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2013 and earlier-Honda Accord Prices Paid and Buying Experience

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Comments

  • evped2evped2 Posts: 21
    Yes. I've been waiting for inventory to build on manual transmission Accord EXs. There are now 11 within 75 miles of me and it doesn't look like they're moving. Hoping to do $500 below invoice within about a month.
  • I am getting 2012 Accord EX for $21K OTD. It has 3500 miles on it.
    Is this a good deal?

    TIA.
  • juliankryejuliankrye Posts: 51
    edited February 2013
    I got the 2012 SE back in August last year 0 miles for 21.5 OTD, EX wasn't much different in price if I am not mistaken, but had no leather. I had a EXL V6 prior to this.

    I will assume this is either a courtesy car used by the dealer or a trade-in by someone for the new model. I would personally go for the new LX (about 22K OTD right?), I think you get more car for the money, and it will be 0 miles, and probably get better financing assuming you're financing. If you still go for the EX make you you test drive the heck out of it, they are known for the steering wheel vibration, my first test drive had that.

    Best of luck, Julian
  • Thanks Julian,
    Which state you got the 2012 SE? I am in AZ and I think, state taxes are higher here.
  • psp05psp05 Posts: 6
    Hi,
    On 2nd Jan 2013 I purchased 2013 Honda Accord EX L from Sunnyvale dealership. Silver color.
    I purchased for $28,200 on road price including everything with free few accessories door lock,door safe guards pre installed. I paid 20% downpayment and got loan at 1.99% interest from credit union. I am a visa holder. Hope this helps..
  • crkyolfrtcrkyolfrt Posts: 2,345
    What was the cause of the steering wheel vibration? My niece and her husband bought an Accord a number of years ago and they never did find cause, even after MUCH messing around with what I think must have been two poor dealers, and HO not much help either. Last I heard they thought the problem was in the powertrain somewhere. It was a stick.
  • I am in NJ, tax is 7%. Sale price was 19.5K, the rest was tax, doc, etc. Not sure of the tax rate in Arizona. Good luck, Julian
  • I am not sure what the deal is with the wheel vibration, however I was aware of the issue, so during the test drive I asked to take the car on the expressway, and the deal did one better, let me test drive it all by myself. Sure enough, once I am able to go over 50, vibration on the steering wheel. The 2nd car I test drove did not have that issue, as such ended up buying. The car has been great thus far, just did first oil change for new years, will definitely keep it for a while. Julian
  • NPR's Planet Money looks into car buying.

    Hint: It's all about the state laws protecting franchise dealerships.

    Very informative.

    http://www.npr.org/blogs/money/2013/02/12/171814201/episode-435-why-buying-a-car- -is-so-awful
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    Nissan has Just put out for this month $1000 cash back, 0% up to 36 months, 1.9% up to 60 and $375 leasing bonus cash for all Altima's.

    Honda should be comming out with something soon. Honda did put out a lease special ending in 2 weeks. Zero across the board with 2K, 3K down on models LX,Ex,EXL V-6.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • Hello Julian
    U meant sale price of 19.5K
    was it for accord 2013?
  • Was that a v6 with navi?
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    no

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • blueiedgodblueiedgod Posts: 2,797
    NPR's Planet Money looks into car buying.

    Hint: It's all about the state laws protecting franchise dealerships.

    Very informative.

    http://www.npr.org/blogs/money/2013/02/12/171814201/episode-435-why-buying-a-car- - -is-so-awful


    Isn't it the buyer who created the unpleasurable experience? No where else do you haggle over the price. Cars come with MSRP stickers, just like everything else you would buy at a grocery, department, or hardware store.

    I don't see people going up to a meat counter and haggling over the price of the pork chop?

    If someone did not want haggle, they would pay MSRP and walk away happy.

    I like to haggle, I wish I could haggle at the grocery store, hardware, and department stores (sometimes I do, and walkaway with great deals).

    Most people put too much emotion into buying a car or a house. Once you take the emotion out of it, and make it into a purchase, that is no different than buying a gallon of milk, it becomes a much more pleasurable experience.

    I have a simple system of buying cars. Once I decide which vehicle to buy, I will reasearch the price, and determine what I am comfortable paying for it. Contact sales people and tell them up front that I know what they paid for the car, and I am aware of their costs, and this is what I am willing to pay. Some will turn it down, some will accept.

    There are sales people who would rather earn a little bit of comission on the 15 minutes they will spend with me, rather than not earn anything. They realize they could spend 4 hours with someone and earn nothing, at least with me, they are guaranteed a sale.
  • Sorry if I confused anyone, but no this was a 2012 Accord SE, I believe the 2013 was due in 3 weeks time, as such superb deals were available on the 2012 SE Accords. I am very happy with my Accord, 2013 is nice however couldn't justify MSRP pricing.

    I am in NJ, North Jersey to be more specific, and the dealers I have worked with on pricing include DCH Honda in Paramus, Ramsey Honda, Route 23 Honda, Garden State Honda and Paul Miller. Most aggressive pricing back then was from GSH due to stock that they had, I got the same deal from Route 23 Honda. I am really happy with Route 23 Honda.

    Good luck, Julian
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    It seems to me that the real dealers cost of any said vehicle we cant truly determine. We have guidlines that the car industry have set up and those are the rules we play by.
    Car salesman today are on salary. Most make as little as 100 dollars per vehicle sold.
    The formula to buying any vehicle should be started like this.

