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2013 and earlier-Honda Accord Prices Paid and Buying Experience

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Comments

  • jet10000jet10000 Posts: 656
    Also, would everyone on these forums please finally agree that the destination charge is part of the cost of the car and is non-negotiable. Edmunds says so on it's pages, yet everyone seems to think that it can be negotiated...

    Who is this everyone who is saying that?

    I can't recall seeing any posts where people say that the destination charge isn't a part of the cost of the car.
  • dwynnedwynne Posts: 4,018
    Folks sometimes (and some dealers often) refer to the price w/o include the destination charge. When folks post prices here without the charge then folks go nuts trying to figure out how you can get such a great deal. When dealers do it they hope to rope you in and then add the charge (along with a doc fee) when it is time to sign the papers.

    Dennis
  • I ordered my 08 Sedan v-6/Navi on 9/15. My dealer swapped with another dealer. The car was build on 10/02, dealer got invoiced on 10/09. Expects it in next week. As far as special order all i know is he was going to contact the factory & request it for me. Then he said he would see if the color we wanted had been ordered by another dealer, if so he would try to swap. The other dealer swapped. So that tells me that Hondda does build them when ordered & i work in mfg. so once they get an order for 30 i'm sure that is when they start building them. But i can't see them builing all 3 v6/navi's w/auto at once. I'm sure going down the assemably line they are able to put in navi or just the regular audio system. Espcially w/automation the way it is. I was not required to put a deposit down & i'm not sure what my cost will be. If it's not what i want to pay then i won't buy. I do want the dealer to make a profit, they have to make profits to stay in business. :)
  • bug4bug4 Posts: 370
    I had a lengthy discussion about special orders with a sales manager before I bought my 08 Accord. Don't know if the information he provided is wrong or right, but this is what he told me: Honda will not add or subtract any option, color, interior or feature from any car on their production line. To keep their costs down, they make an entire run of one, identical type of Accord. After that run is done, they move on to the next run, all of the same color with identical equipment and features. I badly wanted an silver EX-L with 5-speed manual. He explained that manuals only make up 5% of the production and Silver manuals make up only a fraction of that number. Silver w/ manual transmission w/ black leather make up only a fraction of that fraction. So, I would have to wait until the factory got approximately 30 requests for silver w/manual w/ black leather and/or until the factory just happened to produce a vehicle that, according to their marketing research, only a fraction of 5% of their market would buy. In other words, he encouraged me not to hold my breath. He did say I would likely have the vehicle within 6 months.

    There was one other option. The dealership was able to locate an "allocated" 5-speed EX-L in dark grey. That car was supposed to be going to a dealer in Ohio. But, apparently, before delivery, Honda allows any dealer to submit a special request that will change the allocation of the car to your dealership --- BUT only if the dealership submits paperwork establishing that they have a confirmed buyer for that vehicle (thus preventing any dealership from simply cherry picking the best cars and selling them on their lot).

    My dealer "influenced" my decision to give up on a manual transmission by throwing in the automatic transmission and a rear wing spoiler for free, if I would agree to buy an automatic from their lot. I just can't get past a great deal and they had a wonderful silver w/ black leather on their lot (with only 5 miles on the odometer). . so I bought the automatic. Haven't regretted it since . . I love it!
  • dwynnedwynne Posts: 4,018
    A lot of car makers do this. The dealers get production slots and can (in some cases) specify some of the variables about the car. If another dealer has a slot where they are building a car (not already sold) like you want then your dealer can swap their slot with that dealer and get the car for you.

    The 330i I used to have was like that, it was ordered for a TX dealership and was already on the boat from Europe when my dealer swapped out to get it for me. I got the exact car I wanted (well, no cold weather package since no TX dealer would order that) without having to wait long at all.

    If Honda does build them in batches (see above post) then the Honda dealers don't have the flexibility some other dealers for other makes do in changing options and colors up to a lock in date.

