Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Good luck with your deal
I'm from the Seattle area as well and am looking for a coupe w/o navi. What dealer did you find that was doing $300 below invoice? Thanks!
I traded email with a dealer in Tempe on the 15th of March, he could get me what I wanted for $28,113 (car and destination price) and he would give me window tint & Splash Guards for the stated price. I said great here is my CC for a $500 hold on Thursday the 20th. Once he had the car at his dealership, he told me that they had to pay $500 for getting the car to them (dealer trade) and asked if I could cover $200 of it. I thought I could do that as I was still getting the car at a good price of $28,313 (car and destination price). The agreement was that I could pick it up on Thursday the 27th. On the 27th I called them and they said that the car was not ready! Asked me to come to the dealership on Friday the 28th at 1:00 and it would be ready. Well I was flying back from a trip that put me in Phoenix for a 5 hour layover and planned to just ship the car to my home via my Father in-Law. Nope, that was not going to happen unless I skipped my flight, that was the start of a long 2 day process of buying a car!
I thought it would be simple and quick since we had agreed to the price already. Well when I got there they told me I would have to pay a county and city tax, an additional 2.6% on the price. I told them that I was taking the Car to Idaho and only needed to pay 6% once I got to Idaho. They said I could not drive it off the lot without paying that additional tax, I said that I was having it shipped anyways, my Father in-law owns a trucking company in Phoenix. They were pissed off and started to drag their feet on everything from that point on! The car did not have the splash guards on so I told them to take $100 (list price) off the car, they did. Then I asked to see the window sticker to see where the car had been ship to originally, I got the “oh just a second ” then he came back and said that he was able to get the $200 transfer fee waived. I got that tip from a post here. So now the car is back to $28,013. Then I was off to see the “finance” guy. He told me they HAD to charge me $35 for a temp tag, I told him no, it was being shipped to Idaho and in Idaho I had 72 hours to buy a temp tag there (30 day is $12) with a Proof of Purchase of the car. He had to go check and see if they could sell me the car if I refused. Well he was able to get the fee waved, yet again! So now the car was down to $27,978. Then he went into his sales pitch about Honda Care and how he could offer me the 8 year 120K plan for just $2,199, normally it goes for $2,499. I told him I would pay him $995 for it , he told me that was below his cost and they was no way I could get it for that price. So I showed him the printout I hade from the (Saccucci dealership in NJ) with that price. He said they were not supposed to do that! I said do you want to match it or not? Nope, so I used their free internet after I purchased the car and ordered it right their on the dealership floor :P .
All seemed well, but I went to look the car over and it was not all that clean and polished. It still had residue from the sticky paper they put on the cars to protect them. Back to the wash and 1 hour later, the “Customer Relations” director came up and told me how sorry he was for the entire process. He had been authorized to have the splash guards put on and asked me if there was anything else he could do. I asked if he could add an extra Key in for all the troubles. He said yes and was VERY nice about the whole thing. He was the best part of the entire buying experience.
BTW the Car was delivered by a dealer about 20 miles from the dealer I bought it from no wonder they could “waive” the $500 transfer fee.
I did have a full rear spoiler (over paid a little but.. $600) put on and we LOVE the car!!!!
The dealers in Boise wanted $30,899 + $700 for the rear spoiler. They never once in 5 months were able to find the car I wanted (which is what I bought) or offered to order it. I think they knew I was very knowledgeable about the pricing and what I was willing to pay, they just did want my business. Thanks to all that post here! i hope mine helps someone get a great deal.
Oh one other note.. The salesman called my home on Monday after I bought the car and suggested that if I was to submit 5’s across he would send me a Gas card???? Hummm, so that’s how dealers get good ratings. Not sure how ethical that is
Does it make sense to consider the EX model (no leather or NAV) over the LX-P from a price delta standpoint?
BTW...I'm in the Raleigh, NC area.
BTW, I'm in Roanoke Rapids so I'll probably be shopping in Raleigh amongst other places when the time comes to make a decision. I'll be interested to hear what deals can be had down there.
I4 not V4.
I4 = 4 cylinders are positioned straight up like 4 letters I.
V6 = every 2 cylinders touch together at its end making an angle like letter V. Therefore, there are 3 letters V in a V6 Accord.
I have agreed with you the V6 Accord is silky smooth. I own a '08 V6 EX-L too. Love the power. You can drive straight non-stop 500+ miles and the V6 runs like nothing while the I4 shows some signs of fatigue and/ or overwork. Therefore, for long trips with hills you should drive V6. All my 4 Accord now are V6 EX or EX-L. Love them dearly.
We were quoted $21,801 (includes Destination) for EX-I4 but really didn't care about the sunroof and sport-tuned riding suspension with 17" wheels. Hated the EX fabric. No problem with getting a 177HP @ 6500 RPM vs. 190HP@ 7000 RPM, basically the same engine with a larger muffler and tweaked control module.....if you extrapolate 177HP out to 7000 RPM what do you get.......190HP!! Same engine.
It's all about what you like, but we thought the $20,344 was a good price, loving the car!!!!!
Honda EX-L
$23462 (incl dest fee)
Honda EX-L V6
$25550 (incl dest fee)
Is this a good deal for this area.
I test drove both EX-L and V6 but did not find much difference on backroads. Is there a huge difference on the highways. Which one would you recommend.
