options.
• Yellow boxes denotes “lowest” lease payments for each car.

2009 Honda Pilot 4WD EX
24 Month – Residual 57% of MSRP – .00110 Base Rate
36 Month – Residual 52% of MSRP – .00110 Base Rate
48 Month – Residual 43% of MSRP – .00290 Base Rate
60 Month – Residual 35% of MSRP – .00290 Base Rate

QUICK LINKS:
LEASE CALCULATOR (requires MS Excel)
THE LIST, monthly list of car rankings on monthly payments

2009 Honda Pilot 4WD EX-L
24 Month – Residual 55% of MSRP – .00110 Base Rate
36 Month – Residual 49% of MSRP – .00110 Base Rate
48 Month – Residual 41% of MSRP – .00290 Base Rate
60 Month – Residual 34% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD EX-L w/ RES
24 Month – Residual 54% of MSRP – .00110 Base Rate
36 Month – Residual 48% of MSRP – .00110 Base Rate
48 Month – Residual 40% of MSRP – .00290 Base Rate
60 Month – Residual 34% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD LX
24 Month – Residual 56% of MSRP – .00110 Base Rate
36 Month – Residual 51% of MSRP – .00110 Base Rate
48 Month – Residual 42% of MSRP – .00290 Base Rate
60 Month – Residual 35% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD Touring w/Nav
24 Month – Residual 53% of MSRP – .00110 Base Rate
36 Month – Residual 47% of MSRP – .00110 Base Rate
48 Month – Residual 39% of MSRP – .00290 Base Rate
60 Month – Residual 33% of MSRP – .00290 Base Rate

2009 Honda Pilot 4WD Touring w/Nav/Res
24 Month – Residual 52% of MSRP – .00110 Base Rate
36 Month – Residual 48% of MSRP – .00110 Base Rate
48 Month – Residual 38% of MSRP – .00290 Base Rate
60 Month – Residual 32% of MSRP – .00290 Base Rate

Rates provided by Leasecompare.com

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.

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		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

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

2008 Honda Pilot VP 4WD
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Pilot SE 4WD
24 Month – Residual 57% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 33% of MSRP – .00270 Base Rate

2008 Honda Pilot EX 4WD
24 Month – Residual 56% of MSRP – .00370 Base Rate
36 Month – Residual 48% of MSRP – .00270 Base Rate
48 Month – Residual 39% of MSRP – .00255 Base Rate
60 Month – Residual 32% of MSRP – .00270 Base Rate

2008 Honda Pilot EX-L 4WD
24 Month – Residual 54% of MSRP – .00370 Base Rate
36 Month – Residual 47% of MSRP – .00270 Base Rate
48 Month – Residual 38% of MSRP – .00255 Base Rate
60 Month – Residual 31% of MSRP – .00270 Base Rate

* Residuals posted are for 15K miles/year. Add 2% to Residual for 12k mi/yr and 3% for 10k mi/yr on all terms
** Rates provided by Tarry Shebesta from Leasecompare.com

My Take: As you can see, Honda isn’t exactly offering any incentives to lease the 08 Pilot anymore. Buying seems to be the ongoing theme this month. Low APR financing is making its way in from pretty much every manufacturer for all 08 models. You just might do a bit better leasing a 09 Pilot than an 08 Pilot.