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Picked up my White AWD EX-L 7P today - I put my name on their allocation list in mid January for reference. I planned to get the base deal of MSRP (46,150) with no dealer adds or markups but I did actually end up getting a grand knocked off of MSRP (more on this below).
Here's the breakdown for my deal:
Base MSRP: $46,150
Actual Price: $45,150
Sales Tax (7% in IL): $3,160.50
TTL: $653.26
EFF: $50
OTD Price: $49,013.76
I was pre-approved for 5.19% for 72 months at my credit union, but the dealer offered to knock off $1,000 upfront if I took the Honda financing for 5.9% (they must get a pretty good kickback from Honda here). I was hesitant but after doing the math it seemed like a no brainer as it basically netted the same amount paid over the life of the loan not factoring in the potential to refinance with the extra benefit lowering the upfront loan amount by $1,000.
I obliged and will plan to refinance with my CU at the lower rate in a month but now I can say I got a 2023 Pilot for under MSRP
Here's the breakdown for my deal:
Base MSRP: $46,150
Actual Price: $45,150
Sales Tax (7% in IL): $3,160.50
TTL: $653.26
EFF: $50
OTD Price: $49,013.76
I was pre-approved for 5.19% for 72 months at my credit union, but the dealer offered to knock off $1,000 upfront if I took the Honda financing for 5.9% (they must get a pretty good kickback from Honda here). I was hesitant but after doing the math it seemed like a no brainer as it basically netted the same amount paid over the life of the loan not factoring in the potential to refinance with the extra benefit lowering the upfront loan amount by $1,000.
I obliged and will plan to refinance with my CU at the lower rate in a month but now I can say I got a 2023 Pilot for under MSRP