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2013 and earlier-Honda CR-V Prices Paid and Buying Experience

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Comments

  • nhlfan79nhlfan79 Posts: 12
    Yes, my $25,200 OTD is 100% true. Here's my purchase agreement. Hopefully, the formatting isn't too messed up.

    Willett Honda South
    Seller’s Option to Purchase Vehicle Agreement

    THIS AGREEMENT made by and between Willett Honda South, Inc. (hereinafter called “Optionor”) and _[my name removed]___, (hereinafter called “Optionee”). The masculine singular pronoun shall be used throughout this Agreement, regardless of the sex or number of parties.

    OPTIONED VEHICLE: Optionor, in consideration of the payment of an option fee under this Option Agreement, entered into between the parties on this date, herby grants to Optionee the right and option to purchase the vehicle listed below on or before the termination date of this Agreement entered into this date for the terms and price hereinafter set forth, the following described vehicle: Year:_2008_Make: Honda__ Model: _CRV EXL-2WD Glacier Blue_ Vehicle Identification Number: _JHLRE3[other numbers removed] (14 MILES).
    TERM: The term of this Agreement shall be _9 days beginning on the first day of _04/21/2008 and ending on the last day of _ 04/30 /2008.
    OPTION FEE: Optionee agrees to pay $_500.00__ as NON-REFUNDABLE FEE, as consideration for the Optioner to grant the Option to Optionee to purchase the above vehicle. Simultaneous with the execution of this Option Agreement the Optionee shall deposit the sum of $_500.00____ with Optionor and agrees to pay the balance owed on or before __04/30/2008.
    OPTION PRICE: The option price of the vehicle shall be determined as follows:
    The sales price of the vehicle shall be $ _23,154.02
    The total price due to the Optionor (including: Doc. Fees, Taxes, Title Fees, Trade Payoff, less trade value if applicable) shall be the total purchase price of $25,200.00
    5. The Option Fee will be applied to the total due with a balance owed to the Optionor of
    $24,700.00
    The Option Fee as provided in Paragraph 3 above shall be refunded to the Optionee to be used only as a down payment upon the purchase of the Vehicle, as said Option Fee is NON-REFUNDABLE in the event that the Optionee does not exercise the Option and purchase the Vehicle.
    6. BINDING EFFECT: This Option and the agreements contained herein shall be binding upon inure to the benefit
    of heirs, executors, administrators, successors and assigns of the respective parties.
    7. DISCLOSURES: Optionee acknowledges receipt of the “Sales Agreement Disclosure” statement.
    8. APPLICABLE LAW: This agreement shall be interpreted according to the Laws of the State of Georgia.

    IN WITNESS WHEREOF, Optionor and Optionee have executed this agreement on the _21 day of April 2008.

    NOTE: Selling Price include Splash Guards

    [salesman's name removed], Internet Manager __________________
    OPTIONOR (authorized employee) OPTIONEE


    _________________________ __________________
    OPTIONEE

    I _________ authorize Willett Honda South to process a transaction in the amount of

    $ __________ from my ____________ Card.

    Card Number ___________

    Expiration Date __ / __ / __

    CVN Number _____


    ____________________ __________
    Customer Signature Date
  • kiki30215kiki30215 Posts: 1
    Just wanted to say thank you for all your hard work. I used the deal a "friend" had made to negotiate a deal I made last night at the same dealership. In fact, because of the great deal, we changed our minds and purchased the EX-L 2WD w/Navi. our base price was $24,296. We added the sport package for $1482 installed, which increased things a bit. Same fees and taxes (6%) you had. Very nice fella we dealt with there, We pick ours up on Saturday.

    BTW one other dealer would have matched, another was trying, but I don't think would have gone as low, and another one, west of Atlanta, didn't have a clue (or thought he didn't have to deal as hard with a woman, I'm not sure).

    Thanks again! :) :) :)
  • svittalsvittal Posts: 7
    Thanks for the tip guys. I printed out the internet warranty and showed it to the dealership and they matched it! Unbelievable. The entire shopping experience was so poor. I know the CRV sells well but these guys are ridiculous.
  • tdiidmantdiidman Posts: 35
    Apparently Honda must have backed off on not permitting dealers to sell extended warranties through the internet effective April 1st since Saccucci (and other dealers who sell them this way) still seem to be seliing them . I wonder if Honda was really threatening to do this or whether the dealers were just telling potential customers this to increase their sales- I suspect Honda just backed off, recognizing it might be better to sell more warranties at a lower profit per waranty than fewer warranties at a higher profit per warranty, but I suppose the internet sales dealers could have just been 'blowing smoke'. Anyone have any knowledge of the true situation?
  • scottyd3scottyd3 Posts: 3
    I was at Schaumburg Honda in Illinois last night and was quoted any CR-V at invoice. It looks like the prices are finally falling on this model with the economic slump and new 09's coming in later this year. Hopefully no one is settling for more than invoice out there, do your research, find the invoice cost, and call around.
  • figtreefigtree Posts: 7
    My Dealer said there is a difference between the Honda Care Warranty and the much more expensive Warranty offered by The Dealer. They mentioned a few inconsequential things that Honda Care did not cover, like not towing long distances, not covering tires, road hazzards, having to use only a Honda dealer for repairs, etc....I checked the Honda Care warranty and there is a lot it doesn't cover. I am wondering if there is such a difference in the two warranties, that the twice as much Dealer warranty is valid?