Thanks,
Honda124
I asked other Honda Dealers in Twin Cities and all are quoting higher than 23500 for EX-L.
I am not sure why the prices in Minneapolis/Twin Cities are $500-600 higher than compared to SC, NC, NJ and NYC.
Where did you buy your Honda from?
I am a CR fan and long time subscriber, but all the info they want to charge you for is available free of charge on the web. You need to know invoice cost and hold back and dealer incentives (if any) - all this is available online for free.
Love CR, but their "car buying report" is a rip off.
Dennis
26495.00 Honda MSRP
24263.00 Co-op advertising adjusted invoice
-727.00HOLD BLACK (only 485.00 is the HTB - the other 242.00 covers fixed costs)
-400.00 Honda special advertising adjustment (4cyl Accords only - payable ONLY if you hit 110% of your volume Honda sets for your store)
24263.00
-400 Special "super secret" Ad money
-485.00 HTB
=23378.00 adjusted invoice cost. DO NOT COUNT the other 242.00 of the holdback as it ment to cover interest occured while in-stock.
Now think of this: RB Honda pays a salesperson a $150.00 "mini" to sell a vehicle and $75.00 to clean it for delivery. Their adjusted cost is then $23603.00 - actually, not just their cost but all of our cost.
Hopefully, this sheds some light on the pricing. For the record - my store is one that is ABOVE $23500.00
Good luck in your price shopping. RB is a good store and the internet gal is super sweet. I used to work there up to 03/01 (read about me in rate your dealer :P )
Thanks for your input on pricing of Honda Accord. So far RB Honda has been offering the best prices in Twin Cities. I wonder why other Twin Cities dealer are not able to match or better the prices.
I had used the INTERNET for locate the best price.
Then in Feb I received an E-Mail from that dealer (I guess all their E-Mail inquiries were on their data base) that they were taking $500 off of all previous INTERNET prices if you bought a car from what they had in stock. So it is my thinking that car sales are worse now then they were a few months ago because of the price of gasoline. So you should be looking for a price at about $1500 below dealer invoice.
For sure don't pay over dealer invoice.
Do you know if AHFC will be running any incentives or providing better lease rates during the month of May? I'm not sure if you have this sort of information (or are able to divulge it), but I've been shopping Accord Coupes and have been waiting for their lease rates to improve. Currently, they don't seem to be that aggressive in comparison with some of their competitors' rates.
Thanks,
Jordan
Thank you
Twotone
Me: I'm looking to get at 2% below invoice and i want dealer hold back which I know for a fact is at $2500.00!
Reply: Hi Will -
Anything below invoice is an extremely tall order on Accords, especially high-end ones like the one you are requesting. I know it's not possible on the V6 models, but we may be able to come to a deal on the 4-cyls.
As far as the hold backs are concerned, they are about 2%-3% of the MSRP of the vehicles. So I'm not sure where you are getting your facts, because $2500 is nowhere close to what the hold back actually is. On top of that, hold backs are designed to keep dealerships afloat specifically because of customer who want to buy cars at or below invoice. Customers are not entitled to holdback money.
So, I come here and want to know what some of you shrewd negotiators think of this. BTW, the dealership is Potamkin Honda in NYC.
Thanks in advance!
I'll bet ten to one there will be no incentives on the Accords for rates until July.
Wow - I almost fell for the gag and thought you were serious!
The best internet price was $25,976 including dest. This is $300 below invoice.
The rest of the deal is: $25,976, taxes $1,688, doc fee $50, Gov fees $407
Total OTD is $28,121
Then I started negotiating via email and phone between the two dealerships and the latest OTD price is $27,950. I plan to pull the trigger tomorrow. I will post here the final deal.
So, I guess there's no sense in waiting if AHFC doesn't have any reason to bolster their lease incentives. I've been watching the Accord sales numbers that Honda releases, and they seem to be trending up. They were down for the month of February (compared to Feb 2007), and up just slightly in March. You're probably right on the money with your projections for April, given the skyrocketing gas prices and push toward more fuel-efficient vehicles.
July may be a little longer than I want to wait, especially if the incentives aren't likely to be that great.
BTW, I'd like the opportunity to negotiate into that $2,500 holdback with my local dealers. :P
Looking at the math, with $20,820 being exactly $100 above invoice for the LX-P before the price drop, I would guess that a LX sedan would be $19,912-$486= $19,426. Don't know for sure.
Just come on down from San Antonio and get yourself a great deal (once again, I'm NOT a dealer).....just have a great connection through my job.
And I got 4.65% financing ($3500 downpayment) through American Honda Financing for 60 months as well.....better than my credit union. The finance guy offered me 4.9% for 60 months then said he could go lower if a put some money down. I think he was shocked when I actually wrote the check.........really didn't expect me to take him up on the offer.
I also am a huge CR fan & a subscriber. However the reports are not free even with a subscription they are $14 per report.
i've done it so far the last several years when buying all my cars and it was very helpful. this site (edmonds.com) is also helpful, just comparing prices, especially the TMV. both sites, though, aren't as up to date with the dealer kickbacks, etc.
I never said they were free - in fact I said that they are a rip-off. They charge $14 for info you can get on the web with a few minutes worth of searching.
Dennis