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My next step should be making an appointment for a test drive. I'll keep you guys informed.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
The price is:
$16,185 car including destination charge
+ $ 300 dealer "documentation fee"
-------
$16,485 total excluding Massachusetts sales tax (5%) and registration fees set by the state ($86 for new plates)
Reference prices:
$19,220 MSRP
$17,392 Dealer Invoice
$16,833 CR "Bottom Line Price" (subtracting the Dealer Holdback they know of)
Since I paid ~$350 less than the CR Bottom Line price ($650 less excluding the "documentation fee" CR doesn't calculate in), I think there are additional incentives the dealer is getting that CR doesn't know about, at least yet.
The 2nd best offer I got was about $280 higher than this.
These 2 offers my wife and I got through email quotes after initial dealer contacts through Edmunds.com and also Honda.com's list of dealers with Internet sales. 2-3 other dealers said they couldn't go below $17,000 (plus they'd add on their documentation fees). The little negotiating we did was over the phone and via email, basically just asking if they could do better prices. It was nice to have the price all set at $16,185 + $300 + tax + registration before I went to the dealer.
One infamous dealer who's salesman didn't return my 2 voicemail messages left on his cellphone for three days gave me verbal offers of an Accord LX for $16,000; however I don't consider those credible since they had done a bait-and-switch on me before ("that $13,900 car is gone, the best we can do now is $16,988 + documentation +..."). The 2nd sounds-too-good-to-be-true offer on the LX only started too late -- after I told them I was ready to buy at another dealer.
Test driving impressions of the car:
1st I've always driven a stick shift so I don't mind the manual at all. Test drove a 4 cyl Automatic with a car full of people and kids and it actually felt as responsive as the Manual. Responsive enough that if an AT was less expensive I would have gotten one of those.
I generally drive cars 10+ yrs and 200-250,000 miles so I don't care about a Manual being harder to resell.
My current car is an economy car, 1997 Ford Escort wagon, so even the VP is a step up for me and I don't need/want the extra features in an LX, SE, or EX. The '97 Escort's been very reliable and has given me 197,000 miles, BTW. Currently get 34 MPG in the Escort with 80% highway driving, and hope to get about the same with the Accord.
VP AT 15595
LX AT 16983
SE AT 17665
SE v6 AT 18995
A quick compare to invoice shows that DC dealers are getting about 2K per car from someone in marketing support. Yet edmunds still shows nothing.
Has anyone bought an EX-L l4 in this area - if so what's the price i should expect to pay?
Just received an email with the following prices (all before delivery and TTL and doc fee):
VP AT 15595
LX AT 16983
SE AT 17665
SE v6 AT 18995
A quick compare to invoice shows that DC dealers are getting about 2K per car from someone in marketing support. Yet edmunds still shows nothing.
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If this is before freight/destination, you might be able to do a few hundred dollars better in the Washington DC metro area. See the excellent post by Smackldog. I bought a 2007 EX-L 4 cylinder automatic accord for $20,550 (including freight and processing) + TTL a few days ago - I had received quote for SE 4 cyl auto for just under 18K including destination and processing. This was before the published incentives ended on July 5, but from recent posts, it seems like some marketing support is still there.
Good Luck!
The Accord model hierarchy is confusing because of the SE models. In the 4-cylinder Accords, the base is the VP, then LX, then SE, then EX. In the V6 Accords, it's SE, LX, EX. So an SE 4-cylinder has MORE equipment than an LX I-4. But an LX V6 has more equipment than an SE V6. Clear as mud, right?
In the I-4 models, choosing the SE over the LX is almost a no brainer. The $700 buys you 5-spoke alloy wheels instead of plastic wheel covers, adds a 6-disc in-dash changer in place of the single disc and adds simulated carbon fiber trim on the dash. It looks like an EX from the outside, just without the sunroof.
The best 0-60 time I've found for an automatic I-4 Accord is 8.1 seconds. The V6 Accord is around 6.7 seconds. Take the 4 for a test drive and drive it how you normally would (merging into traffic, pulling out onto a highway, etc.) and then decide if you think it has enough power. Drive the I-4 and V6 back-to-back for comparison, too.
I drove a '92 Accord EX I-4 for years and I am an aggressive driver. I never had any problem merging into Atlanta traffic and, with exception to passing on two lane roads, never wanted for additional power.
Just wanted to make you aware that the I-4 is more than adequate for probably 90% of buyers, but the V6 is almost seen as a premium/upscale version. The truth is that the vast majority of those who buy the V6 never tap into all that power and pay a penalty at every fill up anyway.
I've already received one quote even better for an LX by about $200.
My challenge is what to do with my current VW Passat - sell privately or trade? I don't look forward to the hassle of a private sale, or the risk of the new owner coming back to me as soon as something goes wrong. And with a VW product, you know something WILL soon go wrong!
Prob can get similar in CA?
I am looking to buy an Accord SE V6 in the STL area. Any suggestions on a good price in my area? I've gotten a couple of quotes already:
1) $20,995 (Cash) $21,775 (2.9% for 24 months, 3.9% for 36 months, 4.9% for 48 months, 5.9% for 60 months)
2) $20,154 including destination charge. Add'n $159 documentation charge will be added on.