    A lot of dealers will just try to sell you what is on the lot, or order what you want and you wait, or try a locate and see if there is a car on a lot someplace they can swap for (giving that dealer either another new car or a future production slot). The really good dealers can pluck a car out of production for you when one can't be found the other way. I think a lot more dealers COULD do this, but they prefer to force you to either wait or preferably take something on the lot or at another close dealership.

    Dennis
  • Since people want to know what my price was:
    EX-L Manual, non navi
    Invoice: $22,705
    My deal was: $23150 (included dealer installed OEM mudguards and wheel locks, my guess is those cost the dealership around $100 total) + $289 processing fee + $635 destination + $183 Maryland Tag+Title +5% MD sales tax = $25,461

    My best guess is this was around $634 over invoice.

    Not the best deal I've read about on here, but I'm happy with it, considering how hard manuals (expecially EX-Ls) are to come by.
  • bvdj84bvdj84 Posts: 1,721
    Was that on the 08 accord?
  • jet10000jet10000 Posts: 656
    Folks sometimes (and some dealers often) refer to the price w/o include the destination charge. When folks post prices here without the charge then folks go nuts trying to figure out how you can get such a great deal.

    Yes, but your issue is not the issue that grmerc was speaking about. He was saying that "everyone" thinks that the destination charge is not a part of the cost of the car. I don't recall seeing anyone mention this.

    Whether people post additional fees with the quote they received is a completely different topic than whether the destination charge is a legitimate charge.
  • juxtojuxto Posts: 16
    I've bought a lot of cars over the years and laugh when I read some of these boards. The entire "invoice gimmick" is just that - a gimmick. IF a dealer sells a car "at invoice" he stands to make approx 20 percent on the car. It's been that way for years. The invoice is nothing more than a very successful gimmick in this industry. Go to a furniture store and ask to see the invoice on a couch. They'd laugh you out of the store. I bought my last accord at a great price from a friend who was a dealer. As he told me no new car leaves his lot without $3500 profit as that is what it takes to keep the doors open. For somone to think they are going to buy a car for $100 or $500 more than the dealer paid for it they are either absolutely dreaming or related to / sleeping with someone at the dealership. What the dealer paid for the car is not and should not be anyone's business. As a consumer, your concern should be what YOU are willing to pay for the product.
  • Just finished with a dealer in Mass and ended up with 2008 Honda accord ex-l auto including mudguards....out the door price of.....25,900 that includes dlr prep and $635 charge too.......no one came close to it...
  • vietviet Posts: 847
    You are quite right. Dealerships/ Honda Inc. do not disclose accurate invoice prices to customers. Honda Inc. also gives out incentives to dealerships who sell its cars.
  • Yes, this was on a 2008 Honda Accord EX-L Manual, non navigation.
  • scttprscttpr Posts: 4
    I just purchased a 2007 Honda Accord EX-L V6 for $23,500 + tt&l ($25,200 out the door). MSRP 27,995 +1,696 in dealer adds.

    This is the loaded model with all available features except navigation.

    I bought from David McDavid in Irving, TX - a typical auto dealer...Agreed on a price, went to the dealer, was told a higher price with my trade-in (I can't figure that math). Went in the next day after confirming the price and bought it no problem.

    Great car at an awesome price -- can't complain.
  • bvdj84bvdj84 Posts: 1,721
    Wow, some people are getting amazing deals on the 08's already which is great. Meaning when its time for me to make a move in the next few month, I'll have a bit of room to work with. So really I should be able to get the 4cyl Navi with not too much of a problem. Some dealers want to move the 08's and that is a way to advertise the 08 too. My dealer hasn't sold that many, the same ones from release are still on the lot. I have yet to see any of them on the road. Although I have thought the new altima was the new accord until it got closer to me. I have to admit, many cars look alike these days.
  • kiawahkiawah Posts: 3,666
    was told a higher price with my trade-in

    lol, must have been a really bad trade-in. They're charging you to scrap it.
  • jaxs1jaxs1 Posts: 2,697
    Or they are paying off a loan on the trade-in that is more than what they value the car.
  • kiawahkiawah Posts: 3,666
    Uggh....should have thought of that.....glad it's friday.
  • Basic Model--got it here in DC for &19,681 plus freight, tax, title and tags. Walked out at $21,300.

