I found the thread for the 2006s, but no general thread on 2007s.
I've been offered $32,067 on a 2007 AWD with RES. Is that good?
I've been offered $32,067 on a 2007 AWD with RES. Is that good?
Is that an EX-L (leather) AWD w/ RES?clemsondave said:I found the thread for the 2006s, but no general thread on 2007s.
I've been offered $32,067 on a 2007 AWD with RES. Is that good?
Yep. Just trying to decide now whether to get an 07 Pilot or an 05 MDX.NSXBill said:
Is that an EX-L (leather) AWD w/ RES?
Is that for a 2WD or 4WD? What was just the price+destination? It is hard to compare since taxes and tag costs vary widely by where you live.jimcjoy said:Paid $30,800 for a 2007 EX-L Out of the Door (includes destination, tax, tags, title & appearence package (pin stripes, rear mud guards).
Sorry, missed out the detailsgpraceman said:
Is that for a 2WD or 4WD? What was just the price+destination? It is hard to compare since taxes and tag costs vary widely by where you live.
If you divide by 1.032 to remove the tax, that would be below invoice (...this not even accouting for tag, processing, title, and app pkg)jimcjoy said:
Sorry, missed out the details
2007 Honda Pilot EX-L 4WD
State - VA (approx 3.2% taxes)
Final Price Paid
(Base + Destination + Processing + Tax + Tags + Title + App Package)
$30,800
Yes, I got it below invoice. I had received the following quote from a different dealer (in MD):NSXBill said:
If you divide by 1.032 to remove the tax, that would be below invoice (...this not even accouting for tag, processing, title, and app pkg)
THAT'S good information! Thanks for going to the trouble to break it down.jimcjoy said:
Yes, I got it below invoice. I had received the following quote from a different dealer (based in MD):
Following is a quote for a 2007 Pilot EX-L 4WD
Sale Price: 29,175
Destination Charge: 595
Processing Fee: 100
VA Tax 3%: 896.10
VA Tags: 83.50
Overall Total: 30,849.60
I took this quote to another dealer (basedin VA, from whom I bought the car) and he beat it by $50 (gave me $30,800 on road). In VA,the processing fee is $299 and tax is 3.2% Had all colors in stock and I selected Aberdeen Green Metallic.
Wow, they gave you a hefty portion of the holdback........jimcjoy said:
Yes, I got it below invoice. I had received the following quote from a different dealer (in MD):
Following is a quote for a 2007 Pilot EX-L 4WD
Sale Price: 29,175
Destination Charge: 595
Processing Fee: 100
VA Tax 3%: 896.10
VA Tags: 83.50
Overall Total: 30,849.60
I took this quote to another dealer (in VA, from whom I bought the car) and he beat it by $50 (gave me $30,800 on road). In VA,the processing fee is $299 - $399 (this dealer was $399) and tax is 3.2% Had all colors in stock and I selected Aberdeen Green Metallic.
2007 Pilot EX-L 4WD (No RES/NAV)
3 Miles on delivery
Total paid (on road) $30,800 (Base+Dest+Tax+Tags+Processing)
No Add-Ons, No Extended Warranty Purchase
Processing Fee $399
Got Pinstripes, Rear Splash Guards, Door-Edge Guards, Fenderwheel Trim, and Wheel Locks (I think everything except Pinstripes & Rear Splash Guards comes standard with the EX-L)
What do you calculate the holdback is on this? I got $997jl_ss said:
Wow, they gave you a hefty portion of the holdback........
Holdback is 3% of MSRP - that's about right, I don't have the numbers in front of me any more. If they are selling for invoice minus holdback already, then incentives can't be far behind.NSXBill said:
What do you calculate the holdback is on this? I got $997
According to Consumer Reports, for a '07 EX-L 4WD (No RES/No NAV) the invoice price is $30,530 and the holdback is $997, so the CR "bottom line price" is $29,533 + packages/options.jl_ss said:
Holdback is 3% of MSRP - that's about right, I don't have the numbers in front of me any more.
And Edmunds agrees. Honda also offers 4.9% for 24 and 60 month financing.gpraceman said:
According to Consumer Reports, for a '07 EX-L 4WD (No RES/No NAV) the invoice price is $30,530 and the holdback is $997, so the CR "bottom line price" is $29,533 + packages/options.
So I've been wondering (having gotten what I thought was a great deal this summer, though others have done much better):jl_ss said:
Holdback is 3% of MSRP - that's about right, I don't have the numbers in front of me any more. If they are selling for invoice minus holdback already, then incentives can't be far behind.
There is an anonymous dealer on the MDX site who posted net costs of the 2006 MDXs. They were invoice minus the holdback minus the incentive.samster said:
So I've been wondering (having gotten what I thought was a great deal this summer, though others have done much better):
When dealers sell for invoice minus incentives (if any) minus holdback, what are they making? Is there enough in the "processing/documentation fee"? Do they just hope to make something on accessories, extended warranty, or future service business? Is it possible that they take a loss?
It seems like people have often gotten inexplicably good deals, even given all the information we knew (not necessarily on '07's yet, but certainly on '06's).
Our local Acura dealer is advertising on TV for new 2006 MDX's for $32,990. New 2006 TL's are going for $29,990. Both are very good prices.jl_ss said:
There is an anonymous dealer on the MDX site who posted net costs of the 2006 MDXs. They were invoice minus the holdback minus the incentive.
So they are not making much at all.
With the current $2500 rebate, MDX net costs are:GreenMachine said:
Our local Acura dealer is advertising on TV for new 2006 MDX's for $32,990. New 2006 TL's are going for $29,990. Both are very good prices.
The problem for me is that the $2500 rebate ends on Oct 31. I need to do my deal in Jan and I doubt that there will be any 06 MDX's around. Also, residual for 06 MDX compared to 07 Pilot MAY lead to higher lease payment for MDX (haven't run any numbers, so don't know).jl_ss said:
With the current $2500 rebate, MDX net costs are:
Net Cost on Premium-30465.64
Net Cost on Touring-32923.54
Net Cost Touring with DVD-35472.11
Net Cost Touring w/ Nav-35316.18
Net Cost Touring w/ NAv/DVD-36621.25