Signed 2020 Honda Pilot EX-L AWD, 36/15k, DAS $1000, $365/Month

Pm the dealer info I’m looking for the same suv

PM’d 202020

Agreed to a deal of $327 a month $2264 upfront with the same dealer for pilot exl. Been wasting my time with NY dealers who know there’s always a sucker born.

Looking for the same vehicle in CT. Do you mind sending me a PM with the dealer info?

@HackrAPRrentice
Your work and research paid off. Well done.

The critical variable for any Honda deal is a well negotiated pre-incentive discount. You locked in a 10.2% pre-incentive. Nicely done. I have seen several Pilot deals in June/July and the best ones posted a pre-incentive discount in the 9.8-10.9% range.

Good Honda Deal Checklist:
Well Negotiated Pre-Incentive - CHECK
Well Stacked Conditional Incentives - CHECK
Confirmed MF, RV and Incentives with edmunds.com - CHECK (research would suggest so)
Minimized DAS - CHECK
No Down Payment - CHECK
No Garbage Fees - CHECK

$41,080 MSRP
$35,146 Dealer’s Offer/Selling Price
$ 5,934 Total Discount

$ 1,750 Honda-to-Dealer Cash
$ 4,184 Dealer Discount

10.2% Pre-Incentive Discount

Well Stacked Direct-to-Consumer Incentives:
$ 1,000 Loyalty
$ 500 College Grad

Just a really nice deal overall. Your 3-week effort working through several dealers paid dividends. What was the next best pre-incentive discount you were able to negotiate?

4 Likes

Your deal is great, but I’m gonna ding your preparation 1 point.

It’s always a good idea to have a well built calculator. A close read of the calculator “how-to” is a must. The instructions tell you to load in your Selling Price Pre-Incentives. When you do this hackrs can see/evaluate your pre-incentive discount quickly and easily - this puts you in the best position to get the most helpful feedback.

Since your pre-incentive discount is so important, make sure your posted LH calculator properly reflects this critical variable. Selling Price instructions read:

The “Incentive” instructions tell you how to input direct-to-dealer and direct-to-consumer incentives. Honda makes heavy use of direct-to-dealer incentives. You should reflect Honda Cash in the untaxed input line.

If you have the time, it would help those that follow if you adjust your calculator so they can use your deal as a comp for their pending negotiations.

Once again, well done.

1 Like

Any reason why you are putting down so much upfront? Also is this for 12k/year or 15k/year?

This is for 10k miles and NY taxes are 2.25% higher I believe. I’m just paying taxes and fees upfront not really putting anything down. I could of tried to squeeze a little more out of the deal but I appreciated the fact that he presented me with a fair offer and didn’t try to scam me right away. Everyone has to make money after all plus I didn’t have additional $500 for college grad.

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What do you mean by next best discount? The selling price was originally $35,500 with the $1,750 Honda to dealer incentive. I got him down to $35,146.43. With the recent grad and loyalty, cap was at $33,646. do you think I left some money on the table and could’ve got him down to the $34,500 range pre-incentive?

Thank you for this. I am an excel nerd because of my line of work. I’ll update the calculator when I get a chance late today.

Sorry, let me clarify. It sounds like you reached out to several dealers in a 100 mile radius. From a different dealer, what was the next best pre-incentive discount you negotiated?

The best that came in second on the same MSRP of $41,080 was $ 38,615 (6%) in. It was pretty standard across the board due to “low inventory” and would not honor the truecar quote. The worst offer I got was from Curtiss Ryan, 5% off MSRP $41,080, a bunch of stupid fees like window etch and lemon law surcharge, marked up MF of 0.0023143 and a monthly payment of $592 with $1423 DAS. In the 150 mile range - Boston high volume dealer, Boch, only provided 2 car quotes (9% off MSRP) and rest had to be in person. found this sketchy and time consuming because I did not have time to drive 2 and half hours each way for maybe a good deal.

Hi,
Can anyone PM me the name of the dealer and contact person. I am also looking for the same car and have the same NY dealer problems.
Thanks

Holy virgin Mary. You are right. If we have time …The length of this post must be a new record. Actually your skills are quite valuable except they are wrongly applied. In forums I think people prefer bite size info? You should look into writing your own posts or front page articles.

What you write is actually quite nice lol

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Records are meant to be broken. :wink:

Most of my posts are written to help the OP but also help the uninitiated that follow. You salty dogs tell them to go do their research - so when they do the research they can stumble on my posts. Connect a few dots. Read my posts through the eyes of a noob. I welcome your constructive feedback.

You know Pilot deals really well. I was hoping to see your insights on this one when it was posted yesterday. What do you think of the deal?

It’s a great deal! I have already recommended the pilot as the 7±seater-suv hack of the month!

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Ignore the haters, they are never going to be constructive anyway.

If you help someone it’s all good. Everyone else can keep scrolling.

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My thumb is sore from all the scrolling I have to do!!

You know what they say, use your other hand.

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Markup is odd. I was under the impression Honda Dealers could not markup Honda Financial lease deals. It sounds like they can now. Bummer, no MF markup was always a nice feature of doing business with Honda.