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2013 and earlier-Honda Accord Prices Paid and Buying Experience

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Comments

  • parvizparviz Posts: 484
    Based on what I paid for my V6 EXL Navi, you could do a little better. But if it is the exact car you want and they won't budge on the price I would go for it. You would start enjoying your new car a lot sooner and not worth it to wait longer for a couple of hundred $$ of savings. I assume the price quoted includes destination and other fees except TTL.
  • I don't mean to bite the "hand that feeds" (i.e. Edmunds.com), but after reading a lot of this discussion it's apparent that deals can be had that are far superior to Edmunds' "True Market Value" price. For instance, for the 08 Accord Sedan EV-L without NAV, the TMV is $25167 which includes destination. By what I'm reading here, I should be able to negotiate a deal around $3-4K less than that! What, then, is the purpose of the TMV? Is it truly a good negotiating tool, is it what one should expect in terms of getting a fair price in the current market, or should one expect just to negotiate using the invoice as the base?
  • TMV is what buyers are actually paying for cars.. Not just CarSpace members, but the entire buying population...

    So, yes... you should certainly shoot for a better price.. You don't want just an average deal, do you? ;)

    Moderator - Prices Paid, Lease Questions, SUVs

  • dwynnedwynne Posts: 4,018
    Good question, I don't know how they pick that number for TMV. Based on user reports? Dealer reports?

    I always use invoice as the basis for any car transaction, less any dealer incentives or rebates. While you might not be able to deal that low at EVERY dealership rest assured that if you are willing to make some calls/e-mails/faxes and do a little travelling to get a better deal you should be able to get around invoice.

    Hennessy, for example, quoted me just under invoice for either the I4 sedan LX or LX-P. This is for the car, destination, and dealer fees. The actual amount in relation to invoice will depend on the trim line you choose and how well that sells or how many or few the dealership has on the lot when you ask.

    Dennis
  • Where are you in TX? Could you tell me the dealer's name? I want to buy the same car, and I think the price is good. Thank you!
  • Does anyone have an opinion or other information about potential finance incentives from Honda Finance on the Accord? I understand that sales of the Accord are down and the interest rates keep going south in favor of the consumer. You would think that the company would throw us a bone very very soon. I'm holding out for anything under 5% 1.9% would be stellar! thoughts...
  • It is in Houston.

    Honda Cars of Katy
  • I don't think you are going to see any incentives on the accord anytime soon. If you join the Pentagon Federal Credit Union for $20, they offer 4.99% for up to 60 months. I just used them to purchase my EX-L and it was very easy and good experience.

    Keith
  • vietviet Posts: 847
    Macdad3996,

    If one joins it today does Pentagon Fed Credit union offer car loan at 4.99% immediately? How long is the process to get loan approved? They also offer credit card balance transfer @ 5.99% for life of loan. Any transfer fee? Thanks.
  • jaxs1jaxs1 Posts: 2,697
    You can also check out all your local credit unions. One of my local credit unions offers 5.49%, so I'm not sure it's worth the hassle to open another bank account in another state just to save another half a percent on a car loan.
  • dwynnedwynne Posts: 4,018
    They are not down by much.

    image

    It looks like the Feb offers are up on the Honda page and they show "Standard leases" and no cheap financing for Accords.

    Dennis
  • chuck1chuck1 Posts: 1,405
    Acura hurting big time, as is the Ridgeline. Something tells me the Ridgeline will go the way of the dinosaur.
  • jaxs1jaxs1 Posts: 2,697
    It's shocking that the all-new redesigned Accord is selling lower numbers than the 2007 did last year.
    Normally sales jump when a new model is released because there is a pent up demand from people who delayed their purchase in anticipation of the new model plus people who get into the market after they see an exciting new model released.
  • dwynnedwynne Posts: 4,018
    I was not following it closely, but Honda had tons of cheap lease deals and dealer money on the 07 Accord last year, didn't they? I think they wanted to be sure that they didn't get stuck with a lot of 07s on the lots when the new design arrived. Ditto for the dealers - and I was told that some dealers blew out the 07s at little profit since 07 sales set 08 allotments.

    I tried to talk my wife into a Ridgeline rather than a Pilot (same running gear) but she would not go fit it :D . We could have gotten rid of the pick up truck if I could have talked her into it.

    The Element is something else that looks like may not be around much longer. Those with dogs and/or "active life styles" may go for it, but the rubber floor and uncomfortable waterproof seating for 4 don't do it for the rest of the folks. The newer design all metal Element looks a lot better than the plastic clad normal model, but that is a top line trim and there are other, better choices for that money.

    They brought back a check lease deal on the S2000 for Jan, but still did not sell many of them.

    Dennis
  • jaxs1jaxs1 Posts: 2,697
    This is comparing February 2007 to February 2008, so they were not afraid of getting stuck with the 2007s that early in the year.
  • dwynnedwynne Posts: 4,018
    I think they were, everyone knew the new Accord was coming.

    You would think that they would offer some better deals in any case, just because the Accord numbers are down as is all of Honda/Acura sales.

    Dennis
  • I was at Streater-Smith Honda in Conroe this morning for the first oil change on my 08 Civic LX and they were offering the same discount on an Accord EX. Maybe Honda dealers are getting a little worried about the economy, but nevertheless February tends to be a slow month.
  • I'm pretty sure that they will, it's just a matter of time. I don't think they can ride out the recession without it. The automotive industry is taking it in the jaw right now and Honda sales are down, especially the Accord. It is no coincidence either because of the new model year and dealerships unwilling to flex on MSRP.
  • I have received an email quote of 24,327 + ttl for an 07 Accord EX-L V6 w/ Navi. Is this a good price? If not, how should I counter their offer?
  • Mike Patton Honda in LaGrange Georgia prices all Hondas with the desination charge included in the price along with Splashguards and pin stripes when they can be added. Many of the prices on eBay are not the lowest price. If you see"Best Offer" activated, call for the real price. Honda will not allow prices to be advertised below invoice so that's why "Best Offer" is acivated on most listings.
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