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Honda Accord Hybrid Prices Paid and Buying Experiences

SylviaSylvia Posts: 1,636
edited March 16 in Honda
Hybrids are in hot demand and the Accord Hybrid is no exception.

What deals are you seeing? How is your experience at the dealership?
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Comments

  • cal_calcal_cal Posts: 39
    I paid $700 below INVOICE in Ohio, but it was a very tough negotiation. I had no trade in and got a 1.9%, 36 mos, 0 down financing. The car is a dream.

    cal_cal
    :shades:
  • I have not been on this board for a while because I had HAH on order and 1 week before it came in I went to the dealer to get all of the pricing. It was at this point that the dealer I guess felt like he was going to make as much money as he could. I under stand that I was going to pay sticker for the car but then he wanted to hit me for 2k less than the trade in value on my trade in, we looked it up on th computer together. I told him to give me my deposit and to sell the car to someone else whom did not mind wasting money. Now that it has been a 3-4 months I am wondering are most people paying sticker for the car.
  • gagricegagrice San DiegoPosts: 29,168
    Shop around. You should get one for close to invoice. You may be better off selling your trade-in. Dealers are really low balling used cars with all the discounts on new ones. The HAH is NOT selling well so you should find one on a lot and a dealer wanting to sell it. Be tough, and not afraid to walk out.
  • dwynnedwynne Posts: 4,018
    Look on ebay, dealers are listing them there WELL below MSRP and they are going unsold. You might have to travel to get a deal, but compared to being overcharged it would be worth it. Dealers in LA, MA, NJ, etc. Tell us where you are and maybe someone can steer you to a better dealer.

    In any case, selling your car yourself and not trading it will almost always net you more money.

    Dennis
  • molokaimolokai Posts: 313
    I am glad to hear they're not selling well. Why? It never made any sense to hybridize a car that gets the same mileage as the 4cyl version. Granted you get a little more ooomph... but it's very expensive to get that ooommphh. Good luck... I hope you get it at $100 over dealer invoice.
  • vietviet Posts: 847
    One has to show statistical figures to prove the HAH is not sold well. Even if it is not sold well I would tend to think any vehicles of over $30K is a bit customer selected and therefore a bit slow in sales.

    The HAH should be named as a "Japanese Mustang". I will not be hesitating to buy another one when my need arises. I am suggesting Honda making a fifth door (hatch back) to make the HAH pretty much convenient like a SUV. I do not have a demand to buy a truck or a SUV but when I need to carry some lengthy stuff in my sedan it bothers me a lot.
  • backybacky Twin CitiesPosts: 18,784
    Maybe Honda will resurrect the Accord wagon. That was a nifty car in its time, really sharp for a wagon I thought. I know this is heresy to an Accord fan like you but, there is the Highlander hybrid for SUV convenience...

    But I don't think there's any chance that the HAH will be confused with a Mustang. The Mustang is unique. I don't know any 16-year-old boys who lust after a HAH. Well, OK, maybe your son does. :)
  • vietviet Posts: 847
    In the questionnaire for the future HAH Honda asked me lot of questions. Some typical questions I like most and answered YES are:

    1- Fifth door in rear.
    2- Folded rear seat.
    3- More trunk space.
    4- More power.
    5- More MPG.
    6- Very last question (a) Compromise between power and MPG, (b) More power less MPG, (c) More MPG less power. I voted for (a).
    7- Spare tire,
    8- Moon roof.
    9- Internet access.
    10- Road hazard notification to responsible people.
    11- etc.

    I voted YES for all those above that I can recall.

    For the current HAH I can feel its strong torque, quickness, responsiveness and smoothness. Accord is better and better every year. I have 4 Accord now for 4 people in my family. These Accords are in excellent conditions. No need to buy another one. May be I will have to commit a big shameful sin to fake a solid reason to show my wife that I need to buy another one. The Dad is insane with cars while the Mom is crazy with homes, home improvement and shopping like a typical American housewife. Just kidding, I am most conservative and strong in analytical and researching skills. Love to think through critically before making any major decision.
  • falcononefalconone Posts: 1,726
    I don't really know the stats either. This is based on what Gary posted. If someone is considering the HAH they should also cross shop the Acura TSX. The car is less money, gets great mileage and similar performance. As an added bonus it handles better than the HAH and has stability control. I can think of MANY cars that can out handle the HAH,, it is definitely NOT a Mustang, but a fine all around car. I'd prefer the six speed that Midcow purchased. Where art thou Midcow??
  • gagricegagrice San DiegoPosts: 29,168
    My information on HAH sales is from the Honda website. They just posted June sales for the HAH at 1080 units. April HAH sales was 2023 units. Total sales of the HAH for 2005 is 7939 vehicles. It looks like everyone that wants an HAH has gotten it. I consider that poor sales for a car that had so much hype before it came out.

