Financing a new Honda Minivan

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
What kind of financing terms are they giving for those who are buying a new Honda mini-van? Interest rate? Length of loan? Etc.?

What about real world experiences with other mini-van makers?

MotionMan
 

moshquerade

No Lifer
Nov 1, 2001
61,504
12
56
Are you definitely getting a Honda? I ask this b/c Toyota has 0% financing going on right now I believe.
 

dullard

Elite Member
May 21, 2001
25,776
4,305
126
Originally posted by: finite automaton
*points and :laugh:*
Sounds just like all the little kids that point and laugh at the nerd but who are now working as a fry guy at McDonald's while the nerd makes $250k a year. Why make fun of someone who makes better decisions than you?

Minivans are great. I just don't know the financing data that you are asking about.
 

Homerboy

Lifer
Mar 1, 2000
30,890
5,001
126
Originally posted by: MotionMan
What kind of financing terms are they giving for those who are buying a new Honda mini-van? Interest rate? Length of loan? Etc.?

What about real world experiences with other mini-van makers?

MotionMan

calling/talking to the dealer would likely garner the best results.
 

montypythizzle

Diamond Member
Nov 12, 2006
3,698
0
71
Originally posted by: dullard
Originally posted by: finite automaton
*points and :laugh:*
Sounds just like all the little kids that point and laugh at the nerd but who are now working as a fry guy at McDonald's while the nerd makes $250k a year.

Why make fun of someone who makes better decisions than you?

Some people would say I am a nerd for staying home and playing video games, however my financial status is not up to par with 250k a year.

EDIT: I am doing it wrong.
 

AstroManLuca

Lifer
Jun 24, 2004
15,628
5
81
Originally posted by: moshquerade
Are you definitely getting a Honda? I ask this b/c Toyota has 0% financing going on right now I believe.

SAAAAAAVED BYYYYYYY ZEEEEEEEROOOOOOOOOO!
 

TheInternet1980

Golden Member
Jan 9, 2006
1,651
1
76
Originally posted by: montypythizzle
Originally posted by: dullard
Originally posted by: finite automaton
*points and :laugh:*
Sounds just like all the little kids that point and laugh at the nerd but who are now working as a fry guy at McDonald's while the nerd makes $250k a year.

Why make fun of someone who makes better decisions than you?

Some people would say I am a nerd for staying home and playing video games, however my financial status is not up to par with 250k a year.

EDIT: I am doing it wrong.

:confused:
 

TheInternet1980

Golden Member
Jan 9, 2006
1,651
1
76
Originally posted by: AstroManLuca
Originally posted by: moshquerade
Are you definitely getting a Honda? I ask this b/c Toyota has 0% financing going on right now I believe.

SAAAAAAVED BYYYYYYY ZEEEEEEEROOOOOOOOOO!

I just can't place where that saying has come from. I see it posted on the internet, people sing it at work, I just don't understand. :confused:
 

moshquerade

No Lifer
Nov 1, 2001
61,504
12
56
Originally posted by: AstroManLuca
Originally posted by: moshquerade
Are you definitely getting a Honda? I ask this b/c Toyota has 0% financing going on right now I believe.

SAAAAAAVED BYYYYYYY ZEEEEEEEROOOOOOOOOO!

yeh, great advert that they played so much it stuck in everyone's head. :p
 

SearchMaster

Diamond Member
Jun 6, 2002
7,791
114
106
Go to Edmunds.com and click Latest Incentives.

For my zipcode (and probably yours as well), it shows this for the '09 Odyssey:
1.9% APR Term: 24 months
1.9% APR Term: 36 months
3.9% APR Term: 60 months
 

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
Originally posted by: moshquerade
Are you definitely getting a Honda? I ask this b/c Toyota has 0% financing going on right now I believe.

We have a 2005 Toyota Sienna now, but the wife is drooling over her friends' Hondas.

MotionMan
 

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
Originally posted by: Homerboy
Originally posted by: MotionMan
What kind of financing terms are they giving for those who are buying a new Honda mini-van? Interest rate? Length of loan? Etc.?

What about real world experiences with other mini-van makers?

MotionMan

calling/talking to the dealer would likely garner the best results.

I want a little non-bias, real-world information before I contact a dealer.

MotionMan
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,344
126
Anything in particular she liked about the recent Honda vans that your '05 Sienna wasn't able to compete with?

I ask because I'll be in this market once the lease is up on my Mazda5 van.
 

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
Originally posted by: vi edit
Anything in particular she liked about the recent Honda vans that your '05 Sienna wasn't able to compete with?

I ask because I'll be in this market once the lease is up on my Mazda5 van.

Not that I know of (It is probably just because two of her friends got Hondas in the last year ;)). I think the Sienna is great and it was a toss-up between that and the Honda back in 2005 when we bought it. I have not looked at anything since 2005, so we will still research and test drive a few different brands before we commit. I just need to make sure we are not shooting ourselves in the foot financially.