    My Honda Dealer never mentioned the Honda Care Warranty either. Only the Dealer Warranty. I asked if they sold the Honda Care Warranty, and they said yes, but they did not give me a price.

    I am not sure I even want an extended warranty, it's a tough decision.
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,914
    We have a whole discussion just for that: Honda Extended Warranties Pricing and Info

    Moderator - Prices Paid, Lease Questions, SUVs

  • isellhondasisellhondas Issaquah WashingtonPosts: 17,356
    "Hopefully no one is settling for more than invoice out there"

    Sure hope so!

    Dealers aren't in this just for the fun you know! :)
  • It looks like you actually paid $24,700.00, or am I confused? :confuse:
  • nhlfan79nhlfan79 Posts: 12
    Nope, $25,200. The doc posted above shows a $500 deposit, and a remaining balance of $24,700.
  • oh, duh. Thanks for posting this, I am buying a CR-V in Georgia this month.
  • niceshoesniceshoes Posts: 2
    Just started getting some e-mail quotes for a '08 2WD CRV EX around the Los Angeles area. The range has been from 280 below to 500 over invoice + TTL. What do you guys think?
  • smackldogsmackldog Posts: 74
    pencils2 -

    FWIW, back in 12/28/07, Tim Pohanka of Pohanka Honda in Marlow Heights offered me $23,200 OTD for a 2WD CR-V EX, in the DC/VA/MD metro area. He had mistakenly thought that I was looking for a 2WD instead of 4WD EX even though all my emails clearly listed out that I was looking for a 4WD EX! :P

    Not sure if you're still in the market but here in the DC metro area, 2WD CR-V's are fairly uncommon since most of the ones sold are EX and EX-L's in 4WD configuration.

    Good luck!
  • eoren1eoren1 Posts: 12
    Phenomenal experience. Settled on the price by phone as I was out of state. Went to the dealership today. No gimmicks or tricks. Just the price we agreed on. Quick test drive went great - car still has all the plastic and only 22 miles. Waiting on the insurance/registration dance to happen tomorrow and then will pick it up.
    Can't say enough good things about Honda Barn in North Reading, MA!
    If anyone is in the market, definitely head over there...and soon. They are becoming Honda Gallery and moving the dealership. Not sure how things may change under new management.
    E
  • What was the breakdown of the OTD price, I am in MA and reay to buy ASAP. Did it have A navigation system?

    Please reply quick...
  • I have a quote for a 2008 EXL with Nav for the following breakdown, any input?
    2008 Honda CRV, EX-L, 4WD,Navigation (any color combination):
    Vehicle Price ($635 Destination included): $27,362
    Doc Fee: $198
    Title Fee; $5
    Destination Fee: $635
    Transfer Plates: $65
    5% Mass Sales Tax: $1,399.85
    _________________
    Total $29,664.85
  • alamocityalamocity Posts: 680
    I'm a little confused, you listed destination fees twice, was that a typo or are they charging twice for the same thing?
  • kyfdx@Edmundskyfdx@Edmunds Posts: 25,914
    Good catch!

    Moderator - Prices Paid, Lease Questions, SUVs

  • gogetemgogetem Posts: 10
    I purchased an AWD, EXL w/ navigation for
    $27,200 plus...........
    12.50 tire fee
    2746.00 sales tax (NY)
    12.50 nys tire fee
    10.00 state inspection
    45.00 dealer processing fee
    29,613.50 total
    In finance office, I added $450 for remote starter and $815 fro 7 yr/80k extended hondacare warranty. (0 deductible)
    I also paid $57.50, seperately for transferring my license plates from my old car.
    I am on Long Island - purchased at Huntington honda
  • lairdwdlairdwd Posts: 9
    Got a fairly good deal on a CR-V for the inlaws. For anybody in the Boston area, check out the Honda Barn in North Reading. Get an internet quote. I couldn't get a decent quote from any of the other dealers, and after reading about honda barn on this forum, I headed there and got a CR-V LX for $75 under invoice ($20800 + $125 doc fee). Got the 0 down, .000235 with 63% residuals confirming carman's info. Monthly payments $279 with $1414 OTD (1114 + 300 security). Could have probably done a little better trying to get doc fees waived or negotiating on the cap cost, but not worth the hassle, and already $400 better than my best offer on the table. Speaking of doc fees - if you do have to pay it, it's only $125, while everyone else is $300. Just another data point to consider.

    Also, definitely download this worksheet. It was extremely valuable. Honda barn was the only dealership where I could get the quoted numbers (cap cost, fees, mf, residual) to reconcile to the spreadsheet calculations. Happy hunting!
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