    Not the greatest deal in world I guess, but it seemed decent for a brand new model.

    Used the internet to find the best price and asked my dealer to match it, which he did with a written confirmation of the offer.

    So...did I get taken?
  • Well, I'd say you got a really good deal...

    This is a link to NADA on what the Invoice price is compared to MSRP...

    http://www.nadaguides.com/NewCar/NewCarPrices/HONDA/2008/AccordSedan/2008_17547_- 1195_new_293491_01030218195060.aspz?LI=1-20-37-5056-0-0-0

    I'm new to all this "NEGOTIATING A CAR" deal, but $2,000 less than MSRP for a BRAND NEW CAR... I'd say you win...

    No one in Houston is willing to negotiate much, because of the HIGH DEMAND for the COUPE...

    I'm looking at having to buy it at MSRP ($28,945)...

    After contacting through emails, so far I may be able to get a 2008 Accord Coupe EX-L V6 at the Drive-Out price of around $31,000 with TINT and WHEEL LOCKS included. Again that's DRIVE-OUT, which is after all fees and TT&L and options added.

    What do you all think??? Am I crazy???

    Initially I was talking to them asking for FINAL DRIVE-OUT PRICE to be AT MSRP, so dirve out would be Around $28,945. But, they were like, "OH, there is no way we can do that... this car is in too much demand..."
  • km283km283 Posts: 5
    jlewelling1 - Could you please tell me which dealer in DC you got this deal? I am hoping to buy the base model in c couple of weeks in DC and would really appreciate this information. Thanks and Congratulations on the new car !!
  • Back home with a 08 Accord LX Sedan Auto and paid 20,250+TTL (I'm in TX). Out the door price is below 21,750 (MSRP is 21,795). DON'T BELIEVE TO DEALERS WHO SAY 'these ones just arrived so msrp is the fair and firm price' :mad: .
    I'm happy with the deal and the car is great :shades:
  • alamocityalamocity Posts: 680
    Where in Tx did you purchase from?
  • The thing is this...

    1) Where in Texas did you get your car? I live in Houston.

    2) Right now, there are A LOT of Sedans at the lots and I don't think they'll have as many Coupes.

    It's supply and demand... Low supply of Coupes, More demand, less room for negotiation... :(
  • sujithsujith Posts: 2
    hi abhi,
    i bought my accord lx 2007 to two weeks back from crown honda in charlotte for 19 k OTD including reg+tag title.they still have 07 models left so check with them if there is a SE , go for it.
  • jaxs1jaxs1 Posts: 2,697
    There is less demand for coupes, but since the 2008 coupes got a later start than sedans, there is a shortage anyway.

    You will never see the lots filled with a big supply of coupes because they cannot sell mostly coupes.
  • "I've bought a lot of cars over the years and laugh when I read some of these boards."

    I've sold a lot of cars over the years and laugh when I read comments like yours.

    "The entire "invoice gimmick" is just that - a gimmick. IF a dealer sells a car "at invoice" he stands to make approx 20 percent on the car. It's been that way for years."

    (A) Please break down the various revenue streams that collectively result in this 20%.
    (B) A percentage is simply a statistic, and no percentage applies universally to either all dealerships or all Honda dealerships. It's actual gross amounts that matter. 20% on $16,000 Fit? In a word: no.

    "Go to a furniture store and ask to see the invoice on a couch. They'd laugh you out of the store."

    The retail car sales market is closer to a commodity exchange than other types of retail sales, with far fewer, far bigger players than the furniture market, and is manifold times more influenced by both information on and communication enable by the Internet.