Our current minivan does not have nav or DVD because, at the time, my wife did not think she wanted either. She has since changed her mind. With the drop in prices and interest rates since 2005, I think we can get both features in a newer vehicle and our monthly payment may actually go down.

MotionMan
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Originally posted by: MotionMan
With the drop in prices and interest rates since 2005, I think we can get both features in a newer vehicle and our monthly payment may actually go down.

MotionMan

That's probably true, but aren't you also going to take a hit on your Sienna?
We bought a '07 Odyssey EX-L with the DVD system one year ago, and really like it. Great van, would recommend to others. Even then, we got a killer deal buying at the end of the year. Good luck in your search.
 

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
Originally posted by: Mursilis
Originally posted by: MotionMan
With the drop in prices and interest rates since 2005, I think we can get both features in a newer vehicle and our monthly payment may actually go down.

MotionMan

That's probably true, but aren't you also going to take a hit on your Sienna?

I suppose you always take a hit on selling or trading in any vehicle your bought new, but if it makes the wife (and kids "DVD Movies!!! YEAH!!!") happy...

MotionMan
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,344
126
Originally posted by: MotionMan
Originally posted by: Mursilis
Originally posted by: MotionMan
With the drop in prices and interest rates since 2005, I think we can get both features in a newer vehicle and our monthly payment may actually go down.

MotionMan

That's probably true, but aren't you also going to take a hit on your Sienna?

I suppose you always take a hit on selling or trading in any vehicle your bought new, but if it makes the wife (and kids "DVD Movies!!! YEAH!!!") happy...

MotionMan

As a person who has built in DVD players in both cars - it's not worth the cost. Just buy a $100 portable or the $100 "headrest" kits and be done with it. The built in ones just aren't worth the $1000 premium that you are charged for them. Same goes for Navigation. Why spend $2000 when a $200 garmin is more up todate and can be used in more than one car?

I didn't go out of my way to get the DVD players, they just happened to be on cars that I was interested in.
 

MotionMan

Lifer
Jan 11, 2006
17,124
12
81
Originally posted by: vi edit
Originally posted by: MotionMan
Originally posted by: Mursilis
Originally posted by: MotionMan
With the drop in prices and interest rates since 2005, I think we can get both features in a newer vehicle and our monthly payment may actually go down.

MotionMan

That's probably true, but aren't you also going to take a hit on your Sienna?

I suppose you always take a hit on selling or trading in any vehicle your bought new, but if it makes the wife (and kids "DVD Movies!!! YEAH!!!") happy...

MotionMan

As a person who has built in DVD players in both cars - it's not worth the cost. Just buy a $100 portable or the $100 "headrest" kits and be done with it. The built in ones just aren't worth the $1000 premium that you are charged for them. Same goes for Navigation. Why spend $2000 when a $200 garmin is more up todate and can be used in more than one car?

I didn't go out of my way to get the DVD players, they just happened to be on cars that I was interested in.

We have a portable GPS in her van now and she hates it as compared to the built-in one in my car. She hates the dash mount and the wires for the charger (if the thing is not plugged in, she will never charge it. Do not ask me about her mobile phone!).

I will be looking into the headrest DVDs, but my wife absolutely will not put up with any sort of ghetto set up, so the wires have to be hidden and the controls have to be nicely mounted or via a reliable remote. Of all the vehicles that I have been in with the headrest DVDs, the installs all left something to be desired or the remote was flaky. I assume that, the more you pay for installation, the better it looks (this is not something I would do myself), so the savings may cancel out.

My wife may sound picky but, to be honest, I agree with her (I guess I am picky, too, but, since it is not my car, I do not have to be the one to complain about things). Also, she spends a LOT of time in the car with the kids, so I really want her to be happy with it (and the kids, too, because happy kids make for a happy wife, too).

MotionMan
 

Mursilis

Diamond Member
Mar 11, 2001
7,756
11
81
Originally posted by: MotionMan
I will be looking into the headrest DVDs, but my wife absolutely will not put up with any sort of ghetto set up, so the wires have to be hidden and the controls have to be nicely mounted or via a reliable remote. Of all the vehicles that I have been in with the headrest DVDs, the installs all left something to be desired or the remote was flaky. I assume that, the more you pay for installation, the better it looks (this is not something I would do myself), so the savings may cancel out.

My wife may sound picky but, to be honest, I agree with her (I guess I am picky, too, but, since it is not my car, I do not have to be the one to complain about things). Also, she spends a LOT of time in the car with the kids, so I really want her to be happy with it (and the kids, too, because happy kids make for a happy wife, too).

MotionMan

We had that same dilemma when we were van-shopping, and ended up just paying the extra $$ to get the factory system. With the discounting, it wasn't that much more than a nice aftermarket roof-mounted set-up (if we went with headrest units, we'd have needed four, since we also have kids sitting in the back row), and it had the cleanness of factory-installation. Plus, you'll get SOME of that money back on resale.