What do you all think? Do I have more room to negotiate? I am also looking at Passat 2.0T and the 07 Camry. But I have read about the recent problems with the Camry and well, we already own a 04 passat so I am aware of the "problems" that it brings, but its a fun and very safe car to drive. Please weigh in thanks!!
Mike
Vehicle Price- $16,798.00
Sales Tax- $1,049.88
Documentary Fee- $50.00
Title Fee- $44.50
License Plates- $60.80
Inspection Fee- $21.75
Full Deputy Fee- $5.00
Dealer's Inventory Tax- $42.46
Your Drive out Price- $18,072.39
We got quotes from 15 or more dealers from all over the state. The ones we gave our phone number to seemed to give much higher quotes than the ones we didn't give the phone number to. For whatever that's worth.
4 dealers had similar OTDs. We started working with those dealerships and bounced those numbers off of maybe 5 Bay Area dealers. All of the Bay Area dealers refused to come near the other OTDs. Even chatted on the phone to the local dealers to try and get the deal done. The local dealers wouldn't move on the price.
If I were to analyze what happened and why we got the price, I guess it might have to do with the time of the year we bought the car. We bought at the end of June. So dealers wanted to meet their monthly numbers. Also, I believe that June 30 is the end of the 2nd quarter for the dealerships, so there was added incentive to sell cars, perhaps. Honda was also running the $1200 incentive on the EX-L Navi models. Also, we were buying the I4 not the V6.
The other dealers that we received competitive quotes from were Maroone Honda of Hollywood, Ed Morse Honda, Rick Case Honda and Honda of the Avenues.
Best of luck to you.
"Freight" is the same as the destination charge since that term is often interchangeably used by the dealers. Even the radio commercials that I've heard call it freight instead of destination.
I assume the SE that you're trying to get for $13.3K (before TTL) is the I4 5AT version? If so, the price should be roughly about $1500 cheaper than the I4 EX 5AT. When I was comparison shopping, I was considering the SE-V6 as well because of the inclusion of VSA/traction and it had the same MSRP as the I4 EX but in the end, opted for the I4 EX instead due to higher incentives and also lower TCO overall, being an I4.
Regards,
David
I'd suggest that if you're looking to buy and you don't plan to drive from dealer-to-dealer is to start on the Internet. Go to Honda's recently revamped website and either request a quote and select the particular trim and then pick a dealer to send it to, or enter your zip code in the dealer locater page and it will pull up all the dealers. If you're in the metro DC/VA/MD area, you should see 15 dealers. From there, you can click "request a quote" (from that particular dealer).
Or, do what I did: look at the website of each dealer, and then go to their website and submit a request for a quote. I did that for all the dealers that I wanted a quote from. Within hours, you'll get a response via email (sometimes more than one) and typically one or more of them will be from their "Internet Sales Manager(s)" and some of them will assign a sales person to work with you.
Good luck!
Regards,
David
While Edmunds hasn't published any new marketing support programs for the Accords other than the present nationwide lease offers on LX and EX, I'm still getting emails from dealers that I had originally contacted advertising their "clearance sales".
Just earlier tonight, Ourisman Honda sent out an email for their clearance sale of indicating that most of their inventory have been "marked down $2,007 below invoice."
I just did a quick check of the following dealers' website for new inventory and came back with:
Brown's Arlington Honda: 104 Accord sedans
Fairfax Honda: 150 (151 if you count a lone Hybrid)
Landmark Honda: 266 (all Accords)
Koons Honda: 162 (all Accords)
Happy bargaining!
Regards,
David
Have you considered Carmax?
While you may not get top dollar as with a private sale, it is less of a hassle than selling it privately or going the trade-in route. Just be careful that the dealer doesn't try to low-ball with a low trade-in value just to get back some money from the negotiated sales price of the new vehicle.
They price matched a email offer from Valencia Honda about three hundred miles away. I was shocked when they said yes. The internet manager was great and couldn't have been nicer. Had a 10 minute Soft sell with the finance manager at the end, one no was all it took when it came to rejecting extended warranties, protective coatings, windshield,and theft protection.
pacific honda:$18,690(including dest);
DCH honda of Temecula:$17,990(including dest).
Thanks for your help.
I will buy the Accord SE I4 5AT tomorrow. I live in Philadelphia area. I did send some quotes, hoever no dealer like to tell me a clear quote price, especially OTD.
I decide to meeet two of them. Any suggestions on a good price in my area?
Thanks.
Why not request quotes from several dealers and note in your email to them that you're buying within 24 hours from whoever has the best price (or beat the lowest deal)? You have over a dozen dealers to choose from, and where you buy doesn't necessarily mean you'll go back to them for post-sales service, especially during the warranty period.
Regards,
David
It was $20,400. Do you think this is a good price?
I know a friend who got OTD $20,500 this January. Considering that it's July, it does not seem that I got a really great deal.
I purchased a EX-L AT with Navi (4 cylinder) with a MSRP of $27,645 for $22,100 from a suburban Chicagoland dealer last night. I had several internet quotes in that vicinity. I didn't push too hard beyond that as I felt that it was a pretty good deal for that particular car. My total OTD was $23,800.