    " I bought my last accord at a great price from a friend who was a dealer. As he told me no new car leaves his lot without $3500 profit as that is what it takes to keep the doors open."

    Your friend lied to you, plain and simple. Again, $3500 in a new Fit? Talk about dreaming.

    "For somone to think they are going to buy a car for $100 or $500 more than the dealer paid for it they are either absolutely dreaming or related to / sleeping with someone at the dealership."

    It's not a false either/or scenario. Depending on the inventory, recent sales, time or year, and a number of other factors, yes, someone could buy a car for practically what the dealer paid for it.

    "What the dealer paid for the car is not and should not be anyone's business."

    Huh? If a dealer chooses to disclose information to a customer as a means to finalize a deal, that's the dealer's choice. If a customer asks for invoice or other similar information, he/she's not out of line, meddling or behaving inappropriately. The management can always say no. That may or may not change the dynamic of the negoations, but it's the dealer's choice.

    "As a consumer, your concern should be what YOU are willing to pay for the product."

    Among plenty of other things.
  • I contacted several dealerships so far today in the NY tri-state area and the best quote I receivd on the LX-P was 20,720

    Invoice - 19,362 + Dest 635 + auto @ invoice 723 = 20,720

    Dealership said that price + tax, tags and title, no doc fee.

    I'll post again when I go in and check it out - let me know how much below invoice anyone has gotten.

    Anyone know the current 60 month finance rate offered by Honda for top tier credit?
  • so if you're going for a new 08 coupe that needs to be ordered from the factory, it would still just be BS if they try to pull the low supply crap, right? i mean, if you special order, the car is coming from the FACTORY and not out of their lot. shouldn't dealers be giving some discounts on the coupes to make sales if its coming from the factory?

    I'm going to get the trim and color I want, even it takes long for it to get here, but why should i have to pay msrp. :confuse:
  • dwynnedwynne Posts: 4,018
    If you take one off the lot, then they don't get stuck with that car. Most dealers get xx days free floor planning (financing) and after the car sits for more than xx days they have to pay the manufacturer for it no matter if it is sold or not. Heck, the local MINI dealer even has a couple of them discounted because they have been on the lot for a few months (options/colors not desirable, I guess) but they get full price for everything else.

    Also if you take one off the lot they make the profit now, not in weeks or months down the road. They also don't know what the sales will be like then and what they would make on the sale then - but they know for sure right now.

    But it depends on the dealer, a good dealer that offers deep discounts does not have much that sits around - they move them out as fast as they get them in. The exception may be a odd color or trim and they can also offer extra discounts if they have too many of one trim or color or something.

    In most states a deposit on a car is always refundable, so they could order you something that may be hard to sell, then you change your mind, lose your job, get hit by a bus, or whatever before it comes in. Why take the risk for a low profit sale?

    A lot of it can by how goal driven sales is - on a monthly basis. You have to worry about making sales today and making your number for this month. Worry about another month then. Ever notice how most salesmen try to disengage if you tell them you are thinking about a new car in a few weeks or next month or in a few months? Why waste time with someone not ready to sign papers and pay money and take a car now?

    I agree you should get exactly what you want, but I would think calling around every dealer in 200 miles or having one do a locate on the car you want would be just as easy and get you a car quicker. Since the sale is right now, the cost of getting the car to you may be offset by getting a better deal. I buy cars from all over, whoever has the best deal on what I want. I have flown in, signed papers, and driven home in the new car. I have paid car carriers for cars sight-unseen, and I driven to get them. Whatever nets me what I want for a good price when I want it.

    Dennis
  • nleachnleach Posts: 2
    Is an accord EX-LV6 2008 without navi, but with wing spoiler, splash guards,and moonroof visor for 29000.00 out the door in TN a good deal? Need to know . Plan to buy very soon or should I wait a month?
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