    1- Find invoice price
    2- Minus dealer hold back
    3-Minus rebates and Incentives
    4- Minus doc fee's
    This is your starting point on buying any vehicle.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • This kind of offer usually ends up walking away from the dealership. The dealer hold back is $600-$900, so you are basically asking for $1000-$2000 below the invoice price. So the only area that the dealer is making money is freight fee of $790 and appearance package (if installed - $400-$600). You don't get this kind of a deal at the beginning of the year for a hot selling car, I don't think. Good luck.
  • jipsterjipster Posts: 5,345
    the dealer is making money is freight fee of $790

    How's that? Destination fee, shipping or freight fee is what manufacturer charges dealerships. How is dealership making money on that?
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    Honda's dealer-holdback is 2 % of base msrp. The Accords top of the line V-6 touring at $34,000 hold back would be $680.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • mld421mld421 Posts: 1
    edited February 2013
    I got a quote on an EX-L CVT of $24000 even before destination (24790 with diestination) The only fee outside of the tax, title, and tags is a 200 dollar doc fee. Should I jump on this?
  • blueiedgodblueiedgod Posts: 2,797
    edited February 2013
    It seems to me that the real dealers cost of any said vehicle we cant truly determine. We have guidlines that the car industry have set up and those are the rules we play by.
    Car salesman today are on salary. Most make as little as 100 dollars per vehicle sold.
    The formula to buying any vehicle should be started like this.

    1- Find invoice price
    2- Minus dealer hold back
    3-Minus rebates and Incentives
    4- Minus doc fee's
    This is your starting point on buying any vehicle.


    Where is the salesman's $100 comission coming from if you are paying what dealer paid? Where is the electricity being paid for? Heating? Water? Sewer? Property taxes?

    So, when you go to a supermarket to buy a gallon of milk, do you tell them that their $4/gallon price is too high, and you want to pay $3/gallon, which is what they paid?

    Perhaps you never sold a thing in your life, and that is why you think the way you think. One day you will own something, and you will want to sell it. Someone, just like you, will tell you what they should bepaying you. See how you feel.

    I have a small business, (outside of my day job), and when I have a customer who tells me what it should cost me in parts, and that is what they should be paying me, I flat out tell them since they don't value what I do, they can buy the components them selves and build it them selves.

    I am not in it for just the fun of it. I am in it for the money. While I like doing what I do, I am not going to do it for free.

    I am all for being frugal, but people would not be in business if it were not for them making a living.
  • jipsterjipster Posts: 5,345
    Poster said that should be the starting point. Dealer tries to maximise their profit, buyer tries to pay the least. That's the way the game is played in the car business.
  • For a 2013 EX-L CVT, $25,000(sale price+doc fee) sounds fishy. The invoice price is about $26,400. So 1400 below invoice is way too low for the model/trim right now. Check if it is a demo car. If it is not, they might force options/add-ons that are way too expensive. Sometimes they might have mandatory financing from the dealer to get that price, you might wanna check that too. Otherwise, even with a few expensive options, it sounds like a great deal. Out of curiosity, where is this dealer?
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    edited February 2013
    I could see you have no clue how the Car business Operates. There is no proof beyond what the manufactors tell us on car prices. Do we really know the true cost. i doubt it..
    When you have hundreds of Honda dealerships all competing for your business you make your best deal. Me as a consumer could care less about dealerships electric, gas, lawn maintaince bills etc. I'm looking for the best price. If dealers cant do a certain price another can. And thats how the Car game is played. Its the way business has been for years.
    You like to buy your milk at Pathmark for $4
    I like to buy my milk at walmart for..........3

    Everything you buy in your lifetime is about price. So cut all this nonsense out about dealers not making money... you own a business. what ever your bottom line number is thats what you sell at. If you cant make it you get out..

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • Why does it sound fishy? I got an EX CVT for 1500 under invoice recently. And it had on 2 miles on it. The demand for some models are not as high as others. And there are dealers who are willing to move the cars fast.

    As to financing, I ran into some dealers that force me to use their finance, even if financing only the minimum amount. I also ran into dealers who don't care. The dealer I got my car from doesn't care.
  • brian125brian125 New york / S.C. myrtle beachPosts: 3,204
    This is exactly what i'm talking about. Above poster is concerned about what he thinks is a fair price. But he just gave the dealership where he bought at 800 or more dollars than he should have. If you do not buy from the lowest buying point you could never determine what the market value is for said vehicle. I'm not saying you can always get the hold back and doc fee's but it is a great starting point and you work up from that number. The true cost of the vehicle we do not know. You have to play there game. This is there system.

    2013 Genesis 5.0 R-spec, 2013 Accord EXL V-6, 2012 BMW x-5, 2012 ML350

  • I just checked and Honda has a 1.9% financing for up to 60months. We are heading in the right direction. ... though no cash back incentives that I am aware of.
  • For an Accord, EX-L, 4 cylinder, I was offered a price of $25,800 (plus, tax, tire fees, plates etc). Do you think this is reasonable? Thanks for any opinion.
  • benjaminhbenjaminh Posts: 1,786
    edited February 2013
    1.9% for 60 months on the 2013 Accord!

    whooo-hoooo!

    http://automobiles.honda.com/current-offers.aspx?ft=1

    2013 Accord Sedan Special APR
    Offer valid from 2/15/2013 through 3/4/2013
    1.9% APR for 24-60 months
    For well-qualified buyers and buyers that qualify for the Honda Graduate Program criteria
    Special APR offer valid on new and unregistered 2013 Accord Sedan Models from February 15, 2013 through March 4, 2013, to well qualified buyers on approved credit by Honda Financial Services through participating dealers. Must take new retail delivery on vehicle from dealer stock by March 4, 2013. Not all buyers may qualify. Higher rates apply for buyers with lower credit ratings. Example for 2013 Accord: 1.9% for 60 months financing at $17.48 a month for every $1,000.00 financed. Dealers set actual prices. See your Honda dealer for details.
  • I made an offer of $26000 for same car. Dealer did not accepted it.
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