    I don't think you can compare the HAH to the Mustang. They have averaged 16k cars per month this year. With 96k sold this year & Ford is having difficulty keeping up with demand. And they are not discounting the Mustang. It is a great looking car just sitting.

    http://www.hondanews.com/CatID1007?mid=2005050357026&mime=asc

    http://www.hondanews.com/CatID1007?mid=2005070148995&mime=asc
  • falcononefalconone Posts: 1,726
    Gary... it certainly makes sense. Have you checked that dealer by you that was marking it up 3k over sticker? You oughta visit the guy and rub it in his face. I can't stand greedy dealers!!!
  • jrct9454jrct9454 Posts: 2,363
    In the Portland, OR area, one dealer is advertising the HAH for $27,635, with two available at that price.
  • gagricegagrice San DiegoPosts: 29,168
    The bright side is the viet should be able to get his second one at invoice... I will stop in and see if they are still trying to gouge for the HAH. In Alaska till first of August.
  • backybacky Twin CitiesPosts: 18,784
    It looks like everyone that wants an HAH has gotten it.

    Maybe so... I guess we'll know for sure when the July sales numbers come in. If they are zero for the HAH, you'll know you were correct.
  • Not only did I pay nearly list price, there have been 4 other Accord Hybrids sold in the two weeks since I bought mine at my dealer....
  • vietviet Posts: 847
    Congratulations Doc Professor on your new HAH. I love the new HAH technology and also do not care about the cost break-even. I just "feel Heaven" and complete satisfaction when I drive my HAH. That's all I care. As long as one owns and drives the HAH he/ she will eventually develop good driving technique to get best MPG.
  • nowakj66nowakj66 Posts: 709
    I paid $500 over invoice in May and have been very happy with my HAH.
  • falcononefalconone Posts: 1,726
    Glad to hear you got a good deal. I think at that price it is worth it. I feel a little bad for the early folks that paid full retail and above. At least they're enjoying their cars and that's what really counts!!
  • dwynnedwynne Posts: 4,018
    That is true of just about any car - if you gotta have it right away you will pay more. Folks used to pay full MSRP or over for S2000s, mine was under invoice. It happens over and over. Just don't get in any hurry and you will pay less - most of the time.

    With the "new" pricing the hybrid Accord is more attractive - but you can get the I4 and V-6 for under invoice too - so the premium is still high to get one.

    Dennis
  • midnightcowboymidnightcowboy Posts: 1,978
    "I'd prefer the six speed that Midcow purchased. Where art thou Midcow?? "

    Still around surfing, too many new users asking the same questions in too many threads and too much thread meddling.

    Later,

    MidCow

    P.S.- The 6-speed is still AWESOME and flawless.
  • Thanks everyone for the awesome info on these threads. Today I was offered Invoice + $800 in the San Francisco peninsula area, and I felt there was ~$200 more to be had if I'd been ready to sign. But my questions for you are:

    1) Should I buy a 2005 HAH in August? I am poised to probably buy an HAH. Now that it is August, would you experts recommend buying a 2005 HAH now, as dealers presumably want to make room for 2006's? Or is it better to wait and buy a 2006? Will they be different cars in any way? If I have to pay a little more for a 2006, will that be worth it in terms of residual value when it comes to resale, or won't that matter if I assume I'll keep it more than 5-7 years and put 15-20k miles on each year?

    2) I was offered the extended warranty (7 year, 100k miles, 0 deductible) for $1450, and I understand it costs the dealer about $900. I usually assume warranties are overpriced, but was thinking I might take it for peace of mind at $1050 or so (Prius has a much better warranty as I understand it). What are others paying for the extended warranty? Any other thoughts on this?

    Thanks again for the help,

    R
  • cal_calcal_cal Posts: 39
    I bought mine for invoice minus 700 in Ohio without any extra warranties. I think at invoice plus 800 in SF, you got a good deal. I dont beleive there will be many changes to the 2006 model. The HAH is a fine car. Go, get it. You could wait till the 2006 model comes out and then buy a 05 HAH if one is still available.
  • blaneblane Posts: 2,017
    In your negotiations, you should consider that the 2005 hybrid may get you a federal tax DEDUCTION. If you wait until January 1, 2006, there will be a much more advantageous federal tax CREDIT. Bush signed the Energy bill today.

    The sales manager at the dealership is well aware of that nuance. Do they want you to buy now? Or do they want you to wait a few more months? My bet is that they want sales now and will try to make it worthwhile to you. If not, say goodbye and tell them that you will shop down the road.

    Also, don't be in a rush to buy an extended warranty, especially at the price you were quoted. You have up to three more years to decide. You may want to check jayhondacare.com or curryhondacare.com.
  • dave67dave67 Posts: 4
    First - thanks for the helpful info.

    I was ready to wait for the new tax law till Jan, till I go this quote from a local dealer: $25,800

    Is this as good as it looks to me? Should I be aware of anything when I go see them?
  • zoranzoran Posts: 68
    Wont be 2006 NEW REDESIGNED MODEL?
  • blaneblane Posts: 2,017
    No zoran, the 2006 Accord sedan is a 2005 Accord sedan with a refreshed front grille and a new tailight configuration, plus a few other updates. The 2008 Accords will be of a totally new design.
  • Since no one was really posting here I thought it was better to post in the normal accord buying folder, but maybe I should cross post this here.

    We just bought a Hybrid Accord w/o NAV (sorry blane, but the extra 1800 was just too much) for a little more than $500 UNDER invoice. We used the internet to talk to several dealerships in orange county, CA and some were a little slow to respond but we got the best responses from the Honda dealership in Anaheim (their internet staff was honest and attentive) and the one in Costa Mesa. We went with the Costa Mesa location.

    I almost walked on the deal when they sprung a $249 price on splash guards and wheel locks that they "put immediately on all EX models" but we talked them down on that way too high price. We were prepared to walk at any time, but the transaction went pretty smoothly. They tried to sell me the extended warranty for a "low" price of $1350 after starting at around $2000 (god who jumps on that 2000$ warranty?)- they showed me that it costs them 950 dollars so they are only making $400. I wish I could make $400 on a 5 minute transaction. The finance guy was pretty cool though about us declining everything and we drove away more than happy. BTW this is my first car with XM radio and I'm already addicted. This is definitely not the accord of even 10 years ago. With the leather it almost feels like a luxury car.

    Two things added here that I didn't put in my original post

    1. The $500 under invoice included the 515$ destination charge so it was more like $1000 under invoice.

    2. When I talked to the salesman on the phone he said they had 2 in my color. When we got to the lot he brought out the key and pointed out a nice clean one in the front. Upon further inspection I noticed tons of swirl marks on the hood and two cuts in the paint on the rear bumper- the car also had 100 miles on it. I kept looking at the paint and I was ready to walk away from the deal when the salesman left for a while- then he came back and I was ready to tell him we were leaving when he said he found another of the same color way in the back by the service area. That car was dusty, but perfect and it had only 35 miles on it!

    The lesson is don't buy a car unless you're completely happy with it.
  • Don't wait for the new tax law. I understand that taking delivery in 2005 will result in a $2,000 tax DEDUCTION. At a 27% marginal tax rate, the net benefit is $540. (Use your own appropriate marginal tax rate.)

    Based upon info from http://www.ucsusa.org/hybridcenter/incentives.cfm ,
    the Honda Accord Hybrid would yield a $650 tax CREDIT.

    The difference is only $110 benefit year-over-year by waiting for 2006 new tax law.
  • Hey lipitorkid,

    I am researching a hybrid vehicle for my next car...There is not much choice in this sector and have narrowed the choice down to an Accord Hybrid. I have been looking for about a couple of weeks in NJ and am getting the following numbers:
    1. HAH without navigation- $26,100 (incl. destination charges)
    2. HAH with navigation- $28,000 (incl. destination charges)

    Can you folks please elaborate on what the numbers are like on the 2005 models (with or without navigation)? If anyone from NJ, NY or PA can reply, I will appreciate it.
  • Those are good prices.

    if you figure that the HAH w/o navigation retails for 27100 and that doesn't include the $500 destination charge then your savings on a quote of 26,100 (which included destination) is $1500 under invoice.

    If you can get it in the color you like and without biting on the extra add-ins it sounds like a good deal to me.
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